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.
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.
Ventilation is key. Always use the range hood when cooking and open windows if you can. In a studio, smells travel fast, so clean up right after cooking. You can also light a scented candle or simmer lemon water to help clear the air.
Not typically. You’ll rely on public gyms, community clubs, and neighbourhood pools. Many tenants prefer HDBs for value and convenience to everyday shops and transport.
Condos have security and access controls. You’ll get a resident card or fob for gates and lifts. Visitors usually need to sign in at the guardhouse, and you might have to approve them. Know your condo’s guest procedure so friends can visit smoothly.
North-facing units stay cooler but may have less natural light, while west-facing units get hot afternoon sun but brighter interiors. East-facing units get morning sun, and south-facing units receive consistent light throughout the day. Consider your lifestyle, air-con usage, and preference for natural light versus heat management.
While landlords pay maintenance fees directly, these costs often influence rental prices. Understand what facilities and services these fees cover, as higher fees might mean better maintenance and amenities. Ask about any special assessments or major repair works that might affect the building during your tenancy.
Yes, tenants can usually use condo facilities like the pool, gym, function rooms, or BBQ pits. Ensure the landlord gives you a resident access card. Some amenities require advance booking or small fees (e.g., BBQ pits or tennis courts), so check the condo’s booking procedures and rules.