PDA

View Full Version : Casa Aerata (78 units), Lor 26 Geylang



mcmlxxvi
18-04-10, 18:17
FreeHold Casa Aerata Pre-Booking

Best Investment fr $388K!

Exclusive Development Of 78 Units

Min to Dakota MRT
Within 1km Kong Hwa School
Proximity to Old Airport Food Centre,
Sports Hub,Singapore Indoor Stadium
Mins from CBD, Suntec City, Marina Bay,
IR, Singapore Flyer, Changi Airport
Choice of 1 / 2 / 3 Bedroom Apartment
( 388 – 1076 Sqft)
Excellent Investment potential of
Rental Yield up to 6% per Annual

http://img1.classistatic.com/cps/kj/100417/200r7/52861ib_20.jpeg

Hair loss- what is alopecia aerata?
Alopecia aerata is an autoimmune disease. In this disease the body attacks the hair follicles and kills them. The body begins to think that hair follicles are foreign objects and wants to remove them. Why it does that is a mystery.

-> Trust a project to be named after a disease - I take my hat off to the developer really!

Or

aeratus, aerata, aeratum, adj
1. covered/decorated with/made of brass/bronze
2. with bronze fittings (ship)

-> Will the development be coated in bronze/brass (bras)?

Or

Formica aerata, the grey field ant...

-> Means Casa Aerata = Castle of Ants???

azeoprop
19-04-10, 17:13
Where to buy? :D

mcmlxxvi
19-04-10, 18:07
Find propguru... few agents marketing it now.

Sinclone
29-04-10, 01:05
New Freehold Property coming to Geylang Area
Casa Aerata @ Geylang

http://www.propertylaunch.sg/images/casaaerata/logo450.jpg

Launching Very Soon
Register for 1st Priority Private Preview Invitation and Updates

http://www.propertylaunch.sg//images/casaaerata/bigpic.jpg

Brilliant Living, in Whole New Ways
Low Quantum investment starting from $3xxk only
Where to find Singapore Property at $3xxk now?
Excellent City Edge Location, Grab Now
Full of Eateries, Amenities with Great High Potential

3 Block of 8 Storeys, 78 Apartment Units
Consist of 1, 2 and 3 bedroom units

Sizes:
1 bedroom: 388 to 463 sqft
2 bedroom: 484 to 603 sqft
3 bedroom: 969/1076 sqft

B R I L L I A N T L I V I N G, I N W H O L E N E W W A Y S
Urban living takes on a bright new twist, in a 78-unit residence that outshines anything else all around. Here, is where home means an experience in warmth and comfort like never before. Yet at the same time, this is where every thrill, joy and excitement is waiting just to be discovered and savoured, adding an extraordinary touch to everyday living.

Comprising three standalone blocks sculpted in clean modernist lines, the entire development exudes intelligence in every detail, offering a new degree of beauty, privacy and functionality. This is not just a home with a captivating facade, this is home at the very front of architectural evolution.

Located in Centralise City Fringe District 14 Geylang Lor 26
Cosy Residential environment that is safe, away from pubs, crowds and motels
Affordable Low Quantum Investment from oonly $3xxk... Rare!!!
Good decent layout, strong>suitable for Rental and Investment
Excellent Quality Workmanship and interior finishes
Plenty of famous Eateries and other Amenities in the surrounding
5 mins drive to Bugis Shopping mall and Rochor Center
6 mins drive to Suntec City, Sands Integrated Resort and Shenton Way
8 mins drive to Orchard Shopping Belt
10 mins drive to CBD and Marina Integrated Resort
12 mins drive to Marine Parade and East Coast Parkway
20 mins drive to Singapore Changi Airport
Great potential once Marina IR and Paya Business Hub is ready
Near upcoming Paya Lebar Central Business Hub, good rental opportunities.
High Rental Demand with good returns in the Area
Also easy access to expressway like PIE, ECP and KPE
Excellent high potential Returns for Resale and Rental

Call 6100 8090 for enquiries and booking procedures
Visit Casa Aerata (http://www.propertylaunch.sg/Singapore%20Property%20New%20Launch/Casa%20Aerata.php) here for brochures and information

Regulators
29-04-10, 03:45
the property market action is moving to geylang as well.. i think e developer is smart to launch at this time to ride the wave...

mcmlxxvi
29-04-10, 08:40
Geyland new era at 1000psf. Major banks wont lend for this address.

