Prosper House

Asset class

Industrial

Land-use zone

RESIDENTIAL

Gross plot ratio

2.8

Tenure

Not on record

District / Area

District 14 · Geylang

Address

101 Lorong 23 Geylang

Land area

2,332 sqm

Completed

Not on record

Storeys

8 (© OpenStreetMap contributors)

Strata units (MCST)

24

Managing agent

HOE-TAN CO (PTE) LTD

Strata formed

1998 (MCST 2161)

Transactions on record

None recorded

Live listings

9

ACRA registrations

46

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

Prosper House is a building in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388399.

Under the URA Master Plan the site is zoned Residential with a gross plot ratio of 2.8.

It sits on about 2,332 sqm of land with roughly 5,830 sqm of gross floor area.

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, 313 m away (about a 5-minute walk). The closest bus stop (Blk 49 Mkt/FC) is 86 m away (about a 1-minute walk).

51 businesses are currently registered at this address with ACRA.

Land-use zone

RESIDENTIAL

Gross plot ratio

2.8

Run the full zoning report for this building →

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.

1. 22 Jul 2019RefusedFloor 1
   Change of use to sports rehabilitation centre

   Proposed change of use of 1st storey factory unit #01-XX to sports rehabilitation centre

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).

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.

Browse every listing at this building →

Straight-line distances. Source: PropKaki amenities data.

• Wholesale and retail trade
  11
• Professional, scientific and technical services
  11
• Construction
  9
• Information and communications
  5
• Administrative and support services
  3
• Manufacturing
  3
• Financial and insurance
  2
• Transportation and storage
  1
• Real estate
  1
• Accommodation and food 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.

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.