shoeboxmickeymousehouse

2011 jan 19 http://www.propertyguru.com.sg/property-management-news/2011/1/29534/demand-for-shoe-box-apartments-to-stay The demand for “shoe-box” apartments will likely stay, said Ching Chiat Kwong, CEO of Oxley Holdings. “If you look at the way Singapore is developing — high economic growth, rising home-owning aspirations, more local and expatriate singles, young couples who prefer dogs rather than kids — you can see a very clear demand pattern emerging,“ he said. “There is a market for good-quality, affordable private homes in good locations.” Oxley hopes to capitalise on this demand. The Catalist-quoted company specialises in developing 350 sq ft to 400 sq ft private apartments with one bedroom, living room and fully fitted kitchenettes. Three months after its October 2010 listing, Oxley has already sold out five of its “shoe-box” apartment projects. Loft@Holland was totally snapped up within two hours of its launch a week ago. This year, the company will launch at least two com...