The winner of last week’s quiz is Tan Suan Soo, SXXXX543F. Congrats! Our colleague will be in touch with you soon!
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Charming banquette seating ideas for small apartments
Source: http://www.apartmenttherapy.com/banquette-seating-in-the-kitchen-inspiration-roundup-171271
If you are strapped for space, consider banquette seating for your kitchen. The compartments under the seat can double as useful storage space. Click through to www.apartmenttherapy.com for more charming ideas.
Channel U’s Money Week looks at market trends in Singapore and last Saturday, they explored shrinking apartment sizes in Singapore and how more Singaporeans are making use of self-storage space to store their personal belongings. Here’s the link to the video clip: http://video.xin.msn.com/watch/video/episode-52/1gqbdl2do. Fast forward to 8.47 mins if you wish to watch the footage on self-storage, otherwise the clip on green spaces is interesting too. One of our readers Chris also mentioned in a comment that he lives in a shoebox apartment and the only way he can keep his excess belongings is to store them in a self-storage unit. Feel free to share your personal experiences with us!
Lianhe Zaobao published an article citing the recent controversy over smaller living spaces in Singapore. As a result, Singaporeans have been resorting to ingenious methods to store their household items, such as buying beds that come equipped with storage space. Here’s a video that showcases several ingenious ideas by Resource Furniture:
Helen Ng, CEO of Lock+Store was also quoted in the article as saying that there are 5% more small-apartment dwellers storing their belongings at Lock+Store’s facilities in Tanjong Pagar and Chai Chee year-on-year. Currently, about 68% of the storers at Lock+Store are households storers.
The Straits Times today reported on the trend of smaller flats in Singapore. However, as family sizes are also shrinking, the result is most families “enjoy” the same amount of living space as before. Do you agree?
HDB’s CEO Cheong Koon Hean was quoted as saying “If residents use good interior design and arrange their furniture to create better storage options and a feeling of space, smaller flats do not have to mean a lower quality of living.”
Certainly small apartments are the norm in cosmopolitan hubs like Tokyo and New York. Shoe box apartments have also been mushrooming in Singapore.
Lock+Store recently expanded its facility at Tanjong Pagar DistriPark to accommodate the increase in demand for self-storage units by small apartment dwellers.
Lock+Store appeared in Wanbao today. CEO Helen Ng gave her perspective on the trend of smaller apartments being built in Singapore – as a result, more households would need to store their personal belongings at self-storage facilities. The flexible lease terms help.
Shoebox apartments today come equipped with either a tiny storage area or none at all. Yet shoebox apartments are still quite popular among buyers. A shoebox apartment is defined as a private home less than 506 sq ft in size. According to yesterday’s Business Times, the SRPI index which tracks prices of completed non-landed shoebox apartments “has climbed 10.1 per cent year to date. The Overall SRPI has appreciated 7.3 per cent year to date.”
As more shoebox apartments come onto the market, we foresee the prices would correct downwards to reflect the oversupply and worsening global economic conditions. The demand for self-storage units would however increase as more owner occupiers or tenants seek to store their household belongings externally. Lock+Store’s flexible lease terms (from two weeks to as long as the tenants like) give storers the flexibility to shift in and out of the storage units without the burden of a lengthy year-long or even month-long commitment.
Do you intend to use self-storage space for your personal belongings within the next six months? Share your thoughts!
Lock+Store offers secure furniture storage for peace of mind:
P.S. Click here to find out how you could walk away with six months’ worth of free storage.
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