CommercialCOMMERCIALLeaseholdDistrict 23 · Choa Chu Kang

Lot One Shoppers' Mall

Reviewed by Nathan TangUpdated 8 November 2026Data through Jan 2010
Quick Summary

Lot One Shoppers' Mall is a commercial building in District 23 · Choa Chu Kang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.3. It is leasehold with roughly 66 years remaining. 2 transactions are on record since 1995, most recently in Jan 2010. 1 unit is currently listed for rent. ACRA records 5 live company registrations at this address.

1

What are the key facts about Lot One Shoppers' Mall?

Key takeawayLot One Shoppers' Mall is a commercial building in District 23 · Choa Chu Kang, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.3
Tenure
Leasehold
District / Area
District 23 · Choa Chu Kang
Address
21 Choa Chu Kang Avenue 4
Land area
8,400 sqm
Completed
Not on record
Storeys
5 (© OpenStreetMap contributors)
Owner
CapitaLand Integrated Commercial Trust (SGX filings)
Car-park lots
314 (the owner's annual report (as filed on SGX))
Submarket
Suburban
Listed as
Shop / Shophouse
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
5
2

Who owns Lot One Shoppers' Mall, and what is it valued at?

Key takeawayLot One Shoppers' Mall is owned by CapitaLand Integrated Commercial Trust, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
Lot One Shoppers’ Mall
Valued at S$584 million as at 31 Dec 2025, by Cushman & Wakefield VHS Pte. Ltd..
Lot One Shoppers’ Mall: CapitaLand Integrated Commercial Trust's annual report (2025)
Committed occupancy
100% (as of 31 Dec 2025)
Tenants
150
Car-park lots
314
Land tenure
Leasehold tenure of 99 years with effect from 1 December 1993
Green Mark
EDGE
Major tenants
FairPrice

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About Lot One Shoppers' Mall

Lot One Shoppers' Mall is a commercial building in Choa Chu Kang (District 23). It is located along Choa Chu Kang Avenue 4, Singapore 689812.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.3.

The site is leasehold, with about 66 years remaining on the lease. It occupies roughly 8,400 sqm of land with about 32,679 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$3,670 psf. The most recent was in January 2010.

10 businesses are currently registered at this address with ACRA.

The nearest MRT is Choa Chu Kang LRT, 85 m away (about a 1-minute walk). The closest bus stop (Lot 1/Choa Chu Kang Stn) is 54 m away (about a 1-minute walk).

4

What is Lot One Shoppers' Mall zoned as?

Key takeawayLot One Shoppers' Mall sits on land zoned COMMERCIAL with a gross plot ratio of 3.3.
Land-use zone
COMMERCIAL
Gross plot ratio
3.3

Run the full zoning report for this building →

5

What has Lot One Shoppers' Mall sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jan 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2010RetailS$419.84M90,421 sqft$4,643
Sept 2003RetailS$243.80M90,421 sqft$2,696

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. sqm ↔ sq ft converter

6

What does space at Lot One Shoppers' Mall rent for?

Key takeawayNo rent is published for Lot One Shoppers' Mall itself. On its street, Choa Chu Kang Avenue 4, retail space rented at a median of $28.63 psf a month in 2026Q3, with the middle half of leases between $23.51 and $57.92. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Choa Chu Kang Avenue 4

Street level · 2026Q3
25th pct
$23.51
$253.01 psm
Median
$28.63
$308.12 psm
75th pct
$57.92
$623.45 psm

S$ per sq ft per month · median -1% on a year earlier

2023Q4 · $303.70 psm2026Q3 · $308.12 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).

Retail space — District 23 retail

Region band · 2026Q3
25th pct
$22.95
$247.02 psm
Median
$23.77
$255.89 psm
75th pct
$25.51
$274.59 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 23 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).

7

Market context around Lot One Shoppers' Mall

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Suburban: Rent S$32.95 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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.

8

How fast units move at Lot One Shoppers' Mall

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.

9

What's been approved at Lot One Shoppers' Mall?

Key takeawayURA has approved 32 changes of use at Lot One Shoppers' Mall since 2000, most recently in 2025. 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.
  1. 19 May 2026Renewed
    Change of use

    Continued use of 4 carpark lots for car polishing and waxing at basement 2 of lot one shoppers' mall

  2. 12 Jan 2026Approved
    Additions & alterations

    Proposed amendment and regularisaton of gfa for approved additions and alterations to the existing lot one shoppers' mall on lot 01707l mk11 at no 21 choa chu kang avenue 4 (choa chu kang planning area)

  3. 9 Sept 2025ApprovedFloor 4
    Change of use to amusement centre

    Proposed change of use of unit #04-XX to amusement centre at lot one, shoppers' mall

  4. 3 Sept 2025Approved
    Additions & alterations

    Proposed additions and alterations to the existing lot one shoppers' mall on lot 01707l mk11 at no 21 choa chu kang avenue 4

  5. 3 Jun 2025ApprovedFloor B1
    Change of use to takeaway foodshop

    Proposed change of use of unit #B1-XX to takeaway foodshop at lot one shoppers' mall

  6. 8 Nov 2024ApprovedFloor 2
    Change of use to restaurant

    Proposed change of use of units #02-XX & #02-XX to restaurant (as an expansion to existing restaurant unit #02-XX) at lot one shoppers' mall

  7. 31 May 2024Approved
    Change of use to retail kiosk

    Proposed change of use of part 2nd storey corridor to retail kiosk (unit #02-XX) at lot one shoppers' mall

