{"id":121830,"date":"2021-09-05T19:32:10","date_gmt":"2021-09-05T12:32:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-should-be-boring-and-cheap-developer-explains-his-success\/"},"modified":"2021-09-05T20:07:22","modified_gmt":"2021-09-05T13:07:22","slug":"housing-should-be-boring-and-cheap-developer-explains-his-success","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-should-be-boring-and-cheap-developer-explains-his-success\/","title":{"rendered":"\u2018Housing should be boring\u2026 and cheap\u2019 \u2013 developer explains his success"},"content":{"rendered":"<p>&#013;<br \/>\nPocket Living boss explains why his business model of building smaller flats is ideal for the UK housing crisisProperty developer Marc Vlessing says he would be happy to be put out of a job. In an attempt to attract first-time buyers who might otherwise be unable to afford their own homes, his business, Pocket Living, builds smaller-than-average flats with lower-than-average price tags.It is a business model whose success is based on the fact that so many have been priced out of city living by the housing crisis. Perhaps it would be a good thing if Pocket\u2019s niche did not exist? Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2021\/sep\/05\/housing-should-be-boring-and-cheap-developer-explains-his-success\" target=\"_blank\" rel=\"noopener\">\u2018Housing should be boring\u2026 and cheap\u2019 \u2013 developer explains his success<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Pocket Living boss explains why his business model of building smaller flats is ideal for&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121830","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vH0","jetpack-related-posts":[{"id":168525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-shkp-nudges-up-prices-on-latest-sierra-sea-flats-on-offer\/","url_meta":{"origin":121830,"position":0},"title":"Hong Kong developer SHKP nudges up prices on latest Sierra Sea flats on offer","date":"December 30, 2025","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, signalling a welcome improvement in the city\u2019s housing market. The 148 units in Phase 2A of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lucio-tan-converts-exclusive-shouson-hill-units-into-co-living-flats-to-rent-to-young-graduates\/","url_meta":{"origin":121830,"position":1},"title":"Lucio Tan converts exclusive Shouson Hill units into co-living flats to rent to young graduates","date":"August 10, 2017","format":false,"excerpt":"\r Eton Properties has a unique solution for Hong Kong\u2019s housing problem. The developer, owned by the family of Filipino magnate Lucio Tan, is converting an upscale apartment complex in one of Hong Kong\u2019s most prestigious neighbourhoods into a co-living space to rent out to young graduates and job seekers.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-wants-to-help-ease-hong-kongs-housing-crisis-by-squeezing-more-flats-into-its-projects\/","url_meta":{"origin":121830,"position":2},"title":"Victor Li\u2019s CK Asset wants to help ease Hong Kong\u2019s housing crisis by squeezing more flats into its projects","date":"October 26, 2018","format":false,"excerpt":"\r CK Asset Holdings, the flagship developer of tycoon Li Ka-shing, believes it can help solve the housing crisis which has pushed Hong Kong\u2019s property prices into the record books. The city\u2019s second largest developer by market capitalisation says allowing it to build more apartments at its residential projects in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-households-live-in-hdb-flats-albeit-average-size-decline\/","url_meta":{"origin":121830,"position":3},"title":"More households live in HDB flats, albeit average size decline","date":"February 11, 2021","format":false,"excerpt":"\r The average household size decreased to 3.1 persons in 2018 from 3.4 in 2008.\u00a0 The number of households living in Housing and Development Board (HDB) flats continued to increase, with over one million occupied flats in 2018. However, the average household size decreased to 3.1 persons in 2018 from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/HDB-and-sunset.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-may-see-more-smaller-homes-shorter-lease-units-experts\/","url_meta":{"origin":121830,"position":4},"title":"Singapore may see more smaller homes, shorter-lease units: Experts","date":"July 8, 2021","format":false,"excerpt":"\r Singapore may see more smaller homes, shorter-lease units: ExpertsSmaller household growth and an ageing population could see more smaller homes with shorter leases in the future. Singapore\u2019s future housing landscape may feature more smaller homes with shorter leases, on the back of the growing number of smaller family units,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/punggol-hdb-flat.jpg?fit=820%2C411&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":85296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-hoard-of-empty-flats-aggravates-hong-kongs-housing-crisis-will-a-tax-fix-it\/","url_meta":{"origin":121830,"position":5},"title":"Developers\u2019 hoard of empty flats aggravates Hong Kong\u2019s housing crisis. Will a tax fix it?","date":"April 15, 2018","format":false,"excerpt":"\r Close to 300 flats lie disturbingly vacant in a completed new residential development in Ho Man Tin even as the Hong Kong government struggles to resolve the perennial short supply of housing in the world\u2019s most expensive property market. The 1,429-unit Mantin Heights project in Ho Man Tin was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121830"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121830"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121830\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}