Prices in Sentosa drop by 49% while prices in Geylang hits a peak, or has it? The answer is Yes and No. Yes, if you believe the prices in Geylang are at its highest already. And No, it has not as it is flanked by 2 power houses. On its left is Kallang Riverside which is slated in the masterplan to be an extension of the greater Marina Bay. Future commercial and residential buildings will be developed soon. On Geylang’s right is the Paya Lebar iPark where there is 500,000 sqm of space catered for commercial, retail and hotel activities. With these two booming areas, how can Geylang remain a sleepy town? Get ready your money and invest in Geylang!
On the other hand, if there is a drop in the prices of Sentosa homes by 49%, it does not mean that your home has dropped by an equivalent amount. The huge drop in home prices in this instance is area specific but this has inadvertently affected the average figure of the overall property market.