Geylang Properties – a Hot spot for investors

Small 1 Bedroom and Studio units gaining popularity in Geylang. Many investors are drawn to the lower quantum properties and seemingly low downpayment and also good potential rental yields.

From what we seen with the few projects which has obtained TOP Status like Casa Aerata and Centra Studios, both rental transactions in the projects are fairing pretty well with transactions between 2200 to 2500 for the 1 bedroom units. Compared to the initial purchase price of $450K to $550K, the 1st hand investors are fetching very good rental yields of between 4% to 5% yields.
Geylang a Growing Hot Spot for Investors