In Singapore's property classification system, Geylang is typically considered part of the Rest of Central Region (RCR). Here’s an overview of the different regions and where Geylang falls:
1. **Core Central Region (CCR):**
- The CCR includes prime districts such as Orchard Road (District 9), Marina Bay (District 1), and Sentosa (District 4). Properties in these areas are typically the most expensive and sought after in Singapore.
2. **Rest of Central Region (RCR):**
- The RCR includes surrounding areas that are close to the CCR but generally more affordable. Geylang, along with areas like Tanjong Rhu, River Valley, and Novena, falls within the RCR category.
3. **Outside Central Region (OCR):**
- The OCR includes residential areas further away from the city center, such as Woodlands, Jurong, and Pasir Ris. These areas typically offer more affordable housing options and larger living spaces compared to the CCR and RCR.
### Geylang:
- **Location:** Geylang is situated to the east of Singapore’s central business district (CBD), making it part of the RCR due to its proximity to the CCR.
- **Characteristics:** Geylang is known for its mix of residential and commercial properties, with a vibrant food scene and diverse cultural heritage. It offers a range of housing options, from traditional shophouses to modern condominiums.
### Property Market in Geylang:
- **Housing Types:** In Geylang, you can find a variety of housing types including HDB flats, condominiums, and landed properties.
- **Investment Potential:** Properties in Geylang may appeal to investors and homebuyers looking for more affordable options within close proximity to the city center and amenities.
### Conclusion:
Geylang is classified under the Rest of Central Region (RCR) in Singapore’s property market classification. This designation reflects its location near the Core Central Region (CCR) while offering relatively more affordable housing options compared to prime districts. Whether for living or investing, Geylang provides a blend of urban convenience and cultural richness within the RCR segment of Singapore's property landscape.
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