CommercialDistrict 19 · Serangoon

37 Upper Paya Lebar Road

Reviewed by Nathan TangUpdated 8 November 2026Data through May 1996
Quick Summary

37 Upper Paya Lebar Road is a commercial building in District 19 · Serangoon. 1 transaction is on record since 1995, most recently in May 1996. ACRA records 0 live company registrations at this address.

1

What are the key facts about 37 Upper Paya Lebar Road?

Key takeaway37 Upper Paya Lebar Road is a commercial building in District 19 · Serangoon.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Not on record
District / Area
District 19 · Serangoon
Address
37 Upper Paya Lebar Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 37 Upper Paya Lebar Road

37 Upper Paya Lebar Road is a commercial property in Serangoon (District 19). It is located along Upper Paya Lebar Road, Singapore 534805.

1 transaction has been recorded here, at a median of S$895 psf. The most recent was in May 1996.

3

What has 37 Upper Paya Lebar Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 1996 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 1996Shop HouseS$1.21M1,356 sqft$895

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. sqm ↔ sq ft converter

4

What does space at 37 Upper Paya Lebar Road rent for?

Key takeawayNo rent is published for 37 Upper Paya Lebar Road itself. On its street, Upper Paya Lebar Road, retail space rented at a median of $4.16 psf a month in 2021Q4. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Upper Paya Lebar Road

Street level · 2021Q4
25th pct
—
— psm
Median
$4.16
$44.81 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

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 37 Upper Paya Lebar Road

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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

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.

7

What do commercial rents run near 37 Upper Paya Lebar Road?

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

Who's registered at 37 Upper Paya Lebar Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 37 Upper Paya Lebar Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

9

Frequently asked questions about 37 Upper Paya Lebar Road

Where is 37 Upper Paya Lebar Road?⌄

37 Upper Paya Lebar Road is at 37 Upper Paya Lebar Road, Singapore 534805, in the Serangoon planning area.

What have units at 37 Upper Paya Lebar Road sold for?⌄

Across 1 recorded transaction, the median price is S$895 psf. The latest was in May 1996.

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