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.
Verify the main tenant has landlord approval to sublet by asking to see the original lease agreement. For HDB rooms, check that the flat meets minimum occupancy requirements and ethnic quota rules. Ensure the person renting to you is actually authorized - meet them in person and verify their identity. Get everything in writing including house rules, deposit terms, and notice periods. Be wary of cash-only transactions or reluctance to provide documentation.
Condo management committees can make decisions about facility usage, renovation rules, and additional charges that affect tenants. While you can't vote, stay informed about upcoming decisions through your landlord. Major changes like facility closures or new rules may impact your rental experience. Good landlords will communicate these changes and their implications.
HDB 2-bedroom units offer more space and value but fewer amenities. Condo 2-bedrooms cost more but include facilities like pools and gyms. Landed 2-bedroom units (rare) provide maximum privacy and space but highest costs. Consider your priorities: budget and space (HDB), amenities and lifestyle (condo), or privacy and outdoor space (landed).
A lot of 1-bedroom units have small bedrooms. A queen-size bed usually fits, but a king-size might be a tight squeeze. With a king, you might have little room left for bedside tables or a dresser. Always check the room dimensions beforehand to ensure you can still move around comfortably.
HDB's ethnic integration policy may limit rental options based on the current ethnic composition of the block. This affects both tenants and landlords. Be prepared for potential limitations and understand that this is a government policy designed to maintain racial harmony, not discrimination by individual landlords.
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.
Pros include spacious living, private outdoor space, parking, and quiet neighborhoods. Cons include higher costs, longer commutes to city centers, more maintenance responsibilities, and potentially fewer international amenities nearby. Consider proximity to international schools, expat communities, and whether the space justifies the premium over condos with more services.