Reported 8 months ago
As property prices rise, small homes have become mainstream in the housing market, with their size not necessarily equating to lower prices. Many are puzzled by the willingness of buyers to splurge millions on tiny homes, especially when it may pose challenges for resale. A post on Dcard questioning the high cost of a small 15-ping home garnered a discussion on investment prospects. A banker revealed that developers are focusing on smaller units due to the rapid increase in housing prices, catering to single or small households who prefer to live independently and find larger properties harder to sell.
Source: YAHOO