CommercialRESIDENTIALFreeholdDistrict 20 · Ang Mo Kio

Happy Estate

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2005
Quick Summary

Happy Estate is a commercial building in District 20 · Ang Mo Kio, on land zoned RESIDENTIAL under the URA Master Plan. It is freehold. 4 transactions are on record since 1995, most recently in Dec 2005. ACRA records 0 live company registrations at this address.

1

What are the key facts about Happy Estate?

Key takeawayHappy Estate is a commercial building in District 20 · Ang Mo Kio, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
Landed housing area
Tenure
Freehold
District / Area
District 20 · Ang Mo Kio
Address
8 Thomson Hill
Land area
323 sqm
Completed
Not on record
Storeys
Not on record
Submarket
Suburban
Transactions on record
4 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Happy Estate

Happy Estate is a mixed-use estate in Ang Mo Kio (District 20). It is located along Thomson Hill, Singapore 574787.

Under the URA Master Plan it sits on land zoned residential.

The site is freehold. It occupies roughly 323 sqm of land with about 424 sqm of gross floor area.

4 transactions have been recorded here, at a median of S$728 psf. The most recent was in December 2005.

The nearest MRT is Mayflower MRT, 734 m away (about a 12-minute walk). The closest bus stop (Opp Horizon Gdns) is 287 m away (about a 4-minute walk).

3

What is Happy Estate zoned as?

Key takeawayHappy Estate sits on land zoned RESIDENTIAL.
Land-use zone
RESIDENTIAL
Gross plot ratio
Landed housing area

URA has not published a fixed plot ratio for this site — the Master Plan records "LND" (Landed housing area), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Happy Estate sold for?

Key takeaway4 transactions are on record since 1995, most recently in Dec 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2005Shop HouseS$735k958 sqft$767
Dec 2001Shop HouseS$750k958 sqft$783
Apr 1998Shop HouseS$600k958 sqft$626
Jul 1995Shop HouseS$660k958 sqft$689

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

5

What does space at Happy Estate rent for?

Key takeawayNo street- or building-level rent is published here. Across District 20 retail, retail space rented at a median of $21.19 psf a month in 2026Q3, with the middle half of leases between $12.24 and $31.36. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 20 retail

Region band · 2026Q3
25th pct
$12.24
$131.79 psm
Median
$21.19
$228.09 psm
75th pct
$31.36
$337.60 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 20 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).

6

Market context around Happy Estate

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.

7

What do commercial rents run near Happy Estate?

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

Indicative area yield — District 20 retail

Gross yield (area)
7.3%
6.5% net of property tax
Rent side (median of bands)
$228.09 psm/mo
2026Q3
Price side (strata, 5y)
$3,493 psf
20 sales

An INDICATIVE AREA yield for District 20 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 20 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$133.15$188.46$400.81
B1 & Below · 30 & Below$619.37$706.67$790.91
B1 & Below · >30 - 100$297.17$316.52$350.31
Level 1 · >30 - 100$70.71$96.43$227.01
Level 2 & 3 · >30 - 100$130.42$267.72$324.88
Level 1 · >100 - 300$68.64$87.36$129.01

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 Happy Estate?

Key takeawayThe nearest MRT/LRT is Mayflower MRT, about 734 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Thomson Walk Pg · 71 mHealthcare AMK Medical Clinic · 148 mEducational Institution · 210 mOpp Horizon Gdns · 287 mPlace Of Worship · 573 mMayflower MRT Exit 2 · 633 mAng Mo Kio - Thye Hua Kwan Hospital · 1.3 km

Competing premises nearby

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

Cold Storage Singapore (1983) Pte Ltd · 416 mSembawang Hills Food Centre · 524 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Happy Estate

Key takeawayThe nearest station is Mayflower (TE6), 633 m away — a moderately busy station, with about 27,000 taps in and out on an average weekday. 5 public car parks are within 500 m.
Foot traffic: busier than 7% of retail buildings

nearest MRT/LRT Mayflower (TE6) 633 m, about 27,000 taps a weekday; bus stops within 400 m: 5, about 2,053 taps a weekday; Ang Mo Kio: 48,180 resident workers (Census 2020, by workplace); about 35,000 residents within 1 km (June 2026); 0 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

  • Mayflower (TE6)633 m · about 27,000 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 Happy Estate. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 2,053 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Jln Gelenggang (URA)384 m
    S$0.60 per half-hour at midday on a weekday · 9 car lots
  • Jln Kuras Off St (URA)440 m
    S$0.60 per half-hour at midday on a weekday · 52 car lots
  • Casuarina Rd (URA)441 m
    S$0.60 per half-hour at midday on a weekday · 10 car lots
  • Jln Kuras (URA)449 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Old Upp Thomson Rd Off St (URA)456 m
    S$0.60 per half-hour at midday on a weekday · 16 car lots

Nearest URA season parking: Casuarina Road Area, 506 m away, S$90/month.

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

10

How many companies are registered at Happy Estate?

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 Happy Estate

Where is Happy Estate?⌄

Happy Estate is at 8 Thomson Hill, Singapore 574787, in the Ang Mo Kio planning area.

What is Happy Estate zoned as?⌄

Happy Estate sits on land zoned residential under the URA Master Plan.

What is the tenure of Happy Estate?⌄

Happy Estate is freehold.

What have units at Happy Estate sold for?⌄

Across 4 recorded transactions, the median price is S$728 psf. The latest was in December 2005.

What is the nearest MRT station to Happy Estate?⌄

Mayflower MRT is the closest, 734 m away (about a 12-minute walk).

For agents · in the PropKaki app

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