eng81157
29-04-10, 09:12
why on earth would i want to buy a unit for my family to live in geylang??? unless i want a piece of action and sleaze anytime i feel like it.

i believe this is gonna be a failure. even the name sounds cheesy....
buyers would probably look to rent out to FTs, pseudo-students-cum-streetwalkers, etc and these guys would probably turn a nice unit into a slimepit before i can finish say 'C-A-S-A A-E-R-A-T-A"

azeoprop
29-04-10, 10:49
Actually the layout for the 1 bedders are quite good with maximum usable space, no stupid planters. :)

smallant
29-04-10, 11:04
This is in the midst of chicken farm ? Any problems getting loans or not ? :)

Desperado1967
30-04-10, 03:10
Assuming no problem with bank loan, is it worth to buy? For SGD1,000 per sq ft, I probably won't. If less than SGD800 per sq ft, I might consider. Rental at the area is quite easy I was told.

Comment?

gfoo
30-04-10, 03:20
casa aureola?

smallant
10-05-10, 22:32
Any ideal on the response le ?? Thxs :)

mcmlxxvi
12-05-10, 09:02
Taken from an email I received...

"Good day to you and hope you are fine and well. We are here to bring you an outstanding development sale that has just happened.

We witness an aggressive purchasing on Casa Aerata yesterday, a project located at Geylang Lorong 26. All units are fully sold after the balloting except for the only 3 bedroom unit still available. We like to congratulate all buyers and thank them for the support of this project. The only available unit now is # 03-13, size: 1076 sqft, at a Quantum Price of S$891,200. This is a very beautiful 3 bedroom unit with a nice patio just beside the main pool.

We urge for your fast response should you be keen on this unit. It is definitely a good unit that you will love. Coming soon, there will be another similar project upcoming at Geylang Lorong 28 by the same developer, but we might be expecting a higher launch price than Casa Aerata."

devilplate
12-05-10, 09:15
even geylang sell so well....normal 3bedder sold at wat kind of psf? 9XXpsf?

en9okyc
12-05-10, 09:24
Wow never thought i would see the day Geylang would hit 800+ psf!!Does someone know something we dont?

devilplate
12-05-10, 09:28
Wow never thought i would see the day Geylang would hit 800+ psf!!Does someone know something we dont?

atrium residences 2bedder hit 700psf.

The waterina (better location but still having geylang address)

55 Lorong 40 Geylang #05-15
Freehold
$914
1345
$1230k
26 Apr 10
67 Lorong 40 Geylang #05-39
Freehold
$941
667
$628k
23 Apr 10
65 Lorong 40 Geylang #01-34
Freehold
$971
721
$700k
13 Apr 10


conclusion: they aso duno wat they r buying :D

mcmlxxvi
12-05-10, 09:40
I think the 1 bedder easily sold for 900-1000psf since that was the asking price and all SOLD OUT in 1 day preview somemore.

sean8288
13-05-10, 13:58
Nowadays is They sell RUBBISH you buy RUBBISH !!! :doh::doh::doh:

Wild Falcon
13-05-10, 14:17
Low absolute amount is the selling point - I think certain areas have now specialised in such shoebox units to sell to those with a low budget but want to stay or invest in private property. $300+k to $400+k can only find in Geylang and Telok Kurau. I believe other places might follow suit in the future.

lancelot
13-05-10, 20:41
FreeHold Casa Aerata Pre-Booking


Hair loss- what is alopecia aerata?
Alopecia aerata is an autoimmune disease. In this disease the body attacks the hair follicles and kills them. The body begins to think that hair follicles are foreign objects and wants to remove them. Why it does that is a mystery.

-> Trust a project to be named after a disease - I take my hat off to the developer really!

Or

aeratus, aerata, aeratum, adj
1. covered/decorated with/made of brass/bronze
2. with bronze fittings (ship)

-> Will the development be coated in bronze/brass (bras)?

Or

Formica aerata, the grey field ant...

-> Means Casa Aerata = Castle of Ants???

What an appropriate name for a project in Geylang. Casa Aerata - Castle of the Erect. Every red blooded man will want to buy one unit to use as his love nest. Hats off to the developer.

jlrx
13-05-10, 21:14
Wow never thought i would see the day Geylang would hit 800+ psf!!Does someone know something we dont?

