CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREY999-year leaseholdDistrict 19 · Hougang

787 Upper Serangoon Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2023
Quick Summary

787 Upper Serangoon Road is a commercial building in District 19 · Hougang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is 999-year leasehold. 7 transactions are on record since 1995, most recently in Oct 2023. ACRA records 5 live company registrations at this address.

1

What are the key facts about 787 Upper Serangoon Road?

Key takeaway787 Upper Serangoon Road is a commercial building in District 19 · Hougang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
999-year leasehold
District / Area
District 19 · Hougang
Address
787 Upper Serangoon Road
Land area
Transactions on record
7 (records start 1995)
Live listings
None
ACRA registrations
5
2

About 787 Upper Serangoon Road

787 Upper Serangoon Road is a commercial property in Hougang (District 19). It is located along Upper Serangoon Road, Singapore 534654.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

The site is 999-year leasehold, with about 851 years remaining on the lease.

7 transactions have been recorded here, at a median of S$658 psf. The most recent was in October 2023.

5 businesses are currently registered at this address with ACRA.

The nearest MRT is Kovan MRT, 826 m away (about a 13-minute walk). The closest bus stop (Opp Upp S'goon Shop Ctr) is 176 m away (about a 3-minute walk).

3

What is 787 Upper Serangoon Road zoned as?

Key takeaway787 Upper Serangoon Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 787 Upper Serangoon Road sold for?

Key takeaway7 transactions are on record since 1995, most recently in Oct 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2023OfficeS$1.68M1,851 sqft$907
Jun 2021OfficeS$1.50M1,884 sqft$796
May 2020OfficeS$1.22M1,851 sqft$658
Mar 2015OfficeS$1.85M1,884 sqft$982
Jun 2007RetailS$1.25M1,927 sqft$649
May 2005RetailS$1.00M1,927 sqft$519
Oct 2004RetailS$855k1,927 sqft$444

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 Upper Serangoon Road price?

Key takeawayAcross 24 strata sales on Upper Serangoon Road in the last 5 years, the median is $2,071 psf.
Strata sales on the street (5y)
24
Street median PSF (strata)
$2,071

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

6

What do commercial rents run near 787 Upper 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 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 sales

An INDICATIVE AREA yield for District 19 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 19 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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 787 Upper Serangoon Road?

Key takeawayThe nearest MRT/LRT is Kovan MRT, about 826 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 9 mMission Medical Clinic · 104 mHotel · 150 mOpp Upp S'goon Shop Ctr · 176 mJln Geneng Interim Pk · 297 mKovan MRT Exit A · 728 mEducational Institution · 747 mPaya Lebar Kovan Community Club · 814 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Thong Chew Food Industries Pte Ltd · 391 mHeartland Mall Kovan · 793 mKovan Market & Food Centre · 851 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 787 Upper Serangoon Road?

Key takeawayACRA records 5 live company registrations at this address.
Live registrations
5
Registered last 3 years
0
Most common type
Local Company

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 787 Upper Serangoon Road

Where is 787 Upper Serangoon Road?

787 Upper Serangoon Road is at 787 Upper Serangoon Road, Singapore 534654, in the Hougang planning area.

What is 787 Upper Serangoon Road zoned as?

787 Upper Serangoon Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 787 Upper Serangoon Road?

787 Upper Serangoon Road is 999-year leasehold. About 851 years remain on the lease.

What have units at 787 Upper Serangoon Road sold for?

Across 7 recorded transactions, the median price is S$658 psf. The latest was in October 2023.

What is the nearest MRT station to 787 Upper Serangoon Road?

Kovan MRT is the closest, 826 m away (about a 13-minute walk).

How many businesses are registered at 787 Upper Serangoon Road?

5 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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