40,40a,40b Lorong 23 Geylang
40,40a,40b Lorong 23 Geylang is a commercial building in District 14 · Geylang, on land zoned RESIDENTIAL / INSTITUTION under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 3 transactions are on record since 1995, most recently in Jan 2011. ACRA records 0 live company registrations at this address.
What are the key facts about 40,40a,40b Lorong 23 Geylang?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL / INSTITUTION
- Gross plot ratio
- 2.8
- Tenure
- Freehold
- District / Area
- District 14 · Geylang
- Address
- 40,40a,40b Lorong 23 Geylang
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Strata lots (whole development, MCST)
- 3
- Managing agent
- HOE-TAN CO (PTE) LTD
- Strata formed
- 1997 (MCST 2163)
- Submarket
- City Fringe
- Transactions on record
- 3 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 40,40a,40b Lorong 23 Geylang
40,40A,40B Lorong 23 Geylang is a mixed-use property in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388373.
Under the URA Master Plan it sits on land zoned residential / institution with a gross plot ratio of 2.8.
The site is freehold.
3 transactions have been recorded here, at a median of S$597 psf. The most recent was in January 2011.
The nearest MRT is Aljunied MRT, 274 m away (about a 4-minute walk). The closest bus stop (Opp KH Plaza) is 75 m away (about a 1-minute walk).
What is 40,40a,40b Lorong 23 Geylang zoned as?
- Land-use zone
- RESIDENTIAL / INSTITUTION
- Gross plot ratio
- 2.8
What has 40,40a,40b Lorong 23 Geylang sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2011 | Shop House | S$2.50M | 3,617 sqft | $691 |
| Aug 2009 | Shop House | S$1.80M | 3,617 sqft | $498 |
| Jan 1997 | Shop House | S$2.16M | 3,617 sqft | $597 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 40,40a,40b Lorong 23 Geylang rent for?
Retail space — District 14 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 14 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around 40,40a,40b Lorong 23 Geylang
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
What do commercial rents run near 40,40a,40b Lorong 23 Geylang?
Indicative area yield — District 14 retail
An INDICATIVE AREA yield for District 14 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 14 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $60.26 | $68.83 | $77.30 |
| B1 & Below · 30 & Below | $52.94 | $76.47 | $130.25 |
| Level 1 · 30 & Below | $85.00 | $125.00 | $205.26 |
| Level 2 & 3 · >30 - 100 | $71.17 | $84.43 | $161.43 |
| Level 1 · >30 - 100 | $80.67 | $127.33 | $161.46 |
| Level 4 & Above · >30 - 100 | $69.97 | $74.47 | $74.91 |
| B1 & Below · >30 - 100 | $104.10 | $206.00 | $256.12 |
| Level 2 & 3 · >100 - 300 | $101.65 | $112.97 | $180.02 |
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.
What is near 40,40a,40b Lorong 23 Geylang?
Getting around
- Aljunied MRT274 m · ~4 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 40,40a,40b Lorong 23 Geylang
nearest MRT/LRT Aljunied (EW9) 231 m, about 47,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 10, about 32,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 47,000 residents within 1 km (June 2026); 0 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Aljunied (EW9)231 m · about 47,000 weekday taps
- Mountbatten (CC7)863 m · about 12,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 40,40a,40b Lorong 23 Geylang. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with about 32,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Lor 23 Geylang (URA)17 mS$0.60 per half-hour at midday on a weekday · 52 car lots
- Aljunied Rd Off St (URA)68 mS$0.60 per half-hour at midday on a weekday · 13 car lots
- Lor 25 Geylang (URA)113 mS$0.60 per half-hour at midday on a weekday · 34 car lots
- Lor 21A Geylang (URA)125 mS$0.60 per half-hour at midday on a weekday · 8 car lots
- Lor 21 Geylang (URA)165 mS$0.60 per half-hour at midday on a weekday · 24 car lots
Public car parks only, by straight-line distance, with the operator's published rates. 40,40a,40b Lorong 23 Geylang's own car park, if it has one, and its charges are not in the open data.
Who's registered at 40,40a,40b Lorong 23 Geylang?
- Accommodation and food services0
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
Frequently asked questions about 40,40a,40b Lorong 23 Geylang
Where is 40,40A,40B Lorong 23 Geylang?⌄
40,40A,40B Lorong 23 Geylang is at 40,40A,40B Lorong 23 Geylang, Singapore 388373, in the Geylang planning area.
What is 40,40A,40B Lorong 23 Geylang zoned as?⌄
40,40A,40B Lorong 23 Geylang sits on land zoned residential / institution under the URA Master Plan, with a gross plot ratio of 2.8.
What is the tenure of 40,40A,40B Lorong 23 Geylang?⌄
40,40A,40B Lorong 23 Geylang is freehold.
What have units at 40,40A,40B Lorong 23 Geylang sold for?⌄
Across 3 recorded transactions, the median price is S$597 psf. The latest was in January 2011.
What is the nearest MRT station to 40,40A,40B Lorong 23 Geylang?⌄
Aljunied MRT is the closest, 274 m away (about a 4-minute walk).
The facts are here — now get the verdict on 40,40a,40b Lorong 23 Geylang.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.