Buying

Shoebox Units: Key Factors You Need To Consider

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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kenneth
kenneth
3 years ago

Shoebox unit can be your “foot in the door” . Anyway great article Ryan, can I ask – if there’s an oversupply of shoebox units, should I consider waiting for prices to drop then?

Ryan
3 years ago
Reply to  kenneth

Hi Kenneth! We don’t have a crystal ball on whether prices would drop or not, but given the current situation, we do think that a dip in prices would be seen – nothing spectacular unlike during the Global Financial Crisis of 2008/09 as a result of the cooling measures and swift government support. We always advocate buying based on your objectives and timeline 🙂

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