If you’re in the market for a new home, you’ll find that your options can be divided mostly into two kinds: landed properties and high-rise properties. Settling on one is a tough decision given that they both have their own advantages and disadvantages. If you’re at a loss over which one you should pick, this article can help you out. Check out the guide below to learn about the key differences between landed and high-rise properties.
- Landed properties are perfect for people who need and/or love large spaces. Their bigger compared to condos and apartments which allows for more liberal alterations without worrying about size constraints. If looking for a home to raise a family, landed properties like the Nim collection new landed property is a great choice.
- High-properties tend to vary in size. Some can house a family while others are designed for individual tenants.
- Landed properties are not without their amenities. There are landed properties with its own gyms, swimming pools, and more. And the great thing about them is that they’re for their owner’s private use.
- High-properties feature a wide range of communal amenities. Most have gyms, swimming pools, tennis or basketball courts, and gardens. Some even house restaurants and shops in their lobbies.
- Landed properties are often located in out-of-the-way places given their size—though there are some (like the Nim collection new landed property) that are located at strategic points.
- High-properties are usually located in the middle of the metro. Most are standalone buildings while others are directly connected to shopping malls and other activity centers. Condominiums, upscale apartments, and townhouses that fall under the latter are perfect for people who lead busy lives.
- Landed properties are bit expensive compared to their high-rise commercial counterparts—which is not a surprise given their coverage and inclusions. They do have a higher resale value though. If you’re looking for a worthwhile real estate investment, check out the Nim collection landed property for sale.
- High-properties are slightly cheaper compared to their landed counterparts—though this may vary depending on their size, location, amenities, branding, and so on. They also tend to have better rental yield. Tenants are easier to find especially if the condo is located in the heart of the city.
- Landed properties are more liberal and forward when it comes to their design and architecture. Take the Nim collection landed property series for example. Their stylishly functional and nature-embracing aesthetics challenged the boundaries of modern living in the best ways possible. Also, since owners possess both the house and the land that surrounds it, they can modify their property whenever and however they want to.
- High-properties, particularly those under a common commercial title or brand, tend to have a generic and utilitarian design. Owners can also only make minimal design and layout alterations due to the strict rules and restrictions implemented in high-rise homes.
- Landed properties are a bit expensive to maintain. As the owner, it’ll be your responsibility to maintain everything your property covers. And this may not be the only upkeep fee you need to pay. Since most are located in arrangements, not unlike those of a subdivision’s, owners may also have to pay extra to access and maintain their communal amenities.
- High-properties can be a bit expensive to maintain. Not only will owners have to pay fees to access the place’s amenities, but they also have to think about the long-term upkeep of their own space.