Today, the
number of young people who are sensitive to the importance of owning a house or
property is very small, the allocation of income is mostly used in lifestyle
and traveling, therefore they choose to rent a house, as well as those who
still live with their parents.
Reporting
from detikcom, Chief Marketing Office Elevee Condominium Alvin
Andronicus stated that people who are 27 years old and above should start
learning to invest their income to property. Moreover,
there are many banks that offer conveniences such as mortgages that will
actually be very helpful for millennials and gen Z.
So then,
what kind of houses are still in demand by the younger generation now?
Well, based
on trends generally seen in recent years, here are some types of properties
that might still be in demand in 2023:
1. Houses with Open
Spaces
Properties
that have open spaces such as gardens, backyards, or terraces are likely to
remain in demand. The COVID-19 pandemic has increased the need for personal
space and outdoor space for recreation and entertainment. Open space is
indispensable in the house as it helps air circulation, at least for the
younger generation who are married and have children, open space will play an
important role in the child's growth and development.
2. Multigenerational
Homes
Homes that
have designs that allow multiple generations of a family to live together are
increasingly in demand. This can include apartments with separate units or
homes with additional space that can be converted into living quarters for
additional family members. For millennials who still live with their parents,
owning their own home may not be a priority, but they may expect it to be
passed down to them in the future.
3. Technology- Based
Properties
Properties
equipped with smart technology such as smart security systems, smart
temperature control, and home management systems are likely to remain popular
amidst technological developments. Nowadays, controlling energy usage is a
concern for millennials, so a home with tech features will reduce a lot of
chores, for example, a home with automatic lights that will turn on when it's
dark and turn off when morning comes, or smart home features with just a tap of
the hand, some furniture will be activated.
4. Sustainable
and Eco-friendly Properties
Awareness
of environmental issues is increasing, and many people are looking for
eco-friendly properties with designs that focus on energy efficiency and the
use of sustainable materials. For example, by using recycled materials, such as
the bottle house design like the bottle house by Ridwan Kamil. Rustic house
designs are also very popular today because they involve recycled materials
such as tree trunks, exposed bricks, and so on.
5. Small
Apartments in Strategic Locations
In
densely populated urban areas, apartments that are small in size but
strategically located close to public facilities such as transportation,
shopping malls, and workplaces are still in demand by those who prioritize a
practical lifestyle. For millennials who have a hectic workday, which makes
home a place to just rest, apartments are a good solution, plus the city areas
that are densely packed with offices will be difficult to find landed houses
because the amount of land is getting smaller.
6. Rural
or Out of Town Properties
The
pandemic has prompted some people to look for properties outside the city or in
rural areas, as they can work remotely and want a quieter and more natural
environment. Nowadays there are many jobs that can be done remotely or do not
have to come to the office, so the younger generation can work without having
to traffic and spend time on the road. Houses in areas far from big cities are
indeed cheaper, the area is also still beautiful, but it would be nice if you
choose this property to look for one that is also close to public
transportation such as KRL, MRT, and so on.
7. Investable
Property
Properties
that have good rental potential or the prospect of increasing property value
are still attractive to investors. This can include apartments in urban areas
or houses with future development potential. Property investment is the next
step for the younger generation who already understand the importance of owning
property, this can encourage passive income for millennials, for example rental
fees from the property they own.
Property
trends can vary greatly based on geographic location, economic conditions, and
ongoing global events. These trends will always be dynamic and have the latest
news updates all the time. For the younger generation, start to learn and have
the dream of your own home, you can consult with property consultants or
property brokers, for example Ray White Menteng property agents. Ray White
Menteng will be ready to provide the best service for those of you who want to
own property, both in Menteng and in other areas.
“Ray White
Menteng, Your Best Property Agency Since 1998”
source :
Canva, detikcom
Share
