For Sale  -  Lorong 20 geylang (D14)

S$ 12,000,000  Negotiable   |  S$ 1000.00 psf   |  12,000 sqft (1,114.83 sqm)  

Geylang may be a gold mine in the future.
1. Free hold
2.big Land size. there is not available now in the area. the total size please refer professional architect.
3. good price. about $1000/psf for commercial

4 MRT access, PIE, KPE, ECP, CTE
The plot ratio is 2.8 now, but this may move to higher ratio once Paya Lebar airbase is moved.
tenanted. positive cash flow
District: D14. Central East - Eunos (Geylang, Eunos, Sims, Paya Lebar)

Reason #1: The re-zoning of Geylang
Geylang has undergone some changes in zoning lately, as the Urban Redevelopment Authority (URA) wants to prevent friction between residents and people who are there for the brothels, food, and illegal cigarettes counterfeit merchandise.

Reason #2: Geylang has a solid location and future prospect as a small business hub
Well I guess it’s already a small business hub now, but I what I mean is that Geylang is close to the Central Business District (CBD). It’s just 10 minutes away, and if not for the vice activities you can bet a lot of Small to Medium Enterprises (SMEs) will crowd in here. Geylang is also quite accessible via the MRT, with Aljunied, Dakota and Paya Lebar stations providing quick transport to different ends of the district.
Reason #3: Red-light districts can change over time
reason #4: The Relocation of Paya Lebar Airbase
Come 2030, Paya Lebar Airbase will be relocated. This will change the height restrictions on buildings in the surrounding areas. It is likely Geylang will be affected as well.

With the ability to build higher, developers will start to search the area for prospective en-bloc purchases . Geylang right now has many freehold residential properties, which are likely to be the target of aggressive bidding by developers.

Granted, 2030 is a long time away – but if you are buying a property for a long-term investment, you know there are some solid prospects at the end of it.
Reason #5: It may look seedy to you, but Geylang has a large pool of prospective tenant

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    Property Information

    Development Name:
    Lorong 20 geylang
    Property Type:Shop / Shophouse


    Nearest MRT Station
    • CC14 Lorong Chuan MRT Station (0.95 km)
    • CC13 Serangoon MRT Station (1.33 km)
    • NE12 Serangoon MRT Station (1.38 km)

    Nearest Schools
    • Zhonghua Primary School (0.27 km)
    • CHIJ Our Lady Of Good Counsel (0.38 km)
    • Peicai Secondary School (0.79 km)

    Contact Agent about This Listing

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    Tanya Tian
    Group Marketing Director
    Propnex Realty Pte Ltd
    CEA Licence No.:
    L3008022J / R015531H
    +(65) 9115 2677