CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 8 · Kallang

124 Owen Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2000
Quick Summary

124 Owen Road is a commercial building in District 8 · Kallang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. 2 transactions are on record since 1995, most recently in Mar 2000. ACRA records 5 live company registrations at this address.

1

What are the key facts about 124 Owen Road?

Key takeaway124 Owen Road is a commercial building in District 8 · Kallang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 8 · Kallang
Address
124 Owen Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
5
2

About 124 Owen Road

124 Owen Road is a commercial property in Kallang (District 08). It is located along Owen Road, Singapore 218928.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

2 transactions have been recorded here, at a median of S$818 psf. The most recent was in March 2000.

5 businesses are currently registered at this address with ACRA.

The nearest MRT is Farrer Park MRT, 260 m away (about a 4-minute walk). The closest bus stop (Farrer Pk Stn Exit D) is 185 m away (about a 3-minute walk).

3

What is 124 Owen Road zoned as?

Key takeaway124 Owen Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 124 Owen Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Mar 2000 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2000Shop HouseS$1.10M1,296 sqft$849
May 1999Shop HouseS$1.02M1,296 sqft$787

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.

5

How does Owen Road price?

Strata sales on the street (5y)
1

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near 124 Owen Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 8 retail

Gross yield (area)
3.0%
2.7% net of property tax
Rent side (median of bands)
$73.77 psm/mo
2026Q2
Price side (strata, 5y)
$2,744 psf
57 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$92.22$107.29$134.61
Level 2 & 3 · 30 & Below$60.38$67.06$71.17
Level 1 · >30 - 100$65.65$79.01$105.39
Level 2 & 3 · >30 - 100$53.41$58.43$108.12
B1 & Below · >30 - 100$185.86$205.31$205.79
Level 1 · >100 - 300$43.81$68.53$71.93
Level 4 & Above · >100 - 300$86.62$94.73$108.30
B1 & Below · >300$50.00$59.34$62.68

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.

7

What is near 124 Owen Road?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 260 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 141 mTruecare Clinic · 160 mFarrer Pk Stn Exit D · 185 mFarrer Park MRT Exit D · 190 mFarrer Park Hospital · 191 mPek Kio Community Centre · 206 mEducational Institution · 222 mHotel · 271 mCity Green · 436 mKallang Polyclinic · 717 m

Competing premises nearby

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

Pek Kio Market & Food Centre · 365 mNTUC Fairprice Co-operative Ltd · 404 mCity Square Mall · 518 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 124 Owen Road?

Key takeawayACRA records 5 live company registrations at this address.
Live registrations
5
Registered last 3 years
0
Most common type
Local Company

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.

9

Frequently asked questions about 124 Owen Road

Where is 124 Owen Road?

124 Owen Road is at 124 Owen Road, Singapore 218928, in the Kallang planning area.

What is 124 Owen Road zoned as?

124 Owen Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What have units at 124 Owen Road sold for?

Across 2 recorded transactions, the median price is S$818 psf. The latest was in March 2000.

What is the nearest MRT station to 124 Owen Road?

Farrer Park MRT is the closest, 260 m away (about a 4-minute walk).

How many businesses are registered at 124 Owen Road?

5 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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