CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYConservationDistrict 8 · Rochor

437 Race Course Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2019
Quick Summary

437 Race Course Road is a commercial building in District 8 · Rochor, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. 2 transactions are on record since 1995, most recently in Sept 2019. ACRA records 1 live company registration at this address.

1

What are the key facts about 437 Race Course Road?

Key takeaway437 Race Course Road is a commercial building in District 8 · Rochor, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 8 · Rochor
Address
437 Race Course Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 437 Race Course Road

437 Race Course Road is a commercial property in Rochor (District 08). It is located along Race Course Road, Singapore 218683.

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.

2 transactions have been recorded here, at a median of S$1,682 psf. The most recent was in September 2019.

1 business is currently registered at this address with ACRA.

The nearest MRT is Boon Keng MRT, 562 m away (about a 9-minute walk). The closest bus stop (Sri Vadapathira K Tp) is 124 m away (about a 2-minute walk).

3

What is 437 Race Course Road zoned as?

Key takeaway437 Race Course Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0, with conservation status.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Conservation area
Jalan Besar

Run the full zoning report for this building →

4

What has 437 Race Course Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Sept 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2019Shop HouseS$3.68M1,540 sqft$2,389
Feb 1998Shop HouseS$1.50M1,540 sqft$974

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.

5

How does Race Course Road price?

Strata sales on the street (5y)
2

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.

6

What do commercial rents run near 437 Race Course 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 8 retail

Gross yield (area)
3.0%
2.7% net of property tax
Rent side (median of bands)
$73.77 psm/mo
2026Q2
Price side (strata, 5y)
$2,744 psf
57 sales

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 band25th pctMedian75th 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.

7

What is near 437 Race Course Road?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 562 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 65 mStarlight Clinic · 94 mSri Vadapathira K Tp · 124 mKallang Polyclinic · 140 mEducational Institution · 354 mHotel · 369 mBoon Keng MRT Exit C · 391 mKallang Community Club · 564 mFarrer Park Hospital · 567 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Amista International Pte. Ltd. · 229 mCity Square Mall · 532 mBlk 29 Bendemeer Road · 686 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 437 Race Course Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Sole Proprietorship/ Partnership

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.

9

Frequently asked questions about 437 Race Course Road

Where is 437 Race Course Road?

437 Race Course Road is at 437 Race Course Road, Singapore 218683, in the Rochor planning area.

What is 437 Race Course Road zoned as?

437 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.

Is 437 Race Course Road a conserved property?

Yes. 437 Race Course Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 437 Race Course Road sold for?

Across 2 recorded transactions, the median price is S$1,682 psf. The latest was in September 2019.

What is the nearest MRT station to 437 Race Course Road?

Boon Keng MRT is the closest, 562 m away (about a 9-minute walk).

How many businesses are registered at 437 Race Course 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on 437 Race Course Road.

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

PropKaki
Tell me about 437 Race Course 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