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Commercial215 buildingsPlanning area

Commercial buildings in Toa Payoh

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

PropKaki tracks 215 commercial buildings in Toa Payoh. Most sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, with RESIDENTIAL next. Across 27 recorded transactions in the last 5 years, the median price is about S$637k (S$1,616 psf). 167 units are listed for sale and 157 for rent.

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1

Which commercial buildings are in Toa Payoh?

Key Takeaway

215 buildings are tracked in Toa Payoh — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

2

What do commercial properties in Toa Payoh sell for?

Key Takeaway

Across 27 recorded transactions in the last 5 years, the median price is about S$637k (S$1,616 psf) — 6 deals of those in the last 12 months.

Transactions (12m)

6

URA/JTC records

Transactions (5y)

27

URA/JTC records

Median price (5y)

S$637k

last 5 years

Median PSF (5y)

S$1,616 psf

strata & land mix

Use typeTransactionsMedian PSF
Retail19S$1,616 psf
Shop House6—
Office2—

Only 27 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 Toa Payoh?

Key Takeaway

167 units are listed for sale and 157 for rent in Toa Payoh, one row per unit.

For sale

167

deduplicated units

For rent

157

deduplicated units

Browse rentals in Toa Payoh → · Browse sales →

4

What are the most recent commercial deals in Toa Payoh?

Key Takeaway

The latest recorded deal in Toa Payoh closed in Jul 2026 at S$2.05M (The Venue Shoppes).

DatePropertyUsePricePSF
Jul 2026The Venue ShoppesRetailS$2.05M$3,341
Jul 2026The Venue ShoppesRetailS$3.19M$3,325
Mar 2026The Commerze@IrvingRetailS$489k$1,135
Jan 2026The Commerze@IrvingRetailS$549k$1,500
Dec 2025The Commerze@IrvingRetailS$550k$1,345
Aug 2025The Commerze@IrvingRetailS$400k$1,616
Jul 2025N.a.RetailS$4.50M$3,344
Mar 2025N.a.Shop HouseS$2.60M$1,813

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

5

What do retail rents run in Toa Payoh?

Key Takeaway

URA's contracted-rent percentiles for District 13 (2026Q2) — the benchmark an asking rent in Toa Payoh should be weighed against.

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$96.43$132.14$132.74
B1 & Below · >30 - 100$241.66$262.57$319.75
Level 1 · >30 - 100$111.50$161.47$183.00
Level 2 & 3 · >100 - 300$146.63$153.35$165.46
Level 1 · >100 - 300$98.20$129.67$136.10

$ psm/month, URA REALIS rental contracts. District 13is 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 Toa Payoh zoned as?

Key Takeaway

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

RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 32RESIDENTIAL · 17BUSINESS 1 - WHITE · 2COMMERCIAL · 2HOTEL · 1CIVIC & COMMUNITY INSTITUTION · 1BUSINESS 1 · 1
7

Frequently asked questions

Which commercial buildings are in Toa Payoh?⌄

PropKaki tracks 215 commercial buildings in Toa Payoh, including The Commerze@Irving, Macpherson Mall, The Venue Shoppes, Tai Seng Point, 167 Macpherson Road.

What do commercial properties in Toa Payoh sell for?⌄

Across 27 recorded transactions in the last 5 years, the median price is about S$637k (S$1,616 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is commercial land in Toa Payoh zoned as?⌄

Of the tracked buildings in Toa Payoh, 32 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, 17 sit on RESIDENTIAL land, 2 sit on BUSINESS 1 - WHITE land, 2 sit on COMMERCIAL land under the URA Master Plan.

Are there commercial units for sale or rent in Toa Payoh?⌄

Yes — 167 units for sale and 157 units for rent are currently listed in Toa Payoh 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.

PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.

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