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.
Discuss overnight stays, notice needed, and how often guests visit. Align on using shared spaces when visitors are around, noise after hours, and shared bathroom etiquette. Written guidelines avoid misunderstandings and help everyone host without tension.
Furnished units have basic furniture and appliances provided, so moving in is easy but inspect condition and note what’s included. Unfurnished units come empty, meaning you must furnish the place yourself. It’s more work upfront, but you get to decorate it your way. Consider delivery logistics, lift bookings, storage needs, and whether you’ll keep or sell items at lease end.
Establish clear common area rules and assign personal storage spaces in each bedroom. Use the third bedroom strategically - as a study, guest room, or helper's quarters. Create a household schedule for shared spaces like bathrooms and kitchen. Consider installing additional hooks and organizers in common areas to prevent clutter.
Factor in daily transport costs to work, not just rent. A cheaper rental far from MRT might cost more overall with daily taxi/grab rides. Consider monthly transport passes, peak hour surcharges, and travel time value. Properties near MRT stations command higher rent but offer convenience and cost savings. Calculate your total monthly housing + transport budget realistically.
Short-term rentals (6 months or less) offer flexibility for uncertain situations but typically cost 10-20% more per month and provide less stability. Long-term leases (1-2 years) usually offer better rates, priority during renewals, and stable housing, but limit your ability to relocate quickly. Consider your career stability, relationship status, and life plans. Many landlords prefer long-term tenants and may offer incentives like rent freezes or minor upgrades.
Landed homes lack the security of condos, so you need to be mindful. Always lock doors, windows, and the gate. If you’re on the ground floor, ensure your window has a grille or strong lock. Some houses have alarms or cameras, but day-to-day safety relies on you being vigilant.
If you rent a common room, you’ll likely share a bathroom with one or more housemates. Agree on morning and evening peak times, cleaning duties, and storage space for toiletries. A shower caddy and labeled shelves reduce friction. Expect to compromise a little on timing and cleanliness habits, but overall, as long as everyone is considerate (cleaning hair from the drain, not hogging the bathroom for an hour), sharing a bathroom is manageable.