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
A neutral, non-biased repository of useful information on shoebox (small format or mickey mouse) homes in Singapore (and sometimes around the world). Tracking the Singapore small format homes market since 2009.