Looking at the unit sizes of the new launch private apartments in Singapore (they are small!). There are a few observable trends:
(i) Units of the same type 2 Bedroom variant vs HDB BTO 3 room flat are much smaller than the current HDB BTO's size, which has also shrunk over the years
(ii) Most of the new launches compositon are 1 or 2 bedroom units, just look at the latest condo launch, The Reserve, which will be launched soon
(iii) Most units snapped up are the smaller flats such as 1 Bedroom or 2 Bedrooms units which are not ideal for families or family formation
What Message Agents are Driving
Most showflats will not tell you how wonderful living in it is; the marketting is the yield you can get by renting out the small units to foreigners. And these units are also the ones to be sold out first. Don't trust me just read the news releases for new condos from our trusted website of Channelnewsasia!...