View Full Version : Shoebox units and developers
sorry folks.. not sure if this topic has been posted before recently.. but does anyone know where we can find the full list of developments with MM units? i tried to google and search on ura, squarefoot etc but can't find a comprehensive list of developments featuring MM.
based on ura reports, the stock of completed shoebox units will increase more than 4 fold from 2,400 units at end 2011 to about 11,000 units by end 2015.
wad are the developers that are known for their devotion to shoebox developments? those that came across my mind are world class, roxy, fragrance...
with CM7, i think i need to rethink my strategy of buying a 2 bedder for investment and i'm now thinking of focusing on MM or 1 bedder.. moolahs no enuff.. :(
any kind souls out there can enlighten me? any advice is much appreciated! :cheers4: :)
sorry folks.. not sure if this topic has been posted before recently.. but does anyone know where we can find the full list of developments with MM units? i tried to google and search on ura, squarefoot etc but can't find a comprehensive list of developments featuring MM.
based on ura reports, the stock of completed shoebox units will increase more than 4 fold from 2,400 units at end 2011 to about 11,000 units by end 2015.
wad are the developers that are known for their devotion to shoebox developments? those that came across my mind are world class, roxy, fragrance...
with CM7, i think i need to rethink my strategy of buying a 2 bedder for investment and i'm now thinking of focusing on MM or 1 bedder.. moolahs no enuff.. :(
any kind souls out there can enlighten me? any advice is much appreciated! :cheers4: :)it might interest you to know that those number of units quoted are SOLD and already OWNED. So if you worry of oversupply, nothing to worry as URA has helped to cut the MM future supply.
Consider anything that is at least 350sqft and above, best if is 1 bedder (1 proper room and 1 living room). Look at the layout. A 366sqft unit with no balcony or huge AC ledge could have more livable area than one that is 4xx sqft but has a huge AC ledge and huge balcony.
As what many has pointed out, LOCATION is the KEY!
MRT + MALLS + MM = Huat!
to me is
MRT + MALLS + MBS + MM = Huat Huat!
MBS means near MBS lah, meaning near downtown, 5km radius from MBS!
it might interest you to know that those number of units quoted are SOLD and already OWNED. So if you worry of oversupply, nothing to worry as URA has helped to cut the MM future supply.
Consider anything that is at least 350sqft and above, best if is 1 bedder (1 proper room and 1 living room). Look at the layout. A 366sqft unit with no balcony or huge AC ledge could have more livable area than one that is 4xx sqft but has a huge AC ledge and huge balcony.
As what many has pointed out, LOCATION is the KEY!
MRT + MALLS + MM = Huat!
to me is
MRT + MALLS + MBS + MM = Huat Huat!
MBS means near MBS lah, meaning near downtown, 5km radius from MBS!
yes your point resonates with me.. tat's why i'm changing my focus from 2 bedder to MM or 1 bedder instead..
do u know where i can get a list of all those developments that already have shoebox units and those tat's going to TOP by 2015 (2.4k existing and 11k by 2015)? thanks...
yes your point resonates with me.. tat's why i'm changing my focus from 2 bedder to MM or 1 bedder instead..
do u know where i can get a list of all those developments that already have shoebox units and those tat's going to TOP by 2015 (2.4k existing and 11k by 2015)? thanks...No idea, but you can browse through Propertyguru by selecting some of their search settings.
http://tinyurl.com/apoge2g (http://tinyurl.com/apoge2g)
http://tinyurl.com/a74qvch
All pte non-landed MM that are within 5km radius from MBS!
with CM7, i think i need to rethink my strategy of buying a 2 bedder for investment and i'm now thinking of focusing on MM or 1 bedder.. moolahs no enuff.. :(
any kind souls out there can enlighten me? any advice is much appreciated! :cheers4: :)
If I were you, I rather invest in a studio apt in a mainstream development where real families live.
MM developments attract MM tenants. You don't want to buy into an estate where your neighbors are freelancers, KTV hostesses, bangla workers etc.
