CommercialRESIDENTIALDistrict 19 · Serangoon

488 Upper Serangoon Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2010
Quick Summary

488 Upper Serangoon Road is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. 2 transactions are on record since 1995, most recently in Dec 2010. ACRA records 2 live company registrations at this address.

1

What are the key facts about 488 Upper Serangoon Road?

Key takeaway488 Upper Serangoon Road is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 19 · Serangoon
Address
488 Upper Serangoon Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 488 Upper Serangoon Road

488 Upper Serangoon Road is a mixed-use property in Serangoon (District 19). It is located along Upper Serangoon Road, Singapore 534519.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 3.

2 transactions have been recorded here, at a median of S$811 psf. The most recent was in December 2010.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Woodleigh MRT, 628 m away (about a 10-minute walk). The closest bus stop (Aft Sunshine Lodge) is 16 m away (about a 0-minute walk).

3

What is 488 Upper Serangoon Road zoned as?

Key takeaway488 Upper Serangoon Road sits on land zoned RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 488 Upper Serangoon Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Dec 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2010Shop HouseS$1.85M1,522 sqft$1,215
Apr 2004Shop HouseS$620k1,522 sqft$407

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 Upper Serangoon Road price?

Key takeawayAcross 24 strata sales on Upper Serangoon Road in the last 5 years, the median is $2,071 psf.
Strata sales on the street (5y)
24
Street median PSF (strata)
$2,071

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

6

What do commercial rents run near 488 Upper Serangoon 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 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 sales

An INDICATIVE AREA yield for District 19 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 19 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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 488 Upper Serangoon Road?

Key takeawayThe nearest MRT/LRT is Woodleigh MRT, about 628 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Aft Sunshine Lodge · 16 mPlace Of Worship · 33 mEducational Institution · 334 mBidadari Park Hillock · 386 mWoodleigh MRT Exit C · 551 mBraddell Heights Community Club · 770 m

Competing premises nearby

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

Woodleigh Village Hawker Centre · 566 mNex · 672 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 488 Upper Serangoon Road?

Key takeawayACRA records 2 live company registrations at this address, 1 of them in the last three years.
Live registrations
2
Registered last 3 years
1
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 488 Upper Serangoon Road

Where is 488 Upper Serangoon Road?

488 Upper Serangoon Road is at 488 Upper Serangoon Road, Singapore 534519, in the Serangoon planning area.

What is 488 Upper Serangoon Road zoned as?

488 Upper Serangoon Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 3.

What have units at 488 Upper Serangoon Road sold for?

Across 2 recorded transactions, the median price is S$811 psf. The latest was in December 2010.

What is the nearest MRT station to 488 Upper Serangoon Road?

Woodleigh MRT is the closest, 628 m away (about a 10-minute walk).

How many businesses are registered at 488 Upper Serangoon 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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