CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYConservationFreeholdDistrict 8 · Kallang

440 Race Course Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2020
Quick Summary

440 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 Feb 2020. ACRA records 3 live company registrations at this address.

1

What are the key facts about 440 Race Course Road?

Key takeaway440 Race Course Road is a commercial building in District 8 · Kallang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
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
440 Race Course Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
3
2

About 440 Race Course Road

440 Race Course Road is a commercial property in Kallang (District 08). It is located along Race Course Road, Singapore 218685.

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$2,475 psf. The most recent was in February 2020.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Boon Keng MRT, 551 m away (about a 9-minute walk). The closest bus stop (Sri Vadapathira K Tp) is 103 m away (about a 2-minute walk).

3

What is 440 Race Course Road zoned as?

Key takeaway440 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
Conserved building
Yes

Run the full zoning report for this building →

4

What has 440 Race Course Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2020Shop HouseS$3.00M1,212 sqft$2,475

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 440 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 440 Race Course Road?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 551 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 36 mStarlight Clinic · 73 mSri Vadapathira K Tp · 103 mKallang Polyclinic · 130 mHotel · 331 mBoon Keng MRT Exit C · 375 mEducational Institution · 395 mSomme Rd Pg · 488 mKallang Community Club · 542 mFarrer Park Hospital · 579 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. · 230 mCity Square Mall · 518 mBlk 29 Bendemeer Road · 669 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 440 Race Course Road?

Key takeawayACRA records 3 live company registrations at this address, 3 of them in the last three years.
Live registrations
3
Registered last 3 years
3
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.

9

Frequently asked questions about 440 Race Course Road

Where is 440 Race Course Road?

440 Race Course Road is at 440 Race Course Road, Singapore 218685, in the Kallang planning area.

What is 440 Race Course Road zoned as?

440 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 440 Race Course Road?

440 Race Course Road is freehold.

Is 440 Race Course Road a conserved property?

Yes. 440 Race Course Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 440 Race Course Road sold for?

Across 1 recorded transaction, the median price is S$2,475 psf. The latest was in February 2020.

What is the nearest MRT station to 440 Race Course Road?

Boon Keng MRT is the closest, 551 m away (about a 9-minute walk).

How many businesses are registered at 440 Race Course Road?

3 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on 440 Race Course Road.

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

PropKaki
Tell me about 440 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