What justifies a whole section on shoebox units? Simple: these are often the first choice for new buyers, be they home owners or investors. Also called mickey mouse apartments (although developers and agents avoid that term now), these are low-quantum units that see you owning a property in the CBD for $1 million or under, or even a condo unit at the price of a resale five-room flat in city fringe regions. And yet, if you’ve done your homework, you’ll know there are multiple views on whether you should buy a shoebox unit; and not all of them are positive. In this part of the guide, we’re going to provide some clarity on the topic: Let’s start with how shoebox units have performed over the past decade: For this purpose, we’ll compare shoebox units (properties of up to around 510 sq.ft.) to the overall condo market: Over a 10-year period,...