CommercialCOMMERCIALConservationFreeholdDistrict 15 · Marine Parade

321 Joo Chiat Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2024
Quick Summary

321 Joo Chiat Road is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 1 transaction is on record since 1995, most recently in Nov 2024. ACRA records 2 live company registrations at this address.

1

What are the key facts about 321 Joo Chiat Road?

Key takeaway321 Joo Chiat Road is a commercial building in District 15 · Marine Parade, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 15 · Marine Parade
Address
321 Joo Chiat Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 321 Joo Chiat Road

321 Joo Chiat Road is a commercial property in Marine Parade (District 15). It is located along Joo Chiat Road, Singapore 427572.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold.

1 transaction has been recorded here, at a median of S$5,372 psf. The most recent was in November 2024.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 788 m away (about a 12-minute walk). The closest bus stop (Marshall Lane) is 112 m away (about a 2-minute walk).

3

What is 321 Joo Chiat Road zoned as?

Key takeaway321 Joo Chiat Road sits on land zoned COMMERCIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Conservation area
Joo Chiat
Conserved building
Yes

Run the full zoning report for this building →

4

What has 321 Joo Chiat Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2024 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2024Shop HouseS$5.10M949 sqft$5,372

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.

5

How does Joo Chiat Road price?

Key takeawayAcross 67 strata sales on Joo Chiat Road in the last 5 years, the median is $1,883 psf.
Strata sales on the street (5y)
67
Street median PSF (strata)
$1,883

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near 321 Joo Chiat Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 15 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$109.64 psm/mo
2026Q2
Price side (strata, 5y)
$2,890 psf
86 sales

An INDICATIVE AREA yield for District 15 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 15 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$60.00$91.67$123.00
B1 & Below · 30 & Below$75.81$109.64$243.47
Level 2 & 3 · 30 & Below$68.24$125.48$215.03
Level 4 & Above · >30 - 100$50.75$55.22$59.76
Level 1 · >30 - 100$89.55$111.66$176.50
Level 2 & 3 · >30 - 100$74.56$115.04$179.95
B1 & Below · >30 - 100$96.86$112.98$285.03
Level 1 · >100 - 300$100.81$136.47$176.70

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.

7

What is near 321 Joo Chiat Road?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 789 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Joo Chiat Medical Clinic · 25 mMarshall Lane · 112 mPlace Of Worship · 133 mEducational Institution · 193 mKoon Seng Park · 195 mJoo Chiat Community Club · 274 mHotel · 279 mMarine Parade MRT Exit 3 · 740 mParkway East Hospital · 937 mMarine Parade Polyclinic · 947 m

Competing premises nearby

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

Dunman Food Centre · 91 mi12 Katong · 529 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 321 Joo Chiat Road?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
Most common type
Limited Liability 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.

9

Frequently asked questions about 321 Joo Chiat Road

Where is 321 Joo Chiat Road?

321 Joo Chiat Road is at 321 Joo Chiat Road, Singapore 427572, in the Marine Parade planning area.

What is 321 Joo Chiat Road zoned as?

321 Joo Chiat Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 321 Joo Chiat Road?

321 Joo Chiat Road is freehold.

Is 321 Joo Chiat Road a conserved property?

Yes. 321 Joo Chiat Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 321 Joo Chiat Road sold for?

Across 1 recorded transaction, the median price is S$5,372 psf. The latest was in November 2024.

What is the nearest MRT station to 321 Joo Chiat Road?

Marine Parade MRT is the closest, 788 m away (about a 12-minute walk).

How many businesses are registered at 321 Joo Chiat Road?

2 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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