Is there a market for apartments for sale or rent with no kitchen or wardrobes? Govt told to find out

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 50%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Government told to undertake market research on whether renters or buyers would be open to properties with pared back finishes.

MARKET RESEARCH SHOULD be carried out as to whether people would be open to buying or renting pared back properties without fitted kitchen and wardrobes, if it meant the price would be lower, according to a cost of construction report.

The reason cited for this, is that in some European locations reviewed it is common to sell or rent apartments with exposed concrete slabs – such as bare ceilings and no floor finish.It is also common for apartments to have no fitted wardrobes, no light fittings and sometimes minimal or no fitted kitchen.

Market research should also ask buyers and renters if they would be willing to buy or rent a property that only has one bathroom and no ensuite, and if bare ceilings with electrical services visible would be considered acceptable. Read Next Related Reads Over 1,000 homes being bought by local authorities as part of tenant in situ scheme, Varadkar says Govt plan to boost building: Cost-rental units subsidised and development levies scrapped

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Govt acting like commentators by failing to ensure energy companies pass on savings, says SFSinn Féin says Government must intervene to ensure that energy companies pass on savings to customers
Source: thejournal_ie - 🏆 32. / 50 Read more »