261 Serangoon Central Drive
261 Serangoon Central Drive is a commercial building in District 19 · Serangoon, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. 2 units are currently listed for rent. ACRA records 7 live company registrations at this address.
What are the key facts about 261 Serangoon Central Drive?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Not on record
- District / Area
- District 19 · Serangoon
- Address
- —
- Land area
- 36,346 sqm
- Completed
- 1988 (HDB Property Information)
- Storeys
- 4 (HDB Property Information)
- Submarket
- Suburban
- Listed as
- Shop / Shophouse, Food & Beverage, Other Retail
- Transactions on record
- None recorded
- Live listings
- 2
- 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.
About 261 Serangoon Central Drive
261 Serangoon Central Drive is a commercial building in Serangoon (District 19). It is located along Serangoon Central Drive, Singapore 550261.
Under the URA Master Plan it sits on land zoned commercial & residential.
It occupies roughly 36,346 sqm of land with about 31 sqm of gross floor area.
16 businesses are currently registered at this address with ACRA.
The nearest MRT is Serangoon MRT, 381 m away (about a 6-minute walk). The closest bus stop (Blk 261) is 36 m away (about a 1-minute walk). Nex is 366 m away (about a 6-minute walk).
What is 261 Serangoon Central Drive zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What does space at 261 Serangoon Central Drive 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 261 Serangoon Central Drive
- 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.
How fast units move at 261 Serangoon Central Drive
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 2 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 261 Serangoon Central Drive?
- 1 Sept 2021ApprovedFloor 1Change of use to self-service laundry
Proposed change of use of unit #01-XX (1st storey) to self-service laundry
- 5 Dec 2018RenewedFloor 1Continued use as laundry shop
Continued use of 1st storey unit #01-XX as laundry shop
- 5 Oct 2015ApprovedFloor 1Change of use to laundry shop
Proposed change of use of 1st storey unit #01-XX to laundry shop
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$54.50 per unit).
What do commercial rents run near 261 Serangoon Central Drive?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ 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 available at 261 Serangoon Central Drive right now?
For rent (2)
- Prime Serangoon Central Unit with Strong Frontage and Connectivity2 agentsS$24k/mo · 1,292 sqft
- L1 HDB Shophouse Space @ Serangoon Central | Prime LocationS$24k/mo · 1,292 sqft
What is near 261 Serangoon Central Drive?
Getting around
- Serangoon MRT381 m · ~6 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 261 Serangoon Central Drive
nearest MRT/LRT Serangoon (NE12/CC13) 362 m, about 119,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 10, about 42,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 53,000 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)362 m · about 119,000 weekday taps
- Lorong Chuan (CC14)893 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 261 Serangoon Central Drive. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with about 42,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 261/263 Serangoon Central (HDB)45 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 20 car lots
- Blk 262/263 Serangoon Central (HDB)88 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 26 car lots
- Blk 257A Serangoon Central Drive (HDB)129 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 280 car lots
- Blk 201/210 Serangoon Central (HDB)150 mS$0.60 per half-hour at midday on a weekday · 558 car lots
- Blk 265 Serangoon Avenue 3 (HDB)183 mS$0.60 per half-hour at midday on a weekday · 167 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: Lim Tua Tow Area, 509 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. 261 Serangoon Central Drive's own car park, if it has one, and its charges are not in the open data.
Who's registered at 261 Serangoon Central Drive?
- Accommodation and food services4
- Wholesale and retail trade2
- Other services1
- Information and communications0
- Real estate0
- Professional, scientific and technical services0
- Health and social services0
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 261 Serangoon Central Drive
Where is 261 Serangoon Central Drive?⌄
261 Serangoon Central Drive is at Serangoon Central Drive, Singapore 550261, in the Serangoon planning area.
What is 261 Serangoon Central Drive zoned as?⌄
261 Serangoon Central Drive sits on land zoned commercial & residential under the URA Master Plan.
Have there been any recorded transactions at 261 Serangoon Central Drive?⌄
No caveats have been lodged for 261 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 261 Serangoon Central Drive?⌄
Serangoon MRT is the closest, 381 m away (about a 6-minute walk).
How many businesses are registered at 261 Serangoon Central Drive?⌄
16 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 261 Serangoon Central Drive.
Ask what a unit here would fetch, what the zone allows, or how it compares.
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