IndustrialBUSINESS 1FreeholdDistrict 13 · Geylang

23 Tannery Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2008
Quick Summary

23 Tannery Road is a industrial building in District 13 · 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 Mar 2008. ACRA records 1 live company registration at this address.

1

What are the key facts about 23 Tannery Road?

Key takeaway23 Tannery Road is a industrial building in District 13 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 13 · Geylang
Address
23 Tannery Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 23 Tannery Road

23 Tannery Road is an industrial property in Geylang (District 13). It is located along Tannery Road, Singapore 347735.

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$591 psf. The most recent was in March 2008.

Across JTC's rental returns for Tannery Road, the median rent for industrial space on this street works out to about S$1.81 psf per month over 106 observations. Observed medians on the street span S$0.55 to S$2.90 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 6.3 km away. The closest business-park zone is about 1.8 km away. The nearest MRT is Mattar MRT, 811 m away (about a 13-minute walk). The closest bus stop (Tannery Blk) is 164 m away (about a 3-minute walk).

1 business is currently registered at this address with ACRA.

3

What is 23 Tannery Road zoned as?

Key takeaway23 Tannery Road sits on land zoned BUSINESS 1 with a gross plot ratio of 2.5.
Land-use zone
BUSINESS 1
Gross plot ratio
2.5

Run the full zoning report for this building →

4

What has 23 Tannery Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2008Single-user FactoryS$3.20M5,416 sqft$591

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

5

What does space at 23 Tannery Road rent for?

Key takeawayNo rent is published for 23 Tannery Road itself. On its street, Tannery Road, strata factory space rented at a median of $2.30 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Tannery Road

Street level · 2026Q3
25th pct
—
— psm
Median
$2.30
$24.75 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +4.5% on a year earlier

2023Q4 · $22.60 psm2026Q3 · $24.75 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

6

Market context around 23 Tannery Road

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Factory (ground floor): Rent S$1.81 psf/mth
  • Factory (upper floor): Rent S$1.41 psf/mth
  • Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
  • Warehouse (ground floor): Rent S$1.91 psf/mth
  • Warehouse (upper floor): Rent S$1.39 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Factory - Ground Floor: Rent S$1.79 psf/mth
  • Factory - Upper Floor: Rent S$1.57 psf/mth
  • High-Tech: Rent S$3.56 psf/mth
  • Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
  • Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
  • Warehouse - Ground Floor: Rent S$1.81 psf/mth
  • Warehouse - Upper Floor: Rent S$1.49 psf/mth
Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp 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.

7

What's been approved at 23 Tannery Road?

Key takeawayURA's planning decisions at 23 Tannery Road since 2000 are below. 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.
  1. 24 Aug 2000Approved
    Additions & alterations

    Proposed additions and alterations to existing 4-storey terrace factory

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).

8

How does Tannery Road price?

Key takeawayTannery Road's current JTC street rent is S$24.75 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.3% (3.8% net of property tax).
Strata sales on the street (5y)
11
Street median PSF (strata)
$646
Indicative street yield
4.3% gross
3.8% 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.

9

What is near 23 Tannery Road?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 811 m away.

Getting around

Amenities nearby

Tannery Blk · 164 mRuby Medical Centre · 174 mEducational Institution · 508 mMattar MRT Exit A · 753 mBlk 69 Geylang Bahru · 927 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 23 Tannery Road

Key takeawayThe nearest station is Mattar (DT25), 753 m away — a quiet station, with 9,848 taps in and out on an average weekday. 14 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 88% of industrial buildings

nearest MRT/LRT Mattar (DT25) 753 m, about 9,848 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 6,882 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 40,000 residents within 1 km (June 2026). Ranked against 8,225 industrial 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

  • Mattar (DT25)753 m · 9,848 weekday taps
  • Geylang Bahru (DT24)804 m · about 12,000 weekday taps
  • Potong Pasir (NE10)853 m · about 35,000 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 23 Tannery Road. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 6,882 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Tannery Lane (URA)139 m
    S$0.60 per half-hour at midday on a weekday · 36 car lots
  • Genting Rd (URA)157 m
    S$0.60 per half-hour at midday on a weekday · 20 car lots
  • Genting Link (URA)236 m
    S$0.60 per half-hour at midday on a weekday · 2 car lots
  • Kallang Way (URA)242 m
    S$0.60 per half-hour at midday on a weekday · 6 car lots
  • Lor Pendek (URA)262 m
    S$0.60 per half-hour at midday on a weekday · 4 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 23 Tannery Road's own car park, if it has one, and its charges are not in the open data.

11

Who's registered at 23 Tannery Road?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 23 Tannery Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    1

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. ACRA, as of 2026-09-16.

12

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$19.51 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$19.51 psm/mo
Observed range
S$5.87 – S$31.21

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.

13

Frequently asked questions about 23 Tannery Road

Where is 23 Tannery Road?⌄

23 Tannery Road is at 23 Tannery Road, Singapore 347735, in the Geylang planning area.

What is 23 Tannery Road zoned as?⌄

23 Tannery Road 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 23 Tannery Road?⌄

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 23 Tannery Road?⌄

23 Tannery Road is freehold.

What have units at 23 Tannery Road sold for?⌄

Across 1 recorded transaction, the median is S$591 psf. The latest was in March 2008.

What does industrial space near 23 Tannery Road rent for?⌄

JTC's rental returns for Tannery Road put the median at about S$1.81 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Tannery Road, not a rent quoted for 23 Tannery Road itself.

What is the nearest MRT station to 23 Tannery Road?⌄

Mattar MRT is the closest, 811 m away (about a 13-minute walk).

How many businesses are registered at 23 Tannery Road?⌄

1 business is currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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