Sales pattern of low to medium cost walk-upapartment units in Taman Sutera, KajangWHICH FLOORS ARE EASIER TO SELL?
Under current Government policy there exist strict space standards forlow-cost and low/medium cost housing and minimum requirements forthe quality of finishes, services, infrastructure and amenities that arealready in place
. However, housing in the modern context is morethan just roof and walls for shelter, or the provision of basic services likewater and electricity. It is also a major lifetime investment.We believe that the major factors that determine whether a low-costhouse appreciates or depreciates in value have been overlooked bypolicy makers, architects and town-planners. These factors, any valuewill say, are
location, location, location
. Thus floor levels must certainlycount as one of the most important location factors, especially for walk-up flats without lifts.It is common practice for developers of apartment buildings to price theapartments according to how valuable the units are perceived to be.The factors that contribute towards the perception of value and,therefore pricing, would presumably be relative in size, quality offinishes and so on. But the most important must be location
the floorlevel, the direction of view, the relationship with neighbouring units,ease of access, etc.This common practice is abandoned when it comes to low-cost housing.The government has fixed the ceiling price and this has become the de-facto single price.