CommercialCOMMERCIALConservationFreeholdDistrict 14 · Geylang

248 Geylang Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2021
Quick Summary

248 Geylang Road is a commercial building in District 14 · Geylang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 3 transactions are on record since 1995, most recently in Aug 2021. ACRA records 2 live company registrations at this address.

1

What are the key facts about 248 Geylang Road?

Key takeaway248 Geylang Road is a commercial building in District 14 · Geylang, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 14 · Geylang
Address
248 Geylang Road
Land area
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 248 Geylang Road

248 Geylang Road is a commercial property in Geylang (District 14). It is located along Geylang Road, Singapore 389306.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold.

3 transactions have been recorded here, at a median of S$1,173 psf. The most recent was in August 2021.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Aljunied MRT, 724 m away (about a 11-minute walk). The closest bus stop (Opp Mohd Salleh Mque) is 89 m away (about a 1-minute walk).

3

What is 248 Geylang Road zoned as?

Key takeaway248 Geylang Road sits on land zoned COMMERCIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Conservation area
Geylang

Run the full zoning report for this building →

4

What has 248 Geylang Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Aug 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2021Shop HouseS$2.19M1,066 sqft$2,054
Aug 2008Shop HouseS$1.25M1,066 sqft$1,173
Dec 1998Shop HouseS$100k1,066 sqft$94

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

How does Geylang Road price?

Key takeawayAcross 50 strata sales on Geylang Road in the last 5 years, the median is $2,600 psf.
Strata sales on the street (5y)
50
Street median PSF (strata)
$2,600

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near 248 Geylang 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 14 retail

Gross yield (area)
4.4%
3.9% net of property tax
Rent side (median of bands)
$96.97 psm/mo
2026Q2
Price side (strata, 5y)
$2,475 psf
113 sales

An INDICATIVE AREA yield for District 14 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 14 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$82.14$95.00$145.45
B1 & Below · 30 & Below$41.18$58.82$72.93
Level 2 & 3 · 30 & Below$59.62$65.22$74.50
Level 1 · >30 - 100$65.33$78.20$116.05
Level 2 & 3 · >30 - 100$54.07$96.97$174.25
Level 4 & Above · >30 - 100$114.92$138.10$233.82
B1 & Below · >30 - 100$159.63$224.93$312.51
Level 1 · >100 - 300$69.58$102.84$157.15

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.

7

What is near 248 Geylang Road?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 724 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Mohd Salleh Mque · 89 mXinhuo Medical Clinic · 196 mHotel · 219 mEducational Institution · 335 mPlace Of Worship · 359 mAljunied MRT Exit A · 676 mGeylang West Community Club · 729 m

Competing premises nearby

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

Prb Trading Pte. Ltd. · 63 mBlk 49 Sims Place · 558 mKallang Wave Mall · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 248 Geylang Road?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
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.

9

Frequently asked questions about 248 Geylang Road

Where is 248 Geylang Road?

248 Geylang Road is at 248 Geylang Road, Singapore 389306, in the Geylang planning area.

What is 248 Geylang Road zoned as?

248 Geylang Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 248 Geylang Road?

248 Geylang Road is freehold.

Is 248 Geylang Road a conserved property?

Yes. 248 Geylang Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 248 Geylang Road sold for?

Across 3 recorded transactions, the median price is S$1,173 psf. The latest was in August 2021.

What is the nearest MRT station to 248 Geylang Road?

Aljunied MRT is the closest, 724 m away (about a 11-minute walk).

How many businesses are registered at 248 Geylang Road?

2 businesses are 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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