CommercialRESIDENTIALDistrict 19 · Serangoon

409 Serangoon Central

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

409 Serangoon Central is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 0 live company registrations at this address.

1

What are the key facts about 409 Serangoon Central?

Key takeaway409 Serangoon Central is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 19 · Serangoon
Address
—
Land area
62,164 sqm
Completed
1988 (HDB Property Information)
Storeys
13 (HDB Property Information)
Submarket
Suburban
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About 409 Serangoon Central

409 Serangoon Central is a mixed-use building in Serangoon (District 19). It is located along Serangoon Central, Singapore 550409.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

It occupies roughly 62,164 sqm of land with about 174,059 sqm of gross floor area.

8 businesses are currently registered at this address with ACRA.

The nearest MRT is Serangoon MRT, 332 m away (about a 5-minute walk). The closest bus stop (Blk 409) is 25 m away (about a 0-minute walk). Nex is 375 m away (about a 6-minute walk).

3

What is 409 Serangoon Central zoned as?

Key takeaway409 Serangoon Central sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What does space at 409 Serangoon Central rent for?

Key takeawayNo rent is published for 409 Serangoon Central itself. On its street, Serangoon Central, retail space rented at a median of $31.76 psf a month in 2026Q3, with the middle half of leases between $23.24 and $40.40. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Serangoon Central

Street level · 2026Q3
25th pct
$23.24
$250.16 psm
Median
$31.76
$341.82 psm
75th pct
$40.40
$434.86 psm

S$ per sq ft per month · median -10.5% on a year earlier

2023Q4 · $316.10 psm2026Q3 · $341.82 psm median

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 409 Serangoon Central

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.

6

What's been approved at 409 Serangoon Central?

Key takeawayURA's planning decisions at 409 Serangoon Central since 2000 are below. 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. 23 Dec 2003Approved
    Additions & alterations

    Proposed additions of 4 nos. of covered walkway at serangoon central between blk 409 & 414, blk 421 & 427, blk 427 & 426 and blk 425 & blk 8. lorong lew lian

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).

7

What do commercial rents run near 409 Serangoon Central?

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

What is near 409 Serangoon Central?

Key takeawayThe nearest MRT/LRT is Serangoon MRT, about 332 m away.

Getting around

Amenities nearby

Blk 409 · 25 mEducational Institution · 111 mSerangoon MRT Exit A · 157 mDrs Lim & Chan Clinic · 289 mNex · 375 mCold Storage Singapore (1983) Pte Ltd · 375 mUpper Serangoon Park · 398 mPlace Of Worship · 482 mBraddell Heights Community Club · 595 mHotel · 817 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 409 Serangoon Central

Key takeawayThe nearest station is Serangoon (NE12 / CC13), 157 m away — one of the busiest stations, with about 119,000 taps in and out on an average weekday. 10 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 95% of retail buildings

nearest MRT/LRT Serangoon (NE12/CC13) 157 m, about 119,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 13, about 72,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 57,000 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)157 m · about 119,000 weekday taps
  • Bartley (CC12)719 m · about 19,000 weekday taps
  • Woodleigh (NE11)994 m · about 33,000 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 409 Serangoon Central. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 72,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 410A Serangoon Central (HDB)88 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 276 car lots
  • Blk 409/414 Serangoon Central/Avenue 1 (HDB)95 m
    S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 180 car lots
  • Blk 415-420 Lorong Lew Lian (HDB)183 m
    S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 178 car lots
  • Blk 421/427 Serangoon Central/Avenue 1 (HDB)205 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)248 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.

Public car parks only, by straight-line distance, with the operator's published rates. 409 Serangoon Central's own car park, if it has one, and its charges are not in the open data.

10

Who's registered at 409 Serangoon Central?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 409 Serangoon Central as their registered address on its shop floor. These are registered businesses, not who occupies the space.
  • Education
    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. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.

11

Frequently asked questions about 409 Serangoon Central

Where is 409 Serangoon Central?⌄

409 Serangoon Central is at Serangoon Central, Singapore 550409, in the Serangoon planning area.

What is 409 Serangoon Central zoned as?⌄

409 Serangoon Central sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 409 Serangoon Central?⌄

No caveats have been lodged for 409 Serangoon Central in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 409 Serangoon Central?⌄

Serangoon MRT is the closest, 332 m away (about a 5-minute walk).

How many businesses are registered at 409 Serangoon Central?⌄

8 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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