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    Re: Properties in Geylang Area: Potential?

    Folks, I normally don't like to respond to groundless accusations. Saying that I am a property agent is an insult to me. My observations come from the fact that part of my current job involves...
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    Re: Properties in Geylang Area: Potential?

    HI Verbatin, revealing my net rental yield won't help you as there are many factors that would be missed. You can derive this on your own by looking at the classifieds. A freehold condo generally...
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    Re: Properties in Geylang Area: Potential?

    Mr Just My Thoughts, your comments and contributions have been valuable and adds value to the thread (as are many others). I am referring to those who talk sex and do name calling, as well as those...
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    Re: Properties in Geylang Area: Potential?

    Hi "Interested Investor",
    What I am going to share with u might be contrary to the opinions of the Geylang or "prostitute" experts you have heard from. So you decide.

    I own another Geylang unit...
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    Re: Properties in Geylang Area: Potential?

    Atrium Residences will only be completed in 2009 (after the IR opens its doors). Currently, a typical 3 room apartment can fetch anywhere between $2.3k-$3k in the Geylang area. I expect the rents to...
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    Re: Properties in Geylang Area: Potential?

    Agreed. My 2 Cents... there's more to it.
    Let me attempt a simplistic analysis:
    Hong Leong Finance: For maximum loan entitlement, monthly instalments cannot exceed 33% of your monthly income
    *...
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    Re: Properties in Geylang Area: Potential?

    Sure. I searched the Net and found this URL: http://www.jentan.com/projects/Atrium/index.aspx
    It gives pictures of the property and a panaromic 3D view.

    But a friendly warning if you are buying...
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    Re: Properties in Geylang Area: Potential?

    There are clowns like you who jump to conclusion (and generalize) and there are serious investors (like those who are sharing their thoughts in this thread) who are looking for opportunities and...
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    Decent condos in Geylang Area

    There are pretty decent condos in the Geylang area: Simsville, Sims Residences, Aston Mansion, Central Grove, The Alcove. Because of the bad image of Geylang, these places are all affected by the...
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    Re: Properties in Geylang Area: Potential?

    Yes, you are right - this is one constraint. The Big 4 banks do not generally extend loans to Geylang (Lorongs) for ethical reasons. Certain banks only extend loans to the odd number lorongs (e.g Lor...
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    Properties in Geylang Area: Potential?

    I have been studying the potential of Geylang area and am convinced of its potential that I have purchased a condo unit (Atrium Residences) there slated for completion in 2009. My friends probably...
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