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.
Research comparable listings to understand market rates before negotiating. Be prepared to make quick decisions as good properties move fast. Consider offering longer lease terms for rent discounts, or ask for inclusions like utilities or internet. Present yourself as a reliable tenant with references and proof of income. Avoid lowball offers that might offend landlords.
Small spaces can impact mental health through feelings of claustrophobia, lack of privacy, and difficulty separating work and personal life. Ensure adequate ventilation to prevent stuffiness and mold. Prioritize natural light and consider full-spectrum lighting for mood regulation. Make time for outdoor activities and social interaction to counteract potential isolation from compact living.
Renting a whole unit suits those who value privacy and space. It’s ideal for families, couples, or a group of friends who want the whole place to themselves. You can use and arrange the home as you wish, but you also shoulder full responsibility for rent, bills, and maintenance.
Run the shower and taps to test water pressure and hot water – make sure it heats up and flows well. Flush the toilet to ensure it works properly. Look around for any signs of leaks or mold (check under the sink and around the edges of the shower). See if there’s a ventilation fan or window, because you’ll want moisture to escape to prevent mildew.
2-bedrooms can work for families with one or two young children, offering more space than a 1-bedroom while remaining affordable. Consider safety features, proximity to schools and parks, whether the layout allows parents to supervise children, and if there's adequate storage for family belongings and toys.
Condo deliveries are usually held by security when you’re out. Couriers drop packages at the guardhouse or concierge instead of outside your door. You’ll be notified when something arrives so you can collect it. This keeps parcels secure, but you will need to pick them up from the guard post.
For two roommates, equal-sized bedrooms (and ideally two bathrooms) are preferable. For a small family, a larger master and a smaller second bedroom (for a child or study) works fine. So it depends: roommates usually want a balanced layout, while families can manage with one bigger and one smaller room.