CommercialRESIDENTIAL999-year leaseholdDistrict 19 · Serangoon

339 Upper Paya Lebar Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2008
Quick Summary

339 Upper Paya Lebar Road is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Apr 2008. ACRA records 0 live company registrations at this address.

1

What are the key facts about 339 Upper Paya Lebar Road?

Key takeaway339 Upper Paya Lebar Road is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0
Tenure
999-year leasehold
District / Area
District 19 · Serangoon
Address
339 Upper Paya Lebar Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 339 Upper Paya Lebar Road

339 Upper Paya Lebar Road is a mixed-use property in Serangoon (District 19). It is located along Upper Paya Lebar Road, Singapore 534953.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 3.

The site is 999-year leasehold, with about 937 years remaining on the lease.

1 transaction has been recorded here, at a median of S$1,140 psf. The most recent was in April 2008.

The nearest MRT is Bartley MRT, 338 m away (about a 5-minute walk). The closest bus stop (Bef How Sun Rd) is 48 m away (about a 1-minute walk).

3

What is 339 Upper Paya Lebar Road zoned as?

Key takeaway339 Upper Paya Lebar Road sits on land zoned RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 339 Upper Paya Lebar Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2008Shop HouseS$1.35M1,184 sqft$1,140

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 Upper Paya Lebar Road price?

Strata sales on the street (5y)
1

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near 339 Upper Paya Lebar 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 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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 339 Upper Paya Lebar Road?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 338 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Bef How Sun Rd · 48 mPlace Of Worship · 120 mKensington Square Medical Clinic And Surgery · 166 mJln Kelichap Pg · 172 mBartley MRT Exit B · 334 mEducational Institution · 347 mBusiness Park · 728 m

Competing premises nearby

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

Nex · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 339 Upper Paya Lebar Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 339 Upper Paya Lebar Road

Where is 339 Upper Paya Lebar Road?

339 Upper Paya Lebar Road is at 339 Upper Paya Lebar Road, Singapore 534953, in the Serangoon planning area.

What is 339 Upper Paya Lebar Road zoned as?

339 Upper Paya Lebar Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 339 Upper Paya Lebar Road?

339 Upper Paya Lebar Road is 999-year leasehold. About 937 years remain on the lease.

What have units at 339 Upper Paya Lebar Road sold for?

Across 1 recorded transaction, the median price is S$1,140 psf. The latest was in April 2008.

What is the nearest MRT station to 339 Upper Paya Lebar Road?

Bartley MRT is the closest, 338 m away (about a 5-minute walk).

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