CommercialDistrict 5 · Queenstown

428-432 Pasir Panjang Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2001
Quick Summary

428-432 Pasir Panjang Road is a commercial building in District 5 · Queenstown. 1 transaction is on record since 1995, most recently in Apr 2001. ACRA records 0 live company registrations at this address.

1

What are the key facts about 428-432 Pasir Panjang Road?

Key takeaway428-432 Pasir Panjang Road is a commercial building in District 5 · Queenstown.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
Tenure
Not on record
District / Area
District 5 · Queenstown
Address
428-432 Pasir Panjang Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 428-432 Pasir Panjang Road

428-432 Pasir Panjang Road is a commercial property in Queenstown (District 05). It is located along Pasir Panjang Road.

1 transaction has been recorded here, at a median of S$578 psf. The most recent was in April 2001.

3

What has 428-432 Pasir Panjang Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2001 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2001Shop HouseS$2.96M5,123 sqft$578

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.

4

How does Pasir Panjang Road price?

Strata sales on the street (5y)
9

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.

5

What do commercial rents run near 428-432 Pasir Panjang Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 5 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$85.48 psm/mo
2026Q2
Price side (strata, 5y)
$2,256 psf
33 sales

An INDICATIVE AREA yield for District 5 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 5 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$75.50$78.57$94.64
B1 & Below · 30 & Below$49.40$56.25$167.56
Level 1 · >30 - 100$65.08$80.89$95.59
Level 2 & 3 · >30 - 100$107.16$142.68$238.92
B1 & Below · >30 - 100$136.41$266.41$413.89
Level 4 & Above · >30 - 100$245.10$253.31$294.36
Level 2 & 3 · >100 - 300$57.26$74.59$120.64
Level 1 · >100 - 300$75.28$85.48$131.66

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.

6

How many companies are registered at 428-432 Pasir Panjang 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.

7

Frequently asked questions about 428-432 Pasir Panjang Road

Where is 428-432 Pasir Panjang Road?

428-432 Pasir Panjang Road is at 428-432 Pasir Panjang Road, in the Queenstown planning area.

What have units at 428-432 Pasir Panjang Road sold for?

Across 1 recorded transaction, the median price is S$578 psf. The latest was in April 2001.

For agents · in the PropKaki app

The facts are here — now get the verdict on 428-432 Pasir Panjang Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 428-432 Pasir Panjang Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp