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recently did a research for interest purpose . I noticed the selling price per sqft of a landed property is far higher than the price recorded in the caveat lodged transactions in the same area. This phenomenon is common across all disct. While it is understandable that there is no easy way to compare per sqft price of landed property from one to another due to the build-up/land ratio, reno quality and the property condition etc. But even the per sqft price of hose very poor condition units that would require a massive reno if not a A&A are higher than average transacted price. Wonder how a landed sales/purchase is negotiated? Any experts who could kindly shed some lights would be much appreciated.

只能这样说：姜太公钓鱼--愿者上钩 From ST Forum: http://www.straitstimes.com/STForum/Online...ory_780956.html Hong Kong can keep the shoebox title, thank you Published on Mar 24, 2012 WEDNESDAY'S reports ('3-bedroom condo unit at 635 sq ft: A new low?' and 'Shoebox flats continue to be popular') indicate that Singapore seems to be on the way to becoming a land of shrinking apartments. Are market forces forcing middle-income households to invest their million-dollar life savings on overpriced 500 sq ft apartments? I hope the popularity of shoebox flats is not a consequence of sky-high private property prices. If it is, it does not bode well for future generations. Developers profit more by exploiting buyers' limited resources. If the trend continues, we may soon surpass Hong Kong as the world's No. 1 city for shoebox flats. A decent space for a three-bedroom unit should be at least 1,100 sq ft. The Urban Redevelopment Authority (URA) must stop profit-driven private developers from shrinking units to a size that tests the limits of building construction specifications for decent living. The shoebox flat size in Singapore may be larger than those in other cities, where it is common to have apartments that are smaller than 200 sq ft. But a shoebox is a shoebox. The question is: Do we want Singapore to slide to such a stage? A 500 sq ft space is a 500 sq ft space, regardless of how many walls one knocks down. The key is having a decent dwelling space. The URA should not allow the unhealthy trend to persist. Paul Chan