CommercialCOMMERCIALConservationDistrict 8 · Kallang

590 Serangoon Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 1999
Quick Summary

590 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. 1 transaction is on record since 1995, most recently in Jun 1999. ACRA records 2 live company registrations at this address.

1

What are the key facts about 590 Serangoon Road?

Key takeaway590 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
590 Serangoon Road
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
2

About 590 Serangoon Road

590 Serangoon Road is a commercial property in Kallang (District 08). It is located along Serangoon Road, Singapore 218204.

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.

1 transaction has been recorded here, at a median of S$840 psf. The most recent was in June 1999.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Bendemeer MRT, 545 m away (about a 8-minute walk). The closest bus stop (Sri Vadapathira K Tp) is 52 m away (about a 1-minute walk).

3

What is 590 Serangoon Road zoned as?

Key takeaway590 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 590 Serangoon Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 1999Shop HouseS$1.80M2,142 sqft$840

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 590 Serangoon Road rent for?

Key takeawayNo rent is published for 590 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 590 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

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.

8

What do commercial rents run near 590 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.

9

What is near 590 Serangoon Road?

Key takeawayThe nearest MRT/LRT is Bendemeer MRT, about 545 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 38 mSri Vadapathira K Tp · 52 mStarlight Clinic · 53 mKallang Polyclinic · 198 mHotel · 241 mSomme Rd Pg · 399 mBoon Keng MRT Exit C · 416 mEducational Institution · 480 mFarrer Park Hospital · 556 mKallang Community Club · 563 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. · 199 mCity Square Mall · 445 mBlk 29 Bendemeer Road · 701 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 590 Serangoon Road

Key takeawayThe nearest station is Boon Keng (NE9), 416 m away — a busy station, with about 51,000 taps in and out on an average weekday. 36 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) 416 m, about 51,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 11, about 25,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 44,000 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)416 m · about 51,000 weekday taps
  • Farrer Park (NE8)426 m · about 57,000 weekday taps
  • Bendemeer (DT23)545 m · about 11,000 weekday taps
  • Lavender (EW11)961 m · about 39,000 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 590 Serangoon Road. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 25,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Serangoon Rd - Lavende R St Off St (URA)39 m
    S$0.60 per half-hour at midday on a weekday · 112 car lots
  • Beatty Rd (URA)129 m
    S$0.60 per half-hour at midday on a weekday · 32 car lots
  • Serangoon Rd (Kitchene R Rd - Lavender St) (URA)136 m
    S$0.60 per half-hour at midday on a weekday · 42 car lots
  • Blk 684/685 Race Course Road (HDB)174 m
    S$0.60 per half-hour at midday on a weekday · 43 car lots
  • Race Course Rd (URA)177 m
    S$0.60 per half-hour at midday on a weekday · 52 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.

Public car parks only, by straight-line distance, with the operator's published rates. 590 Serangoon Road's own car park, if it has one, and its charges are not in the open data.

11

How many companies are registered at 590 Serangoon Road?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
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.

12

Frequently asked questions about 590 Serangoon Road

Where is 590 Serangoon Road?⌄

590 Serangoon Road is at 590 Serangoon Road, Singapore 218204, in the Kallang planning area.

What is 590 Serangoon Road zoned as?⌄

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

Is 590 Serangoon Road a conserved property?⌄

Yes. 590 Serangoon Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 590 Serangoon Road sold for?⌄

Across 1 recorded transaction, the median price is S$840 psf. The latest was in June 1999.

What is the nearest MRT station to 590 Serangoon Road?⌄

Bendemeer MRT is the closest, 545 m away (about a 8-minute walk).

How many businesses are registered at 590 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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