CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 14 · Geylang

498 Changi Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2001
Quick Summary

498 Changi Road is a commercial building in District 14 · Geylang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 1.4. 1 transaction is on record since 1995, most recently in Jun 2001. ACRA records 1 live company registration at this address.

1

What are the key facts about 498 Changi Road?

Key takeaway498 Changi Road is a commercial building in District 14 · Geylang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
1.4
Tenure
Not on record
District / Area
District 14 · Geylang
Address
498 Changi Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 498 Changi Road

498 Changi Road is a commercial property in Geylang (District 14). It is located along Changi Road, Singapore 419903.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 1.4.

1 transaction has been recorded here, at a median of S$669 psf. The most recent was in June 2001.

1 business is currently registered at this address with ACRA.

The nearest MRT is Kembangan MRT, 233 m away (about a 4-minute walk). The closest bus stop (Bef Frankel Terr) is 83 m away (about a 1-minute walk).

3

What is 498 Changi Road zoned as?

Key takeaway498 Changi Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 1.4.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 498 Changi Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2001 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2001Shop HouseS$605k904 sqft$669

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 Changi Road price?

Key takeawayAcross 81 strata sales on Changi Road in the last 5 years, the median is $2,027 psf.
Strata sales on the street (5y)
81
Street median PSF (strata)
$2,027

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

6

What do commercial rents run near 498 Changi 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 14 retail

Gross yield (area)
4.4%
3.9% net of property tax
Rent side (median of bands)
$96.97 psm/mo
2026Q2
Price side (strata, 5y)
$2,475 psf
113 sales

An INDICATIVE AREA yield for District 14 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 14 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$82.14$95.00$145.45
B1 & Below · 30 & Below$41.18$58.82$72.93
Level 2 & 3 · 30 & Below$59.62$65.22$74.50
Level 1 · >30 - 100$65.33$78.20$116.05
Level 2 & 3 · >30 - 100$54.07$96.97$174.25
Level 4 & Above · >30 - 100$114.92$138.10$233.82
B1 & Below · >30 - 100$159.63$224.93$312.51
Level 1 · >100 - 300$69.58$102.84$157.15

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 498 Changi Road?

Key takeawayThe nearest MRT/LRT is Kembangan MRT, about 233 m away.

Getting around

Amenities nearby

Place Of Worship · 82 mBef Frankel Terr · 83 mJinmin Clinic · 194 mKembangan MRT Exit A · 222 mHotel · 247 mEducational Institution · 303 mTelok Kurau Pk · 431 mKampong Kembangan Community Club · 460 mBusiness Park · 699 mParkway East Hospital · 743 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 498 Changi Road?

Key takeawayACRA records 1 live company registration at this address, 1 of them in the last three years.
Live registrations
1
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 498 Changi Road

Where is 498 Changi Road?

498 Changi Road is at 498 Changi Road, Singapore 419903, in the Geylang planning area.

What is 498 Changi Road zoned as?

498 Changi Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 1.4.

What have units at 498 Changi Road sold for?

Across 1 recorded transaction, the median price is S$669 psf. The latest was in June 2001.

What is the nearest MRT station to 498 Changi Road?

Kembangan MRT is the closest, 233 m away (about a 4-minute walk).

How many businesses are registered at 498 Changi 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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