Most people in Singapore sign either a 1-year or 2-year lease.
Whilst a 1-year lease gives you flexibility, a 2-year lease makes it easier to negotiate a better rental price and in most instances where your rental budget is over S$4,000 you can engage our own property agent at no cost.
Whilst if you are getting a 1-year lease and are planning to engage a property agent, you generally have to pay them a fee.
In our experience, 2-year leases are more common among expats. 2-year leases typically come with a diplomatic clause (Break-out clause).
For a further understand we recommend reading this article on Tenancy Agreements in Singapore.