CommercialCOMMERCIALDistrict 15 · Marine Parade

87 Marine Parade Central

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

87 Marine Parade Central is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL under the URA Master Plan. 4 units are currently listed for sale or rent. ACRA records 2 live company registrations at this address.

1

What are the key facts about 87 Marine Parade Central?

Key takeaway87 Marine Parade Central is a commercial building in District 15 · Marine Parade, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 15 · Marine Parade
Address
—
Land area
1,672 sqm
Completed
1976 (HDB Property Information)
Storeys
4 (HDB Property Information)
Submarket
City Fringe
Listed as
Other Retail, Shop / Shophouse, Food & Beverage
Transactions on record
None recorded
Live listings
4
ACRA registrations
2

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 87 Marine Parade Central

87 Marine Parade Central is a commercial building in Marine Parade (District 15). It is located along Marine Parade Central, Singapore 440087.

Under the URA Master Plan it sits on land zoned commercial.

It occupies roughly 1,672 sqm of land with about 3,083 sqm of gross floor area.

22 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 75 m away (about a 1-minute walk). The closest bus stop (Marine Pde Stn/Parkway Pde) is 70 m away (about a 1-minute walk). Parkway Parade is 159 m away (about a 2-minute walk).

3

What is 87 Marine Parade Central zoned as?

Key takeaway87 Marine Parade Central sits on land zoned COMMERCIAL.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What does space at 87 Marine Parade Central rent for?

Key takeawayNo rent is published for 87 Marine Parade Central itself. On its street, Marine Parade Central, retail space rented at a median of $11.36 psf a month in 2026Q3, with the middle half of leases between $5.80 and $18.79. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Marine Parade Central

Street level · 2026Q3
25th pct
$5.80
$62.43 psm
Median
$11.36
$122.25 psm
75th pct
$18.79
$202.28 psm

S$ per sq ft per month

2023Q2 · $53.81 psm2026Q3 · $122.25 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 Marine Parade Central

Street level · 2026Q2
25th pct
—
— psm
Median
$5.43
$58.43 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2021Q2 · $43.06 psm2026Q2 · $58.43 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 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 87 Marine Parade Central

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 87 Marine Parade Central

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 1 unit for sale.

Rent: 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.

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 87 Marine Parade Central?

Key takeawayURA has approved 2 changes of use at 87 Marine Parade Central since 2000, most recently in 2001. 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 Jun 2003ApprovedFloor 2
    Additions & alterations

    Proposed additions and alterations to unit #02-XX of existing 4-storey commercial building involving linkage to an existing overhead bridge

  2. 26 Jul 2001ApprovedFloor 1
    Change of use to depicted on plan d, as bank

    Proposed use of part of unit #01-XX, as depicted on plan d, as bank

  3. 8 Feb 2001ApprovedFloor 1
    Change of use to bank

    Proposed use part of the unit #01-XX as bank

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

How does Marine Parade Central price?

Strata sales on the street (5y)
9

Too few strata sales on this street to support a median — the count is shown without one.

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

9

What do commercial rents run near 87 Marine Parade Central?

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.

10

What is available at 87 Marine Parade Central right now?

Key takeaway4 units are currently listed at 87 Marine Parade Central — 1 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • 87 Marine Parade Central2 agentsS$88.00M · 25,833 sqft

For rent (3)

  • 87 Marine Parade CentralS$7k/mo · 189 sqft
  • Marine Parade Shop Corner Double Frontage2 agentsS$26k/mo · 1,200 sqft
  • 87 marine parade central2 agentsS$15k/mo · 750 sqft

Browse every listing at this building →

11

What is near 87 Marine Parade Central?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 75 m away.

Getting around

Amenities nearby

Trinity Medical Centre (Marine Parade) · 5 mMarine Parade MRT Exit 1 · 50 mMarine Pde Stn/Parkway Pde · 70 mBlk 84 Marine Parade Central · 80 mHotel · 94 mPlace Of Worship · 157 mCold Storage Singapore (1983) Pte Ltd · 159 mParkway Parade · 159 mMarine Parade Polyclinic · 233 mMarine Parade Rd Pk · 380 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at 87 Marine Parade Central

Key takeawayThe nearest station is Marine Parade (TE26), 50 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 15 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 42% of retail buildings

nearest MRT/LRT Marine Parade (TE26) 50 m, about 23,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 30,000 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 33,000 residents within 1 km (June 2026); 3 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 Parade (TE26)50 m · about 23,000 weekday taps
  • Tanjong Katong (TE25)915 m · 6,135 weekday taps
  • Marine Terrace (TE27)925 m · about 13,000 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 87 Marine Parade Central. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 30,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 83/87 Marine Parade Road (HDB)45 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 23 car lots
  • Blk 84 To 86 Marine Parade Road (HDB)118 m
    S$0.60 per half-hour at midday on a weekday · 22 car lots
  • Blk 86 Marine Parade Road (HDB)139 m
    S$0.60 per half-hour at midday on a weekday
  • Blk 81/82 Marine Parade Road (HDB)146 m
    S$0.60 per half-hour at midday on a weekday · 38 car lots
  • Blk 89 Marine Parade Central (HDB)155 m
    S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 511 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. 87 Marine Parade Central's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at 87 Marine Parade Central?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list 87 Marine Parade Central as their registered address on its shop floor. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    1
  • Financial and insurance
    1
  • Other services
    0

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.

14

Frequently asked questions about 87 Marine Parade Central

Where is 87 Marine Parade Central?⌄

87 Marine Parade Central is at Marine Parade Central, Singapore 440087, in the Marine Parade planning area.

What is 87 Marine Parade Central zoned as?⌄

87 Marine Parade Central sits on land zoned commercial under the URA Master Plan.

Have there been any recorded transactions at 87 Marine Parade Central?⌄

No caveats have been lodged for 87 Marine Parade Central 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 87 Marine Parade Central?⌄

Marine Parade MRT is the closest, 75 m away (about a 1-minute walk).

How many businesses are registered at 87 Marine Parade Central?⌄

22 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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