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.
Yes, but you need to plan your space carefully. Dedicate a corner for a small desk (or a foldable wall-mounted desk)6}. Use a shelf or curtain to separate your “office” from your bed. Having that defined work zone helps you focus in a studio.
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.
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.
Landed houses have different safety profiles with multiple entry points, windows at various levels, and potential outdoor access. Ensure proper locks on your room and understand emergency evacuation routes from upper floors. Consider personal security measures and understand neighborhood safety patterns, especially if your room has ground-level access.
Master rooms cost more because they’re typically the largest room and come with an attached bathroom. You’re paying a premium for the extra space, privacy, and convenience. They may also get better wardrobes, windows, and layout. Premiums vary by location, building type, and whether utilities are included.
2-bedroom units typically cost 60-80% more than 1-bedroom units, but when shared between two people, can be more economical per person than individual studios. Factor in additional costs like higher utility bills with more space to cool and light. Consider whether the extra space and privacy justify the higher cost for your lifestyle and budget.
Master rooms typically consume more electricity due to larger space and ensuite bathroom usage. You'll likely run air-con longer, use more lighting, and the ensuite adds water heating costs. Discuss with housemates whether utility splitting accounts for room size differences or if everyone pays equally regardless of consumption.