  8. 25 Apr 2023Approved
    Change of use

    Proposed change of use of 4 carpark lots for car polishing and waxing at basement 2 of lot one shoppers' mall

  9. 5 Jan 2023Approved
    Additions & alterations

    Proposed additions and alterations to the existing lot one shoppers' mall on lot 01707l mk11 at no 21 choa chu kang avenue 4 (choa chu kang planning area)

  10. 8 Mar 2022ApprovedFloor 4
    Change of use to form part of units #04-xx and #04-xx and change of use of units #04-xx and #04-xx

    Proposed change of use of part of 4th storey corridor space to form part of units #04-XX and #04-XX and change of use of units #04-XX and #04-XX to shop (take-away foodshop) at lot one shoppers' mall

  11. 19 Jan 2022Approved
    Change of use to restaurant as an extension to existing restaurant

    Proposed change of use of part of 3rd storey circulation corridor to restaurant as an extension to existing restaurant at unit #03-XX at lot one shoppers' mall

  12. 9 Jun 2021ApprovedFloor 3
    Change of use to betting outlet

    Proposed change of use of shop unit #03-XX to betting outlet at lot one shoppers' mall

53 earlier change-of-use and A&A decisions are on record since 2000.

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).

10

What do commercial rents run near Lot One Shoppers' Mall?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 23 retail

Gross yield (area)
9.6%
8.6% net of property tax
Rent side (median of bands)
$255.89 psm/mo
2026Q3
Price side (strata, 5y)
$2,984 psf
11 sales

An INDICATIVE AREA yield for District 23 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 23 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$301.00$351.50$421.39
Level 1 · 30 & Below$337.00$386.49$398.56
Level 4 & Above · >30 - 100$247.02$248.59$265.90
Level 1 · >30 - 100$146.69$255.89$274.59
B1 & Below · >30 - 100$312.82$320.00$323.19
Level 2 & 3 · >30 - 100$168.47$207.40$244.22
Level 1 · >100 - 300$87.55$123.10$164.64

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.

11

What is available at Lot One Shoppers' Mall right now?

Key takeaway1 unit is currently listed at Lot One Shoppers' Mall. One row per unit; several agents often market the same unit.

For rent (1)

  • Choa Chu Kang Avenue 4S$5k/mo · 775 sqft

Browse every listing at this building →

12

What is near Lot One Shoppers' Mall?

Key takeawayThe nearest MRT/LRT is Choa Chu Kang LRT, about 85 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

RafflesMedical (Lot 1) · 37 mLot 1/Choa Chu Kang Stn · 54 mChoa Chu Kang LRT Exit E · 69 mKeat Hong Community Club · 113 mChoa Chu Kang Pk · 296 mEducational Institution · 316 mPlace Of Worship · 569 mChoa Chu Kang Polyclinic · 686 m

Competing premises nearby

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

Lot One · 27 mNTUC Fairprice Co-operative Ltd · 27 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Lot One Shoppers' Mall

Key takeawayThe nearest station is Choa Chu Kang (NS4 / BP1), 69 m away — one of the busiest stations, with about 82,000 taps in and out on an average weekday. 12 public car parks are within 500 m.
Foot traffic: busier than 92% of retail buildings

nearest MRT/LRT Choa Chu Kang (NS4/BP1) 69 m, about 82,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 11, about 70,000 taps a weekday; Choa Chu Kang: 13,144 resident workers (Census 2020, by workplace); about 74,000 residents within 1 km (June 2026); 0 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

  • Choa Chu Kang (NS4 / BP1)69 m · about 82,000 weekday taps
  • South View (BP2)529 m · 5,886 weekday taps
  • Keat Hong (BP3)835 m · 8,600 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 Lot One Shoppers' Mall. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 70,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Lot One (development car park)33 m
    rates not published as open data
  • Blk 309 Choa Chu Kang Avenue 4 (HDB)56 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.1 m · 53 car lots
  • Blk 343A Choa Chu Kang Loop (HDB)157 m
    S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 378 car lots
  • Blk 302 Choa Chu Kang Loop (HDB)220 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 81 car lots
  • Blk 302, 304-308 Choa Chu Kang Loop (HDB)258 m
    S$0.60 per half-hour at midday on a weekday

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Service Rd (Choa Chu K Ang Ave 1), 918 m away, S$90/month.

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

14

Who's registered at Lot One Shoppers' Mall?

Key takeaway5 live companies (and LLPs and branches; sole proprietors are not counted) list Lot One Shoppers' Mall as their registered address. These are registered businesses, not who occupies the space.
  • Other services
    3
  • Wholesale and retail trade
    1
  • Health and social services
    1
  • Manufacturing
    0
  • Financial and insurance
    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.

15

Frequently asked questions about Lot One Shoppers' Mall

Where is Lot One Shoppers' Mall?⌄

Lot One Shoppers' Mall is at 21 Choa Chu Kang Avenue 4, Singapore 689812, in the Choa Chu Kang planning area.

What is Lot One Shoppers' Mall zoned as?⌄

Lot One Shoppers' Mall sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.3.

What is the tenure of Lot One Shoppers' Mall?⌄

Lot One Shoppers' Mall is leasehold. About 66 years remain on the lease.

What have units at Lot One Shoppers' Mall sold for?⌄

Across 2 recorded transactions, the median price is S$3,670 psf. The latest was in January 2010.

What is the nearest MRT station to Lot One Shoppers' Mall?⌄

Choa Chu Kang LRT is the closest, 85 m away (about a 1-minute walk).

How many businesses are registered at Lot One Shoppers' Mall?⌄

10 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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