CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 19 · Hougang

416 Upper Paya Lebar Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2010
Quick Summary

416 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. 2 transactions are on record since 1995, most recently in Mar 2010. ACRA records 1 live company registration at this address.

1

What are the key facts about 416 Upper Paya Lebar Road?

Key takeaway416 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
416 Upper Paya Lebar Road
Land area
—
Completed
Not on record
Storeys
1 (© OpenStreetMap contributors)
Submarket
Suburban
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 416 Upper Paya Lebar Road

416 Upper Paya Lebar Road is a commercial property in Hougang (District 19). It is located along Upper Paya Lebar Road, Singapore 534995.

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

The site is freehold.

2 transactions have been recorded here, at a median of S$482 psf. The most recent was in March 2010.

1 business is currently registered at this address with ACRA.

The nearest MRT is Serangoon MRT, 796 m away (about a 12-minute walk). The closest bus stop (Aft Paya Lebar Cres) is 123 m away (about a 2-minute walk).

3

What is 416 Upper Paya Lebar Road zoned as?

Key takeaway416 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 416 Upper Paya Lebar Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Mar 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2010Shop HouseS$1.00M2,331 sqft$429
Jun 2008Shop HouseS$1.25M2,331 sqft$536

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 416 Upper Paya Lebar Road rent for?

Key takeawayNo rent is published for 416 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 416 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

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.

8

What do commercial rents run near 416 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.

9

What is near 416 Upper Paya Lebar Road?

Key takeawayThe nearest MRT/LRT is Serangoon MRT, about 796 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 62 mAft Paya Lebar Cres · 123 mDaily Medical Centre · 165 mLorong Ong Lye Park · 293 mHotel · 448 mEducational Institution · 464 mSerangoon MRT Exit D · 622 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 · 206 mNex · 850 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 416 Upper Paya Lebar Road

Key takeawayThe nearest station is Serangoon (NE12 / CC13), 622 m away — one of the busiest stations, with about 119,000 taps in and out on an average weekday. 6 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.
Foot traffic: busier than 37% of retail buildings

nearest MRT/LRT Serangoon (NE12/CC13) 622 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 54,000 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)622 m · about 119,000 weekday taps
  • Bartley (CC12)743 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 416 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)190 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)270 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)374 m
    S$0.60 per half-hour at midday on a weekday · 11 car lots
  • Blk 421/427 Serangoon Central/Avenue 1 (HDB)449 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)458 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. 416 Upper Paya Lebar Road's own car park, if it has one, and its charges are not in the open data.

11

Who's registered at 416 Upper Paya Lebar Road?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 416 Upper Paya Lebar Road as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    1

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. ACRA, as of 2026-09-16.

12

Frequently asked questions about 416 Upper Paya Lebar Road

Where is 416 Upper Paya Lebar Road?⌄

416 Upper Paya Lebar Road is at 416 Upper Paya Lebar Road, Singapore 534995, in the Hougang planning area.

What is 416 Upper Paya Lebar Road zoned as?⌄

416 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 416 Upper Paya Lebar Road?⌄

416 Upper Paya Lebar Road is freehold.

What have units at 416 Upper Paya Lebar Road sold for?⌄

Across 2 recorded transactions, the median price is S$482 psf. The latest was in March 2010.

What is the nearest MRT station to 416 Upper Paya Lebar Road?⌄

Serangoon MRT is the closest, 796 m away (about a 12-minute walk).

How many businesses are registered at 416 Upper Paya Lebar 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.

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