CommercialCOMMERCIALConservationDistrict 15 · Marine Parade

Jk Centre

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

Jk Centre is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. 14 units are currently listed for sale or rent. ACRA records 11 live company registrations at this address.

The facts are here — now get the verdict on Jk Centre.

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What are the key facts about Jk Centre?

Key takeawayJk Centre is a commercial building in District 15 · Marine Parade, zoned COMMERCIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 3.0
Tenure: Not on record
District / Area: District 15 · Marine Parade
Address: 291 Joo Chiat Road
Land area: 789 sqm
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Listed as: Office
Transactions on record: None recorded
Live listings: 14
ACRA registrations: 11

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Jk Centre

Jk Centre is a commercial building in Marine Parade (District 15). It is located along Joo Chiat Road, Singapore 427543.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

It occupies roughly 789 sqm of land with about 2,366 sqm of gross floor area.

47 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 844 m away (about a 13-minute walk). The closest bus stop (Aft Koon Seng Rd) is 132 m away (about a 2-minute walk). i12 Katong is 588 m away (about a 9-minute walk).

What is Jk Centre zoned as?

Key takeawayJk Centre sits on land zoned COMMERCIAL with a gross plot ratio of 3.0, with conservation status.

Land-use zone: COMMERCIAL
Gross plot ratio: 3.0
Conservation area: Joo Chiat

BCA-verified envelope: allowable GFA 2,367 sqm · built 1,253 sqm · headroom 1,114 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 →

What does space at Jk Centre rent for?

Key takeawayNo rent is published for Jk Centre itself. On its street, Joo Chiat Road, retail space rented at a median of $5.56 psf a month in 2026Q3, with the middle half of leases between $3.85 and $6.47. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Joo Chiat Road

Street level · 2026Q3

25th pct

$3.85

$41.47 psm

Median

$5.56

$59.88 psm

75th pct

$6.47

$69.67 psm

S$ per sq ft per month

2023Q1 · $71.81 psm2026Q3 · $59.88 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on Joo Chiat Road

Street level · 2026Q3

25th pct

$5.17

$55.63 psm

Median

$5.52

$59.38 psm

75th pct

$6.19

$66.65 psm

S$ per sq ft per month · median -0.4% on a year earlier

2023Q4 · $68.64 psm2026Q3 · $59.38 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 15 retail

Region band · 2026Q3

25th pct

$7.55

$81.29 psm

Median

$9.14

$98.41 psm

75th pct

$14.01

$150.81 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 15 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).

Market context around Jk Centre

Key takeawayBrokers' retail figures for this part of Singapore — 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

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.

How fast units move at Jk Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 9 units for rent; 5 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 5 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Jk Centre?

Key takeawayURA has approved 3 changes of use at Jk Centre since 2000, most recently in 2025, and refused 1. 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.

26 Jun 2025ApprovedFloor 2
Change of use to expansion to #02-xx to #02-xx
Proposed change of use of #02-XX to #02-XX (as an expansion to #02-XX to #02-XX) to student care and enrichment centre
26 Jun 2025RenewedFloor 2
Continued use as student care & enrichment centre
Continued use of #02-XX to #02-XX (24 units) as student care & enrichment centre
3 Jul 2023RenewedFloor 2
Continued use as student care & enrichment centre
Continued use of #02-XX to #02-XX (24 units) as student care & enrichment centre
20 Aug 2021ApprovedFloor 2
Change of use to student care & enrichment centre
Proposed change of use of #02-XX to #02-XX to student care & enrichment centre
26 Aug 2020Refused
Change of use: office → residential units – jk centre
Proposed change of use of 3rd to 5th storey (15 units) from office to residential units – jk centre
9 Apr 2019Refused
Additions & alterations
Outline planning permission for proposed change of use from existing commercial use at shop units no. 6 - no. 29 at 2nd storey of the existing 5-storey commercial building to temporary backpacker hostel use on mk29 lot 96552c at 291 joo chiat road
2 Oct 2012ApprovedFloor 2
Change of use to commercial shool/tuition centre
Change of use of units #02-XX & #02-XX to commercial shool/tuition centre at jk centre
19 Oct 2010Approved
Additions & alterations
Proposed additions & alterations to existing 2-storey conservation shophouses involving a rear 5-storey extension with carparks at 1st storey, shops (total 23 units) at 1st & 2nd storey and offices (total 15 units) at 3rd to 5th storey

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).

How does Joo Chiat Road price?

