shoeboxmickeymousehouse

2012 oct 29 http://sbr.com.sg/residential-property/news/you-wont-believe-costs-small-apartments-rose-much You won't believe costs of small apartments rose this much It's an uphill climb. According to resale price index release by National University of Singapore's Institute of Real Estate Studies, overall prices rose 0.6% in September compared to August data. Units in the Central region, exclusive of small ones, saw price hikes of 0.4% while those in the non-Central region saw 0.9% price hikes. Small units rose 1.4% compared to August data. The National University of Singapore (NUS) Singapore Residential Price Index Series (SRPI) is a transactions-based index that tracks the month-on-month price movements of private non-landed residential properties in Singapore.  Developed by a team of researchers at IRES, the SRPI provides a resource for the development of property derivatives that would help to expand the suite of financial products offered in Singapore, particular...

2012 oct 18 http://sbr.com.sg/residential-property/news/singaporeans-work-longest-hours-among-top-cities Singaporeans work the longest hours among top cities More than 8 hours of work a day boosts shoebox popularity. According to recent study by Savills, shoebox units appeal most to young working population. It argues that as economies have undergone a structural shift from manufacturing to services, economic activity has become increasingly concentrated in core locations, putting a strain on often overburdened transport networks. The need for convenience, it said, often as a result of longer working hours (particularly true of global financial markets) has also helped to bolster the popularity of living close to work. "This shift has been made much easier by steadily improving 24/7 social infrastructure, allowing a level of convenience only dreamt of by parents and grandparents. Twenty-four hour convenience stores, take-away services, lifestyle coffee shops to relax in an...

2012 oct 18 http://sbr.com.sg/residential-property/news/phenomenal-rise-shoebox-units-in-singapore The phenomenal rise of shoebox units in Singapore Shoebox prices are presently commanding a 33.5% premium over all non-landed property values. According to Savills Research, in Singapore, the definition of a shoebox unit is confined to size. The Minister of National Development blogged that it is an apartment of less than 500 sq ft; however, there are others who believe that it should include units of up to 700 sq ft. The Urban Redevelopment Authority (URA), in its latest planning guidelines computing the maximum number of dwelling units on development land, uses 753 sq ft, but did not say explicitly that this refers to shoebox units. For the purposes of this report, the definition of a shoebox unit will be taken to mean units of less than 500 sq ft. Shoebox units started to take root in the latter half of the last decade. The completed apartments currently hitting the leasing m...

2012 oct 18 Shoebox Units - a weight loss story. Click link to read PDF: http://www.squarefoot.com.sg/phocadownload/sep-12-shoebox-units.pdf

2012 oct 18 http://www.facebook.com/notes/property-edge/bt-reports-buyers-in-asian-cities-more-open-to-shoebox-units-by-mindy-tan/534971729862743 Buyers in Asian cities more open to shoebox units These apartments command higher per sq ft values in Singapore BY MINDY TAN Property buyers in Asian cities such as Hong Kong, Singapore and Japan have been quicker to embrace designer shoebox apartments than their counterparts in old-world cities such as Sydney, London and New York. In Singapore, the lure of such apartments - defined as units of below 500 sq ft - comes from their higher per-square-foot values. A Savills World Research report said shoebox units are worth S$1,547 psf, giving them a 33.5 per cent premium over all non-landed property values. When rented out, such units command significantly higher rates; the average rent is now above S$6.50 psf a month, versus S$4.20 psf a month for units of between 501 sq ft and 1,500 sq ft. While the take-up for new shoebox units - which averag...

2012 oct 17 http://www.savills.co.uk/research_articles/141285/142893-0 The rise of the shoebox unit Old stereotypes are swept aside as this new concept catches on. 17 October 2012, Words by Yolande Barnes We note a rising trend in many cities towards smaller apartments, not just a bit smaller either, but much smaller. This new generation of small units is emerging in world cities across the globe, but is distinct from the shoebox units of the past. In Singapore, 300-sq ft units are being developed in quite substantial numbers, while in Hong Kong, 250-sq ft to 300-sq ft apartments are becoming more common in central locations. Tokyo has long had a reputation for compact quarters and apartments of 200 sq ft to 350 sq ft are the mainstream in the single-occupier rental market. Some older projects even offer units of 80 sq ft. In London, studios as small as 250 sq ft have been available in areas such as Bloomsbury since the 1930s but now specialist developers are starting to build exp...

2012 oct 13 Recent COMPLETED shoebox RESALE transactions, from URA: THE COTZ TELOK KURAU ROAD Apartment 1 660,000 452 Strata 1,460 Oct-12 PARC HAVEN LORONG LIMAU Apartment 1 590,000 452 Strata 1,305 Sep-12 THE COTZ TELOK KURAU ROAD Apartment 1 599,000 409 Strata 1,464 Sep-12 CASA AERATA LORONG 26 GEYLANG Apartment 1 580,000 420 Strata 1,382 Sep-12 CITY REGENCY ST. MICHAEL'S ROAD Apartment 1 658,000 484 Strata 1,358 Sep-12 CASA AERATA LORONG 26 GEYLANG Apartment 1 572,000 420 Strata 1,363 Sep-12 TREVISTA LORONG 3 TOA PAYOH Condominium 1 755,000 463 Strata 1,631 Sep-12 OPAL SUITES OPAL CRESCENT Apartment 1 540,000 398 Strata 1,356 Sep-12 CASA AERATA LORONG 26 GEYLANG Apartment 1 572,000 441 Strata 1,296 Sep-12 CENTRA SUITES LORONG 25A GEYLANG Apartment 1 650,000 420 Strata 1,548 Sep-12 CASA AERATA LORONG 26 GEYLANG Apartment 1 560,000 441 Strata 1,269 Sep-12 CENTRA STUDIOS LORONG 25 GEYLANG Apartment 1 580,000 344 Strata 1,684 Sep-12 THE VERVE JALAN RAJAH Apartment 1 6...