While it’s not as flamboyant as Geylang, many Singaporeans may also know that Desker Road is a red-light area. But as areas like Bugis* and Keong Saik Road demonstrate, these locations can clean up over time. And when they do, those still holding on to properties there can see huge returns – Bugis today, for example, is in a district that beats Orchard on a price per square foot basis, and Keong Saik is packed with high-end boutique hotels. As such, some forward-thinking investors have begun to scrutinise Desker Road, and its shrinking red-light areas. Source Given the central location, are we seeing something investment worthy? Here’s a quick look at the numbers: *The area where Bugis Junction and Bugis+ are currently located was once the heart of a red-light district, right up till the early ‘80s. It’s reputation aside, what’s the...