CommercialCOMMERCIALConservationFreeholdDistrict 15 · Bedok

Lagun Sari Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2022
Quick Summary

Lagun Sari Building is a commercial building in District 15 · Bedok, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 3 transactions are on record since 1995, most recently in Sept 2022. 1 unit is currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Lagun Sari Building?

Key takeawayLagun Sari Building is a commercial building in District 15 · Bedok, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 15 · Bedok
Address
381 Joo Chiat Road
Land area
530 sqm
Transactions on record
3 (records start 1995)
Live listings
1
ACRA registrations
0
2

About Lagun Sari Building

Lagun Sari Building is a commercial building in Bedok (District 15). It is located along Joo Chiat Road, Singapore 427621.

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.

The site is freehold. It occupies roughly 530 sqm of land with about 1,591 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$4,730 psf. The most recent was in September 2022.

The nearest MRT is Marine Parade MRT, 619 m away (about a 10-minute walk). The closest bus stop (Aft Duku Rd) is 22 m away (about a 0-minute walk).

3

What is Lagun Sari Building zoned as?

Key takeawayLagun Sari Building 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

Run the full zoning report for this building →

4

What has Lagun Sari Building sold for?

Key takeaway3 transactions are on record since 1995, most recently in Sept 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2022RetailS$42.00M5,708 sqft$7,358
Mar 2018RetailS$27.00M5,708 sqft$4,730
Jan 2001RetailS$6.00M5,708 sqft$1,051

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 Lagun Sari Building?

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 available at Lagun Sari Building right now?

Key takeaway1 unit is currently listed at Lagun Sari Building. One row per unit; several agents often market the same unit.

For rent (1)

  • ⭐️Rare Ground Floor F&B unit for rent in Joo Chiat Road⭐️S$20k/mo · 1,988 sqft

Browse every listing at this building →

8

What is near Lagun Sari Building?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 619 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Aft Duku Rd · 23 mJoo Chiat Community Club · 89 mPlace Of Worship · 130 mJoo Chiat Medical Clinic · 192 mHotel · 249 mEducational Institution · 325 mKoon Seng Park · 349 mMarine Parade MRT Exit 3 · 559 mMarine Parade Polyclinic · 763 mParkway East Hospital · 965 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 · 259 mi12 Katong · 348 mTanesei Retailing Pte. Ltd. · 348 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Lagun Sari Building?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 Lagun Sari Building

Where is Lagun Sari Building?

Lagun Sari Building is at 381 Joo Chiat Road, Singapore 427621, in the Bedok planning area.

What is Lagun Sari Building zoned as?

Lagun Sari Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Lagun Sari Building?

Lagun Sari Building is freehold.

Is Lagun Sari Building a conserved property?

Yes. Lagun Sari Building falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Lagun Sari Building sold for?

Across 3 recorded transactions, the median price is S$4,730 psf. The latest was in September 2022.

What is the nearest MRT station to Lagun Sari Building?

Marine Parade MRT is the closest, 619 m away (about a 10-minute walk).

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