Dione Schick, the Co-Founder of BASCO and a renowned Boat Guru, recently shared her insights on the feasibility of living on a boat in an interview with CNA938.
Living the Dream: Dione Schick on the Reality of Boat Living in Singapore
Dione Schick, Co-Founder of BASCO and a renowned "Boat Guru," recently shared her valuable insights on the feasibility of living on a boat in Singapore with CNA938.
Addressing the concerns of potential boat dwellers, she discussed the cost of purchasing and maintaining a boat, the legalities involved, the expenses of docking in a marina (like Keppel Bay Marina, One 15 Marina, Raffles Marina, and SAF Yacht Club), and whether this boating lifestyle is truly attainable for Singaporeans.
Cost of Boat Ownership
Schick explained that the cost of a boat varies significantly based on its type and size.
While luxury yachts can cost millions of dollars, more affordable options exist, such as used boats or smaller vessels.
Ongoing Expenses of Boat Living
Living aboard also comes with ongoing expenses.
Most marinas offer shore power and amenities like air conditioning, but berthing fees can vary greatly depending on the location and date.
Is Boat Living in Singapore Viable?
The interview explored the growing interest in boat living in Singapore, examining whether it's a practical and financially viable housing alternative.
Schick addressed the question of bank loans for boat owners and the feasibility of this lifestyle for Singaporean residents.
Living on a boat offers a unique blend of freedom and adventure.
However, it's crucial to carefully consider the associated costs and lifestyle changes before making the leap.
Interested in learning more about Dione's insights on living on a boat?
Listen to the full interview here: [Interview Link]
Key Considerations for Boat Living in Singapore
Cost:
Purchase: Budget for the initial cost of the boat, whether new or used.
Maintenance: Factor in regular maintenance costs, including engine repairs and hull cleaning.
Berthing: Research marina fees at yacht clubs in locations like One 15 Membership, Keppel Bay and Raffles Marina, which can vary significantly month depending on the location and amenities.
Lifestyle:
Space: Consider the limited space available on a boat.
Community: Explore the social aspects of living in a marina and the potential for forming a community with other liveaboards.
Location: Determine the ideal location based on your preferences and desired proximity to amenities.
Legalities:
Regulations: Understand and comply with all relevant regulations and permits for living aboard in Singapore.
Insurance: Obtain appropriate insurance coverage for your boat and any potential liabilities.
Boat Living Beyond Singapore
While the focus is on Singapore, the principles of boat living can be applied to other regions in Southeast Asia, such as Thailand and Malaysia and Hong Kong.
Dreaming of a life on the open seas?
This interview provides valuable insights for anyone considering the boating lifestyle and whether it's the right fit for them.
To find Houseboats for Sale in Singapore and other yacht clubs, click HERE.
And remember, we're here to help you, so if you have any questions about living on a boat in Singapore or further afield, please message us on WhatsApp +65 9859 1244 or +61 0458 356 993.
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