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A "Flat House" typically refers to a residential property that combines the characteristics of both a flat (apartment) and a traditional house. It represents a unique style of living that blends the advantages of apartment living with the features of a standalone house. Here's a description of what a "Flat House" might entail After the first term expires, these leasehold properties may be renewed by paying specific fees. Technically, by paying the authorities a fee, the lease term might be extended to 999 years. However, another clause states that once a property has been occupied for 100 years, it immediately becomes a freehold asset.
A Flat House is a distinctive and innovative residential concept that offers the best of both worlds - the convenience and amenities of an apartment combined with the privacy and space of a house. These properties are designed to cater to the needs of modern urban dwellers who seek a harmonious balance between apartment living and traditional homeownership.
Unlike traditional apartments, Flat Houses are often standalone units that are part of a low-rise or mid-rise building, resembling townhouses or duplexes. Each Flat House is a self-contained living space, typically spread over multiple floors, providing residents with a sense of privacy and independence.The interior of a Flat House is thoughtfully designed to optimize space utilization and create a comfortable and functional living environment. These properties may offer open-plan layouts, ample natural light, and modern amenities to enhance the overall living experience.
While residing in a Flat House, residents can enjoy common facilities and services typically found in apartments, such as security, concierge services, parking spaces, and shared recreational areas. Additionally, some Flat House developments may feature private gardens, balconies, or rooftop terraces, allowing residents to enjoy outdoor spaces within the confines of their property.The location of Flat Houses is often in urban or suburban areas, providing residents with easy access to amenities, schools, shopping centers, and public transportation.
Flat Houses are an appealing option for those who desire the benefits of apartment-style living, such as low maintenance and communal facilities, while still valuing the autonomy and space associated with traditional houses.It's worth noting that the specific characteristics of a "Flat House" can vary based on regional real estate practices and market trends. As such, it's essential to consider local contexts and property offerings when exploring the concept of a Flat House in a particular location.