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.
HDB flats open onto a common corridor. If your unit is along a corridor with neighbors walking by, you might need to keep your gates or curtains closed at times for privacy. Corner or end units offer a bit more seclusion since fewer people pass your door. When viewing a flat, notice the corridor layout – if the windows or door face a busy walkway, plan on using curtains/blinds for privacy. It’s a different feel from a private condo, but most residents get used to it.
Void decks host community events, celebrations, and sometimes funeral wakes that can create noise and activity. Lower floor rooms may be more affected by these activities. While these are part of HDB community life, understand the typical schedule and duration of events, and plan accordingly for noise-sensitive activities like sleep or work calls.
HDB has ethnic integration policies that may affect room rentals. Some HDB flat owners can only rent to tenants of certain ethnic groups to maintain racial balance in the block. This is a government policy, not discrimination. Ask landlords upfront about any restrictions and understand it's about maintaining community diversity, not personal preference.
More space means more maintenance responsibilities. Budget extra time and money for cleaning, air-con servicing for multiple units, and potential repairs across more rooms. Consider hiring help for regular cleaning or establish clear maintenance schedules if sharing. More space also means higher wear and tear on common areas.
Older HDB flats are usually more spacious but come with age. They might have older fittings and be a bit more worn, and some can get warm if they lack modern ventilation or insulation. Newer flats have updated interiors and designs, but they often trade off some space – rooms and living areas might be smaller. Think about whether you prefer the extra room of an older flat (and don’t mind a bit of old-school charm) or the fresh finish of a newer, albeit cozier, flat.
Aside from rent, you cover all ongoing costs. Budget for utilities (electricity, water, gas if any) and internet each month. If the unit has air-con, plan for regular servicing. You’re also responsible for minor maintenance like replacing light bulbs or filters. Basically, all household bills and upkeep fall to you.
Most 4-bedroom units have one master bedroom with ensuite, and three smaller bedrooms sharing 1-2 additional bathrooms. Some premium units offer two master suites. Common areas typically include larger living/dining spaces and bigger kitchens to accommodate family needs. Check if bedrooms are clustered together or spread throughout the unit for privacy considerations.