Page 1 of 17 1234567891011 ... LastLast
Results 1 to 10 of 162

Thread: Citylights (D8, 99 year leasehold, Capitaland)

  1. #1
    Intrepid Explorer 2.0 Guest

    Default Citylights (D8, 99 year leasehold, Capitaland)

    Some graphics from brochure:










    Showflat:





















    Last edited by Intrepid Explorer 2.0; 30th August 2006 at 04:15 AM.

  2. #2
    Intrepid Explorer 2.0 Guest

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)
















  3. #3

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)

    Has anyone got comments on the investment value of this property?

  4. #4
    aspiring landlord Guest

    Talking Re: Citylights (D8, 99 year leasehold, Capitaland)

    You can try charging slightly more than $2.5K for a 3 bedroom. Maybe even try for $3.5k, if Orchard rents go up to $5k or more for 3 bedroom. In terms of rental return %, Citylights surely has a higher yield than Orchard as there are still cheap units available.

    Don't forget Citylights being in district 8 is located just next to district 9 Orchard and district 11 Novena. Maybe the surroundings are not as pleasant as Orchard or Novena, but tenants who are priced out of those areas may turn to Citylights.

    Over time, this whole area will hopefully become more genteel and upmarket, with the arrival of condos like Southbank and Citylights. If I am not wrong, another condo is coming up at King George's Avenue which is nearby. Think it is going to be developed by Allgreen, please correct me if I am wrong.

    As for Citylights itself, still some units left unsold. So for the future of sub sale, I am not so sure. As a direct comparison, you can compare to Southbank which is sold out. So draw your own conclusions.

  5. #5

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)

    >>If I am not wrong, another condo is coming up at King George's Avenue which is nearby. Think it is going to be developed by Allgreen, please correct me if I am wrong.

    This is interesting. You have more info on this King George's Avenue new development?

  6. #6
    Unregistered Guest

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)

    King George? All that is there now are very very old office buildings and flatted factories. Perhaps an HDB or two. Perhaps there are some very old and run down private apartments to en block. The whole place is just very dead. Anyway if those old apartments at King George were to go en block, I don't think it will even make the news. Too insignificant and I don't think those apartments even have names: they are just a number and road name.

  7. #7

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)

    There is still a large piece of vacant state land along King George's Ave at the other end of it next to Syed Alwi Road. I guess new developments can occur there but I have not heard of any govt land sales there yet.

    It may be dead now but come 2008, a major government agency involved in organizing national cultural and community social events is relocating its headquarters to that area. That place may suddenly come alive again.

  8. #8
    Unregistered Guest

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)

    Citylights will be blocked by Southbanks on the view and geylang view which is not blocked is not very disireable.

  9. #9
    Unregistered Guest

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)

    Quote Originally Posted by Unregistered
    Citylights will be blocked by Southbanks on the view and geylang view which is not blocked is not very disireable.
    why not desirable? can use telescope to "check out" your "target"

  10. #10
    Unregistered Guest

    Default Re: Citylights (D8, 99 year leasehold, Capitaland)

    Will be good for rental. Very near Marina IR and Marina Bay. For those expats working there who cannot afford the high rents in Marina.

Page 1 of 17 1234567891011 ... LastLast

Posting Permissions