The Business Times

Alice Tan and Chalene Liu

Knight Frank analysis shows the price growth of bigger units was more significant for most districts in the downtown area. This suggests that both developers and buyers are starting to acknowledge the importance of “space” and pricing a premium for ‘more square footage.

The space premium: A value proposition for larger homes

Data shows that while small-format units are more palatably priced, more spacious condos may offer better price growth potential

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