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WHICH ONE IS BETTER? HIGH-RISE HOMES VS LANDED HOMES | Population in Kuala Lumpur and Selangor has been increasing over the years as many youngsters from other states moving to the bustling cities to look and start their career opportunities. This shows that there is a need for them to look for a house to stay and reside and also affordability is a factor, suburbs further than city is preferred like Kota Damansara, Seksyen 17 PJ or other areas. However, these areas has got varieties of housing type like landed property and high-rise property, which is better? Let’s see the pros and cons of the both housing type.
Let’s put it in details for comparison of high-rise
house and landed house.
Advantages
High-rise homes
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Landed homes
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Facilities
Condos and upscale apartments usually has a
variety range of facilities from swimming pools, gyms, tennis courts or even
BBQ podium for hosting parties
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Larger space
They are perfect for raising a family and you
will also have the freedom to make liberal modifications to the place without
worrying size constraint. Imagine your children can roam around the size
freely.
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Lower barrier entry
If comparing high-end luxury condos with landed
properties, you might notice that pricing is around the same, depending on
facilities, location and size. There are condos that provides basic
facilities which are typically cheaper than landed homes. Besides, it makes
great entry purchase budding property investors.
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Higher resale value
Depending on the location, landed properties
typically appreciate better in long run. It would make more sense that to
hold on these properties for five years or more before selling to reap
profits.
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Receives better rental yield
One of the reasons why high-rise properties
make solid investment as tenants are easier to find for those who wants to be
nearer to city areas or near colleges.
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Quiet
Usually most of the landed houses are located
far away from the city is even tranquil and serene. A person who enjoys
peacefulness will enjoy the tranquil landed houses that is away from the
bustling city.
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Safe security
Every residents have their own access cards to
access to their homes. Besides, guests are required to register themselves to
the security guard and check against with the residence. Every floor’s
corridors and walkway have CCTVs around.
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Convertible
Owner of the landed house can apply for the
landed house to be converted into commercial property for running business
like SS2 and Jalan Maarof in Bangsar. That way you still can use the landed
house converted to commercial property and collect rental from business
owners or run your own business.
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Disadvantages
High-rise homes
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Landed homes
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Management fees
Added amenities in the said housing type comes
with a fee. You will need to set aside money for long term maintenance costs
of common area and repairs for the building (sinking fund).
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Expensive in city areas
If you want to stay near the city and with the
distance 20 to 25 minutes away from the city, be prepared to pay for higher
price as land in city area is scarce and high demand. Thus, the price soar
higher and faster. But if you are willing to settle in suburbs, there are
more affordable options.
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Space constraint
Usually smaller and modest in size than landed
homes and residents with growing family will have hard time cramping into the
limited space. But, smaller family, single or couples may be more suitable
for them.
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More upkeep and maintenance
With great space comes with great
responsibility; you will need to fork out more money for repairing,
maintenance and upkeeping your house like those water piping, ceilings or
walls crack and other kinds of damages. Plus, if you have larger gardens, you
will need to pay for your mowing and lawn
care.
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Restrictions
Living in high rise homes comes with a set of
limitations such as rules imposed by Residence Association for pet owners,
limited parking as well and noise concerns.
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Security
Unless you have trusted security guard services
and home alarms installed, landed properties in Malaysia usually have higher
chances being a target for burglaries and robberies.
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Based on the comparisons, are you still able to choose which one is more suitable for
yourself? In short, if you have a large family living under one roof, landed
houses is more suitable as you need more space and living for long-term. But,
if you are single or married couple looking to enjoy some freedom, high-rise
property would be a better choice in terms of cost and space.
6 Comments
Baguslah ada perbandingan macam ini.. Membantu mereka-mereka yang bakal membeli rumah.. Setiap rumah ada kelebihan dan kekurangan..
ReplyDeleteaida always prefer landed props.
ReplyDeletepernah tinggal di apartment. tak best :(
tapi tu la. terpulang kpd masing2 punyer citarasa.
janji ada rumah, kan. alhamdulillah...
k.fiezz & asben prefer landed...kalau beli barang2 dapur, terus masuk dlm rumah..tak yah nak naik lif bagai..lotih...haha
ReplyDeleteSejak dulu duduk di landed house la ni teringin duk rumah yang tinggi2 lak :)
ReplyDeletemmg bagus buat perbandingan mcm ni. baru lah kita nmpak kan..
ReplyDeleteaaaaaaa.. hmmmm. sebab english so tak bace dengan hadam. baca sekadar baca. hopefully membantu mereka yang perlukan info ni.
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