How Condominiums and Landed Homes Benefit

For Condominiums

• Shared Infrastructure, Shared Benefits: In high-rise developments, installing a common charging area managed by the Joint Management Body (JMB) or Management Corporation (MC) minimizes capital expenditure while offering all residents access to EV charging. With models like zero capex programs and profit sharing, the cost burden is alleviated, and any surplus revenue can contribute to the building’s maintenance fund.

• Future-Proofing the Property: As more residents switch to EVs, having in-house charging facilities becomes a major selling point. Condos that offer EV-ready parking are poised to attract tech-savvy, eco-conscious buyers and tenants—an attractive proposition in cities like Kuala Lumpur and Penang.

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For Landed Houses

• Personal Convenience and Value Addition: For landed property owners, having an EV charger at home means the convenience of charging overnight without having to rely on public networks. This not only ensures a fully charged vehicle each morning but also can lead to lower running costs due to the residential electricity tariff.

• Enhanced Market Appeal: As the shift towards electric mobility gathers pace, homeowners with private charging facilities are likely to see an appreciation in property value. Future buyers view an integrated EV solution as an upgrade, similar to modern smart home systems.