IndustrialBUSINESS 1FreeholdDistrict 14 · Geylang

D'centennial

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2025

Quick Summary

D'centennial 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. 58 transactions are on record since 1995, at a median S$417 psf, most recently in Dec 2025. 3 units are currently listed for sale. ACRA records 68 live company registrations at this address.

The facts are here — now get the verdict on D'centennial.

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What are the key facts about D'centennial?

Key takeawayD'centennial 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: 100 Lorong 23 Geylang
Land area: 1,656 sqm
Completed: Not on record
Storeys: 9 (© OpenStreetMap contributors)
Strata units (MCST): 27
Strata formed: 2003 (MCST 2789)
Units with a recorded sale: At least 27
Listed as: Light Industrial (B1)
Transactions on record: 58 (records start 1995)
Live listings: 3
ACRA registrations: 68

What are the specs at D'centennial?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About D'centennial

D'Centennial is an industrial building in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388398.

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 1,656 sqm of land with roughly 4,141 sqm of gross floor area.

58 transactions have been recorded here, at a median of S$416 psf. The most recent was in December 2025.

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, 241 m away (about a 4-minute walk). The closest bus stop (Bef Blk 53) is 108 m away (about a 2-minute walk).

80 businesses are currently registered at this address with ACRA.

What is D'centennial zoned as?

Key takeawayD'centennial 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 D'centennial sold for?

Key takeawayAcross 58 recorded transactions since 1995, the median price is about S$794k, most recently in Dec 2025.

Date	Use	Price	Area	PSF
Dec 2025	Multiple-user Factory	S$1.45M	1,367 sqft	$1,061
Aug 2025	Multiple-user Factory	S$2.27M	2,142 sqft	$1,059
Dec 2023	Multiple-user Factory	S$1.27M	1,356 sqft	$936
Jul 2022	Multiple-user Factory	S$1.25M	1,367 sqft	$914
Jun 2021	Multiple-user Factory	S$1.90M	2,131 sqft	$891
May 2018	Multiple-user Factory	S$1.36M	1,539 sqft	$884
Feb 2018	Multiple-user Factory	S$1.55M	2,131 sqft	$727
Aug 2016	Multiple-user Factory	S$930k	1,238 sqft	$751
Jul 2015	Multiple-user Factory	S$630k	657 sqft	$959
Nov 2014	Multiple-user Factory	S$1.66M	2,131 sqft	$779

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 D'centennial rent for?

Key takeawayJTC publishes leases at D'centennial itself: strata factory space leased at a median of $2.82 psf a month in 2024Q3, with the middle half of leases between $2.61 and $2.83. 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 · 2024Q3

25th pct

$2.61

$28.04 psm

Median

$2.82

$30.40 psm

75th pct

$2.83

$30.44 psm

S$ per sq ft per month

2019Q3 · $17.43 psm2024Q3 · $30.40 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 D'centennial

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 D'centennial

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

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.

What's been approved at D'centennial?

Key takeawayURA has approved 1 change of use at D'centennial since 2000, most recently in 2022, and refused 2. 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.

29 Jul 2024RefusedFloor 1
Change of use to proposed training centre
Change of use of the 1st storey factory unit #01-XX to proposed training centre
29 May 2024RefusedFloor 1
Change of use to function hall
Proposed change of use of #01-XX to function hall
12 Jul 2022ApprovedFloor 1
Change of use to students care centre
Change of use of the 1st storey factory unit #01-XX to students care centre
23 Mar 2009Approved
Additions & alterations
Proposed additional driveway vehicle entrance to an existing block of 10-storey multi user light industrial factory
11 Jan 2005ApprovedFloor 9
Additions & alterations
Proposed additions and alterations to the unit #09-XX at 9th & 10th storey of the existing 10-storey multiple user light industrial factory on lots 9179v & 9178w mk 24 at 100 lorong 23 geylang
22 Nov 2001Approved
Additions & alterations
Proposed additions & alterations to an existing one block of 9-storey single user industrial development to 10-storey multiple user light industraial development

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 D'centennial right now?

Key takeaway3 units are currently listed at D'centennial. One row per unit; several agents often market the same unit.

For sale (3)

D'Centennial3 agentsS$2.54M · 2,132 sqft
Freehold | Top Location | Industrial Office @ Aljunied MRT Area2 agentsS$2.48M · 2,130 sqft
D'CentennialS$3.72M · 3,100 sqft

Browse every listing at this building →

What is near D'centennial?

Key takeawayThe nearest MRT/LRT is Aljunied MRT, about 241 m away.

Getting around

Aljunied MRT241 m · ~4 min

Amenities nearby

Educational Institution · 91 mBef Blk 53 · 108 mSims Drive Medical Clinic · 147 mAljunied MRT Exit B · 203 mBlk 49 Sims Place · 237 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at D'centennial

Key takeawayThe nearest station is Aljunied (EW9), 202 m away — a busy station, with about 47,000 taps in and out on an average weekday. 24 public car parks are within 500 m.

Foot traffic: busier than 99% of industrial buildings

nearest MRT/LRT Aljunied (EW9) 202 m, about 47,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 13, 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)202 m · about 47,000 weekday taps
Mattar (DT25)996 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 D'centennial. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

Blk 53 Sims Place (HDB)151 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 66 car lots
Blk 52 Sims Place (HDB)183 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 40 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)260 m
no short-term parking · 88 car lots
Sims Place (URA)293 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.

Nearest URA season parking: Geylang Area, 539 m away, S$90/month.

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

Who's registered at D'centennial?

Key takeaway68 live companies (and LLPs and branches; sole proprietors are not counted) list D'centennial as their registered address. These are registered businesses, not who occupies the space.

Construction
19
Wholesale and retail trade
15
Information and communications
11
Professional, scientific and technical services
10
Financial and insurance
3
Administrative and support services
3
Real estate
3
Accommodation and food services
2
Education
1
Arts, entertainment and recreation
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 D'centennial

Where is D'Centennial?⌄

D'Centennial is at 100 Lorong 23 Geylang, Singapore 388398, in the Geylang planning area.

What is D'Centennial zoned as?⌄

D'Centennial 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 D'Centennial?⌄

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 D'Centennial?⌄

D'Centennial is freehold.

What have units at D'Centennial sold for?⌄

Across 58 recorded transactions, the median is S$416 psf. The latest was in December 2025.

What does industrial space near D'Centennial 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 D'Centennial itself.

What is the nearest MRT station to D'Centennial?⌄

Aljunied MRT is the closest, 241 m away (about a 4-minute walk).

How many businesses are registered at D'Centennial?⌄

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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

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.

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.

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 BCA's MCST register, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru, 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.