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
53 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 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.

7

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.

8

Frequently asked questions about Clementi Park Shopping Centre

Where is Clementi Park Shopping Centre?⌄

Clementi Park Shopping Centre is at 53 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on Clementi Park Shopping Centre.

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

PropKaki
Tell me about Clementi Park Shopping Centre — 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…