End of Mickey Mouse Units in Geylang???

Recent News Article on new URA measures on the minimum plot size for all new flat developments in Singapore to be minimum 1000sqm and there is a limit to the number of units that can be built in low density estates. Would it have an impact on the recent hype of “mickey mouse” or shoebox developments that are flooding the geylang area in the Lorongs?

Recently for the past 6-12 months, there has been an increasing amount of new launches in geylang, especially in the Lorongs, where couple of adjacent old landed properties has been enbloc by developers and redeveloped into 20-40 shoebox units developments.

With the introduction of this measure by URA, partly to prevent overcrowding, developers might have to rethink their marketing strategy now. Will these kind of enbloc activities still continue or the new launches might come to a stand still here in geylang? Lets wait and see….

Below is the link to URA website on the new measures

http://www.ura.gov.sg/circulars/text/dc11-14.pdf

Sims Green 3+Patio, Ground Floor Unit for Sale

New Listing for Sale!

Unit Details
3 Bedroom Unit
Patio – Front and Back Patio Space
Built in Area – 1238sqft
Patio – 387sqft
Total Size – 1625sqft
Asking Price – $1.1M Negotiable
Viewing arrangement – Flexible

Property Info

Description

Rare, Beautiful 3 bedder Ground Floor unit, Front and Back Patio.
Very Well Maintained. Huge SPace for Kids and Family
Call for viewing now. Vacant Possession!

Details

Property Name: Sims Green
Property Type: Apartment
Price: S$ 1,150,000    Negotiable  
Price (psf): S$ 707.69 psf (built-in)
Floor Area: 1,625 sqft / 150.97 sqm (built-in)
Condition: N.A.
Developer: Hoi Hup Development Pte Ltd
Tenure: 99-year Leasehold
TOP Year: 2004