LOFT LIVING CULTURE

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Property Bubble: Buy for Value.

September 09, 2010

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Diffuse the property bubble before it is too late

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Loft culture is finding its place in Malaysia as the preferred habitat of Gen-Y creative workforce. So, what exactly is a 'loft'... From Wikipedia, the free encyclopedia A loft can be an upper storey or attic in a building , directly under the roof . Alternatively, it can be a loft apartment which is a large adaptable open space either created or converted for residential use. Loft apartment Warehouses converted into loft apartments in Hoxton , London .Loft apartments are apartments that are generally built from former industrial buildings. When industrial developments are developed into condominiums instead of apartments, they may be called loft condominiums . The general term warehouse-to-loft conversions may sometimes be used for development of industrial buildings into apartments and condominiums. "Loft-style" may also refer simply to developments where a street-level business occupies the first floor while apartment "lofts" ...

WHAT IS LOFT LIVING?

In housing terms, loft living is about as open plan as you can get. Once thought of as strictly for artists and bohemian types, loft living is now a sought after lifestyle accessory. Previously, starving artists had to sleep in their studio lofts to avoid paying rent, but now loft living is one of the most sought after type of housing among certain groups of people. Artists, actors and young business professionals all love the idea of having a loft as their home. It provides maximum space, and improvements can be made if desired. Usually, lofts are found in the commercial areas of a city. Before they were turned into stylish living spaces, the lofts were commercial buildings. Older buildings that have been left empty for years have now been given a new lease on life, thanks to loft living . Over the past ten years, the idea of loft living has taken a massive leap. The lofts, or as they are sometimes advertised, spaces , are usually located in very l...

The 270 s.f. micro-loft announced in Vancouver

http://www.cooltownstudios.com/2010/01/26/the-270-sf-micro-loft-announced-in-vancouver Can you say $675 a month to rent your very own newly renovated residence in an up-and-coming neighborhood within a vibrant city? That’s affordable to someone with a $25,000/year salary. Mini-condos on the rise in walkable urban areas , and developers in Vancouver, Canada agree, announcing thirty 270 s.f. units to be completed in March 2011. Apparently having City support for mini-residences is a new thing, “We took a position against these kinds of units 20 years ago, but times have changed. We’ve got to support any kind of rental housing,“ Tom Durning of the Tenant Resource and Advisory Council. Keys to attractive high style/low cost compact design for the $5 million mixed-use building include looking to Asia and Europe for inspiration, higher ceilings, lighter-colored materials and larger windows,kand a fold-out Murphy Bed. “So many people contact us, not with a specific size th...

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