Apartment

In the property market, apartments represent a significant segment, especially in densely populated urban centres. They are designed to cater to a wide range of residents, from singles and couples to small families, offering various sizes and layouts, such as studio, one-bedroom, and multi-bedroom units. Apartments are typically owned by a single entity and rented out to tenants.

The appeal of apartments lies in their ability to provide affordable and practical living spaces with less maintenance required by the resident, as exterior and common area upkeep is usually managed by the building's owner or management company. Additionally, many apartment buildings may offer amenities like fitness centres, co-working areas, pools, and security features, adding value and convenience to urban living.

Apartments also play a crucial role in addressing housing needs in growing cities, offering a scalable solution to accommodate population density without the extensive land use required for individual houses. Their design and location are strategically planned to maximise access to public transport, employment opportunities, and urban amenities, making them an integral part of the residential landscape.