See who has arrived?

http://img.bazarek.pl/51232/6369/226828/1311742624489fc81993029.jpg

http://www.yardinflatables.com/assets/images/Christmas/mickey_mouse_plane_2_disney_airblown_inflatable.jpg

jlrx
13-05-10, 21:38
Nowadays is They sell RUBBISH you buy RUBBISH !!! :doh::doh::doh:

It's not "RUBBISH". The rental potential is even higher than Double Bay because the professionals here earn more than professors.

Regulators
14-05-10, 01:36
i think the group of buyers for this project should be a peculiar lot. I won't expect regular decent people to living in this project. i wont be surprised owners will rent out to night workers who will use those tiny apartments as bonking stations :doh: :doh: :doh:

proud owner
14-05-10, 01:43
i think the group of buyers for this project should be a peculiar lot. I won't expect regular decent people to living in this project. i wont be surprised owners will rent out to night workers who will use those tiny apartments as bonking stations :doh: :doh: :doh:


you think so ?


apart from the 'night life' .. i actually think geylang is a great location ...

i am thinking of buying something there ..but not many big units for sale ..

Regulators
14-05-10, 03:11
i guess having lived in the states for so long, you probably have a very different outlook of geylang. however the fact of the matter is most local buyers and banks frown upon the place and buyers will have difficulty taking a loan if purchasing from direct owner apart from developer. I would say lor 40 is a safer lorong compared to lor 26, which is right smack in the heart of decades of filthy trade.


you think so ?


apart from the 'night life' .. i actually think geylang is a great location ...

i am thinking of buying something there ..but not many big units for sale ..

devilplate
14-05-10, 09:51
you think so ?


apart from the 'night life' .. i actually think geylang is a great location ...

i am thinking of buying something there ..but not many big units for sale ..

if u bot those apts without facilities at 5xx-6xxpsf...almost zero downside risk but also almost zero upside potential. prices have been stagnant for many yrs.

however, Waterina is the best performer located at geylang lor 40

en9okyc
14-05-10, 10:15
To all those who think that Geylang is a filthy loss making place.

I bought my apartment there for 374.4 psf back in 2007 and it is now going for just under 600 psf ~ 60% capital appreciation... Not bad for a 'prostitute infested area'.

Not to mention the fact that i have a rental yield of 7% and no end of professionals / families wanting to rent.

The reality of the matter is, for people who have a family, living in 1000 sq ft in town at 4 - 5 K is just not an option.

Lets also remember that Geylang really isn't that far from town taking Guilimard road - Nichol highway.

Im trying to buy more in the area but the prices are just unreachable now :mad:

Reporter
14-05-10, 10:27
you think so ?


apart from the 'night life' .. i actually think geylang is a great location ...

i am thinking of buying something there ..but not many big units for sale ..
if u bot those apts without facilities at 5xx-6xxpsf...almost zero downside risk but also almost zero upside potential. prices have been stagnant for many yrs.

however, Waterina is the best performer located at geylang lor 40
Everybody views Geylang as a "no no" for property investment for a long time. So essentially, this has already been factored in the prices for that area.

Inflation is rising and Singapore is changing. If "proud owner" invest in that area, he may emerge as a big winner one day. Never say never because you never know. The only question is when will that one day come. If he have the patience and the muscles, I can confidently say he will be a big winner in terms of ROI.


Just remember this:
- Those who mocked at The-Sail heros 6 years ago are banging their heads now.
- Those who laughed at City-Square-Residences believers 4 years ago are crying now.
- Those who doubted Double-Bay-Residences buyers 1 year ago have been silenced.


The 2010 FIFA® World Cup™ is coming. It's time for us to:
1. Play ball.
2. Watch balls, and
3. Reflect on our balls.

devilplate
14-05-10, 10:32
To all those who think that Geylang is a filthy loss making place.

I bought my apartment there for 374.4 psf back in 2007 and it is now going for just under 600 psf ~ 60% capital appreciation... Not bad for a 'prostitute infested area'.

Not to mention the fact that i have a rental yield of 7% and no end of professionals / families wanting to rent.

The reality of the matter is, for people who have a family, living in 1000 sq ft in town at 4 - 5 K is just not an option.

Lets also remember that Geylang really isn't that far from town taking Guilimard road - Nichol highway.

