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Thread: New mixed devt to add buzz to Geylang

  1. #1
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    Default New mixed devt to add buzz to Geylang

    By Nikki De Guzman:

    http://www.propertyguru.com.sg/en/pr...ign=news-daily

    Pavilion Square (pictured), a new freehold mixed-use development by Pollux Properties, is set to become the only shopping mall in the Geylang area for the foreseeable future.

    The project will comprise 42 apartment units within a single eight-storey residential block, designed by Singapore firm Metaphor Design + Architect. Facilities will include a swimming pool with Jacuzzi, gym, BBQ pit, sky garden and 42 car parking spaces.
    Pavilion Square also includes a single five-storey plus one basement commercial development offering 93 commercial units and 16 carpark lots.

    As freehold retail spaces are a rarity, the shops are expected to provide good opportunities to property owners due to high human traffic, an ideal location and strong rental yield.

    Located at 345 Geylang Road in District 14, Pavilion Square is close to three MRT stations, two banks, supermarkets and schools. It will also be near the upcoming National Sports Hub, Paya Lebar Commercial Hub, East Coast Park and the CBD.
    The project is expected to obtain TOP by 2015.

  2. #2
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    as usual, all the usual comments about geylang will come in soon.

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    "five-storey plus one basement commercial development offering 93 commercial units and 16 carpark lots. "

    Wah! only 16 carpark lots???

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    Another PLUS to Geylang?

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    Quote Originally Posted by irisng
    By Nikki De Guzman:

    http://www.propertyguru.com.sg/en/pr...ign=news-daily

    Pavilion Square (pictured), a new freehold mixed-use development by Pollux Properties, is set to become the only shopping mall in the Geylang area for the foreseeable future.

    The project will comprise 42 apartment units within a single eight-storey residential block, designed by Singapore firm Metaphor Design + Architect. Facilities will include a swimming pool with Jacuzzi, gym, BBQ pit, sky garden and 42 car parking spaces.
    Pavilion Square also includes a single five-storey plus one basement commercial development offering 93 commercial units and 16 carpark lots.

    As freehold retail spaces are a rarity, the shops are expected to provide good opportunities to property owners due to high human traffic, an ideal location and strong rental yield.

    Located at 345 Geylang Road in District 14, Pavilion Square is close to three MRT stations, two banks, supermarkets and schools. It will also be near the upcoming National Sports Hub, Paya Lebar Commercial Hub, East Coast Park and the CBD.
    The project is expected to obtain TOP by 2015.

    Sehong siong took over a space beside it....that commercial shops did not do well even with high traffic.....
    think the problem the traffic there is not interested in shopping lah....

  6. #6
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    Quote Originally Posted by JAFCO
    Sehong siong took over a space beside it....that commercial shops did not do well even with high traffic.....
    think the problem the traffic there is not interested in shopping lah....
    do u know if shengshiong is doing well?

    given the high numbers of price sensitive prc bros n sis workers there, theoretically they ought to.
    click: 🏢shoeboxmickeymousehouse 🏢

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    I hope it will not end up with KTV and massage shops.

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    Sometimes pass-by Sheng Siong, quite crowded inside and outside. The only set back is the parking space, it is so difficult to find a parking lot there. So I think it can only cater to the nearby neighbourhood who use only "11" cars.

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    Thomson V Two have 80 MM shops but only a handful shops are opened for business.

    PS is along Geylang Rd and with many new projects coming around...I hope it can attract tenants to rent.

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    at 10000psf, the people buying must be crazy

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    Quote Originally Posted by SQ008
    at 10000psf, the people buying must be crazy
    You mean $10000psf, is it the advertiser typing error?

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    Nope that was what was reported - Novena Regency is 7000-8000psf. So 10,000 is not surprising and is a new record

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    Wow, if the buyer purchases at this price, isn't it that he has to mark up a lot for his selling price.

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    Or charge a lot for his rental.

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    Yup, $15 for a plate of nasi lemak

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    Their belachan fry with bird's nest??

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    any thoughts on resi for this vs the other geylang devts like Loft ?

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    Quote Originally Posted by zzgiggs
    any thoughts on resi for this vs the other geylang devts like Loft ?

    i think the presence of the mall is gonna add psf bonuses to properties in its vicinity. However, personally i wont pick a residential above the mall..Convenient yes, but its noisy.

    i hate the massive traffic flow of people and them lingering.
    Geylang is a massively heavy flow area, people walking around, lots of cars and parking is a pain. i'm not sure how they can allocate lots between tenants n residence..

    Go for a high floor, but then again, Geylang condos are restricted in height..
    U cant go beyond level 10 or so... Loft has only 8 floors or 4 units

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    Quote Originally Posted by scarkerr
    i think the presence of the mall is gonna add psf bonuses to properties in its vicinity. However, personally i wont pick a residential above the mall..Convenient yes, but its noisy.

    i hate the massive traffic flow of people and them lingering.
    Geylang is a massively heavy flow area, people walking around, lots of cars and parking is a pain. i'm not sure how they can allocate lots between tenants n residence..

    Go for a high floor, but then again, Geylang condos are restricted in height..
    U cant go beyond level 10 or so... Loft has only 8 floors or 4 units
    that's true, im looking at rental though, so was thinking maybe getting a resi which is part of a mall, would be potentially more attractive to expat tenants, not sure if this train of thought is generally correct ?

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    Quote Originally Posted by scarkerr
    i think the presence of the mall is gonna add psf bonuses to properties in its vicinity. However, personally i wont pick a residential above the mall..Convenient yes, but its noisy.

    i hate the massive traffic flow of people and them lingering.
    Geylang is a massively heavy flow area, people walking around, lots of cars and parking is a pain. i'm not sure how they can allocate lots between tenants n residence..

    Go for a high floor, but then again, Geylang condos are restricted in height..
    U cant go beyond level 10 or so... Loft has only 8 floors or 4 units
    Ya, parking is really a headache at Geylang. So many food stalls and yet so little parking lots + parking lots are in the mess, all over the place (at the narrow lanes and side roads), not properly organise. The Geylang MP should look into this matter, don't just because it make up of most pte ppty there and neglect the traffic and parking condition there.

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