#1 Loft - 8 Units for Sale
#1 Loft or also known as One Loft is a condominium located at No. 1 Lorong 24 Geylang, Singapore, within the established city-fringe enclave of District 14. Developed by The One Development 2 Pte. Ltd., this freehold comprises 80 units across a single residential block. Completed in 2015 as a boutique-scale project, #1 Loft is characterised by its relatively generous unit sizes compared to newer launches in the area, as well as its emphasis on greenery and privacy despite its urban location. The main advantages of #1 Loft are its tenure, low-density structure, and location on the edge of the city. Residents will enjoy greater peace and privacy than in many condominium developments in Geylang or Paya Lebar, thanks to the limited number of units in this residential project. Young families living near #1 Loft will benefit from established community amenities, such as schools, shops, and restaurants, all within walking distance. The primary appeal of #1 Loft as a long-term investment lies in the limited availability of freehold properties in District 14 and the combination of affordable unit costs with desirable rental opportunities, given its proximity to major business centres in the greater Singapore region. These attributes position #1 Loft as a rare city-edge residence that balances long-term capital resilience with everyday liveability in an increasingly dense urban district. #1 Loft enjoys good connectivity via both public transport and road networks. The development is located within reasonable walking distance of Aljunied MRT Station (EW9) on the East-West Line and Mountbatten MRT Station (CC7) on the Circle Line, providing direct rail access to key destinations such as Raffles Place, City Hall, Paya Lebar, and HarbourFront. For motorists, Lorong 24 Geylang connects seamlessly to Geylang Road, Mountbatten Road, and Nicoll Highway, allowing efficient travel towards the Central Business District (CBD), Marina Bay, and the East Coast. The Kallang/Paya Lebar Expressway (KPE) is also easily accessible, enhancing island-wide connectivity. The surrounding area is well-served by bus routes, neighbourhood shops, and commercial clusters, reinforcing #1 Loft's practicality as a city-fringe residential address. Altogether, this connectivity framework supports a lifestyle where daily commuting, cross-island travel, and access to surrounding commercial nodes are handled with minimal friction, reinforcing #1 Loft’s appeal as a well-positioned city-fringe residence rather than a transit-dependent compromise. #1 Loft is situated on a freehold parcel in Lorong 24 Geylang, District 14. The development comprises a single residential block with a modest building footprint, allowing for landscaped spaces and internal greenery despite its urban surroundings. #1 Loft Condominium apartment 2015 14 80 As a boutique condominium, #1 Loft provides a focused range of facilities designed to support everyday living rather than resort-style amenities: Fitness Corner Swimming Pool Pool Deck These functional facilities align with the development’s low-density concept, offering residents essential recreational and fitness options without excessive maintenance overheads. #1 Loft is located within reach of several educational institutions, making it suitable for families seeking city-fringe schooling options. Nearby schools include: Geylang Methodist School (Secondary) Kong Hwa School James Cook University in Singapore Collectively, these institutions provide a well-rounded range of secondary and tertiary education options, reinforcing #1 Loft's appeal. The Geylang area is well known for its extensive dining scene, offering residents a broad selection of local and international dining options. Popular dining establishments near #1 Loft include: Yong He Eating House (Taiwanese cuisine) Mongkok DimSum Lor 9 Beef Kway Teow Eminent Frog Porridge & Seafood This established food ecosystem supports both daily convenience and late-night dining, a distinctive feature of Geylang. Residents of #1 Loft have access to neighbourhood clinics and healthcare services within the Geylang and Mountbatten area. HMI OneCare Clinic Aljunied MRT Kingston Medical Clinic Pte Ltd NHG Pharmacy - Geylang These nearby clinics and pharmacies ensure residents of #1 Loft enjoy convenient access to everyday healthcare services without the need for long-distance travel. Daily necessities are easily accessible with several supermarkets and minimarts located nearby, including: Hao Mart PLQ Mall Kallang Wave Mall These retail options provide residents of #1 Loft with convenient access to groceries, daily essentials, and lifestyle shopping within a comfortable distance. The development's scale and layout reinforce its positioning as a boutique city-fringe residence rather than a high-density mass-market project. One-bedroom units (approximately 549 to 581 sq ft) Three-bedroom units (approximately 936 to 1,324 sq ft) #1 Loft is developed by The One Development 2 Pte Ltd (registered number 201128227E), a Subsidiary of The One Development Pte Ltd, based in Singapore, which specialises in boutique residential developments. They tend to keep a relatively low profile in the public domain; however, #1 Loft emphasises practical, functional layouts, a manageable development size, and a liveable residential design rather than being driven by large-scale township concepts. #1 Loft is surrounded by several established residential developments within District 14, including: Tre Residences Sims Urban Oasis Guillemard Edge These developments collectively contribute to the area's steady residential demand and rental activity, supported by strong transport connectivity and proximity to commercial hubs. Located on the edge of the inner city, #1 Loft is for discerning buyers seeking a place to live long-term, not just based on developer hype. With its boutique design and freehold ownership, #1 Loft offers a more tranquil residential atmosphere than many others in the area, while remaining close to the CBD and other places with lifestyle amenities. As a low-density residential development with fewer dwelling units, #1 Loft offers greater exclusivity than newer developments built since the downturn. The area's pent-up rental demand has kept rental accommodation demand strong, making #1 Loft a viable investment. For buyers and tenants evaluating current market opportunities, explore the latest sales and rental listings at #1 Loft to understand available options and pricing trends.
