Shoebox units, which are no more than 500 sq ft in size, are gaining in popularity with home buyers, given their lower prices. In fact the URA (Urban Redevelopment Authority) has forecast supply of small units to grow to 8,200 by end-2015 from just 2,400 presently.
As such, property developers are integrating space-saving features into their new projects to further maximise living and storage space.
For instance, City Developments Limited (CDL) is incorporating a unique storage space design at The Palette, its condo development in Pasir Ris. One-bedder apartments at the project range in sizes from 495 sq ft to 700 sq ft.
CDL is “always looking into exploring new ideas where space saving is key,” said Project Manager Allen Ang.
One innovation that stands out is a customised hinge system that prevents storage covers from slamming. While it’s still patent-pending, the new feature has been a hit with customers.
Meanwhile, Far East Organization has introduced enhancements into its newly launched Hillsta project, which offers a mix of condo, Soho and townhouse units.
Located in Choa Chu Kang, a one-bedroom Soho unit ranges from around 540 sq ft to 600 sq ft in size and features a 3.4 metre floor to ceiling height. Home buyers may opt to include a platform to accommodate a bed.
Source: PropertyGuru – 10 May 2012