According to Chia Siew Chuin who is the Director of Research & Advisory at Colliers, Geylang is indicating some red-light activities that have led to URA’s rezoning decision. Lorong’s 4-22 residential institutions have been converted to commercial institutions near The Terrace EC.
You will notice a number of activities in this area such as dining areas, offices, affordable hotels as well as residential projects.
The Terrace EC
It may be a problem to mix residential residences wit businesses as there will be a lot of disturbance. The food restaurants are open the better part of the day while the bars and clubs may remain open up until way past midnight.
Since the year 2010, it is evident that the area has launched about 400 new residential units. Out of the 400, 100 have been completed whereas the remaining 300 should be released in the year 2015 for The Terrace EC.
The Terrace EC Singapore
In the event that the population is still on the increase, there may be a conflict as some landlords pile up the number of tenants as a way of maximizing and make the best of their property.
Lorongs has been changed to a commercial bed and it is assumed that the construction and letting of mini-offices is underway for SME office space.
The development of such areas is noted that there is a possibility other areas will be converted into business areas near The Terrace EC.