New 7-storey commercial office building at Geylang for sale

The guide price for the property is $17m.

A newly built freehold commercial office building at 19 Lorong 10 Geylang is up for sale, as announced by Savills Singapore, the building’s exclusive marketing agent.

The 7-storey building has a road frontage on a corner plot, sitting on a 3,425 sq ft site (with an additional 1,608 sq ft road reserve area) and a GFA of 6,080 sq ft (estimated built-up area of 7,535 sq ft).

Currently under construction, it will be sold with vacant possession and is expected to achieve TOP in Q2 2025.

The building features a full glass curtain wall façade, providing ample natural light and splendid views from every floor. Its column-free floor plate allows for flexible layout and design, and the buyer will have potential naming and signage rights.

It includes a passenger lift serving all floors, a carpark lot at the front, and washrooms on each floor.

Additionally, the property is a 7-minute walk from Kallang MRT station and a 10-minute drive from the CBD. It is also close to Nicoll Highway and Kallang Paya-Lebar Expressway (KPE).

The area is home to a mix of commercial businesses, retailers, and a variety of F&B options, making it a vibrant enclave frequented by both tourists and locals.

“Geylang has enjoyed fast rejuvenation over the past few years and attracted occupiers, co-living operators and F&B concepts seeking to gain a foothold in this up-and-coming enclave. 19 Lorong 10 Geylang presents buyers with an appealing opportunity to own a newly built commercial building that will be ready for immediate occupation on TOP,” Nick Chan, Senior Manager, Investment Sales & Capital Markets at Savills Singapore, said in a press release.

“The incoming buyer can also explore the potential to convert to other alternative commercial uses on the upper floors once their own occupation needs are met,” Chan added.

The guide price for the property is $17m. Zoned "Commercial / Institution" under the 2019 Masterplan, the property is not subject to Additional Buyers’ Stamp Duties or Seller Stamp Duties, and is open to purchase by foreigners and companies.

The Expression of Interest (EOI) exercise closes on Thursday, 5 September, at 3pm.

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