The Technological Initiatives Attracting Apartment Buyers


More than ever before, buyers are looking for innovative features to make their homes more efficient and convenient. Developers who include these technological initiatives are able to attract buyers more easily and secure their reputation as an industry leader.

Many of these initiatives also help achieve a more harmonious and cost-effective Owners Corporation through improved communication, security and efficiency, thus securing the long-term satisfaction of residents.
1. Smart Home automation

Something we can expect to see even more of in the future is the promotion of Smart Home (or in this case, Smart Building) automation as a selling point.

Smart Home automation includes the ability to control climate, lighting and audio-visual devices from around your house and even remotely via smart phone apps.

Smart Home automation isn’t just about convenience though. It can also promote reduced energy consumption by setting heating and cooling to only work when it’s needed and turning off all lights or appliances when no one is home.

In a strata building, this can include the common areas, helping to keep bills down and saving prospective buyers on their OC levies.

Access control systems

Smart Access systems are a logical inclusion for developers looking to create secure buildings that prospective buyers can feel safe in.

Traditional access systems can be a great cause of stress in larger buildings. Security breaches due to lost fobs or keys are a real concern for some Owners Corporations, particularly in buildings with high tenant turn over or short stay accommodation. Not to mention the cost and inconvenience to the Owners Corporation of reprogramming fobs or re-cutting keys. Read More…

Comments

Post a Comment

Popular posts from this blog

The Knight Welcomes New OC Operations Manager Carla Pizzorno

Image
We are thrilled to announce a significant milestone for The Knight as we welcome Carla Pizzorno to our team as the newly appointed Owners Corporation Operations Manager . This strategic addition brings a wealth of experience and expertise, to propel our organisation towards new heights of efficiency and excellence. Carla comes to us with a proven track record in both the legal and strata worlds, making her an ideal fit to lead our OC Operations team . Carla’s passion is people, and in her new role will bolster and invigorate our existing culture of continuous improvement. “My passion is understanding people whilst inspiring and supporting them to be the best they can be. I love that I have the opportunity to do this in the ever growing and developing OC industry with long standing clients and OC managers that are required to have skills across a variety of fields.” This exciting new role will guide our team in adapting to the ever-evolving industry landscape and cement The Knigh...
Read more

The Future of the Development Industry – Sustainability, Community & Profit

Image
At The Knight we strive to be thought leaders within the Owners Corporation industry, constantly sharing and expanding upon our knowledge base. As part of this, we are constantly looking to the thought leaders around us for inspiration and guidance and December 3rd was an afternoon filled with such inspiration. Firstly, we attended the UDIA End of Year celebration in the Jinding Developments office in the Rialto Tower focused on the themes of Sustainability and Energy Efficiency. Projects which achieved an EnviroDevelopment verification were recognised and the increased push towards sustainability within the industry was observed. We then rounded out the evening by attending a free talk at the newly unveiled MPavillion, hosted by Small Giants Developments. The panel discussed how developers can reimagine the development industry and be facilitators to thriving communities. UDIA End of Year Celebration – Sustainability & Energy Efficiency In partnership ...
Read more

What is an Owners Corporation?

Image
Strata titled properties in Australia have assets (property, services) that no single private lot owner has individual responsibility and/or authority for. Examples include corridors, communal lighting, and a shared roof and so on. Within Victoria, Owners Corporations are legal entities created by the registration of Plans of Subdivision. The Plan of Subdivision will show which portions of the property are private and which are common. Why do Owners Corporations exist? Owners Corporations enable multiple people to own privately sub-titled property on the same piece of land, which also includes ownership of the land beneath ground level (e.g. a basement car park) and of the airspace above (e.g. when you own an apartment on the third flood, you really own the airspace at that height that is surrounded by walls, a floor and a ceiling). The Owners Corporation provides a legal structure for shared ownership of the common property and services that exists alongside ...
Read more