PropKaki
IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Agrow Building

Reviewed by Nathan TangUpdated 10 August 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, most recently in Feb 2026. 9 units are currently listed for sale or rent. ACRA records 54 live company registrations at this address.

The facts are here — now get the verdict on Agrow Building.Ask PropKaki
1

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
Transactions on record
16 (records start 1995)
Live listings
9
ACRA registrations
54
2

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.

3

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 →

4

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.
DateUsePriceAreaPSF
Feb 2026Multiple-user FactoryS$2.03M2,939 sqft$691
Sept 2024Multiple-user FactoryS$2.49M2,583 sqft$965
Jan 2024Multiple-user FactoryS$2.50M3,122 sqft$801
Jul 2023Multiple-user FactoryS$2.48M2,939 sqft$844
Dec 2021Multiple-user FactoryS$1.80M2,583 sqft$697
Nov 2021Multiple-user FactoryS$1.82M2,583 sqft$705
Oct 2020Multiple-user FactoryS$1.83M2,939 sqft$622
Oct 2020Multiple-user FactoryS$1.94M3,122 sqft$622
May 2018Multiple-user FactoryS$1.88M2,939 sqft$640
Aug 2016Multiple-user FactoryS$2.00M3,122 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.

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 available at Agrow Building right now?

Key takeaway9 units are currently listed at Agrow Building — 6 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Geylang lorong 23S$16.80M · 13,388 sqft
  • Agrow Building2 agentsS$2.20M · 2,582 sqft
  • Lorong 23 GeylangS$8.80M · 5,212 sqft
  • Agrow BuildingS$3.12M · 3,121 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 →

7

What is near Agrow Building?

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

Getting around

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.

8

How many companies are registered at Agrow Building?

Key takeawayACRA records 54 live company registrations at this address, 12 of them in the last three years.
Live registrations
54
Registered last 3 years
12

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.

9

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.

10

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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