CommercialRESIDENTIAL / INSTITUTIONFreeholdDistrict 14 · Geylang

42a Lorong 23 Geylang

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2016
Quick Summary

42a 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. 1 transaction is on record since 1995, most recently in Dec 2016. 1 unit is currently listed for sale. ACRA records 2 live company registrations at this address.

1

What are the key facts about 42a Lorong 23 Geylang?

Key takeaway42a Lorong 23 Geylang is a commercial building in District 14 · Geylang, zoned RESIDENTIAL / INSTITUTION, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL / INSTITUTION
Gross plot ratio
2.8
Tenure
Freehold
District / Area
District 14 · Geylang
Address
42a Lorong 23 Geylang
Land area
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
2
2

About 42a Lorong 23 Geylang

42A Lorong 23 Geylang is a mixed-use property in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388374.

Under the URA Master Plan it sits on land zoned residential / institution with a gross plot ratio of 2.8.

The site is freehold.

1 transaction has been recorded here, at a median of S$810 psf. The most recent was in December 2016.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Aljunied MRT, 269 m away (about a 4-minute walk). The closest bus stop (Bef Lor 23 Geylang) is 74 m away (about a 1-minute walk).

3

What is 42a Lorong 23 Geylang zoned as?

Key takeaway42a Lorong 23 Geylang sits on land zoned RESIDENTIAL / INSTITUTION with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL / INSTITUTION
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What has 42a Lorong 23 Geylang sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2016 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2016Shop HouseS$889k1,098 sqft$810

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 42a Lorong 23 Geylang?

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.

6

What is available at 42a Lorong 23 Geylang right now?

Key takeaway1 unit is currently listed at 42a Lorong 23 Geylang. One row per unit; several agents often market the same unit.

For sale (1)

  • 42 Lorong 23 Geylang, 388374S$15.00M · 5,141 sqft

Browse every listing at this building →

7

What is near 42a Lorong 23 Geylang?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 269 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bef Lor 23 Geylang · 75 mPlace Of Worship · 102 mHealthserve Community Clinic · 107 mAljunied MRT Exit A · 226 mEducational Institution · 228 mHotel · 395 mMountbatten Community Club · 843 mGeylang Polyclinic · 843 m

Competing premises nearby

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

Yeo Hock Heng · 110 mBlk 49 Sims Place · 372 mPaya Lebar Square · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 42a Lorong 23 Geylang?

Key takeawayACRA records 2 live company registrations at this address, 1 of them in the last three years.
Live registrations
2
Registered last 3 years
1
Most common type
Sole Proprietorship/ Partnership

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 42a Lorong 23 Geylang

Where is 42A Lorong 23 Geylang?

42A Lorong 23 Geylang is at 42A Lorong 23 Geylang, Singapore 388374, in the Geylang planning area.

What is 42A Lorong 23 Geylang zoned as?

42A 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 42A Lorong 23 Geylang?

42A Lorong 23 Geylang is freehold.

What have units at 42A Lorong 23 Geylang sold for?

Across 1 recorded transaction, the median price is S$810 psf. The latest was in December 2016.

What is the nearest MRT station to 42A Lorong 23 Geylang?

Aljunied MRT is the closest, 269 m away (about a 4-minute walk).

How many businesses are registered at 42A Lorong 23 Geylang?

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.

For agents · in the PropKaki app

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