CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 12 · Kallang

999 Serangoon Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2014
Quick Summary

999 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 Mar 2014. 1 unit is currently listed for sale. ACRA records 0 live company registrations at this address.

1

What are the key facts about 999 Serangoon Road?

Key takeaway999 Serangoon Road is a commercial building in District 12 · Kallang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
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
999 Serangoon Road
Land area
—
Completed
Not on record
Storeys
2 (© OpenStreetMap contributors)
Submarket
City Fringe
Listed as
Shop / Shophouse
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
0
2

About 999 Serangoon Road

999 Serangoon Road is a commercial property in Kallang (District 12). It is located along Serangoon Road, Singapore 328157.

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$2,171 psf. The most recent was in March 2014.

The nearest MRT is Boon Keng MRT, 427 m away (about a 7-minute walk). The closest bus stop (Opp Bendemeer Pr Sch) is 20 m away (about a 0-minute walk).

3

What is 999 Serangoon Road zoned as?

Key takeaway999 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 999 Serangoon Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2014Shop HouseS$2.80M1,290 sqft$2,171

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

5

What does space at 999 Serangoon Road rent for?

Key takeawayNo rent is published for 999 Serangoon Road itself. On its street, Serangoon Road, retail space rented at a median of $9.61 psf a month in 2026Q3, with the middle half of leases between $8.34 and $15.00. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Serangoon Road

Street level · 2026Q3
25th pct
$8.34
$89.73 psm
Median
$9.61
$103.45 psm
75th pct
$15.00
$161.47 psm

S$ per sq ft per month · median -18.4% on a year earlier

2023Q4 · $161.94 psm2026Q3 · $103.45 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 Serangoon Road

Street level · 2026Q3
25th pct
$5.68
$61.13 psm
Median
$6.87
$73.91 psm
75th pct
$7.00
$75.36 psm

S$ per sq ft per month · median +20.8% on a year earlier

2023Q4 · $60.00 psm2026Q3 · $73.91 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 12 retail

Region band · 2026Q3
25th pct
$5.52
$59.42 psm
Median
$6.71
$72.22 psm
75th pct
$8.97
$96.57 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 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).

6

Market context around 999 Serangoon Road

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.

7

How fast units move at 999 Serangoon Road

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

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.

8

How does Serangoon Road price?

Key takeawayAcross 15 strata sales on Serangoon Road in the last 5 years, the median is $2,573 psf.
Strata sales on the street (5y)
15
Street median PSF (strata)
$2,573

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

9

What do commercial rents run near 999 Serangoon Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 12 retail

Gross yield (area)
2.9%
2.6% net of property tax
Rent side (median of bands)
$72.22 psm/mo
2026Q3
Price side (strata, 5y)
$2,767 psf
54 sales

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 band25th pctMedian75th 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.

10

What is available at 999 Serangoon Road right now?

Key takeaway1 unit is currently listed at 999 Serangoon Road. One row per unit; several agents often market the same unit.

For sale (1)

  • 999 Serangoon Road, 328157S$10.00M · 1,289 sqft

Browse every listing at this building →

11

What is near 999 Serangoon Road?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 427 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Bendemeer Pr Sch · 20 mEducational Institution · 83 mPlace Of Worship · 138 mSt Georges Clinic and Surgery · 270 mBeng Wan Rd Pg · 277 mBoon Keng MRT Exit A · 364 mKallang Community Club · 524 mKallang Polyclinic · 843 m

Competing premises nearby

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

Blk 29 Bendemeer Road · 378 mSheng Siong Supermarket Pte Ltd · 489 mThe Poiz Centre · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at 999 Serangoon Road

Key takeawayThe nearest station is Boon Keng (NE9), 364 m away — a busy station, with about 51,000 taps in and out on an average weekday. 16 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 66% of retail buildings

nearest MRT/LRT Boon Keng (NE9) 364 m, about 51,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 7, about 30,000 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)364 m · about 51,000 weekday taps
  • Geylang Bahru (DT24)883 m · about 12,000 weekday taps
  • Bendemeer (DT23)970 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 999 Serangoon Road. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Blk 9/11 Saint George Road (HDB)106 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 157 car lots
  • Blk 25A/26/26A/26B Saint George'S Lane (HDB)109 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 429 car lots
  • Blk 34 Whampoa West (HDB)218 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 209 car lots
  • Blk 45-48 Bendemeer Road (HDB)229 m
    no short-term parking · gantry 4.5 m · 64 car lots
  • Blk 14/19 Saint George Rd (HDB)239 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 103 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. 999 Serangoon Road's own car park, if it has one, and its charges are not in the open data.

13

Who's registered at 999 Serangoon Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 999 Serangoon Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    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. ACRA, as of 2026-09-16.

14

Frequently asked questions about 999 Serangoon Road

Where is 999 Serangoon Road?⌄

999 Serangoon Road is at 999 Serangoon Road, Singapore 328157, in the Kallang planning area.

What is 999 Serangoon Road zoned as?⌄

999 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 999 Serangoon Road?⌄

999 Serangoon Road is freehold.

What have units at 999 Serangoon Road sold for?⌄

Across 1 recorded transaction, the median price is S$2,171 psf. The latest was in March 2014.

What is the nearest MRT station to 999 Serangoon Road?⌄

Boon Keng MRT is the closest, 427 m away (about a 7-minute walk).

For agents · in the PropKaki app

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