STUDENT LIFE
Living in Singapore
The standard of living in Singapore is amongst the highest in Asia. However, compared to countries in western continents, the cost of living here is relatively low, and basic items like food and clothing are considered reasonably-priced.

Student Accommodation
Student housing options
Choosing a suitable accommodation to stay is one of the most important decisions you will make if you are an international student coming to Singapore to study. You are advised to start looking for a place to stay before you arrive in Singapore and before school term commences.

HOUSING TIPS
Factors to consider when choosing Accommodation
Do note that the contract / tenancy agreement will be solely between the student and hostel management / owner. We advise you to read the contract / tenancy agreement carefully before you make any commitment.
Rent
This includes the monthly rental of the unit, rental deposit, security deposit, administrative charges, agent fees etc.
Location
Do check whether the apartment/hostel is conveniently located and if amenities like public transport, grocery stores, food outlets or banks are easily accessible.
Length of Lease
The minimum lease of a unit is normally at least a year. You are advised to negotiate the terms of lease with your landlord.
Other
The cost of accommodation depends on several factors such as the locality, type of premises, size, furnishings provided, recreational facilities available, length of lease. Housing in Singapore is generally expensive, especially within the city.
OTHER COSTS
Budgeting for a life as a student.
On average, an international student in Singapore spends about S$750 to S$2,000 a month on living expenses. The amount varies depending on your individual lifestyle and course of study. (Source: Information adapted from Singapore Education at http://www.moe.gov.sg). When planning your budget for living expenses in Singapore, do consider these items:
MONEY MATTERS
Understanding the Culture of Money
The local currency is Singapore dollars and cents. A 7% Goods and Services Tax (GST) is imposed on all purchases. Tipping is not practised in Singapore as most hotels and restaurants already levy a 10% service charge on bills. Major credit cards are generally accepted by establishments, including American Express, Diners Card, JCB, MasterCard and Visa.
Another widely-used method of payment is NETS, which allows you to make payment with your Automated Teller Machine (ATM) card. (Source: Information adapted from Singapore Education at http://www.moe.gov.sg)
INSTITUTION
Tips on living in Singapore
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Why Study in Singapore
Pursuing a higher education or continuing your studies in a new country can be nerve-wracking. At the London School of Business and Finance, we hope to make your international experience and transition smooth and easy in Singapore.
Living in Singapore
One of the most common misconceptions about Singapore is that it is outrageously expensive. Unless you are planning to buy a house or a car, you can actually live in the city very inexpensively.

Culture in Singapore
No matter how long you spend studying in Singapore, you will always find new and interesting activities to do and places to explore. See this page to get a taste of what you can expect in this incredible country.