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 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.
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.
Equal split is common, but consider room size differences and individual usage patterns. Master bedroom tenants might pay slightly more due to ensuite usage and larger space. Track air-con usage if one person uses it significantly more. Some roommates prefer separate electricity meters or smart plugs to monitor individual consumption for fairer billing.
Yes. Check that there’s an aircon in each bedroom and the living room. Make sure they all work. Also note the number of power outlets in each room. Some older flats have few sockets, so ensure there’s one where you plan to put your TV or computer. If not, you’ll need extension cords. Knowing this upfront helps you plan.
Check the agreement for notice and replacement terms. Align on advertising, viewings, and how utilities are split during the gap. Keep shared costs transparent so no one subsidizes unfairly. Get approvals in writing before a new person joins.
Furnished units have basic furniture and appliances provided, so moving in is easy but inspect condition and note what’s included. Unfurnished units come empty, meaning you must furnish the place yourself. It’s more work upfront, but you get to decorate it your way. Consider delivery logistics, lift bookings, storage needs, and whether you’ll keep or sell items at lease end.
Usually, but not always. Some ‘master’ rooms share a bathroom. Confirm if it’s attached, exclusive, and ventilated, and check water pressure, heater type, and any morning queue issues.