Skip to main content

Posts

Showing posts from May, 2011

Shoebox apartments too small for comfort

2011 may 17 Are we moving towards the situations that land-strapped cities such as Tokyo or Hong Kong experience? As more and more shoebox apartments sprout across our island, is the URA doing enough to stop them from getting smaller. The Urban Redevelopment Authority seems to be encouraging developers of shoebox units to increase the size of their apartments. The minimum apartment size that URA is likely to approve these days, especially in projects with many micro apartments, seems to be 35 square metres, up from 28 sq m a couple of years ago, developers told Business Times recently. Analysts say that promoting an increase in the size of shoebox units may help to cool the property market since these micro apartments have been blamed for fuelling increases in per square foot prices at some property launches. A URA spokeswoman stressed that the planning authority does not stipulate a minimum size for apartments to give developers flexibility to build apartments of varying sizes t...