Should you invest in Geylang Condos in 2024?

 

Gems Ville Living Room

Geylang, a vibrant and evolving district in Singapore's East Region, is rapidly transforming into an attractive proposition for both homebuyers and investors. Beyond its exciting nightlife and renowned culinary scene, Geylang condos offer a compelling combination of affordability, strategic location, and promising future growth.

Unbeatable Connectivity and Amenities

Nestled perfectly between the East-West Line and the Circle Line, Geylang boasts seamless connectivity to other parts of Singapore. The upcoming Paya Lebar Integrated Transport Hub further enhances accessibility, making it a breeze to navigate the city for work, leisure, or exploration.

Residents of Geylang condos are spoilt for choice with a vast array of amenities right at their doorstep. From a dynamic mix of restaurants and bars to an abundance of shops and bustling markets, Geylang caters to diverse lifestyles. Immerse yourself in the cultural and culinary delights, or unwind at the nearby Kallang River Park or the Singapore Sports Hub.


Strategic Location and Future Developments

Geylang's strategic location isn't just about convenience today, but also about capital appreciation tomorrow. The Geylang East Integrated Development and the Paya Lebar Quarter are major upcoming projects set to revitalize the neighbourhood, transforming it into a thriving commercial and lifestyle hub. These developments are poised to significantly boost the area's appeal and property values.

Geylang condos present a compelling opportunity for investors seeking high rental yields. The area consistently delivers returns above the national average, making it a lucrative investment for generating passive income.

Furthermore, Geylang's affordability compared to other central areas presents remarkable potential for capital appreciation. As the neighbourhood undergoes its transformation and property values rise, investors stand to gain significant returns on their investment.


Addressing Concerns: A Maturing Reputation

While Geylang has a reputation for its nightlife scene, it's crucial to acknowledge the ongoing transformation efforts. The government is actively working to improve the neighbourhood's image, and the influx of new developments is fostering a more modern and vibrant atmosphere.


Geylang condos offer a unique opportunity to invest in a growing neighbourhood with excellent potential. With its strategic location, future developments, and attractive returns, Geylang is poised to become a prime investment destination.


Geylang provide Best Rental Yield for Investors

Situated just minutes away from the Central Business District (CBD) and well-connected by multiple MRT lines and bus routes, Geylang offers unparalleled accessibility. This convenience appeals to both working professionals and students, ensuring a steady demand for rental properties. Additionally, Geylang's proximity to renowned educational institutions, shopping malls, and a diverse array of dining and entertainment options further enhances its appeal to tenants.

Another significant advantage of investing in Geylang is the relatively lower property prices compared to other prime districts in Singapore. This affordability allows investors to enter the market with a lower capital outlay while still enjoying substantial rental income. The area's distinctive charm, characterized by its blend of traditional shophouses and modern developments, attracts a diverse tenant pool, from young professionals to expatriates seeking a unique living experience.

Moreover, Geylang's vibrant and dynamic environment plays a crucial role in attracting tenants. The area is famous for its bustling nightlife, cultural landmarks, and a wide variety of food options, ranging from local hawker stalls to upscale restaurants. This lively atmosphere creates a sense of community and excitement, making Geylang a desirable place to live.

As Singapore continues to evolve and grow, Geylang stands out as a promising investment destination. Its combination of strategic location, affordable property prices, and vibrant lifestyle offerings makes it an ideal choice for investors looking to maximize their rental yields. For those seeking a dynamic and profitable investment opportunity, Geylang undoubtedly delivers on all fronts.


 

Gems Ville Condo set to TOP in Mid 2024

 

Gems Ville Condo, a highly anticipated residential development, is set to receive its Temporary Occupation Permit (TOP) in 2024. This event marks a significant milestone in Singapore's residential property landscape. 
 
The condo, with its modern design and architecture, stands as a testament to contemporary living, blending aesthetic appeal with functional living spaces. Its strategic location further enhances its allure, offering residents the convenience of proximity to essential amenities such as shopping centers, schools, and public transportation. 
 
