Deposits are security against damage and unpaid bills, usually returned after handover if conditions are met. Read the break clause carefully, including notice requirements, potential fees, and whether a replacement tenant is allowed. Keep everything documented and dated.
Consider your family's growth plans and changing needs over the lease period. Evaluate room sizes for current and future occupants, proximity to schools and family-friendly amenities, and whether the layout supports aging in place. Factor in the total cost of ownership including utilities, maintenance, and potential rent increases. Choose a location that balances space needs with commute convenience and community resources.
Use multi-functional furniture like storage beds, extendable dining tables, and wall-mounted desks. Create defined zones with room dividers or furniture placement. Utilize vertical storage, under-stair spaces, and consider whether the living area can double as a workspace or guest room when needed.
Look for layouts where bedrooms don't directly face each other for better privacy. Check if both bedrooms have windows for natural light and ventilation. Consider whether the kitchen is open or closed to the living area - open kitchens feel spacious but cooking smells spread. Ensure there's adequate storage throughout the unit, not just in bedrooms.
For multiple generations, prioritize accessibility and privacy. Make sure one bedroom for grandparents is easy to reach (no stairs) and near a bathroom. A 4-bedroom with a second en-suite (junior master) is ideal to give older parents their own space. Ensure there's plenty of common area for family gatherings, but also enough rooms or corners for privacy when needed. That way, everyone has a comfortable room and nobody feels cramped.
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.
Yards need care. Ask if the landlord handles gardening or if tenants must do it. You might be expected to do basics like watering plants or mowing the lawn. If you share the house, agree on a plan so the outdoor space is maintained without overburdening anyone.
Yes, a larger space usually means higher utility costs. In a 4-bedroom, you may run four or more aircon units plus more lights and devices, which adds up. More people/rooms also likely means more water usage. So expect to pay higher electricity and water bills than in a smaller unit. To manage costs, use AC and lights only when needed and choose energy-efficient appliances.