Geylang shaping up as next red-hot district for property investors

Geylang may be emerging as another property investment hot spot in Singapore. Many may find it surprising that private residential prices in this planning area have reached record levels in 2025.

- Christine Sun

Known for its rich cultural heritage, vibrant food scene, unique historical architecture and well-preserved pre-war shophouses, Geylang has often been overlooked for its property investment potential. ST PHOTO: DESMOND WEE

(ST PHOTO: DESMOND WEE)

At the same time, resale flats in Geylang rank fourth among 26 public housing estates with the fastest price growth since 2022.

Known for its rich cultural heritage, vibrant food scene, unique historical architecture and well-preserved prewar shophouses, Geylang has often been overlooked for its property investment potential.

Its traditional social stigma associated with illicit activities and nightlife may soon be replaced by a new identity: a modern hub featuring a diverse array of residential homes, shopping centres, commercial buildings and cultural and lifestyle activities, alongside improved public spaces and enhanced connectivity.

There has already been a noticeable shift in perception among discerning investors who have added Geylang properties to their investment portfolios. Perhaps they are attracted by the forthcoming urban transformation plans. Others may be drawn to the limited availability of properties in this area, which will boost prices in the long term.

What are the urban transformation plans for Geylang? What is the price performance of existing properties? What are the new property developments to watch?

Geylang is fast evolving into a mixed-use neighbourhood. Revitalisation efforts started five years ago as part of the Urban Redevelopment Authority’s (URA) Master Plan 2019. The rejuvenation works stand out from other new growth areas as there is an emphasis on preserving the local culture, distinctive architecture and unique identity of the neighbourhood, alongside rapid housing and urban development.