987 Serangoon Road
987 Serangoon Road is a commercial building in District 12 · Kallang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 1 transaction is on record since 1995, most recently in Apr 2006. ACRA records 5 live company registrations at this address.
What are the key facts about 987 Serangoon Road?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 12 · Kallang
- Address
- 987 Serangoon Road
- Land area
- —
- Completed
- Not on record
- Storeys
- 2 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 5
About 987 Serangoon Road
987 Serangoon Road is a commercial property in Kallang (District 12). It is located along Serangoon Road, Singapore 328147.
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 freehold.
1 transaction has been recorded here, at a median of S$845 psf. The most recent was in April 2006.
6 businesses are currently registered at this address with ACRA.
The nearest MRT is Boon Keng MRT, 383 m away (about a 6-minute walk). The closest bus stop (Opp Bendemeer Pr Sch) is 61 m away (about a 1-minute walk).
What is 987 Serangoon Road zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
What has 987 Serangoon Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2006 | Shop House | S$1.10M | 1,301 sqft | $845 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 987 Serangoon Road rent for?
Retail space on Serangoon Road
Street level · 2026Q3S$ per sq ft per month · median -18.4% on a year earlier
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 · 2026Q3S$ per sq ft per month · median +20.8% on a year earlier
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 12 retail
Region band · 2026Q3S$ 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 12 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).
Market context around 987 Serangoon Road
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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.
What's been approved at 987 Serangoon Road?
- 6 Sept 2006ApprovedAdditions & alterations
Proposed addition and alteration to the existing 2-storey shophouse
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$54.50 per unit).
How does Serangoon Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 987 Serangoon Road?
Indicative area yield — District 12 retail
An INDICATIVE AREA yield for District 12 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 12 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $52.08 | $72.22 | $91.29 |
| Level 2 & 3 · 30 & Below | $101.58 | $129.23 | $143.22 |
| Level 2 & 3 · >30 - 100 | $59.42 | $63.94 | $96.57 |
| Level 1 · >30 - 100 | $74.07 | $96.87 | $116.31 |
| Level 1 · >100 - 300 | $48.14 | $55.10 | $60.66 |
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.
What is near 987 Serangoon Road?
Getting around
- Boon Keng MRT383 m · ~6 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 987 Serangoon Road
nearest MRT/LRT Boon Keng (NE9) 319 m, about 51,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 38,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 59,000 residents within 1 km (June 2026); 0 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)319 m · about 51,000 weekday taps
- Geylang Bahru (DT24)906 m · about 12,000 weekday taps
- Bendemeer (DT23)933 m · about 11,000 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 987 Serangoon Road. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 38,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 25A/26/26A/26B Saint George'S Lane (HDB)70 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 429 car lots
- Blk 9/11 Saint George Road (HDB)125 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 157 car lots
- Blk 34 Whampoa West (HDB)186 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 209 car lots
- Blk 14/19 Saint George Rd (HDB)250 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 103 car lots
- Blk 45-48 Bendemeer Road (HDB)261 mno short-term parking · gantry 4.5 m · 64 car lots
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. 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. 987 Serangoon Road's own car park, if it has one, and its charges are not in the open data.
Who's registered at 987 Serangoon Road?
- Wholesale and retail trade2
- Information and communications1
- Professional, scientific and technical services1
- Accommodation and food services1
- Financial and insurance0
- Transportation and storage0
- Real estate0
- Manufacturing0
- Administrative and support services0
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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.
Frequently asked questions about 987 Serangoon Road
Where is 987 Serangoon Road?⌄
987 Serangoon Road is at 987 Serangoon Road, Singapore 328147, in the Kallang planning area.
What is 987 Serangoon Road zoned as?⌄
987 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 987 Serangoon Road?⌄
987 Serangoon Road is freehold.
What have units at 987 Serangoon Road sold for?⌄
Across 1 recorded transaction, the median price is S$845 psf. The latest was in April 2006.
What is the nearest MRT station to 987 Serangoon Road?⌄
Boon Keng MRT is the closest, 383 m away (about a 6-minute walk).
How many businesses are registered at 987 Serangoon Road?⌄
6 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.
The facts are here — now get the verdict on 987 Serangoon Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.