CommercialCOMMERCIALDistrict 15 · Marine Parade

56 Marine Terrace

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

56 Marine Terrace is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL under the URA Master Plan. ACRA records 2 live company registrations at this address.

The facts are here — now get the verdict on 56 Marine Terrace.

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What are the key facts about 56 Marine Terrace?

Key takeaway56 Marine Terrace is a commercial building in District 15 · Marine Parade, zoned COMMERCIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 15 · Marine Parade
Address: —
Land area: 854 sqm
Completed: 1975 (HDB Property Information)
Storeys: 2 (HDB Property Information)
Submarket: City Fringe
Transactions on record: None recorded
Live listings: None
ACRA registrations: 2

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 56 Marine Terrace

56 Marine Terrace is a commercial building in Marine Parade (District 15). It is located along Marine Terrace, Singapore 440056.

Under the URA Master Plan it sits on land zoned commercial.

It occupies roughly 854 sqm of land with about 153 sqm of gross floor area.

9 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Terrace MRT, 122 m away (about a 2-minute walk). The closest bus stop (Blk 19) is 86 m away (about a 1-minute walk). i12 Katong is 1.1 km away (about a 18-minute walk).

What is 56 Marine Terrace zoned as?

Key takeaway56 Marine Terrace sits on land zoned COMMERCIAL.

Land-use zone: COMMERCIAL
Gross plot ratio: Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

What does space at 56 Marine Terrace rent for?

Key takeawayNo street- or building-level rent is published here. Across District 15 retail, retail space rented at a median of $9.14 psf a month in 2026Q3, with the middle half of leases between $7.55 and $14.01. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 15 retail

Region band · 2026Q3

25th pct

$7.55

$81.29 psm

Median

$9.14

$98.41 psm

75th pct

$14.01

$150.81 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 15 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 56 Marine Terrace

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.

What's been approved at 56 Marine Terrace?

Key takeawayURA's planning decisions at 56 Marine Terrace 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.

2 Apr 2026Approved
Additions & alterations
Proposed development of 2 family gathering spaces at marine terrace
24 Oct 2007Approved
Additions & alterations
Proposed a & a to existing public housing development blks 51 to 59 with covered linkways, drop-off porches,ess & general landscaping works at marine parade estate c1(pt),5(pt),6(pt),c7 & c9 at marine terrace (main upgrading programme)
30 Sept 2005Approved
Additions & alterations
Proposed a & a to existing public housing development blks 51 to 59 with covered linkways� drop-off porches�ess & general landscaping works at marine parade estate c1(pt)�5(pt)�6(pt)�c7 & c9 at marine terrace (main 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).

What do commercial rents run near 56 Marine Terrace?

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

Indicative area yield — District 15 retail

Gross yield (area)

3.7%

3.3% net of property tax

Rent side (median of bands)

$98.41 psm/mo

2026Q3

Price side (strata, 5y)

$2,956 psf

85 sales

An INDICATIVE AREA yield for District 15 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 15 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$121.08	$139.73	$241.82
Level 1 · 30 & Below	$69.23	$85.38	$86.21
Level 2 & 3 · 30 & Below	$47.87	$67.50	$87.18
Level 1 · >30 - 100	$73.94	$87.91	$101.01
Level 2 & 3 · >30 - 100	$57.08	$76.47	$184.13
B1 & Below · >30 - 100	$88.64	$163.41	$259.82
Level 2 & 3 · >100 - 300	$93.30	$107.29	$126.41
Level 1 · >100 - 300	$69.67	$89.53	$113.56

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 56 Marine Terrace?

Key takeawayThe nearest MRT/LRT is Marine Terrace MRT, about 122 m away.

Getting around

Marine Terrace MRT122 m · ~2 min

Amenities nearby

Cold Storage Singapore (1983) Pte Ltd · 0 mBlk 50A Marine Terrace · 42 mBlk 19 · 87 mMarine Terrace MRT Exit 1 · 95 mFaith Family Clinic · 99 mEducational Institution · 184 mPlace Of Worship · 487 mMarine Parade Community Club · 650 mMarine Parade Polyclinic · 917 mi12 Katong · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 56 Marine Terrace

Key takeawayThe nearest station is Marine Terrace (TE27), 95 m away — a quiet station, with about 13,000 taps in and out on an average weekday. 11 public car parks are within 500 m.

Foot traffic: busier than 20% of retail buildings

nearest MRT/LRT Marine Terrace (TE27) 95 m, about 13,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 10, about 16,000 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 27,000 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

Marine Terrace (TE27)95 m · about 13,000 weekday taps
Marine Parade (TE26)699 m · about 23,000 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 56 Marine Terrace. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 54/55/56/58/59 Marine Terrace (HDB)76 m
S$0.60 per half-hour at midday on a weekday · 212 car lots
Blk 52/57 Marine Terrace (HDB)104 m
S$0.60 per half-hour at midday on a weekday · 162 car lots
Blk 50/50A/53 Marine Terrace (HDB)112 m
S$0.60 per half-hour at midday on a weekday · 76 car lots
Blk 12A Marine Terrace (HDB)139 m
S$0.60 per half-hour at midday on a weekday · gantry 2.05 m · 551 car lots
Blk 51 Marine Terrace (HDB)152 m
S$0.60 per half-hour at midday on a weekday · 87 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: Upp East Coast Rd Off St, 1.4 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 56 Marine Terrace's own car park, if it has one, and its charges are not in the open data.

Who's registered at 56 Marine Terrace?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list 56 Marine Terrace as their registered address on its shop floor. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1
Other services
1
Manufacturing
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.

Frequently asked questions about 56 Marine Terrace

Where is 56 Marine Terrace?⌄

56 Marine Terrace is at Marine Terrace, Singapore 440056, in the Marine Parade planning area.

What is 56 Marine Terrace zoned as?⌄

56 Marine Terrace sits on land zoned commercial under the URA Master Plan.

Have there been any recorded transactions at 56 Marine Terrace?⌄

No caveats have been lodged for 56 Marine Terrace 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 56 Marine Terrace?⌄

Marine Terrace MRT is the closest, 122 m away (about a 2-minute walk).

How many businesses are registered at 56 Marine Terrace?⌄

9 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.

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.

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 10 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.