CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 19 · Hougang

Hougang Green Shopping Mall

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2025
Quick Summary

Hougang Green Shopping Mall is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. It is leasehold with roughly 67 years remaining. 23 transactions are on record since 1995, most recently in Apr 2025. 4 units are currently listed for sale or rent. ACRA records 69 live company registrations at this address.

1

What are the key facts about Hougang Green Shopping Mall?

Key takeawayHougang Green Shopping Mall is a commercial building in District 19 · Hougang, zoned COMMERCIAL & RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 19 · Hougang
Address
21 Hougang Street 51
Land area
16,514 sqm
Transactions on record
23 (records start 1995)
Live listings
4
ACRA registrations
69
2

About Hougang Green Shopping Mall

Hougang Green Shopping Mall is a commercial building in Hougang (District 19). It is located along Hougang Street 51, Singapore 538719.

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

The site is leasehold, with about 67 years remaining on the lease. It occupies roughly 16,514 sqm of land.

23 transactions have been recorded here, at a median of S$2,440 psf. The most recent was in April 2025.

69 businesses are currently registered at this address with ACRA.

The nearest MRT is Buangkok MRT, 707 m away (about a 11-minute walk). The closest bus stop (Hougang G. Shop Mall) is 66 m away (about a 1-minute walk).

3

What is Hougang Green Shopping Mall zoned as?

Key takeawayHougang Green Shopping Mall sits on land zoned COMMERCIAL & RESIDENTIAL.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation

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 Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 9,899 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Hougang Green Shopping Mall sold for?

Key takeawayAcross 23 recorded transactions since 1995, the median price is about S$850k, most recently in Apr 2025.
DateUsePriceAreaPSF
Apr 2025RetailS$16.00M3,606 sqft$4,437
Feb 2025RetailS$17.30M4,015 sqft$4,309
Sept 2023OfficeS$1.15M269 sqft$4,274
Mar 2021RetailS$11.50M3,606 sqft$3,189
Mar 2019OfficeS$958k269 sqft$3,560
Feb 2019RetailS$1.10M269 sqft$4,088
Feb 2018OfficeS$1.06M366 sqft$2,896
Oct 2015RetailS$850k269 sqft$3,159
Nov 2012RetailS$1.45M366 sqft$3,962
Dec 2011RetailS$1.09M398 sqft$2,737

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.

5

How does Hougang Street 51 price?

Strata sales on the street (5y)
3

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Hougang Green Shopping Mall?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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

What is available at Hougang Green Shopping Mall right now?

Key takeaway4 units are currently listed at Hougang Green Shopping Mall3 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (3)

  • Hougang Green Shopping Mall2 agentsS$1.70M · 269 sqft
  • Rare Rare Rare Hougang Green Mall2 agentsS$2.85M · 624 sqft
  • Hougang Green Shopping MallS$2.00M · 398 sqft

For rent (1)

  • Hougang Green Shopping Mall2 agentsS$4k/mo · 180 sqft

Browse every listing at this building →

8

What is near Hougang Green Shopping Mall?

Key takeawayThe nearest MRT/LRT is Buangkok MRT, about 707 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Excel Family Clinic · 8 mHougang G. Shop Mall · 66 mEducational Institution · 218 mInstitute of Mental Health · 442 mPlace Of Worship · 497 mCi Yuan Community Club · 704 mBuangkok MRT A · 722 m

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 · 8 mBuangkok Hawker Centre · 678 mHougang Mall · 1.0 km

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Hougang Green Shopping Mall?

Key takeawayACRA records 69 live company registrations at this address, 12 of them in the last three years.
Live registrations
69
Registered last 3 years
12
Most common type
Local Company

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.

10

What is Hougang Green Shopping Mall's BCA building profile?

BCA building type
Retail
Green Mark
NA (NA)
Energy use intensity
448 kWh/m²·yr
11

Frequently asked questions about Hougang Green Shopping Mall

Where is Hougang Green Shopping Mall?

Hougang Green Shopping Mall is at 21 Hougang Street 51, Singapore 538719, in the Hougang planning area.

What is Hougang Green Shopping Mall zoned as?

Hougang Green Shopping Mall sits on land zoned commercial & residential under the URA Master Plan.

What is the tenure of Hougang Green Shopping Mall?

Hougang Green Shopping Mall is leasehold. About 67 years remain on the lease.

What have units at Hougang Green Shopping Mall sold for?

Across 23 recorded transactions, the median price is S$2,440 psf. The latest was in April 2025.

What is the nearest MRT station to Hougang Green Shopping Mall?

Buangkok MRT is the closest, 707 m away (about a 11-minute walk).

How many businesses are registered at Hougang Green Shopping Mall?

69 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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