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Thread: Shoes box apartment

  1. #11
    Join Date
    May 2010
    Posts
    518

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    Quote Originally Posted by condo_noob
    Hello guys,

    ANyone knows about shoesbox apartment??? I heard about this via google but there are not much info about that. Any idea where exactly shoesbox apartment are?? and how much do they cost normally?

    THX


  2. #12

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    Quote Originally Posted by azeoprop
    In Singapore's context it is generally defined as an apartment of less than 500sqft. Pricing varies from 3xxk to over a million, depends on location.

    In today's context 3xxk are very hard to come by, the last project that I know of in this price range was PARC RRosewood @ Woodlands in Jan 2012...

  3. #13

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    Quote Originally Posted by Trapping-bird
    They are apartment that are like shoe box. Rectangular in size and sometime smelly as owner put in old shoe. They are cheap , typically cost only $30 per piece.

    Hope it helps .

    Shoebox apartment also called Mickey Mouse, is big enough to be stayed by Rat..........
    I m MM

  4. #14

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    thx guys for the info...

    So I bet it's basically some app that is small and expensive because of certain location.

  5. #15

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    A detailed analysis of shoebox units.

    http://www.squarefoot.com.sg/market-watch/shoebox-units

  6. #16
    Join Date
    Jun 2007
    Location
    D15
    Posts
    5,095

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    dun laugh too early yet. MM will have explosive demand come 25 Dec 2012. The prices are set for a strong surge upwards into the region of S$2000psf!

  7. #17
    Join Date
    Feb 2011
    Posts
    8,926

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    why Christmas? Mr BJ Er Lang Shen
    Ride at your own risk !!!

  8. #18

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    Ive been there! Stayed in a king harbour room with hubz, the little one & mil. We chose the bed & breakfast package for 3 adults. Check in & out was a breeze.

  9. #19

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    i feel often people buy shoebox unit for investment... Imagine a 700sf versus a 400sf 1 bedroom shoebox unit, the price will be among double based on psf. However, rental often not much difference. Try asking another $500 because the unit is a 300sf bigger in size? The shoebox unit master room often pretty decent size. can fit a queen size bed.

    The Shoebox unit often can have rental yield of about 4%. Orchard typical unit now is about 2.x%. Commercial property however, often give best rental yield of more than 5%.

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