CommercialRESIDENTIALFreeholdDistrict 15 · Marine Parade

94b Koon Seng Road

Reviewed by Nathan TangUpdated 10 August 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)
$2,890 psf
86 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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