CommercialFreeholdDistrict 15 · Marine Parade

402 Joo Chiat Road

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2009
Quick Summary

402 Joo Chiat Road is a commercial building in District 15 · Marine Parade. It is freehold. 1 transaction is on record since 1995, most recently in Jul 2009. ACRA records 0 live company registrations at this address.

1

What are the key facts about 402 Joo Chiat Road?

Key takeaway402 Joo Chiat Road is a commercial building in District 15 · Marine Parade, held freehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 15 · Marine Parade
Address
402 Joo Chiat Road
Land area
—
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 402 Joo Chiat Road

402 Joo Chiat Road is a commercial property in Marine Parade (District 15). It is located along Joo Chiat Road, Singapore 427631.

The site is freehold.

1 transaction has been recorded here, at a median of S$1,009 psf. The most recent was in July 2009.

3

What has 402 Joo Chiat Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jul 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2009Shop HouseS$1.38M1,367 sqft$1,009

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.

4

How does Joo Chiat Road price?

Key takeawayAcross 65 strata sales on Joo Chiat Road in the last 5 years, the median is $1,908 psf.
Strata sales on the street (5y)
65
Street median PSF (strata)
$1,908

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

5

What do commercial rents run near 402 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)
$2,892 psf
85 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.

6

How many companies are registered at 402 Joo Chiat 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.

7

Frequently asked questions about 402 Joo Chiat Road

Where is 402 Joo Chiat Road?⌄

402 Joo Chiat Road is at 402 Joo Chiat Road, Singapore 427631, in the Marine Parade planning area.

What is the tenure of 402 Joo Chiat Road?⌄

402 Joo Chiat Road is freehold.

What have units at 402 Joo Chiat Road sold for?⌄

Across 1 recorded transaction, the median price is S$1,009 psf. The latest was in July 2009.

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