CommercialCOMMERCIALConservationLeaseholdDistrict 14 · Geylang

Teambuild Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2024

Quick Summary

Teambuild Centre 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 leasehold with roughly 74 years remaining. 25 transactions are on record since 1995, at a median S$440 psf, most recently in May 2024. 2 units are currently listed for rent. ACRA records 94 live company registrations at this address.

The facts are here — now get the verdict on Teambuild Centre.

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What are the key facts about Teambuild Centre?

Key takeawayTeambuild Centre is a commercial building in District 14 · Geylang, zoned COMMERCIAL, held leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 3.0
Tenure: Leasehold
District / Area: District 14 · Geylang
Address: 701 Geylang Road
Land area: 811 sqm
Completed: Not on record
Storeys: 4 (© OpenStreetMap contributors)
Strata units (MCST): 17
Managing agent: THE LOCK MANAGEMENT SERVICES PTE LTD
Strata formed: 2003 (MCST 2804)
Submarket: Paya Lebar Central
Units with a recorded sale: At least 14
Listed as: Office, Other Retail, Shop / Shophouse
Transactions on record: 25 (records start 1995)
Live listings: 2
ACRA registrations: 94

About Teambuild Centre

Teambuild Centre is a commercial building in Geylang (District 14). It is located along Geylang Road, Singapore 389687.

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 leasehold, with about 74 years remaining on the lease. It occupies roughly 811 sqm of land with about 2,432 sqm of gross floor area.

25 transactions have been recorded here, at a median of S$440 psf. The most recent was in May 2024.

108 businesses are currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 414 m away (about a 6-minute walk). The closest bus stop (Opp Lor 39 Geylang) is 137 m away (about a 2-minute walk). Paya Lebar Quarter is 546 m away (about a 8-minute walk).

What is Teambuild Centre zoned as?

Key takeawayTeambuild Centre 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 2,433 sqm · built 1,943 sqm · headroom 490 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 Teambuild Centre sold for?

Key takeawayAcross 25 recorded transactions since 1995, the median price is about S$466k, most recently in May 2024.

Date	Use	Price	Area	PSF
May 2024	Office	S$700k	1,033 sqft	$677
Jul 2021	Office	S$832k	1,130 sqft	$736
Jun 2018	Office	S$700k	1,033 sqft	$677
Feb 2017	Office	S$870k	1,184 sqft	$735
May 2016	Office	S$760k	1,270 sqft	$598
Sept 2014	Office	S$530k	829 sqft	$639
Jul 2012	Office	S$850k	1,184 sqft	$718
Jun 2012	Office	S$660k	1,270 sqft	$520
Aug 2011	Office	S$760k	1,184 sqft	$642
Mar 2010	Office	S$560k	1,184 sqft	$473

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 Teambuild Centre rent for?

Key takeawayNo rent is published for Teambuild Centre 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 Teambuild Centre

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 Teambuild Centre

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, 0 new listings 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 Teambuild Centre?

Key takeawayURA has approved 1 change of use at Teambuild Centre since 2000, most recently in 2026. 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.

17 Apr 2026Agency worksFloor 1
Change of use to gym / fitness centre
Lodgment for proposed use of unit #01-XX as gym / fitness centre

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 Teambuild Centre?

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 Teambuild Centre right now?

Key takeaway2 units are currently listed at Teambuild Centre. One row per unit; several agents often market the same unit.

For rent (2)

Teambuild Centre2 agentsS$5k/mo · 1,270 sqft
Teambuild Centre2 agentsS$7k/mo · 1,130 sqft

Browse every listing at this building →

What is near Teambuild Centre?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 414 m away.

Getting around

Paya Lebar MRT414 m · ~7 min

Amenities nearby

Hotel · 49 mEducational Institution · 96 mM Lam Clinic · 116 mNTUC Fairprice Co-operative Ltd · 124 mLorong 40 Geylang Pg · 129 mOpp Lor 39 Geylang · 137 mPlace Of Worship · 340 mPaya Lebar MRT Exit D · 353 mPaya Lebar Quarter · 547 mGeylang Polyclinic · 582 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Teambuild Centre

Key takeawayThe nearest station is Paya Lebar (EW8 / CC9), 353 m away — one of the busiest stations, with about 95,000 taps in and out on an average weekday. 22 public car parks are within 500 m.

Foot traffic: busier than 28% of office buildings

nearest MRT/LRT Paya Lebar (EW8/CC9) 353 m, about 95,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 9, about 20,000 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)353 m · about 95,000 weekday taps
Dakota (CC8)665 m · about 16,000 weekday taps
Aljunied (EW9)752 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 Teambuild Centre. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Lor 37 Geylang Off St (URA)34 m
S$0.60 per half-hour at midday on a weekday · 28 car lots
Lor 37 Geylang (URA)95 m
S$0.60 per half-hour at midday on a weekday · 19 car lots
Lor 40 Geylang (URA)99 m
S$0.60 per half-hour at midday on a weekday · 21 car lots
Lor 35 Geylang (URA)123 m
S$0.60 per half-hour at midday on a weekday · 13 car lots
Lor 38 Geylang (URA)143 m
S$0.60 per half-hour at midday on a weekday · 4 car lots

Nearest URA season parking: Geylang Area, 836 m away, S$90/month.

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

Who's registered at Teambuild Centre?

Key takeaway94 live companies (and LLPs and branches; sole proprietors are not counted) list Teambuild Centre as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
18
Wholesale and retail trade
16
Construction
13
Professional, scientific and technical services
11
Manufacturing
8
Real estate
7
Information and communications
6
Accommodation and food services
6
Other services
4
Administrative and support services
2

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 Teambuild Centre's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 226 kWh/m²·yr

Frequently asked questions about Teambuild Centre

Where is Teambuild Centre?⌄

Teambuild Centre is at 701 Geylang Road, Singapore 389687, in the Geylang planning area.

What is Teambuild Centre zoned as?⌄

Teambuild Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Teambuild Centre?⌄

Teambuild Centre is leasehold. About 74 years remain on the lease.

Is Teambuild Centre a conserved property?⌄

Yes. Teambuild Centre falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Teambuild Centre sold for?⌄

Across 25 recorded transactions, the median price is S$440 psf. The latest was in May 2024.

What is the nearest MRT station to Teambuild Centre?⌄

Paya Lebar MRT is the closest, 414 m away (about a 6-minute walk).

How many businesses are registered at Teambuild Centre?⌄

108 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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Read the figures right

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

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

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.