IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

50,50a,50b,50c Lorong 23 Geylang

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

50,50a,50b,50c 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. 3 transactions are on record since 1995, most recently in Nov 2024. ACRA records 5 live company registrations at this address.

1

What are the key facts about 50,50a,50b,50c Lorong 23 Geylang?

Key takeaway50,50a,50b,50c Lorong 23 Geylang is a industrial building in District 14 · Geylang, zoned BUSINESS 1, held freehold.
Asset class
Industrial
Land-use zone
BUSINESS 1
Gross plot ratio
2.5
Tenure
Freehold
District / Area
District 14 · Geylang
Address
50,50a,50b,50c Lorong 23 Geylang
Land area
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
5
2

About 50,50a,50b,50c Lorong 23 Geylang

50,50A,50B,50C Lorong 23 Geylang is an industrial property in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388377.

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.

3 transactions have been recorded here, at a median of S$1,650 psf. The most recent was in November 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 5.2 km away. The closest business-park zone is about 2.7 km away. The nearest MRT is Aljunied MRT, 185 m away (about a 3-minute walk). The closest bus stop (Opp Aljunied Stn) is 70 m away (about a 1-minute walk).

5 businesses are currently registered at this address with ACRA.

3

What is 50,50a,50b,50c Lorong 23 Geylang zoned as?

Key takeaway50,50a,50b,50c Lorong 23 Geylang 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 50,50a,50b,50c Lorong 23 Geylang sold for?

Key takeaway3 transactions are on record since 1995, most recently in Nov 2024 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2024Multiple-user FactoryS$10.38M4,157 sqft$2,497
Mar 2019Single-user FactoryS$6.86M4,157 sqft$1,650
Sept 2000Single-user FactoryS$2.52M4,157 sqft$607

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 Lorong 23 Geylang price?

Key takeawayLorong 23 Geylang's current JTC street rent is S$32.15 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 3.5% (3.2% net of property tax).
Strata sales on the street (5y)
36
Street median PSF (strata)
$933
Indicative street yield
3.5% gross
3.2% 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 50,50a,50b,50c Lorong 23 Geylang?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 185 m away.

Getting around

Amenities nearby

Opp Aljunied Stn · 70 mEducational Institution · 114 mAljunied MRT Exit A · 135 mECM Clinic & Surgery · 180 mBlk 49 Sims Place · 284 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 50,50a,50b,50c Lorong 23 Geylang?

Key takeawayACRA records 5 live company registrations at this address, 3 of them in the last three years.
Live registrations
5
Registered last 3 years
3

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$21.98 psm/month — an all-time median from 2000 onwards, not a current rent.
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.

9

Frequently asked questions about 50,50a,50b,50c Lorong 23 Geylang

Where is 50,50A,50B,50C Lorong 23 Geylang?

50,50A,50B,50C Lorong 23 Geylang is at 50,50A,50B,50C Lorong 23 Geylang, Singapore 388377, in the Geylang planning area.

What is 50,50A,50B,50C Lorong 23 Geylang zoned as?

50,50A,50B,50C 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 50,50A,50B,50C 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 50,50A,50B,50C Lorong 23 Geylang?

50,50A,50B,50C Lorong 23 Geylang is freehold.

What have units at 50,50A,50B,50C Lorong 23 Geylang sold for?

Across 3 recorded transactions, the median is S$1,650 psf. The latest was in November 2024.

What does industrial space near 50,50A,50B,50C 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 50,50A,50B,50C Lorong 23 Geylang itself.

What is the nearest MRT station to 50,50A,50B,50C Lorong 23 Geylang?

Aljunied MRT is the closest, 185 m away (about a 3-minute walk).

How many businesses are registered at 50,50A,50B,50C Lorong 23 Geylang?

5 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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