CommercialCOMMERCIALFreeholdDistrict 8 · Kallang

171 Syed Alwi Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2005
Quick Summary

171 Syed Alwi Road is a commercial building in District 8 · Kallang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 10 transactions are on record since 1995, at a median S$1,032 psf, most recently in Jun 2005. 1 unit is currently listed for sale. ACRA records 0 live company registrations at this address.

1

What are the key facts about 171 Syed Alwi Road?

Key takeaway171 Syed Alwi Road is a commercial building in District 8 · Kallang, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 8 · Kallang
Address
171 Syed Alwi Road
Land area
—
Completed
Not on record
Storeys
5 (© OpenStreetMap contributors)
Submarket
City Fringe
Units with a recorded sale
At least 7
Listed as
Shop / Shophouse
Transactions on record
10 (records start 1995)
Live listings
1
ACRA registrations
0
2

About 171 Syed Alwi Road

171 Syed Alwi Road is a commercial property in Kallang (District 08). It is located along Syed Alwi Road, Singapore 207713.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.

The site is freehold.

10 transactions have been recorded here, at a median of S$1,032 psf. The most recent was in June 2005.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Jalan Besar MRT, 453 m away (about a 7-minute walk). The closest bus stop (Bef Tai Hoe Hotel) is 116 m away (about a 2-minute walk).

3

What is 171 Syed Alwi Road zoned as?

Key takeaway171 Syed Alwi Road sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 171 Syed Alwi Road sold for?

Key takeawayAcross 10 recorded transactions since 1995, the median price is about S$865k, most recently in Jun 2005.
DateUsePriceAreaPSF
Jun 2005RetailS$810k947 sqft$855
Apr 2002OfficeS$850k1,884 sqft$451
Apr 2001RetailS$1.08M893 sqft$1,209
Apr 2001RetailS$1.10M861 sqft$1,277
Feb 2001OfficeS$880k721 sqft$1,220
Dec 2000RetailS$1.40M1,087 sqft$1,288
Dec 1999OfficeS$590k1,012 sqft$583
Sept 1999OfficeS$475k1,012 sqft$470
Jun 1999RetailS$474k947 sqft$500
Apr 1996RetailS$1.33M1,087 sqft$1,223

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

5

What does space at 171 Syed Alwi Road rent for?

Key takeawayNo street- or building-level rent is published here. Across District 8 retail, retail space rented at a median of $8.25 psf a month in 2026Q3, with the middle half of leases between $6.30 and $9.03. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 8 retail

Region band · 2026Q3
25th pct
$6.30
$67.76 psm
Median
$8.25
$88.77 psm
75th pct
$9.03
$97.19 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 8 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).

6

Market context around 171 Syed Alwi 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.

7

How fast units move at 171 Syed Alwi Road

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

Sale: between 6 Aug 2026 and 28 Aug 2026, 1 new listing 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.

8

What's been approved at 171 Syed Alwi Road?

Key takeawayURA has approved 1 change of use at 171 Syed Alwi Road since 2000, most recently in 2025. 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 Aug 2025Approved
    Change of use to restaurant

    Proposed change of use of part of 1st storey department store to restaurant

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).

9

What do commercial rents run near 171 Syed Alwi 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 8 retail

Gross yield (area)
3.6%
3.3% net of property tax
Rent side (median of bands)
$88.77 psm/mo
2026Q3
Price side (strata, 5y)
$2,744 psf
59 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$67.76$96.11$143.21
Level 1 · 30 & Below$76.14$92.59$171.04
B1 & Below · 30 & Below$90.68$93.21$137.37
Level 2 & 3 · >30 - 100$46.15$61.63$86.96
Level 1 · >30 - 100$73.94$90.91$97.19
B1 & Below · >30 - 100$82.17$88.77$163.62
Level 1 · >100 - 300$59.57$69.55$95.87
Level 2 & 3 · >100 - 300$43.92$47.03$64.17

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.

10

What is available at 171 Syed Alwi Road right now?

Key takeaway1 unit is currently listed at 171 Syed Alwi Road. One row per unit; several agents often market the same unit.

For sale (1)

  • 999-Year Jalan Besar Shophouse | High Rental YieldS$5.88M · 2,800 sqft

Browse every listing at this building →

11

What is near 171 Syed Alwi Road?

Key takeawayThe nearest MRT/LRT is Jalan Besar MRT, about 453 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bef Tai Hoe Hotel · 117 mHotel · 143 mRowell Clinic & Surgery · 169 mRowell Rd Os · 198 mPlace Of Worship · 222 mFarrer Park MRT Exit I · 310 mEducational Institution · 450 mFarrer Park Hospital · 506 mJalan Besar Community Club · 599 mKallang Polyclinic · 894 m

Competing premises nearby

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

Mustafa Holdings Pte Ltd · 118 mBerseh Food Centre · 196 mCity Square Mall · 262 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at 171 Syed Alwi Road

Key takeawayThe nearest station is Farrer Park (NE8), 310 m away — a busy station, with about 57,000 taps in and out on an average weekday. 65 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.
Foot traffic: busier than 61% of retail buildings

nearest MRT/LRT Farrer Park (NE8) 310 m, about 57,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 5, about 18,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 35,000 residents within 1 km (June 2026); 2 other malls 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

  • Farrer Park (NE8)310 m · about 57,000 weekday taps
  • Jalan Besar (DT22)424 m · about 21,000 weekday taps
  • Rochor (DT13)659 m · about 22,000 weekday taps
  • Lavender (EW11)702 m · about 39,000 weekday taps
  • Little India (NE7 / DT12)712 m · about 55,000 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 171 Syed Alwi Road. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Sam Leong Rd (URA)52 m
    S$0.60 per half-hour at midday on a weekday · 46 car lots
  • Syed Alwi Rd (Jln Besa R - Serangoon Rd) (URA)78 m
    S$0.60 per half-hour at midday on a weekday · 44 car lots
  • Verdun Rd (URA)99 m
    S$0.60 per half-hour at midday on a weekday · 7 car lots
  • Backlane (Sam Leong Rd ) (URA)105 m
  • Desker Rd (URA)116 m
    S$0.60 per half-hour at midday on a weekday · season S$100/month · 87 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 171 Syed Alwi Road's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at 171 Syed Alwi Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 171 Syed Alwi Road as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    0
  • Wholesale and retail trade
    0
  • Manufacturing
    0
  • Information and communications
    0
  • Real estate
    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.

14

Frequently asked questions about 171 Syed Alwi Road

Where is 171 Syed Alwi Road?⌄

171 Syed Alwi Road is at 171 Syed Alwi Road, Singapore 207713, in the Kallang planning area.

What is 171 Syed Alwi Road zoned as?⌄

171 Syed Alwi Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 171 Syed Alwi Road?⌄

171 Syed Alwi Road is freehold.

What have units at 171 Syed Alwi Road sold for?⌄

Across 10 recorded transactions, the median price is S$1,032 psf. The latest was in June 2005.

What is the nearest MRT station to 171 Syed Alwi Road?⌄

Jalan Besar MRT is the closest, 453 m away (about a 7-minute walk).

How many businesses are registered at 171 Syed Alwi 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.

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