24 Jun '11, 9pm

Weigh in benefits and risks of shoe-box apartmentts, cautions Minister Khaw

SINGAPORE - He is not going to second-guess the market but National Development Minister Khaw Boon Wan wants to caution home buyers over the phenomenon of "shoe box" apartments here. Writing on his housing blog yesterday, Mr Khaw urged potential buyers to weigh the benefits and risks carefully of buying these units. With the annual take-up rising from 300 in 2008 to 1,900 last year - or from 6 per cent to 12 per cent of developers' sales - he observed that the housing type "seems to have a demand" and disclosed that some analysts have suggested that he impose a minimum size because they wonder if buyers know what they are in for. The authorities already require developers to give buyers an accurate representation of the units they are buying, within the show flats and in sales materials. And the Government is monitoring the shoe box trend, said Mr Khaw, who found the term ...

Full article: http://www.todayonline.com/Singapore/EDC110625-0000102/Go...

Tweets

Minister Khaw urges caution on shoe-box units |...

sg.news.yahoo.com 25 Jun '11, 7am

The howl that was heard across the island was not about the sighting of a red moon, but the $880,000 price sticker for a 5...

Buying flats called shoeboxes: Khaw's new blog

Buying flats called shoeboxes: Khaw's new blog

straitstimes.com 24 Jun '11, 9am

The interior of a 388 sq ft apartment in Race Course Road. -- ST PHOTO: MUGILAN RAJASEGERAN MINISTER of National Developme...

'DBSS is not HDB': Minister Khaw says in new blog

'DBSS is not HDB': Minister Khaw says in new blog

straitstimes.com 18 Jun '11, 11am

Following the stir caused by the recent high prices of a Design, Build and Sell Scheme (DBSS) development launched by a pr...

Nerdgasm. MUST GO GO GO GO GO. #werescientists

Nerdgasm. MUST GO GO GO GO GO. #werescientists

events.insing.com 30 Jun '11, 3am

Like their name, Neon Trees are a combination of slick pop hooks and sturdy organic rock, both melodic and hardā€hitting, t...

Read what Minister Khaw Boon Wan observes about the profiles of the May BTO applicants here.

Read what Minister Khaw Boon Wan observes about...

straitstimes.com 16 Jun '11, 4am

National Development Minister Khaw Boon Wan - in his latest blog entry posted on Thursday morning - provides a breakdown o...

Minister Khaw to raise income ceiling for BTO a...

sg.news.yahoo.com 16 Jun '11, 11am

Dear Minister Khaw, please spare a thought too for folks like me who are single, and yet are still unable to qualify for a...

Khaw mulls larger combined BTO launches

channelnewsasia.com 18 Jun '11, 10am

SINGAPORE: National Development Minister Khaw Boon Wan says he is considering moving away from the current practice of mon...

Latest blog post by Khaw Boon Wan reveals profi...

straitstimes.com 26 Jun '11, 2am

Private property owners and permanent residents made up almost 30 per cent of buyers for resale HDB flats, National Develo...

Who will he choose - Singaporeans or money?

Who will he choose - Singaporeans or money?

temasekreview.com 24 Jun '11, 1am

National Development Minister Khaw Boon Wan has been criticised by the real estate industry, with certain players saying h...

Khaw Boon Wan may revise BTO income ceiling

channelnewsasia.com 16 Jun '11, 4am

SINGAPORE: National Development Minister Khaw Boon Wan said the rising age of first time Build-to-Order (BTO) applicants j...