Savills Experts call to build a small-sized housing

British company Savills Experts call for designers and architects to think about the creation of small apartments in the most expensive and popular cities in the world, in order to cope with the huge demand for affordable housing, writes the online portal Aplaceinthesun.com. Savills is one of the companies that call for revaluation of property of small format, arguing that the apartment of about 25 square meters. m can satisfy the needs of young professionals in need of affordable housing in the city center, if it is designed and built properly. "Young cities in the world have successfully experimented with the creation of small apartments, finding strong demand among young professionals who want to live and work in the central areas. Waiting for Europe to adjust their opinion on the construction of such facilities, taking into account all the issues associated with the construction and outside the city growth "- said Yolande Barnes, research director at Savills World agency. She argues that such Asian cities like Hong Kong, Singapore and Japan, do not neglect the creation of small-sized housing. In Hong Kong, the quality and the location takes precedence over size. This proposal is also positive for investors, because the rental income from such properties, higher by 3% than the market average. "The decision to build a small-sized housing should not be ignored, because we need to understand that different house created for different people," adds Barnes. HomesOverseas.ru