Tag Archives: Suites @ Guillemard

‘Shoebox’ units may wilt under URA’s gaze

Recent applications for apartments below 300 sq ft understood to have been rejected

The new breed of ’shoebox’ private apartments may have caught the imagination, but don’t expect them to invade the housing landscape. Some may not even get the planning authority’s approval, going forward, if recent decisions are any guide.

Earlier this month, Singapore saw its smallest ever apartment unit – at 258 square feet – being put on the market at the Suites@Guillemard project. While this made headlines, BT understands that the Urban Redevelopment Authority (URA) recently turned down some applications involving apartments below 28 square metres (or about 300 sq ft).

Apart from the size, the layout of the proposed micro units may also have been a factor. For instance, if an apartment does not adequately provide for a kitchen, it may resemble a hotel room rather than a residential development.

When contacted, URA said that it does not stipulate that private housing units should be of a minimum size or that a development should have a certain mix of unit sizes. However, it said: ‘We have observed that some developers have been building smaller apartment units. Continue reading

Record high sales for small homes: CBRE

Developers provide for more units of 500 sq ft or less

A study by property consultancy CB Richard Ellis (CBRE) has confirmed what everyone suspected – small apartments have become more common. And their sales hit a record-high this year. But whether owners or tenants can get used to tighter living space is another matter, says CBRE.

The firm looked at caveats lodged between January and September and found that 412 new non-landed residential units measuring 500 sq ft or less had been sold – 38 per cent more than the 299 sold in the whole of last year.

The number of small units taken up has risen steadily for several years. In 2006 and 2007, 171 and 275 such apartments were sold respectively.

‘Developers are providing more of these small-format units and home-buyers are snapping them up, especially in 2009,’ said CBRE Research executive director Li Hiaw Ho. ‘The rise of small-format units has served to bolster overall transaction volume in the residential market.’ Continue reading