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17-07-2011, 04:13 PM
Don't legislate against shoebox apartments: Forum
[2011] 12 Jul_ST
Title: Don't legislate against shoebox apartments: Forum
Source: Straits Times
Author:
Legal News Archive
THE debate on 'shoebox apartments' ('Small homes a hit with singles and expats'; July 2) and their limitations on quality of living compared with bigger units is a variation of the old landed property-condominium dilemma.
It is not for us to doubt the rationale and logic behind each buyer's decision as I am sure due deliberation was made in every instance, be it a choice between landed property and condominium or bigger flat and shoebox apartment.
When millions of Singaporeans need to live in a tiny red dot of a country, something must give and a compromise on living space is one of them.
Legislation against shoebox units, as suggested by letter writer Paul Chan ('Too compact for comfort'; last Monday), distorts free market forces and unnecessarily limits informed choices.
I am sure most Singaporeans prefer being able to choose, once they have been apprised of the pros and cons of any potential purchase, including the hefty price premium that is attached to shoebox apartments in Singapore.
Dr Yik Keng Yeong
Source: Straits Times © Singapore Press Holdings Ltd. Permission required for reproduction.
[2011] 12 Jul_ST
Title: Don't legislate against shoebox apartments: Forum
Source: Straits Times
Author:
Legal News Archive
THE debate on 'shoebox apartments' ('Small homes a hit with singles and expats'; July 2) and their limitations on quality of living compared with bigger units is a variation of the old landed property-condominium dilemma.
It is not for us to doubt the rationale and logic behind each buyer's decision as I am sure due deliberation was made in every instance, be it a choice between landed property and condominium or bigger flat and shoebox apartment.
When millions of Singaporeans need to live in a tiny red dot of a country, something must give and a compromise on living space is one of them.
Legislation against shoebox units, as suggested by letter writer Paul Chan ('Too compact for comfort'; last Monday), distorts free market forces and unnecessarily limits informed choices.
I am sure most Singaporeans prefer being able to choose, once they have been apprised of the pros and cons of any potential purchase, including the hefty price premium that is attached to shoebox apartments in Singapore.
Dr Yik Keng Yeong
Source: Straits Times © Singapore Press Holdings Ltd. Permission required for reproduction.