CommercialBUSINESS 1District 14 · Geylang

60,62 Lorong 23 Geylang

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2000
Quick Summary

60,62 Lorong 23 Geylang is a commercial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. 1 transaction is on record since 1995, most recently in Apr 2000. ACRA records 3 live company registrations at this address.

1

What are the key facts about 60,62 Lorong 23 Geylang?

Key takeaway60,62 Lorong 23 Geylang is a commercial building in District 14 · Geylang, zoned BUSINESS 1.
Asset class
Commercial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Not on record
District / Area
District 14 · Geylang
Address
60,62 Lorong 23 Geylang
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
3
2

About 60,62 Lorong 23 Geylang

60,62 Lorong 23 Geylang is a commercial property in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388383.

Under the URA Master Plan it sits on land zoned business 1 with a gross plot ratio of 2.5.

1 transaction has been recorded here, at a median of S$537 psf. The most recent was in April 2000.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Aljunied MRT, 227 m away (about a 4-minute walk). The closest bus stop (Opp Aljunied Stn) is 91 m away (about a 1-minute walk).

3

What is 60,62 Lorong 23 Geylang zoned as?

Key takeaway60,62 Lorong 23 Geylang sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 60,62 Lorong 23 Geylang sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2000 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2000Shop HouseS$1.80M3,352 sqft$537

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 60,62 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 near 60,62 Lorong 23 Geylang?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 227 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Aljunied Stn · 91 mPlace Of Worship · 113 mEducational Institution · 138 mAljunied MRT Exit A · 177 mHealthserve Community Clinic · 229 mHotel · 378 mGeylang Polyclinic · 801 mMacPherson Community Club · 941 m

Competing premises nearby

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

Blk 49 Sims Place · 224 mYeo Hock Heng · 274 mPaya Lebar Square · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 60,62 Lorong 23 Geylang?

Key takeawayACRA records 3 live company registrations at this address, 1 of them in the last three years.
Live registrations
3
Registered last 3 years
1
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 60,62 Lorong 23 Geylang

Where is 60,62 Lorong 23 Geylang?

60,62 Lorong 23 Geylang is at 60,62 Lorong 23 Geylang, Singapore 388383, in the Geylang planning area.

What is 60,62 Lorong 23 Geylang zoned as?

60,62 Lorong 23 Geylang sits on land zoned business 1 under the URA Master Plan, with a gross plot ratio of 2.5.

What have units at 60,62 Lorong 23 Geylang sold for?

Across 1 recorded transaction, the median price is S$537 psf. The latest was in April 2000.

What is the nearest MRT station to 60,62 Lorong 23 Geylang?

Aljunied MRT is the closest, 227 m away (about a 4-minute walk).

How many businesses are registered at 60,62 Lorong 23 Geylang?

3 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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