shoeboxmickeymousehouse

2011 sep 28 http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=%7B48406691-10300-9983178972%7D SHOEHORN yourself into a shoebox apartment? There is wide-eyed curiosity and some narrow-minded incredulity at the ballooning number of people doing that. Sales of tiny apartments - nicknamed 'shoebox' for their size - have increased more than six times, from 300 units in 2008 to 1,900 last year. They represented 6 per cent of new private home sales in 2008, doubling to 12 per cent last year. National Development Minister Khaw Boon Wan wrote on his blog in June warning that while he did not want to second-guess the market, buyers of tiny apartments should go in with their eyes open. Some market observers warn that the penchant for small living is just a fad, and suggest that small equals unrentable and unliveable. Naysayers will tell you that living in a tiny apartment is a step backwards in the housing continuum. You do not go from a pondok to an HDB three-room flat

2011 sep 20 Oxley Holdings’ founders boost stakes in ‘shoebox apartment’ builder http://www.theedgesingapore.com/component/content/32807/32807.html?task=view&showall=1 Written by Michelle Teo Monday, 19 September 2011 14:56 The founding executive chairman and CEO of boutique property developer Oxley Holdings has significantly raised his stake in the company in a series of open-market transactions. On Sept 2, Ching Chiat Kwong bought 12,000 shares at 33.5 cents each. On Sept 5, he scooped up 200,000 shares at 32.5 cents each, bringing his direct stake in the company to 39.57%. Over the course of the week, Ching purchased 250,000 more shares on the open market at between 32.5 and 33 cents apiece. Ching now holds a 39.59% direct stake in Oxley, or just under 589.5 million shares. At the same time, substantial shareholder Tee Wee Sien picked up 201,000 shares on Sept 5, bringing his direct stake to 175.81 million shares, or 11.81%. On Sept 8, Tee picked up another 100,000