District 14
There are 241 condos in District 14 of which, 212 were freehold projects. In the last 36 months, a total of 2479 private property transactions were completed. District 14 offers a diverse range of private properties, catering to various budgets and lifestyles. For condos, the market features established developments like Park Avenue Residences and One East Coast, alongside newer launches like Park Place Residences and Meyerhouse. Landed Houses are primarily concentrated in the exclusive Meyer Road and Joo Chiat areas, these properties are highly sought-after and command premium prices due to their rarity and spaciousness. While currently limited, upcoming EC launches like Tampines Street 62 and Tengah EC could be attractive options for those seeking affordability and modern living.
Browsing by districts is very useful for understanding price trends but can sometimes be disorientating as some condos maybe in different districts despite being a street apart. This is often because of the way the districts are subdivided in the past. If you're having trouble orientating, you might want to browse by MRT stations instead.
Condos and ECs in District 14
Further analysis
Encompassing Eunos, Geylang, and Paya Lebar, District 14 presents a captivating blend of heritage charm, modern development, and exciting potential. Known for its bustling Geylang Serai market, cultural diversity, and convenient connectivity, it attracts both homeowners and investors seeking unique opportunities.
Condominium prices have seen moderate growth in recent years, with some newer developments experiencing more significant increases. Landed houses remain a stable and appreciating segment, driven by limited supply and high demand. ECs, if launched, could offer competitive prices compared to comparable condos. The rental market enjoys high occupancy rates, particularly for condominiums near MRT stations and amenities. Geylang offers budget-friendly options, while Eunos and Paya Lebar cater to professionals and families seeking higher-end living.
Investment potentials
- Urban Transformation: Paya Lebar is undergoing significant transformation with projects like Paya Lebar Quarter, boosting vibrancy and appeal. This could lead to capital appreciation for nearby properties.
- Enduring Heritage: Unique culture and heritage in Geylang and Joo Chiat draw tourists and residents. Properties here offer stable rental yields and potential capital appreciation due to their limited supply and distinct charm.
- Enhanced Connectivity: Upcoming MRT station additions, like the Thomson-East Coast Line extension, will improve accessibility, further enhancing property values.
Geylang, Singapore's infamous red-light district needs careful consideration for investment or residence due to its unique character and potential implications.Beyond broad trends, thoroughly analyze specific projects considering factors like developer reputation, building quality, and amenities before making investment decisions.
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