423 Serangoon Central
423 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 1 live company registration at this address.
What are the key facts about 423 Serangoon Central?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
- Tenure
- Not on record
- District / Area
- District 19 · Serangoon
- Address
- —
- Land area
- 31,425 sqm
- Completed
- 1988 (HDB Property Information)
- Storeys
- 13 (HDB Property Information)
- Submarket
- Suburban
- Transactions on record
- None recorded
- Live listings
- None
- ACRA registrations
- 1
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.
About 423 Serangoon Central
423 Serangoon Central is a mixed-use building in Serangoon (District 19). It is located along Serangoon Central, Singapore 550423.
Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.
It occupies roughly 31,425 sqm of land with about 172,146 sqm of gross floor area.
6 businesses are currently registered at this address with ACRA.
The nearest MRT is Serangoon MRT, 394 m away (about a 6-minute walk). The closest bus stop (Blk 421) is 85 m away (about a 1-minute walk). Nex is 445 m away (about a 7-minute walk).
What is 423 Serangoon Central zoned as?
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
What does space at 423 Serangoon Central rent for?
Retail space on Serangoon Central
Street level · 2026Q3S$ per sq ft per month · median -10.5% on a year earlier
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 · 2026Q3S$ 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).
Market context around 423 Serangoon Central
- Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft
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.
What's been approved at 423 Serangoon Central?
- 4 Nov 2013ApprovedAdditions & alterations
Proposed neighbourhood renewal programme (nrp) to existing public housing - precinct c&d on lots 08989l, 06907c, 06908m(pt)sl, 06888t sl & 09991k (pt)sl mk-24, at blocks 415 to 427 serangoon avenue 1 / serangoon central for marine parade town council (serangoon planning area)
- 8 Dec 2009ApprovedAdditions & alterations
Proposed additions of covered linkways from existing hdb blocks 421 to 423 and 423 to 424 on lot 06907c pt mk 24 at serangoon central for m/s marine parade town council
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$54.50 per unit).
What do commercial rents run near 423 Serangoon Central?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th 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.
What is near 423 Serangoon Central?
Getting around
- Serangoon MRT394 m · ~6 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 423 Serangoon Central
nearest MRT/LRT Serangoon (NE12/CC13) 211 m, about 119,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 13, about 57,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 58,000 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)211 m · about 119,000 weekday taps
- Bartley (CC12)667 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 423 Serangoon Central. Transfers between lines don't tap, so interchanges read low.
Bus
13 bus stops within 400 m, with about 57,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 421/427 Serangoon Central/Avenue 1 (HDB)74 mS$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 380 car lots
- Blk 415-420 Lorong Lew Lian (HDB)115 mS$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 178 car lots
- Blk 2A Lorong Lew Lian (HDB)158 mS$0.60 per half-hour at midday on a weekday · gantry 2 m · 333 car lots
- Blk 409/414 Serangoon Central/Avenue 1 (HDB)169 mS$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 180 car lots
- Blk 410A Serangoon Central (HDB)221 mS$0.60 per half-hour at midday on a weekday · gantry 2 m · 276 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Lim Tua Tow Area, 576 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. 423 Serangoon Central's own car park, if it has one, and its charges are not in the open data.
Who's registered at 423 Serangoon Central?
- Education1
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.
Frequently asked questions about 423 Serangoon Central
Where is 423 Serangoon Central?⌄
423 Serangoon Central is at Serangoon Central, Singapore 550423, in the Serangoon planning area.
What is 423 Serangoon Central zoned as?⌄
423 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 423 Serangoon Central?⌄
No caveats have been lodged for 423 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 423 Serangoon Central?⌄
Serangoon MRT is the closest, 394 m away (about a 6-minute walk).
How many businesses are registered at 423 Serangoon Central?⌄
6 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 423 Serangoon Central.
Ask what a unit here would fetch, what the zone allows, or how it compares.
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