Of course if the MM units sell for cheap, that's another issue. ;)
http://tinyurl.com/a74qvch
All pte non-landed MM that are within 5km radius from MBS!
I think nothing to do with MBS lah. Its the town factor.
MBS happens to be located in Town not Town happens to be located around MBS. Apartments around the area are of course expensive... they are in town.
Casinos are generally considered unsavoury places only slightly higher in status than a place of ill repute.
Having said that, Casinos did boost the property market not directly but indirectly and generally across the market. Not by its proximity but by its presence in Singapore.
If I were you, I rather invest in a studio apt in a mainstream development where real families live.
MM developments attract MM tenants. You don't want to buy into an estate where your neighbors are freelancers, KTV hostesses, bangla workers etc.
Of course if the MM units sell for cheap, that's another issue. ;)
.....wah banglas moving into MM? really ah?
If I were you, I rather invest in a studio apt in a mainstream development where real families live.
MM developments attract MM tenants. You don't want to buy into an estate where your neighbors are freelancers, KTV hostesses, bangla workers etc.
Of course if the MM units sell for cheap, that's another issue. ;)
Nope, those occupations listed, they look for apt that are usually cheap anyway. Usually are big units with many rooms. Mm dont fit this category.
I think nothing to do with MBS lah. Its the town factor.
MBS happens to be located in Town not Town happens to be located around MBS. Apartments around the area are of course expensive... they are in town.
Casinos are generally considered unsavoury places only slightly higher in status than a place of ill repute.
Having said that, Casinos did boost the property market not directly but indirectly and generally across the market. Not by its proximity but by its presence in Singapore.
Yah lah, i just mbs to make it ryhme into the 4 M. Yes it is the town factor and the cbd factor.
Yah lah, i just mbs to make it ryhme into the 4 M. Yes it is the town factor and the cbd factor.
Haha.... ok l see, artistic licence.... sounds good
If I were you, I rather invest in a studio apt in a mainstream development where real families live.
MM developments attract MM tenants. You don't want to buy into an estate where your neighbors are freelancers, KTV hostesses, bangla workers etc.
Of course if the MM units sell for cheap, that's another issue. ;)
yes yes, i'm scouring through all developments with MM.. not concentrating on developments with only MM. sheesh.
I would think singles or at most couples will be renting a MM unit. Would they mind staying in a bigger project which comprise of many bigger families with kids?
yes yes, i'm scouring through all developments with MM.. not concentrating on developments with only MM. sheesh.
Yes, but why the haste? Don't u know they are throwing out 200k units? :)
Yes, but why the haste? Don't u know they are throwing out 200k units? :)
never knew it's too early to start research :doh:
Yes, but why the haste? Don't u know they are throwing out 200k units? :)
Don't you know more than half of the number won't be on the market till 2018 at least?
Don't you know more than half of the number won't be on the market till 2018 at least?
You mean they haven't started building any them yet? I know the usual construction period is about 3 years.
Don't you know more than half of the number won't be on the market till 2018 at least?
pls refer to my first posting on URA reports.
I mean to be up in the resale/rental market
Anyway why not just use property guru search? Abit 'mafan' though
I mean to be up in the resale/rental market
Anyway why not just use property guru search? Abit 'mafan' though
yeah done that, but some projects that are older (especially the small boutique projects) may not be included in ppty guru.. the newer ones i know gotch...
juz tot that some gurus out here may have been tracking this "niche" market and may have more relevant info on hand to share. but i guess it's not that readily available or some prefer to hoard the info.
i've dropped URA an email to ask them for the distribution breakdown of their report and will be happy to share my findings if they revert. in the meantime, i'm already collating info off pptyguru (but still feel that the total numbers dun exactly tally with URA's findings and projections). :o
TS, what is your objective?
Is it to see if by 2015 there will be a lot of MMs so that there will be significant price pressures? Then plan your entry?
Well, MM already starting to be extinct. They will be the last property class to face price risks.
