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.
Popular facilities like BBQ pits, function rooms, and tennis courts often require advance booking and may have peak time restrictions. Weekend slots fill up quickly, especially for BBQ areas. Some facilities have time limits or cleaning deposits. Download the condo's app or check with management about booking procedures, cancellation policies, and any additional charges for facility usage.
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.
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.
Landed houses may require additional insurance considerations due to ground-level access, gardens, and potential flooding risks. Check if your landlord's insurance covers tenant belongings and liability for accidents on the property. Consider additional coverage for valuable items and personal liability, especially if you have guests using outdoor areas or pools.
Be wary of listings with prices significantly below market rate, requests for payment before viewing, or landlords who can't meet in person. Verify ownership through property records if possible. Never transfer large sums without seeing the property and meeting the actual landlord or authorized agent. Use secure payment methods and get proper receipts for all transactions.
Older HDB flats have a rubbish chute inside – make sure its lid seals well to keep out odours and pests. Newer flats use a shared chute on each floor. If your flat is near that chute, you might catch an occasional smell, but it’s usually minor if kept clean.
You can use a spare bedroom in many ways. It could be your home office or study, a guest room for visitors, or even a hobby room. Some people turn the extra room into a walk-in closet or extra storage. Essentially, it's bonus space you can adapt to your needs.
