Singapore Private Property Investment: SRX PSF Rule http://www.srx.com.sg
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Are small flats in Singapore more expensive than large flats?
On this show, we examine this question and establish the SRX PSF Rule for investing in Singapore private property.
Parc Rosewood a private condo has tied for the most shoebox resales in 2014 with three other condominiums. Year-to-date, there have been FOUR transactions in the Park Rosewood at an average price per square foot of 1-thousand, 3-hundred, 44-dollars dollars.
Our data analysis shows that shoeboxes are more expensive than larger units on a per square foot basis.
SRX Property data allows us to establish the PSF Rule for Investing in Singapore Private Property. The rule states that, for non-luxury homes, each additional square foot of space usually costs less.
So while you will pay more in actual price quantum, your per square foot cost is less.