Since 2024 until today, the population of Indonesia has been dominated by young people. This has an impact on the need for housing and the emergence of favorite property trends that are typical of Gen Z.
Like the development and provision of housing, it seems that this has met the criteria of Gen Z who have entered their productive age. The existence of this trend has also led to the emergence of different preferences for housing tastes in each generation. Starting from design, location, building shape, and even facilities. So, what kind of property does Gen Z like?
Some Favorite Property Trends that Gen Z Likes
Based on observations, Gen Z likes the type of housing and property that looks minimalist and functional. They like buildings that have a high level of security and are comfortable. When it comes to location, they prefer housing that has a strategic location, such as being close to the city center and easy access to public transportation.
It turns out that this has also encouraged other generations, such as millennials and future generations. The need for building property has become one of the things that will continue to increase over time. It’s not just Gen Z who wants it. This is because of the ease of access.
Here are some interesting property trends Gen Z criteria:
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Eco-Friendly Property
The concept of sustainable housing development based on the environment, society, and governance has become the focus of favorite property trends developers in the country for the past few years.
Currently, the criteria for each generation’s preferences are the same as Gen Z’s criteria, namely minimalist and functional designs. Prioritizing housing that has functionality and efficiency without sacrificing aesthetic value is one of the right things. Its characteristic is that there is a simple spatial design model.
The interior of the storage space is also not large and sufficient. In addition, use bright colors. The selection and placement of interior decorations are also very important to express their individuality.
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Advanced Technology Facilities
Because the majority of Gen Z themselves grew up with access to sophisticated and easy technology from an early age, the trend of properties integrated with smart technology or smart homes has become a target. Not only Gen Z, but the next generation can also use this concept because everything is sophisticated.
The smart home itself is a housing concept that relies on technology to provide convenience and comfort access for its residents. Through smartphones to other electronic devices, this is certainly more efficient in the house. For example, such as smart door locks, CCTV, and others.
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Strategic Residential Locations to Easy Access
Every generation wants a property trend with a strategic residential location, as well as easy access to public facilities. Likewise, Gen Z who do likes to settle in locations with the criteria of housing close to shopping centers, public transportation, hospitals, and others.
The purpose of the proximity of the residential location to these facilities is certainly a priority for everyone. What’s more, if you already work. They will choose a residence that is close to their place of work.
Investment Benefits
Not only those explained above, there are still several advantages to investing in the form of boarding houses that anyone can get. The advantages include the following.
Land and Building Prices Continue to Increase
Property investment is currently still the most popular type of investment in Indonesia. Especially in big cities. The reason is because property prices tend to increase every year.
Not only that, the area of land available in the area is also increasingly limited. Meanwhile, the need for residential property assets is increasing. For that, if investors have started investing, then there is no need to worry about losses.
High-Profit Opportunities
The advantages of boarding house investments can also provide fairly high-profit opportunities. Especially if the boarding house is in a strategic and easily accessible environment.
If investors set a fairly high price, likely, interest will always come from time to time. However, in this case, you must always pay attention to the facilities and services of the residence.
Property investments like this are always sought after. Many people want to buy it. This certainly encourages the value of the property which will continue to increase. By having it, investors will feel the benefits in a short time. The property offers more promising benefits than other investments. Just buy, maintain, and then wait for consumers to come.
Tips for Preparing for the Property Market
Reporting from the YouTube channel Personal Finance with Ravi Sharma, tips for preparing for it is to increase cash interest rates. This aims to when we finally come to know how to manage inflation and how much money is in the system.
In this popular favorite property trend, especially if the reach for public transportation is relatively close, it will be an important consideration in choosing a residence. Anyone can benefit. This trend is the best recommendation for those of you who are looking for your dream property. Don’t miss this opportunity. /Amel
