When it comes to buying property, Manfred Schmoelz and his wife have one priority – location, location, location.

Even though the layout of the Robertson Quay apartment they saw last year wasn’t quite what they wanted, they went ahead to buy it anyway.

The 1,700 sq ft apartment was also much smaller than the couple’s former home, a 2,200 sq ft apartment off Orchard Road, which they rented. It was also not as bright and the bedrooms were tiny.

Still, it wasn’t something they needed to live with.

“The original layout was not as ideal for the kind of entertaining that we like to do, but we felt that with some remodelling, it could work well for us,” says Mr Schmoelz, president for Asia-Pacific for Assurant Group, a premier global provider of risk management solutions.