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Showing posts from March, 2013

Latest shoebox transactions

Check with Squarefoot Research regularly. http://www.squarefoot.com.sg/market-watch/shoebox-units#matching

Japanese micro apartments

http://shoeboxdwelling.com/2013/03/26/japanese-micro-apartments/ Japanese people know a thing or two about living small. It comes as no surprise that the nation overpopulating a tiny island is known for inventive approach to real estate. In this ABC report we can peruse an interesting overview of Japan’s small but very cool and beautiful dwellings and understand the logic behind their design.

D'nest impressions

I was absolutely impressed by the show suite for D'nest. The clever storage options like the hidden ironing board, ceiling storage compartment and baywindow storage were all very unique. Perhaps this is not new to CDL, the developer, but I must say it totally changed my perception of them. * thanks eastlover for the pix

Shopping in Comfort (by mndminister)

2013 mar 26 Shopping in Comfort by mndminister Lately, a couple of developers who have pushed for shoebox apartments and factories have turned their attention to push for shoebox shops. The URA has received applications from them proposing to build malls featuring mainly shoebox shops, with sizes as small as 9sqm. At 9sqm, the shop will be even smaller than a car park lot. In many cases, the number of proposed shops in their proposed redevelopments will end up more than 10 times the number of shops in the original malls! Small shops have a place in our retail landscape as they support our entrepreneurs and cater to certain trades, such as stationery shops, florists and moneychangers. But when they are the predominant shop type in a shopping mall, we have to be concerned about the viability of these shops and the shopping experience of the customers. If these shops are not suitable for most retailers, then the developers’ motive is probably to target individual property investors ...

Jade Residences - wonderful 2br shoebox layout

2013 mar 22 Wonderful 2br shoebox layout in Jade Residences

Smallest 2bc in Singapore. Oxley Edge 377sf!

2013 mar 20 Smallest 2br compact in Singapore. Oxley Edge 377sf!

An Amazing 240-Square Foot Apartment Works Like a Magical Jewelry Box

2013 mar 17 http://gizmodo.com/5991105/an-amazing-240+square-foot-apartment-works-like-a-magical-jewelry-box (click for pix) By Leslie Horn Did you think a 420-square-foot apartment sounded impossible to live in? Try 240-square-feet. Somehow, New York City architect Tim Seggerman renovated an Upper West Side space to make that postage stamp-sized space feel like work like magic. And he even made room for a washing machine! Seggerman started with a one-room studio that was in very rough shape. He crafted it into a "jewel box" with various compartments that seem like several different rooms. For example, there's a sleeping loft over the kitchen area. And hidden behind a sliding door is a library nook on one side. On the other is an elusive washing machine—a feature that even some of the largest NYC apartments lack. In spite of its size, it feels airy and open, with light-colored cypress and bamboo cabinets for storage, and white oak flooring. There's even a beautifu...

Are singles less deserving?

2013 mar 15 http://www.todayonline.com/business/property/are-singles-less-deserving By COLIN TAN 15 March Many singles have been waiting for months, some for years, but when it was finally announced that those among them aged 35 and above will soon be able to buy new flats directly from the Housing and Development Board (HDB), the details came as a big letdown. The singles have been eagerly awaiting the green light to buy three-room Build-To-Order (BTO) flats, if not larger ones. After all, the new three-room flats are clearly smaller than the existing three-room flats in older estates. So, when it was announced that they can only buy two-room flats, there was a huge collective groan. The views of a colleague who is single probably sum up the feelings of most singles. She asked whether singles are less deserving than other citizens. If so, the HDB should continue to bar singles from buying new flats. But, if singles are just as deserving as other citizens, the HDB should give wholeh...

Affordable new flats for Singles

2013 mar 8 Typical 2rm is 484sf. Shoebox living to totally take off! Singles, rejoice!

Tropika East 2bc shoebox

2013 mar 7 Tropika East compact 2bedder. Excellent layout!

Shoebox units may gain from new tax policy

2013 mar 2 MARCH 02, 2013 Shoebox units may gain from new tax policy Knight Frank says most shoebox units have annual gross rental of less than $55,000 BY MINDY TAN Shoebox units could benefit from the new tax policy which imposes a more progressive tax structure on residential homes, even as the investment appeal of high-end homes take a hit. Shoebox units typically command lower prices compared to bigger units in the same locations and as such are likely to benefit unless they are unable to find tenants, said Knight Frank in a report. This is because most shoebox units have annual gross rental of less than $55,000. "As the first $8,000 annual value (AV) will have 0 per cent tax rate compared to $6,000 AV currently and the next $47,000 AV will remain at 4 per cent tax rate, shoebox units are likely to experience lower payable tax under the new scheme if they are owner-occupied or leased out," said the consultancy. The new tax structure, which was announced on Feb...

Shoebox units lead gains in resale home prices

2013 mar 1 http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=%7B1044586947-16352-9391885398%7D Shoebox units lead gains in resale home prices By Esther Teo RESALE home prices inched up slightly in January with shoebox units posting the largest gains. Overall resale prices rose 0.3 per cent compared with the month before, according to flash figures from the Singapore Residential Price Index (SRPI) out yesterday. The index tracks a basket of completed non-landed projects. This reverses the 0.2 per cent fall in resale prices in December. Home prices rose across the board with the exception of non-central units which dipped 0.1 per cent. Prices of central units, excluding small units, gained 0.7 per cent. Small units did far better, rising 2.6 per cent. Experts say that despite the cooling measures in January, home-buying interest remains supported by low interest rates and positive leasing activity. Shoebox homes - defined by the SRPI as 506 sq ft and below - might have attr...

Banner year for small units in 2012

2013 mar 1 Banner year for small units in 2012 Transactions of small office, shop, and industrial units shone but more muted growth for shoebox apartments, reports ELAINE CHOW 2012 was the year when we saw a buying frenzy for small strata units across the property sectors, much of which was supply-led. Developers have been launching more mixed developments with small units in recent years. They have also come up with many creative designs and lifestyle concepts in an attempt to differentiate their projects from the competition. Given the low interest rate and high liquidity environment, these small units with their relatively affordable absolute price quantum were met with robust demand from both end-users and investors. There is no official definition of small units. For the purpose of this article HSR Property Consultants has made the following assumptions: Offices: Units with strata area of 100 sqm (1,076 sq ft) or less. Shops: Units with strata area of 15 sqm (161 sq ft) ...