CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreehold or statutory perpetuityDistrict 13 · Toa Payoh

185 Macpherson Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2023

Quick Summary

185 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 or statutory perpetuity. 1 transaction is on record since 1995, most recently in Nov 2023. 1 unit is currently listed for rent. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 185 Macpherson Road.

Ask PropKaki

What are the key facts about 185 Macpherson Road?

Key takeaway185 Macpherson Road is a commercial building in District 13 · Toa Payoh, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold or statutory perpetuity.

Asset class: Commercial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: Subject to Evaluation
Tenure: Freehold or statutory perpetuity
District / Area: District 13 · Toa Payoh
Address: 185 Macpherson Road
Land area: —
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Listed as: Shop / Shophouse
Transactions on record: 1 (records start 1995)
Live listings: 1
ACRA registrations: 0

About 185 Macpherson Road

185 Macpherson Road is a commercial property in Toa Payoh (District 13). It is located along Macpherson Road, Singapore 348544.

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

1 transaction has been recorded here, at a median of S$1,301 psf. The most recent was in November 2023.

The nearest MRT is Potong Pasir MRT, 713 m away (about a 11-minute walk). The closest bus stop (Bef Jln Wangi) is 177 m away (about a 3-minute walk).

What is 185 Macpherson Road zoned as?

Key takeaway185 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 185 Macpherson Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2023 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2023	Shop House	S$1.82M	1,399 sqft	$1,301

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 185 Macpherson Road rent for?

Key takeawayNo rent is published for 185 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 185 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 185 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 185 Macpherson Road?

Key takeawayURA has approved 2 changes of use at 185 Macpherson Road since 2000, most recently in 2026, and refused 2. 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.

1 Oct 2026Approved
Change of use to gym/fitess centre use
Proposed change of use of 1st storey to gym/fitess centre use
2 Dec 2024Refused
Change of use to child care centre
Proposed change of use of 1st storey to child care centre
11 Dec 2023Refused
Change of use to restaurant
Proposed change of use of the 1st storey premises to restaurant
11 Jan 2021Approved
Change of use to gym/fitness centre
Change of use of the 3 units of the 1st storey bank to gym/fitness centre

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 185 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 185 Macpherson Road right now?

Key takeaway1 unit is currently listed at 185 Macpherson Road. One row per unit; several agents often market the same unit.

For rent (1)

Macpherson Road ShophouseS$25k/mo · 5,545 sqft

Browse every listing at this building →

What is near 185 Macpherson Road?

Key takeawayThe nearest MRT/LRT is Potong Pasir MRT, about 713 m away — and 2 competing retail premisess operate nearby.

Getting around

Potong Pasir MRT713 m · ~11 min

Amenities nearby

Chempaka Ave Pg · 168 mBef Jln Wangi · 177 mPlace Of Worship · 218 mCircuit Medical Clinic · 342 mEducational Institution · 343 mHotel · 432 mPotong Pasir MRT Exit B · 679 mKolam Ayer Community Club · 929 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 461 mThe Poiz Centre · 807 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 185 Macpherson Road

Key takeawayThe nearest station is Potong Pasir (NE10), 679 m away — a moderately busy station, with about 35,000 taps in and out on an average weekday. 8 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.

Foot traffic: busier than 12% of retail buildings

nearest MRT/LRT Potong Pasir (NE10) 679 m, about 35,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 5, about 8,335 taps a weekday; Toa Payoh: 53,749 resident workers (Census 2020, by workplace); about 39,000 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)679 m · about 35,000 weekday taps
Mattar (DT25)888 m · 9,848 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 185 Macpherson Road. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 8,335 boardings and alightings on an average weekday.

Public car parks within 500 m

Lor Pendek (URA)135 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Service Rd (Macpherson Rd) (URA)165 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 23 car lots
Genting Link (URA)229 m
S$0.60 per half-hour at midday on a weekday · 2 car lots
Genting Rd (URA)230 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Tannery Lane (URA)322 m
S$0.60 per half-hour at midday on a weekday · 36 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 185 Macpherson Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 185 Macpherson Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 185 Macpherson Road as their registered address. These are registered businesses, not who occupies the space.

Other services
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 185 Macpherson Road

Where is 185 Macpherson Road?⌄

185 Macpherson Road is at 185 Macpherson Road, Singapore 348544, in the Toa Payoh planning area.

What is 185 Macpherson Road zoned as?⌄

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

What have units at 185 Macpherson Road sold for?⌄

Across 1 recorded transaction, the median price is S$1,301 psf. The latest was in November 2023.

What is the nearest MRT station to 185 Macpherson Road?⌄

Potong Pasir MRT is the closest, 713 m away (about a 11-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on 185 Macpherson Road.

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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.

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 — 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.