CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 19 · Hougang

402 Upper Paya Lebar Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2025
Quick Summary

402 Upper Paya Lebar Road is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 3 transactions are on record since 1995, most recently in Mar 2025. ACRA records 0 live company registrations at this address.

1

What are the key facts about 402 Upper Paya Lebar Road?

Key takeaway402 Upper Paya Lebar Road is a commercial building in District 19 · Hougang, zoned COMMERCIAL & RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 19 · Hougang
Address
402 Upper Paya Lebar Road
Land area
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 402 Upper Paya Lebar Road

402 Upper Paya Lebar Road is a commercial property in Hougang (District 19). It is located along Upper Paya Lebar Road, Singapore 534988.

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

The site is freehold.

3 transactions have been recorded here, at a median of S$1,677 psf. The most recent was in March 2025.

The nearest MRT is Bartley MRT, 806 m away (about a 13-minute walk). The closest bus stop (Aft Paya Lebar Cres) is 80 m away (about a 1-minute walk).

3

What is 402 Upper Paya Lebar Road zoned as?

Key takeaway402 Upper Paya Lebar Road sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 402 Upper Paya Lebar Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Mar 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2025Shop HouseS$4.32M1,676 sqft$2,578
Oct 2020Shop HouseS$2.81M1,676 sqft$1,677
Sept 2009Shop HouseS$1.16M1,676 sqft$692

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 402 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 402 Upper Paya Lebar Road?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 806 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 49 mAft Paya Lebar Cres · 80 mDaily Medical Centre · 209 mLorong Ong Lye Park · 269 mEducational Institution · 455 mHotel · 491 mSerangoon MRT Exit D · 640 mBusiness Park · 1.2 km

Competing premises nearby

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

Prime Supermarket (1996) Pte Ltd · 249 mNex · 873 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 402 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 402 Upper Paya Lebar Road

Where is 402 Upper Paya Lebar Road?

402 Upper Paya Lebar Road is at 402 Upper Paya Lebar Road, Singapore 534988, in the Hougang planning area.

What is 402 Upper Paya Lebar Road zoned as?

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

What is the tenure of 402 Upper Paya Lebar Road?

402 Upper Paya Lebar Road is freehold.

What have units at 402 Upper Paya Lebar Road sold for?

Across 3 recorded transactions, the median price is S$1,677 psf. The latest was in March 2025.

What is the nearest MRT station to 402 Upper Paya Lebar Road?

Bartley MRT is the closest, 806 m away (about a 13-minute walk).

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