Key takeawayAcross 63 strata sales on Joo Chiat Road in the last 5 years, the median is $1,931 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$1,931

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

What do commercial rents run near Jk 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 15 retail

Gross yield (area)

3.7%

3.3% net of property tax

Rent side (median of bands)

$98.41 psm/mo

2026Q3

Price side (strata, 5y)

$2,956 psf

85 sales

An INDICATIVE AREA yield for District 15 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 15 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$121.08	$139.73	$241.82
Level 1 · 30 & Below	$69.23	$85.38	$86.21
Level 2 & 3 · 30 & Below	$47.87	$67.50	$87.18
Level 1 · >30 - 100	$73.94	$87.91	$101.01
Level 2 & 3 · >30 - 100	$57.08	$76.47	$184.13
B1 & Below · >30 - 100	$88.64	$163.41	$259.82
Level 2 & 3 · >100 - 300	$93.30	$107.29	$126.41
Level 1 · >100 - 300	$69.67	$89.53	$113.56

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.

What is available at Jk Centre right now?

Key takeaway14 units are currently listed at Jk Centre — 5 for sale and 9 for rent. One row per unit; several agents often market the same unit.

For sale (5)

D15 Joo Chiat - Freehold - 100% CommercialS$16.80M · 6,400 sqft
Joo Chiat Road Corner F&B ShopS$12.50M · 2,193 sqft
Joo chiat roadS$9.50M · 3,972 sqft
Cheap! 2.5-Storey F&B Retail Shophouse For Sale in Joo Chiat RoadS$14.50M · 4,500 sqft

For rent (9)

Joo Chiat Road Ground floor unitS$9k/mo · 1,292 sqft
Joo Chiat Road ShophouseS$4k/mo · 1,200 sqft
JK Centre2 agentsS$2k/mo · 355 sqft
Joo Chiat roadS$4k/mo · 650 sqft

Browse every listing at this building →

What is near Jk Centre?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 844 m away.

Getting around

Marine Parade MRT844 m · ~13 min

Amenities nearby

Dunman Food Centre · 54 mJoo Chiat Medical Clinic · 58 mAft Koon Seng Rd · 132 mPlace Of Worship · 141 mKoon Seng Park · 165 mEducational Institution · 171 mHotel · 218 mJoo Chiat Community Club · 335 mi12 Katong · 588 mMarine Parade MRT Exit 3 · 800 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Jk Centre

Key takeawayThe nearest station is Marine Parade (TE26), 800 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 17 public car parks are within 500 m.

Foot traffic: busier than 2% of retail buildings

nearest MRT/LRT Marine Parade (TE26) 800 m, about 23,000 taps a weekday; bus stops within 400 m: 6, about 4,831 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 38,000 residents within 1 km (June 2026); 3 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Marine Parade (TE26)800 m · about 23,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Jk Centre. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 4,831 boardings and alightings on an average weekday.

Public car parks within 500 m

Dunman Rd Food Centre Off St (URA)61 m
S$0.60 per half-hour at midday on a weekday · 8 car lots
Backlane (Onan Rd - Jo O Chiat Rd) (URA)72 m
Onan Rd Off St (URA)82 m
S$0.60 per half-hour at midday on a weekday · 15 car lots
Tembeling Rd (URA)109 m
S$0.60 per half-hour at midday on a weekday · 61 car lots
Joo Chiat Rd (Changi R D - East Coast Rd) (URA)114 m
S$0.60 per half-hour at midday on a weekday · 107 car lots

Nearest URA season parking: Joo Chiat Area (Haig R Oad-Telok Kurau Road), 696 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Jk Centre's own car park, if it has one, and its charges are not in the open data.

Who's registered at Jk Centre?

Key takeaway11 live companies (and LLPs and branches; sole proprietors are not counted) list Jk Centre as their registered address. These are registered businesses, not who occupies the space.

Professional, scientific and technical services
3
Information and communications
3
Wholesale and retail trade
2
Real estate
1
Other services
1
Education
1
Transportation and storage
0
Manufacturing
0
Financial and insurance
0
Health and social services
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

What is Jk Centre's BCA building profile?

BCA building type: Retail
Green Mark: NA (NA)
Energy use intensity: 482 kWh/m²·yr

Frequently asked questions about Jk Centre

Where is Jk Centre?⌄

Jk Centre is at 291 Joo Chiat Road, Singapore 427543, in the Marine Parade planning area.

What is Jk Centre zoned as?⌄

Jk Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

Is Jk Centre a conserved property?⌄

Yes. Jk Centre falls within a URA conservation area, so external works are subject to conservation guidelines.

Have there been any recorded transactions at Jk Centre?⌄

No caveats have been lodged for Jk Centre in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Jk Centre?⌄

Marine Parade MRT is the closest, 844 m away (about a 13-minute walk).

How many businesses are registered at Jk Centre?⌄

47 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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Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.