CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 19 · Hougang

402 Upper Paya Lebar Road

Reviewed by Nathan TangUpdated 8 November 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
—
Completed
Not on record
Storeys
1 (© OpenStreetMap contributors)
Submarket
Suburban
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. sqm ↔ sq ft converter

5

What does space at 402 Upper Paya Lebar Road rent for?

Key takeawayNo rent is published for 402 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).

6

Market context around 402 Upper Paya Lebar Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Suburban: Rent S$32.95 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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.

7

What's been approved at 402 Upper Paya Lebar Road?

Key takeawayURA has approved 1 change of use at 402 Upper Paya Lebar Road since 2000, most recently in 2024. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 28 Mar 2024Approved
    Change of use to commercial school

    Proposed change of use of 1st storey premises to commercial school

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

8

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.

9

What do commercial rents run near 402 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.

10

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.

11

Getting there and parking at 402 Upper Paya Lebar Road

Key takeawayThe nearest station is Serangoon (NE12 / CC13), 640 m away — one of the busiest stations, with about 119,000 taps in and out on an average weekday. 5 public car parks are within 500 m.
Foot traffic: busier than 36% of retail buildings

nearest MRT/LRT Serangoon (NE12/CC13) 640 m, about 119,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 14,000 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 53,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

  • Serangoon (NE12 / CC13)640 m · about 119,000 weekday taps
  • Bartley (CC12)707 m · about 19,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 402 Upper Paya Lebar Road. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 159A Hougang Street 11 (HDB)233 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 270 car lots
  • Blk 154-157 Hougang Street 11 (HDB)306 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 116 car lots
  • Upp Paya Lebar Rd Serv Ice Rd (URA)332 m
    S$0.60 per half-hour at midday on a weekday · 11 car lots
  • Blk 421/427 Serangoon Central/Avenue 1 (HDB)451 m
    S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 380 car lots
  • Blk 2A Lorong Lew Lian (HDB)476 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 333 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Lim Tua Tow Area, 532 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. 402 Upper Paya Lebar Road's own car park, if it has one, and its charges are not in the open data.

12

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.

13

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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