DeveloperThe One Development 2 Pte. Ltd
Explore PropertyGuru
Recent PropertyGuru search data shows the development maintaining visibility in the local market of Eunos / Geylang / Paya Lebar. Drawing on 30 days of PropertyGuru search activity, the property continues to feature in the browsing journeys of active buyers looking within this district.
Most-searched Units: 2-BedroomPricing by Unit Types:
- 1-Bedroom Units:
- Avg Asking Price: S$ 795K
- Avg PSF: S$ 1,413 psf (20.08% lower compared to Eunos / Geylang / Paya Lebar average of S$ 1,768 psf)
- Available Units: 4
- 2-Bedroom Units:
- Avg Asking Price: S$ 780K
- Avg PSF: S$ 1,270 psf (26% lower compared to Eunos / Geylang / Paya Lebar average of S$ 1,717 psf)
- Available Units: 1
- 3-Bedroom Units:
- Avg Asking Price: S$ 1.42M
- Avg PSF: S$ 1,517 psf (4.71% higher compared to Eunos / Geylang / Paya Lebar average of S$ 1,449 psf)
- Available Units: 1
- 4-Bedroom Units:
- Avg Asking Price: S$ 1.42M
- Avg PSF: S$ 1,517 psf (6.31% lower compared to Eunos / Geylang / Paya Lebar average of S$ 1,619 psf)
- Available Units: 1
Location & Lifestyle Highlights — #1 Loft 440m (5 mins) to ALJUNIED MRT STATION — This station on the East-West Line provides a direct and efficient rail link to major business hubs like Raffles Place, City Hall, and Paya Lebar. #1 Loft offers a rare balance of freehold tenure and boutique privacy right on the edge of the city, making it a peaceful retreat that doesn't sacrifice urban convenience. Its location in District 14 ensures residents enjoy generous living spaces and easy access to established community spots without the typical density of larger projects. Nearby hotspots: MRT Stations:
- MOUNTBATTEN MRT STATION (993m, 11-12 mins) — Access the Circle Line for a smooth commute towards the Stadium, Marina Bay, and HarbourFront areas.
- DAKOTA MRT STATION (1076m, 12-13 mins) — Another nearby Circle Line option that connects you easily to the Paya Lebar commercial hub and the rest of the island.
- AFT LOR 28 GEYLANG (203m, 2-3 mins) — A very short walk away, offering several bus routes that make getting around the local neighbourhood and city-fringe simple.
- OPP BLK 56 (264m, 3-4 mins) — Conveniently located stop providing additional transport options for daily commuters heading towards the city.
- LITTLE GREENHOUSE @ ALJUNIED PTE. LTD. (247m, 2-3 mins) — A nearby early childhood education centre that is very handy for parents with young toddlers.
- KONG HWA SCHOOL (786m, 9-10 mins) — A reputable primary school within walking distance, making the morning school run much easier for families.
- GEYLANG METHODIST SCHOOL (SECONDARY) (921m, 11-12 mins) — Provides a quality secondary education option close to home for residents with older children.
- ECM CLINIC SURGERY PTE LTD (281m, 3-4 mins) — Quick access to medical consultations and surgical services just a few minutes away.
- SINGAPORE BUDDHIST FREE CLINIC (426m, 5-6 mins) — A well-known community healthcare facility providing accessible medical services to the local area.
- THE OTHER CLINIC (447m, 5-6 mins) — Nearby health services that ensure professional medical care is always within reach for the family.
- SHENG SIONG - GEYLANG 301 (568m, 6-7 mins) — Perfect for your daily grocery needs with a wide range of fresh produce and household essentials nearby.
- FAIRPRICE (646m, 7-8 mins) — A reliable supermarket option for residents to pick up their weekly supplies and branded goods.
- GRANDLINK SQUARE (1021m, 12-13 mins) — A local shopping mall offering various retail services and amenities within a short distance.
- MOKS THAI CUISINE (0m, 0 min) — Authentic Thai flavours right at your doorstep for an effortless and delicious meal anytime.
- YONG HE EATING HOUSE (82m, 1 min) — Famous for its Taiwanese snacks and soy milk, this popular spot is ideal for breakfast or late-night cravings.
- TASVEE RESTAURANT (80m, 1 min) — A very close dining option that adds to the diverse food culture found right along Lorong 24 Geylang.
- HAO MART (285m, 3-4 mins) — A handy neighbourhood mart for quick top-ups of daily necessities and snacks.
- 7-ELEVEN (310m, 3-4 mins) — Round-the-clock convenience for emergency supplies or a quick bite at any hour.
- HARVESTER COMMUNITY CHURCH (551m, 6-7 mins) — A local community church located within a comfortable walking distance for residents.
Market & Rental Insights
#1 Loft presents a boutique residential profile characterized by healthy rental returns despite a recent adjustment in capital values.
- PSF Appreciation:S$1,302 → S$1,203 over recent years (-7.6%) from 2023 - 2026.
- Expected Rental Yield: At 3.57%, this reflects a healthy return for investors.
- Transactions:4 rental transactions in the last 6 months and 2 sale transactions in the last 12 months, showing modest rental and limited sale activity.
- PG Pulse Insight: While PSF has seen a downward trend, the project maintains a healthy rental yield of 3.57% with modest transaction activity, suggesting a focus on rental income over capital gains.
Published date: November 2, 2026
















