I think with 2 IRs coming up this year, CapitalLand better build a new building downtown, preferably somewhere in 'Central South', aggregating what they have cleared out from Geylang Bermuda triangle.
Multi-story building can be an Education hub - one floor PRC meimeis with student visas, 1 floor Thai students, 1 floor Vietnamese student pass holders, 1 floor Cambodian etc etc
Eat, Drink, Gamble, Vice - must fulfil all 4 Modernizations mah !