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Thread: Properties in Geylang Area: Potential?

  1. #931
    Join Date
    Jun 2013
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    Quote Originally Posted by bigbear View Post
    buying shoes box within city or city fringe still OK.

    buying shoes box in neighbourhood areas or even punggol is not recommend unless for own stay.
    Yes, agree, that is the general belief as high earners who rent shoeboxes generally work in cbd and want to live as near there as possible.

  2. #932

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    Quote Originally Posted by mummy View Post
    Yes, agree, that is the general belief as high earners who rent shoeboxes generally work in cbd and want to live as near there as possible.
    yes....the place i bought..6 minutes walk to Aljunied....take train to City Hall, about 10 minutes can reach....

    nvm about the whore and the foreign worker from south asia....

    As i m currently working in construction line, i can always c south asian workers on construction site...so their presence will not bother me much...

  3. #933

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    btw just like to get some opinions, realized that sims urban oasis its loft unit does not seem to be selling. Is there any particular reason to this given that its 1 beded seems to be selling much better.

    And generally would it be a good idea to buy a 1 beded unit from sims urban oasis in terms of rental given that its not very far from many other 1 beded units in the geylang area?

  4. #934

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    Quote Originally Posted by cym View Post
    btw just like to get some opinions, realized that sims urban oasis its loft unit does not seem to be selling. Is there any particular reason to this given that its 1 beded seems to be selling much better.

    And generally would it be a good idea to buy a 1 beded unit from sims urban oasis in terms of rental given that its not very far from many other 1 beded units in the geylang area?

    this is a 99 year leasehold, meaning it's alot closer to the MRT than most.

    can buy.

    99 year and freehold doesn't make a difference in sg...

    it's just BS-talk from real agents on the difference between them, the only significant difference is that for 99 yr, the last 20 years? you can't get a loan from the bank... but you probably won't see a pty that is 70-80 years old in sg without getting enbloc...

  5. #935

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    Quote Originally Posted by meow123 View Post
    this is a 99 year leasehold, meaning it's alot closer to the MRT than most.

    can buy.

    99 year and freehold doesn't make a difference in sg...

    it's just BS-talk from real agents on the difference between them, the only significant difference is that for 99 yr, the last 20 years? you can't get a loan from the bank... but you probably won't see a pty that is 70-80 years old in sg without getting enbloc...
    Hi meow123, thanks for the the advice.
    I am thinking of buying 1 beded at sims urban oasis but think most of the norm 1 beded has been sold only left the more pricy high floor or the stack that is facing the expressway.

    was considering the 1 beded loft but think the sale was not good.
    not sure if its due to its height of 3.3m considered low for loft, in the show flat the bed is on the loft however its not high enough to stand up fully on the loft.
    also there is no wall separating the bedroom loft from the living room.

    my friend just bought 1 beded loft on 5th floor facing the side of the pool, 43 sqm for 700 k.
    as im focusing more on rental, not sure if its a good idea for me to get similar loft unit, or i could get better options elsewhere for similar amt?

    any advice on this ?

  6. #936

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    i think the loft u r talking are 'fake' loft. its actually supported by a platform?

    loft projects like 1 loft and 1 suites are actual two storeys unit. if you dont mind, u can consider 1 suites but its at lor 20 beside the hotels.

  7. #937

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    Quote Originally Posted by bigbear View Post
    i think the loft u r talking are 'fake' loft. its actually supported by a platform?

    loft projects like 1 loft and 1 suites are actual two storeys unit. if you dont mind, u can consider 1 suites but its at lor 20 beside the hotels.

    its actually just a 5 sqm meta platform for putting of bed or other stuff depending. the platform is 2m high from the floor.

    so likely this type of unit may not be a good , in terms of rental?
    as so far think only a handful has been sold only.

  8. #938

    Default hi cym, these are my thoughts.

    hi cym,


    Not sure if you agree with me on this perspective, buying property is like a sprint, esp for units from new projects.
    If the lower priced 1BR are gone, where the leftovers are higher-floors / bigger spaces / extremely poor facing, etc ... I would consider another project.


    Since your purpose is for rental, what you like to consider is low capital layout.
    Get the cheapest unit, so that you don't have to bear so much loan ( I assume you are like most of us, who doesn't buy on full cash ).


    how about considering other developments in the geylang region, even though that are located in the red-light district region?
    I think paying for a less than 500 sq ft @ 700k dollars is quite expensive, but you are paying for the premium for being so near the MRT.


    If I were you, I would consider a pty investment of 600k and below.
    Is this your first pty or?

  9. #939

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    Hi Everyone,

    Would like to revive this dicussion on Geylang properties. I recently invested in a 2BR unit in the ODD lorong's of Geylang(Nearer to Kallang). Found some good pointers in this thread, what are some of the things you look out for when you're securing your tenant's in geylang?

  10. #940

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    Quote Originally Posted by wealthcore View Post
    Hi Everyone,

    Would like to revive this dicussion on Geylang properties. I recently invested in a 2BR unit in the ODD lorong's of Geylang(Nearer to Kallang). Found some good pointers in this thread, what are some of the things you look out for when you're securing your tenant's in geylang?

    With Geylang Rezone from lorong 4 to 22, my feel is rental just outside geylang will have a spill over effect. After all, Geylang has the best rental yield in the whole of Singapore. Some of the new condos there you can explore include
    - 33 Residences
    - Rezi 24
    - Arena Residences

    Geylang in District 14 where current works of its expansion and metropolitan development surely heightens its presence not just amongst locals but also from foreign investors.

    The 2014 Master Plan of Urban Redevelopment Authority, although consisting of a series of development works, also includes an underground river facility from the Kallang River area towards the lively Central Business District. Entertainment venues, dining facilities and retail shops will be incorporated at its huge improvisation, which comes after the successful creation of Gardens by the Bay.

    The once known red light district of Geylang, is now well supported with high end community facilities which blends accordingly to the urban city lifestyle of its residents .

    Read More on the rezone: https://www.propertyreview.sg/geylan...orong-4-to-22/

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