Rhino’s Post

This article does a great job highlighting the evolving trends in multifamily amenities for 2025. But it raises an important question: how do owners and managers really know which amenities drive leases? The truth is, many amenities keep us on par with competitors in this never-ending arms race. They make it harder for your comps to steal leases, sure, but are they really moving the needle? Often, they’re more about marketing than we’d like to admit. Take a hard look at usage data: gyms, computer rooms, game spaces, and movie theaters often have low engagement. Meanwhile, amenities like free Starbucks coffee machines—just watch those morning lines—consistently deliver value to residents. Maybe the key isn’t offering everything but focusing on what truly enhances the resident experience. What’s been your experience? Are your amenities actually leading to more leases—or just checking the marketing box? https://lnkd.in/exKkq49B

Over the past 20 years, planning amenities in new apartment communities has evolved from a “check-the-box” exercise to “shock-and-awe,” featuring an ever-more expansive and exotic array of offerings. It’s an expensive undertaking, both in terms of space allocated to these amenities and the cost to fit them out. And, in many instances, it’s not only unnecessary but potentially counterproductive, as residents are increasingly aware that THEY are the ones ultimately paying for access to these amenities in which they may or may not see value and as rents escalate across markets. There’s a better way.

Multifamily Amenities: What do you consider to be a WOW Factor? In the world of multifamily housing, amenities have evolved far beyond the basics. In this article from REBusiness Online, they point out that reliable Wi-Fi and EV charging stations are now onsite essentials. But what seals the deal for renters today? Industry leaders say jaw-dropping features that make life easier and more exciting are the way to go! Think rooftop sky decks, wine cellars, pet spas, and even speakeasies hidden behind bookshelves. These aren't just luxuries—they're opportunities to create unforgettable experiences that attract and retain residents. Amenities like meditation pods, coworking spaces, and grab-and-go markets are designed for today’s lifestyle, offering convenience and fostering community. And for developers? They’re not just perks—they’re ROI. What amenities do you think make a community truly unforgettable? Let’s discuss in the comments! To read the full article visit: bit.ly/3Zhez77  #MultifamilyLiving #ResidentExperience #RealEstateInnovations

The transformation of hotels to multifamily apartments is becoming an obvious strategy to quickly – and cost-effectively – provide attainable housing for cities that are in critical short supply. However, adapting spaces initially designed for short-term stays into comfortable, livable homes presents a unique challenge. At Ori  we are committed to supporting developers in navigating these transformations, ensuring that even the smallest spaces are both functional and desirable for residents. Through creative solutions and strategic partnerships, we are redefining studio living for the modern era. https://lnkd.in/gKmqUs9R

What trends will define multifamily amenities in 2025? In a new article, Multi-Housing News dives into the future of resident experiences, featuring insights from our Founder and CEO, Jonathan Treble, and Ashley Sinclair, EVP of Marketing & Brand Loyalty at Village Green. The article explores how multifamily properties are redefining amenities with a focus on wellness, technology and resident-driven design. Here are 4️⃣ key takeaways: 1️⃣ Innovative Wellness Spaces: Wellness is evolving beyond traditional fitness rooms to include makerspaces and private service rooms, offering residents highly personalized and meaningful experiences. 2️⃣ Support for Remote and Hybrid Work: With remote and hybrid work scenarios remaining prevalent, private workspaces, coworking areas, and essential tools such as printers, high-speed Wi-Fi, and coffee machines are essential for enhancing productivity and convenience. 3️⃣ Data-Driven Decisions: Leveraging resident feedback to continuously adapt and refine offerings ensures properties remain competitive and aligned with evolving expectations. 4️⃣ Simplicity and Purpose: In a crowded amenity market, focusing on simple, intuitive offerings that residents genuinely need and use allows for seamless integration into daily life while easing the workload for property managers. Thank you to Multi-Housing News for inviting us to contribute to this important conversation about the future of multifamily living. Don’t miss the full article for more insights into what’s shaping the resident experience in 2025! ⬇️ #multifamily #propertymanagement #proptech

