shoeboxmickeymousehouse

2012 may 25 http://www.bloomberg.com/news/2012-05-23/capitaland-ceo-calls-shoebox-apartments-inhuman-southeast-asia.html CapitaLand CEO Calls Shoebox Apartments Inhuman: Southeast Asia By Pooja Thakur & Haslinda Amin - May 24, 2012 5:43 PM GMT+0800 Singapore should curb the increasing trend of so-called shoebox apartments because they are “almost inhuman,” CapitaLand Ltd. (CAPL) Chief Executive Officer Liew Mun Leong said. The government last week said it’s concerned that shoebox apartments are mushrooming in the city-state as private home sales surged to a three-year high with record purchases of units that are smaller than 50 square meters (538 square feet). “I am dead against shoebox developments,” Liew said in an interview at the downtown Singapore headquarters of Southeast Asia’s biggest developer. “The government should intervene. Singapore’s land is very precious and you are wasting your scarce resources” by building shoebox apartments. The island-state’s population gr

2012 may 24 http://www.facebook.com/photo.php?v=436067286418644&set=vb.238770386148336&type=2&theater To illustrate the pros and cons of living in a shoebox, our Talking Point Producer Hoe Yeen Nie spent a night in a shoebox unit. (click link above to watch video)

2012 may 16 http://www.stproperty.sg/articles-property/singapore-property-news/shoebox-units-an-untested-market-in-heartland-khaw/a/65803 Shoebox units an untested market in heartland: Khaw Minister says Govt monitoring rising popularity of such flats, will regulate if necessary The Straits Times - May 15, 2012 By: Amanda Tan NATIONAL Development Minister Khaw Boon Wan gave yet another warning on shoebox apartments yesterday, amid a craze for these small units. Shoebox flats, which are 50 sq m (about 540 sq ft) or smaller, have been gaining ground among homebuyers in Singapore, and have proliferated, with many being built in suburban areas. But the shoebox market in the heartland is 'untested', Mr Khaw said in Parliament, echoing earlier warnings from property consultants that it remains to be seen if tenants will bite. The minister also said the Government is 'monitoring the trend of shoebox units in Singapore' and will consider 'additional regulations'

2012 may 15 http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1201204/1/.html Shoebox investment apartments at risk of hard landing: analyst By Lynda Hong/Janice Wu | Posted: 14 May 2012 2128 hrs SINGAPORE: The number of small apartments, or shoebox units, in Singapore will nearly quadruple from 2,500 currently to 9,700 by 2015, the government said. Currently, about 8 out of 10 shoebox apartments are located in the city, appealing to singles and expats with lower transportation costs and travelling time to their workplace. But analysts question the appeal of shoebox units in the heartlands, where HDB flats are in abundance, providing more space for less rental. Cheaper mortgage rates and plenty of liquidity were pushing investors to property, but speculation may be waning. Since December's cooling measures, transactions of uncompleted units in the resale market dropped to four per cent, while the number of private residential properties bought by foreigners and

2012 may 9 Property Investment Tips Part III: Showflat 101 1. Never dress to the nines Looking like a million dollars doesnt help in bargaining for that million dollar property. You want to look as financially savvy as possible. The real rich does not need to flaunt their wealth. But dont go in your pjs. Just dress casually yet simple and tidy. Also, please dont ever drive your lambo or ferrari to the showflat. You are not selling your car nor yourself, there is nobody to impress. There are tons other more well heeled buyers there who will balk at your ostentious display. If you ONLY have those loud and lux cars, ask a friend with average car to drive you there and treat him kopi la. 2. Always wear loafers or sandals For obvious reasons. You dont wanna be fumbling with shoelaces and straps and want not... Easy come easy go. 3. Contact number If you actually enjoy receiving sms and/or calls from marketing agents to keep informed about new projects or resale opportunitie