CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 15 · Marine Parade

59 Marine Terrace

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

59 Marine Terrace is a commercial building in District 15 · Marine Parade, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 2.8. 3 units are currently listed for sale or rent. ACRA records 6 live company registrations at this address.

1

What are the key facts about 59 Marine Terrace?

Key takeaway59 Marine Terrace is a commercial building in District 15 · Marine Parade, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 15 · Marine Parade
Address
—
Land area
2,784 sqm
Completed
1974 (HDB Property Information)
Storeys
10 (HDB Property Information)
Submarket
City Fringe
Listed as
Shop / Shophouse
Transactions on record
None recorded
Live listings
3
ACRA registrations
6

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.

2

About 59 Marine Terrace

59 Marine Terrace is a commercial building in Marine Parade (District 15). It is located along Marine Terrace, Singapore 440059.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 2.8.

It occupies roughly 2,784 sqm of land with about 7,795 sqm of gross floor area.

24 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Terrace MRT, 99 m away (about a 2-minute walk). The closest bus stop (Blk 19) is 102 m away (about a 2-minute walk). i12 Katong is 1.1 km away (about a 17-minute walk).

3

What is 59 Marine Terrace zoned as?

Key takeaway59 Marine Terrace sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What does space at 59 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).

5

Market context around 59 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.

6

How fast units move at 59 Marine Terrace

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What's been approved at 59 Marine Terrace?

Key takeawayURA's planning decisions at 59 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.
  1. 2 Apr 2026Approved
    Additions & alterations

    Proposed development of 2 family gathering spaces at marine terrace

  2. 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)

  3. 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).

8

What do commercial rents run near 59 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 band25th pctMedian75th 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.

9

What is available at 59 Marine Terrace right now?

Key takeaway3 units are currently listed at 59 Marine Terrace — 1 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Prime Location Shophouse Marine Terrace MRT at door stepS$2.29M · 1,400 sqft

For rent (2)

  • 59 Marine Terrace2 agentsS$14k/mo · 710 sqft
  • 59 Marine Terrace2 agentsS$8k/mo · 350 sqft

Browse every listing at this building →

10

What is near 59 Marine Terrace?

Key takeawayThe nearest MRT/LRT is Marine Terrace MRT, about 99 m away.

Getting around

Amenities nearby

Marine Parade Clinic · 26 mMarine Terrace MRT Exit 1 · 70 mCold Storage Singapore (1983) Pte Ltd · 78 mBlk 19 · 102 mBlk 50A Marine Terrace · 114 mEducational Institution · 248 mPlace Of Worship · 479 mMarine Parade Community Club · 585 mMarine Parade Polyclinic · 862 mHotel · 966 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 59 Marine Terrace

Key takeawayThe nearest station is Marine Terrace (TE27), 70 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 26% of retail buildings

nearest MRT/LRT Marine Terrace (TE27) 70 m, about 13,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 14, about 18,000 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 28,000 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)70 m · about 13,000 weekday taps
  • Marine Parade (TE26)627 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 59 Marine Terrace. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 54/55/56/58/59 Marine Terrace (HDB)31 m
    S$0.60 per half-hour at midday on a weekday · 212 car lots
  • Blk 52/57 Marine Terrace (HDB)163 m
    S$0.60 per half-hour at midday on a weekday · 162 car lots
  • Blk 12A Marine Terrace (HDB)180 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.05 m · 551 car lots
  • Blk 50/50A/53 Marine Terrace (HDB)189 m
    S$0.60 per half-hour at midday on a weekday · 76 car lots
  • Blk 51 Marine Terrace (HDB)192 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: Joo Chiat Area (Haig R Oad-Telok Kurau Road), 1.4 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 59 Marine Terrace's own car park, if it has one, and its charges are not in the open data.

12

Who's registered at 59 Marine Terrace?

Key takeaway6 live companies (and LLPs and branches; sole proprietors are not counted) list 59 Marine Terrace as their registered address on its shop floor. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    2
  • Accommodation and food services
    2
  • Health and social services
    1
  • Manufacturing
    1

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.

13

Frequently asked questions about 59 Marine Terrace

Where is 59 Marine Terrace?⌄

59 Marine Terrace is at Marine Terrace, Singapore 440059, in the Marine Parade planning area.

What is 59 Marine Terrace zoned as?⌄

59 Marine Terrace sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 59 Marine Terrace?⌄

No caveats have been lodged for 59 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 59 Marine Terrace?⌄

Marine Terrace MRT is the closest, 99 m away (about a 2-minute walk).

How many businesses are registered at 59 Marine Terrace?⌄

24 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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