Future & Growth of Studio Apartment in Dhaka City

Studio apartments are gaining immense popularity in Dhaka and the entire Bangladesh. It comes with a setup that meets the residents’ demand and is also pretty affordable. This content will discuss the Future & Growth of Studio Apartment in Dhaka City, including the current prices, investment scenarios, future demand, and more.

Future & Growth of Studio Apartment in Dhaka City

Before heading to the main discussion, we should clarify what a studio apartment is. Studio Apartment features the bedroom, drawing room, dining, kitchen, and washroom; all in the same place. Indeed, there are no barriers like walls, glass, or hardboard to separate them.

Why is the Studio Apartment becoming Popular in BD?

All Facilities within Limited Space

Studio apartments are basically compact homes. They offer more house facilities within a smaller space.

Proper Use of Limited Land or Space

So many people move to Dhaka every year. Indeed, the number is increasing every year. However, the land is limited. So, the system has to cope with the ever-increasing demand. People want more homes in less space and with more affordability. That’s why the studio apartments are more relevant nowadays.

Affordablility

Larger apartments are so expensive. Most families, especially the middle-class ones, can’t afford those apartments. However, one needs all the facilities in the house, including bedroom, kitchen, restroom, dining, and drawing. But all these places, if separated, take an enormous space. That eventually increases the rent as well. Thus, the studio apartments provide all those facilities but in a limited space. As a result, these apartments have lower rents and are affordable to most people.

Comfortable Living

These apartments don’t waste space. Thus, people enjoy comfortable living in the studio apartments. It keeps things simple and clutter-free.

Easier Management

Studio Apartments are not only easy to clean but also easy to manage and maintain. Thus, busy residents of Dhaka city admire this sort of apartment that also saves their valuable time.

Modern and Space-Saving Design

These apartments feature modern as well as space-saving design, and hence have a tremendous appeal and attraction among the new generation. It also reflects the Western vibe as well.

Studio Apartment: Suitable for Whom?

The studio apartments are more suitable for the likes of:

• Single and Young Professionals
• Varsity and College-level Students
• Small Families
• Middle-class families who prefer all conveniences within a limited space
• People who are seeking facilities at an affordable rent range.

Studio Apartment Price in Dhaka

Prices vary based on location and facilities. Prime areas like Gulshan or Banani offer studio apartments in the range of 30 Lakh to 80 Lakh BD Taka at the moment. But if you move to areas like Uttara or Mirpur, you will find studio apartments starting from the range of 20 lakh BD Taka. Moreover, if you consider the context of Chattogram, where Studio Apartments are also becoming popular, you can buy them at a range of 12 lakh to 35 lakh BD Taka.

Studio Apartment Rent in Dhaka

The rental prices also vary based on location and facilities. In Dhaka, a studio apartment is available at a monthly rent of 10 thousand BD Taka in the less developed areas and with fewer facilities. However, in the developed areas and the apartments with more facilities may cost up to 40 thousand BD Taka. So the rental range is 10000-40000 taka.

Which Developing Companies currently build Studio Apartments in Dhaka?

The following developing companies are among the leading names that offer studio apartments in Dhaka.

• Bti
• Tropical Homes
• Rangs Properties
• Shanta Holdings
• Concord etc.

Clients will find well-designed and space-efficient homes. Indeed, ultramodern facilities like rooftop gardens, gyms, security systems, etc, are also there in some apartments.

Are Studio Apartments Good Options?

To answer this question, we may take a look at the pros and cons of the studio apartments.

Is it Safe to Invest in Studio Apartments?

First of all, the demand is rising for studio apartments. You clearly know the reason. These apartments are affordable but offer all the facilities. It uses the spaces more effectively to keep things tight but relevant. Young professionals, students, and small families always look for such options. From the investor’s point of view, the studio apartments are affordable, easy to rent, and also easy to upkeep. The risky sides include limited resale demand and market saturation risks. With simplicity but modern vibe and affordability, the demand is increasing, and also, we can say it’s safe to invest in the studio apartments in the context of Dhaka City.