CommercialRESIDENTIALDistrict 19 · Serangoon

255 Serangoon Central Drive

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

255 Serangoon Central Drive is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 7 live company registrations at this address.

1

What are the key facts about 255 Serangoon Central Drive?

Key takeaway255 Serangoon Central Drive is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 19 · Serangoon
Address
—
Land area
21,044 sqm
Completed
1997 (HDB Property Information)
Storeys
15 (HDB Property Information)
Submarket
Suburban
Transactions on record
None recorded
Live listings
None
ACRA registrations
7

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 255 Serangoon Central Drive

255 Serangoon Central Drive is a mixed-use building in Serangoon (District 19). It is located along Serangoon Central Drive, Singapore 550255.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

It occupies roughly 21,044 sqm of land with about 58,924 sqm of gross floor area.

7 businesses are currently registered at this address with ACRA.

The nearest MRT is Serangoon MRT, 536 m away (about a 8-minute walk). The closest bus stop (Blk 230) is 148 m away (about a 2-minute walk). Nex is 503 m away (about a 8-minute walk).

3

What is 255 Serangoon Central Drive zoned as?

Key takeaway255 Serangoon Central Drive sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What does space at 255 Serangoon Central Drive 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 255 Serangoon Central Drive

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 255 Serangoon Central Drive?

Key takeawayURA's planning decisions at 255 Serangoon Central Drive 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. 4 Oct 2010Approved
    Additions & alterations

    Proposed construction of drop-off point at blk 256 on lot 07621p, mk 17 at serangoon central drive for m/s marine parade town council (serangoon planning area)

  2. 31 May 2002Approved
    Additions & alterations

    Proposed covered linkway from block 257a to existing bus stop

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 255 Serangoon Central Drive?

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 255 Serangoon Central Drive?

Key takeawayThe nearest MRT/LRT is Serangoon MRT, about 536 m away.

Getting around

Amenities nearby

Teo Bobby · 114 m6-10 Clinic & Surgery · 120 mBlk 230 · 148 mEducational Institution · 342 mBraddell Heights Community Club · 378 mChuan Walk Pg · 440 mSerangoon MRT Exit F · 462 mNex · 503 mPlace Of Worship · 525 mHotel · 877 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 255 Serangoon Central Drive

Key takeawayThe nearest station is Serangoon (NE12 / CC13), 462 m away — one of the busiest stations, with about 119,000 taps in and out on an average weekday. 15 public car parks are within 500 m.
Foot traffic: busier than 50% of retail buildings

nearest MRT/LRT Serangoon (NE12/CC13) 462 m, about 119,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 17,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 50,000 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

  • Serangoon (NE12 / CC13)462 m · about 119,000 weekday taps
  • Lorong Chuan (CC14)774 m · about 18,000 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 255 Serangoon Central Drive. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 253/254 Serangoon Central Drive (HDB)112 m
    S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 185 car lots
  • Blk 231/237 Serangoon Avenue 3 (HDB)113 m
    S$0.60 per half-hour at midday on a weekday · 187 car lots
  • Blk 257A Serangoon Central Drive (HDB)168 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 280 car lots
  • Blk 261/263 Serangoon Central (HDB)172 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 20 car lots
  • Blk 223/230 Serangoon Avenue 4 (HDB)178 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 421 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: Lim Tua Tow Area, 712 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. 255 Serangoon Central Drive's own car park, if it has one, and its charges are not in the open data.

10

How many companies are registered at 255 Serangoon Central Drive?

Key takeawayACRA records 7 live company registrations at this address, 4 of them in the last three years.
Live registrations
7
Registered last 3 years
4
Most common type
Local Company

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 255 Serangoon Central Drive

Where is 255 Serangoon Central Drive?⌄

255 Serangoon Central Drive is at Serangoon Central Drive, Singapore 550255, in the Serangoon planning area.

What is 255 Serangoon Central Drive zoned as?⌄

255 Serangoon Central Drive 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 255 Serangoon Central Drive?⌄

No caveats have been lodged for 255 Serangoon Central Drive 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 255 Serangoon Central Drive?⌄

Serangoon MRT is the closest, 536 m away (about a 8-minute walk).

How many businesses are registered at 255 Serangoon Central Drive?⌄

7 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on 255 Serangoon Central Drive.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 255 Serangoon Central Drive — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…