Where to buy a shoebox apartment for investment?

If we are going to buy a shoebox apartment (506 sq ft in size or smaller) as an investment property, make sure to buy in CCR or RCR (central region). 

Don't buy one in OCR. 

As developers tried to move their stock more quickly, they introduced shoebox apartments in OCR in the last couple of years. 

As investment properties, National Development Minister Khaw Boon Wan cautioned not too long ago that this was an untested market.

According to Square Foot Research, out of 50 projects with shoebox apartments completed since 2012, 38 are located in the central region and these saw a higher rental take-up rate compared to those in OCR. They also rented for as much as $3,400 a month or about $6.72 psf (based on a unit of 506 sq ft in size).

There is also an interesting observation that short term leases of 6 months are on the rise. 6 months is the shortest lease period allowed by the URA for private residential properties.

Square Foot Research said that the high replacement rate is yet another indication that rental demand for such units is strong.

Related post:
Smaller apartments' prices more resilient.

AK and "Full Metal Alchemist: Brotherhood".

I watched Full Metal Alchemist many years ago. That was the first anime adaptation of the manga in 2003. I didn't know they had a second anime adaptation in 2009.

Another time guzzler. Lots of catching up to do! Yeah!

I like this anime. 

There is no free lunch in this world!

Believe in the principle of equivalent exchange?