While you're renting, understanding condo market trends can help predict rent stability and landlord behavior. Properties in high-demand areas with good resale prospects typically have more stable rents and better maintenance. However, rapidly appreciating properties may face higher rent increases at renewal. Consider the development's age, location, and market reputation when evaluating long-term rental viability.
HDB estates often have nearby markets, food courts, clinics, schools, and community centers. Many have playgrounds, fitness corners, and resident committee activities. Check proximity to essential services, public transport, and whether the estate has active community programs that might interest you.
Teenagers require more privacy and independence than younger children. Consider bedroom assignments that provide adequate separation from parents and siblings, ensure good soundproofing for music and phone calls, and discuss household rules about friends visiting. Plan for increased utility usage and potential need for additional internet bandwidth or separate study spaces.
Research the area's safety record, future development plans, and property value trends. Check proximity to essential services like hospitals, schools, and shopping centers. Evaluate public transport connectivity and traffic patterns during peak hours. Consider the community demographics and whether the neighborhood aligns with your lifestyle preferences and long-term plans.
Keep drains clear, cover bins, and avoid standing water in trays or pots. Check window screens and door seals. Store food in sealed containers. Trim bushes and grass regularly to reduce hiding spots for pests, and consider periodic pest control if the area is prone to bugs.
Check the agreement for notice and replacement terms. Align on advertising, viewings, and how utilities are split during the gap. Keep shared costs transparent so no one subsidizes unfairly. Get approvals in writing before a new person joins.
Scan for groceries, eateries, clinics, and childcare nearby. Check sheltered walkways and bus stops. If you exercise outdoors, look for simple parks and fitness corners. Everyday errands become easier when essential services are within a short, comfortable stroll.
HDB estates periodically undergo upgrading works that can last months. This includes lift upgrading, facade improvements, and infrastructure updates. Renovation noise from neighbors is also common and allowed during specific hours (usually 9am-6pm on weekdays). Check if any major upgrading works are planned for your block before signing a lease.