CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 5 · Queenstown

38,38a South Buona Vista Road

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

38,38a South Buona Vista Road is a commercial building in District 5 · Queenstown, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 2 transactions are on record since 1995, most recently in Apr 2023. 1 unit is currently listed for rent. ACRA records 1 live company registration at this address.

1

What are the key facts about 38,38a South Buona Vista Road?

Key takeaway38,38a South Buona Vista Road is a commercial building in District 5 · Queenstown, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 5 · Queenstown
Address
38,38a South Buona Vista Road
Land area
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
1
2

About 38,38a South Buona Vista Road

38,38A South Buona Vista Road is a commercial property in Queenstown (District 05). It is located along South Buona Vista Road, Singapore 118164.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

The site is freehold.

2 transactions have been recorded here, at a median of S$2,948 psf. The most recent was in April 2023.

1 business is currently registered at this address with ACRA.

The nearest MRT is Haw Par Villa MRT, 616 m away (about a 10-minute walk). The closest bus stop (Aft Lor Sarhad) is 21 m away (about a 0-minute walk).

3

What is 38,38a South Buona Vista Road zoned as?

Key takeaway38,38a South Buona Vista Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 38,38a South Buona Vista Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2023Shop HouseS$7.30M2,171 sqft$3,362
Dec 2012Shop HouseS$5.50M2,171 sqft$2,533

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 South Buona Vista Road price?

Key takeawayAcross 13 strata sales on South Buona Vista Road in the last 5 years, the median is $1,983 psf.
Strata sales on the street (5y)
13
Street median PSF (strata)
$1,983

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

6

What do commercial rents run near 38,38a South Buona Vista 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 5 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$85.48 psm/mo
2026Q2
Price side (strata, 5y)
$2,256 psf
33 sales

An INDICATIVE AREA yield for District 5 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 5 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$75.50$78.57$94.64
B1 & Below · 30 & Below$49.40$56.25$167.56
Level 1 · >30 - 100$65.08$80.89$95.59
Level 2 & 3 · >30 - 100$107.16$142.68$238.92
B1 & Below · >30 - 100$136.41$266.41$413.89
Level 4 & Above · >30 - 100$245.10$253.31$294.36
Level 2 & 3 · >100 - 300$57.26$74.59$120.64
Level 1 · >100 - 300$75.28$85.48$131.66

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 available at 38,38a South Buona Vista Road right now?

Key takeaway1 unit is currently listed at 38,38a South Buona Vista Road. One row per unit; several agents often market the same unit.

For rent (1)

  • 38 south bouna vista road2 agentsS$15k/mo · 1,600 sqft

Browse every listing at this building →

8

What is near 38,38a South Buona Vista Road?

Key takeawayThe nearest MRT/LRT is Haw Par Villa MRT, about 616 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Place Of Worship · 8 mAft Lor Sarhad · 21 mChwee Chian Playground · 257 mVista Medical Centre · 393 mPort / Airport · 404 mBusiness Park · 516 mHaw Par Villa MRT Exit A · 609 mNational University Hospital · 1.4 km

Competing premises nearby

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

Pasir Panjang Food Centre · 733 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 38,38a South Buona Vista Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
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.

10

Frequently asked questions about 38,38a South Buona Vista Road

Where is 38,38A South Buona Vista Road?

38,38A South Buona Vista Road is at 38,38A South Buona Vista Road, Singapore 118164, in the Queenstown planning area.

What is 38,38A South Buona Vista Road zoned as?

38,38A South Buona Vista Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 38,38A South Buona Vista Road?

38,38A South Buona Vista Road is freehold.

What have units at 38,38A South Buona Vista Road sold for?

Across 2 recorded transactions, the median price is S$2,948 psf. The latest was in April 2023.

What is the nearest MRT station to 38,38A South Buona Vista Road?

Haw Par Villa MRT is the closest, 616 m away (about a 10-minute walk).

How many businesses are registered at 38,38A South Buona Vista Road?

1 business is 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

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