shoeboxmickeymousehouse

2012 apr 28 http://www.bloomberg.com/news/2012-04-27/singapore-sells-record-shoebox-apartments-in-first-quarter.html Singapore Sells Record Shoebox Apartments in First Quarter By Pooja Thakur - 2012-04-27T03:15:36Z Developers in Singapore sold a record number of so-called shoebox apartments in the first quarter, raising the prospect of additional government-led measures to cool the island-state’s housing market. Developers sold 1,764 apartments that were less than 50 square meters (538 square feet) in the three months ended March 31, the most since the Urban Redevelopment Authority began collating the data in 2007. The smaller condos accounted for 27 percent of new sales in the first quarter, the data released today showed. Singapore has been attempting to rein in prices since 2009, when it barred interest-only loans for some housing projects and stopped allowing developers to absorb interest payments for apartments still being built. Analysts at Jones Lang LaSalle Inc., CLSA Asia

2012 apr 21 http://www.stproperty.sg/articles-property/singapore-property-news/shoebox-flats-rake-in-higher-rental-yields/a/62285 But experts warn rosy times are not expected to last as increasing supply hits market The Straits Times - April 20, 2012 By: Esther Teo TINY 'shoebox' homes here are raking in much higher rental yields for investors than other apartment types but experts warn the good times might not last. Data from the Singapore Real Estate Exchange (SRX) found that gross yields for shoebox apartments were 5.4 per cent in the first three months of the year. This is well above the 2.5 to 3.5 per cent yields that residential properties typically return to investors. The SRX shoebox yield was based on the average rent of $6.51 per sq ft (psf) per month for the 197 leasing deals inked in the period. The average unit price of the 123 shoebox homes sold then was $1,450 psf. Typically, rental yield is calculated by dividing the rental sum received over 12 months in

2012 apr 18 http://yu-kym.blogspot.sg/2012/04/buy-shoebox-apartment-if-you-want.html There has been much talk about how shoebox units, defined as those 500 sq ft or less, do not provide good quality of life as compared to larger apartments... (click on link to read full article)

2012 apr 9 http://lockandstore.wordpress.com/2012/04/08/lockstore-on-channel-us-money-week/ "Channel U’s Money Week looks at market trends in Singapore and last Saturday, they explored shrinking apartment sizes in Singapore and how more Singaporeans are making use of self-storage space to store their personal belongings. Here’s the link to the video clip: http://video.xin.msn.com/watch/video/episode-52/1gqbdl2do . Fast forward to 8.47 mins if you wish to watch the footage on self-storage, otherwise the clip on green spaces is interesting too. One of our readers Chris also mentioned in a comment that he lives in a shoebox apartment and the only way he can keep his excess belongings is to store them in a self-storage unit."

2012 apr 6 What Makes a Mmmm! MM (How to Choose a Good MM) 1. Location, Location, Location Small doesn't necessarily mean ulu. Although the word UlU when turned upside down = MM, this is extremely taboo when it comes to an MM in an ulu location. Note that however, in today's context, when even Punggol new launches are seeing hordes and new PSF highs, there are still some generally regarded 'ulu' areas to avoid: - All the 'kangs' except maybe Yio Chu Kang and Hougang. - Anywhere with nary a HDB in sight within 1km radius (unless you are say talking about established and expat popular private enclaves like Telok Kurau or West Coast). Why? It usually means amenities are hard to come by, which brings me to the next point... - Amenities, nearest, that require more than 5 mins walk - including convenience stores, coffee shops, eateries, post (drop-off) box, supermarket...(no, shopping mall is _not_ a necessity ok!) - More than 1 min walk to a bus stop