Im trying to buy more in the area but the prices are just unreachable now :mad:

u r lucky to sniff out below 400psf...but u can try selling ur unit now and see how much the market willing to pay for it...

furthermore, ur unit shd be those apt without facilities....i rather pay 2-2.5kk for a 4rm hdb flat at lavender or kallang ? no?

devilplate
14-05-10, 10:34
Everybody views Geylang as a "no no" for property investment for a long time. So essentially, this has already been factored in the prices for that area.

Inflation is rising and Singapore is changing. If "proud owner" invest in that area, he may emerge as a big winner one day. Never say never because you never know. The only question is when will that one day come. If he have the patience and the muscles, I can confidently say he will be a big winner in terms of ROI.


Just remember this:
- Those who mocked at The-Sail heros 6 years ago are banging their heads now.
- Those who laughed at City-Square-Residences believers 4 years ago are crying now.
- Those who doubted Double-Bay-Residences buyers 1 year ago have been silenced.


The 2010 FIFA® World Cup™ is coming. It's time for us to:
1. Play ball.
2. Watch balls, and
3. Reflect on our balls.

mabe we shd pick a few condo at the current moment and compare with the prices in geylang mabe let say 5-10yrs later? to see really geylang is a better choice? hehe

en9okyc
14-05-10, 10:34
Prices just under 600 psf, with the new developments hopefully this will continue if not just rent :)

en9okyc
14-05-10, 10:37
u r lucky to sniff out below 400psf...but u can try selling ur unit now and see how much the market willing to pay for it...

furthermore, ur unit shd be those apt without facilities....i rather pay 2-2.5kk for a 4rm hdb flat at lavender or kallang ? no?

Actually it has facilities small but nice and modern.

Yes i agree some people will go for the HDB option but some prefer the condo option, i guess its also due to the fact that the condo is next to the mrt.

devilplate
14-05-10, 10:39
Prices just under 600 psf, with the new developments hopefully this will continue if not just rent :)

rental will be good....

however not every1 is as lucky as u. my cousin bot a apt in geylang lor 3x from developer 8yrs ago at 5xxpsf. till date aso got problem selling at 600psf. wasted 8yrs of opportunities :doh:

Reporter
14-05-10, 10:45
mabe we shd pick a few condo at the current moment and compare with the prices in geylang mabe let say 5-10yrs later? to see really geylang is a better choice? hehe
5-10 years sounds like a good idea cos' 5-10 months may see nothing.

Prices will be higher due to inflation so we need to compare ROIs insteads.

devilplate
14-05-10, 10:49
5-10 years sounds like a good idea cos' 5-10 months may see nothing.

Prices will be higher due to inflation so we need to compare ROIs insteads.

ok...for 5xxpsf range....very limited choice...i will choose northvale: ard 620k for a 2bedder 10xxsqft with potential rental of 2.3k

Reporter
14-05-10, 10:50
rental will be good....

however not every1 is as lucky as u. my cousin bot a apt in geylang lor 3x from developer 8yrs ago at 5xxpsf. till date aso got problem selling at 600psf. wasted 8yrs of opportunities :doh:
I feel that for Geylang we cannot look at the past as the word "change" only become our buzz word 4 years ago. Those who bought many years ago would have suffered a long period of no change unlike those who bought lately.

en9okyc
14-05-10, 10:52
Really huh?

I think it depends on the development etc...

Look at the Waterina, what a good investment it would have been 3 years ago!!

I think with Paya Lebar and Kallang being earmarked for development your cousin should hold, should return within 3 - 5 years easily...
rental will be good....

however not every1 is as lucky as u. my cousin bot a apt in geylang lor 3x from developer 8yrs ago at 5xxpsf. till date aso got problem selling at 600psf. wasted 8yrs of opportunities :doh:

Reporter
14-05-10, 10:52
ok...for 5xxpsf range....very limited choice...i will choose northvale: ard 620k for a 2bedder 10xxsqft with potential rental of 2.3k
You can choose a Geylang developement for comparison cos' I am not too familiar with Geylang developments.

devilplate
14-05-10, 10:54
I feel that for Geylang we cannot look at the past as the word "change" only become our buzz word 4 years ago. Those who bought many years ago would have suffered a long period of no change unlike those who bought lately.

for me, if Sg continues to do well...all ppty will be lifted....Just like last yr recovery...a rising tide lift up all boats.

however, i wud rather get a location with no major resistance.

between FH geylang apts at 600psf vs current 'peakish' HDB...i wud rather choose HDB.

