CommercialRESIDENTIALFreeholdDistrict 15 · Geylang

124 Onan Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2023
Quick Summary

124 Onan Road is a commercial building in District 15 · Geylang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.4. It is freehold. 1 transaction is on record since 1995, most recently in Jun 2023. ACRA records 1 live company registration at this address.

1

What are the key facts about 124 Onan Road?

Key takeaway124 Onan Road is a commercial building in District 15 · Geylang, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
1.4
Tenure
Freehold
District / Area
District 15 · Geylang
Address
124 Onan Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 124 Onan Road

124 Onan Road is a mixed-use property in Geylang (District 15). It is located along Onan Road, Singapore 424536.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 1.4.

The site is freehold.

1 transaction has been recorded here, at a median of S$1,343 psf. The most recent was in June 2023.

1 business is currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 810 m away (about a 13-minute walk). The closest bus stop (Aft Tembeling Rd) is 225 m away (about a 4-minute walk).

3

What is 124 Onan Road zoned as?

Key takeaway124 Onan Road sits on land zoned RESIDENTIAL with a gross plot ratio of 1.4.
Land-use zone
RESIDENTIAL
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 124 Onan Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2023Shop HouseS$6.35M4,726 sqft$1,343

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

What do commercial rents run near 124 Onan Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 15 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$109.64 psm/mo
2026Q2
Price side (strata, 5y)
$2,890 psf
86 sales

An INDICATIVE AREA yield for District 15 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 15 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$60.00$91.67$123.00
B1 & Below · 30 & Below$75.81$109.64$243.47
Level 2 & 3 · 30 & Below$68.24$125.48$215.03
Level 4 & Above · >30 - 100$50.75$55.22$59.76
Level 1 · >30 - 100$89.55$111.66$176.50
Level 2 & 3 · >30 - 100$74.56$115.04$179.95
B1 & Below · >30 - 100$96.86$112.98$285.03
Level 1 · >100 - 300$100.81$136.47$176.70

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

6

What is near 124 Onan Road?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 810 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 23 mGP@Joo Chiat Clinic · 221 mCarpmael Park · 224 mAft Tembeling Rd · 225 mHotel · 239 mEducational Institution · 377 mGeylang Serai Community Club · 379 mPaya Lebar MRT Exit F · 748 mEunos Polyclinic · 919 mParkway East Hospital · 1.2 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

NTUC Fairprice Co-operative Ltd · 234 mGeylang Serai Market · 366 mKinex · 436 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 124 Onan Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

8

Frequently asked questions about 124 Onan Road

Where is 124 Onan Road?

124 Onan Road is at 124 Onan Road, Singapore 424536, in the Geylang planning area.

What is 124 Onan Road zoned as?

124 Onan Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 1.4.

What is the tenure of 124 Onan Road?

124 Onan Road is freehold.

What have units at 124 Onan Road sold for?

Across 1 recorded transaction, the median price is S$1,343 psf. The latest was in June 2023.

What is the nearest MRT station to 124 Onan Road?

Paya Lebar MRT is the closest, 810 m away (about a 13-minute walk).

How many businesses are registered at 124 Onan Road?

1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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