CommercialRESIDENTIALFreeholdDistrict 19 · Serangoon

359 Upper Paya Lebar Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2023
Quick Summary

359 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 freehold. 1 transaction is on record since 1995, most recently in Aug 2023. ACRA records 2 live company registrations at this address.

1

What are the key facts about 359 Upper Paya Lebar Road?

Key takeaway359 Upper Paya Lebar Road is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 19 · Serangoon
Address
359 Upper Paya Lebar Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 359 Upper Paya Lebar Road

359 Upper Paya Lebar Road is a mixed-use property in Serangoon (District 19). It is located along Upper Paya Lebar Road, Singapore 534961.

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

The site is freehold.

1 transaction has been recorded here, at a median of S$1,804 psf. The most recent was in August 2023.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Bartley MRT, 547 m away (about a 8-minute walk). The closest bus stop (Opp Bethany Presby Ch) is 107 m away (about a 2-minute walk).

3

What is 359 Upper Paya Lebar Road zoned as?

Key takeaway359 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 359 Upper Paya Lebar Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2023Shop HouseS$3.30M1,829 sqft$1,804

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 359 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 359 Upper Paya Lebar Road?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 547 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Place Of Worship · 97 mOpp Bethany Presby Ch · 107 mLorong Ong Lye Park · 165 mKensington Square Medical Clinic And Surgery · 342 mEducational Institution · 385 mBartley MRT Exit B · 457 mHotel · 744 mBusiness Park · 985 m

Competing premises nearby

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

Nex · 948 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 359 Upper Paya Lebar Road?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
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 359 Upper Paya Lebar Road

Where is 359 Upper Paya Lebar Road?

359 Upper Paya Lebar Road is at 359 Upper Paya Lebar Road, Singapore 534961, in the Serangoon planning area.

What is 359 Upper Paya Lebar Road zoned as?

359 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 359 Upper Paya Lebar Road?

359 Upper Paya Lebar Road is freehold.

What have units at 359 Upper Paya Lebar Road sold for?

Across 1 recorded transaction, the median price is S$1,804 psf. The latest was in August 2023.

What is the nearest MRT station to 359 Upper Paya Lebar Road?

Bartley MRT is the closest, 547 m away (about a 8-minute walk).

How many businesses are registered at 359 Upper Paya Lebar 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on 359 Upper Paya Lebar Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 359 Upper Paya Lebar Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp