CommercialRESIDENTIALDistrict 15 · Marine Parade

15 Marine Terrace

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

15 Marine Terrace is a commercial building in District 15 · Marine Parade, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 27 live company registrations at this address.

1

What are the key facts about 15 Marine Terrace?

Key takeaway15 Marine Terrace is a commercial building in District 15 · Marine Parade, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 15 · Marine Parade
Address
—
Land area
44,822 sqm
Completed
1974 (HDB Property Information)
Storeys
16 (HDB Property Information)
Submarket
City Fringe
Transactions on record
None recorded
Live listings
None
ACRA registrations
27

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About 15 Marine Terrace

15 Marine Terrace is a mixed-use building in Marine Parade (District 15). It is located along Marine Terrace, Singapore 440015.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

It occupies roughly 44,822 sqm of land with about 130,253 sqm of gross floor area.

27 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Terrace MRT, 237 m away (about a 4-minute walk). The closest bus stop (Blk 19) is 111 m away (about a 2-minute walk). i12 Katong is 989 m away (about a 16-minute walk).

3

What is 15 Marine Terrace zoned as?

Key takeaway15 Marine Terrace sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What does space at 15 Marine Terrace rent for?

Key takeawayNo street- or building-level rent is published here. Across District 15 retail, retail space rented at a median of $9.14 psf a month in 2026Q3, with the middle half of leases between $7.55 and $14.01. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 15 retail

Region band · 2026Q3
25th pct
$7.55
$81.29 psm
Median
$9.14
$98.41 psm
75th pct
$14.01
$150.81 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 15 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).

5

Market context around 15 Marine Terrace

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.

6

What's been approved at 15 Marine Terrace?

Key takeawayURA's planning decisions at 15 Marine Terrace since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 28 May 2019Approved
    Additions & alterations

    Proposed upgrading of existing community plaza at block 20 marine terrace with pavilion on lot no. 09555n (sl) hdb mk 26

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

7

What do commercial rents run near 15 Marine Terrace?

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

Indicative area yield — District 15 retail

Gross yield (area)
3.7%
3.3% net of property tax
Rent side (median of bands)
$98.41 psm/mo
2026Q3
Price side (strata, 5y)
$2,956 psf
85 sales

An INDICATIVE AREA yield for District 15 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 15 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$121.08$139.73$241.82
Level 1 · 30 & Below$69.23$85.38$86.21
Level 2 & 3 · 30 & Below$47.87$67.50$87.18
Level 1 · >30 - 100$73.94$87.91$101.01
Level 2 & 3 · >30 - 100$57.08$76.47$184.13
B1 & Below · >30 - 100$88.64$163.41$259.82
Level 2 & 3 · >100 - 300$93.30$107.29$126.41
Level 1 · >100 - 300$69.67$89.53$113.56

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.

8

What is near 15 Marine Terrace?

Key takeawayThe nearest MRT/LRT is Marine Terrace MRT, about 237 m away.

Getting around

Amenities nearby

Family Medicine Clinic · 110 mBlk 19 · 111 mMarine Terrace MRT Exit 2 · 126 mCold Storage Singapore (1983) Pte Ltd · 179 mBlk 50A Marine Terrace · 221 mEducational Institution · 233 mMarine Parade Community Club · 480 mPlace Of Worship · 612 mMarine Parade Polyclinic · 739 mHotel · 900 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 15 Marine Terrace

Key takeawayThe nearest station is Marine Terrace (TE27), 126 m away — a quiet station, with about 13,000 taps in and out on an average weekday. 12 public car parks are within 500 m.
Foot traffic: busier than 23% of retail buildings

nearest MRT/LRT Marine Terrace (TE27) 126 m, about 13,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 11, about 18,000 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 28,000 residents within 1 km (June 2026); 1 other mall 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

  • Marine Terrace (TE27)126 m · about 13,000 weekday taps
  • Marine Parade (TE26)544 m · about 23,000 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 15 Marine Terrace. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 16A Marine Terrace (HDB)102 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.05 m
  • Blk 54/55/56/58/59 Marine Terrace (HDB)113 m
    S$0.60 per half-hour at midday on a weekday · 212 car lots
  • Blk 45 Marine Crescent (HDB)154 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 33 car lots
  • Blk 12A Marine Terrace (HDB)166 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.05 m · 551 car lots
  • Blk 47A Marine Crescent (HDB)174 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 159 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Joo Chiat Area (Haig R Oad-Telok Kurau Road), 1.3 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 15 Marine Terrace's own car park, if it has one, and its charges are not in the open data.

10

How many companies are registered at 15 Marine Terrace?

Key takeawayACRA records 27 live company registrations at this address, 22 of them in the last three years.
Live registrations
27
Registered last 3 years
22
Most common type
Sole Proprietorship/ Partnership

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.

11

Frequently asked questions about 15 Marine Terrace

Where is 15 Marine Terrace?⌄

15 Marine Terrace is at Marine Terrace, Singapore 440015, in the Marine Parade planning area.

What is 15 Marine Terrace zoned as?⌄

15 Marine Terrace sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 15 Marine Terrace?⌄

No caveats have been lodged for 15 Marine Terrace in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 15 Marine Terrace?⌄

Marine Terrace MRT is the closest, 237 m away (about a 4-minute walk).

How many businesses are registered at 15 Marine Terrace?⌄

27 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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