CommercialCOMMERCIALConservationFreeholdDistrict 15 · Marine Parade

48,50 Joo Chiat Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2007
Quick Summary

48,50 Joo Chiat Road is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 2 transactions are on record since 1995, most recently in Jun 2007. 2 units are currently listed for sale or rent. ACRA records 2 live company registrations at this address.

1

What are the key facts about 48,50 Joo Chiat Road?

Key takeaway48,50 Joo Chiat Road is a commercial building in District 15 · Marine Parade, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 15 · Marine Parade
Address
48,50 Joo Chiat Road
Land area
Transactions on record
2 (records start 1995)
Live listings
2
ACRA registrations
2
2

About 48,50 Joo Chiat Road

48,50 Joo Chiat Road is a commercial property in Marine Parade (District 15). It is located along Joo Chiat Road, Singapore 427371.

Under the URA Master Plan it sits on land zoned commercial 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.

2 transactions have been recorded here, at a median of S$819 psf. The most recent was in June 2007.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 699 m away (about a 11-minute walk). The closest bus stop (Joo Chiat Cplx) is 167 m away (about a 3-minute walk).

3

What is 48,50 Joo Chiat Road zoned as?

Key takeaway48,50 Joo Chiat Road sits on land zoned COMMERCIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Conservation area
Joo Chiat
Conserved building
Yes

Run the full zoning report for this building →

4

What has 48,50 Joo Chiat Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2007Shop HouseS$2.60M2,686 sqft$968
Aug 2005Shop HouseS$1.80M2,686 sqft$670

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 Joo Chiat Road price?

Key takeawayAcross 67 strata sales on Joo Chiat Road in the last 5 years, the median is $1,883 psf.
Strata sales on the street (5y)
67
Street median PSF (strata)
$1,883

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near 48,50 Joo Chiat 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.

7

What is available at 48,50 Joo Chiat Road right now?

Key takeaway2 units are currently listed at 48,50 Joo Chiat Road1 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Joo Chiat PlaceS$6.80M · 1,500 sqft

For rent (1)

  • 48 Joo Chiat Road, 427371S$7k/mo · 1,000 sqft

Browse every listing at this building →

8

What is near 48,50 Joo Chiat Road?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 699 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 74 mPlace Of Worship · 126 mJoo Chiat Cplx · 167 mWisma Geylang Serai Clinic & Surgery · 179 mGeylang Serai Community Club · 210 mJoo Chiat Terrace Pk · 400 mEducational Institution · 497 mPaya Lebar MRT Exit F · 645 mEunos Polyclinic · 885 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 · 87 mGeylang Serai Market · 188 mKinex · 383 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 48,50 Joo Chiat Road?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
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.

10

Frequently asked questions about 48,50 Joo Chiat Road

Where is 48,50 Joo Chiat Road?

48,50 Joo Chiat Road is at 48,50 Joo Chiat Road, Singapore 427371, in the Marine Parade planning area.

What is 48,50 Joo Chiat Road zoned as?

48,50 Joo Chiat Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 48,50 Joo Chiat Road?

48,50 Joo Chiat Road is freehold.

Is 48,50 Joo Chiat Road a conserved property?

Yes. 48,50 Joo Chiat Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 48,50 Joo Chiat Road sold for?

Across 2 recorded transactions, the median price is S$819 psf. The latest was in June 2007.

What is the nearest MRT station to 48,50 Joo Chiat Road?

Paya Lebar MRT is the closest, 699 m away (about a 11-minute walk).

How many businesses are registered at 48,50 Joo Chiat Road?

2 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.

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