IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

Arcsphere

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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. 32 transactions are on record since 1995, most recently in Jun 2026. 3 units are currently listed for sale or rent. ACRA records 52 live company registrations at this address.

1

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
Transactions on record
32 (records start 1995)
Live listings
3
ACRA registrations
52
2

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.

3

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 →

4

What has Arcsphere sold for?

Key takeawayAcross 32 recorded transactions since 1995, the median price is about S$1.08M, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026Multiple-user FactoryS$1.25M1,119 sqft$1,117
Aug 2025Multiple-user FactoryS$1.05M969 sqft$1,084
Dec 2024Multiple-user FactoryS$1.05M969 sqft$1,084
May 2024Multiple-user FactoryS$1.20M1,119 sqft$1,072
Aug 2023Multiple-user FactoryS$1.22M1,130 sqft$1,079
May 2023Multiple-user FactoryS$1.15M1,119 sqft$1,027
Aug 2022Multiple-user FactoryS$1.45M1,679 sqft$864
Oct 2021Multiple-user FactoryS$958k1,130 sqft$848
May 2021Multiple-user FactoryS$888k1,119 sqft$793
Apr 2021Multiple-user FactoryS$960k1,130 sqft$849

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 Arcsphere right now?

Key takeaway3 units are currently listed at Arcsphere2 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (2)

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

For rent (1)

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

Browse every listing at this building →

7

What is near Arcsphere?

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

Getting around

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.

8

How many companies are registered at Arcsphere?

Key takeawayACRA records 52 live company registrations at this address, 15 of them in the last three years.
Live registrations
52
Registered last 3 years
15

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 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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