CommercialRESIDENTIALFreeholdDistrict 15 · Geylang

48,48a Onan Road

Reviewed by Nathan TangUpdated 10 August 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.

1

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
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
1
2

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).

3

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 →

4

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.
DateUsePriceAreaPSF
May 2017Shop HouseS$2.70M1,954 sqft$1,382
Jan 2007Shop HouseS$950k1,954 sqft$486
Sept 2005Shop HouseS$820k1,954 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.

5

What do commercial rents run near 48,48a Onan 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 15 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$109.64 psm/mo
2026Q2
Price side (strata, 5y)
$2,890 psf
86 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$60.00$91.67$123.00
B1 & Below · 30 & Below$75.81$109.64$243.47
Level 2 & 3 · 30 & Below$68.24$125.48$215.03
Level 4 & Above · >30 - 100$50.75$55.22$59.76
Level 1 · >30 - 100$89.55$111.66$176.50
Level 2 & 3 · >30 - 100$74.56$115.04$179.95
B1 & Below · >30 - 100$96.86$112.98$285.03
Level 1 · >100 - 300$100.81$136.47$176.70

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

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

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.

7

How many companies are registered at 48,48a Onan Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
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.

8

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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