Teck Chye Terrace is named after Lim Teck Chye, a secretary of the Chinese Chamber of Commerce and Legislative Commissioner.
Teck Chye Terrace was built in 1928 by Chinese businessman Lim Teck Chye. A landmark of the former Lim Tua Tow market area, Teck Chye Terrace and Lim Tua Tow market have long been known as a food haven for people living in the vicinity. Until the 1990s, itinerant hawkers peddling fares from fried carrot cake to beef noodles used to throng the market grounds. Today, Teck Chye Terrace is still reputed for its food offerings.