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There's far too many at that size. You really need a strong point of difference when buying in such an overbuilt area otherwise it's just not worth it. It's not for finance reasons but just for having something that will be a good long term asset.

I would not buy a 1 bedroom apartment anywhere that was smaller than the high 50s (sqm), preferably 60. If that's not possible, then 75-80sqm+ for a two bedder. I can't see there being long-term fundamentals for places much smaller than that unless we're talking about a place with absolutely...

Yep, definitely go for existing apartments, not brand new ones. Just do the reno yourself and save the huge mark-up that is put on new and shiny developments

I would see if you can find something a bit bigger, closer to 60sqm if possible. This would be more appealing both to renters and if you want to sell (or refinance) in the future