Geylang Condos: The change in price for neighbourhood condos when an integrated-MRT condo.
Geylang condos always receive the attention of those investing in this potential area. One of the large integrated projects that has created an attraction for neighboring apartments is Park Place Residences at PLQ. This is part of a large complex of Paya Lebar Quarter (PLQ) including offices (PLQ Workplace), retail space (PLQ Mall) and Paya Lebar metro station. The site is a joint development between Lendlease (which also developed PLQ Mall, Jem, 313 Somerset and Parkway Parade) and the Abu Dhabi Investment Authority (ADIA). The development is split into a premium residential and an integrated commercial below, for residential this is a large condominium consisting of 429 units located across three towers. So it's not surprising that demand for Park Place Residences in PLQ meant that the units were almost sold out when it launched in March 2017.
Nearby, Geylang condos along Sims Avenue have also received a positive response from this mega-project, featuring three apartments for 99-year leases (out of 100) before PLQ bids and announces the award in September. April 2015. These are Simsville (522 units, completed 1998), Central Grove (262 units, completed 2001) and Sims Residences (112 units, completed 2002). In the years since the announcement of the PLQ, there have been many newer developments, such as Katong Regency, Sims Urban Oasis and TRE Residences.
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Geylang Condos: The change in price for neighbourhood condos when an integrated-MRT condo.
Geylang condos: SimsVille - New fully furnished and modern development in Geylang
Located in a peaceful neighborhood, SimsVille is one of Geylang condos with attractive investment value. This 99 year leasehold is located at 2 Geylang East Avenue 2, Singapore 389754, in District 14, near Paya Lebar MTR Station. Developed by DBS Land (CapitaLand) and competed in 1998, the building is 16 stories tall and includes 522 apartments. Attractions such as Geylang Serai Malay Village and Singapore Post Center are all in the vicinity. Apartment facilities include covered car park, 24/24 security, wading pool, swimming pool, BBQ pit, gym, gym, tennis court, green and fishing house club.
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Geylang condos: Simsville facade
Geylang condos: Central Grove - Comfort and luxury development in Geylang
Central Grove is a 99-years leasehold development located at Geylang East Boulevard in District 14. The apartment was built in 2001, consists of 18 floors and 131 units. Homes in central Grove include 2 or 3 bedrooms. The apartment is a few minutes from Aljunied train station. East Coast Park is a 10-minute drive from the residence. Central Grove was built by the prestigious investor Capitaland and Far East Organization. The apartment offers many amenities for residents, including Barbecue Area for residents to enjoy picnics and family parties, Covered Parking, Club House for daily events, Gym, Playground, Security 24/24, Swimming pool and Tennis court. In addition, the tall building offers an aesthetic view of the street and surrounding area.
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Geylang condos: Central Grove facade
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