This not only promises a high-quality living experience but also positions Gems Ville as a prime spot for community and lifestyle. The development is equipped with an array of facilities, including a swimming pool, gym, and green spaces, ensuring a blend of luxury and comfort. 
 
Additionally, given the robust nature of Singapore's property market, Gems Ville represents a promising investment opportunity. As the project nears completion, it symbolizes the commitment to developing a vibrant, modern, and convenient living space, meeting the needs and aspirations of its future residents. 
 
The TOP in 2024 is eagerly awaited, as it will unveil a new chapter in urban living in Singapore.

Discovering Geylang's Transformation: From Gritty to Gourmet

Geylang

 

Geylang, once infamous for housing Singapore's most notorious red-light district, is undergoing a remarkable transformation. This neighborhood, situated in proximity to Singapore's Central Business District, is now becoming a sought-after residential and commercial hub while still preserving its unique culture and culinary heritage.

A Glimpse into History

In the 19th century, Geylang was home to a small settlement along the Geylang River, primarily occupied by Malay households residing in stilt houses. The area's landscape changed as the British took control of the waterways for trade, causing the settlers to shift inland. This led to the birth of modern-day Geylang Serai, a name believed to be derived from the sea gypsies ("orang laut") who once inhabited the region, and the cultivation of lemongrass.

Initially, the majority of families in Geylang made a living through farming, but the demand for agricultural land outpaced supply as the population grew. As a result, the settlement expanded eastward and inland. After World War II, Geylang experienced significant changes. The region became overcrowded due to a post-war baby boom, turning it into a slum. The introduction of the first housing blocks in Geylang Serai in 1963 marked the beginning of its transformation into the vibrant neighborhood it is today.



A Flavorful and Cultural Hub


In recent years, Geylang has embraced its authenticity as gentrification swept through other parts of Singapore. It is known for its lively markets, especially the Geylang Serai Market, which serves as the cultural heart of Singapore's Malay community. During Ramadan, the Geylang Serai Bazaar attracts massive crowds eager to savor local delights such as the famous Ramly burger, along with the mesmerizing light display that adorns the two-kilometer stretch at Geylang.

Geylang Road, the neighborhood's main thoroughfare, is a haven for durian enthusiasts, with numerous stalls offering the spiky fruit. You can watch as the vendors expertly open the durian for you to enjoy at a roadside table. The area is also renowned for its diverse range of food stalls, some of which have been serving satisfied customers for decades. Notable mentions include the Lorong 9 fresh frog porridge stall and beef noodles, and the world-famous Sin Huat Eating House at Lorong 35.

City Plaza, an aging mall close to Paya Lebar MRT station, is popular among teenagers for its affordable wholesale clothing and accessories, imported from countries like Thailand and China.



A Vibrant and Well-Connected Locale

Geylang 2
 

Geylang's popularity is enhanced by its proximity to the city center. The neighborhood lies on the eastern fringe of the city core, just 15 minutes from the CBD. Excellent public transport links, including Aljunied, Dakota, and MacPherson MRT stations, ensure easy access. The East-West Line connects the area to the CBD in under 15 minutes, and further connectivity is expected with the opening of Geylang Bahru, Ubi and Mattar stations on the Downtown Line 3, providing direct access to the northwest of Singapore.



A Promising Investment Opportunity


Gems Ville
 

Beyond its culinary and cultural charm, Geylang offers a promising real estate market. The recent Build-To-Order exercise for the Dakota Breeze project attracted substantial interest, with more than 3,100 applicants vying for approximately 670 flats. The condos in Geylang is also thriving, exemplified by the popularity of Gems Ville which set to TOP in 2024.

Promising developments like Park Place Residences at Paya Lebar Quarter (PLQ) indicate a bright future. The government's plans to re-zone specific areas in Geylang suggest a potential scarcity of housing, likely driving up condo prices. Additionally, the development of Paya Lebar Central is expected to boost property values in the area.

For those who have invested in Geylang, this unique neighborhood promises not only a rich cultural experience but also a prosperous future in real estate.

Gems Ville Geylang

 

Gems Ville Geylang is a new freehold City Fringe Condo in Prime District 14. It is conveniently situated along Geylang Lorong 13, in the heart of Geylang, featuring a mix of 1 Bedroom, 2 Bedroom, and 3 Bedroom units. TOP in 2025. 

