With more homebuyers looking at urban lifestyles nowadays, more housing developers are quick to emphasise on the importance of healthy living alongside their modern housing projects.
By providing green areas or parks in residential areas, homebuyers can be more relaxed in such pristine landscapes to soothe their higher stress levels due to their busy working lives.
There is also the added advantage of seeing such properties increase in value as there are many benefits associated with parks.
Improve health
Green areas or parks in neighbourhoods can improve our physical and psychological health. Many such parks tend to be private and are for the use of the residents within the gated and guarded (G&G) community only.
This exclusivity tends to elevate the development and increases the value of homes within these G&G community.
Urban planners and designers pointed out that strong general evidence suggested that people exercise more when they have access to parks.
As the residents become more entrenched in daily physical activities, this will improve their well-being and decrease the risk of a wide range of diseases including heart disease, hypertension, diabetes and colon cancer.
Physical exercise also relieves stress and anxiety symptoms, boosts mood and increases psychological well-being. And thereby, there will be more demand for homes with parks.
Relaxation for family
Beyond the benefits of exercise, a growing child’s body demonstrates that their interaction with the natural environment enhances physical and psychological well-being. The park also provides an opportunity for family members to bond together as they exercise or play there.
Moreover, since residents do not have to tale long car rides to a public park to jog or take a breath of fresh air, this will help reduce air pollution.
Maintenance is key
While the parks tend to increase the value of the adjacent residential property, the same is true for commercial property.
That is why more and more developers are trying to get the chance to develop land in urban areas that have the opportunity to enhance this kind of development.
However, the upkeep of the park is necessary so the management corporation will need to pay heed to the maintenance cost to keep the park in good condition.
Good for the environment
Biodiversity is protected and conserved in such parks. Since they play a crucial role in keeping the air and water clean, this counteracting of pollution’s harmful effects will mean a healthier environment. Parks provide habitats and reduce climate change impacts.
Vegetation provides oxygen, reduces air pollution, stores water and prevents soil erosions. It has also been proven that a cluster of trees can reduce temperature and hence, residents can enjoy a cooler micro-environment.
With so many benefits, it is easy to see why the value of properties residing near or next to parks tends to fetch a higher price.
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