CommercialCOMMERCIALConservationFreeholdDistrict 15 · Geylang

323 Joo Chiat Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2008
Quick Summary

323 Joo Chiat Road is a commercial building in District 15 · Geylang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 4 transactions are on record since 1995, most recently in Jun 2008. ACRA records 1 live company registration at this address.

1

What are the key facts about 323 Joo Chiat Road?

Key takeaway323 Joo Chiat Road is a commercial building in District 15 · Geylang, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 15 · Geylang
Address
323 Joo Chiat Road
Land area
Transactions on record
4 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 323 Joo Chiat Road

323 Joo Chiat Road is a commercial property in Geylang (District 15). It is located along Joo Chiat Road, Singapore 427580.

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.

4 transactions have been recorded here, at a median of S$1,008 psf. The most recent was in June 2008.

1 business is currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 778 m away (about a 12-minute walk). The closest bus stop (Marshall Lane) is 102 m away (about a 2-minute walk).

3

What is 323 Joo Chiat Road zoned as?

Key takeaway323 Joo Chiat 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
Joo Chiat
Conserved building
Yes

Run the full zoning report for this building →

4

What has 323 Joo Chiat Road sold for?

Key takeaway4 transactions are on record since 1995, most recently in Jun 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2008Shop HouseS$1.25M938 sqft$1,333
Jun 2007Shop HouseS$1.03M938 sqft$1,099
Jun 2005Shop HouseS$860k938 sqft$917
Apr 2001Shop HouseS$730k938 sqft$779

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 Joo Chiat Road price?

Key takeawayAcross 67 strata sales on Joo Chiat Road in the last 5 years, the median is $1,883 psf.
Strata sales on the street (5y)
67
Street median PSF (strata)
$1,883

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

6

What do commercial rents run near 323 Joo Chiat 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.

7

What is near 323 Joo Chiat Road?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 778 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Joo Chiat Medical Clinic · 30 mMarshall Lane · 102 mPlace Of Worship · 134 mEducational Institution · 199 mKoon Seng Park · 203 mJoo Chiat Community Club · 263 mHotel · 290 mMarine Parade MRT Exit 3 · 729 mMarine Parade Polyclinic · 936 mParkway East Hospital · 937 m

Competing premises nearby

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

Dunman Food Centre · 99 mi12 Katong · 518 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 323 Joo Chiat 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.

9

Frequently asked questions about 323 Joo Chiat Road

Where is 323 Joo Chiat Road?

323 Joo Chiat Road is at 323 Joo Chiat Road, Singapore 427580, in the Geylang planning area.

What is 323 Joo Chiat Road zoned as?

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

What is the tenure of 323 Joo Chiat Road?

323 Joo Chiat Road is freehold.

Is 323 Joo Chiat Road a conserved property?

Yes. 323 Joo Chiat Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 323 Joo Chiat Road sold for?

Across 4 recorded transactions, the median price is S$1,008 psf. The latest was in June 2008.

What is the nearest MRT station to 323 Joo Chiat Road?

Marine Parade MRT is the closest, 778 m away (about a 12-minute walk).

How many businesses are registered at 323 Joo Chiat 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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