One of the most important things for anyone wherever in the world they are located is to find somewhere suitable to live. It should provide enough space to be able to relax and have safe and up to date facilities while offering good levels of hygiene. While that is easier said than done when owning a home, it is not always easy to pull off if looking to rent.
Anyone in Singapore has the peace of mind that there might be the opportunity of a HDB flat for rent, which must reach certain standards as they are properties that are under the jurisdiction of the government's Housing & Development Board, which provides quality and affordable public housing for local citizens. This article looks at the common errors made by those renting a flat.
It is crucially important that those who rent read their terms and conditions thoroughly and refer to them if in doubt. They might include sections about keeping pets which if transgressed could lead to eviction and a loss of a deposit, as well as gaining a poor reputation if applying elsewhere for other flats, or between landlords. There may be things that have not been considered before signing an agreement such as additional service charges, which can cause a nasty surprise when added to the rental fee. Likewise, things such as allowing friends to stay over may not be permitted depending on certain clauses. If in doubt, it is always wise to check it out.
Those who fail to plan properly for the financial burdens that renting a flat can place on them can end up in a difficult situation, especially if they fall behind on their payments. Everyone wants somewhere nice to live, but it should be affordable while considering other expenditures such as bills. Being without spare cash after the rent is paid can lead to poor quality of life and not getting full enjoyment from living conditions through resentment that builds. Not budgeting properly is a common and unnecessary error, especially when it is possible to use an online rent calculator.
Another avoidable mistake is caused by not checking out a location in person and instead taking the easiest option available. This can lead to ending up in an undesirable location where there are few amenities, and it takes a long time to get to work and back. A couple of visits are recommended in advance of agreeing to anywhere, so that it can be seen at night as well as day, as the two times are often very different in terms of noise from surrounding households and out on the street. It's wise to ascertain if eligibility is met to apply for a HDB property if that option is available, while also checking out the neighbourhood to ensure that it feels safe and secure.
Those who make the mistake of not checking the location of a flat, its affordability, and full terms and conditions can find themselves somewhere that they don't want to live in.