Shoebox Unit Report

Are Shoebox Residential Units Profitable Investments?

Shoebox apartments (aka “mickey mouse” apartments) have become increasingly popular in recent years, and are the vehicle of choice for budding investors who only have a moderate amount of cash to put to work.

This report is an in-depth study of shoebox units by Ascendant Assets, who did a detailed analysis of 3,780 caveats lodged with the URA from 1998 to 2010 to cover the following:

1. Overview of the shoebox market and an analysis of the increase in annual transaction volume
2. Trend analysis of shoebox transaction prices
3. Trend Analysis of shoebox unit prices (S$psf)
4. Discussion on how profitable shoebox units are
5. Observations of general trends within the shoebox market that are relevant to investors

This dense 9-page report covers several interesting findings with lots of graphs and figures, including the psychological price ceiling for sub-sale/re-sale shoebox units, profitable locations of investing in shoebox units etc., and is recommended for anyone interested in investing in this segment.

Ascendant Assets typically charges hundreds to thousands of dollars to do customized research reports. This report is currently available as an instant digital PDF download at the special price of just $14.