There r many 3rm HDB flats in city fringe under 260k like geylang bahru...but of coz not suggesting anybody to rent out illegally hor. :D

devilplate
14-05-10, 10:56
You can choose a Geylang developement for comparison cos' I am not too familiar with Geylang developments.

bro, any geylang apts without facilities will do as all similar prices now 5xx to 600psf.

devilplate
14-05-10, 10:59
Really huh?

I think it depends on the development etc...

Look at the Waterina, what a good investment it would have been 3 years ago!!

I think with Paya Lebar and Kallang being earmarked for development your cousin should hold, should return within 3 - 5 years easily...

the major difference is...waterina got full condo facilities.

from tenant perspective, any difference from renting an apt without facilities vs a HDB flat?

en9okyc
14-05-10, 11:00
for me, if Sg continues to do well...all ppty will be lifted....Just like last yr recovery...a rising tide lift up all boats.

however, i wud rather get a location with no major resistance.

between FH geylang apts at 600psf vs current 'peakish' HDB...i wud rather choose HDB.

There r many 3rm HDB flats in city fringe under 260k like geylang bahru...but of coz not suggesting anybody to rent out illegally hor. :D

I am of the other school of thought. The fact that Geylang has this major resistance is exactly what drew me to the place....

Put it this way, the prices already factor in the fact that the place is the red light zone so really it cannot go any lower, its the base line for property in Singapore.

However if there is even a slight improvement in sentiment on the area, the price will pick up at a faster rate than other properties... and you are covered by the steady rentals so it more a medium to long term investment.

I see other properties in good areas at their peak as risks as they are already high so unless Singapore does REALLY REALLY well at best they will be steady state / appreciate a little and at worse they will drop...

devilplate
14-05-10, 11:03
I am of the other school of thought. The fact that Geylang has this major resistance is exactly what drew me to the place....

Put it this way, the prices already factor in the fact that the place is the red light zone so really it cannot go any lower, its the base line for property in Singapore.

However if there is even a slight improvement in sentiment on the area, the price will pick up at a faster rate than other properties... and you are covered by the steady rentals so it more a medium to long term investment.

I see other properties in good areas at their peak as risks as they are already high so unless Singapore does REALLY REALLY well at best they will be steady state / appreciate a little and at worse they will drop...

u wana get another unit at 600psf? my cousin wana sell...but cannot hit 600psf. top flr and very well kept...u can buy and rent it out straightaway. PM me if u keen. Its at Lor 3x

any others who r keen..PM me.

en9okyc
14-05-10, 11:05
u wana get another unit at 600psf? my cousin wana sell...but cannot hit 600psf. top flr and very well kept...u can buy and rent it out straightaway. PM me if u keen.

Honestly, if i had more money, i would buy in the worse part of Geylang, Wing Fong Mansions etc... thats the best play at the moment.

But no liquidity :mad:

devilplate
14-05-10, 11:08
Honestly, if i had more money, i would buy in the worse part of Geylang, Wing Fong Mansions etc... thats the best play at the moment.

But no liquidity :mad:

even worse part aso 5xxpsf...no way u can get even close to 4xxpsf at the moment

en9okyc
14-05-10, 11:10
even worse part aso 5xxpsf...no way u can get even close to 4xxpsf at the moment

Yeah i know, tried to buy a unit there it was 460psf ish... By the time i could say yes, it was sold :scared-5: everyone must have the same idea

devilplate
14-05-10, 11:20
Yeah i know, tried to buy a unit there it was 460psf ish... By the time i could say yes, it was sold :scared-5: everyone must have the same idea

so the morale of the story: ppl will buy into those apts w/o facilities in geylang only if it is cheap.

600psf buyers also find it ex...somemore at lor 3x...away from the sleeze oredi.

Reporter
14-05-10, 11:24
for me, if Sg continues to do well...all ppty will be lifted....Just like last yr recovery...a rising tide lift up all boats.

however, i wud rather get a location with no major resistance.

between FH geylang apts at 600psf vs current 'peakish' HDB...i wud rather choose HDB.

There r many 3rm HDB flats in city fringe under 260k like geylang bahru...but of coz not suggesting anybody to rent out illegally hor. :D
Like I mentioned before, this resistance has been factored in the current prices. What have not been factored in is "change". The key question is when will the "change" come. If that change will only come 50 years later, then .....

