Tag Archives: Suites @ Guillemard

URA and HDB should study this trend

‘Mickey mouse’ flats

‘URA and HDB should study this trend and its implications for the floor areas of future HDB and private flats.’

MR LOO FOOK KAY: ‘The growing trend of shoebox apartments is the result of growth of income lagging behind the growth of assets like real estate (‘Buyers pounce on ‘mickey mouse’ flats‘, Sunday). URA and HDB should study this trend and its implications for the floor areas of future HDB and private flats. In my opinion, shoebox apartments are a sign of prosperity plus inflation in real estate prices. Other shoebox cities like Hong Kong and Tokyo are all prosperous.’

Source : Straits Times – 23 Oct 2009

Lure of ‘shoebox’ flats

Affordability of such units – some the size of 21/2 carpark lots – is the main lure

Vutton is a 21-storey condominium in Akyab Road whose smallest flat is a 1-bedroom 484 sq ft flat. — PHOTO: HUTTONS REAL ESTATE GROUP

What do you call an area equivalent to 21/2 carpark lots?

An apartment, covering 258 sq ft.

Such units were among apartments of various sizes put up for sale at the Suites@Guillemard pro-ject in Guillemard recently.

The cost of the small unit? $374,000 or $1,450 psf – and all four such units were snapped up.

They might well be Singapore’s smallest private apartments, beating out a 312 sq ft unit at Kent Residences near Farrer Park, which made the news in June last year. Continue reading