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Thread: Which are some of the better buy in Geylang area?

  1. #1
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    Default Which are some of the better buy in Geylang area?

    please name some project and why can be due to price or other factor

  2. #2
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    Check recent ura..popular one sure got snapped up quick after park place.

  3. #3
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    Quote Originally Posted by Tomutomi View Post
    Check recent ura..popular one sure got snapped up quick after park place.
    Maybe these 2:

    "Sales at Sims Urban Oasis, Tre Residences pick up on back of Park Place Residences’ launch"

    https://www.theedgeproperty.com.sg/c...2%80%99-launch

  4. #4
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    Smaller projects in Geylang seem like most are sold out by developers already. & seems like no more new en-bloc or upcoming new launch in Geylang. Left with tre residents now for direct developer sales.

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    Quote Originally Posted by ixxx View Post
    Smaller projects in Geylang seem like most are sold out by developers already. & seems like no more new en-bloc or upcoming new launch in Geylang. Left with tre residents now for direct developer sales.
    And Sims Urban Oasis. Both under construction.

    A random check on URA app:

    The Centren still has 13 units unsold,
    Central Imperial has 6 units,
    NESS and Le Regal has 1 each.
    Last edited by anythingwhatever; 20-04-17 at 08:22.

  6. #6
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    Quote Originally Posted by ixxx View Post
    Smaller projects in Geylang seem like most are sold out by developers already. & seems like no more new en-bloc or upcoming new launch in Geylang. Left with tre residents now for direct developer sales.
    Rezi 32 still got some left over unit unsold...the showroom still there

  7. #7
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    what about resale unit not new launches...what are some of the better buy in your opinion?

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    Quote Originally Posted by xtreme_46 View Post
    what about resale unit not new launches...what are some of the better buy in your opinion?
    My take: the bigger ones like Simsville, Central Grove, Sims Green, Alcove, etc...

  9. #9
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    Buy #1 loft at 1 Lorong 24 , rental 2400 per month, bank loan 1900 per month positive cash flow of 500 per month

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    2017' ura rental record for #1 Loft is around 1700 - 1900.

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    Quote Originally Posted by rontan_83 View Post
    Buy #1 loft at 1 Lorong 24 , rental 2400 per month, bank loan 1900 per month positive cash flow of 500 per month
    1 Bedder? Price quantum? How many years of loan?

    Quote Originally Posted by Tomutomi View Post
    2017' ura rental record for #1 Loft is around 1700 - 1900.
    Yeah, tough rental market at the moment still, despite the rebound in (new launch) sales market.

  12. #12
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    Quote Originally Posted by Tomutomi View Post
    2017' ura rental record for #1 Loft is around 1700 - 1900.
    Other ppl rented to two tenant .. cus got 2 toilet , rental becomes 2400

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    This is one good factor for choosing #1 loft/suite, can easily rent it out as 2 master rooms. If adding doors can even fetch higher due to better privacy (so only share the kitchen).

    Personally i feel reluctant to these 2 projects since only get bank loan from Maybank, Hong Leong and Bank of Singapore, i believe they give higher interest rate.
    Beside there's a lot of unusable space due to the layout (around main door and stairs), which may explain why rental rate for entire unit is low.

    Quote Originally Posted by rontan_83 View Post
    Other ppl rented to two tenant .. cus got 2 toilet , rental becomes 2400

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    Quote Originally Posted by Tomutomi View Post
    This is one good factor for choosing #1 loft/suite, can easily rent it out as 2 master rooms. If adding doors can even fetch higher due to better privacy (so only share the kitchen).

    Personally i feel reluctant to these 2 projects since only get bank loan from Maybank, Hong Leong and Bank of Singapore, i believe they give higher interest rate.
    Beside there's a lot of unusable space due to the layout (around main door and stairs), which may explain why rental rate for entire unit is low.
    Got Floor Plan pic?

  15. #15
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    99.co got floor plans for both

    Quote Originally Posted by anythingwhatever View Post
    Got Floor Plan pic?

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    Quote Originally Posted by Tomutomi View Post
    99.co got floor plans for both
    Can't find though... Haha.
    https://www.99.co/property/Kddx5dnQ8WKt8YcrYgJbk9

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    it's located on the project info, not individual ads.

    https://www.99.co/singapore/condos-apartments/1-loft


    Quote Originally Posted by anythingwhatever View Post

  18. #18
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    Quote Originally Posted by Tomutomi View Post
    it's located on the project info, not individual ads.

    https://www.99.co/singapore/condos-apartments/1-loft
    Nice!! They always build one more bath than bedroom... :-)

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