Staying in a Serviced Residence – Is it a Financially Wise Choice?

Enjoy 10% off your stay when you quote ‘FEHxMS2021’ in your enquiries. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Be a Far East Insider and get 10% off your stay. [credit cards]( [online brokerage]( [personal loans]( [Blog]( Are Serviced Residences the Better Choice? If you’re looking for a great value for money place to stay in Singapore, you may want to consider staying in a serviced residence. Use the code ‘FEHxMS2021’ when you enquire. [Enquire Now]( Here are 9 scenarios why it could be a financially wise move. 1. BTO flat delay If you can’t wait to move in with your partner, staying in a serviced residence may be a wiser choice since they come fully furnished. 2. Less time commuting If you’re not a big fan of long commutes, there are many serviced residences across Singapore strategically located near MRT lines. 3. No mortgage If you want to avoid getting tied down with a housing loan, renting a serviced residence is worth considering. You get to save your CPF and enjoy more in your retirement years. 4. Rent out your property If you want to earn passive income, consider renting out your current property and living in a serviced residence with a lower monthly rental price. 5. Flexible interim option If you’ve just sold your home, serviced residences provide flexibility and convenience while you’re in the midst of looking for your next place. 6. Complete privacy If you need some alone time to focus on a project, serviced residences provide the most ideal space to get some work done minus the long-term commitment. 7. Live on your own If you’ve been wanting to experience living on your own, you don’t need to worry about difficult situations with landlords and housemates, or with long rental contracts. The minimum stay period in a serviced residence is 6 nights. 8. Less time doing chores If you’re looking for a place where you don’t need to lift a finger, a serviced residence may be the perfect place for you. Professional laundry and housekeeping services can be customised in the rental package, according to your preference. 9. Home renovation If you need a temporary place to stay while your home undergoes renovations, look into booking a serviced residence, especially the ones with reno-cation packages. Far East Hospitality’s Reno-cation Package offers $100 off weekly rental or $300 off monthly rental from now till 31 Dec 2021. Discover Serviced Residence Stay Packages with Far East Hospitality Kids and pet-friendly Priced from $3,200 per month onwards Available in various sizes (up to 3-bedroom units) Suitable for both short-term and long-term stays Fully furnished and well-equipped kitchen Inclusive of laundry and housekeeping services and utilities Packed with condo amenities such as pool, gym, tennis courts, BBQ pits, etc. Inclusive of selected cable TV channels and complimentary WiFi Able to accommodate up to 6 to 8 people in larger apartments Located islandwide in convenient locations (close proximity to schools, work, etc.) Keen on booking? Check out Far East Hospitality’s portfolio of serviced residences [here]( or email your enquiries to sales.sr@fareast.com.sg Enjoy 10% off your stay when you quote ‘FEHxMS2021’ in your enquiry. [Enquire Now]( *Offer is valid till 30 June 2022 and is applicable for new bookings only. Other terms and conditions apply. Follow us to browse our bite-sized content pieces and to stay on top of our exclusive promos! [credit cards]( [online brokerage]( [personal loans]( [Blog]( This email was originally sent to {EMAIL}. You have received this email because you are subscribed to MoneySmart Singapore’s awesome newsletter. Sent by MoneySmart Singapore Pte Ltd, MoneySmart Singapore Pte Ltd, 8 Commonwealth Lane, #04-02, Singapore 149555, Singapore [Unsubscribe](