5 min read In the Singapore property market, there are many persistent beliefs about shoebox (one-bedder) units, which are tough to prove. However, one thing is for sure – the demand is certainly there given it still is the cheapest entry into the private residential market. When it comes to buying a shoebox unit (1-bedder), the unit mix of the development is often overlooked. But does it matter if most of the condo consists of shoeboxes and smaller units, or is it better to buy in a development with a wider variety of unit types? Could a balanced mix, from 1-bedders to 5-bedders, offer better long-term value? Here’s what we found out:
Why is the unit mix a concern to some buyers?
In general, a condo with a lot of small units is seen as a negative from an investment standpoint. Reasons range from it just being a rental...