589 Serangoon Road
589 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 Sept 2022. ACRA records 1 live company registration at this address.
What are the key facts about 589 Serangoon Road?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 8 · Kallang
- Address
- 589 Serangoon Road
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 1
About 589 Serangoon Road
589 Serangoon Road is a commercial property in Kallang (District 08). It is located along Serangoon Road, Singapore 218203.
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$4,017 psf. The most recent was in September 2022.
1 business is currently registered at this address with ACRA.
The nearest MRT is Boon Keng MRT, 513 m away (about a 8-minute walk). The closest bus stop (Bef S'goon Rd) is 76 m away (about a 1-minute walk).
What is 589 Serangoon Road zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 3.0
- Conservation area
- Jalan Besar
- Conserved building
- Yes
What has 589 Serangoon Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2022 | Shop House | S$5.28M | 1,314 sqft | $4,017 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Serangoon Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 589 Serangoon Road?
Indicative area yield — District 8 retail
An INDICATIVE AREA yield for District 8 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 8 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is near 589 Serangoon Road?
Getting around
- Boon Keng MRT513 m · ~8 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at 589 Serangoon Road?
- Live registrations
- 1
- Registered last 3 years
- 0
- 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.
Frequently asked questions about 589 Serangoon Road
Where is 589 Serangoon Road?⌄
589 Serangoon Road is at 589 Serangoon Road, Singapore 218203, in the Kallang planning area.
What is 589 Serangoon Road zoned as?⌄
589 Serangoon Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of 589 Serangoon Road?⌄
589 Serangoon Road is freehold.
Is 589 Serangoon Road a conserved property?⌄
Yes. 589 Serangoon Road falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at 589 Serangoon Road sold for?⌄
Across 1 recorded transaction, the median price is S$4,017 psf. The latest was in September 2022.
What is the nearest MRT station to 589 Serangoon Road?⌄
Boon Keng MRT is the closest, 513 m away (about a 8-minute walk).
How many businesses are registered at 589 Serangoon Road?⌄
1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on 589 Serangoon Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.