Originally Posted by
Dave T.S
Hi all, just for your information, Geylang is very good for investment.
You buy a unit for $6xxK and monthly pay about $2300/mth. For a loft unit, you can get a rental of lets say $3000, lets include your Maintenance..that will be about $250 /mth. How much profit will you get?
That is the maths that investors are calculating. I strongly believe Geylang will be clean. After Geylang has been cleaned, you buy a unit at any Geylang new Project, you will never get the current price. Land sales and Project sales will be almost equivilent to a D9/D10 or D15 Price. Rental will also go up.
Than Ivestors will be having a bigger laugh.
"Just my thoughts for those who think buying property in Geylang is not worth."