About gated community.....
a residential community with secured, gated and guarded surroundings.This type of community are become popular in Malaysia. Initially, this developmental concept was limited to luxurious condominiums and apartment but now it has been developed further to other types of landed property.
GATED COMMUNITY （GC）
GC is defined as a group of residents or community who live in a guarded fenced area whether in high-rise property such as apartment, condominium and town-house or in landed property such as bungalow, terrace or detached houses. However, the understanding of ‘gated community’ in Malaysia is more focused on groups of residents or community who live in landed property with strata title. The development of GC is consistent with the provisions of section 6 (1A) of the Strata Titles Act 1985 (Act 318).
It is correct to say that gated community is a excellent idea for residential in terms of safety and privacy. However, do the buyer really favorite about this kind of development?
ReplyDeleteFrom my point of view, our nation is not prepared to have this kind development in our country, although there are lots of developer had launched this kind of development. This is because the maintenance fees for this gated community is high and non-affordable in current economic status.
Developers are favorite to this kind of facilities because they can marked up the property value.