If you are thinking of investing in small apartments measuring less than 500 sq ft because they are cheaper, you may want to think again, according to property experts. As there are only a few "shoe box" housing units available on the market, and with a popularity that's still in the early stages, analysts said the returns on investment in these properties could be limited. "This is a non-standard...
Small-sized Apartments
Sales of small non-landed private properties in Singapore have hit an all-time high, even before the year has ended. According to property consultant CB Richard Ellis, 412 units with a size of 500-square-feet or smaller have been sold this year so far. This is a stark contrast to 1995, when just one unit of that size was sold. CBRE said it has seen a rising trend in the popularity of such small homes -...