Expectation:
The owner sought to meet residents’ home charging needs and position itself toward premium residents who are more likely to be environmentally conscious
Solution:
We helped client deploy 8 DC fast charging piles and 20 AC charging stations, installed in the underground parking lot, supporting time-share management and App reservation. Residents can schedule overnight charging via the property management app.
Result:
Property Premium: Client’s apartment units with charging facilities sold for 7% higher than comparable properties, and the rental rate increased by 12%, with increased overall satisfaction rate from residents.
Breakeven Point: Through charging service fees and higher property management fee, the payback period is 2.5 years