1023 Upper Serangoon Road
1023 Upper Serangoon Road is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 1 transaction is on record since 1995, most recently in Aug 2011. ACRA records 0 live company registrations at this address.
What are the key facts about 1023 Upper Serangoon Road?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 19 · Hougang
- Address
- 1023 Upper Serangoon Road
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 1023 Upper Serangoon Road
1023 Upper Serangoon Road is a commercial property in Hougang (District 19). It is located along Upper Serangoon Road, Singapore 534761.
Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.
The site is freehold.
1 transaction has been recorded here, at a median of S$2,496 psf. The most recent was in August 2011.
The nearest MRT is Kovan MRT, 423 m away (about a 7-minute walk). The closest bus stop (Opp Glad Tidings Ch) is 42 m away (about a 1-minute walk).
What is 1023 Upper Serangoon Road zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
What has 1023 Upper Serangoon Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2011 | Shop House | S$6.60M | 2,645 sqft | $2,496 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Upper Serangoon Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 1023 Upper Serangoon Road?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| B1 & Below · 30 & Below | $63.18 | $70.59 | $323.45 |
| Level 2 & 3 · 30 & Below | $44.44 | $66.00 | $73.08 |
| Level 1 · 30 & Below | $65.69 | $92.24 | $377.30 |
| Level 2 & 3 · >30 - 100 | $147.73 | $234.51 | $281.12 |
| Level 1 · >30 - 100 | $107.69 | $250.70 | $306.57 |
| B1 & Below · >30 - 100 | $257.47 | $297.67 | $372.67 |
| Level 2 & 3 · >100 - 300 | $109.91 | $140.32 | $169.42 |
| Level 1 · >100 - 300 | $183.40 | $220.71 | $251.55 |
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 1023 Upper Serangoon Road?
Getting around
- Kovan MRT423 m · ~7 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at 1023 Upper Serangoon Road?
- 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 1023 Upper Serangoon Road
Where is 1023 Upper Serangoon Road?⌄
1023 Upper Serangoon Road is at 1023 Upper Serangoon Road, Singapore 534761, in the Hougang planning area.
What is 1023 Upper Serangoon Road zoned as?⌄
1023 Upper Serangoon Road sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of 1023 Upper Serangoon Road?⌄
1023 Upper Serangoon Road is freehold.
What have units at 1023 Upper Serangoon Road sold for?⌄
Across 1 recorded transaction, the median price is S$2,496 psf. The latest was in August 2011.
What is the nearest MRT station to 1023 Upper Serangoon Road?⌄
Kovan MRT is the closest, 423 m away (about a 7-minute walk).
The facts are here — now get the verdict on 1023 Upper Serangoon Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.