IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Agrow Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2026

Quick Summary

Agrow Building 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. 16 transactions are on record since 1995, at a median S$663 psf, most recently in Feb 2026. 7 units are currently listed for sale or rent. ACRA records 50 live company registrations at this address.

The facts are here — now get the verdict on Agrow Building.

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What are the key facts about Agrow Building?

Key takeawayAgrow Building 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: 90 Lorong 23 Geylang
Land area: 1,608 sqm
Completed: 2016 (JTC industrial completions)
Storeys: 13 (© OpenStreetMap contributors)
Developer: Golden Land Network Pte Ltd (JTC industrial completions)
Strata units (MCST): 22
Managing agent: WEAVEPACT MANAGEMENT PTE LTD
Strata formed: 2018 (MCST 4442)
Units with a recorded sale: At least 12
Listed as: Light Industrial (B1)
Transactions on record: 16 (records start 1995)
Live listings: 7
ACRA registrations: 50

About Agrow Building

Agrow Building is an industrial building in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388393.

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. It sits on about 1,608 sqm of land with roughly 4,046 sqm of gross floor area.

16 transactions have been recorded here, at a median of S$663 psf. The most recent was in February 2026.

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 2.5 km away. The nearest MRT is Aljunied MRT, 199 m away (about a 3-minute walk). The closest bus stop (Opp Aljunied Stn) is 126 m away (about a 2-minute walk).

54 businesses are currently registered at this address with ACRA.

What is Agrow Building zoned as?

Key takeawayAgrow Building 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 →

What has Agrow Building sold for?

Key takeawayAcross 16 recorded transactions since 1995, the median price is about S$1.97M, most recently in Feb 2026.

Date	Use	Price	Area	PSF
Feb 2026	Multiple-user Factory	S$2.03M	2,939 sqft	$691
Sept 2024	Multiple-user Factory	S$2.49M	2,583 sqft	$965
Jan 2024	Multiple-user Factory	S$2.50M	3,122 sqft	$801
Jul 2023	Multiple-user Factory	S$2.48M	2,939 sqft	$844
Dec 2021	Multiple-user Factory	S$1.80M	2,583 sqft	$697
Nov 2021	Multiple-user Factory	S$1.82M	2,583 sqft	$705
Oct 2020	Multiple-user Factory	S$1.94M	3,122 sqft	$622
Oct 2020	Multiple-user Factory	S$1.83M	2,939 sqft	$622
May 2018	Multiple-user Factory	S$1.88M	2,939 sqft	$640
Aug 2016	Multiple-user Factory	S$2.00M	3,122 sqft	$640

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

What does space at Agrow Building rent for?

Key takeawayJTC publishes leases at Agrow Building itself: strata factory space leased at a median of $1.90 psf a month in 2022Q1, with the middle half of leases between $1.87 and $2.10. That is the building's figure across its leases, and never a quote for a particular unit.

Strata factory space in this building

This building · 2022Q1

25th pct

$1.87

$20.13 psm

Median

$1.90

$20.46 psm

75th pct

$2.10

$22.61 psm

S$ per sq ft per month

JTC's percentiles of the gross rent declared to IRAS for strata factory units leased in THIS building in the stated quarter (J-SPACE). It is the building's figure across its leases, not any one unit's rent; a unit's floor, size and fit-out move it. '*' quarters (too few leases) are absent, not zero.

Source: JTC J-SPACE, rentals of strata-titled multiple-user factories.

Strata factory space on Lorong 23 Geylang

Street level · 2026Q3

25th pct

—

— psm

Median

$3.09

$33.27 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +6.9% on a year earlier

2023Q4 · $30.41 psm2026Q3 · $33.27 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.

Market context around Agrow Building

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.

How fast units move at Agrow Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 4 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Agrow Building?

Key takeawayURA has approved 2 changes of use at Agrow Building since 2000, most recently in 2020. 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.

27 Jul 2020ApprovedFloor 1
Change of use to industrial canteen
Proposed change of use of the 1st storey factory unit #01-XX to industrial canteen
21 Sept 2017ApprovedFloor 6
Change of use to indoor farming
Proposed change of use of unit #06-XX to indoor farming at agrow building

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).

How does Lorong 23 Geylang price?

Key takeawayLorong 23 Geylang's current JTC street rent is S$33.27 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 3.6% (3.2% net of property tax).

Strata sales on the street (5y)

Street median PSF (strata)

$943

Indicative street yield

3.6% 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.

What is available at Agrow Building right now?

Key takeaway7 units are currently listed at Agrow Building — 4 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (4)

Agrow BuildingS$2.30M · 2,583 sqft
Lorong 23 GeylangS$8.80M · 5,212 sqft
D14 Shophouse FreeholdS$8.20M · 1,712 sqft
Agrow Building2 agentsS$2.20M · 2,583 sqft

For rent (3)

Agrow BuildingS$6k/mo · 1,700 sqft
Agrow BuildingS$7k/mo · 2,743 sqft
✅ Rare + Central + Ground Floor ✅2 agentsS$6k/mo · 1,600 sqft

Browse every listing at this building →

What is near Agrow Building?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 199 m away.

Getting around

Aljunied MRT199 m · ~3 min

Amenities nearby

Educational Institution · 77 mOpp Aljunied Stn · 126 mAljunied MRT Exit B · 155 mSims Drive Medical Clinic · 179 mBlk 49 Sims Place · 227 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Agrow Building

Key takeawayThe nearest station is Aljunied (EW9), 155 m away — a busy station, with about 47,000 taps in and out on an average weekday. 28 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 99% of industrial buildings

nearest MRT/LRT Aljunied (EW9) 155 m, about 47,000 taps a weekday; bus stops within 400 m: 14, about 32,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 47,000 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

Aljunied (EW9)155 m · about 47,000 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 Agrow Building. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 32,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 52 Sims Place (HDB)145 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 40 car lots
Blk 53 Sims Place (HDB)166 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 66 car lots
Blk 46/47/48/49 Sims Place (HDB)232 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 91 car lots
Blk 63 Sims Place (HDB)232 m
no short-term parking · 88 car lots
Sims Place (URA)258 m
S$0.60 per half-hour at midday on a weekday · 35 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

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

Who's registered at Agrow Building?

Key takeaway50 live companies (and LLPs and branches; sole proprietors are not counted) list Agrow Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
11
Accommodation and food services
10
Information and communications
9
Professional, scientific and technical services
8
Other services
3
Education
2
Manufacturing
2
Financial and insurance
2
Administrative and support services
2
Health and social services
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.

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.

Frequently asked questions about Agrow Building

Where is Agrow Building?⌄

Agrow Building is at 90 Lorong 23 Geylang, Singapore 388393, in the Geylang planning area.

What is Agrow Building zoned as?⌄

Agrow Building 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 Agrow Building?⌄

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 Agrow Building?⌄

Agrow Building is freehold.

What have units at Agrow Building sold for?⌄

Across 16 recorded transactions, the median is S$663 psf. The latest was in February 2026.

What does industrial space near Agrow Building 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 Agrow Building itself.

What is the nearest MRT station to Agrow Building?⌄

Aljunied MRT is the closest, 199 m away (about a 3-minute walk).

How many businesses are registered at Agrow Building?⌄

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

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Read the figures right

Completion year: the first quarter JTC records a TOP (Temporary Occupation Permit) at this address. JTC lists major industrial projects (7,000 sqm and up) from 2013; where an older building stood on the site, this is the current building's year.

Developer: as named on JTC's completion record, often the project company rather than the listed group.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC industrial completions, BCA's MCST register, URA planning decisions, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.