Buyers tend to have this debate on choosing which is worth it, a high rise or landed property. It actually all depends on what you’re most comfortable with. Each type of property has its pros and cons.
If you’re a growing family and looking for something where generations can live in, or you probably prefer a privacy and comfort of your own, then landed property is your go to. However there are those minor details each property type “offers” that might just keep you on your toes.
Unless your residential area is gated and heavily secured, then there’s a chance of burglary or theft. Most landed properties aren't gated nor guarded. This will eventually lead to additional costs by adding security systems to ensure the safety of your home.
It can also be quite challenging to find a landed property near the city that will be within your budget. It usually takes a 10 to 30 minute drive to be able to find a home within your budget range. In the end it’ll all go down to how much you’re willing to settle for.
However, when owning landed property, if you plan to resell in the future, it will benefit with a good resale value.
One basic rule you’ll need to know before purchasing a high-rise property is that all pets are prohibited in the property to avoid noise issues unless allowed by management under certain circumstances. Among other issues that you will need to be prepared for is the limited parking spaces provided by the management. If you’re lucky enough, you might get a residential apartment that provides two lots per unit.
If living in a high-rise property is your go to, do keep in mind that each high-rise property provides different types of comfortability and privacy. Some are low density, while others are high density.
Low density means there are less units and less residents. High density means more units, more residents.
Each property type offers a comfort of its own, whether landed or high-rise. For first home buyers, you can now find homes that are just under RM300,000 for your future home or even for your investment plan.
You can read more about properties at ‘A New Home, 15 Mins From Kota Kinabalu City, for Just RM255,443!’