Thk Industrial Building
Thk Industrial 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. 2 transactions are on record since 1995, most recently in Oct 2018. 7 units are currently listed for sale or rent. ACRA records 83 live company registrations at this address.
What are the key facts about Thk Industrial Building?
- Asset class
- Industrial
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
- Tenure
- Freehold
- District / Area
- District 14 · Geylang
- Address
- 71 Lorong 23 Geylang
- Land area
- 1,469 sqm
- Transactions on record
- 2 (records start 1995)
- Live listings
- 7
- ACRA registrations
- 83
About Thk Industrial Building
Thk Industrial Building is an industrial building in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388386.
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 1,469 sqm of land with roughly 3,894 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$1,222 psf. The most recent was in October 2018.
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 5.3 km away. The closest business-park zone is about 2.6 km away. The nearest MRT is Aljunied MRT, 225 m away (about a 4-minute walk). The closest bus stop (Opp Aljunied Stn) is 88 m away (about a 1-minute walk).
83 businesses are currently registered at this address with ACRA.
What is Thk Industrial Building zoned as?
- Land-use zone
- BUSINESS 1
- Gross plot ratio
- 2.5
What has Thk Industrial Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2018 | Single-user Factory | S$18.00M | 16,821 sqft | $1,070 |
| Jun 2000 | Single-user Factory | S$9.50M | 6,919 sqft | $1,373 |
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.
How does Lorong 23 Geylang price?
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 Thk Industrial Building right now?
For sale (1)
- Geylang RoadS$33.00M
For rent (6)
- Aljunied MRT (Work Plus Store THK Building)S$1k/mo · 185 sqft
- THK Building2 agentsS$850/mo · 200 sqft
- THK Building2 agentsS$900/mo · 215 sqft
- Work Plus Store Aljunied2 agentsS$980/mo · 160 sqft
What is near Thk Industrial Building?
Getting around
- Aljunied MRT225 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Thk Industrial Building?
- Live registrations
- 83
- Registered last 3 years
- 21
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.
What does industrial space rent for on this street?
- 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 Thk Industrial Building
Where is Thk Industrial Building?⌄
Thk Industrial Building is at 71 Lorong 23 Geylang, Singapore 388386, in the Geylang planning area.
What is Thk Industrial Building zoned as?⌄
Thk Industrial 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 Thk Industrial 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 Thk Industrial Building?⌄
Thk Industrial Building is freehold.
What have units at Thk Industrial Building sold for?⌄
Across 2 recorded transactions, the median is S$1,222 psf. The latest was in October 2018.
What does industrial space near Thk Industrial 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 Thk Industrial Building itself.
What is the nearest MRT station to Thk Industrial Building?⌄
Aljunied MRT is the closest, 225 m away (about a 4-minute walk).
How many businesses are registered at Thk Industrial Building?⌄
83 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.
The facts are here — now get the verdict on Thk Industrial Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.