CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 19 · Hougang

Hougang Plaza

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2012
Quick Summary

Hougang Plaza is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 64 years remaining. 6 transactions are on record since 1995, most recently in May 2012. 20 units are currently listed for sale or rent. ACRA records 14 live company registrations at this address.

1

What are the key facts about Hougang Plaza?

Key takeawayHougang Plaza is a commercial building in District 19 · Hougang, zoned COMMERCIAL & RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Leasehold
District / Area
District 19 · Hougang
Address
1189 Upper Serangoon Road
Land area
5,300 sqm
Transactions on record
6 (records start 1995)
Live listings
20
ACRA registrations
14
2

About Hougang Plaza

Hougang Plaza is a commercial building in Hougang (District 19). It is located along Upper Serangoon Road, Singapore 534785.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.

The site is leasehold, with about 64 years remaining on the lease. It occupies roughly 5,300 sqm of land with about 16,838 sqm of gross floor area.

6 transactions have been recorded here, at a median of S$1,750 psf. The most recent was in May 2012.

14 businesses are currently registered at this address with ACRA.

The nearest MRT is Hougang MRT, 311 m away (about a 5-minute walk). The closest bus stop (The Midtown) is 69 m away (about a 1-minute walk).

3

What is Hougang Plaza zoned as?

Key takeawayHougang Plaza sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has Hougang Plaza sold for?

Key takeaway6 transactions are on record since 1995, most recently in May 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2012RetailS$119.11M70,095 sqft$1,699
Apr 2006RetailS$1.30M463 sqft$2,809
Mar 2006RetailS$3.95M1,819 sqft$2,171
Apr 2005RetailS$5.68M3,154 sqft$1,800
Apr 2005RetailS$20.12M52,044 sqft$387
Mar 1997RetailS$6.85M7,384 sqft$928

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 Upper Serangoon Road price?

Key takeawayAcross 24 strata sales on Upper Serangoon Road in the last 5 years, the median is $2,071 psf.
Strata sales on the street (5y)
24
Street median PSF (strata)
$2,071

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

6

What do commercial rents run near Hougang Plaza?

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 Plaza right now?

Key takeaway20 units are currently listed at Hougang Plaza14 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (14)

  • The MidTownS$1.45M · 334 sqft
  • The MidTownS$2.00M · 764 sqft
  • The MidTownS$1.90M · 732 sqft
  • The MidTown2 agentsS$1.50M · 334 sqft

For rent (6)

  • The MidTown2 agentsS$5k/mo · 731 sqft
  • The MidTownS$6k/mo · 767 sqft
  • The MidTownS$6k/mo · 767 sqft
  • The MidTownS$6k/mo · 796 sqft

Browse every listing at this building →

8

What is near Hougang Plaza?

Key takeawayThe nearest MRT/LRT is Hougang MRT, about 311 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Educational Institution · 43 mTrucare Medical And Surgery (Hougang) · 44 mThe Midtown · 69 mHougang MRT Exit B · 274 mJln Naung Pg · 287 mPlace Of Worship · 429 mPunggol Community Club · 539 mHougang Polyclinic · 687 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 149 mHougang Mall · 246 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Hougang Plaza?

Key takeawayACRA records 14 live company registrations at this address, 5 of them in the last three years.
Live registrations
14
Registered last 3 years
5
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

Frequently asked questions about Hougang Plaza

Where is Hougang Plaza?

Hougang Plaza is at 1189 Upper Serangoon Road, Singapore 534785, in the Hougang planning area.

What is Hougang Plaza zoned as?

Hougang Plaza sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Hougang Plaza?

Hougang Plaza is leasehold. About 64 years remain on the lease.

What have units at Hougang Plaza sold for?

Across 6 recorded transactions, the median price is S$1,750 psf. The latest was in May 2012.

What is the nearest MRT station to Hougang Plaza?

Hougang MRT is the closest, 311 m away (about a 5-minute walk).

How many businesses are registered at Hougang Plaza?

14 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.

For agents · in the PropKaki app

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This development is also registered as the residential project Hougang Plaza.

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