shoeboxmickeymousehouse

http://www.propertyguru.com.sg/property-management-news/2014/12/76998/shoebox-units-surfacing-in-auctions Nine shoebox units were put up for mortgagee sale in 2014, according to a report by Colliers International. These small units at various locations such as Geylang, Woodlands, and Haig Road are generally priced below $1 million. Considering there were no mortgagee listings for shoebox units in the past four years, the report said this notable trend reflects the widespread effects of the cooling measures and tightened credit rules. Colliers International’s Director of Auction and Sales Annie Chan said, “Besides singles and couples with no kids, investors are also drawn to shoebox apartments due to their relatively-affordable price quantum.” However, investors who are servicing multiple loans may have faced difficulties in the increasingly-competitive leasing market. “As such, those who are unable to secure tenants or have been hard-pressed to accept...

http://www.propertyguru.com.sg/property-management-news/2014/12/78116/analysts-expect-shoebox-rents-to-drop-5-10- Property analysts expect rentals of shoebox apartments to fall by five to ten percent in the coming years, on the back of an expected increase in supply, reported the media. Notably, around 6,200 shoebox units are slated to be completed over the next two years. This is a record number compared to the yearly average of 3,000 units during the last decade, said property consultant SLP International. SLP noted shoebox units located near MRT stations or within the city centre would enjoy better rentals compared to others. “Those shoebox developments that are located away from the city or MRT stations, I think they will not be doing very well in terms of their rental demand,” said Nicholas Mak, Executive Director of research & consultancy at SLP International. “And furthermore, if they are located within the suburban areas where typically family uni...

Nine shoebox units were put up for mortgagee sale in 2014, according to a report by Colliers International. These small units at various locations such as Geylang, Woodlands, and Haig Road are generally priced below $1 million. Considering there were no mortgagee listings for shoebox units in the past four years, the report said this notable trend reflects the widespread effects of the cooling measures and tightened credit rules. Colliers International Director of Auction and Sales Annie Chan said, “Besides singles and couples with no kids, investors are also drawn to shoebox apartments due to their relatively-affordable price quantum.” However, investors who are servicing multiple loans may have faced difficulties in the increasingly-competitive leasing market. “As such, those who are unable to secure tenants or have been hard-pressed to accept lower rents may find it a stretch to service their mortgage. This may then result in default in their monthly mortg...

7 units of 43 Lor 22 Geylang, Evergreen Residences. 117 units of 308 Telok Kurau Rd, Vibes @ East Coast. 78 units of 8 Lor 7 Geylang, Centra Residence. 25 units of 60 Somme Rd, Le Somme. 58 units of 173 Jalan Loyang Besar, Oceanfront Suites. 156 units of 18 Anderson Rd, Nouvel 18.

78 units Sims Edge 602 units Blossoms Residences 52 units The Peak @ Cairnhill 37 units The Lush @ Katong 71 units Suites @ Bt Timah 147 units Riverbay 36 units Vibes @ Kovan 200 units Waterscape @Cavenagh 295 units The Vision

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http://www.businesstimes.com.sg/arch...8-may-20140701 "Prices of small apartments and condo units (up to 506 sq ft) islandwide climbed 0.8 per cent in May - against April's one per cent decrease. Year-on-year, the drop is 3.1 per cent. This is the smallest decrease of the four indices." ... "For example, take URA's Core Central Region (CCR), which most observers are very negative about. In May, the average transacted resale price for units 70 sq metres and below, actually went up 6.9 per cent year-on-year. It is only for units larger than 70 square metres (753.47 sq ft) that recorded a 5.4 per cent price decline." Published July 01, 2014 NUS price index for private homes up 0.8% in May Increase marks first gain for Overall SRPI after 9 consecutive months of declines By Kalpana Rashiwala kalpana@sph.com.sg @KalpanaBT NATIONAL University of Singapore's (NUS) price indices for completed non-landed private homes rose month on month in...

https://play.google.com/store/apps/details?id=sg.gov.ura.mp.MP

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My 2c: 1. Really ambitious developer or marketing team. Dare to price reference alongside Keppel Bay projects. They are totally different worlds. 2. Nice suspended sky pool 35m long. 3. High 3.2m ceiling. 4. Very spacious master bathrooms. 5. Dont like time limited finishing options sales tactic eg. for free Marble flooring and glass partition panels for bedroom. 6. Piped in encased aircon is nice touch. 7. Developer track record in question. 8. 2000psf for mid floor one bedder is... WOW. 9. Verdict: Find better value elsewhere.

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http://www.propertyguru.com.sg/property-management-news/2014/4/37715/Condo%20developers%20are%20downsizing%20units:%20report?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-29Apr2014&utm_content=links Property developers are building smaller condo units as they compete to keep prices affordable amid tougher market conditions and the government's loan curbs, revealed a Knight Frank study reported in the media. “It appears that there is a reduction in the variety of size ranges since the implementation of the Total Debt Servicing Ratio (TDSR) framework,” said Alice Tan, Research Head at Knight Frank. For instance, five-bedders shrank the most with average sizes of the biggest units dropping from 2,035 sq ft to 1,569 sq ft, while the smallest units in this configuration shrank from 1,605 sq ft to 1,505 sq ft. The next most sizeable reduction was seen in two-bedders. The average size of the largest units decreased from 973 sq ft to 864 sq ft in a o...

http://www.propertyguru.com.sg/en/property-management-news/2014/4/37704/Small%20private%20homes%20popular%20with%20HDB%20dwellers?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-25Apr2014&utm_content=links

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http://www.propertyguru.com.sg/en/property-management-news/2014/3/37552/Sales%20rise%20for%20small%20units%20up%20to%20800%20sq%20ft?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-25Mar2014&utm_content=links

https://www.youtube.com/watch?v=dFTTXoqFmj8&feature=youtube_gdata_player

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http://www.channelnewsasia.com/mobile/business/singapore/ura-tightening-measures/1016788.html?cid=TWTCNA&utm_source=dlvr.it&utm_medium=twitter

By Melissa Tan More Housing Board (HDB) flat dwellers buying private homes are opting for shoebox units, likely as investments, according to a report by consultancy DTZ on Wednesday. A record 13.3 per cent of all private home purchases by people with HDB addresses last year were for shoebox units, which are homes of 500 sq ft or less. These transactions were mainly at projects such as Bartley Ridge at Mount Vernon Road, J Gateway in Jurong East and D'Nest in Pasir Ris, the consultancy said. "Given that most HDB flats are larger than 500 sq ft, these shoebox purchases by HDB addressees are not likely to have been purchased by HDB upgraders looking at owner-occupation and are more likely for investment," DTZ said. http://www.straitstimes.com/breaking-news/money/story/more-hdb-dwellers-buying-shoebox-homes-dtz-20140226

http://www.propertyguru.com.sg/property-management-news/2014/2/37357/Sales%20of%20smaller%20units%20decline?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-14Feb2014&utm_content=links

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Wow. 5M now:- MM Mrt Mall Masterplan Menopaused ;) http://sbr.com.sg/residential-property/news/hillford-sells-out-in-5-hours

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