You need to plan beyond just monthly rent. Budget for your security deposit, utility bills (electricity, water, gas), internet, and any regular maintenance or air-con servicing costs. Also factor in moving expenses and possible agent fees.
Lower floors offer easier access during elevator outages and lower utility costs, but may have noise from foot traffic, security concerns, and limited views. Higher floors provide better views, less noise, and more privacy, but depend on elevators and may have higher cooling costs. Mid-level floors (3rd-8th) often balance these factors well. Consider your mobility needs, noise tolerance, and whether views matter to your daily comfort.
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.
HDB flats are government-built public housing with practical layouts and affordable rent, but fewer amenities. Condominiums are private developments with facilities like pools and gyms, but higher rent and management fees. Landed houses offer the most space and privacy with gardens, but are the most expensive and may be further from public transport. Each serves different lifestyle needs and budgets.
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.
Save the signed agreement, inventory, payment receipts, and all maintenance chats. Store dated photos of existing defects and meter readings. Keeping a single folder prevents disputes and speeds up deposit discussions at the end.
Know your landlord's emergency contact and preferred repair service providers. For urgent issues like water leaks or electrical problems, act quickly to prevent damage and notify your landlord immediately. Keep receipts for emergency repairs - some landlords reimburse reasonable emergency costs. Understand what constitutes an emergency versus routine maintenance that can wait.
Landlords typically have property insurance, but this doesn't cover your personal belongings. Consider renter's insurance for your possessions and personal liability. Some policies cover temporary accommodation if the unit becomes uninhabitable. Check if your landlord requires you to have insurance and understand what's covered under their policy versus what you need to protect yourself.
Modern units may include smart locks, video intercoms, app-controlled air-conditioning, or smart lighting. Understand how these systems work and whether you'll have admin access. Check if these features increase your rent or utility costs, and ensure you're comfortable using the technology.
Make sure all friends are named on the lease so everyone is equally responsible. Agree clearly on how to split rent and bills, and set basic house rules early on to avoid misunderstandings. Also decide what happens if someone moves out before the lease ends, since you’re all responsible together.