CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYConservationFreeholdDistrict 15 · Marine Parade

Joo Chiat Apartment

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

Joo Chiat Apartment is a commercial building in District 15 · Marine Parade, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 2 transactions are on record since 1995, most recently in Jan 2025. ACRA records 2 live company registrations at this address.

1

What are the key facts about Joo Chiat Apartment?

Key takeawayJoo Chiat Apartment is a commercial building in District 15 · Marine Parade, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 15 · Marine Parade
Address
328 Joo Chiat Road
Land area
1,425 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About Joo Chiat Apartment

Joo Chiat Apartment is a mixed-use property in Marine Parade (District 15). It is located along Joo Chiat Road, Singapore 427585.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold. It occupies roughly 1,425 sqm of land with about 4,274 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$2,654 psf. The most recent was in January 2025.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 760 m away (about a 12-minute walk). The closest bus stop (Marshall Lane) is 99 m away (about a 2-minute walk).

3

What is Joo Chiat Apartment zoned as?

Key takeawayJoo Chiat Apartment sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0, with conservation status.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Conservation area
Joo Chiat

Run the full zoning report for this building →

4

What has Joo Chiat Apartment sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jan 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2025RetailS$4.88M1,098 sqft$4,445
Feb 2008RetailS$958k1,109 sqft$864

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 Joo Chiat Road price?

Key takeawayAcross 67 strata sales on Joo Chiat Road in the last 5 years, the median is $1,883 psf.
Strata sales on the street (5y)
67
Street median PSF (strata)
$1,883

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

6

What do commercial rents run near Joo Chiat Apartment?

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

Indicative area yield — District 15 retail

Gross yield (area)
4.2%
3.8% net of property tax
Rent side (median of bands)
$109.64 psm/mo
2026Q2
Price side (strata, 5y)
$2,890 psf
86 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$60.00$91.67$123.00
B1 & Below · 30 & Below$75.81$109.64$243.47
Level 2 & 3 · 30 & Below$68.24$125.48$215.03
Level 4 & Above · >30 - 100$50.75$55.22$59.76
Level 1 · >30 - 100$89.55$111.66$176.50
Level 2 & 3 · >30 - 100$74.56$115.04$179.95
B1 & Below · >30 - 100$96.86$112.98$285.03
Level 1 · >100 - 300$100.81$136.47$176.70

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 near Joo Chiat Apartment?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 760 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Joo Chiat Medical Clinic · 35 mMarshall Lane · 99 mPlace Of Worship · 140 mOnan Road Green Space · 222 mEducational Institution · 247 mJoo Chiat Community Club · 268 mHotel · 298 mMarine Parade MRT Exit 3 · 722 mMarine Parade Polyclinic · 934 mParkway East Hospital · 992 m

Competing premises nearby

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

Dunman Food Centre · 80 mi12 Katong · 511 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Joo Chiat Apartment?

Key takeawayACRA records 2 live company registrations at this address, 1 of them in the last three years.
Live registrations
2
Registered last 3 years
1
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.

9

Frequently asked questions about Joo Chiat Apartment

Where is Joo Chiat Apartment?

Joo Chiat Apartment is at 328 Joo Chiat Road, Singapore 427585, in the Marine Parade planning area.

What is Joo Chiat Apartment zoned as?

Joo Chiat Apartment sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Joo Chiat Apartment?

Joo Chiat Apartment is freehold.

Is Joo Chiat Apartment a conserved property?

Yes. Joo Chiat Apartment falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Joo Chiat Apartment sold for?

Across 2 recorded transactions, the median price is S$2,654 psf. The latest was in January 2025.

What is the nearest MRT station to Joo Chiat Apartment?

Marine Parade MRT is the closest, 760 m away (about a 12-minute walk).

How many businesses are registered at Joo Chiat Apartment?

2 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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This development is also registered as the residential project Joo Chiat Apartment.

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