URA revises guidelines to reduce number of shoebox units
URA revise guidelines on construction of unit sizes. Nine areas has been identified and Balestier being one of the them. Verticus will not be affected by the guideline as planning approval had been obtain prior to the change but rest assured units are of good sizes starting from 461 sqft. So what does it translate for investor? If you are looking catching the tenant pool from nearby establishments such as Novena Healthy City & Curtin University, your entry price for 1 bed will be lower compare to a future project in Balestier due to smaller quantum and thus a higher yield. Register to get early bird discount
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