CommercialRESIDENTIALDistrict 19 · Serangoon

523 Serangoon North Avenue 4

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

523 Serangoon North Avenue 4 is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 17 live company registrations at this address.

1

What are the key facts about 523 Serangoon North Avenue 4?

Key takeaway523 Serangoon North Avenue 4 is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 19 · Serangoon
Address
—
Land area
72,667 sqm
Completed
1990 (HDB Property Information)
Storeys
12 (HDB Property Information)
Submarket
Suburban
Transactions on record
None recorded
Live listings
None
ACRA registrations
17

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About 523 Serangoon North Avenue 4

523 Serangoon North Avenue 4 is a mixed-use building in Serangoon (District 19). It is located along Serangoon North Avenue 4, Singapore 550523.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

It occupies roughly 72,667 sqm of land with about 203,468 sqm of gross floor area.

17 businesses are currently registered at this address with ACRA.

The closest bus stop (Blk 530) is 75 m away (about a 1-minute walk). Hougang 1 is 792 m away (about a 12-minute walk).

3

What is 523 Serangoon North Avenue 4 zoned as?

Key takeaway523 Serangoon North Avenue 4 sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What does space at 523 Serangoon North Avenue 4 rent for?

Key takeawayNo street- or building-level rent is published here. Across District 19 retail, retail space rented at a median of $12.67 psf a month in 2026Q3, with the middle half of leases between $9.19 and $20.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 19 retail

Region band · 2026Q3
25th pct
$9.19
$98.95 psm
Median
$12.67
$136.43 psm
75th pct
$20.61
$221.82 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 19 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).

5

Market context around 523 Serangoon North Avenue 4

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Suburban: Rent S$32.95 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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.

6

What's been approved at 523 Serangoon North Avenue 4?

Key takeawayURA's planning decisions at 523 Serangoon North Avenue 4 since 2000 are below. 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.
  1. 19 Feb 2025Approved
    Additions & alterations

    Proposed additions & alterations to existing public housing development, blocks 515 to 530 involving additional of consumer switch rooms, police equipment rooms, electrical substation & demolition of existing electrical substation at serangoon north avenue 4 (electrical load upgrading programme)

  2. 23 Feb 2009Approved
    Additions & alterations

    Extn of wp for the approved a/a to the extg public housing devt, blks 517, 518, 523 & 524 with new lifts / entrance porches at serangoon north contract 10 at serangoon north avenue 4 (lift upgrading programme)

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).

7

What do commercial rents run near 523 Serangoon North Avenue 4?

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

Indicative area yield — District 19 retail

Gross yield (area)
6.9%
6.2% net of property tax
Rent side (median of bands)
$136.43 psm/mo
2026Q3
Price side (strata, 5y)
$2,212 psf
70 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$63.64$104.00$295.24
B1 & Below · 30 & Below$63.48$71.43$209.95
Level 2 & 3 · 30 & Below$54.03$66.41$81.37
B1 & Below · >30 - 100$225.40$251.63$339.38
Level 2 & 3 · >30 - 100$201.18$241.17$307.68
Level 1 · >30 - 100$98.95$138.38$262.23
Level 2 & 3 · >100 - 300$201.65$214.77$221.82
B1 & Below · >100 - 300$196.03$234.00$280.07

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.

8

What is near 523 Serangoon North Avenue 4?

Amenities nearby

Blk 530 · 75 mEducational Institution · 99 mHwi Yoh Community Centre · 130 mPrime Supermarket (1996) Pte Ltd · 179 mThe Family Physician Clinic · 191 mPlace Of Worship · 289 mHougang 1 · 793 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 523 Serangoon North Avenue 4

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Kovan, 1.9 km away. 19 public car parks are within 500 m.
Foot traffic: busier than 24% of retail buildings

no MRT/LRT within 1 km (nearest Kovan, 1.9 km); bus stops within 400 m: 12, about 27,000 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 47,000 residents within 1 km (June 2026); 1 other mall 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.

Bus

12 bus stops within 400 m, with about 27,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 521/530 Serangoon North Avenue 4 (HDB)103 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 390 car lots
  • Blk 537/542 Serangoon North Avenue 4 (HDB)131 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 306 car lots
  • Blk 542A Serangoon North Avenue 4 (HDB)141 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 199 car lots
  • Blk 542A/542 Serangoon North Avenue 4 (HDB)159 m
    no short-term parking · 3 car lots
  • Blk 514/520 Serangoon North Avenue 4 (HDB)189 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 187 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: Brighton Crescent, 1.1 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 523 Serangoon North Avenue 4's own car park, if it has one, and its charges are not in the open data.

10

How many companies are registered at 523 Serangoon North Avenue 4?

Key takeawayACRA records 17 live company registrations at this address, 8 of them in the last three years.
Live registrations
17
Registered last 3 years
8
Most common type
Sole Proprietorship/ Partnership

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.

11

Frequently asked questions about 523 Serangoon North Avenue 4

Where is 523 Serangoon North Avenue 4?⌄

523 Serangoon North Avenue 4 is at Serangoon North Avenue 4, Singapore 550523, in the Serangoon planning area.

What is 523 Serangoon North Avenue 4 zoned as?⌄

523 Serangoon North Avenue 4 sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 523 Serangoon North Avenue 4?⌄

No caveats have been lodged for 523 Serangoon North Avenue 4 in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

How many businesses are registered at 523 Serangoon North Avenue 4?⌄

17 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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