A new condo, being relatively recent, often offers superior communal facilities. Modern developments, in particular, tend to provide a wider range of well-crafted amenities, including infinity pools, co-working spaces, and sky gardens. These additions, such as those found at new condos, enhance the overall living experience for residents.

Tenants and investors can take several steps to navigate the evolving rental market amidst the COVID-19 pandemic and new condo completions. For tenants, it is important to carefully consider their budget and prioritize needs over wants. With the decrease in rental prices and more options available, tenants may be able to find more affordable housing options or negotiate better rental rates with landlords. It is also crucial for tenants to communicate with their landlords and discuss any financial difficulties they may be facing. This can help landlords be more understanding and potentially offer flexible payment options.

Impact of COVID-19 on Tenant …