High-rises – their sundry sizes, shapes and shades filling our city skylines are a statement of how strata living has become a major part of city living. In developed countries, city makers pay great attention to how strata communities can be aligned to the city planning to benefit its inhabitants and the city development as a whole.
On the home front, we are beginning to see developers with international experience expending their expertise to achieve world-class benchmarks for high-rise living.
Malaysians are also increasingly well travelled and exposed to global standards, trends and forward-looking concepts.
To gain a greater understanding of this and what Malaysians wish to experience in strata living, EdgeProp has partnered with Lendlease, an international real estate group, to conduct a survey, which has unravelled new and unexpected insights.
Believe it or not, among the 18 attributes listed for ranking, a lower percentage of respondents value building aesthetics, compared to other attributes like maintainability, safety and walkability.
Another surprising discovery is the willingness of the older generations in embracing technology.
Homeowners and investors are also starting to recognise the importance of well-managed properties and holistic solutions that support property value growth. In fact, over 80% say they are willing to pay more for efficient and reliable property management.
Source: EdgeProp, 19 August 2022
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