242 Hougang Street 22
242 Hougang Street 22 is a commercial building in District 19 · Hougang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 1 live company registration at this address.
What are the key facts about 242 Hougang Street 22?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
- Tenure
- Not on record
- District / Area
- District 19 · Hougang
- Address
- —
- Land area
- 2,523 sqm
- Completed
- 1984 (HDB Property Information)
- Storeys
- 12 (HDB Property Information)
- Submarket
- Suburban
- Transactions on record
- None recorded
- Live listings
- None
- ACRA registrations
- 1
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.
About 242 Hougang Street 22
242 Hougang Street 22 is a mixed-use building in Hougang (District 19). It is located along Hougang Street 22, Singapore 530242.
Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.
It occupies roughly 2,523 sqm of land with about 7,064 sqm of gross floor area.
17 businesses are currently registered at this address with ACRA.
The nearest MRT is Kovan MRT, 848 m away (about a 13-minute walk). The closest bus stop (Opp Blk 241) is 79 m away (about a 1-minute walk). Heartland Mall Kovan is 814 m away (about a 13-minute walk).
What is 242 Hougang Street 22 zoned as?
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
What does space at 242 Hougang Street 22 rent for?
Retail space — District 19 retail
Region band · 2026Q3S$ 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 19 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 242 Hougang Street 22
- Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft
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 242 Hougang Street 22?
- 22 Sept 2009ApprovedAdditions & alterations
Proposed additions and alterations to existing public housing development blocks 239 to 246 with new lifts and entrance porches at hougang n2 c3 & 4 at hougang street 22 (lift upgrading programme
- 16 Jul 2007ApprovedAdditions & alterations
Proposed additions and alterations to existing public housing development blocks 239 to 246 with new lifts and entrance porches at hougang n2 c3 & 4 at hougang street 22 (lift upgrading programme) 04311l, 04364p, 04365t, 07706m pt, 4308
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$54.50 per unit).
What do commercial rents run near 242 Hougang Street 22?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $63.64 | $104.00 | $295.24 |
| B1 & Below · 30 & Below | $63.48 | $71.43 | $209.95 |
| Level 2 & 3 · 30 & Below | $54.03 | $66.41 | $81.37 |
| B1 & Below · >30 - 100 | $225.40 | $251.63 | $339.38 |
| Level 2 & 3 · >30 - 100 | $201.18 | $241.17 | $307.68 |
| Level 1 · >30 - 100 | $98.95 | $138.38 | $262.23 |
| Level 2 & 3 · >100 - 300 | $201.65 | $214.77 | $221.82 |
| B1 & Below · >100 - 300 | $196.03 | $234.00 | $280.07 |
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 242 Hougang Street 22?
Getting around
- Kovan MRT848 m · ~13 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 242 Hougang Street 22
nearest MRT/LRT Kovan (NE13) 803 m, about 48,000 taps a weekday; bus stops within 400 m: 8, about 10,000 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 35,000 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
- Kovan (NE13)803 m · about 48,000 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 242 Hougang Street 22. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 10,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 239-246 Hougang Street 22 (HDB)70 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 333 car lots
- Blk 247-254 Hougang Avenue 3 (HDB)273 mS$0.60 per half-hour at midday on a weekday · gantry 5 m · 325 car lots
- Blk 230/232/234/236/238 Hougang Avenue 1 (HDB)365 mS$0.60 per half-hour at midday on a weekday · gantry 2.4 m · 196 car lots
- Blk 101-108 Hougang Avenue 1 (HDB)367 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 248 car lots
- Blk 105 Hougang Avenue 1 (HDB)444 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 168 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Simon Road-Kovan Road Area, 1.6 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 242 Hougang Street 22's own car park, if it has one, and its charges are not in the open data.
Who's registered at 242 Hougang Street 22?
- Other services1
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. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.
Frequently asked questions about 242 Hougang Street 22
Where is 242 Hougang Street 22?⌄
242 Hougang Street 22 is at Hougang Street 22, Singapore 530242, in the Hougang planning area.
What is 242 Hougang Street 22 zoned as?⌄
242 Hougang Street 22 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 242 Hougang Street 22?⌄
No caveats have been lodged for 242 Hougang Street 22 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 242 Hougang Street 22?⌄
Kovan MRT is the closest, 848 m away (about a 13-minute walk).
How many businesses are registered at 242 Hougang Street 22?⌄
17 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.
The facts are here — now get the verdict on 242 Hougang Street 22.
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