CommercialRESIDENTIALFreeholdDistrict 15 · Marine Parade

94b Koon Seng Road

Reviewed by Nathan TangUpdated 24 September 2026Data through Dec 2024
Quick Summary

94b Koon Seng Road is a commercial building in District 15 · Marine Parade, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.4. It is freehold. 1 transaction is on record since 1995, most recently in Dec 2024. ACRA records 1 live company registration at this address.

1

What are the key facts about 94b Koon Seng Road?

Key takeaway94b Koon Seng Road is a commercial building in District 15 · Marine Parade, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
1.4
Tenure
Freehold
District / Area
District 15 · Marine Parade
Address
94b Koon Seng Road
Land area
—
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 94b Koon Seng Road

94B Koon Seng Road is a mixed-use property in Marine Parade (District 15). It is located along Koon Seng Road, Singapore 427034.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 1.4.

The site is freehold.

1 transaction has been recorded here, at a median of S$2,654 psf. The most recent was in December 2024.

1 business is currently registered at this address with ACRA.

The nearest MRT is Eunos MRT, 893 m away (about a 14-minute walk). The closest bus stop (Aft Lor Nangka) is 214 m away (about a 3-minute walk).

3

What is 94b Koon Seng Road zoned as?

Key takeaway94b Koon Seng Road sits on land zoned RESIDENTIAL with a gross plot ratio of 1.4.
Land-use zone
RESIDENTIAL
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 94b Koon Seng Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2024 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2024Shop HouseS$4.18M1,575 sqft$2,654

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

What do commercial rents run near 94b Koon Seng 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 15 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$109.64 psm/mo
2026Q2
Price side (strata, 5y)
$2,892 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$60.00$91.67$123.00
B1 & Below · 30 & Below$75.81$109.64$243.47
Level 2 & 3 · 30 & Below$68.24$125.48$215.03
Level 4 & Above · >30 - 100$50.75$55.22$59.76
Level 1 · >30 - 100$89.55$111.66$176.50
Level 2 & 3 · >30 - 100$74.56$115.04$179.95
B1 & Below · >30 - 100$96.86$112.98$285.03
Level 1 · >100 - 300$100.81$136.47$176.70

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.

6

What is near 94b Koon Seng Road?

Key takeawayThe nearest MRT/LRT is Eunos MRT, about 893 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 25 mEducational Institution · 145 mAft Lor Nangka · 215 mKoon Seng Park · 267 mHotel · 400 mJoo Chiat Medical Clinic · 424 mJoo Chiat Community Club · 514 mParkway East Hospital · 538 mEunos Polyclinic · 603 mMarine Parade MRT Exit 5 · 840 m

Competing premises nearby

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

Dunman Food Centre · 457 mi12 Katong · 752 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 94b Koon Seng Road?

Key takeawayACRA records 1 live company registration at this address.
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.

8

Frequently asked questions about 94b Koon Seng Road

Where is 94B Koon Seng Road?⌄

94B Koon Seng Road is at 94B Koon Seng Road, Singapore 427034, in the Marine Parade planning area.

What is 94B Koon Seng Road zoned as?⌄

94B Koon Seng Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 1.4.

What is the tenure of 94B Koon Seng Road?⌄

94B Koon Seng Road is freehold.

What have units at 94B Koon Seng Road sold for?⌄

Across 1 recorded transaction, the median price is S$2,654 psf. The latest was in December 2024.

What is the nearest MRT station to 94B Koon Seng Road?⌄

Eunos MRT is the closest, 893 m away (about a 14-minute walk).

How many businesses are registered at 94B Koon Seng 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.

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