CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 5 · Queenstown

24,24a Clementi Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2014

Quick Summary

24,24a Clementi Road is a commercial building in District 5 · Queenstown, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 3 transactions are on record since 1995, most recently in Nov 2014. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on 24,24a Clementi Road.

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What are the key facts about 24,24a Clementi Road?

Key takeaway24,24a Clementi Road is a commercial building in District 5 · Queenstown, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 3.0
Tenure: Freehold
District / Area: District 5 · Queenstown
Address: 24,24a Clementi Road
Land area: —
Completed: Not on record
Storeys: 2 (© OpenStreetMap contributors)
Submarket: City Fringe
Transactions on record: 3 (records start 1995)
Live listings: None
ACRA registrations: 1

About 24,24a Clementi Road

24,24A Clementi Road is a commercial property in Queenstown (District 05). It is located along Clementi Road, Singapore 129753.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

The site is freehold.

3 transactions have been recorded here, at a median of S$1,050 psf. The most recent was in November 2014.

1 business is currently registered at this address with ACRA.

The closest bus stop (Aft Clementi Rd) is 119 m away (about a 2-minute walk).

What is 24,24a Clementi Road zoned as?

Key takeaway24,24a Clementi Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.

Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 3.0

Run the full zoning report for this building →

What has 24,24a Clementi Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Nov 2014 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Nov 2014	Shop House	S$4.80M	2,029 sqft	$2,366
Feb 2010	Shop House	S$2.13M	2,029 sqft	$1,050
Jul 2004	Shop House	S$1.45M	2,029 sqft	$715

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 24,24a Clementi Road rent for?

Key takeawayNo street- or building-level rent is published here. Across District 5 retail, retail space rented at a median of $11.04 psf a month in 2026Q3, with the middle half of leases between $7.45 and $15.35. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 5 retail

Region band · 2026Q3

25th pct

$7.45

$80.17 psm

Median

$11.04

$118.89 psm

75th pct

$15.35

$165.18 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 5 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 24,24a Clementi 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.

What's been approved at 24,24a Clementi Road?

Key takeawayURA has approved 2 changes of use at 24,24a Clementi Road since 2000, most recently in 2004. 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.

23 Sept 2026Renewed
Continued use as restaurant
Continued use of the 1st storey premises as restaurant
27 Sept 2023Renewed
Continued use as restaurant
Continued use of the 1st storey premises as restaurant
29 Nov 2018Renewed
Continued use as restaurant and 2nd storey residential as students' hostel on the existing 2-stor
Continued use of the 1st storey confectionery as restaurant and 2nd storey residential as students' hostel on the existing 2-storey shophouse
28 Jun 2017Renewed
Continued use as restaurant and 2nd storey residential as students' hostel on the existing 2-stor
Continued use of the 1st storey confectionery as restaurant and 2nd storey residential as students' hostel on the existing 2-storey shophouse
30 Oct 2014Renewed
Continued use as restaurant and 2nd storey residential as students' hostel on the existing 2 stor
Continued use of the 1st storey confectionery as restaurant and 2nd storey residential as students' hostel on the existing 2 storey shophouse on lot 00311w mk 03 at 24 & 24a clementi road (queenstown planning area)
4 Dec 2012Renewed
Continued use as restaurant and 2nd storey residential as students' hostel on the existing 2 stor
Continued use of the 1st storey confectionery as restaurant and 2nd storey residential as students' hostel on the existing 2 storey shophouse
19 Apr 2011Approved
Additions & alterations
Proposed regularisaton and amendment to approved addition and alteration to the existing 2 storey shophouse and change of use of the 1st storey confectionary to restaurant and 2nd storey residential to students' hostel
14 Dec 2010Approved
Additions & alterations
Proposed additions and alterations to the existing 2 storey shophouse and change of use of the 1st storey confectionery to restaurant and 2nd storey residential to students' hostel
20 Dec 2004Approved
Change of use: clubhouse → confectionery
Proposed change of use of the 1st sty from clubhouse to confectionery
30 May 2002Approved
Change of use to clubhouse
Proposed change of use of the 1st storey shop to clubhouse

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).

What do commercial rents run near 24,24a Clementi 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 5 retail

Gross yield (area)

5.9%

5.3% net of property tax

Rent side (median of bands)

$118.89 psm/mo

2026Q3

Price side (strata, 5y)

$2,263 psf

32 sales

An INDICATIVE AREA yield for District 5 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 5 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$50.00	$57.14	$376.27
Level 1 · 30 & Below	$56.83	$66.67	$120.03
Level 2 & 3 · >30 - 100	$90.07	$125.08	$160.38
Level 1 · >30 - 100	$70.27	$112.69	$126.27
Level 1 · >100 - 300	$108.14	$129.44	$203.65
Level 2 & 3 · >100 - 300	$116.31	$143.20	$169.97

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 24,24a Clementi Road?

Amenities nearby

Educational Institution · 72 mAft Clementi Rd · 119 mPort / Airport · 338 mKent Ridge Clinic · 372 mPlace Of Worship · 597 mBusiness Park · 1.1 km

Competing premises nearby

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

West Coast Plaza · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 24,24a Clementi Road

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Kent Ridge, 1.8 km away. 4 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 4% of retail buildings

no MRT/LRT within 1 km (nearest Kent Ridge, 1.8 km); bus stops within 400 m: 14, about 8,600 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 13,000 residents within 1 km (June 2026); 0 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.

Bus

14 bus stops within 400 m, with 8,600 boardings and alightings on an average weekday.

Public car parks within 500 m

Neo Pee Teck Lane (URA)70 m
season S$90/month
Pasir Panjang Rd - Cle Menti Rd Off St (URA)175 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 47 car lots
Harbour Drive (URA)397 m
West Coast Park 1 Off St (URA)481 m
S$0.60 per half-hour at midday on a weekday · 58 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 24,24a Clementi Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 24,24a Clementi Road?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 24,24a Clementi Road as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
1
Wholesale and retail trade
0
Manufacturing
0
Financial and insurance
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 24,24a Clementi Road

Where is 24,24A Clementi Road?⌄

24,24A Clementi Road is at 24,24A Clementi Road, Singapore 129753, in the Queenstown planning area.

What is 24,24A Clementi Road zoned as?⌄

24,24A Clementi Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 24,24A Clementi Road?⌄

24,24A Clementi Road is freehold.

What have units at 24,24A Clementi Road sold for?⌄

Across 3 recorded transactions, the median price is S$1,050 psf. The latest was in November 2014.

How many businesses are registered at 24,24A Clementi Road?⌄

1 business is 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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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.

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 car park data (URA Data Service), 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.