Geylang has been attracting an eclectic mix of newcomers recently. Since last year, at least 10 businesses ranging from start-ups to cafes, co-working spaces and design firms have opened up in the neighbourhood and nearby places such as Cassia Crescent and the old badminton hall in Guillemard Road.
Most of them are owned by entrepreneurs in their 20s and 30s, drawn there by affordable rents, access to MRT stations and the grungy character of the neighbourhood.
According to Ms Edith Tay, the director of real estate company PropertyBank, the growing number of residents from new condominiums is also a pull factor, especially for businesses such as cafes.
Upcoming new developments include the condominium Prime Residence in Lorong 22 Geylang, which will be completed later this year, and Rezi 26 in Lorong 26, which will be completed some time next year.
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