Came across an article today on - Is Geylang a good place to invest?? The article says Geylang is probably the last place in Singapore that any property investor would look at due to the bad reputation it has earned with its many massage parlours and sleazy nightlife. Well to some extend i pretty much agree on it but Geylang also house alot of small good and nice eateries there too.
The article too states that accordingly to a study conducted by PropertyGuru revealed that Geylang offers good long term prospects for property investment in Singapore. And according to data collected from the Urban Redevelopment Authority (URA), average transaction prices of landed homes in the area climbed 37 percent to S$1,270 psf in Q3 2011, from S$930 psf in Q3 2010. Meanwhile, prices of condos rose 38 percent to S$1,045 psf from S$760 psf during the same period.
Wow that is something i didn't know, i wasn't aware housing prices at Geylang could be so expensive too. A returned to Singapore after four years overseas and was looking to acquire a property. A house in Geylang caught his attention but he decided against it, due to the area's seedy reputation and his concern for the welfare of his three teenage girls. He said not buying in Geylang was the biggest property investment mistake I've ever made as I could have bought for S$500,000 at that time and that same property is now worth more than S$1 million.
Would you have think and done the same as him?? Have you or would you consider to buy a house in Geylang?? Would you really want to stay in Geylang?? If your answer is YES, what is the reason that make you do so?? If your answer is NO, what is the reason for you to reject staying in that area?? For me, my answer is NO reason being i prefer a more green and quieter environment thou i like going Geylang for supper with my friends etc.
Geylang reminds me of all the good times i had with my family and friends having dinner/supper/breakfast. No doubt Geylang bad reputation to some businesses found there but it also have a good reputation for good food like i said. I love the Rochor beancurd, frog porridge, Dim sum, beef kway teow and lots more good & delicious food. Care to share what are the food that you attracts you there for?? Or what is that you like at Geylang (not the massage parlours and sleazy nightlife)??
A music video which i like to share with you... Cheers and enjoy!!!
This is my blog.
It is where the darkness lies.
You can stick around if enjoy the company of the dark.
Or leave before the darkness swallows you alive. WAY OUT.
♥ The Mistress ♥
NAME. Mistress of Darkness
BIRTHDAY. October 31 - HALLOWEEN
LOVE. The Dark
♥ Where Darkness Lies ♥
♥ Dark's Order ♥
Baby Loves To Dance In The Dark
If you have anything to share with the Mistress, kindly drop her a email at ho.priscilla@rocketmail.com