CommercialRESIDENTIALDistrict 19 · Sengkang

248 Compassvale Road

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

248 Compassvale Road is a commercial building in District 19 · Sengkang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. ACRA records 15 live company registrations at this address.

1

What are the key facts about 248 Compassvale Road?

Key takeaway248 Compassvale Road is a commercial building in District 19 · Sengkang, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 19 · Sengkang
Address
—
Land area
71,295 sqm
Completed
1998 (HDB Property Information)
Storeys
15 (HDB Property Information)
Submarket
Suburban
Transactions on record
None recorded
Live listings
None
ACRA registrations
15

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.

2

About 248 Compassvale Road

248 Compassvale Road is a mixed-use building in Sengkang (District 19). It is located along Compassvale Road, Singapore 540248.

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

It occupies roughly 71,295 sqm of land with about 213,885 sqm of gross floor area.

15 businesses are currently registered at this address with ACRA.

The nearest MRT is Compassvale LRT, 341 m away (about a 5-minute walk). The closest bus stop (Blk 248A) is 89 m away (about a 1-minute walk). Compass One is 377 m away (about a 6-minute walk).

3

What is 248 Compassvale Road zoned as?

Key takeaway248 Compassvale Road sits on land zoned RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What does space at 248 Compassvale Road rent for?

Key takeawayNo street- or building-level rent is published here. Across District 19 retail, retail space rented at a median of $12.67 psf a month in 2026Q3, with the middle half of leases between $9.19 and $20.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 19 retail

Region band · 2026Q3
25th pct
$9.19
$98.95 psm
Median
$12.67
$136.43 psm
75th pct
$20.61
$221.82 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 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).

5

Market context around 248 Compassvale Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Suburban: Rent S$32.95 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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.

6

What's been approved at 248 Compassvale Road?

Key takeawayURA's planning decisions at 248 Compassvale Road since 2000 are below. 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. 21 Jun 2002Approved
    Additions & alterations

    Prop covered linkways from existing hdb blocks 248/244 & 248 to bus shelter at compassvale road

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).

7

What do commercial rents run near 248 Compassvale 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 19 retail

Gross yield (area)
6.9%
6.2% net of property tax
Rent side (median of bands)
$136.43 psm/mo
2026Q3
Price side (strata, 5y)
$2,212 psf
70 sales

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 band25th pctMedian75th 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.

8

What is near 248 Compassvale Road?

Key takeawayThe nearest MRT/LRT is Compassvale LRT, about 341 m away.

Getting around

Amenities nearby

Blk 248A · 89 mEducational Institution · 174 mNortheast Medical Group (Sengkang) · 284 mSengkang MRT Exit D · 306 mPlace Of Worship · 332 mCompass One · 377 mPrime Supermarket Limited? · 399 mSengkang Community Club · 482 mSengkang Polyclinic · 490 mSengkang General Hospital · 756 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 248 Compassvale Road

Key takeawayThe nearest station is Sengkang (NE16 / STC), 306 m away — one of the busiest stations, with about 98,000 taps in and out on an average weekday. 17 public car parks are within 500 m.
Foot traffic: busier than 79% of retail buildings

nearest MRT/LRT Sengkang (NE16/STC) 306 m, about 98,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 16, about 64,000 taps a weekday; Sengkang: 17,566 resident workers (Census 2020, by workplace); about 119,000 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

  • Sengkang (NE16 / STC)306 m · about 98,000 weekday taps
  • Compassvale (SE1)337 m · 9,385 weekday taps
  • Cheng Lim (SW1)672 m · 3,955 weekday taps
  • Rumbia (SE2)840 m · about 11,000 weekday taps
  • Bakau (SE3)896 m · 6,559 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 248 Compassvale Road. Transfers between lines don't tap, so interchanges read low.

Bus

16 bus stops within 400 m, with about 64,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 248A Compassvale Road (HDB)74 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m
  • Blk 257 Compassvale Road (HDB)97 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 430 car lots
  • Blk 256A Compassvale Road (HDB)197 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 1,358 car lots
  • Blk 241A Compassvale Walk (HDB)216 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 394 car lots
  • Blk 259 Compassvale Road (HDB)257 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 430 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Service Rd (Jln Kelulu T), 2.7 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 248 Compassvale Road's own car park, if it has one, and its charges are not in the open data.

10

How many companies are registered at 248 Compassvale Road?

Key takeawayACRA records 15 live company registrations at this address, 4 of them in the last three years.
Live registrations
15
Registered last 3 years
4
Most common type
Sole Proprietorship/ Partnership

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.

11

Frequently asked questions about 248 Compassvale Road

Where is 248 Compassvale Road?⌄

248 Compassvale Road is at Compassvale Road, Singapore 540248, in the Sengkang planning area.

What is 248 Compassvale Road zoned as?⌄

248 Compassvale Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 3.

Have there been any recorded transactions at 248 Compassvale Road?⌄

No caveats have been lodged for 248 Compassvale Road 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 248 Compassvale Road?⌄

Compassvale LRT is the closest, 341 m away (about a 5-minute walk).

How many businesses are registered at 248 Compassvale Road?⌄

15 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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