CommercialRESIDENTIALDistrict 12 · Kallang

1011 Serangoon Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2000

Quick Summary

1011 Serangoon Road is a commercial building in District 12 · Kallang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.4. 1 transaction is on record since 1995, most recently in Sept 2000. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 1011 Serangoon Road.

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What are the key facts about 1011 Serangoon Road?

Key takeaway1011 Serangoon Road is a commercial building in District 12 · Kallang, zoned RESIDENTIAL.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 1.4
Tenure: Not on record
District / Area: District 12 · Kallang
Address: 1011 Serangoon Road
Land area: —
Completed: Not on record
Storeys: 3 (© OpenStreetMap contributors)
Submarket: City Fringe
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 0

About 1011 Serangoon Road

1011 Serangoon Road is a mixed-use property in Kallang (District 12). It is located along Serangoon Road, Singapore 328256.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 1.4.

1 transaction has been recorded here, at a median of S$844 psf. The most recent was in September 2000.

The nearest MRT is Boon Keng MRT, 451 m away (about a 7-minute walk). The closest bus stop (Opp Bendemeer Pr Sch) is 34 m away (about a 0-minute walk).

What is 1011 Serangoon Road zoned as?

Key takeaway1011 Serangoon Road sits on land zoned RESIDENTIAL with a gross plot ratio of 1.4.

Land-use zone: RESIDENTIAL
Gross plot ratio: 1.4

Run the full zoning report for this building →

What has 1011 Serangoon Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Sept 2000 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2000	Shop House	S$1.05M	1,241 sqft	$844

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at 1011 Serangoon Road rent for?

Key takeawayNo rent is published for 1011 Serangoon Road itself. On its street, Serangoon Road, retail space rented at a median of $9.61 psf a month in 2026Q3, with the middle half of leases between $8.34 and $15.00. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Serangoon Road

Street level · 2026Q3

25th pct

$8.34

$89.73 psm

Median

$9.61

$103.45 psm

75th pct

$15.00

$161.47 psm

S$ per sq ft per month · median -18.4% on a year earlier

2023Q4 · $161.94 psm2026Q3 · $103.45 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on Serangoon Road

Street level · 2026Q3

25th pct

$5.68

$61.13 psm

Median

$6.87

$73.91 psm

75th pct

$7.00

$75.36 psm

S$ per sq ft per month · median +20.8% on a year earlier

2023Q4 · $60.00 psm2026Q3 · $73.91 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 12 retail

Region band · 2026Q3

25th pct

$5.52

$59.42 psm

Median

$6.71

$72.22 psm

75th pct

$8.97

$96.57 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 12 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around 1011 Serangoon Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How does Serangoon Road price?

Key takeawayAcross 15 strata sales on Serangoon Road in the last 5 years, the median is $2,573 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,573

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near 1011 Serangoon Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 12 retail

Gross yield (area)

2.9%

2.6% net of property tax

Rent side (median of bands)

$72.22 psm/mo

2026Q3

Price side (strata, 5y)

$2,767 psf

54 sales

An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 12 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$52.08	$72.22	$91.29
Level 2 & 3 · 30 & Below	$101.58	$129.23	$143.22
Level 2 & 3 · >30 - 100	$59.42	$63.94	$96.57
Level 1 · >30 - 100	$74.07	$96.87	$116.31
Level 1 · >100 - 300	$48.14	$55.10	$60.66

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is near 1011 Serangoon Road?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 451 m away — and 3 competing retail premisess operate nearby.

Getting around

Boon Keng MRT451 m · ~7 min

Amenities nearby

Opp Bendemeer Pr Sch · 34 mEducational Institution · 98 mPlace Of Worship · 118 mChiron Medical Clinic · 264 mBeng Wan Rd Pg · 266 mBoon Keng MRT Exit A · 385 mKallang Community Club · 552 mKallang Polyclinic · 864 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Blk 29 Bendemeer Road · 406 mSheng Siong Supermarket Pte Ltd · 493 mThe Poiz Centre · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 1011 Serangoon Road

Key takeawayThe nearest station is Boon Keng (NE9), 385 m away — a busy station, with about 51,000 taps in and out on an average weekday. 16 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 64% of retail buildings

nearest MRT/LRT Boon Keng (NE9) 385 m, about 51,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 7, about 30,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 60,000 residents within 1 km (June 2026); 0 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Boon Keng (NE9)385 m · about 51,000 weekday taps
Geylang Bahru (DT24)890 m · about 12,000 weekday taps
Bendemeer (DT23)999 m · about 11,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 1011 Serangoon Road. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 30,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 9/11 Saint George Road (HDB)82 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 157 car lots
Blk 25A/26/26A/26B Saint George'S Lane (HDB)125 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 429 car lots
Blk 14/19 Saint George Rd (HDB)216 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 103 car lots
Blk 45-48 Bendemeer Road (HDB)231 m
no short-term parking · gantry 4.5 m · 64 car lots
Beng Wan Rd Off St (URA)231 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 41 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. 1011 Serangoon Road's own car park, if it has one, and its charges are not in the open data.

How many companies are registered at 1011 Serangoon Road?

Key takeawayACRA records 0 live company registrations at this address.

Live registrations: 0
Registered last 3 years: 0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Frequently asked questions about 1011 Serangoon Road

Where is 1011 Serangoon Road?⌄

1011 Serangoon Road is at 1011 Serangoon Road, Singapore 328256, in the Kallang planning area.

What is 1011 Serangoon Road zoned as?⌄

1011 Serangoon Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 1.4.

What have units at 1011 Serangoon Road sold for?⌄

Across 1 recorded transaction, the median price is S$844 psf. The latest was in September 2000.

What is the nearest MRT station to 1011 Serangoon Road?⌄

Boon Keng MRT is the closest, 451 m away (about a 7-minute walk).

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.