# Freehold Geylang redevelopment site for sale at $33 mil

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-19T11:41:40.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/freehold-geylang-redevelopment-site-sale-33-mil
- **Topics:** Private Residential, Commercial & Industrial, New Launches

## Featured rationale

Its commercial/institution zoning and 2.8 plot ratio may attract developers and investors seeking flexible redevelopment options, potentially supporting transaction activity around the rejuvenating Kallang-Geylang precinct.

## AI summary

The 12,693 sq ft freehold site at 30 and 32 Lorong 22 Geylang is offered for $33 million, or $928 psf per plot ratio.

## Original article

A freehold plot at 30 and 32 Lorong 22 Geylang has been launched for sale at a guide price of $33 million, or $928 psf per plot ratio.

The 12,693 sq ft site is zoned for commercial/institution use with an allowable plot ratio of 2.8. It is currently occupied by two three-storey apartment blocks comprising 12 units.

According to SRI Capital Market, which is handling the sale, the site can be redeveloped into a commercial building, entertainment hub or recreation club. Other potential uses include a commercial school or community institution, subject to approval from the relevant authorities.

Read also: SRI names real estate veteran Francis Tan chief development officer to support next phase of growth

“The zoning provides prospective buyers with greater flexibility in considering the property’s future redevelopment potential,” says Low Choon Sin, managing partner of SRI Capital Market.

Located off Guillemard Road, the site is close to commercial, recreational and community amenities, including KFF Badminton Arena and Kallang Sports Hub, as well as several religious institutions.

The site could also benefit from rejuvenation plans in the wider Kallang precinct under the Kallang Alive Masterplan, which aims to strengthen the area as a lifestyle and recreational destination.

“The property is well positioned to appeal to investors, owner-occupiers and developers seeking a freehold redevelopment site with multiple potential end-use possibilities, while benefiting from the established amenities and activity in the Geylang precinct,” says Bruce Lye, managing partner of SRI.

The public tender for 30 and 32 Lorong 22 Geylang will close on Sept 22 at 3pm.

## Chinese translation

> Translation model: grok_cli

### 芽笼永久地契重建地段以3300万新元求售

该地段划为商业/机构用地，有潜力重建为商业大厦、娱乐中心或休闲会所

芽笼22巷30号及32号一处永久地契地段已挂牌出售，指示价为3300万新元，即按容积率计算每平方英尺928新元。

该地段占地12,693平方英尺，划为商业/机构用途，允许容积率为2.8。目前由两栋三层公寓楼占用，共12个单位。

据负责此次出售的SRI Capital Market称，该地段可重建为商业大厦、娱乐中心或休闲会所。其他潜在用途还包括商业学校或社区机构，惟须获得相关当局批准。

另读：SRI委任房地产资深人士Francis Tan出任首席发展官，以支持下一阶段增长

SRI Capital Market管理合伙人Low Choon Sin表示：“这样的区划让潜在买家在考虑该物业未来重建潜力时拥有更大灵活性。”

该地段位于圭利玛路旁，邻近商业、休闲及社区配套，包括KFF Badminton Arena和加冷体育城，以及多家宗教机构。

该地段也可能受惠于更广大加冷地区在Kallang Alive总体规划下的振兴计划，该规划旨在强化该区作为生活方式和休闲目的地的定位。

SRI管理合伙人Bruce Lye表示：“该物业定位良好，可吸引投资者、自用业主及开发商，他们寻求具备多种潜在最终用途可能的永久地契重建地段，同时受惠于芽笼地区既有的配套与活力。”

芽笼22巷30号及32号的公开招标将于9月22日下午3时截止。