Median sizes for new condo units shrank in past decade

The median size for new homes in the suburbs fell from 116 sq m in 2007 to 71 sq m in 2020.
The median size for new homes in the suburbs fell from 116 sq m in 2007 to 71 sq m in 2020.ST PHOTO: KUA CHEE SIONG

The median size for units in new condominiums has shrunk in the past decade, but continuing robust demand has kept per-square-foot prices trending higher.

The median size for new homes in the suburbs fell from 116 sq m in 2007 to 71 sq m (the equivalent of a two-bedder) last year. Resale units downsized from 118 sq m to 106 sq m over the same period.

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A version of this article appeared in the print edition of The Sunday Times on February 14, 2021, with the headline 'Median sizes for new condo units shrank in past decade'. Subscribe