IndustrialBUSINESS 2LeaseholdDistrict 13 · Geylang

124 Genting Lane

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2006
Quick Summary

124 Genting Lane is a industrial building in District 13 · Geylang, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold. 2 transactions are on record since 1995, most recently in Mar 2006. ACRA records 0 live company registrations at this address.

1

What are the key facts about 124 Genting Lane?

Key takeaway124 Genting Lane is a industrial building in District 13 · Geylang, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
2.5
Tenure
Leasehold
District / Area
District 13 · Geylang
Address
124 Genting Lane
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 124 Genting Lane

124 Genting Lane is an industrial property in Geylang (District 13). It is located along Genting Lane, Singapore 349575.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$22 psf. The most recent was in March 2006.

Across JTC's rental returns for Genting Lane, the median rent for industrial space on this street works out to about S$1.60 psf per month over 106 observations. Observed medians on the street span S$0.73 to S$2.20 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

1 industrial project is still uncompleted on this street, adding about 17,170 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 6.0 km away. The closest business-park zone is about 2.0 km away. The nearest MRT is Mattar MRT, 694 m away (about a 11-minute walk). The closest bus stop (Aft Genting Lane) is 148 m away (about a 2-minute walk).

3

What is 124 Genting Lane zoned as?

Key takeaway124 Genting Lane sits on land zoned BUSINESS 2 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 2
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 124 Genting Lane sold for?

Key takeaway2 transactions are on record since 1995, most recently in Mar 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2006Single-user FactoryS$83k6,112 sqft$14
Nov 2002Single-user FactoryS$190k6,112 sqft$31

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 Genting Lane price?

Key takeawayGenting Lane's current JTC street rent is S$23.68 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.7% (3.3% net of property tax).
Strata sales on the street (5y)
20
Street median PSF (strata)
$691
Indicative street yield
3.7% gross
3.3% net of property tax

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.

6

What is near 124 Genting Lane?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 694 m away.

Getting around

Amenities nearby

Aft Genting Lane · 148 mCODE 4 Medical Clinic · 206 mEducational Institution · 303 mMattar MRT Exit A · 667 mBlk 49 Sims Place · 778 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 124 Genting Lane?

Key takeawayACRA records 0 live company registrations at this address.
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.

8

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$17.23 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$17.23 psm/mo
Observed range
S$7.82 – S$23.68
Pipeline on this street
1 project · earliest TOP 2027

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.

9

Frequently asked questions about 124 Genting Lane

Where is 124 Genting Lane?

124 Genting Lane is at 124 Genting Lane, Singapore 349575, in the Geylang planning area.

What is 124 Genting Lane zoned as?

124 Genting Lane is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 2.5. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 124 Genting Lane?

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 124 Genting Lane?

124 Genting Lane is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 124 Genting Lane sold for?

Across 2 recorded transactions, the median is S$22 psf. The latest was in March 2006.

What does industrial space near 124 Genting Lane rent for?

JTC's rental returns for Genting Lane put the median at about S$1.60 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Genting Lane, not a rent quoted for 124 Genting Lane itself.

What is the nearest MRT station to 124 Genting Lane?

Mattar MRT is the closest, 694 m away (about a 11-minute walk).

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