CommercialFreeholdDistrict 21 · Clementi

Clementi Park Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 1997
Quick Summary

Clementi Park Shopping Centre is a commercial building in District 21 · Clementi. It is freehold. 1 transaction is on record since 1995, most recently in Jun 1997. ACRA records 0 live company registrations at this address.

1

What are the key facts about Clementi Park Shopping Centre?

Key takeawayClementi Park Shopping Centre is a commercial building in District 21 · Clementi, held freehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 21 · Clementi
Address
57 Sunset Way
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Clementi Park Shopping Centre

Clementi Park Shopping Centre is a commercial building in Clementi (District 21). It is located along Sunset Way.

The site is freehold.

1 transaction has been recorded here, at a median of S$2,866 psf. The most recent was in June 1997.

3

What has Clementi Park Shopping Centre sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 1997 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 1997RetailS$3.36M1,173 sqft$2,866

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

4

What does space at Clementi Park Shopping Centre rent for?

Key takeawayNo rent is published for Clementi Park Shopping Centre itself. On its street, Sunset Way, retail space rented at a median of $6.69 psf a month in 2021Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Sunset Way

Street level · 2021Q3
25th pct
—
— psm
Median
$6.69
$72.03 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

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).

Retail space — District 21 retail

Region band · 2026Q3
25th pct
$6.85
$73.69 psm
Median
$9.06
$97.54 psm
75th pct
$12.39
$133.41 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 21 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 Clementi Park Shopping Centre

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

What's been approved at Clementi Park Shopping Centre?

Key takeawayURA's planning decisions at Clementi Park Shopping Centre 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.
  1. 31 Jul 2000Renewed
    Continued use as confectionery-cum-bakery

    Continued use of the 1st storey shop as confectionery-cum-bakery

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).

7

What do commercial rents run near Clementi Park Shopping Centre?

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

Indicative area yield — District 21 retail

Gross yield (area)
3.4%
3.1% net of property tax
Rent side (median of bands)
$97.54 psm/mo
2026Q3
Price side (strata, 5y)
$3,167 psf
78 sales

An INDICATIVE AREA yield for District 21 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 21 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 4 & Above · 30 & Below$75.00$95.93$296.05
B1 & Below · 30 & Below$129.54$130.87$131.18
Level 2 & 3 · 30 & Below$72.37$91.30$135.64
Level 1 · 30 & Below$116.15$117.71$140.36
Level 2 & 3 · >30 - 100$81.25$90.65$96.86
Level 1 · >30 - 100$71.20$99.14$117.50
B1 & Below · >30 - 100$69.66$112.84$146.06
Level 1 · >100 - 300$71.86$89.37$105.73

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

How many companies are registered at Clementi Park Shopping Centre?

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.

9

Frequently asked questions about Clementi Park Shopping Centre

Where is Clementi Park Shopping Centre?⌄

Clementi Park Shopping Centre is at 57 Sunset Way, in the Clementi planning area.

What is the tenure of Clementi Park Shopping Centre?⌄

Clementi Park Shopping Centre is freehold.

What have units at Clementi Park Shopping Centre sold for?⌄

Across 1 recorded transaction, the median price is S$2,866 psf. The latest was in June 1997.

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