On average, tenants stay 3-5 months. Despite one room with a turnover every month, most of our spaces stay consistently filled, offering affordable, flexible living solutions! - #padsplit #affordableliving #homeownership #realestate #realestateinvesting #realestateinvestment #realestateinvestments #propertyinvestments #propertyinvestment #propertyinvesting

Modern Amenities: Five Ways Tech Redefines Multifamily Living https://lnkd.in/e_23C4Y2 #Multifamily #PropertyManagement

🏢 Multifamily residences are increasingly adopting technology to enhance tenant appeal and operational efficiency. Smart home features and digital amenities are becoming essential in attracting and retaining residents. As property managers innovate, they can create a more appealing living environment while streamlining operations. 💻 What tech trends are you seeing in the housing market? Learn more: https://lnkd.in/dC7cpBsv #DigitalMara #SmartHomes #TenantExperience #Innovation #PropertyManagement

Why Amenities Are the Real Deal Breakers in Multifamily Living 🏢✨ Amenities aren’t just a nice touch—they’re a defining factor in multifamily properties, often determining who rents, who stays, and how much they’re willing to pay. While amenities like fitness centers, pools, and co-working spaces might seem like extras, they’re powerful drivers of tenant satisfaction and property value. But let’s be real: not every amenity is worth it. Here’s where property managers should draw the line: 1. Is the Amenity a Real Draw? Fancy features are great, but if tenants don’t use them, they’re just expensive decoration. 2. Cost vs. Value: Amenities with high maintenance costs might only pay off if they directly boost tenant retention or rent. 3. Local Competition: What can make your property stand out from nearby options? Unique, community-building amenities can make all the difference. The right amenities create a community vibe, justify higher rents, and elevate the entire property’s appeal. Smart investments here aren’t just perks—they’re key to long-term profitability and tenant loyalty. #Multifamily #Multifamilyinvesting #investment #RealEstate

Which is better? Living in a cozy, spacious apartment, but the location isn’t ideal — too far from work, friends, and amenities. OR is it worth it to sacrifice your living space for a better location?🏡🤔 I often find myself in debate with my boyfriend about this topic. While I advocate for a home near an MRT station - ideally at an interchange location for ease of commuting🚆✨ But he prefers a bigger space for the same budget we are currently paying for our house 🛋️💖 This ongoing discussion highlights the complexities of making the right choice for our lifestyle and future. Benefits of Downgrading Location: 💰 Cost Savings: The per-square-foot cost is typically much cheaper than in prime locations 🏠 Generous Living Areas: Luxury of spacious living areas, hobbies, or even a room for office 🌳 Peace and Quiet: A quieter, relaxed lifestyle away from the hustle and bustle of city life Drawbacks of Downgrading Location: 🚗 Commute Time: Increased travel time & taking a grab would be more expensive 🍽️ Limited amenities at newer estate (Eg: Tengah) grocery stores, restaurants, and public transport 👥 Social Isolation: Moving to less popular areas can lead to feelings of isolation or disconnect from family, friends and community Benefits of Upgrading Size in a Prime Location: 🚉 Convenience: Close to dining, entertainment, and major public transport (MRT, interchange…)  🎭 Lifestyle Enhancements: Enrich one’s social life and provide access to cultural activities 📈 Property Value: Desirable areas often appreciate faster, potentially making a better long-term investment. Drawbacks of Upgrading Size in a Prime Location: 💵 Higher Costs:  The per-square-foot cost is typically much higher 🔒Inflexibility: Properties in prime locations cannot be sold until they have completed a Minimum Occupation Period (MOP) of 10 years 🤯 Extreme Crowding: Living in a prime location often means dealing with a bustling environment, which can feel crowded, have limiting personal space and privacy So, what is more important to you? 🏡 Staying near a prime location OR the comfort of a spacious home? #HomeBuyingDecisions #LivingChoices #SpaceVsLocation #UrbanLiving #RealEstateInsights