CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 13 · Toa Payoh

165 Macpherson Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2009

Quick Summary

165 Macpherson Road is a commercial building in District 13 · Toa Payoh, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is freehold. 1 transaction is on record since 1995, most recently in Nov 2009. 1 unit is currently listed for rent. ACRA records 7 live company registrations at this address.

The facts are here — now get the verdict on 165 Macpherson Road.

Ask PropKaki

What are the key facts about 165 Macpherson Road?

Key takeaway165 Macpherson Road is a commercial building in District 13 · Toa Payoh, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: Subject to Evaluation
Tenure: Freehold
District / Area: District 13 · Toa Payoh
Address: 165 Macpherson Road
Land area: —
Completed: Not on record
Storeys: 3 (© OpenStreetMap contributors)
Submarket: City Fringe
Listed as: Light Industrial (B1)
Transactions on record: 1 (records start 1995)
Live listings: 1
ACRA registrations: 7

About 165 Macpherson Road

165 Macpherson Road is a commercial property in Toa Payoh (District 13). It is located along Macpherson Road, Singapore 348533.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.

The site is freehold.

1 transaction has been recorded here, at a median of S$1,127 psf. The most recent was in November 2009.

7 businesses are currently registered at this address with ACRA.

The nearest MRT is Potong Pasir MRT, 558 m away (about a 9-minute walk). The closest bus stop (Bef Jln Wangi) is 19 m away (about a 0-minute walk).

What is 165 Macpherson Road zoned as?

Key takeaway165 Macpherson Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.

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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

What has 165 Macpherson Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2009 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2009	Shop House	S$2.12M	1,880 sqft	$1,127

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. sqm ↔ sq ft converter

What does space at 165 Macpherson Road rent for?

Key takeawayNo rent is published for 165 Macpherson Road itself. On its street, Macpherson Road, retail space rented at a median of $4.26 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Macpherson Road

Street level · 2026Q3

25th pct

—

— psm

Median

$4.26

$45.86 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -4.8% on a year earlier

2023Q4 · $55.13 psm2026Q3 · $45.86 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 13 retail

Region band · 2026Q3

25th pct

$9.61

$103.41 psm

Median

$10.25

$110.37 psm

75th pct

$13.31

$143.25 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 13 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).

Market context around 165 Macpherson Road

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.

How fast units move at 165 Macpherson Road

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at 165 Macpherson Road?

Key takeawayURA has approved 1 change of use at 165 Macpherson Road since 2000, most recently in 2005. 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.

F&B and nightlife here

URA does not approve new eating houses (restaurants, coffee shops, cafes) here; an existing one's permission may be renewed.

Per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.

6 Jul 2005Approved
Change of use to pet shop
Change of use of the 1st storey shop to pet shop

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).

How does Macpherson Road price?

Strata sales on the street (5y)

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 165 Macpherson Road?

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

Indicative area yield — District 13 retail

Gross yield (area)

7.9%

7.1% net of property tax

Rent side (median of bands)

$110.37 psm/mo

2026Q3

Price side (strata, 5y)

$1,558 psf

18 sales

An INDICATIVE AREA yield for District 13 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 13 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$85.88	$95.78	$103.50
B1 & Below · 30 & Below	$291.67	$294.44	$345.30
B1 & Below · >30 - 100	$48.39	$50.91	$73.81
Level 1 · >30 - 100	$120.93	$124.95	$183.00

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 available at 165 Macpherson Road right now?

Key takeaway1 unit is currently listed at 165 Macpherson Road. One row per unit; several agents often market the same unit.

For rent (1)

genting laneS$3k/mo · 1,258 sqft

Browse every listing at this building →

What is near 165 Macpherson Road?

Key takeawayThe nearest MRT/LRT is Potong Pasir MRT, about 558 m away — and 1 competing retail premises operate nearby.

Getting around

Potong Pasir MRT558 m · ~9 min

Amenities nearby

Bef Jln Wangi · 19 mSiang Kuang Ave Interim Pk · 87 mPlace Of Worship · 258 mEducational Institution · 413 mSATA CommHealth Medical Centre (Potong Pasir) · 429 mPotong Pasir MRT Exit B · 521 mHotel · 616 mKolam Ayer Community Club · 774 m

Competing premises nearby

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

The Poiz Centre · 651 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 165 Macpherson Road

Key takeawayThe nearest station is Potong Pasir (NE10), 521 m away — a moderately busy station, with about 35,000 taps in and out on an average weekday. 14 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.

Foot traffic: busier than 16% of retail buildings

nearest MRT/LRT Potong Pasir (NE10) 521 m, about 35,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 6, about 11,000 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 40,000 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

Potong Pasir (NE10)521 m · about 35,000 weekday taps
Geylang Bahru (DT24)953 m · about 12,000 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 165 Macpherson Road. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

Service Rd (Macpherson Rd) (URA)24 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 23 car lots
Lor Pendek (URA)119 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Genting Link (URA)143 m
S$0.60 per half-hour at midday on a weekday · 2 car lots
Siang Kuang Ave (URA)209 m
S$0.60 per half-hour at midday on a weekday · 12 car lots
Genting Rd (URA)211 m
S$0.60 per half-hour at midday on a weekday · 20 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 165 Macpherson Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 165 Macpherson Road?

Key takeaway7 live companies (and LLPs and branches; sole proprietors are not counted) list 165 Macpherson Road as their registered address. These are registered businesses, not who occupies the space.

Administrative and support services
3
Construction
2
Wholesale and retail trade
1
Financial and insurance
1
Manufacturing
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about 165 Macpherson Road

Where is 165 Macpherson Road?⌄

165 Macpherson Road is at 165 Macpherson Road, Singapore 348533, in the Toa Payoh planning area.

What is 165 Macpherson Road zoned as?⌄

165 Macpherson Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan.

What is the tenure of 165 Macpherson Road?⌄

165 Macpherson Road is freehold.

What have units at 165 Macpherson Road sold for?⌄

Across 1 recorded transaction, the median price is S$1,127 psf. The latest was in November 2009.

What is the nearest MRT station to 165 Macpherson Road?⌄

Potong Pasir MRT is the closest, 558 m away (about a 9-minute walk).

How many businesses are registered at 165 Macpherson Road?⌄

7 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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

F&B / nightlife: per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline, not a decision on any unit.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, URA circular DC23-08 (2 Oct 2023), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.