421 Race Course Road
421 Race Course Road is a commercial building in District 8 · Kallang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 1 transaction is on record since 1995, most recently in Sept 2023. ACRA records 2 live company registrations at this address.
What are the key facts about 421 Race Course Road?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 8 · Kallang
- Address
- 421 Race Course Road
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 2
About 421 Race Course Road
421 Race Course Road is a commercial property in Kallang (District 08). It is located along Race Course Road, Singapore 218668.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.
The site is freehold.
1 transaction has been recorded here, at a median of S$2,934 psf. The most recent was in September 2023.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Boon Keng MRT, 608 m away (about a 10-minute walk). The closest bus stop (Sri Vadapathira K Tp) is 101 m away (about a 2-minute walk).
What is 421 Race Course Road zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
- Conservation area
- Jalan Besar
What has 421 Race Course Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2023 | Retail | S$3.00M | 1,023 sqft | $2,934 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Race Course Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 421 Race Course Road?
Indicative area yield — District 8 retail
An INDICATIVE AREA yield for District 8 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 8 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $92.22 | $107.29 | $134.61 |
| Level 2 & 3 · 30 & Below | $60.38 | $67.06 | $71.17 |
| Level 1 · >30 - 100 | $65.65 | $79.01 | $105.39 |
| Level 2 & 3 · >30 - 100 | $53.41 | $58.43 | $108.12 |
| B1 & Below · >30 - 100 | $185.86 | $205.31 | $205.79 |
| Level 1 · >100 - 300 | $43.81 | $68.53 | $71.93 |
| Level 4 & Above · >100 - 300 | $86.62 | $94.73 | $108.30 |
| B1 & Below · >300 | $50.00 | $59.34 | $62.68 |
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.
What is near 421 Race Course Road?
Getting around
- Boon Keng MRT608 m · ~10 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at 421 Race Course Road?
- Live registrations
- 2
- Registered last 3 years
- 0
- Most common type
- Local Company
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.
Frequently asked questions about 421 Race Course Road
Where is 421 Race Course Road?⌄
421 Race Course Road is at 421 Race Course Road, Singapore 218668, in the Kallang planning area.
What is 421 Race Course Road zoned as?⌄
421 Race Course Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of 421 Race Course Road?⌄
421 Race Course Road is freehold.
Is 421 Race Course Road a conserved property?⌄
Yes. 421 Race Course Road falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at 421 Race Course Road sold for?⌄
Across 1 recorded transaction, the median price is S$2,934 psf. The latest was in September 2023.
What is the nearest MRT station to 421 Race Course Road?⌄
Boon Keng MRT is the closest, 608 m away (about a 10-minute walk).
How many businesses are registered at 421 Race Course Road?⌄
2 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.
The facts are here — now get the verdict on 421 Race Course Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.