Benefits of Investing in Home Automation for Your Landed Property
There are close to 70,000 landed properties in Singapore. With a fair share of advantages, including a high capital appreciation value, exclusivity, and privacy, owning a landed property seems to offer more than mere prestige. However, owning any type of property be it a condo penthouse or a landed property comes with its own list of factors to consider. For example, maintaining a property’s security is a key concern for every homeowner. Since estates with landed homes tend to have a reduced volume of people and the large floor area makes it a bigger target for burglaries and other inconveniences, worries revolving around security levels are commonplace. However, the appeal of this real estate cannot be denied, especially when smart home automation systems can address most concerns.
Back in the day, a Singaporean’s socio-economic standing was based on the 5Cs – cash, credit card, car, condominium, and country club. Possessing all five Cs was an indicator of success. However, in recent times, these have been superseded by other material gains. According to the “Key Household Income Trends, 2021” the median household income from work grew by 3.6%. While saying that the lifestyle habits of those living in Singapore are more extravagant because of this might be an exaggeration, there is no denying that dreams and aspirations have indeed become more elaborate.
As such, it comes as no surprise that the one asset that has long been a representation of the Singaporean dream, still remains – a landed property. With close to 70 thousand landed properties in Singapore, this real estate sector has become highly competitive. This has made it imperative for property investors to keep up with the latest trends in order to retain the asset value of their landed property – the very aspect that probably drew them to this real estate in the first place. And one trend that has had a huge impact on the housing market is smart home automation. Whether you are looking to sell, buy or upgrade your landed property, it is crucial to look into how home automation can impact your investment. Here are 5 reasons why investing in smart home solutions is a clever investment decision:
1. Increases Retail Value
Did you know that smart home systems increase the value of properties? When homes are being evaluated, a comparative market analysis is often done. And one factor that often differentiates one property from another in the same area is its amenities and features. A smart home that is fully outfitted with smart home solutions and the latest technological gadgets will certainly have a higher value compared to a standard property.
2. Attracts More Buyers
Slowly growing to become an in-demand commodity in Singapore, smart homes are seen as a selling point amongst homeowners and property investors. Soon to become the new normal in the real estate sector, getting ahead of the game and equipping your home with smart home solutions is sure to increase its appeal. Moreover, as more millennials enter the housing market, this trend-driven group is sure to look into homes that are up-to-date and trendy. Installing smart home gadgets is thus a surefire way of garnering their attention.
3. Improves Home Efficiency
If you’re not looking to buy a new home or sell one that you own, smart homes have loads to offer when it comes to improving the quality of your life. Smart home solutions such as smart lighting and smart locks put convenience at your fingertips. Through apps like the HomeAuto app, you will be able to create a home environment that is personalised according to your wants and needs. Need to set the aircon in your home to automatically turn on the moment you are back from work? Combining smart gadgets like the IR blaster with your air conditioner will allow you to perform this task at a specific time of the day with ease. From boosting productivity while you work from home to functioning as a free live-in nanny, a smart home can improve efficiency in a multitude of ways.
4. Saves Energy Usage
By automating your gadgets and appliances, you will also be able to cut down on your energy usage. One of the key appeal aspects of a smart home is that all your gadgets can be controlled remotely via your phone. This means that even if you have left the fan, lights or any other electrical appliances connected to the central wireless hub on, you can turn them off when you are nowhere near your abode.
5. Increases Safety & Security
Smart homes also provide homeowners with the ultimate peace of mind. Whether you are going on a trip or simply forgot to lock your door while rushing for work in the morning, integrating a smart home system will beef up your security. As mentioned, landed properties tend to be targeted for burglaries. Compared to condominiums that have guards on duty or Housing Board flats that have security cameras installed in lift lobbies and neighbours living a few steps away, owners of landed properties need to take security into their own hands. Unless you have hired a reliable security guard service, door and window sensors and motion PIR sensors will ensure the safety of your home.
Outfitting Your Landed Property with Smart Home Solutions
Sold on the idea of smart homes in Singapore? Building a smart home is a breeze when relying on the expertise of smart home solution providers like HomeAuto. However, if you are unable to decide on which smart home solutions to outfit your landed property with, fret not! At HomeAuto, we have packages that can simplify your smart home journey. Our landed package comes with all the basic smart gadgets such as smart switches, IR blaster, CCTV and more. In addition, this landed package also consists of labour services for the installation and programming of all the devices so that you do not have to worry about the hassles of having your smart home up and running!
Have queries about HomeAuto and our smart home automation solutions? Contact us at [email protected], and our smart home solutions providers and assistants will offer you more information on how to transform your landed property to an appealing smart home in Singapore.