Take it from me the MM King.
Just check the whole of Geylang (highest concentration of MM), most of the projects will TOP within these 2 years. Telok Kurau/Joo Chiat is the other high concentration area, but most projects have TOPed and there isn't many new MM-ful ones. Same goes for Kovan/Serangoon, but there are quite a few that will TOP this/next year.
Those tucked into big developments will see little transaction to make a huge impact. Parc Rosewood might be a good gauge of this class of MMs (huge mass market development with high % of MM) though when TOP around 2014.
sorry folks.. not sure if this topic has been posted before recently.. but does anyone know where we can find the full list of developments with MM units? i tried to google and search on ura, squarefoot etc but can't find a comprehensive list of developments featuring MM.
based on ura reports, the stock of completed shoebox units will increase more than 4 fold from 2,400 units at end 2011 to about 11,000 units by end 2015.
wad are the developers that are known for their devotion to shoebox developments? those that came across my mind are world class, roxy, fragrance...
with CM7, i think i need to rethink my strategy of buying a 2 bedder for investment and i'm now thinking of focusing on MM or 1 bedder.. moolahs no enuff.. :(
any kind souls out there can enlighten me? any advice is much appreciated! :cheers4: :)
http://www.squarefoot.com.sg/market-watch/shoebox-units
TS, what is your objective?
Is it to see if by 2015 there will be a lot of MMs so that there will be significant price pressures? Then plan your entry?
Well, MM already starting to be extinct. They will be the last property class to face price risks.
Take it from me the MM King.
Just check the whole of Geylang (highest concentration of MM), most of the projects will TOP within these 2 years. Telok Kurau/Joo Chiat is the other high concentration area, but most projects have TOPed and there isn't many new MM-ful ones. Same goes for Kovan/Serangoon, but there are quite a few that will TOP this/next year.
Those tucked into big developments will see little transaction to make a huge impact. Parc Rosewood might be a good gauge of this class of MMs (huge mass market development with high % of MM) though when TOP around 2014.
thanks boss.. u the king of MM. :)
i'm actually trying to do a summary listing of all the MM units that are currently already in the market (most centred in CCR with the more recent ones as u rightly pointed out at TK and Kovan area) plus collating more info on those tat's going to TOP in the months and quarters ahead. will be doing some further research on to the rental mix after i nail down some of the developments that meet my set of criteria.
what i hope to do is to gain a firm enuff understanding of the MM developments and projects such that i can do a quick valuation of what is within money sense and what aint.. it's more of a waiting game as i'm not in a rush to buy but dun mind getting one within the next 2-3 yrs if the right unit pops out. easier said than done but sometimes it's like yuan fen.. :p
plus hopefully if i can chart the price trend and historical numbers of the MM units of the full suite of developments then hopefully easier for me to track the impact and influence of new TOPs etc. simplistic understanding once again but juz so that i've a better grasp of the sector... problem for me is i'm only recently begun doing some research on ppties hence still very very very noob. i.e. shld i be looking more at the existing CCR MMs or shld i look for those that's in OCR? alot of questions i throw during my research that i feel i'm ill equipped to answer.
without doing proper research i feel i will not really be in a position to make informed decisions and i hate making rash judgement calls when it comes to something so expensive!
thanks again for your kind sharing as it's always a pleasure reading your posts.
http://www.squarefoot.com.sg/market-watch/shoebox-units
yup, read the article some time back. it's juz general summary.. nothing useful.. thanks nevertheless
yup, read the article some time back. it's juz general summary.. nothing useful.. thanks nevertheless
You asking about development with mm.
Did you not see the map with all the pin drop?
You asking about development with mm.
Did you not see the map with all the pin drop?
ahh i see.. paiseh thought u pointing me to the article.
sheesh, i honestly didnt know they have all the development names.. silly me went to use pptyguru!! ouch. :scared-2:
will streamline the developments then find the development mix separately.. thanks!!!!!!!! u the man!! :cheers3:
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