With careful planning and sustainable means, designing homes at reasonable prices can be realised and offered to the masses.
As residential property prices increase across the world, architectural firms are coming up with innovative solutions to bring affordability to the market. Asian cities (namely Hong Kong,
Singapore and Shanghai) made the top three in a list of the world’s most expensive cities to buy a house, according to a report by real estate investment company CBRE Group released in April this year.
The report lists the average property price in Singapore as US$874,372. CBRE expects price growth to increase or at least stay, citing “high land prices and healthy demand” as drivers.
Skyrocketing prices are a global issue. From Australia to India, home ownership is an issue for many and governments are now examining the challenge on their hands.
“Affordable housing is a complex issue with many layers. We’re starting to see more government budgets and policies that attempt to improve affordability,” says Bianca Hung, Director of Australian architectural firm Hayball.
Hung believes architects and designers have the skills to deliver housing that addresses these critical issues of affordability, sustainable design and urban density.
“This has taken the form of architect-led development models such as Nightingale Housing and build-to-rent or rent-tobuy concepts like the Assemble Model – essentially bridging the gap between renting and owning your own home,” says Hung.
Nightingale Village is a collaborative project led by Nightingale Housing and includes the work of Hayball and five other Melbourne architects (Architecture Architecture, Austin Maynard Architects, Breathe Architecture, Clare Cousins Architects and Kennedy Nolan), aimed at providing exceptionally designed homes at cost.
This story is from the Issue 111 edition of d+a.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Issue 111 edition of d+a.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
True Beauty
M Moser Associates injects unique Gangnam styling into the fully refurbished offices for beauty giant L'oréal in Seoul.
A Walk In The Park
RT+Q Architects distils Modernist expressions into Sentul Pavilion, a glassand-steel event space in a park in Kuala Lumpur, Malaysia.
Elevated Living
This spacious abode in Cape Town in South Africa features a "garden in the sky" and an open-plan living space with views of the city below.
Thirty Years Of Transformative Design
Mr Philippe Starck along with 80 designers from Asia were invited to celebrate the 30th Anniversary of AXOR x Philippe Starck in Shanghai in March 2024.
Spring To Life
Kengo Kuma Associates completes Japan’s first zero-energy hotel in the city of Saijo, famous for its abundant spring water.
Back To The Future
Highlights of Singapore designers’ showcase at Milan Design Week’s Future Impact 2.
Undivided Duality
Slicing through a sedate suburban hollow is a multigenerational home of sharp, intrepid architecture.
The Tie That Binds
The meticulously restored Rumah Kechik in Malacca features well-preserved architectural features, traditional local craftsmanship as well as modern design elements.
Modern Family Retreat
This four-storey home in Singapore’s Paya Lebar neighbourhood boasts a brick interior for warmth and cosiness and private spaces for quiet relaxation.
The Beauty Of Unpredictability
Bocci’s founder and creative director Omer Arbel pushes the boundaries of design through experimentation, research and collaboration.
