PropKaki
Commercial186 buildingsPlanning area

Serangoon Office & Commercial Property

Reviewed by Nathan TangUpdated 24 September 2026
Quick Summary

PropKaki tracks 186 commercial buildings in Serangoon. Most sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, with RESIDENTIAL next. Across 20 recorded transactions in the last 5 years, the median price is about S$3.33M (S$2,424 psf). 46 units are listed for sale and 106 for rent.

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1

Which commercial buildings are in Serangoon?

Key Takeaway

186 buildings are tracked in Serangoon — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

All 186 commercial buildings in Serangoon, A–Z
2

What do commercial properties in Serangoon sell for?

Key Takeaway

Across 20 recorded transactions in the last 5 years, the median price is about S$3.33M (S$2,424 psf) — 4 deals of those in the last 12 months.

Transactions (12m)

4

URA/JTC records

Transactions (5y)

20

URA/JTC records

Median price (5y)

S$3.33M

last 5 years

Median PSF (5y)

S$2,424 psf

strata & land mix

Use typeTransactionsMedian PSF
Shop House13S$2,089 psf
Retail7—

Only 20 transactions in the last 5 years for this scope. Treat as indicative at best; widen the area or the use type for a firmer read.

3

What is for sale or rent in Serangoon?

Key Takeaway

46 units are listed for sale and 106 for rent in Serangoon, one row per unit.

For sale

46

deduplicated units

For rent

106

deduplicated units

Browse rentals in Serangoon → · Browse sales →

4

What are the most recent commercial deals in Serangoon?

Key Takeaway

The latest recorded deal in Serangoon closed in Jun 2026 at S$15.00M (Serangoon Garden Estate).

DatePropertyUsePricePSF
Jun 2026Serangoon Garden EstateShop HouseS$15.00M$6,989
Mar 2026N.a.Shop HouseS$3.35M$2,089
Nov 2025Space @ KovanRetailS$1.00M$3,204
Nov 2025Seletar Hills EstateShop HouseS$5.50M$1,651
Mar 2025N.a.Shop HouseS$3.00M$1,215
Nov 2024Serangoon Garden EstateShop HouseS$4.00M$1,725
Mar 2024Space @ KovanRetailS$531k$1,973
Nov 2023Space @ KovanRetailS$608k$2,567

The latest recorded URA/JTC deals in Serangoon. Strata and land deals mix in one list — their PSF is not comparable.

5

What do retail rents run in Serangoon?

Key Takeaway

URA's contracted-rent percentiles for District 19 (2026Q2) — the benchmark an asking rent in Serangoon should be weighed against.

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

$ psm/month, URA REALIS rental contracts. District 19 is where most of this area's recent deals sit — a district benchmark, not a rent for any particular unit. Retail only; office rents are dimensioned by URA location, not district.

6

What is commercial land in Serangoon zoned as?

Key Takeaway

Most tracked buildings in Serangoon sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, followed by RESIDENTIAL (URA Master Plan).

RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 27RESIDENTIAL · 17COMMERCIAL · 11COMMERCIAL & RESIDENTIAL · 3
7

Frequently asked questions

Which commercial buildings are in Serangoon?⌄

PropKaki tracks 186 commercial buildings in Serangoon, including Space @ Kovan, Seletar Hills Estate, Serangoon Park, Seletar Hills Estate, Seletar Hills Estate.

What do commercial properties in Serangoon sell for?⌄

Across 20 recorded transactions in the last 5 years, the median price is about S$3.33M (S$2,424 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is commercial land in Serangoon zoned as?⌄

Of the tracked buildings in Serangoon, 27 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, 17 sit on RESIDENTIAL land, 11 sit on COMMERCIAL land, 3 sit on COMMERCIAL & RESIDENTIAL land under the URA Master Plan.

Are there commercial units for sale or rent in Serangoon?⌄

Yes — 46 units for sale and 106 units for rent are currently listed in Serangoon across the commercial portals, deduplicated to one row per unit.

For agents · in the PropKaki app

Found the unit? Now check the asking price against the evidence.

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Is $6.50 psf a fair monthly rent for a B1 factory unit in Ubi?

Ubi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.

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