CommercialRESIDENTIALLeaseholdDistrict 19 · Serangoon

Affinity At Serangoon

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2018
Quick Summary

Affinity At Serangoon is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is leasehold with roughly 91 years remaining. 3 transactions are on record since 1995, most recently in Jul 2018. 1 unit is currently listed for sale. ACRA records 18 live company registrations at this address.

1

What are the key facts about Affinity At Serangoon?

Key takeawayAffinity At Serangoon is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Leasehold
District / Area
District 19 · Serangoon
Address
28 Serangoon North Avenue 1
Land area
27,584 sqm
Transactions on record
3 (records start 1995)
Live listings
1
ACRA registrations
18
2

About Affinity At Serangoon

Affinity At Serangoon is a mixed-use building in Serangoon (District 19). It is located along Serangoon North Avenue 1, Singapore 554341.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

The site is leasehold, with about 91 years remaining on the lease. It occupies roughly 27,584 sqm of land with about 77,236 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$2,767 psf. The most recent was in July 2018.

18 businesses are currently registered at this address with ACRA.

The closest bus stop (Affinity At Serangoon) is 98 m away (about a 2-minute walk).

3

What is Affinity At Serangoon zoned as?

Key takeawayAffinity At Serangoon sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What has Affinity At Serangoon sold for?

Key takeaway3 transactions are on record since 1995, most recently in Jul 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2018RetailS$1.41M484 sqft$2,907
Jul 2018RetailS$1.43M517 sqft$2,767
Jun 2018RetailS$1.52M549 sqft$2,765

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 Affinity At Serangoon?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 sales

An INDICATIVE AREA yield for District 19 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 19 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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 available at Affinity At Serangoon right now?

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

For sale (1)

  • Affinity At SerangoonS$1.85M · 484 sqft

Browse every listing at this building →

7

What is near Affinity At Serangoon?

Amenities nearby

Affinity At Serangoon · 98 mPlace Of Worship · 279 mKee & Partners Family Clinic · 365 mParry Rd Pg · 385 mThe Serangoon Community Club · 405 mEducational Institution · 564 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 403 mChomp Chomp Food Centre · 868 mHougang 1 · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Affinity At Serangoon?

Key takeawayACRA records 18 live company registrations at this address, 12 of them in the last three years.
Live registrations
18
Registered last 3 years
12
Most common type
Local Company

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.

9

Frequently asked questions about Affinity At Serangoon

Where is Affinity At Serangoon?

Affinity At Serangoon is at 28 Serangoon North Avenue 1, Singapore 554341, in the Serangoon planning area.

What is Affinity At Serangoon zoned as?

Affinity At Serangoon sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Affinity At Serangoon?

Affinity At Serangoon is leasehold. About 91 years remain on the lease.

What have units at Affinity At Serangoon sold for?

Across 3 recorded transactions, the median price is S$2,767 psf. The latest was in July 2018.

How many businesses are registered at Affinity At Serangoon?

18 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.

For agents · in the PropKaki app

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This development is also registered as the residential project Affinity At Serangoon.

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