Common rooms may cost up to 40% less than master rooms in the same property. The savings come from smaller size and shared bathroom access. However, factor in potential inconvenience costs like needing backup toiletries or adjusting your schedule around bathroom availability. For budget-conscious renters, the savings often justify the trade-offs.
Take advantage of amenities to justify higher rent costs. Use the gym instead of paying for external memberships, utilize the pool for exercise and relaxation, and book function rooms for gatherings. Many condos offer additional services like concierge, dry cleaning pickup, or maintenance services. Factor these conveniences into your rental value assessment.
Consider your long-term needs and budget carefully. 4-bedroom units cost significantly more in rent and utilities, but offer future flexibility as families grow. The extra space can serve as home offices, guest rooms, or hobby areas. However, if you won't use the space effectively, a 3-bedroom might be more economical. Factor in the cost per square foot and your actual space utilization.
A master bedroom (with an attached bathroom) is ideal if you value extra space and privacy. It’s great for couples or individuals who want more room and their own bathroom. You get a larger area to yourself, which is nice if you work from your room or just like having a private bathroom and more storage. If your budget allows and you prefer not to share a bathroom, a master bedroom is a good choice.
Learn the visitor registration system, understand security procedures for guests, and know the protocols for deliveries and service personnel. Some condos have strict visitor policies, time restrictions, or require advance registration. Ensure your guests understand and follow building security requirements.
You need to plan beyond just monthly rent. Budget for your security deposit, utility bills (electricity, water, gas), internet, and any regular maintenance or air-con servicing costs. Also factor in moving expenses and possible agent fees.
A common bedroom (smaller room without attached bath) is usually a fit for single renters who want a more budget-friendly option. You’ll trade privacy for affordability, so focus on good housemate fit, clear rules, and a layout that gives you a calm place to unwind.
1-bedroom units offer better entertaining space than studios with separate living areas. However, overnight guests may need to use a sofa bed in the living room. Consider the bathroom situation - ensure guests don't need to go through your bedroom to access facilities. The kitchen size may limit your ability to cook for larger groups.