That’s a possibility, but I certainly hope not. 200 sq ft just seems like a waste; it would be better to just wait and upgrade as financial circumstances improve.midlet2013 wrote: ↑Sat, 31 Jul 2021 3:18 amI once was about to rent a 650 sqft apartment next to mrt and realised how bad and small it is. Luckily I rented a 950 sqft for a lesser price. That made me think why we have so many such small undesirable flats.
The reason in my view is that most people view as apartment as a money making investment. Alas not everyone can buy a proper size flat. So developers started building what people can afford. If u can affor 800k , we will build something for that. Honestly all this 400-600 sqft flats r ridiculous unless someone is single. But the dream to cash on is what’s driving such developments.
I won’t be surprised if in the future we will see 200-300 sqft apartments here for 500k or so too.
I’ve heard a lot about tiny homes. While “trailer homes” used to be reserved for those who couldn’t afford a home, now its more about minimalism and nomadic living. Those who choose to live in tiny homes often choose to make a home out of a van or a retired bus, to save money and conserve the environment. I’m sure price has something to do with making such a choice, but I believe its more about lifestyle.malcontent wrote: ↑Tue, 03 Aug 2021 2:54 pmTiny homes are getting popular in the Western world, it’s even become a movement…
https://en.wikipedia.org/wiki/Tiny-house_movement
When I first moved to Singapore, I really wanted a tiny apartment (sub-200 sq ft) but there was absolutely nothing… so I had to rent a room which I really didn’t like, but there was no other choice.
Very good point. Not only would it be more cost efficient, but more sustainable as well.malcontent wrote: ↑Wed, 04 Aug 2021 8:58 pmI find it very peculiar that other parts of the world are so far ahead of Singapore when it comes to innovations in smaller living spaces.
This page highlights some parts of the world where innovations are being made:
https://en.wikipedia.org/wiki/Microapartment
I think at some point, Singapore has to shake off their orthodox mindset and start embracing innovations that are clearly relevant to space constrained environments.
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