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Brunei – Property Rental Prices

The rental prices in Brunei vary greatly depending on the location and type of property. However, on average, a one-bedroom apartment in the capital city of Bandar Seri Begawan costs between BND 500 to BND 800 per month. A two-bedroom apartment costs between BND 800 to BND 1,200 per month, and a three-bedroom apartment costs around BND 1,200 to BND 1,800 per month.

The rental prices for houses are generally higher than those for apartments, with a three-bedroom house costing around BND 1,500 to BND 2,500 per month. The prices also tend to be higher in more affluent areas of the country, such as Gadong, Jerudong, and Berakas.

Rental Caps in Brunei

There are no rental caps in place in Brunei, which means that landlords are free to set the rental prices as they see fit. However, it is worth noting that the government does impose taxes on rental properties, and this can impact the overall cost of renting.

Deposit and End of Tenancy Rules

When renting in Brunei, you will typically have to pay a deposit of two to three months’ rent. This deposit is meant to protect the landlord in the event of damage to the property or unpaid rent.

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At the end of a tenancy, the deposit should be returned to the tenant if the property has been returned in good condition and there are no outstanding rent payments. If there is any damage to the property or outstanding rent, the landlord may deduct these costs from the deposit.

Price and Availability of Rentals

The price and availability of rentals in Brunei can vary depending on the time of year. During peak tourist season, rental prices may increase as demand for properties rises. The availability of properties may also be limited during this time, as many landlords prefer to rent their properties to tourists.

On the other hand, rental prices may decrease during the off-season, and the availability of properties may increase as landlords look to rent out their properties to long-term tenants.

Overall, the rental market in Brunei is relatively stable, with a steady demand for rental properties and a good supply of properties available to rent.

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