129 Upper Paya Lebar Road
129 Upper Paya Lebar Road is a commercial building in District 19 · Toa Payoh, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is freehold. 2 transactions are on record since 1995, most recently in Jul 2025. ACRA records 0 live company registrations at this address.
What are the key facts about 129 Upper Paya Lebar Road?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Freehold
- District / Area
- District 19 · Toa Payoh
- Address
- 129 Upper Paya Lebar Road
- Land area
- —
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About 129 Upper Paya Lebar Road
129 Upper Paya Lebar Road is a commercial property in Toa Payoh (District 19). It is located along Upper Paya Lebar Road, Singapore 534840.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.
The site is freehold.
2 transactions have been recorded here, at a median of S$2,341 psf. The most recent was in July 2025.
The nearest MRT is Tai Seng MRT, 436 m away (about a 7-minute walk). The closest bus stop (Opp Paya Lebar St) is 127 m away (about a 2-minute walk).
What is 129 Upper Paya Lebar Road zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- Subject to Evaluation
URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.
What has 129 Upper Paya Lebar Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2025 | Retail | S$4.50M | 1,346 sqft | $3,344 |
| Sept 2011 | Retail | S$1.80M | 1,346 sqft | $1,338 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Upper Paya Lebar Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 129 Upper Paya Lebar Road?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ 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 129 Upper Paya Lebar Road?
Getting around
- Tai Seng MRT436 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 129 Upper Paya Lebar 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 129 Upper Paya Lebar Road
Where is 129 Upper Paya Lebar Road?⌄
129 Upper Paya Lebar Road is at 129 Upper Paya Lebar Road, Singapore 534840, in the Toa Payoh planning area.
What is 129 Upper Paya Lebar Road zoned as?⌄
129 Upper Paya Lebar Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan.
What is the tenure of 129 Upper Paya Lebar Road?⌄
129 Upper Paya Lebar Road is freehold.
What have units at 129 Upper Paya Lebar Road sold for?⌄
Across 2 recorded transactions, the median price is S$2,341 psf. The latest was in July 2025.
What is the nearest MRT station to 129 Upper Paya Lebar Road?⌄
Tai Seng MRT is the closest, 436 m away (about a 7-minute walk).
The facts are here — now get the verdict on 129 Upper Paya Lebar Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
