Singapore has been on the frontline in creating a conducive environment for international students in order to drive up its standing as an innovation hub as well as to improve its economic growth prospects. Since the introduction of a creative initiative better referred to as the Global Schoolhouse that was formulated in the early years of the current millennium, many international higher learning institutions have since set up shop in Singapore with the number of international students estimated to be over 76,000 in addition to the local students.
This high number of students might be a problem in many countries but this is not the case in Singapore where the government has done a good job of providing affordable housing infrastructure through the housing and development board. Despite the efforts of the housing and development board in ensuring a steady supply of affordable housing units, rental prices of the available units have still gone up slightly especially in areas around the international universities.
International Students have two main choices for their accommodation. They can either get accommodated inside the campus in the halls of residence where demand for room is known to surpass the supply or find their own accommodation off the campus. Accommodation off the campus is normally in private hostels that are run by independent institutions, home stay initiatives where community integrate some students who pay a monthly fee in return or in apartments where they can team up with other students and share the cost.
Singapore being a very urbanized country due to its limited supply of land resource has a high number of beautiful skyscrapers. For students who are looking for a little more comfort, there are apartments which can either be furnished fully or partially that are available for rent. Condominiums that have special facilities such as gym, tennis court, swimming pool and a club house are also available for students who are able to part with a little more money.
The price of rooms that are up for rent is also determined by the proximity to the system of transport. Most parts of Singapore are covered by a highly efficient and affordable system of transport that consists of a metro or an MRT system. This makes it easy for the students to commute to their respective institutions of higher learning from any part of the country. Apartments that are built along these systems of transport are more expensive due to the ease of access.
There are several ways that a student can find available rooms for rent without agents being involved. Local dailies are known to run advertisements of available rooms but many of the universities have in recent years set up an office where oversees students can be assisted with information on the available rooms that are up for rent. Social media avenues like facebook, blogs and websites are also a popular platform where students can get information on the available rooms or students that might be searching for roommates.