CommercialCOMMERCIALConservationFreeholdDistrict 14 · Geylang

Oriental Venture Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2024

Quick Summary

Oriental Venture Building 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. 25 transactions are on record since 1995, at a median S$885 psf, most recently in Aug 2024. 2 units are currently listed for rent. ACRA records 99 live company registrations at this address.

The facts are here — now get the verdict on Oriental Venture Building.

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What are the key facts about Oriental Venture Building?

Key takeawayOriental Venture Building 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: 711 Geylang Road
Land area: 562 sqm
Completed: Not on record
Storeys: 4 (© OpenStreetMap contributors)
Managing agent: THE LOCK MANAGEMENT SERVICES PTE LTD
Submarket: Paya Lebar Central
Units with a recorded sale: At least 11
Listed as: Office
Transactions on record: 25 (records start 1995)
Live listings: 2
ACRA registrations: 99

About Oriental Venture Building

Oriental Venture Building is a commercial building in Geylang (District 14). It is located along Geylang Road, Singapore 389626.

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. It occupies roughly 562 sqm of land with about 1,687 sqm of gross floor area.

25 transactions have been recorded here, at a median of S$885 psf. The most recent was in August 2024.

128 businesses are currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 369 m away (about a 6-minute walk). The closest bus stop (Opp Lor 39 Geylang) is 84 m away (about a 1-minute walk).

What is Oriental Venture Building zoned as?

Key takeawayOriental Venture Building 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

BCA-verified envelope: allowable GFA 1,686 sqm · built 1,939 sqm · headroom -253 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

What has Oriental Venture Building sold for?

Key takeawayAcross 25 recorded transactions since 1995, the median price is about S$972k, most recently in Aug 2024.

Date	Use	Price	Area	PSF
Aug 2024	Office	S$1.48M	1,098 sqft	$1,348
Dec 2022	Retail	S$1.30M	1,098 sqft	$1,184
Dec 2022	Retail	S$1.50M	1,356 sqft	$1,106
Mar 2020	Office	S$1.06M	1,098 sqft	$965
May 2019	Office	S$1.30M	1,518 sqft	$857
Nov 2013	Office	S$1.35M	1,528 sqft	$886
Nov 2013	Office	S$972k	1,098 sqft	$885
Nov 2013	Office	S$1.20M	1,356 sqft	$886
Nov 2013	Office	S$972k	1,098 sqft	$885
Mar 2012	Office	S$760k	1,098 sqft	$692

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 Oriental Venture Building rent for?

Key takeawayNo rent is published for Oriental Venture Building itself. On its street, Geylang Road, office space rented at a median of $6.50 psf a month in 2026Q3, with the middle half of leases between $4.83 and $6.97. That is not this building's own rent, and never a quote for a particular unit.

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 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).

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 Oriental Venture Building

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

CBRE, 2Q 2026

Decentralised: Vacancy 3.6%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban (all grades): Rent S$6.48 psf/mth · Vacancy 2.8% · Planned / under construction 0.46m sq ft

Singapore Office MarketBeat Q2 2026

Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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.

How fast units move at Oriental Venture Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Oriental Venture Building?

Key takeawayURA has approved 1 change of use at Oriental Venture Building since 2000, most recently in 2005. 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.

29 Jun 2005ApprovedFloor 1
Change of use to restaurant
Change of use of shop unit #01-XX to restaurant

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 Oriental Venture Building?

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 available at Oriental Venture Building right now?

Key takeaway2 units are currently listed at Oriental Venture Building. One row per unit; several agents often market the same unit.

For rent (2)

Oriental Venture BuildingS$3k/mo · 500 sqft
Oriental Venture BuildingS$4k/mo · 1,098 sqft

Browse every listing at this building →

What is near Oriental Venture Building?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 369 m away — and 3 competing retail premisess operate nearby.

Getting around

Paya Lebar MRT369 m · ~6 min

Amenities nearby

Educational Institution · 44 mM Lam Clinic · 61 mHotel · 61 mOpp Lor 39 Geylang · 84 mLorong 40 Geylang Pg · 152 mPaya Lebar MRT Exit D · 305 mPlace Of Worship · 348 mGeylang Polyclinic · 600 mMountbatten Community Club · 714 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 · 175 mPaya Lebar Quarter · 498 mBlks 13/14 Haig Road · 628 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Oriental Venture Building

Key takeawayThe nearest station is Paya Lebar (EW8 / CC9), 304 m away — one of the busiest stations, with about 95,000 taps in and out on an average weekday. 21 public car parks are within 500 m.

Foot traffic: busier than 29% of office buildings

nearest MRT/LRT Paya Lebar (EW8/CC9) 304 m, about 95,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 9, about 19,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 44,000 residents within 1 km (June 2026). Ranked against 485 office 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), not a count of people.

Stations within 1 km

Paya Lebar (EW8 / CC9)304 m · about 95,000 weekday taps
Dakota (CC8)677 m · about 16,000 weekday taps
Aljunied (EW9)802 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 Oriental Venture Building. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

Lor 37 Geylang Off St (URA)62 m
S$0.60 per half-hour at midday on a weekday · 28 car lots
Lor 37 Geylang (URA)91 m
S$0.60 per half-hour at midday on a weekday · 19 car lots
Service Rd (Lor 44 Gey Lang) (URA)98 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Lor 40 Geylang (URA)105 m
S$0.60 per half-hour at midday on a weekday · 21 car lots
Lor 39 Geylang (URA)118 m
S$0.60 per half-hour at midday on a weekday · 19 car lots

Nearest URA season parking: Geylang Area, 891 m away, S$90/month.

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

Who's registered at Oriental Venture Building?

Key takeaway99 live companies (and LLPs and branches; sole proprietors are not counted) list Oriental Venture Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
25
Professional, scientific and technical services
18
Financial and insurance
12
Transportation and storage
10
Construction
9
Information and communications
6
Administrative and support services
4
Education
4
Real estate
3
Health and social services
3

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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

What is Oriental Venture Building's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 104 kWh/m²·yr

Frequently asked questions about Oriental Venture Building

Where is Oriental Venture Building?⌄

Oriental Venture Building is at 711 Geylang Road, Singapore 389626, in the Geylang planning area.

What is Oriental Venture Building zoned as?⌄

Oriental Venture Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Oriental Venture Building?⌄

Oriental Venture Building is freehold.

Is Oriental Venture Building a conserved property?⌄

Yes. Oriental Venture Building falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Oriental Venture Building sold for?⌄

Across 25 recorded transactions, the median price is S$885 psf. The latest was in August 2024.

What is the nearest MRT station to Oriental Venture Building?⌄

Paya Lebar MRT is the closest, 369 m away (about a 6-minute walk).

How many businesses are registered at Oriental Venture Building?⌄

128 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.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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.

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.

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 BCA's MCST register, PropKaki's submarket map, URA planning decisions, 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.