shoeboxmickeymousehouse

2013 jan 25 http://www.lifeedited.com/the-smartest-space-in-san-francisco/ (click for photos) The Smartest Space in San Francisco Some time ago we saw a video with Patrick Kennedy from the development company Panoramic Interests show us around their SmartSpace 166 sq ft prototype micro-apartment. We gave reports as their building at 38 Harriet St in San Francisco’s trendy SoMa district went up; it would feature 23-apartments, each measuring 295 sq ft. The building was going to be pretty exciting, incorporating many of the prototype’s interior features like transforming furniture and high quality finishes as well as an in-house car-share, solar-thermal hot water, rain water collection, LEED Platinum certification, common spaces and much more. These guys were doing it right. Well, 38 Harriet is ready! Unfortunately, we were unable to find any info about renting one yourself. Unfortunately, they’re all spoken for. All but one showroom apartment will be leased to The California Colle...

2013 jan 16 What will be the fate of shoebox apartments after the latest set of Cooling Measures? I believe they will still be in demand, if not more so. The keyword here is Quantum. Given a more or less fixed budget, if a buyer is going to be taxed more upfront, it makes sense to go for affordability since tax is levied as % of buy price. Again, here I emphasize the 3M winning formula. (M)rt (M)all (M)M Today I add another M to the formula: (M)ore GLS plots in the vicinity

2013 jan 12 A few reasons why MM as an asset class will never die. 1. Quantum - no further explanation needed 2. Affordability - to tenants. Pls do not even mention hdb, as it is like comparing apples and oranges. People craving for apple's will not suddenly say oh I will have an orange instead. 3. Proven track record - for the past 7 yrs, only up up and up some more 4. Best profit - for developers, so they will always try their best to squeeze in MM units in any project if max profits are what they are after. 5. Tax benefits - vs holding on to only one large property, the subsequent units of your multiple MM allows you to offset costs incurred already for first tenants. 6. Risk reduction - vs leasing out one large init, if A can't find a tenant, B, C and D still have or can. 7. Liquidity - spreading your eggs over a few MM is akin to introducing some better liquidity into your portfolio.

2013 jan 11 http://sbr.com.sg/residential-property/news/chart-day-resale-prices-shoebox-units-down Chart of the Day: Resale prices for shoebox units down Yet prices were higher in the overall market. Singapore Real Estate Exchange noted: Despite higher prices in the overall market, resale prices for shoebox units (<50sqm) fell slightly by 0.7% from $1,750 psf in Q3 to $1,737 psf in Q4. Transaction volume rose by 20.1%, albeit a relatively small market at 75 resale transactions in Q4.

2013 jan 10 http://www.lifeedited.com/comfortably-seat-ten-in-your-micro-apartment/ (click for photos) Of all the pieces of furniture in the LifeEdited apartment, none get more oohs and ahs than the Goliath Table. The table, made in Italy by Ozzio and distributed in the US by Resource Furniture, transforms from a 17″ deep console without leafs to 115″ dining room table with. Depending on how many of the five leafs you add, you can make the table appropriate for seating two, four, etc. In the cozy 420 LifeEdited space, it’s a critical piece of furniture, allowing us to easily host dinner parties for ten plus people. When not in use, we store the table under a breakfast bar made especially for the Goliath. The table is available in a number of durable finishes. Visit Resource Furniture’s website for full details. While the starting price of $3950 might strike many as a lot of money, consider that this table can effectively turn any room into a real dining room. Think about the cost o...

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