shoeboxmickeymousehouse

Resale private home prices continued to soften in October as new projects lured buyers away from the secondary market. Overall prices of resale private homes fell 1.2 percent last month based on flash estimates of the NUS Singapore Residential Price Index (SRPI). This is in comparison to the 0.9 percent decline seen in September. Prices of resale homes in the central region (excluding small units) dropped 1.4 percent, while those outside the central region dipped one percent last month.  Meanwhile, small units or units with floor areas of 506 sq ft or below saw prices drop by 0.2 percent.   Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories emailromesh@propertyguru.com .

http://www.propertyguru.com.sg/listing/16095736 Mix of old and new. Love it!

http://www.propertyguru.com.sg/listing/16276127 Interesting concept.

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http://www.propertyguru.com.sg/property-management-news/2013/11/36923/Sales%20of%20shoebox%20units%20most%20active%20in%20suburbs With its lower price quantum and higher rental yields, shoebox units or units that are 50 sq m and below are gaining popularity particularly in the Outside Central Region (OCR), according to a Knight Frank report.During the first nine months of 2013, the OCR accounted for 53.3 percent of new sale shoebox transactions. The report noted that this proportion "spiked to 78.7 percent in Q3 2013 due to strong sales at J Gateway, which had 223 caveats lodged for shoebox units in the quarter". The OCR also registered the highest increase in prices, with the average psf price rising 10.7 percent to S$1,523 psf. Prices of high-end shoebox units in the Core Central Region (CCR) climbed by 2.2 percent to S$2,322 psf, while mid-tier shoebox units in the Rest of Central Region (RCR) rose 8.8 percent to S$1,640 psf.The rise in prices has narrowed the price ga

Good layout, despite balcony being as big as living room.

The average price is over $1m. Savills' analysis of the caveats lodged from Q1/2012 to Q3/2013 shows that in the new sale segment, home buyers are now favouring smaller private non-landed homes islandwide, with sizes from >60 sq m to 80 sq m. Here's more from Savills: The demand for these types of units has risen for three consecutive quarters from 17.7% in Q4/2012 to 28.2% in Q3/2013, registering almost 1 percentage point more than units sized =60 sq m, which include one-bedroom apartments and "shoe-box" units. At the same time, the percentages of relatively big units (>100 sq m) have been gradually shrinking since early this year. Our analysis also reveals that the average price quantum for the units sized >60 sq m to 80 sq m was about S$ 1,100,000, while that of the bigger units of >100 sq m to 120 sqm was about $ 1,490,000. These findings suggest that there were a number of buyers who entered the market, had their budgets crimped by