CommercialCOMMERCIALConservationDistrict 8 · Kallang

565 Serangoon Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2004
Quick Summary

565 Serangoon Road is a commercial building in District 8 · Kallang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. 2 transactions are on record since 1995, most recently in Apr 2004. ACRA records 2 live company registrations at this address.

1

What are the key facts about 565 Serangoon Road?

Key takeaway565 Serangoon Road is a commercial building in District 8 · Kallang, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 8 · Kallang
Address
565 Serangoon Road
Land area
—
Completed
Not on record
Storeys
2 (© OpenStreetMap contributors)
Submarket
City Fringe
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 565 Serangoon Road

565 Serangoon Road is a commercial property in Kallang (District 08). It is located along Serangoon Road, Singapore 218180.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

2 transactions have been recorded here, at a median of S$456 psf. The most recent was in April 2004.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Boon Keng MRT, 573 m away (about a 9-minute walk). The closest bus stop (Sri Vadapathira K Tp) is 69 m away (about a 1-minute walk).

3

What is 565 Serangoon Road zoned as?

Key takeaway565 Serangoon Road sits on land zoned COMMERCIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Conservation area
Jalan Besar
Conserved building
Yes

Run the full zoning report for this building →

4

What has 565 Serangoon Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2004Shop HouseS$500k1,281 sqft$390
Dec 2001Shop HouseS$670k1,281 sqft$523

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. sqm ↔ sq ft converter

5

What does space at 565 Serangoon Road rent for?

Key takeawayNo rent is published for 565 Serangoon Road itself. On its street, Serangoon Road, retail space rented at a median of $9.61 psf a month in 2026Q3, with the middle half of leases between $8.34 and $15.00. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Serangoon Road

Street level · 2026Q3
25th pct
$8.34
$89.73 psm
Median
$9.61
$103.45 psm
75th pct
$15.00
$161.47 psm

S$ per sq ft per month · median -18.4% on a year earlier

2023Q4 · $161.94 psm2026Q3 · $103.45 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on Serangoon Road

Street level · 2026Q3
25th pct
$5.68
$61.13 psm
Median
$6.87
$73.91 psm
75th pct
$7.00
$75.36 psm

S$ per sq ft per month · median +20.8% on a year earlier

2023Q4 · $60.00 psm2026Q3 · $73.91 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 8 retail

Region band · 2026Q3
25th pct
$6.30
$67.76 psm
Median
$8.25
$88.77 psm
75th pct
$9.03
$97.19 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 8 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).

6

Market context around 565 Serangoon Road

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.

7

What's been approved at 565 Serangoon Road?

Key takeawayURA's planning decisions at 565 Serangoon Road 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. 21 Apr 2005Approved
    Additions & alterations

    Proposed additions/alterations to the existing 2-storey building

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).

8

How does Serangoon Road price?

Key takeawayAcross 15 strata sales on Serangoon Road in the last 5 years, the median is $2,573 psf.
Strata sales on the street (5y)
15
Street median PSF (strata)
$2,573

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

9

What do commercial rents run near 565 Serangoon Road?

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

Indicative area yield — District 8 retail

Gross yield (area)
3.6%
3.3% net of property tax
Rent side (median of bands)
$88.77 psm/mo
2026Q3
Price side (strata, 5y)
$2,744 psf
59 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$67.76$96.11$143.21
Level 1 · 30 & Below$76.14$92.59$171.04
B1 & Below · 30 & Below$90.68$93.21$137.37
Level 2 & 3 · >30 - 100$46.15$61.63$86.96
Level 1 · >30 - 100$73.94$90.91$97.19
B1 & Below · >30 - 100$82.17$88.77$163.62
Level 1 · >100 - 300$59.57$69.55$95.87
Level 2 & 3 · >100 - 300$43.92$47.03$64.17

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.

10

What is near 565 Serangoon Road?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 573 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 7 mStarlight Clinic · 43 mSri Vadapathira K Tp · 69 mKallang Polyclinic · 158 mHotel · 295 mBoon Keng MRT Exit C · 394 mEducational Institution · 427 mSomme Rd Pg · 450 mKallang Community Club · 553 mFarrer Park Hospital · 564 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Amista International Pte. Ltd. · 209 mCity Square Mall · 485 mBlk 29 Bendemeer Road · 685 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 565 Serangoon Road

Key takeawayThe nearest station is Boon Keng (NE9), 394 m away — a busy station, with about 51,000 taps in and out on an average weekday. 34 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 66% of retail buildings

nearest MRT/LRT Boon Keng (NE9) 394 m, about 51,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 13, about 26,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 45,000 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

  • Boon Keng (NE9)394 m · about 51,000 weekday taps
  • Farrer Park (NE8)431 m · about 57,000 weekday taps
  • Bendemeer (DT23)581 m · about 11,000 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 565 Serangoon Road. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 26,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Serangoon Rd - Lavende R St Off St (URA)90 m
    S$0.60 per half-hour at midday on a weekday · 112 car lots
  • Serangoon Rd (Kitchene R Rd - Lavender St) (URA)163 m
    S$0.60 per half-hour at midday on a weekday · 42 car lots
  • Race Course Rd (URA)175 m
    S$0.60 per half-hour at midday on a weekday · 52 car lots
  • Blk 140 Mcnair Road (HDB)179 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 315 car lots
  • Blk 684/685 Race Course Road (HDB)183 m
    S$0.60 per half-hour at midday on a weekday · 43 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. 565 Serangoon Road's own car park, if it has one, and its charges are not in the open data.

12

How many companies are registered at 565 Serangoon Road?

Key takeawayACRA records 2 live company registrations at this address, 1 of them in the last three years.
Live registrations
2
Registered last 3 years
1
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.

13

Frequently asked questions about 565 Serangoon Road

Where is 565 Serangoon Road?⌄

565 Serangoon Road is at 565 Serangoon Road, Singapore 218180, in the Kallang planning area.

What is 565 Serangoon Road zoned as?⌄

565 Serangoon Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

Is 565 Serangoon Road a conserved property?⌄

Yes. 565 Serangoon Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 565 Serangoon Road sold for?⌄

Across 2 recorded transactions, the median price is S$456 psf. The latest was in April 2004.

What is the nearest MRT station to 565 Serangoon Road?⌄

Boon Keng MRT is the closest, 573 m away (about a 9-minute walk).

How many businesses are registered at 565 Serangoon Road?⌄

2 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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