CommercialRESIDENTIALDistrict 18 · Pasir Ris

534 Pasir Ris Drive 1

Reviewed by Nathan TangUpdated 9 November 2026

Quick Summary

534 Pasir Ris Drive 1 is a commercial building in District 18 · Pasir Ris, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 4 live company registrations at this address.

The facts are here — now get the verdict on 534 Pasir Ris Drive 1.

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What are the key facts about 534 Pasir Ris Drive 1?

Key takeaway534 Pasir Ris Drive 1 is a commercial building in District 18 · Pasir Ris, zoned RESIDENTIAL.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.8
Tenure: Not on record
District / Area: District 18 · Pasir Ris
Address: —
Land area: 21,463 sqm
Completed: 1992 (HDB Property Information)
Storeys: 13 (HDB Property Information)
Submarket: Suburban
Transactions on record: None recorded
Live listings: None
ACRA registrations: 4

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.

About 534 Pasir Ris Drive 1

534 Pasir Ris Drive 1 is a building in Pasir Ris (District 18). It is located along Pasir Ris Drive 1, Singapore 510534.

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

It occupies roughly 21,463 sqm of land with about 60,096 sqm of gross floor area.

4 businesses are currently registered at this address with ACRA.

The nearest MRT is Pasir Ris MRT Exit A, 321 m away (about a 5-minute walk). The closest bus stop (Blk 541) is 116 m away (about a 2-minute walk). White Sands is 261 m away (about a 4-minute walk).

What is 534 Pasir Ris Drive 1 zoned as?

Key takeaway534 Pasir Ris Drive 1 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 →

What does space at 534 Pasir Ris Drive 1 rent for?

Key takeawayNo street- or building-level rent is published here. Across District 18 retail, retail space rented at a median of $18.35 psf a month in 2026Q3, with the middle half of leases between $15.60 and $25.03. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 18 retail

Region band · 2026Q3

25th pct

$15.60

$167.95 psm

Median

$18.35

$197.55 psm

75th pct

$25.03

$269.47 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 18 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).

Market context around 534 Pasir Ris Drive 1

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.

What's been approved at 534 Pasir Ris Drive 1?

Key takeawayURA's planning decisions at 534 Pasir Ris Drive 1 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.

24 Jun 2026Approved
Additions & alterations
Proposed electrical upgrading project to the existing public housing involving erection of 3 nos. of electrical sub-stations and switch rooms at blocks 531 to 562 and 564 to 569 pasir ris drive 1 mk 29 lots 01185t, 02722a, 01182w, 01187k, 01223w, 01597w, 01395a, 01690v, 01337l, 01692t, 02219l, 01217l, 01591k and mk 31 lot 02332x
15 Jul 2022Agency works
Additions & alterations
Proposed conversion of existing 1st storey void deck into new community centre for people's association on lot 01185t mk29 at block 534 pasir ris drive 1 singapore 510534, block 535 pasir ris drive 1 singapore 510535 and block 536 pasir ris drive 1 singapore 510536 (pasir ris planning area)
10 Jun 2021Approved
Additions & alterations
Proposed electrical upgrading project to the existing public housing involving erection of 4 nos. of electrical sub-stations and switch rooms at blocks 532 to 562 and 564 to 569 pasir ris drive 1 mk 29 lots 01185t, 02722a, 01182w, 01187k, 01223w, 01597w, 01395a, 01690v, 01337l, 01692t, 02219l, 01217l, 01591k and mk 31 lot 02332x
6 Jan 2021Approved
Additions & alterations
Proposed amendment to approved nrp to the existing public housing involving erection of new drop-off porches, covered linkways, pavilions and improvements to existing senior citizen corner and park facilities at blocks 531 to 562 and 564 to 569 pasir ris dr
2 Oct 2019Approved
Additions & alterations
Proposed nrp to the existing public housing involving erection of new drop-off porches, covered linkways, pavilions and improvements to existing senior citizen corner and park facilities at blocks 531 to 562 and 564 to 569 pasir ris dr 1 mk 29 lots 01185t, 02722a, 01182w, 01187k, 01223w, 01597w, 01395a, 01690v, 01337l, 01692t, 02219l, 01217l, 01591k & mk 31 lot 02332x

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).

