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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Kaohsiung, Pingtung Apartment Buildings Leverage Low Public Facility Ratios with Decorated Units and Renovation Packages

From Liberty Times · (10m ago) Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

TLDR

  • New apartment buildings in Kaohsiung and Pingtung are offering lower public facility ratios to attract buyers.
  • Developers are showcasing decorated model units and offering renovation packages to highlight spacious interiors and attractive views.
  • These strategies aim to appeal to self-occupiers by reducing the need for additional renovation budgets.

In the face of increasingly stringent building regulations and rising safety standards, the real estate market in Kaohsiung and Pingtung is seeing a trend towards apartment buildings with significantly lower public facility ratios, typically ranging from 24% to 30%. This strategic move by developers aims to counter the common 35% public facility ratio in newer constructions, thereby offering buyers more usable indoor space.

Apartment buildings have much lower public facility ratios than high-rises, but most lack management offices and recreational facilities.

โ€” Liang JingqingDongni Construction Deputy General Manager Liang Jingqing explaining the advantages and considerations of apartment buildings.

Developers like Dongni Construction with its "Zongtu Dalian" project in Pingtung, and Chenjun Construction with "Chenjun Meishan" near the Fengshan Reservoir, are not only emphasizing the reduced public space but also actively marketing the benefits of these lower ratios. They are presenting fully furnished model units and offering various renovation packages, from basic to light renovations, to make the homes move-in ready. This approach directly addresses the financial burden of renovation costs that often falls on young buyers.

Considering the needs of residents in the e-commerce era for package delivery and security management, we have specially set up a management office at the community's vehicle entrance.

โ€” Liang JingqingDongni Construction Deputy General Manager Liang Jingqing on the community management features of the 'Zongtu Dalian' project.

Dongni Construction's Deputy General Manager Liang Jingqing highlighted that while apartment buildings generally have lower public facility ratios than high-rises, they often lack management offices and recreational facilities. To address this, "Zongtu Dalian" includes a management office at the entrance to control access and manage package deliveries, catering to the needs of modern residents. The company offers renovation packages priced between NT$10,000 to NT$40,000 per ping, allowing buyers to choose based on their budget and preferences.

Considering that young people still need to prepare renovation budgets of at least hundreds of thousands of dollars after purchasing a home, we offer simple and deluxe renovation plans for different customer needs, with renovation costs ranging from NT$10,000 to NT$40,000 per ping.

โ€” Liang JingqingDongni Construction Deputy General Manager Liang Jingqing on the flexible renovation options available for buyers.

Similarly, Chenjun Construction's "Chenjun Meishan" project capitalizes on its proximity to the Fengshan Reservoir's green spaces. By orienting the building towards the reservoir and showcasing decorated units with views of the greenery, they aim to attract buyers seeking a tranquil living environment. The project offers units ranging from 37 to 50 ping, with a low density of only 16 units. Chenjun Construction's General Manager Tu Liya emphasized the rare value of these scenic views and the high cost-performance ratio, with prices in the low NT$200,000s per ping, appealing to professionals and affluent individuals.

Using the ample indoor space of the low public facility ratio of apartment buildings, we adopt different decoration styles for model units, introducing treetop green views through the windows to highlight the rare value of the scenery, and the high CP value selling price in the low 200,000s per ping further attracts the attention of doctors, engineers, and urban elites.

โ€” Tu LiyaChenjun Construction General Manager Tu Liya describing the marketing strategy for the 'Chenjun Meishan' project.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.