Commercial999-year leaseholdDistrict 5 · Clementi

Hong Leong Garden Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 1999
Quick Summary

Hong Leong Garden Shopping Centre is a commercial building in District 5 · Clementi. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Oct 1999. ACRA records 0 live company registrations at this address.

1

What are the key facts about Hong Leong Garden Shopping Centre?

Key takeawayHong Leong Garden Shopping Centre is a commercial building in District 5 · Clementi, held 999-year leasehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
999-year leasehold
District / Area
District 5 · Clementi
Address
162 West Coast 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 Hong Leong Garden Shopping Centre

Hong Leong Garden Shopping Centre is a commercial estate in Clementi (District 05). It is located along West Coast Way, Singapore 127078.

The site is 999-year leasehold, with about 858 years remaining on the lease.

1 transaction has been recorded here, at a median of S$594 psf. The most recent was in October 1999.

3

What has Hong Leong Garden Shopping Centre sold for?

Key takeaway1 transaction is on record since 1995, most recently in Oct 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 1999OfficeS$230k388 sqft$594

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 Hong Leong Garden Shopping Centre rent for?

Key takeawayNo street- or building-level rent is published here. Across District 5 retail, retail space rented at a median of $11.04 psf a month in 2026Q3, with the middle half of leases between $7.45 and $15.35. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 5 retail

Region band · 2026Q3
25th pct
$7.45
$80.17 psm
Median
$11.04
$118.89 psm
75th pct
$15.35
$165.18 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 5 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 Hong Leong Garden 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 Hong Leong Garden Shopping Centre?

Key takeawayURA has approved 1 change of use at Hong Leong Garden Shopping Centre since 2000, most recently in 2005. 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. 4 Aug 2005Approved
    Change of use: shop → confectionery

    Propose change of use of the 1st storey from shop to confectionery

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 Hong Leong Garden 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 5 retail

Gross yield (area)
5.9%
5.3% net of property tax
Rent side (median of bands)
$118.89 psm/mo
2026Q3
Price side (strata, 5y)
$2,263 psf
32 sales

An INDICATIVE AREA yield for District 5 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 5 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$50.00$57.14$376.27
Level 1 · 30 & Below$56.83$66.67$120.03
Level 2 & 3 · >30 - 100$90.07$125.08$160.38
Level 1 · >30 - 100$70.27$112.69$126.27
Level 1 · >100 - 300$108.14$129.44$203.65
Level 2 & 3 · >100 - 300$116.31$143.20$169.97

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 Hong Leong Garden 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 Hong Leong Garden Shopping Centre

Where is Hong Leong Garden Shopping Centre?⌄

Hong Leong Garden Shopping Centre is at 162 West Coast Way, Singapore 127078, in the Clementi planning area.

What is the tenure of Hong Leong Garden Shopping Centre?⌄

Hong Leong Garden Shopping Centre is 999-year leasehold. About 858 years remain on the lease.

What have units at Hong Leong Garden Shopping Centre sold for?⌄

Across 1 recorded transaction, the median price is S$594 psf. The latest was in October 1999.

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