10 Reasons why city living is awesome

Posted On Tuesday, 19 November 2019 10:12 Published by
Rate this item
(0 votes)

The inner city has become an increasingly popular residential choice among various groups, including young families, creative professionals, and entrepreneurs.

Ithemba_Property_Development

Let’s take a look at the top trends behind the resurgence of inner city living:

  1. It’s all about community

One of the top trends in urban rejuvenation at present is the creation of co-living spaces, with combinations of residential, retail and recreational spaces. This means you can live, work and play in the same neighbourhood.

  1. Affordability

Many do not realise that a brand-new apartment in the inner city could actually be a more affordable option than renting far away and paying for transport. Also, newly developed buildings in the city often incorporate the latest technologies to help residents save hundreds of Rands per month on water and electricity.

  1. Safety

Reputable property and building managers employ state-of-the-art security measures and regular maintenance crews to ensure that their properties are clean and safe, putting an end to the old stereotype of derelict slums.

  1. Access to everything

A city residence is generally centrally located in close proximity to major attractions, transport routes, schools, and shopping outlets, making it easy to manage your lifestyle needs and access everything you need without having to travel far.

  1. Less commuting time

For many, moving to the city means cutting their commute right down or even eliminating it completely, giving you more time back to spend where it matters.

  1. Additional value

In addition to reasonable rentals, investors in inner city residential properties have recognised the demand for always-on connectivity. Many offer extras like affordable high-speed internet, backup supply solutions to safeguard against load shedding, as well as loyalty and referral schemes in place that incentivise long-term rentals and on-time payment.

  1. Quality: Brand new apartment buildings

Urban renovations and developments have become a popular investment vehicle for property entrepreneurs, who are bringing back those long-absent cranes and developing brand new apartment blocks with modern finishes and appliances.

  1. Entertainment

As mentioned earlier, many new developments in the city today include a number of recreational facilities, such as parks, children’s playgrounds, gyms, and retail outlets. And where such facilities might not necessarily be located on the property, there is an array of options nearby.

  1. The city aesthetic

There’s a reason why people have always been attracted to the bright city lights. There is an infectious energy about that never-ending bustle, that tends to uplift and inspire – it’s no wonder that many of the people who choose to make the inner city their home happen to be creative types.

  1. Compact and convenient living spaces

One of the biggest trends to take the world by storm in recent years has been the “compact home” movement, inspired by the general increase in environmental awareness and a desire to combine conscious living and convenience. A compact home in the heart of the city is easy to clean and maintain, and lets you lock up and go as it suits you.

Last modified on Wednesday, 20 November 2019 10:28

Most Popular

10 SA REITs are among South Africa’s top listed companies

Nov 15, 2019
Estienne de Klerk SA REIT Chairman
South African REITs (real estate investment trusts) have once again excelled among the…

African Union for Housing Finance (AUHF) Cape Town declaration provides 5 point plan for african governments to address housing finance shortage

Nov 14, 2019
African Union of Housing Finance
Following the successful completion of their 35th Annual Conference, the members of the…

SA REIT publishes the second edition of its best practice recommendations for financial reporting

Nov 13, 2019
Bram Goossens
The SA REIT (Real Estate Investment Trust) sector has published the Second Edition of its…

Indluplace Properties boosts team to drive letting in 2020

Nov 13, 2019
Carel de_ Wit CEO Indluplace
Indluplace Properties, the first residential-focused REIT to list on the JSE, has…

Three frail care centres and a mix of residential and commercial properties on BidX1’s 4 December online property auction

Nov 14, 2019
Fontainebleau Welgelegen
Three frail care centres and a mix of residential and commercial properties on BidX1’s 4…

Please publish modules in offcanvas position.