CommercialCOMMERCIALConservationFreeholdDistrict 15 · Marine Parade

331 Joo Chiat Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2025
Quick Summary

331 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. 6 transactions are on record since 1995, most recently in Nov 2025. ACRA records 4 live company registrations at this address.

1

What are the key facts about 331 Joo Chiat Road?

Key takeaway331 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
331 Joo Chiat Road
Land area
Transactions on record
6 (records start 1995)
Live listings
None
ACRA registrations
4
2

About 331 Joo Chiat Road

331 Joo Chiat Road is a commercial property in Marine Parade (District 15). It is located along Joo Chiat Road, Singapore 427587.

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.

6 transactions have been recorded here, at a median of S$2,848 psf. The most recent was in November 2025.

4 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 761 m away (about a 12-minute walk). The closest bus stop (Marshall Lane) is 84 m away (about a 1-minute walk).

3

What is 331 Joo Chiat Road zoned as?

Key takeaway331 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 331 Joo Chiat Road sold for?

Key takeaway6 transactions are on record since 1995, most recently in Nov 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2025Shop HouseS$6.18M902 sqft$6,851
Nov 2022Shop HouseS$5.00M902 sqft$5,543
May 2018Shop HouseS$2.75M902 sqft$3,049
Jun 2012Shop HouseS$2.39M902 sqft$2,647
Jun 2011Shop HouseS$1.60M902 sqft$1,774
Sept 2010Shop HouseS$1.18M902 sqft$1,308

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 331 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 331 Joo Chiat Road?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 761 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Joo Chiat Medical Clinic · 43 mMarshall Lane · 85 mPlace Of Worship · 140 mEducational Institution · 209 mKoon Seng Park · 216 mJoo Chiat Community Club · 244 mHotel · 308 mMarine Parade MRT Exit 3 · 711 mMarine Parade Polyclinic · 918 mParkway East Hospital · 939 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 · 114 mi12 Katong · 500 mTanesei Retailing Pte. Ltd. · 500 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 331 Joo Chiat Road?

Key takeawayACRA records 4 live company registrations at this address, 1 of them in the last three years.
Live registrations
4
Registered last 3 years
1
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.

9

Frequently asked questions about 331 Joo Chiat Road

Where is 331 Joo Chiat Road?

331 Joo Chiat Road is at 331 Joo Chiat Road, Singapore 427587, in the Marine Parade planning area.

What is 331 Joo Chiat Road zoned as?

331 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 331 Joo Chiat Road?

331 Joo Chiat Road is freehold.

Is 331 Joo Chiat Road a conserved property?

Yes. 331 Joo Chiat Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 331 Joo Chiat Road sold for?

Across 6 recorded transactions, the median price is S$2,848 psf. The latest was in November 2025.

What is the nearest MRT station to 331 Joo Chiat Road?

Marine Parade MRT is the closest, 761 m away (about a 12-minute walk).

How many businesses are registered at 331 Joo Chiat Road?

4 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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