122 Lorong 23 Geylang
122 Lorong 23 Geylang is a industrial building in District 14 · Geylang, on land zoned BUSINESS 1 under the URA Master Plan with a gross plot ratio of 2.5. It is freehold. 1 transaction is on record since 1995, most recently in May 2024. ACRA records 0 live company registrations at this address.
What are the key facts about 122 Lorong 23 Geylang?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 14 · Geylang
- Address
- 122 Lorong 23 Geylang
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 122 Lorong 23 Geylang
122 Lorong 23 Geylang is an industrial property in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388404.
Under the URA Master Plan the site is zoned Business 1 with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.
The site is freehold.
1 transaction has been recorded here, at a median of S$1,574 psf. The most recent was in May 2024.
Across JTC's rental returns for Lorong 23 Geylang, the median rent for industrial space on this street works out to about S$2.04 psf per month over 105 observations. Observed medians on the street span S$1.20 to S$2.99 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.
2 industrial projects are still uncompleted on this street, adding about 3,190 sqm of gross floor area, the earliest due around 2029.
The nearest port or airport land is about 5.4 km away. The closest business-park zone is about 2.4 km away. The nearest MRT is Aljunied MRT, 321 m away (about a 5-minute walk). The closest bus stop (Bef Blk 53) is 31 m away (about a 0-minute walk).
What is 122 Lorong 23 Geylang zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has 122 Lorong 23 Geylang sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2024 | Single-user Factory | S$14.60M | 9,277 sqft | $1,574 |
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.
How does Lorong 23 Geylang price?
An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Street figures cover strata deals only — land and strata PSF are not comparable.
What is near 122 Lorong 23 Geylang?
Getting around
- Aljunied MRT321 m · ~5 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at 122 Lorong 23 Geylang?
- Live registrations
- 0
- Registered last 3 years
- 0
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.
What does industrial space rent for on this street?
- Street rent, median
- S$21.98 psm/mo
- Observed range
- S$12.92 – S$32.15
- Pipeline on this street
- 2 projects · earliest TOP 2029
JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.
Frequently asked questions about 122 Lorong 23 Geylang
Where is 122 Lorong 23 Geylang?⌄
122 Lorong 23 Geylang is at 122 Lorong 23 Geylang, Singapore 388404, in the Geylang planning area.
What is 122 Lorong 23 Geylang zoned as?⌄
122 Lorong 23 Geylang is zoned Business 1 under the URA Master Plan, with a gross plot ratio of 2.5. Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m.
What kind of business can operate at 122 Lorong 23 Geylang?⌄
Business 1 zoning covers clean and light industry with a nuisance buffer of 50 m. The specific trade still has to be approved, so check the permissible-use list for your activity.
What is the tenure of 122 Lorong 23 Geylang?⌄
122 Lorong 23 Geylang is freehold.
What have units at 122 Lorong 23 Geylang sold for?⌄
Across 1 recorded transaction, the median is S$1,574 psf. The latest was in May 2024.
What does industrial space near 122 Lorong 23 Geylang rent for?⌄
JTC's rental returns for Lorong 23 Geylang put the median at about S$2.04 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lorong 23 Geylang, not a rent quoted for 122 Lorong 23 Geylang itself.
What is the nearest MRT station to 122 Lorong 23 Geylang?⌄
Aljunied MRT is the closest, 321 m away (about a 5-minute walk).
The facts are here — now get the verdict on 122 Lorong 23 Geylang.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.