#1 Loft - 4 Units for Rent
#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
The development continues to feature in recent search behaviour across the Eunos / Geylang / Paya Lebar local market, drawing on 30 days of PropertyGuru search activity. This presence in the area-level search landscape indicates that the property remains part of the consideration set for active rental seekers exploring this district.
Most-searched Units: StudioPricing by Unit Types:
- Room Rental Units:
- Avg Asking Price: S$ 2K
- Avg PSF: S$ 10 psf (17.22% lower compared to Eunos / Geylang / Paya Lebar average of S$ 12 psf)
- Available Units: 3
- Studio Units:
- Avg Asking Price: S$ 2K
- Avg PSF: S$ 7 psf (7.87% lower compared to Eunos / Geylang / Paya Lebar average of S$ 7 psf)
- Available Units: 2
- 1-Bedroom Units:
- Avg Asking Price: S$ 3K
- Avg PSF: S$ 5 psf (25.57% lower compared to Eunos / Geylang / Paya Lebar average of S$ 7 psf)
- Available Units: 1
Location & Lifestyle Highlights — #1 Loft
440m (5 mins) to ALJUNIED MRT STATION — This nearby station on the East-West Line makes for a very easy daily commute to the CBD and Paya Lebar regional hub.
#1 Loft offers a quiet, low-density living environment tucked away in a freehold boutique development, yet it sits right on the edge of the city for maximum convenience. It is a practical choice for those who want a spacious home with great food and transport links just a short walk away.
Nearby hotspots:
MRT Stations:
- MOUNTBATTEN MRT STATION (993m, 11-12 mins) — Access the Circle Line easily for direct travel towards Marina Bay and the Orchard shopping belt.
- DAKOTA MRT STATION (1076m, 12-13 mins) — Another handy rail option that connects you quickly to the Old Airport Road area and beyond.
- AFT LOR 28 GEYLANG (203m, 2-3 mins) — Just a few steps away to catch several bus services that run along the main Geylang corridor.
- OPP BLK 56 (264m, 3-4 mins) — Convenient stop for residents heading towards the nearby residential estates and amenities.
- LITTLE GREENHOUSE @ ALJUNIED PTE. LTD. (247m, 2-3 mins) — A very close childcare option that is perfect for parents with young children.
- KONG HWA SCHOOL (786m, 9-10 mins) — A well-regarded primary school within a comfortable walking distance for local families.
- JAMES COOK UNIVERSITY SINGAPORE (1259m, 15-16 mins) — Provides excellent tertiary education opportunities right in the neighbourhood.
- ECM CLINIC SURGERY PTE LTD (281m, 3-4 mins) — Quick access to general medical consultations and minor surgical needs.
- SINGAPORE BUDDHIST FREE CLINIC (426m, 5-6 mins) — A reliable community healthcare facility providing affordable medical services nearby.
- THE OTHER CLINIC (447m, 5-6 mins) — Conveniently located for residents requiring specialized wellness or healthcare support.
- SHENG SIONG - GEYLANG 301 (568m, 6-7 mins) — Great for your daily grocery runs with a wide variety of fresh produce.
- FAIRPRICE (646m, 7-8 mins) — A reliable supermarket choice for household essentials and weekly shopping.
- GRANDLINK SQUARE (1021m, 12-13 mins) — A nearby retail spot for more diverse shopping needs and services.
- MOKS THAI CUISINE (0m, 0 min) — Authentic Thai food is literally at your doorstep for an effortless meal anytime.
- YONG HE EATING HOUSE (82m, 1 min) — Famous for its traditional Taiwanese breakfast and snacks, perfect for a quick bite.
- TASVEE RESTAURANT (80m, 1 min) — A very convenient spot nearby for those who enjoy local flavors and casual dining.
Market & Rental Insights
#1 Loft presents a market profile characterized by recent adjustments in capital values alongside active rental participation in the 1-bedroom segment.
- Median Rental Appreciation: 1-bedroom units saw rents move from S$3,150 → S$2,850 (-9.52%) over the last one year.
- Transactions:4 rental transactions in the last 6 months, showing modest rental activity.
- PG Pulse Insight: With a current median of S$1,203 psf and modest rental activity, the project shows a period of price consolidation in the rental market.
Published date: October 2, 2026
