CommercialCOMMERCIALConservationFreeholdDistrict 14 · Geylang

The Arizon

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2024
Quick Summary

The Arizon 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. 44 transactions are on record since 1995, most recently in Jun 2024. 3 units are currently listed for sale. ACRA records 62 live company registrations at this address.

1

What are the key facts about The Arizon?

Key takeawayThe Arizon 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
538 Geylang Road
Land area
1,478 sqm
Transactions on record
44 (records start 1995)
Live listings
3
ACRA registrations
62
2

About The Arizon

The Arizon is a mixed-use building in Geylang (District 14). It is located along Geylang Road, Singapore 389493.

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 1,478 sqm of land with about 4,293 sqm of gross floor area.

44 transactions have been recorded here, at a median of S$836 psf. The most recent was in June 2024.

62 businesses are currently registered at this address with ACRA.

The nearest MRT is Aljunied MRT, 509 m away (about a 8-minute walk). The closest bus stop (Aft Lor 34 Geylang) is 94 m away (about a 2-minute walk).

3

What is The Arizon zoned as?

Key takeawayThe Arizon 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 →

4

What has The Arizon sold for?

Key takeawayAcross 44 recorded transactions since 1995, the median price is about S$960k, most recently in Jun 2024.
DateUsePriceAreaPSF
Jun 2024OfficeS$1.10M1,152 sqft$956
May 2024RetailS$2.81M904 sqft$3,106
May 2024RetailS$2.84M915 sqft$3,103
May 2024RetailS$2.52M797 sqft$3,159
May 2024RetailS$2.67M797 sqft$3,357
Apr 2024RetailS$2.84M915 sqft$3,104
Mar 2024RetailS$2.84M915 sqft$3,103
Mar 2024RetailS$2.79M872 sqft$3,206
Mar 2024RetailS$2.59M797 sqft$3,257
Mar 2024RetailS$2.46M635 sqft$3,870

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

How does Geylang Road price?

Key takeawayAcross 50 strata sales on Geylang Road in the last 5 years, the median is $2,600 psf.
Strata sales on the street (5y)
50
Street median PSF (strata)
$2,600

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

6

What do commercial rents run near The Arizon?

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.

7

What is available at The Arizon right now?

Key takeaway3 units are currently listed at The Arizon. One row per unit; several agents often market the same unit.

For sale (3)

  • The ArizonS$3.10M · 915 sqft
  • The ArizonS$3.00M · 904 sqft
  • The ArizonS$3.18M · 796 sqft

Browse every listing at this building →

8

What is near The Arizon?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 509 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Aft Lor 34 Geylang · 94 mPlace Of Worship · 181 mTay Clinic · 183 mEducational Institution · 270 mHotel · 273 mLorong 40 Geylang Pg · 309 mMountbatten Community Club · 503 mAljunied MRT Exit A · 534 mGeylang Polyclinic · 645 m

Competing premises nearby

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

Abedin Trading Pte. Ltd. · 56 mBlk 51 Old Airport Road # · 614 mPaya Lebar Square · 875 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at The Arizon?

Key takeawayACRA records 62 live company registrations at this address, 25 of them in the last three years.
Live registrations
62
Registered last 3 years
25
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.

10

Frequently asked questions about The Arizon

Where is The Arizon?

The Arizon is at 538 Geylang Road, Singapore 389493, in the Geylang planning area.

What is The Arizon zoned as?

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

What is the tenure of The Arizon?

The Arizon is freehold.

Is The Arizon a conserved property?

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

What have units at The Arizon sold for?

Across 44 recorded transactions, the median price is S$836 psf. The latest was in June 2024.

What is the nearest MRT station to The Arizon?

Aljunied MRT is the closest, 509 m away (about a 8-minute walk).

How many businesses are registered at The Arizon?

62 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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