CommercialCOMMERCIALDistrict 8 · Kallang

Centrium Square (Former Serangoon Plaza)

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

Centrium Square (Former Serangoon Plaza) is a commercial building in District 8 · Kallang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. ACRA records 0 live company registrations at this address.

1

What are the key facts about Centrium Square (Former Serangoon Plaza)?

Key takeawayCentrium Square (Former Serangoon Plaza) is a commercial building in District 8 · Kallang, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 8 · Kallang
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Centrium Square (Former Serangoon Plaza)

Centrium Square (Former Serangoon Plaza) is a commercial building in Kallang (District 08). It is located along Serangoon Road.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.

The nearest MRT is Farrer Park MRT, 214 m away (about a 3-minute walk). The closest bus stop (Opp Farrer Pk Stn) is 166 m away (about a 3-minute walk). City Square Mall is 180 m away (about a 3-minute walk).

3

What is Centrium Square (Former Serangoon Plaza) zoned as?

Key takeawayCentrium Square (Former Serangoon Plaza) sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What does space at Centrium Square (Former Serangoon Plaza) rent for?

Key takeawayNo rent is published for Centrium Square (Former Serangoon Plaza) 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 8 retail

Region band · 2026Q3
25th pct
$6.30
$67.76 psm
Median
$8.25
$88.77 psm
75th pct
$9.03
$97.19 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 8 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).

5

Market context around Centrium Square (Former Serangoon Plaza)

Key takeawayBrokers' retail figures for Singapore as a whole — 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 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.

6

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.

7

What do commercial rents run near Centrium Square (Former Serangoon Plaza)?

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

Indicative area yield — District 8 retail

Gross yield (area)
3.6%
3.3% net of property tax
Rent side (median of bands)
$88.77 psm/mo
2026Q3
Price side (strata, 5y)
$2,744 psf
59 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$67.76$96.11$143.21
Level 1 · 30 & Below$76.14$92.59$171.04
B1 & Below · 30 & Below$90.68$93.21$137.37
Level 2 & 3 · >30 - 100$46.15$61.63$86.96
Level 1 · >30 - 100$73.94$90.91$97.19
B1 & Below · >30 - 100$82.17$88.77$163.62
Level 1 · >100 - 300$59.57$69.55$95.87
Level 2 & 3 · >100 - 300$43.92$47.03$64.17

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.

8

What is near Centrium Square (Former Serangoon Plaza)?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 214 m away.

Getting around

Amenities nearby

Hotel · 35 mT & T Family Health Clinic & Surgery · 75 mPlace Of Worship · 98 mFarrer Park MRT Exit I · 127 mMustafa Holdings Pte Ltd · 141 mCity Green · 149 mOpp Farrer Pk Stn · 166 mCity Square Mall · 180 mFarrer Park Hospital · 252 mEducational Institution · 431 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Centrium Square (Former Serangoon Plaza)

Key takeawayThe nearest station is Farrer Park (NE8), 126 m away — a busy station, with about 57,000 taps in and out on an average weekday. 58 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.
Foot traffic: busier than 65% of retail buildings

nearest MRT/LRT Farrer Park (NE8) 126 m, about 57,000 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 6, about 19,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 37,000 residents within 1 km (June 2026); 2 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

  • Farrer Park (NE8)126 m · about 57,000 weekday taps
  • Jalan Besar (DT22)601 m · about 21,000 weekday taps
  • Little India (NE7 / DT12)655 m · about 55,000 weekday taps
  • Rochor (DT13)773 m · about 22,000 weekday taps
  • Lavender (EW11)914 m · about 39,000 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 Centrium Square (Former Serangoon Plaza). Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Lembu Rd (URA)124 m
    S$0.60 per half-hour at midday on a weekday · 19 car lots
  • Verdun Rd Off St (URA)129 m
    S$0.60 per half-hour at midday on a weekday · 18 car lots
  • Birch Rd (URA)131 m
    S$0.60 per half-hour at midday on a weekday · 14 car lots
  • Verdun Rd (URA)155 m
    S$0.60 per half-hour at midday on a weekday · 7 car lots
  • Backlane (Desker Rd) (URA)160 m

Public car parks only, by straight-line distance, with the operator's published rates. Centrium Square (Former Serangoon Plaza)'s own car park, if it has one, and its charges are not in the open data.

10

How many companies are registered at Centrium Square (Former Serangoon Plaza)?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

11

Frequently asked questions about Centrium Square (Former Serangoon Plaza)

Where is Centrium Square (Former Serangoon Plaza)?⌄

Centrium Square (Former Serangoon Plaza) is at Serangoon Road, in the Kallang planning area.

What is Centrium Square (Former Serangoon Plaza) zoned as?⌄

Centrium Square (Former Serangoon Plaza) sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

Have there been any recorded transactions at Centrium Square (Former Serangoon Plaza)?⌄

No caveats have been lodged for Centrium Square (Former Serangoon Plaza) in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Centrium Square (Former Serangoon Plaza)?⌄

Farrer Park MRT is the closest, 214 m away (about a 3-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on Centrium Square (Former Serangoon Plaza).

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Centrium Square (Former Serangoon Plaza) — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…