CommercialCOMMERCIALConservationFreeholdDistrict 14 · Geylang

Geylang Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2021

Quick Summary

Geylang Conservation Area 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 Dec 2021. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on Geylang Conservation Area.

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What are the key facts about Geylang Conservation Area?

Key takeawayGeylang Conservation Area 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: 698 Geylang Road
Land area: —
Completed: Not on record
Storeys: 2 (© OpenStreetMap contributors)
Submarket: Paya Lebar Central
Transactions on record: 3 (records start 1995)
Live listings: None
ACRA registrations: 1

About Geylang Conservation Area

Geylang Conservation Area is a commercial conservation area in Geylang (District 14). It is located along Geylang Road, Singapore 389616.

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$652 psf. The most recent was in December 2021.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 328 m away (about a 5-minute walk). The closest bus stop (Opp Lor 39 Geylang) is 26 m away (about a 0-minute walk).

What is Geylang Conservation Area zoned as?

Key takeawayGeylang Conservation Area 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
Conserved building: Yes

Run the full zoning report for this building →

What has Geylang Conservation Area sold for?

Key takeaway3 transactions are on record since 1995, most recently in Dec 2021 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Dec 2021	Shop House	S$3.80M	1,504 sqft	$2,527
Nov 2006	Shop House	S$920k	1,504 sqft	$612
Jan 2002	Shop House	S$980k	1,504 sqft	$652

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 Geylang Conservation Area rent for?

Key takeawayNo rent is published for Geylang Conservation Area itself. On its street, Geylang Road, retail space rented at a median of $7.90 psf a month in 2026Q3, with the middle half of leases between $6.35 and $13.44. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Geylang Road

Street level · 2026Q3

25th pct

$6.35

$68.31 psm

Median

$7.90

$85.00 psm

75th pct

$13.44

$144.71 psm

S$ per sq ft per month · median -4.7% on a year earlier

2023Q4 · $97.47 psm2026Q3 · $85.00 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on Geylang Road

Street level · 2026Q3

25th pct

$4.83

$52.00 psm

Median

$6.50

$70.00 psm

75th pct

$6.97

$75.00 psm

S$ per sq ft per month · median +0.5% on a year earlier

2023Q4 · $52.56 psm2026Q3 · $70.00 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 14 retail

Region band · 2026Q3

25th pct

$7.49

$80.67 psm

Median

$10.45

$112.50 psm

75th pct

$12.53

$134.91 psm

S$ 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 Geylang Conservation Area

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft

Singapore Retail MarketBeat Q2 2026

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's been approved at Geylang Conservation Area?

Key takeawayURA has approved 1 change of use at Geylang Conservation Area since 2000, most recently in 2007. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

F&B and nightlife here

URA does not approve new eating houses (restaurants, coffee shops, cafes) here; an existing one's permission may be renewed.

Per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.

26 Feb 2026Renewed
Continued use as karaoke lounge
Continued use of the 2-storey building as karaoke lounge
22 Nov 2022Renewed
Continued use as karaoke lounge
Continued use of the 2-storey building as karaoke lounge
12 Nov 2019Renewed
Continued use as karaoke lounge
Continued use of the 2 units of 2-storey building as karaoke lounge
21 Nov 2018Renewed
Continued use as karaoke lounge
Continued use of the 2 units of 2-storey building as karaoke lounge
14 Dec 2017Renewed
Continued use as karaoke lounge
Continued use of the 2 units of 2-storey building as karaoke lounge
8 Dec 2016Renewed
Continued use as karaoke lounge
Continued use of the 2 units of 2-storey building as karaoke lounge
2 Dec 2015Renewed
Continued use as karaoke lounge
Continued use of the 2 units of 2-storey building as karaoke lounge
10 Dec 2014Renewed
Continued use as karaoke lounge
Continued use of the 2 units of 2-storey building as karaoke lounge
27 Nov 2013Renewed
Continued use as karaoke lounge
Continued use of the 2 units of 2-storey building as karaoke lounge
10 Sept 2008Approved
Additions & alterations
Proposed additions & alterations works involving retention of structure for strengtening of load bearing wall to existing 2-storey shophouses
16 Feb 2007Approved
Change of use to bar or pub and karaoke lounge
Change of use of the 2-storey shophouse to bar or pub and karaoke lounge

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

How does Geylang Road price?

Key takeawayAcross 48 strata sales on Geylang Road in the last 5 years, the median is $2,787 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,787

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

What do commercial rents run near Geylang Conservation Area?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 14 retail

Gross yield (area)

5.1%

4.5% net of property tax

Rent side (median of bands)

$112.50 psm/mo

2026Q3

Price side (strata, 5y)

$2,480 psf

106 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, 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 Geylang Conservation Area?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 328 m away — and 3 competing retail premisess operate nearby.

Getting around

Paya Lebar MRT328 m · ~5 min

Amenities nearby

Opp Lor 39 Geylang · 26 mHotel · 48 mM Lam Clinic · 53 mEducational Institution · 65 mGuillemard Rd Os · 166 mPaya Lebar MRT Exit D · 254 mPlace Of Worship · 294 mGeylang Polyclinic · 682 mGeylang Serai Community Club · 702 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 268 mKinex · 426 mBlks 13/14 Haig Road · 523 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Geylang Conservation Area

Key takeawayThe nearest station is Paya Lebar (EW8 / CC9), 253 m away — one of the busiest stations, with about 95,000 taps in and out on an average weekday. 18 public car parks are within 500 m.

Foot traffic: busier than 64% of retail buildings

nearest MRT/LRT Paya Lebar (EW8/CC9) 253 m, about 95,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 11, about 19,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 43,000 residents within 1 km (June 2026); 4 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

Paya Lebar (EW8 / CC9)253 m · about 95,000 weekday taps
Dakota (CC8)671 m · about 16,000 weekday taps
Aljunied (EW9)912 m · about 47,000 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 Geylang Conservation Area. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Service Rd (Lor 44 Gey Lang) (URA)30 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Lor 39 Geylang (URA)106 m
S$0.60 per half-hour at midday on a weekday · 19 car lots
Lor 41 Geylang (URA)143 m
S$0.60 per half-hour at midday on a weekday · 44 car lots
Lor 40 Geylang (URA)150 m
S$0.60 per half-hour at midday on a weekday · 21 car lots
Lor 39 Service Rd Geyl Ang (URA)153 m
S$0.60 per half-hour at midday on a weekday · 5 car lots

Nearest URA season parking: Geylang Area, 990 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Geylang Conservation Area's own car park, if it has one, and its charges are not in the open data.

Who's registered at Geylang Conservation Area?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Geylang Conservation Area as their registered address. These are registered businesses, not who occupies the space.

Professional, scientific and technical services
1

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 Geylang Conservation Area

Where is Geylang Conservation Area?⌄

Geylang Conservation Area is at 698 Geylang Road, Singapore 389616, in the Geylang planning area.

What is Geylang Conservation Area zoned as?⌄

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

What is the tenure of Geylang Conservation Area?⌄

Geylang Conservation Area is freehold.

Is Geylang Conservation Area a conserved property?⌄

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

What have units at Geylang Conservation Area sold for?⌄

Across 3 recorded transactions, the median price is S$652 psf. The latest was in December 2021.

What is the nearest MRT station to Geylang Conservation Area?⌄

Paya Lebar MRT is the closest, 328 m away (about a 5-minute walk).

How many businesses are registered at Geylang Conservation Area?⌄

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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Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

F&B / nightlife: per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline, not a decision on any unit.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, URA circular DC23-08 (2 Oct 2023), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.