Yu Li Industrial Building

Asset class

Industrial

Land-use zone

RESIDENTIAL / INSTITUTION

Gross plot ratio

3.0

Tenure

Not on record

District / Area

District 14 · Geylang

Address

37 Lorong 23 Geylang

Land area

3,069 sqm

Completed

Not on record

Storeys

9 (© OpenStreetMap contributors)

Transactions on record

None recorded

Live listings

7

ACRA registrations

87

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.

Yu Li Industrial Building is a building in Geylang (District 14). It is located along Lorong 23 Geylang, Singapore 388371.

Under the URA Master Plan the site is zoned Residential / Institution with a gross plot ratio of 3.

It sits on about 3,069 sqm of land with roughly 7,672 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 5.1 km away. The closest business-park zone is about 2.8 km away. The nearest MRT is Aljunied MRT, 247 m away (about a 4-minute walk). The closest bus stop (Bef Lor 23 Geylang) is 37 m away (about a 1-minute walk).

103 businesses are currently registered at this address with ACRA.

Land-use zone

RESIDENTIAL / INSTITUTION

Gross plot ratio

3.0

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. 23 Aug 2024ApprovedFloor 1
   Change of use: warehouse → student care centre

   Change of use of #01-XX from warehouse to student care centre

2. 16 Jul 2024ApprovedFloor 1
   Change of use: warehouse → gym/fitness centre

   Proposed change of use of #01-XX from warehouse to gym/fitness centre

3. 26 Apr 2024RefusedFloor 1
   Change of use to restaurant and bar with live entertainment

   Change of use of the 1st storey industrial canteen unit #01-XX to restaurant and bar with live entertainment

4. 26 Jan 2024Refused
   Change of use to secondary worker's dormitory

   Proposed change of use of the 10th storey roof top of the existing industrial building to secondary worker's dormitory

5. 16 Nov 2022ApprovedFloor 1
   Change of use: warehouse → industrial canteen

   Proposed change of use of unit #01-XX and #01-XX from warehouse to industrial canteen

6. 26 Apr 2011Approved
   Change of use to warehouse

   Change of use of the 1st storey canteen to warehouse

7. 14 Jan 2008Approved
   Change of use to canteen

   Change of use of 1st storey light industry to canteen

8. 31 Mar 2006ApprovedFloor 10
   Change of use to light industry

   Change of use of existing canteen unit #10-XX to light industry

9. 3 Jan 2000Refused
   Change of use to commercial building

   Change of use of the approved 9-storey light industrial flatted factory to commercial building

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
  21
• Professional, scientific and technical services
  14
• Accommodation and food services
  14
• Construction
  13
• Manufacturing
  8
• Information and communications
  7
• Other services
  5
• Education
  2
• Financial and insurance
  1
• Administrative and support services
  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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. 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.