As rental prices in Singapore continue to skyrocket 80 - 150%, finding affordable housing solutions has become a challenge for many individuals and families, especially for foreigners living in Singapore that at the mercy of their landlords. Even if one could still afford such crazy rental prices, it really doesn’t make any sense to pay such prices.. However, there is a savvy alternative that provides flexibility, cost-effectiveness, and peace of mind: downsizing or renting a smaller house and utilizing storage facilities so you can keep your precious belongings and not throw them away due to space constraints. We will explore the benefits of this approach and why it is a smart choice for many of our customers facing the burden of rising rental prices.

Cost-Effective Living:

With property prices reaching new heights due to inflationary pressures, renting a small house becomes an attractive option for even the non budget-conscious individuals. By opting for a smaller living space, renters can enjoy significant savings on monthly rent payments compared to larger properties. Opting for a smaller living space allows you to significantly reduce housing expenses, freeing up funds for other essential aspects of your life. By making strategic decisions about your living arrangement and embracing the concept of downsizing, you can still enjoy a comfortable lifestyle within your budget.

Flexibility and Mobility:

Many foreigners have chosen to return to their home country or relocate to other countries to live and work due to the insane inflationary rental prices in Singapore. While some have the luxury to do so, others might not have the same option due career or family commitments. Facing such dynamic circumstances, renting a smaller house and utilizing storage facilities offer the flexibility and mobility necessary to adapt to changes in living arrangements. Putting your items in storage allows you to ship your items to your new home at moments notice

Living a Minimalist Lifestyle

While downsizing might be perceived as a downgrade of your lifestyle, it might actually be a new opportunity/reason/excuse to try out new lifestyles. Ask ourselves, do we really need to stay in certain districts? Do we really need such a big house? Downsizing allows you to prioritize not only your essential belongings and live a more minimalist lifestyle, but also the more important matters in life. By optimizing the available and using creative storage solutions, you can still create a comfortable living environment that meets your needs while reducing clutter. Storage facilities play a crucial role by providing secured space to keep your precious belongings that are not needed on a daily basis.

Trying out New Neighbourhoods

Soaring rental prices provides another new excuse or reason to trying out neighbourhoods that are generally not within your ‘comfort’ zone. This might be an opportunity for growth and adventure as your explore new areas in Singapore. Each new neghbourhood offers a distinct atmosphere, local attractions and vibrant communities, allowing you to immerse yourself in the multicultural fabric of Singapore. You may discover hidden gems that actually suit your taste and resonate with your preference and lifestyle. With storage solutions in place, you can seamlessly transition from one neighborhood to another facilities and exciting living experience.

Conclusion?

Rising rental can pose a great challenge. We understand the dilemmas and the hard decisions when seeking new places to stay. Reddot Movers offers flexible duration and affordable storage services to ease those decisions. We also offer great moving services to help you relocated locally and internationally. Our range of services gives our customers options to decide their next step in this environment of skyrocketing rental prices.

What is your story? Do reach us for a discussion if this resonates with you.