Condos usually have special move-in procedures. Expect lift bookings with protective padding and refundable deposits. Paperwork may include forms and ID copies. Schedule deliveries within approved windows and keep receipts. Planning this early avoids movers waiting downstairs while approvals are sorted last minute.
Landed properties typically have higher utility costs due to size, multiple levels, and outdoor areas. Understand how water, electricity, and gas are metered, whether outdoor lighting or water features affect costs, and if there are separate meters for different areas. Budget accordingly for potentially significant utility expenses.
Yes, condo facilities often have rules and booking systems. For example, certain amenities like the BBQ pit or function room must be reserved with management in advance. These facilities also have specific rules like fixed time limits and cleanup requirements. Meanwhile, the pool or gym generally don’t require booking, but they have set hours and basic usage guidelines.
Master rooms command premium rent due to size and ensuite access. Research comparable listings to understand market rates. Consider negotiating longer lease terms for rent stability, or ask about inclusive utility caps to manage higher consumption costs. Some landlords offer furnished master rooms - evaluate if the premium is worth the convenience.
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.
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.
Look for sun exposure, corridor traffic, and window seals. Older blocks may show wear, so check for water stains, spalling, and musty smells. Test airflow with windows open and closed to understand heat buildup and ventilation effectiveness.
Rental demand typically peaks during university intake periods (July-August and January) and expat relocation seasons (June-August and December-January). Prices may be higher during these periods. Consider timing your search during off-peak months for better deals and more negotiating power. Chinese New Year period often sees reduced activity.