Lack of EV charging deters apartment buyers, renters

Philippines News News

Lack of EV charging deters apartment buyers, renters
Philippines Latest News,Philippines Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 90%

Strata committees are refusing to install electric vehicle charging in block garages; it’s starting to affect people’s ability to rent and sell their units.

Apartment block strata committees are coming up with increasingly illogical reasons for not installing electric vehicle charging in their garages, and it is starting to affect people’s ability to rent and sell their properties.

Mark Muntz uses one of the charging points at The Richmont in Pyrmont, Sydney. “Looking long-term, I think it’s the only way to go.”Mr Clark said most buildings would get by with either a few charging bays, possibly using visitor parking spots with service providers handling the billing and payment, or metered normal power to owners’ car parks.

“In fact, the majority of urban trips use less than 25 per cent of capacity, so large batteries would only require an overnight top-up before a long journey.” Dale Cohen was secretary of the strata committee at the Richmont building in Sydney’s Pyrmont when he began lobbying his committee to introduce EV charging in 2017, two years after he bought a plug-in hybrid.

The breakthrough in his block came when a prospective tenant pulled out of a lease because there was no EV charging and no plans to install it.Mr Cohen told his committee that if it didn’t invest in charging facilities, EV owners would buy or rent in buildings that had charging. “Our investor owners got that immediately,” he said.newspaper.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why you should wear a hat to the races, not a fascinatorWhy you should wear a hat to the races, not a fascinatorA fear of hat pins and lack of confidence are partly to blame for the lack of traditional hats at race days, but milliners say that fans of fascinators are missing out. | By Damien Woolnough
Read more »

Why you should wear a hat to the races, not a fascinatorWhy you should wear a hat to the races, not a fascinatorA fear of hat pins and lack of confidence are partly to blame for the lack of traditional hats at race days, but milliners say that fans of fascinators are missing out.
Read more »

‘Stupidly expensive’: Sydney rents hit record highs‘Stupidly expensive’: Sydney rents hit record highsRents in Sydney have jumped about 14 per cent over the past year and tenant advocates warn the level of renter distress has shot up.
Read more »

Marles refuses to admit trip to PNG is to deter its China relationshipMarles refuses to admit trip to PNG is to deter its China relationshipRichard Marles is insisting his visit to Papua New Guinea comes when the bilateral relationship 'has probably never been in such a good place' and is about improving military assistance rather than discouraging dealings with China.
Read more »

Unrealistic gas price caps not the answer, producers sayUnrealistic gas price caps not the answer, producers sayGas buyers are again at odds with producers on the pricing available in the east coast market as debate rages over potential government intervention.
Read more »

Brookfield hoping for $175m for Sofitel BrisbaneBrookfield hoping for $175m for Sofitel BrisbaneCanadian investment giant Brookfield is hoping to find a buyer for its 416-room Sofitel Brisbane hotel, having been unsuccessful in divesting it in the past.
Read more »



Render Time: 2025-04-22 00:28:16