 

Gems Ville @ Geylang is for people who are always looking for a new way of life. As you blend this into your house, feel the energy and inspiration. The modern, clear facade creates an unmistakable statement that draws attention away from the surrounding metropolis.Nearby amenities are Aljunied MRT, Kallang MRT, Mountbatten MRT, and Old Airport Road Market & Food Centre, all of which are in close proximity from Gems Ville Singapore. 

 

Gems Ville

 

This new freehold condo is close to two major expressways: the KPE (Kallang-Paya Lebar Expressway) and the PIE (Pan Island Expressway), making it easy to go throughout Singapore. Raffles Place and City Hall MRT are 6 to 7 MRT stations away from Gems Ville Condominium. 

 

Residents of Gems Ville Condo will have access to a broad range of facilities in the area. There are many local gourmet eating alternatives, as well as cafés, pubs, and coffee shops, all within a short walking distance. Buying groceries are convenient with nearby shopping at NTUC, Sheng Siong, and Cold Storage. 


Gems Ville Entrance


Nearby we have Paya Lebar Quarter Mall (PLQ Mall), City Plaza, Kinex, Paya Lebar Square, Singapore Post Centre, Kallang Wave Mall, and Kallang Leisure Park for more shopping, eating, and entertainment options. Local food places such as Sims Vista Market & Food Centre, Old Airport Road Market & Food Centre, Kallang Estate Fresh Market & Food Centre, and Geylang Serai Market & Food Center are available to Gems Ville Condo owners. 

 

If you want more international cuisine, you can explore more at Paya Lebar Quarter Mall or along Geylang stretch. Parents searching for schools can choose Geylang Methodist School, Kong Hwa School, and Broadrick Secondary School, all of which are near Gems Ville Condo. 


Gems Ville Pool


From the moment you arrive, Gems Ville welcomes you home with a scene set for a higher standard of living. A lobby foyer with a lot of space and a modern, yet rustic design, makes for a warm welcome.

At the top of Gems Ville, there is a rooftop garden that can be used for both quiet gatherings and loud parties. Residents can look forward to a relaxing pool, a grilling area, a recreation pavilion, and an exclusive gym, among other things.


 

Gems Ville Living Room

There is a lot of space and luxury waiting for you, and the 24 exclusive 1-bedroom + study to 3-bedroom dual key units will keep you private and away from other people. Every unit has a refined level of comfort, and appliances and finishes from well-known brands like Hansgrohe, Blanco, Toto, and Bosch make your home a place you can be happy in. Modern smart home features give you peace of mind and make your life easier. This is a great address that gives you a sense of privilege and luxury like no other.

 

 

Gems Ville at Lorong 13 Geylang Location


 

Gems Ville, which is located along 8 Geylang Lorong 13, puts you in the heart of the activity. Various local gourmets at the Old Airport Road Food Centre and Sims Vista Market are where all the nice food are. 

 

At the Singapore Sports Hub and the future Kallang Indoor Stadium, there will be sporting events and world-class entertainment. Spend quality time with friends and neighbors at Gems Ville. The BBQ emerges enticingly with the spa pool and lap pool, allowing for simple resting and entertaining on warm nights or weekends. 

 

National Stadium, Singapore Sports Hub, OCBC Aquatic Centre, Singapore Indoor Stadium Water Sports Centre, and Kallang Theatre are all within walking distance of Gems Ville Condo Singapore. Suntec City is just a 5-minute drive away, thanks to its excellent position. 

 

If you work in the CBD, you have the option of driving 12 minutes or taking the MRT to City Hall and Raffles Place MRT, which is 6 to 7 MRT stations away.     

 

 

Gems Ville Condo Specification


Project Name Gems Ville
Address: 6A Lorong 13 Geylang
District: 14
Total Units 24
Developer East Asia Development (Subsidiary of Dongya Xinhua Group)
Tenure Freehold
Description 8 Storey Condo with communal facilities at Geylang enclave
Unit Mix 1 to 3 Bedrooms
 

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