CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYLeaseholdDistrict 8 · Kallang

129 Owen Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026
Quick Summary

129 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. It is leasehold with roughly 32 years remaining. 2 transactions are on record since 1995, most recently in Jun 2026. 3 units are currently listed for sale. ACRA records 2 live company registrations at this address.

1

What are the key facts about 129 Owen Road?

Key takeaway129 Owen Road is a commercial building in District 8 · Kallang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Leasehold
District / Area
District 8 · Kallang
Address
129 Owen Road
Land area
Transactions on record
2 (records start 1995)
Live listings
3
ACRA registrations
2
2

About 129 Owen Road

129 Owen Road is a commercial property in Kallang (District 08). It is located along Owen Road, Singapore 218933.

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

The site is leasehold, with about 32 years remaining on the lease.

2 transactions have been recorded here, at a median of S$608 psf. The most recent was in June 2026.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Farrer Park MRT, 254 m away (about a 4-minute walk). The closest bus stop (Farrer Pk Stn Exit D) is 166 m away (about a 3-minute walk).

3

What is 129 Owen Road zoned as?

Key takeaway129 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 129 Owen Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2026 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2026Shop HouseS$2.20M3,372 sqft$652
Oct 2023Shop HouseS$1.90M3,372 sqft$563

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 129 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 available at 129 Owen Road right now?

Key takeaway3 units are currently listed at 129 Owen Road. One row per unit; several agents often market the same unit.

For sale (3)

  • 129B Owen RoadS$759k
  • 129 Owen Road2 agentsS$2.39M · 1,500 sqft
  • 129 Owen Road, 218933S$759k · 940 sqft

Browse every listing at this building →

8

What is near 129 Owen Road?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 254 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Farrer Pk Stn Exit D · 166 mPek Kio Community Centre · 169 mFarrer Park MRT Exit D · 178 mPlace Of Worship · 178 mEducational Institution · 186 mTruecare Clinic · 195 mFarrer Park Hospital · 198 mHotel · 281 mPek Kio Park · 437 mKallang Polyclinic · 754 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 · 352 mNTUC Fairprice Co-operative Ltd · 380 mCity Square Mall · 534 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 129 Owen Road?

Key takeawayACRA records 2 live company registrations at this address, 1 of them in the last three years.
Live registrations
2
Registered last 3 years
1
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.

10

Frequently asked questions about 129 Owen Road

Where is 129 Owen Road?

129 Owen Road is at 129 Owen Road, Singapore 218933, in the Kallang planning area.

What is 129 Owen Road zoned as?

129 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 is the tenure of 129 Owen Road?

129 Owen Road is leasehold. About 32 years remain on the lease.

What have units at 129 Owen Road sold for?

Across 2 recorded transactions, the median price is S$608 psf. The latest was in June 2026.

What is the nearest MRT station to 129 Owen Road?

Farrer Park MRT is the closest, 254 m away (about a 4-minute walk).

How many businesses are registered at 129 Owen Road?

2 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on 129 Owen Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 129 Owen Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp