Property Hunter Magazine September Issue 2014 | Page 56

/// East Malaysia Property News

Jade Residence Dual Key Show Unit Ready for Viewing
What is good or special about dual key units?
Convenience – For families with elderly parents
or senior members who need to be taken care of,
the dual key allows them to keep a close watch
on them.
Privacy – The two adjoining apartments, each
equipped with its own bath and kitchen for basic
living needs, provides close proximity while at
the same time maintain privacy since they are
ultimately separate units – no shared baths,
kitchen and living room.
Rental potential – The dual key unit is registered
as a single apartment under one strata title, so to
the authorities, the studio apartment is regarded
as a room and not a unit by itself.
This means that the owner can sublet the whole
studio apartment as rental room. Such units may
appeal to single or couple tenants since there is
no need to share a common living room, kitchen
and bath with the owner and vice-versa.
Through leasing, you can earn passive income
which you can use to offset a portion of your
monthly mortgage or the maintenance fee.
While shoebox apartments are slowly becoming
a mainstay in the local condominium scene, there
is another newcomer that may gradually force
its way into becoming another common feature
in future condo projects. This newcomer being
referred to is the dual key concept!
Despite not gaining as much media coverage as
its shoebox counterpart, its frequent appearance
in new condominium launches seems to suggest
its slowly and steadily gaining acceptance and
popularity amongst developers.
Now Jade Residence is ready to bring in the viral,
dual key concept condominium. There are 2 types
of dual key units – Type B1 and Type A5. Type B1
has sold out and only limited units are available
for Type A5.
What are dual key units?
Dual key units are units that have a studio
apartment unit attached to an otherwise standard
condominium unit.
The unique characteristic of a dual key unit is a
shared foyer (the common area that is accessed
through the main entrance).
There are two doors - one leading to the studio
apartment and one lead to the adjoining unit and two sets of keys, hence the term ‘dual key’.
What is the purpose of dual key units?
When dual key units were first launched in the
market, they were squarely targeted at buyers
who want to live in close proximity to their

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parents (or relatives) while maintaining privacy.
The under one-roof and separate doors design
facilitates this.
The studio apartment is also self-sufficient in
terms of having its own bathroom and kitchen,
essentially an en-suite room by itself.
Three Generation under One Roof
With middle-aged buyers as the ultimate home
buyers, with their higher income and quality of
life, they will be looking for a more convenient
living arrangement but three generations come
with different ages, job attributes, social status
and living habits.
Making three generations live under one roof in
harmonious coexistence has become one of thei