CommercialRESIDENTIALLeaseholdDistrict 19 · Serangoon

Chuan Park

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2008

Quick Summary

Chuan Park is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.1. It is leasehold with roughly 53 years remaining. 2 transactions are on record since 1995, most recently in Sept 2008. 2 units are currently listed for sale. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Chuan Park.

Ask PropKaki

What are the key facts about Chuan Park?

Key takeawayChuan Park is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL, held leasehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.1
Tenure: Leasehold
District / Area: District 19 · Serangoon
Address: 246 Lorong Chuan
Land area: 37,216 sqm
Completed: 1985 (per EdgeProp)
Storeys: 22 (© OpenStreetMap contributors)
Submarket: Suburban
Units with a recorded sale: At least 1
Transactions on record: 2 (records start 1995)
Live listings: 2
ACRA registrations: 0

About Chuan Park

Chuan Park is a mixed-use building in Serangoon (District 19). It is located along Lorong Chuan, Singapore 556746.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.1.

The site is leasehold, with about 53 years remaining on the lease. It occupies roughly 37,216 sqm of land with about 78,153 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$764 psf. The most recent was in September 2008.

The nearest MRT is Lorong Chuan MRT, 126 m away (about a 2-minute walk). The closest bus stop (Lor Chuan Stn Exit B) is 176 m away (about a 3-minute walk).

What is Chuan Park zoned as?

Key takeawayChuan Park sits on land zoned RESIDENTIAL with a gross plot ratio of 2.1.

Land-use zone: RESIDENTIAL
Gross plot ratio: 2.1

Run the full zoning report for this building →

What has Chuan Park sold for?

Key takeaway2 transactions are on record since 1995, most recently in Sept 2008 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2008	Retail	S$464k	474 sqft	$980
Jul 2004	Retail	S$260k	474 sqft	$549

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 Chuan Park rent for?

Key takeawayNo street- or building-level rent is published here. Across District 19 retail, retail space rented at a median of $12.67 psf a month in 2026Q3, with the middle half of leases between $9.19 and $20.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 19 retail

Region band · 2026Q3

25th pct

$9.19

$98.95 psm

Median

$12.67

$136.43 psm

75th pct

$20.61

$221.82 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 19 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 Chuan Park

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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.

How fast units move at Chuan Park

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for sale.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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.

What's been approved at Chuan Park?

Key takeawayURA's planning decisions at Chuan Park since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

12 Aug 2008Approved
Additions & alterations
Relocation of a single-storey guardhouse development to the existing condominium(chuan park)

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).

What do commercial rents run near Chuan Park?

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

Indicative area yield — District 19 retail

Gross yield (area)

6.9%

6.2% net of property tax

Rent side (median of bands)

$136.43 psm/mo

2026Q3

Price side (strata, 5y)

$2,212 psf

70 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, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$63.64	$104.00	$295.24
B1 & Below · 30 & Below	$63.48	$71.43	$209.95
Level 2 & 3 · 30 & Below	$54.03	$66.41	$81.37
B1 & Below · >30 - 100	$225.40	$251.63	$339.38
Level 2 & 3 · >30 - 100	$201.18	$241.17	$307.68
Level 1 · >30 - 100	$98.95	$138.38	$262.23
Level 2 & 3 · >100 - 300	$201.65	$214.77	$221.82
B1 & Below · >100 - 300	$196.03	$234.00	$280.07

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 available at Chuan Park right now?

Key takeaway2 units are currently listed at Chuan Park. One row per unit; several agents often market the same unit.

For sale (2)

Chuan Park2 agentsS$5.04M · 1,119 sqft
chuan parkS$6.00M · 1,475 sqft

Browse every listing at this building →

What is near Chuan Park?

Key takeawayThe nearest MRT/LRT is Lorong Chuan MRT, about 126 m away — and 1 competing retail premises operate nearby.

Getting around

Lorong Chuan MRT126 m · ~2 min

Amenities nearby

Lorong Chuan MRT Exit A · 143 mMei Hwan Dr Pg · 143 mEducational Institution · 147 mLor Chuan Stn Exit B · 176 mAffinity Medical Clinic · 315 mPlace Of Worship · 456 mBraddell Heights Community Club · 659 m

Competing premises nearby

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

Nex · 885 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Chuan Park

Key takeawayThe nearest station is Lorong Chuan (CC14), 126 m away — a moderately busy station, with about 18,000 taps in and out on an average weekday. 3 public car parks are within 500 m.

Foot traffic: busier than 28% of retail buildings

nearest MRT/LRT Lorong Chuan (CC14) 126 m, about 18,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 7, about 6,410 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 41,000 residents within 1 km (June 2026); 1 other mall 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

Lorong Chuan (CC14)126 m · about 18,000 weekday taps
Serangoon (NE12 / CC13)789 m · about 119,000 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 Chuan Park. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with 6,410 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 301/319 Serangoon Avenue 2 (HDB)351 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 674 car lots
Blk 321/329 Serangoon Avenue 3 (HDB)365 m
S$0.60 per half-hour at midday on a weekday · 465 car lots
Blk 238A Serangoon Avenue 2 (HDB)470 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 591 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.

Nearest URA season parking: Sunshine Terrace Area, 1.1 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Chuan Park's own car park, if it has one, and its charges are not in the open data.

Who's registered at Chuan Park?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Chuan Park as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Accommodation and food services
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.

Frequently asked questions about Chuan Park

Where is Chuan Park?⌄

Chuan Park is at 246 Lorong Chuan, Singapore 556746, in the Serangoon planning area.

What is Chuan Park zoned as?⌄

Chuan Park sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.1.

What is the tenure of Chuan Park?⌄

Chuan Park is leasehold. About 53 years remain on the lease.

What have units at Chuan Park sold for?⌄

Across 2 recorded transactions, the median price is S$764 psf. The latest was in September 2008.

What is the nearest MRT station to Chuan Park?⌄

Lorong Chuan MRT is the closest, 126 m away (about a 2-minute walk).

For agents · in the PropKaki app

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Read the figures right

Completion year: as EdgeProp states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from EdgeProp, PropKaki's submarket map, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.