In today's real estate market, interior design renovation has become a key factor in raising property value and rental rates. Particularly in the Klang Valley area of Malaysia, where there is a high demand for housing, proper interior design can produce remarkable results.
"We found that a proper renovated properties are more competitive in the market," said a senior real estate agent. For example, a suite of apartments in Kuala Lumpur, the original layout and decoration is more common, the rental situation is not ideal. The owner carried out a comprehensive decoration of the unit, using comfortable style of raw wood elements to decorate the unit to create a warm and unique atmosphere. At the same time, the space has been redesigned to make the living room more spacious and bright. As a result, the apartment was successfully rented within a few weeks after listed in the market."
Another successful case was a villa in Sunway. The owners invested in modern renovations, equipped with high-end kitchen appliances and intelligent home systems. The color of the room is harmonious, and the choice of soft clothing is also very tasteful." After the completion of the renovation, there is various inquiries of the tenants." In the end, we rented to a long-term tenant for a rental higher than the market average."
There is also a studio apartment in the centre of KLCC, where the designers skillfully utilized the space to create a multifunctional accommodation area that makes the whole room look clean and orderly. And the choice of bright and quick colors to make the room look more open. The rental rate of this property is much faster than that of the homogeneous unrenovated households in the vicinity.
These examples fully demonstrate that properly designed interior decoration not only improves the beauty and comfort of the property, but also effectively satisfies the tenants' desire for quality of life, thus significantly increasing the rental rate and value of real estate in the region.
Mr. Vanness Kong, who has been working in the interior design and renovation industry for many years, recommends some examples of interior decoration that will boost rental rates in 2024:
Case 1: Modern Contemporary Design
The living room has a simple white wall, gray sofa and wooden tea creates a comfortable natural atmosphere. The light gray wooden floor is placed on the floor, which adds a warm feeling.
Case 2: Nordic Style Design
The living room features a light gray canvas with a few colored cushions to add a lively atmosphere.
Case 3: Industrial Style Design
The original cement walls and ceilings, combined with black metal lamps and pipes, show a unique industrial style.
Case 4: Japanese Muji Style Design
The living room is equipped with a tattoos and a few bushes, creating a relaxing area for leisure. Wooden furniture and rice curtains make the space look warm and soft.
Case 5: Modern Creamy Style Design
To create a comfortable natural, warm and soft style. We used cream color on the wall color, then through some natural elements such as green plants, carpets, cream curtains and some appearance soft clothed furniture, so milk and warm style.
These are the cases which have their own characteristics and attractiveness to meet the needs of different tenants, thereby increasing the rental rate in the market.
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