CommercialCOMMERCIALConservationFreeholdDistrict 8 · Kallang

587 Serangoon Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2008
Quick Summary

587 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. It is freehold. 1 transaction is on record since 1995, most recently in Apr 2008. ACRA records 0 live company registrations at this address.

1

What are the key facts about 587 Serangoon Road?

Key takeaway587 Serangoon Road is a commercial building in District 8 · Kallang, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 8 · Kallang
Address
587 Serangoon Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 587 Serangoon Road

587 Serangoon Road is a commercial property in Kallang (District 08). It is located along Serangoon Road, Singapore 218201.

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.

The site is freehold.

1 transaction has been recorded here, at a median of S$1,050 psf. The most recent was in April 2008.

The nearest MRT is Boon Keng MRT, 518 m away (about a 8-minute walk). The closest bus stop (Bef S'goon Rd) is 77 m away (about a 1-minute walk).

3

What is 587 Serangoon Road zoned as?

Key takeaway587 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 587 Serangoon Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2008Shop HouseS$1.45M1,381 sqft$1,050

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.

5

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.

6

What do commercial rents run near 587 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.

7

What is near 587 Serangoon Road?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 518 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 62 mBef S'goon Rd · 77 mStarlight Clinic · 98 mKallang Polyclinic · 105 mHotel · 315 mBoon Keng MRT Exit C · 339 mEducational Institution · 422 mSomme Rd Pg · 493 mKallang Community Club · 502 mFarrer Park Hospital · 617 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. · 264 mCity Square Mall · 537 mBlk 29 Bendemeer Road · 631 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 587 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.

9

Frequently asked questions about 587 Serangoon Road

Where is 587 Serangoon Road?

587 Serangoon Road is at 587 Serangoon Road, Singapore 218201, in the Kallang planning area.

What is 587 Serangoon Road zoned as?

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

What is the tenure of 587 Serangoon Road?

587 Serangoon Road is freehold.

Is 587 Serangoon Road a conserved property?

Yes. 587 Serangoon Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 587 Serangoon Road sold for?

Across 1 recorded transaction, the median price is S$1,050 psf. The latest was in April 2008.

What is the nearest MRT station to 587 Serangoon Road?

Boon Keng MRT is the closest, 518 m away (about a 8-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on 587 Serangoon Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 587 Serangoon Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp