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Which apartments are a good buy in Geylang?

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When considering a good buy for apartments in Geylang, here are a few options to evaluate:

Pavilion Square

  • Located along Geylang Road, this freehold apartment offers a good location with easy access to Aljunied and Mountbatten MRT stations.
  • Sale prices in the last 12 months have ranged from $1,380 psf to $1,632 psf, with an average of $1,537 psf.
  • The area is rich in cultural heritage and amenities, including shopping malls like Paya Lebar Square and Kallang Wave Mall.
  • The current rental yield is at 5.9%, which is relatively attractive.

Goodview Apartments

  • This is a freehold apartment completed in 1994, situated on a smaller land area.
  • While it may not offer the modern amenities of newer developments, it could be a more affordable option for those looking for a freehold property in Geylang.
  • However, the age of the development and lack of recent transaction data might affect its appeal compared to newer properties.

Primedge

  • Located in Geylang, Primedge has seen sale prices ranging from $1,523 psf to $1,541 psf in the last 12 months, with an average of $1,532 psf.
  • This development is relatively stable in terms of pricing and could be a good option for those seeking consistency in the market.

The Sanctuary @ Geylang

  • This is a relatively new development with larger 1 and 2-bedroom units compared to other apartments in the area.
  • It lacks condo facilities but offers a more private living experience.
  • The developer's inability to sell all units might indicate some negotiating power for buyers.
Each of these options has its pros and cons, so it's essential to consider factors such as location, pricing, amenities, and personal preferences when making a decision. For the most up-to-date and detailed information, you can visit EdgeProp Singapore.
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