Vertical Housing: Pros of Living in Vertical Housing

The high price of housing in Jakarta is a chronic problem that has not improved. Based on Bank Indonesia data, the Residential Property Price Index (IHPR) for the second quarter of 2023 was recorded to have increased by 1.92% (YoY). This figure is higher than the increase in the previous quarter, which amounted to 1.79% (YoY).

One of the main contributing factors to the high price of housing in Jakarta is the increasingly limited land area. Therefore, land in Jakarta and its surroundings needs to be utilized more optimally. Optimal land utilization can be achieved by increasing vertical residential development as an alternative to landed houses.

Examples of its application can be seen in several compact cities in Asia, such as Tokyo, Hong Kong, and Singapore, which build upwards, including by prioritizing the provision of vertical housing.

Then, how interested are Jakartans in switching from landed houses to vertical housing?

According to the results of a survey conducted by JPI in 2020, the majority of Indonesian millennials spread across Jakarta and outside Jakarta (Bodetabek) want to live in vertical housing. The results of this survey show that 54% of respondents are interested in living in an apartment.

Considering the problem of urban land scarcity in Jakarta and other big cities in Indonesia, it is time for people to be more open to the concept of vertical housing. Apart from being a sustainable solution to the problem of unaffordable housing prices in the city, living in vertical housing also offers various advantages compared to landed houses.

What are the advantages of vertical housing?

Some of the advantages of vertical housing over landed houses that are worth considering include:

1. More affordable and cost-effective

In general, vertical housing is considered to have the potential to offer more affordable housing than landed houses. This is especially true in densely populated urban areas, such as Jakarta, where land prices are very high.

2. Convenience and accessibility

Vertical housing is generally located in strategic areas, making it easier for residents to access public transportation, facilities such as shopping centers and restaurants, and workplaces. This convenience automatically makes vertical housing residents save time, money, and energy, thus improving their quality of life.

3. Lower maintenance responsibility

One of the other advantages of vertical housing is that there are fewer maintenance responsibilities compared to landed houses. Property management companies are generally responsible for handling the maintenance of common areas to each resident's residential unit. This relieves vertical housing residents from various unexpected costs and tasks related to the maintenance of the residence.

4. Communal facilities and social interaction

Although it is often considered more individualistic in Indonesia, living in vertical housing can actually foster a sense of community among residents due to the presence of communal areas and facilities. For example, sports facilities, open spaces, swimming pools, etc., where residents can meet and socialize.

This communal environment can facilitate interaction that is sometimes missing when living in a landed house with a busy lifestyle.

5. Safety and Security

Most vertical residences offer security features such as 24-hour security guards and CCTV cameras that certainly make residents feel safer.

Increasing the availability of vertical housing in Jakarta can make housing prices in Jakarta more affordable. In addition, Jakarta can slowly turn into a healthy compact city for its citizens.

Therefore, it is time for residents of Jakarta and its surroundings to start looking at vertical housing as the main choice in order to achieve a healthier and more sustainable life and city.

So, are you ready to end the romanticism of landed houses and move to vertical housing?