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TOP 101

2012 feb 28 Property Investment Tips Part I: TOP 101 How do you know if your precious new home is about to be ready for key collection? 1. Check the sales brochure Usually on the last page or so, there will be Building Plan Approval number A1234-00567-2011 or something similar. Note this down. If you don't have the brochure, or lost it, or because you bought subsale and the owner wanted to keep for memento, don't fret. If you are clever, you would have thought of downloading the brochure softcopy online at property launch sites like, well what else, www.propertylaunch.sg for example... 2. Check the construction site board If you don't have internet (???) or simply refuse to touch electronics (how on earth are you here reading this then??), then take a stroll to your beloved project construction site and take a look at the white board with black words on it. This is usually sited right beside the main gate of the site. Some fishy developers (either cause proje...

'Swiss army' style apartment

2012 feb 24 http://shoeboxdwelling.com/2012/02/24/swiss-army-style-apartment/ This New York studio renovation is an extraordinary account of human ingenuity. A tiny 550 square feet Gramercy apartment with an awkward layout, typical for old prewar buildings, has been turned into a spacious multifunctional pad. The square footage hasn’t changed, but what a transformation! The place now includes a fully functional living room, bedroom, children’s room, home office, even a dining room (which can seat 7 people!). And, of course, storage. Lots of it. Rob Monahan, the owner and the creative force behind the project, has built most of the elements himself. The wall unit, containing essential storage, took over a year to complete. Rob worked on it 2-3 hours a day after coming home from teaching elementary school science. “The measurements were exact to the 16th of an inch, – he says. – This was necessary because I wanted to do as much cutting as possible outside of the apartment. I would hav...

Prices of small apartments rising fast

2012 feb 2 Official numbers have revealed a rise in prices of small apartments – at almost double the speed of larger apartments. Location is still a differentiating factor and in general, property experts are not expecting the prices to drop too drastically. Prices for small apartments islandwide as well as for larger apartments outside the Central Region rose about twice as fast as prices of larger apartments in the Central Region last year. This trend, while similar to the one in 2010, was more pronounced last year. According to flash estimates released by the National University of Singapore for its Singapore Residential Price Index (SRPI) series, the sub-index for small apartments islandwide (up to 506 square feet) rose 11.8 per cent for the whole of 2011. Central Region comprises Districts 1-4 (which includes the financial district and Sentosa Cove) and the traditional prime residential districts of 9, 10 and 11. The overall SRPI rose 9.2 per cent last year. SRPI tracks pric...

Property Porn of the Week: A Super Designed 200sf shoebox apt

2012 jan 24 http://www.forbes.com/sites/morganbrennan/2012/01/23/property-porn-of-the-week-a-super-designed-200-sq-ft-shoebox-apartment / As of 2009, the median home size for the typical urban household in the Northeast was 1,500 square feet, according to the National Association of Home Builders. And in New York City even that much space can be hard to come by. Take the $345,000 apartment for sale at 344 West 12th Street. The West Village studio apartment is barely 200 square feet in size. You might expect to find a cramped, cluttered dorm room of a home encompassing such humble dimensions, and if we were talking about my former digs (I actually inhabited a 225-sq. ft. studio for two years), you would be correct. But the difference between this tiny unit and, say, my former 1970s-era shoebox unit, is that this one is designed right. “I’ve been calling it the ‘Small Wonder’ because it’s a small apartment, but it packs a punch in terms of storage options, creativity, and the desi...

2011 May be Another Shoebox Units Record Sales Year

From sbr 2011 may be another shoebox units record sales year A total of 1,867 shoebox units were transacted in the first 3 quarters of 2011 which is near the 1,999 record high the previous year. The total shoebox apartment transactions based on data from URA REALIS cover developer sales, sub-sales and resale. According to R’ST Research, Spottiswoode 18, Skysuites@Anson and The Interweave accounted for the largest primary sales of micro apartment projects in the first three quarters of 2011, whereas Alexis, The Clift and Prestige Heights chalked up the largest sub-sale of micro apartment transactions.

Shoebox apartments continue to grow in popularity

2011 nov 24 http://www.property-report.com/shoebox-apartments-continue-to-grow-in-popularity-17626 Shoebox apartments first arrived on the Singaporean property scene in 2009 and have been popular sellers ever since. In 2010 1,999 shoebox units were sold compared to 1,841 in the first 3 quarters of 2011. The second quarter of 2011 witnessed a record high of 880 shoebox apartments sold. The third quarter slipped to 440 units sold but this is down to fewer project launches and an economic downturn. In the first 3 quarters of 2011 Spottiswoode 18, Skysuites@Anson and The Interweave accounted for the largest primary sales of shoebox units, whereas Alexis, The Clift and Prestige Heights chalked up the largest sub-sale of shoebox units. The outlook for the first half of 2012 looks promising for shoebox units. Homebuyers who are waiting to see what will happen with the economic downturn could potentially jump at the chance to make a residential purchase in 2012. Potential homebuyers are unl...