That's why I say, buying properties in Geylang required "balls" cos' due to the "current resistance", nobody will pay a premium to buy from you. When the "change" come, you will be rewarded.

I think this is a pure condo/apartment location discussion, bringing in HDB flats may not be a good idea. I would also like to qualify that a private apartment that is no different from a HDB flat would not be included in my consideration.

devilplate
14-05-10, 11:31
Like I mentioned before, this resistance has been factored in the current prices. What have not been factored in is "change". The key question is when will the "change" come. If that change will only come 50 years later, then .....

That's why I say, buying properties in Geylang required "balls" cos' due to the "current resistance", nobody will pay a premium to buy from you. When the "change" come, you will be rewarded.

I think this is a pure condo/apartment location discussion, bringing in HDB flats may not be a good idea. I would also like to qualify that a private apartment that is no different from a HDB flat would not be included in my consideration.

personally, geylang forever red light....especially with 2 IRs....we nid a red light district...if not free lancers will sprout out everywhr...and to move this red light district away is not easy...shift to whr u tell me? shift to anywhr...the residents there will complain like no tmr. RIOTS may even happen. since the sleeze is oredi there...just contained it and make sure it dun spread further to kallang, paya lebar or dakota and tat wat the govt is trying to do. U see Joo chiat...reduced to 50m...but aso duno when den can completely get rid of it.

but anyway, if u tink the potential is there...pls PM me..600psf deal...i see my cousin every yr complain to me during CNY gathering..i aso feel sad...600psf u on? PM me...tks

by the way 600psf is reasonable after i just realised wing fong mansion oredi calling for 550psf there about.

Its very well kept...somemore TOP flr. 7-8mins walk to aljunied MRT.

Reporter
14-05-10, 11:45
personally, geylang forever red light....especially with 2 IRs....we nid a red light district...if not free lancers will sprout out everywhr...and to move this red light district away is not easy...shift to whr u tell me? shift to anywhr...the residents there will complain like no tmr. RIOTS may even happen. since the sleeze is oredi there...just contained it and make sure it dun spread further to kallang, paya lebar or dakota and tat wat the govt is trying to do. U see Joo chiat...reduced to 50m...but aso duno when den can completely get rid of it.

but anyway, if u tink the potential is there...pls PM me..600psf deal...i see my cousin every yr complain to me during CNY gathering..i aso feel sad...600psf u on? PM me...tks

by the way 600psf is reasonable after i just realised wing fong mansion oredi calling for 550psf there about.

Its very well kept...somemore TOP flr. 7-8mins walk to aljunied MRT.
Like I say, you are saying what I have already known.

I am not too familiar with the developments there. Let me spend more time checking on the developments.

In fact, I can consider higher psf. I only invest in bigger units (minimum 3-bedder) with condo facilities. I am putting Geylang into my consideration now. Maybe I can find some "gem" there. Who knows?

devilplate
14-05-10, 11:50
Like I say, you are saying what I have already known.

I am not too familiar with the developments there. Let me spend more time checking on the developments.

In fact, I will consider higher psf. I only invest in bigger units (minimum 3-bedder) with condo facilities. I am putting Geylang into my consideration now. Maybe I can find some "gem" there.

bro, all the while we r toking about those 5xx to 600psf apts without facilties.

yes, my cousin have been looking for buyers for the past 6mths...3bedder(gd size >1000sqft)..for further details...pls PM me...she sure let go at 600psf...but non nego...bcoz tats her breakeven price after costs. But stressed again: the unit is apt status without facilties...only got parking lots...

there is no way u can find below 700psf now with condo facilities in geylang...:doh: :doh: :doh:

last yr atrium residences still can get at 6xxpsf...but there r many better buys den tat at tat time.

devilplate
14-05-10, 12:00
bro reporter...aim atrium residences if u want...mabe 700psf u can get for 3bedder...hmmm....now my cousin's one seems tough to hit again at 600psf..pay $100psf more for newer with pool...sounds better :(

http://www.propertyguru.com.sg/listing/1091243/atrium-residences

she stated from 705psf...not bad wor...compared to waterina which is calling for 900xx to 1kpsf+ now

Reporter
14-05-10, 12:03
bro, all the while we r toking about those 5xx to 600psf apts without facilties.

yes, my cousin have been looking for buyers for the past 6mths...3bedder(gd size >1000sqft)..for further details...pls PM me...she sure let go at 600psf...but non nego...bcoz tats her breakeven price after costs. But stressed again: the unit is apt status without facilties...only got parking lots...

there is no way u can find below 700psf now with condo facilities in geylang...:doh: :doh: :doh:
I'm not keen on apartments with no facilities, whether they are in Geylang or not.

