_Two Freehold Properties at Geylang Lorong 4 and Lorong 12 For Sale via Expression of Interest

Singapore, 8 May 2025 – Knight Frank Singapore, as the exclusive marketing agent, is pleased to launch the Expression of Interest (EOI) exercise for two strategically located freehold properties at 47 Lorong 4 Geylang and 4 & 6 Lorong 12 Geylang.

Both sites are zoned “Commercial / Institution” under the URA Master Plan 2019, with a plot ratio of 2.8. They present flexible redevelopment opportunities across a range of uses, such as offices, recreation clubs, commercial schools, or community institution facilities like childcare centres and association premises, subject to approval from the relevant authorities. Notably, the properties are not subject to Additional Buyer Stamp Duty (ABSD) or Seller Stamp Duty (SSD), and both foreigners and companies are eligible to purchase them.

The two properties are in close proximity to Kallang MRT station (East-West Line) and are within a 15-minute drive to the CBD and Orchard Road. They are also well-connected by major expressways including the KPE, PIE, and ECP, as well as arterial routes such as Nicoll Highway, Geylang Road, and Sims Way.

47 Lorong 4 Geylang
Situated on a land area of 2,046 sq ft, this 3-storey walk-up apartment has an estimated floor area of 4,905 sq ft and a maximum allowable GFA of 5,729 sq ft. Investors may consider refurbishing the asset to retain its current use or reposition it for alternative commercial or institution use.

4 & 6 Lorong 12 Geylang
Comprising two adjoining land plots with a combined land area of 3,659 sq ft, this site features a 2-storey building with an attic and offers a maximum GFA of 10,245 sq ft. It presents a compelling opportunity to develop a brand-new 8-storey commercial or institution building in the heart of a maturing city fringe locale.

The Geylang precinct is currently undergoing a wave of rejuvenation, positioning both assets to benefit from long-term growth in capital and rental value. In 2015, URA rezoned a 14-hectare stretch of Geylang—from Lorong 4 to Lorong 22—under the “Commercial / Institution” zoning. This rezoning has set the stage for diversified future uses and promotes commercial activities to support the large residential catchment in the vicinity and strengthens the synergy of Geylang with nearby business centres.

Located directly across from 47 Lorong 4 Geylang is the upcoming Verandah @ Kallang BTO development. Launched in October 2023 under the Prime Location Public Housing (PLH) model, the project will introduce 1,143 new residential units by 2028. It includes a covered pedestrian walkway that connects residents seamlessly to the surrounding amenities and transport network, such as the existing bus stop along Sims Way and the pedestrian overhead bridge to Lorong 4 Geylang, significantly expanding the local catchment for businesses and services.

Ms Mary Sai (蔡竺樾), Executive Director, Capital Markets, Knight Frank Singapore (执行董事,资本市场部, 莱坊) shared, "The future injection of over a thousand new homes directly across the street from 47 Lorong 4 Geylang is set to significantly expand the residential population in the area, which will in turn boost footfall and strengthen demand for community-serving uses such as food and beverage, childcare, and educational facilities. With the properties’ strategic location, investors can reposition the assets to tap into this growing catchment and capitalize on the district’s transformation into a vibrant, mixed-use precinct.”

“Additionally, the transformation of the Old Kallang Airport area into a lifestyle and recreational hub will inject a new dimension of commercial activity into the area and elevate the character of the entire Kallang–Geylang corridor. Both properties are suitable for adaptive reuse or redevelopment, providing optionality for investors to landbank or enhance value through active repositioning. With the area's ongoing rejuvenation, excellent connectivity, and increasing vibrancy, we anticipate robust interest from developers, investors, and owner-occupiers who want a foothold in a high-potential city fringe location.” Ms Sai added.

Offering flexibility to parties, prospective buyers are invited to submit offers for the properties individually or collectively. Both properties are to be sold with vacant possession. The guide price for 47 Lorong 4 Geylang is $4.8 million while 4 & 6 Lorong 12 Geylang has a guide price of $9.5 million.
The EOI exercise closes on Tuesday, 10 June 2025, at 3:00 PM.

Photo for use

47 Lorong 4 Geylang

4 & 6 Lorong 12 Geylang

Source: Knight Frank

For media queries, please contact:

Leanne Teo

Director, Marketing, Communications, Legal and Compliance, Knight Frank Singapore

leanne.teo@sg.knightfrank.com | +65 9188 8228 | +65 6228 6825

Notes to Editors

Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank has more than 27,000 people operating from over 740 offices across more than 50 territories. The Group advises clients ranging from individual owners and buyers to major developers, investors, and corporate tenants. For further information about the firm, please visit knightfrank.com. Knight Frank has a strong presence in Singapore with a head office and two subsidiaries: Knight Frank Property Asset Management and KF Property Network. For further information about the Company, please visit www.knightfrank.com.sg.