shoeboxmickeymousehouse

http://m.sbr.com.sg/residential-property/news/how-affordability-crunch-urged-homebuyers-opt-smaller-sized-units Demand for big units has been gradually shrinking. Savills analysis of the caveats lodged from Q1/2012 to Q3/2013 shows that in the new sale segment, home buyers are now favouring smaller private non-landed homes islandwide, with sizes from >60 sq m to 80 sq m. Savills noted that the demand for these types of units has risen for three consecutive quarters from 17.7% in Q4/2012 to 28.2% in Q3/2013, registering almost 1 percentage point more than units sized ≤60 sq m, which include one- bedroom apartments and "shoe-box" units. At the same time, the percentages of relatively big units (>100 sq m) have been gradually shrinking since early this year. Here's more from Savills: Our analysis also reveals that the average price quantum for the units sized >60 sq m to 80 sq m was about S$ 1,100,000, while that of the bigger units of >100 sq m to 120 sqm was ab...

[SINGAPORE] At least 8,700 shoebox units are expected to hit the resale market between now and 2017, as the Seller's Stamp Duty (SSD) lock-in period approaches expiry. While this figure is more than double the current completed shoebox residential stock of 3,472 units, signs in the market suggest that demand for such resale units remains relatively resilient amid a slow-moving overall resale market. This figure, revealed in the latest report from the Singapore Real Estate Exchange (SRX), is predicated on a first wave of at least 805 resale units - comprising units bought between Aug 30, 2010 and Jan 13, 2011 - and a second wave of at least 7,910 units entering the market from 2015 to 2017. It also assumed that the first wave of units would be sold in the fourth year of acquisition, which attracts a 4 per cent SSD. This is a reasonable assumption given that these units have, on average, achieved capital gains of around 30 per cent over the three-year SSD lock-in...

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Assuming purchase price 1mil, gross yield 4%. Not bad at all for ccr which averages 3%.

This are the tenancy rates of the recently TOP Viento in Geylang near Dakota mrt.

Now that I have moved into yet another spanking new shoebox apartment, decorating and fixing stuff up from scratch, let me share some tips on living up the space to the fullest. 1. Go multi-purpose, multi-function Where space comes at a premium, every inch counts. You want to buy stuff that can perform dual, triple or more roles. Ikea has a lot of ready to use examples. Daybed - sofa, bed, storage rolled into one. Side table with storage.  Removable cover is also a serving tray. Pot holder, doubles up as table cloth. Chopping board, doubles up as placemats. Multi-cooker, steam, boil, cook rice at one go. Available in qoo10. Multi-function scissor - knife, scissors, can opener 2. Make use of vertical space Hangs over doors Fix a drop leaf table to the wall. Mount two heavy duty hooks onto the wall on either side of the table to hang up both folding chairs when not in use. 3. Foldable, stackable, nestable pieces s...