I thought we are talking about Geylang the location - not specific developments in Geylang? If we talk about specific development, then we need to bring in a lot of factors for consideration.

If she buy a Geylang apartment hoping for instant reward, I think she may have made the wrong move. My advice to her: Wait for the "change" with patience and muscles.

Anyway, I will go check out those with facilities.

devilplate
14-05-10, 12:05
I'm not keen on apartments with no facilities, whether they are in Geylang or not.

I thought we are talking about Geylang the location - not specific developments in Geylang? If we talk about specific development, then we need to bring in a lot of factors for consideration.

If she buy a Geylang apartment hoping for instant reward, I think she may have made the wrong move. My advice to her: Wait for the "change" with patience and muscles.

Anyway, I will go check out those with facilities.

my initial point is: geylang apts with no facilities...tats y 5xx-600psf asking price now.

Reporter
14-05-10, 12:06
bro reporter...aim atrium residences if u want...mabe 700psf u can get for 3bedder...hmmm....now my cousin's one seems tough to hit again at 600psf..pay $100psf more for newer with pool...sounds better :(

http://www.propertyguru.com.sg/listing/1091243/atrium-residences

she stated from 705psf...not bad wor...compared to waterina which is calling for 900xx to 1kpsf+ now
Paisei! I'm not too familiar with specific development. I was talking about Geylang location - the bigger picture. I will go check out the development and others.

en9okyc
14-05-10, 12:14
personally, geylang forever red light....especially with 2 IRs....we nid a red light district...if not free lancers will sprout out everywhr...and to move this red light district away is not easy...shift to whr u tell me? shift to anywhr...the residents there will complain like no tmr. RIOTS may even happen. since the sleeze is oredi there...just contained it and make sure it dun spread further to kallang, paya lebar or dakota and tat wat the govt is trying to do. U see Joo chiat...reduced to 50m...but aso duno when den can completely get rid of it.

but anyway, if u tink the potential is there...pls PM me..600psf deal...i see my cousin every yr complain to me during CNY gathering..i aso feel sad...600psf u on? PM me...tks

by the way 600psf is reasonable after i just realised wing fong mansion oredi calling for 550psf there about.

Its very well kept...somemore TOP flr. 7-8mins walk to aljunied MRT.

This is one argument that i have never understood.

If you look around Singapore there are pros all over the place. A quick list off the top of my head...

1) Geylang
2) Joo Chiat
3) Duxton
4) Orchard
5) China Town
6) Baelistier (sp?)
7) I hear Kovan is up and coming...

And i know for a fact there are a lot more places.... Anyway, pros will be here regardless of legal or illegal places, whats important is Geylangs inherent value as a land parcel in the central region... Will the government really just let that valuable area rot while the mass market stabilizes at 1000psdf?

devilplate
14-05-10, 12:26
This is one argument that i have never understood.

If you look around Singapore there are pros all over the place. A quick list off the top of my head...

1) Geylang
2) Joo Chiat
3) Duxton
4) Orchard
5) China Town
6) Baelistier (sp?)
7) I hear Kovan is up and coming...

And i know for a fact there are a lot more places.... Anyway, pros will be here regardless of legal or illegal places, whats important is Geylangs inherent value as a land parcel in the central region... Will the government really just let that valuable area rot while the mass market stabilizes at 1000psdf?

ppl have been arguing abt this for donkey yrs...since u bot ur alcove below 400psf..u got nothing to worry. u only goto worry abt ur tenants profile only...jus take note some tenants will use ur premises for illegal activites.
best is to only take in family with kids as ur tenant

so how u rate atrium residences...i jus realised can get it around 700psf...FH, nice pool...lor 28...at least not lorong 4-20...hehe

I find it quite appealing actually...haha

en9okyc
14-05-10, 12:28
ppl have been arguing abt this for donkey yrs...since u bot ur alcove below 400psf..u got nothing to worry. u only goto worry abt ur tenants profile only...jus take note some tenants will use ur premises for illegal activites.

so how u rate atrium residences...i jus realised can get it around 700psf...FH, nice pool...lor 28...at least not lor 10-20...hehe

I find it quite appealing actually...haha
It looks good from the outside but haven't seen the inside. If i were you i would wait until Q3 to see how things settle, never a good thing to buy into a rising market...

