CommercialFreeholdDistrict 8 · Kallang

581,583 Serangoon Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2005
Quick Summary

581,583 Serangoon Road is a commercial building in District 8 · Kallang. It is freehold. 1 transaction is on record since 1995, most recently in Dec 2005. ACRA records 0 live company registrations at this address.

1

What are the key facts about 581,583 Serangoon Road?

Key takeaway581,583 Serangoon Road is a commercial building in District 8 · Kallang, held freehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
Tenure
Freehold
District / Area
District 8 · Kallang
Address
581,583 Serangoon Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 581,583 Serangoon Road

581,583 Serangoon Road is a commercial property in Kallang (District 08). It is located along Serangoon Road, Singapore 218195.

The site is freehold.

1 transaction has been recorded here, at a median of S$445 psf. The most recent was in December 2005.

3

What has 581,583 Serangoon Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2005Shop HouseS$1.25M2,810 sqft$445

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.

4

How does Serangoon Road price?

Key takeawayAcross 12 strata sales on Serangoon Road in the last 5 years, the median is $2,581 psf.
Strata sales on the street (5y)
12
Street median PSF (strata)
$2,581

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

5

What do commercial rents run near 581,583 Serangoon Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 8 retail

Gross yield (area)
3.0%
2.7% net of property tax
Rent side (median of bands)
$73.77 psm/mo
2026Q2
Price side (strata, 5y)
$2,744 psf
57 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$92.22$107.29$134.61
Level 2 & 3 · 30 & Below$60.38$67.06$71.17
Level 1 · >30 - 100$65.65$79.01$105.39
Level 2 & 3 · >30 - 100$53.41$58.43$108.12
B1 & Below · >30 - 100$185.86$205.31$205.79
Level 1 · >100 - 300$43.81$68.53$71.93
Level 4 & Above · >100 - 300$86.62$94.73$108.30
B1 & Below · >300$50.00$59.34$62.68

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.

6

How many companies are registered at 581,583 Serangoon Road?

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.

7

Frequently asked questions about 581,583 Serangoon Road

Where is 581,583 Serangoon Road?

581,583 Serangoon Road is at 581,583 Serangoon Road, Singapore 218195, in the Kallang planning area.

What is the tenure of 581,583 Serangoon Road?

581,583 Serangoon Road is freehold.

What have units at 581,583 Serangoon Road sold for?

Across 1 recorded transaction, the median price is S$445 psf. The latest was in December 2005.

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