University Townships

Capitalising on the college craze through property investment

Looking for a signature address to live? Does the idea of living in a culturally vibrant community, well-educated population, rising property values even during economic crisis and mingling with people from all over the state and world seem like an intriguing choice? Nestled away from metropolitan centres; university towns offer such inclusive living environments for all generations.

The potential that university townships hold are evident globally; from the traditional courtyards of Cambridge (Cambridge University), to modern cities such as Madison (University of Wisconsin- Madison). The distinguished features of such townships have seen towns continue to thrive with bustling student communities and residents alike. Most importantly the housing market is very strong across all property types because of the investment return opportunities available from student accommodation, commercial and retail. With an excellent job base within these areas, varied opportunities are available in the private and public sectors.

They say education is the way of the future. My take is simple, do not overlook universities as just an education platform; open your eyes to an array of opportunities available surrounding a university. I’ll give you a few reasons to change your mind; firstly you would be surrounded by good infrastructure and facilities all within a close proximity. Colleges with medical schools often have teaching hospitals that provide medical services to the community; these hospitals may provide treatment in specialised fields and have specialised doctors attending to your needs. Most students do not own vehicles therefore mobilization is a priority in university towns hence public transportation is often reliable and affordable.

On to the dollar and cents part of why university towns are worth your investment. Universities often ensure a stabilised local economy as the steady flow of students and staff are a continuous cycle. Gen-Y’s are capitalizing on the rising number of university students; opening up picturesque restaurants and coffee shops as they understand the need for students to hangout at in these areas. University towns promise an affordable cost of living with many restaurants and local businesses catering to people living on a college student budget by offering affordable services.

According to Jason Doo CEO of METROWORLD Realty Sdn Bhd “The education sector reaches the younger generation; students are the upcoming spending group therefore it is important to target the property sector within these groups.” METROWORLD endorsed university town launches for UTAR, Taylors University and MMU Melaka; proving once again how lucrative university township developments can be.  

According to Dr Elizabeth Lee, Senior Executive Director, Sunway Education Group and Sunway University “University towns are certainly alluring for investors, you can say that rentals are guaranteed by the need for student and staff accommodation. We, the Sunway Education Group own purpose-built accommodation for students’ residence, and there are times when we have to turn away students. We continue to build more to accommodate current and future needs.”

Developers have been keeping a keen eye on college integrated developments with colleges or within the vicinity of colleges. Mixed developments such as De Centrum by Protasco, Utropolis by Paramount and BSP 21 by LBS are testament to the future of a well-rounded living area with an international feel. With the rising number of students flocking to universities and colleges, investment returns are certainly guaranteed.

With budding diverse population bound to revitalise the youthful spirit in you, take a short visit to the nearest university town to experience a unique living.