CommercialRESIDENTIALFreeholdDistrict 15 · Geylang

48,48a Onan Road

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2017

Quick Summary

48,48a Onan Road is a commercial building in District 15 · Geylang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.4. It is freehold. 3 transactions are on record since 1995, most recently in May 2017. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on 48,48a Onan Road.

Ask PropKaki

What are the key facts about 48,48a Onan Road?

Key takeaway48,48a Onan Road is a commercial building in District 15 · Geylang, zoned RESIDENTIAL, held freehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 1.4
Tenure: Freehold
District / Area: District 15 · Geylang
Address: 48,48a Onan Road
Land area: —
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Transactions on record: 3 (records start 1995)
Live listings: None
ACRA registrations: 1

About 48,48a Onan Road

48,48A Onan Road is a mixed-use property in Geylang (District 15). It is located along Onan Road, Singapore 424494.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 1.4.

The site is freehold.

3 transactions have been recorded here, at a median of S$486 psf. The most recent was in May 2017.

1 business is currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 649 m away (about a 10-minute walk). The closest bus stop (Joo Chiat Cplx) is 231 m away (about a 4-minute walk).

What is 48,48a Onan Road zoned as?

Key takeaway48,48a Onan Road sits on land zoned RESIDENTIAL with a gross plot ratio of 1.4.

Land-use zone: RESIDENTIAL
Gross plot ratio: 1.4

Run the full zoning report for this building →

What has 48,48a Onan Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in May 2017 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
May 2017	Shop House	S$2.70M	1,954 sqft	$1,382
Jan 2007	Shop House	S$950k	1,954 sqft	$486
Sept 2005	Shop House	S$820k	1,954 sqft	$420

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. sqm ↔ sq ft converter

What does space at 48,48a Onan Road rent for?

Key takeawayNo street- or building-level rent is published here. Across District 15 retail, retail space rented at a median of $9.14 psf a month in 2026Q3, with the middle half of leases between $7.55 and $14.01. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 15 retail

Region band · 2026Q3

25th pct

$7.55

$81.29 psm

Median

$9.14

$98.41 psm

75th pct

$14.01

$150.81 psm

S$ 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 15 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 48,48a Onan Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

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 48,48a Onan Road?

Key takeawayURA has approved 1 change of use at 48,48a Onan Road since 2000, most recently in 2008. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

27 Aug 2012Approved
Additions & alterations
1st extension of written permission for proposed retention works at 3rd storey and addition and alteration to the existing 3-storey shophouse
21 Dec 2010Approved
Additions & alterations
Regularisation of gfa and proposed amendment to approved retention works at 3rd storey and additions and alterations to the existing 3-storey shophouse
30 Jun 2010Approved
Additions & alterations
Proposed retention works at 3rd storey and additions and alterations to the existing 3-storey shophouse
1 Aug 2008Approved
Change of use to mini-market
Change of use of the 1st storey shop to mini-market

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 48,48a Onan Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 15 retail

Gross yield (area)

3.7%

3.3% net of property tax

Rent side (median of bands)

$98.41 psm/mo

2026Q3

Price side (strata, 5y)

$2,956 psf

85 sales

An INDICATIVE AREA yield for District 15 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 15 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$121.08	$139.73	$241.82
Level 1 · 30 & Below	$69.23	$85.38	$86.21
Level 2 & 3 · 30 & Below	$47.87	$67.50	$87.18
Level 1 · >30 - 100	$73.94	$87.91	$101.01
Level 2 & 3 · >30 - 100	$57.08	$76.47	$184.13
B1 & Below · >30 - 100	$88.64	$163.41	$259.82
Level 2 & 3 · >100 - 300	$93.30	$107.29	$126.41
Level 1 · >100 - 300	$69.67	$89.53	$113.56

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 48,48a Onan Road?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 649 m away — and 3 competing retail premisess operate nearby.

Getting around

Paya Lebar MRT649 m · ~10 min

Amenities nearby

Hotel · 65 mPlace Of Worship · 125 mBright View Clinic & Surgery · 187 mGeylang Serai Community Club · 203 mJoo Chiat Cplx · 231 mCarpmael Park · 396 mEducational Institution · 535 mPaya Lebar MRT Exit F · 591 mEunos Polyclinic · 958 mParkway East Hospital · 1.2 km

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 160 mBlks 13/14 Haig Road · 221 mKinex · 313 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 48,48a Onan Road

Key takeawayThe nearest station is Paya Lebar (EW8 / CC9), 591 m away — one of the busiest stations, with about 95,000 taps in and out on an average weekday. 25 public car parks are within 500 m.

Foot traffic: busier than 46% of retail buildings

nearest MRT/LRT Paya Lebar (EW8/CC9) 591 m, about 95,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 6, about 20,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 39,000 residents within 1 km (June 2026); 4 other malls 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

Paya Lebar (EW8 / CC9)591 m · about 95,000 weekday taps
Eunos (EW7)773 m · about 31,000 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 48,48a Onan Road. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Service Rd (Onan Rd) (URA)100 m
S$0.60 per half-hour at midday on a weekday · 2 car lots
Blk 2 Joo Chiat Road (HDB)127 m
no short-term parking · 2 car lots
Onan Rd - Joo Chiat Rd Off St (URA)130 m
S$0.60 per half-hour at midday on a weekday · 20 car lots
Blk 2 Joo Chiat Road (HDB)154 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 220 car lots
Blk 7 To 9 Haig Road (HDB)156 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 207 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: Tanjong Katong Rd Off St, 898 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 48,48a Onan Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 48,48a Onan Road?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 48,48a Onan Road as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1

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. ACRA, as of 2026-09-16.

Frequently asked questions about 48,48a Onan Road

Where is 48,48A Onan Road?⌄

48,48A Onan Road is at 48,48A Onan Road, Singapore 424494, in the Geylang planning area.

What is 48,48A Onan Road zoned as?⌄

48,48A Onan Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 1.4.

What is the tenure of 48,48A Onan Road?⌄

48,48A Onan Road is freehold.

What have units at 48,48A Onan Road sold for?⌄

Across 3 recorded transactions, the median price is S$486 psf. The latest was in May 2017.

What is the nearest MRT station to 48,48A Onan Road?⌄

Paya Lebar MRT is the closest, 649 m away (about a 10-minute walk).

How many businesses are registered at 48,48A Onan 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.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.