CommercialRESIDENTIALDistrict 3 · Queenstown

54 Commonwealth Drive

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

54 Commonwealth Drive is a commercial building in District 3 · Queenstown, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 4.9. ACRA records 0 live company registrations at this address.

1

What are the key facts about 54 Commonwealth Drive?

Key takeaway54 Commonwealth Drive is a commercial building in District 3 · Queenstown, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
4.9
Tenure
Not on record
District / Area
District 3 · Queenstown
Address
—
Land area
17,486 sqm
Completed
2013 (HDB Property Information)
Storeys
6 (HDB Property Information)
Submarket
City Fringe
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

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 54 Commonwealth Drive

54 Commonwealth Drive is a building in Queenstown (District 03). It is located along Commonwealth Drive, Singapore 142054.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 4.9.

It occupies roughly 17,486 sqm of land with about 85,680 sqm of gross floor area.

The nearest MRT is Commonwealth MRT, 185 m away (about a 3-minute walk). The closest bus stop (Blk 50) is 76 m away (about a 1-minute walk). The Star Vista is 1.1 km away (about a 17-minute walk).

3

What is 54 Commonwealth Drive zoned as?

Key takeaway54 Commonwealth Drive sits on land zoned RESIDENTIAL with a gross plot ratio of 4.9.
Land-use zone
RESIDENTIAL
Gross plot ratio
4.9

Run the full zoning report for this building →

4

What does space at 54 Commonwealth Drive rent for?

Key takeawayNo street- or building-level rent is published here. Across District 3 retail, retail space rented at a median of $10.49 psf a month in 2026Q3, with the middle half of leases between $7.49 and $14.10. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 3 retail

Region band · 2026Q3
25th pct
$7.49
$80.65 psm
Median
$10.49
$112.95 psm
75th pct
$14.10
$151.72 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 3 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 54 Commonwealth Drive

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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 do commercial rents run near 54 Commonwealth Drive?

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

Indicative area yield — District 3 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$112.95 psm/mo
2026Q3
Price side (strata, 5y)
$3,294 psf
38 sales

An INDICATIVE AREA yield for District 3 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 3 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$78.10$94.74$116.67
Level 1 · 30 & Below$73.20$92.12$107.33
Level 1 · >30 - 100$83.20$164.15$200.48
Level 2 & 3 · >30 - 100$58.43$67.44$75.00
Level 1 · >100 - 300$226.54$240.67$264.22
Level 2 & 3 · >100 - 300$83.56$131.15$186.77

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 54 Commonwealth Drive?

Key takeawayThe nearest MRT/LRT is Commonwealth MRT, about 185 m away.

Getting around

Amenities nearby

Blk 50 · 76 mPlace Of Worship · 88 mSheng Siong Supermarket Pte Ltd · 155 mTanglin Halt Market · 162 mMeng's Clinic · 166 mCommonwealth MRT Exit A · 170 mEducational Institution · 286 mBusiness Park · 290 mQueenstown Polyclinic · 587 mQueenstown Community Centre · 601 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at 54 Commonwealth Drive

Key takeawayThe nearest station is Commonwealth (EW20), 170 m away — a moderately busy station, with about 29,000 taps in and out on an average weekday. 12 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 53% of retail buildings

nearest MRT/LRT Commonwealth (EW20) 170 m, about 29,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 23,000 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 35,000 residents within 1 km (June 2026); 0 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

  • Commonwealth (EW20)170 m · about 29,000 weekday taps
  • Buona Vista (EW21 / CC22)833 m · about 64,000 weekday taps
  • one-north (CC23)997 m · about 35,000 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 54 Commonwealth Drive. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 23,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 54 Commonwealth Drive (HDB)1 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 343 car lots
  • Blk 47/49 Tanglin Halt Road (HDB)118 m
    S$0.60 per half-hour at midday on a weekday
  • Blk 88 Tanglin Halt Road (HDB)157 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 480 car lots
  • Blk 64 Commonwealth Drive (HDB)280 m
    S$0.60 per half-hour at midday on a weekday
  • Blk 61/66 Commonwealth Drive (HDB)332 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 95 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. 54 Commonwealth Drive's own car park, if it has one, and its charges are not in the open data.

9

How many companies are registered at 54 Commonwealth Drive?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 54 Commonwealth Drive

Where is 54 Commonwealth Drive?⌄

54 Commonwealth Drive is at Commonwealth Drive, Singapore 142054, in the Queenstown planning area.

What is 54 Commonwealth Drive zoned as?⌄

54 Commonwealth Drive sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 4.9.

Have there been any recorded transactions at 54 Commonwealth Drive?⌄

No caveats have been lodged for 54 Commonwealth Drive 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 54 Commonwealth Drive?⌄

Commonwealth MRT is the closest, 185 m away (about a 3-minute walk).

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