New apartments with sizes under 50sqm or 538sqft increased from 3.6% in 2007 to 19.4% in 2011.
In 2007, more than 69% of private apartments launched were bigger than 101sqm or 1086sqft.
In 2011, more than 65.7% of private apartments launched were smaller than 101sqm or 1086sqft.
A look at shoebox units that were launched in 2007 and how they are faring as investments.
Sample layout of a 1bed unit in Vida (Peck Hay Road)
Vida [Peck Hay Road, Freehold, D9]
Focus on smallest unit 517sqft
2007 Launch price: $2450psf +/-
2012 average transacted prices: $2300psf +/- (change: -$150psf)
2012 average transacted rental prices: $6.9psf +/-
Estimated monthly loan repayment is $4272/month, assuming:
- 80% loan
- 3% interest rate
- 30-years repayment tenure
Gross Rental Yield: 3.3%
Newly renovated Kopitiam is open at basement of Northpoint Shopping.
Blocks 921, 923 & 924 will be demolished to make way for the New Bus Interchange.
Great view from the 11th Floor!
Just sharing some pricing information I found while searching for courses to attend this year.
These are general prices, there are other more specialized and detailed courses which can cost over $1,000.
For certain courses, NTUC members can enjoy 50% claims if they apply for
UTAP (Union Training Assistance Programme).
For more information, please visit the respective providers' website.
Three eating houses along Yio Chu Kang Road will have to move out next month, after residents said they've been causing traffic and parking problems in the area for years.
The Urban Redevelopment Authority said it has received numerous complaints since December 2008.