And i agree with you, people have been going on about this for years :) i guess there is only 1 way to find out..

devilplate
14-05-10, 12:34
atrium residences

15 Lorong 28 Geylang #06-22
Freehold
$619
1259
$780k
19 Apr 10


Cheap leh...close to 600psf...very good deal

devilplate
14-05-10, 12:41
It looks good from the outside but haven't seen the inside. If i were you i would wait until Q3 to see how things settle, never a good thing to buy into a rising market...

And i agree with you, people have been going on about this for years :) i guess there is only 1 way to find out..


this current period is actually a period of conslidation for resale market...

coz of EU debts....

if no double dip, resale market shd move up in 3rd qtr

en9okyc
14-05-10, 12:42
this current period is actually a period of conslidation for resale market...

coz of EU debts....

if no double dip, resale market shd move up in 3rd qtr

EU just put the trading blocks weight behind Greece... I dont think its going to be a problem....

mcmlxxvi
14-05-10, 15:06
Keen in Geylang? Look at Evergreen View @ Lor 36 in a quiet cul-de-sac by the canal (long kang) and park... above Lor 30 some banks lend.

mcmlxxvi
31-05-10, 16:44
Was it really that hot to have so many agents/people?

http://cdn.propertyguru.com.sg/images/thumb/3/5/b/c/35bc151853838_1_V550.jpg

Jazzer
31-05-10, 17:09
Low absolute amount is the selling point - I think certain areas have now specialised in such shoebox units to sell to those with a low budget but want to stay or invest in private property. $300+k to $400+k can only find in Geylang and Telok Kurau. I believe other places might follow suit in the future.

That's a cheap shot Wild Falcon. You can easily find a $400K one bedder any where and not just limited to Geylang and TK. If you could recall, the mickey house units were flying off the shleves in many areas last year.

Wild Falcon
15-06-10, 20:32
Of course there are other areas with MMs <$500k other than Geylang and TK, e.g. Balestier, Siglap, Changi etc. It's not a cheap shot but just sharing where the lowest absolute priced apartments are - the fact is you can find MM at $400k+ in Geylang and TK. I recall, before I made that statement, I went propertyguru and filter "properties less than $500k" and I remember the first 20 on the list is "The Cotz" and "Casa Aerata" - I am NOT saying this without basis. No need to call names lah.


That's a cheap shot Wild Falcon. You can easily find a $400K one bedder any where and not just limited to Geylang and TK. If you could recall, the mickey house units were flying off the shleves in many areas last year.

Geylang OKT
15-06-10, 23:13
Want a cheap shot? Go for fat ugly indo girls at Lor 20. My China mei mei for $180 only. :D

TheOnlyGayInTheVillage
13-06-12, 11:47
Insider pix

http://www.propertyguru.com.sg/listing/10069843/for-sale-casa-aerata

anythingwhatever
13-06-12, 12:32
Hmmm, seem challenging to squeeze a 2-seater sofa in the living room...


Insider pix

http://www.propertyguru.com.sg/listing/10069843/for-sale-casa-aerata
http://cdn-sg2.pgimgs.com/images/thumb/3/3/1/4/33147f21691224_1_V550.jpg
http://cdn-sg2.pgimgs.com/images/thumb/a/3/e/c/a3ec8e21691227_1_V550.jpg http://cdn-sg2.pgimgs.com/images/thumb/5/2/e/9/52e92e21691238_1_V550.jpg

TheOnlyGayInTheVillage
13-06-12, 12:35
Regular size shud nt be a problem. Definitely the floorplan is to scale.

anythingwhatever
04-07-12, 20:25
July 2012: Remaining work on carpark and interiors in progress...

https://lh6.googleusercontent.com/-f7WLkP2-WPQ/T_Q10RlAkgI/AAAAAAAABAI/cBLhwtD3Ps8/s640/Lor%252028%2520-%2520Casa%2520Aerata%2520-%2520July%25202012%2520-%25202.jpg

https://lh4.googleusercontent.com/-D-5MlsulnQw/T_Q10itBLMI/AAAAAAAABAM/jGVXU8AT6A8/s800/Lor%252028%2520-%2520Casa%2520Aerata%2520-%2520July%25202012%2520-%25201.jpg