IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Arcsphere

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2026

Quick Summary

Arcsphere 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. 33 transactions are on record since 1995, at a median S$970 psf, most recently in Aug 2026. 3 units are currently listed for sale or rent. ACRA records 40 live company registrations at this address.

The facts are here — now get the verdict on Arcsphere.

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What are the key facts about Arcsphere?

Key takeawayArcsphere 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: 124 Lorong 23 Geylang
Land area: 914 sqm
Completed: 2015 (per CommercialGuru)
Storeys: Not on record
Developer: Oxley Sims Pte Ltd (per CommercialGuru)
Strata units (MCST): 19
Managing agent: OCEAN IFM PTE. LTD.
Strata formed: 2014 (MCST 4027)
Units with a recorded sale: At least 19
Listed as: Light Industrial (B1), Office
Transactions on record: 33 (records start 1995)
Live listings: 3
ACRA registrations: 40

What are the specs at Arcsphere?

Key takeawayThe building's specs as its sources state them. A developer's brochure gives the building as designed at launch — a unit may have been altered since, so the listing agent or the management can confirm a unit's own.

Floor-to-floor height: 7.2 m; 1st Storey (Warehouse Unit with Mezzanine floor) 7.2; 2nd Storey to 10th Storey (Production Units) 4; Source: the developer's sales brochure
Floor loading: 7.5 kN/m²; 1st Storey Warehouse 7.5; 2nd Storey to 10th Storey Production 5; Source: the developer's sales brochure
Power supply: 60A or 100A 3-phase (varies by unit); Source: the developer's sales brochure
Cargo / goods lifts: 1; Source: the developer's sales brochure
Passenger lifts: 2; Source: the developer's sales brochure

Specs from the developer's sales brochure are the building as designed at launch; units may have been altered since.

Are there floor plans for Arcsphere?

Key takeawayWe hold the developer's sales-brochure floor plans for Arcsphere, linked to 1 of the 19 units with a recorded sale. Ask PropKaki for the plan of a unit or a size. As designed at launch; units may have been altered.

Units with a plan: 1 · 1,679 sq ft (recorded sales)

Source: developer's sales brochure.

About Arcsphere

Arcsphere is an industrial building in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388405.

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 914 sqm of land with roughly 2,284 sqm of gross floor area.

32 transactions have been recorded here, at a median of S$964 psf. The most recent was in June 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 2.4 km away. The nearest MRT is Aljunied MRT, 338 m away (about a 5-minute walk). The closest bus stop (Bef Blk 53) is 23 m away (about a 0-minute walk).

52 businesses are currently registered at this address with ACRA.

What is Arcsphere zoned as?

Key takeawayArcsphere 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 Arcsphere sold for?

Key takeawayAcross 33 recorded transactions since 1995, the median price is about S$1.08M, most recently in Aug 2026.

Date	Use	Price	Area	PSF
Aug 2026	Multiple-user Factory	S$1.29M	1,130 sqft	$1,140
Jun 2026	Multiple-user Factory	S$1.25M	1,119 sqft	$1,117
Aug 2025	Multiple-user Factory	S$1.05M	969 sqft	$1,084
Dec 2024	Multiple-user Factory	S$1.05M	969 sqft	$1,084
May 2024	Multiple-user Factory	S$1.20M	1,119 sqft	$1,072
Aug 2023	Multiple-user Factory	S$1.22M	1,130 sqft	$1,079
May 2023	Multiple-user Factory	S$1.15M	1,119 sqft	$1,027
Aug 2022	Multiple-user Factory	S$1.45M	1,679 sqft	$864
Oct 2021	Multiple-user Factory	S$958k	1,130 sqft	$848
May 2021	Multiple-user Factory	S$888k	1,119 sqft	$793

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 Arcsphere rent for?

Key takeawayJTC publishes leases at Arcsphere itself: strata factory space leased at a median of $2.94 psf a month in 2024Q2, with the middle half of leases between $2.78 and $3.05. 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 · 2024Q2

25th pct

$2.78

$29.96 psm

Median

$2.94

$31.63 psm

75th pct

$3.05

$32.86 psm

S$ per sq ft per month

2022Q2 · $27.48 psm2024Q2 · $31.63 psm median

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 Arcsphere

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 Arcsphere

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent; 2 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 0 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.

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 Arcsphere right now?

Key takeaway3 units are currently listed at Arcsphere — 2 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (2)

124 Lorong 23 Geylang, 388405S$31.00M · 29,800 sqft
Arcsphere2 agentsS$2.35M · 1,894 sqft

For rent (1)

Low Cost Fixed Desk Open Workspace for Rent!S$400/mo · 50 sqft

Browse every listing at this building →

What is near Arcsphere?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 338 m away.

Getting around

Aljunied MRT338 m · ~5 min

Amenities nearby

Bef Blk 53 · 23 mSims Drive Medical Clinic · 55 mEducational Institution · 181 mBlk 49 Sims Place · 188 mAljunied MRT Exit B · 297 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Arcsphere

Key takeawayThe nearest station is Aljunied (EW9), 296 m away — a busy station, with about 47,000 taps in and out on an average weekday. 22 public car parks are within 500 m.

Foot traffic: busier than 99% of industrial buildings

nearest MRT/LRT Aljunied (EW9) 296 m, about 47,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 11, about 28,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 46,000 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)296 m · about 47,000 weekday taps
Mattar (DT25)983 m · 9,848 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 Arcsphere. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 28,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 53 Sims Place (HDB)83 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)171 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 91 car lots
Blk 52 Sims Place (HDB)188 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 40 car lots
Blk 63 Sims Place (HDB)237 m
no short-term parking · 88 car lots
Blk 45/50/51 Sims Drive (HDB)278 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 27 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.

Nearest URA season parking: Geylang Area, 604 m away, S$90/month.

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

Who's registered at Arcsphere?

Key takeaway40 live companies (and LLPs and branches; sole proprietors are not counted) list Arcsphere as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
17
Accommodation and food services
6
Professional, scientific and technical services
5
Financial and insurance
5
Construction
3
Information and communications
2
Health and social services
1
Arts, entertainment and recreation
1
Manufacturing
0
Administrative and support services
0

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 Arcsphere

Where is Arcsphere?⌄

Arcsphere is at 124 Lorong 23 Geylang, Singapore 388405, in the Geylang planning area.

What is Arcsphere zoned as?⌄

Arcsphere 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 Arcsphere?⌄

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 Arcsphere?⌄

Arcsphere is freehold.

What have units at Arcsphere sold for?⌄

Across 32 recorded transactions, the median is S$964 psf. The latest was in June 2026.

What does industrial space near Arcsphere 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 Arcsphere itself.

What is the nearest MRT station to Arcsphere?⌄

Aljunied MRT is the closest, 338 m away (about a 5-minute walk).

How many businesses are registered at Arcsphere?⌄

52 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: as CommercialGuru states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

Developer: as CommercialGuru names it, not checked against an official record.

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.

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.

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.

Specs from the developer's sales brochure are the building as designed at launch; units may have been altered since.

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".

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 CommercialGuru, BCA's MCST register, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, the developer's sales brochure, the developer's sales brochure (floor plans) — 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.