CommercialRESIDENTIALDistrict 19 · Serangoon

323 Serangoon Avenue 3

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

323 Serangoon Avenue 3 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 11 live company registrations at this address.

1

What are the key facts about 323 Serangoon Avenue 3?

Key takeaway323 Serangoon Avenue 3 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
40,523 sqm
Completed
1985 (HDB Property Information)
Storeys
12 (HDB Property Information)
Submarket
Suburban
Transactions on record
None recorded
Live listings
None
ACRA registrations
11

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 323 Serangoon Avenue 3

323 Serangoon Avenue 3 is a mixed-use building in Serangoon (District 19). It is located along Serangoon Avenue 3, Singapore 550323.

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

It occupies roughly 40,523 sqm of land with about 226,280 sqm of gross floor area.

11 businesses are currently registered at this address with ACRA.

The nearest MRT is Serangoon MRT, 379 m away (about a 6-minute walk). The closest bus stop (Blk 330) is 106 m away (about a 2-minute walk). Nex is 324 m away (about a 5-minute walk).

3

What is 323 Serangoon Avenue 3 zoned as?

Key takeaway323 Serangoon Avenue 3 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 323 Serangoon Avenue 3 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 323 Serangoon Avenue 3

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 323 Serangoon Avenue 3?

Key takeawayURA's planning decisions at 323 Serangoon Avenue 3 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. 11 Nov 2013Approved
    Additions & alterations

    Proposed amendment (at block 327 only) to approved neighbourhood renewal programme on lots 11312x, 10769n, 10770a, 10771k, 10772n, 09471x, 11310k, 09470n, 09465a, 09467n, 09464t, 09468x, 09466k, 09469l, 11314c-pt, 09944x-pt, 17035m-pt and 10758c-pt mk 18 at blocks 308 to 317(serangoon west contract 2) & blocks 321 to 329 (serangoon west contract 4 to contract 7) serangoon avenue 3 (serangoon)

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 323 Serangoon Avenue 3?

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 323 Serangoon Avenue 3?

Key takeawayThe nearest MRT/LRT is Serangoon MRT, about 379 m away.

Getting around

Amenities nearby

326 Avenue 3 Clinic · 100 mBlk 330 · 106 mBraddell Heights Community Club · 125 mEducational Institution · 139 mSerangoon MRT Exit F · 228 mPlace Of Worship · 244 mCold Storage Singapore (1983) Pte Ltd · 324 mNex · 324 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 323 Serangoon Avenue 3

Key takeawayThe nearest station is Serangoon (NE12 / CC13), 228 m away — one of the busiest stations, with about 119,000 taps in and out on an average weekday. 11 public car parks are within 500 m.
Foot traffic: busier than 83% of retail buildings

nearest MRT/LRT Serangoon (NE12/CC13) 228 m, about 119,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 7, about 28,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 48,000 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)228 m · about 119,000 weekday taps
  • Lorong Chuan (CC14)498 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 323 Serangoon Avenue 3. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 28,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 330/335 Serangoon Avenue 3 (HDB)159 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 279 car lots
  • Blk 238/246 Serangoon Avenue 3 (HDB)192 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 425 car lots
  • Blk 321/329 Serangoon Avenue 3 (HDB)198 m
    S$0.60 per half-hour at midday on a weekday · 465 car lots
  • Blk 301/319 Serangoon Avenue 2 (HDB)247 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 674 car lots
  • Blk 265 Serangoon Avenue 3 (HDB)292 m
    S$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: Sunshine Terrace Area, 664 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 323 Serangoon Avenue 3's own car park, if it has one, and its charges are not in the open data.

10

How many companies are registered at 323 Serangoon Avenue 3?

Key takeawayACRA records 11 live company registrations at this address, 4 of them in the last three years.
Live registrations
11
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 323 Serangoon Avenue 3

Where is 323 Serangoon Avenue 3?⌄

323 Serangoon Avenue 3 is at Serangoon Avenue 3, Singapore 550323, in the Serangoon planning area.

What is 323 Serangoon Avenue 3 zoned as?⌄

323 Serangoon Avenue 3 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 323 Serangoon Avenue 3?⌄

No caveats have been lodged for 323 Serangoon Avenue 3 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 323 Serangoon Avenue 3?⌄

Serangoon MRT is the closest, 379 m away (about a 6-minute walk).

How many businesses are registered at 323 Serangoon Avenue 3?⌄

11 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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