What do commercial rents run near 534 Pasir Ris Drive 1?

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

Retail rents — District 18 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$288.17	$334.04	$372.08
B1 & Below · 30 & Below	$402.91	$419.52	$444.18
Level 1 · 30 & Below	$338.80	$476.56	$507.11
Level 2 & 3 · >30 - 100	$160.23	$185.71	$256.74
B1 & Below · >30 - 100	$242.12	$313.16	$407.37
Level 4 & Above · >30 - 100	$246.24	$280.87	$292.97
Level 1 · >30 - 100	$145.32	$182.85	$282.19
Level 1 · >100 - 300	$150.78	$175.58	$214.75

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.

What is near 534 Pasir Ris Drive 1?

Amenities nearby

Blk 541 · 116 mEducational Institution · 144 mPasir Ris Town Pk · 225 mNTUC Fairprice Co-operative Ltd · 261 mRafflesMedical (White Sands) · 261 mWhite Sands · 261 mPasir Ris MRT Exit A · 321 mPasir Ris Central Hawker Centre · 352 mPasir Ris Polyclinic · 456 mPlace Of Worship · 701 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 534 Pasir Ris Drive 1

Key takeawayThe nearest station is Pasir Ris (EW1), 320 m away — a busy station, with about 63,000 taps in and out on an average weekday. 11 public car parks are within 500 m.

Foot traffic: busier than 51% of retail buildings

nearest MRT/LRT Pasir Ris (EW1) 320 m, about 63,000 taps a weekday; bus stops within 400 m: 12, about 27,000 taps a weekday; Pasir Ris: 23,751 resident workers (Census 2020, by workplace); about 69,000 residents within 1 km (June 2026); 2 other malls 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.

Stations within 1 km

Pasir Ris (EW1)320 m · about 63,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 534 Pasir Ris Drive 1. Transfers between lines don't tap, so interchanges read low.

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 531/536 Pasir Ris Drive 1/Pasir Ris Central (HDB)76 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 384 car lots
Blk 537-543, 564-569 Pasir Ris Street 51 (HDB)171 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 365 car lots
Blk 530 Pasir Ris Drive 1 (HDB)183 m
no short-term parking · gantry 2.15 m · 428 car lots
Blk 564A Pasir Ris Street 51 (HDB)242 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 382 car lots
Blk 555A Pasir Ris Street 51 (HDB)253 m
S$0.60 per half-hour at midday on a weekday · gantry 2 m · 355 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: Pasir Ris Park Car Par K E Off St, 1.8 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 534 Pasir Ris Drive 1's own car park, if it has one, and its charges are not in the open data.

How many companies are registered at 534 Pasir Ris Drive 1?

Key takeawayACRA records 4 live company registrations at this address, 1 of them in the last three years.

Live registrations: 4
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.

Frequently asked questions about 534 Pasir Ris Drive 1

Where is 534 Pasir Ris Drive 1?⌄

534 Pasir Ris Drive 1 is at Pasir Ris Drive 1, Singapore 510534, in the Pasir Ris planning area.

What is 534 Pasir Ris Drive 1 zoned as?⌄

534 Pasir Ris Drive 1 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 534 Pasir Ris Drive 1?⌄

No caveats have been lodged for 534 Pasir Ris Drive 1 in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 534 Pasir Ris Drive 1?⌄

Pasir Ris MRT Exit A is the closest, 321 m away (about a 5-minute walk).

How many businesses are registered at 534 Pasir Ris Drive 1?⌄

4 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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Read the figures right

Completion year: the year HDB records the block as completed (HDB Property Information).

Storeys: the block's highest floor level as HDB records it.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from HDB Property Information, PropKaki's submarket map, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 9 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.