shoeboxmickeymousehouse

Seems like de facto psf for resale/subsale shoeboxes have become 1600 psf minimum. 16 SEP 2013 THE SCALA 484sf 1,610psf 17 AUG 2010 1,387 107,932 1,126 5 12 SEP 2013 AIRSTREAM 334sf 1,612psf 11 SEP 2009 1,141 157,314 1,462 9 10 SEP 2013 JUPITER 18 388sf 1,600psf 18 OCT 2010 1,353 95,836 1,058 6 6 SEP 2013 THE SCALA 474sf 1,600psf 13 AUG 2010 1,265 158,790 1,120 8 6 SEP 2013 PARC SOMME 441sf 1,600psf 25 MAY 2010 1,288 137,592 1,200 6.8

98 units of Water Edge @ Geylang 177 units of Cube 8 52 units of Jool Suites 5 units of 77 Lor K Telok Kurau 1040 units of The Interlace 229 units of The Laurels @ Cairnhill 12 units of First Point Suites 66 units of Redwood @ Paya Lebar 47 units of Centra Loft

Prices of small condo units up again BY MINDY TAN TANMINDY@SPH.COM.SG [SINGAPORE] Prices of small completed private apartments (up to 506 sq ft) climbed for the second month in a row to hit a new peak in August, according to the latest flash estimate from the National University of Singapore (NUS). Market watchers agree that the data - the Singapore Residential Price Index (SRPI) for small units rose one per cent in August, following a 2.1 per cent climb in July - suggests that buyers are gravitating towards smaller homes. Given that the absolute quantum of these smaller format units are relatively affordable even after factoring in the effect of the Total Debt Servicing Ratio (TDSR), it is not surprising that they are favoured by buyers and entry-point investors, said Donald Han, managing director of Chesterton Singapore. The brisk sales witnessed at CapitaLand's Sky Vue attests to this. The development, which was launched the previous weekend, saw 410 of th...

Shoebox units help Sky Vue sell 85% of units launched Good response fuels hopes of pick-up in market sentiment By grace leong gleong@sph.com CAPITALAND'S reversal of its former CEO's stand against shoebox units appears to have paid off. The company, which is now led by Lim Ming Yan following the retirement of Liew Mun Leong, said the initial sales launch of Sky Vue at Bishan Central saw 430 units sold out of 505 units released for sale this past weekend. The strong response fuelled cautious hopes of a pick-up in market sentiment following several rounds of property cooling measures. The property giant sold 410 units at an average price of $1,500 per square foot (psf) on Saturday, the first day of sales, plus 20 more yesterday, with one- bedroom and two-bedroom units being the most popular. This compares with 90 units sold this past weekend at Thomson Three, bringing the total to 250 sold out of 320 units released to date, according to a UOL spoke...

NEWS ANALYSIS CapitaLand's not-so-small about turn Developer relents in building shoebox units to appeal to cash-tight buyers Published on Sep 25, 2013 By Melissa Tan MARKET forces appear to have brought about a sea change at CapitaLand, whose former boss once famously decried shoebox units as being "almost inhuman". The giant developer is now building homes that are smaller than 500 sq ft - shoebox size, in other words - to lure buyers seeking lower total price quantums. Gone, too, are brand-name foreign designers for its residential projects. This departure is most clearly seen in its Sky Vue development in Bishan, which will be the true test of its new strategy when the project goes on sale this weekend. The 694-unit project includes units as small as 484 sq ft and is designed by a local firm, DCA Architects. That stands in stark contrast to Sky Vue's pricier next door neighbour Sky Habitat, which CapitaLand launched in April last year. The ...