CommercialHOTELFreeholdDistrict 13 · Toa Payoh

Macpherson Mall

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2021
Quick Summary

Macpherson Mall is a commercial building in District 13 · Toa Payoh, on land zoned HOTEL under the URA Master Plan. It is freehold. 62 transactions are on record since 1995, most recently in Jun 2021. 30 units are currently listed for sale or rent. ACRA records 80 live company registrations at this address.

1

What are the key facts about Macpherson Mall?

Key takeawayMacpherson Mall is a commercial building in District 13 · Toa Payoh, zoned HOTEL, held freehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 13 · Toa Payoh
Address
401 Macpherson Road
Land area
Transactions on record
62 (records start 1995)
Live listings
30
ACRA registrations
80
2

About Macpherson Mall

Macpherson Mall is a commercial building in Toa Payoh (District 13). It is located along Macpherson Road, Singapore 368125.

Under the URA Master Plan it sits on land zoned hotel.

The site is freehold.

62 transactions have been recorded here, at a median of S$4,876 psf. The most recent was in June 2021.

80 businesses are currently registered at this address with ACRA.

The nearest MRT is Mattar MRT, 686 m away (about a 11-minute walk). The closest bus stop (Opp Jln Muhibbah) is 129 m away (about a 2-minute walk).

3

What is Macpherson Mall zoned as?

Key takeawayMacpherson Mall sits on land zoned HOTEL.
Land-use zone
HOTEL
Gross plot ratio
Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 13,284 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 →

4

What has Macpherson Mall sold for?

Key takeawayAcross 62 recorded transactions since 1995, the median price is about S$2.50M, most recently in Jun 2021.
DateUsePriceAreaPSF
Jun 2021RetailS$3.00M1,023 sqft$2,934
Sept 2018RetailS$1.99M764 sqft$2,603
May 2018RetailS$1.25M248 sqft$5,064
Oct 2017RetailS$1.19M581 sqft$2,049
Sept 2017RetailS$7.69M3,315 sqft$2,321
Jul 2017RetailS$4.34M807 sqft$5,379
Sept 2016RetailS$916k161 sqft$5,674
Jun 2015RetailS$3.54M753 sqft$4,698
Jun 2015RetailS$2.84M592 sqft$4,797
Aug 2014RetailS$2.79M560 sqft$4,993

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 Macpherson Road price?

Strata sales on the street (5y)
1

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near Macpherson Mall?

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

Indicative area yield — District 13 retail

Gross yield (area)
11.0%
9.9% net of property tax
Rent side (median of bands)
$153.35 psm/mo
2026Q2
Price side (strata, 5y)
$1,558 psf
18 sales

An INDICATIVE AREA yield for District 13 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 13 ($ psm/month, 2026Q2)

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

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 Macpherson Mall right now?

Key takeaway30 units are currently listed at Macpherson Mall16 for sale and 14 for rent. One row per unit; several agents often market the same unit.

For sale (16)

  • M2 Macpherson MallS$1.88M · 592 sqft
  • M2 Macpherson Mall4 agentsS$7.00M · 3,315 sqft
  • City Fringe Business Hotel For SaleS$250.00M · 110,100 sqft
  • M2 Macpherson MallS$1.20M · 592 sqft

For rent (14)

  • M2 Macpherson MallS$3k/mo · 592 sqft
  • M2 Macpherson MallS$3k/mo · 463 sqft
  • M2 Macpherson Mall2 agentsS$2k/mo · 420 sqft
  • M2 Macpherson MallS$2k/mo · 593 sqft

Browse every listing at this building →

8

What is near Macpherson Mall?

Key takeawayThe nearest MRT/LRT is Mattar MRT, about 686 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mPlace Of Worship · 53 mOpp Jln Muhibbah · 129 mOasis@Mulberry Pk · 171 m1 Aljunied Medical · 175 mEducational Institution · 539 mMattar MRT Exit A · 618 mBlks 79/79A Circuit Road · 846 mBusiness Park · 1.2 km

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 16 mThe Woodleigh Mall · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Macpherson Mall?

Key takeawayACRA records 80 live company registrations at this address, 32 of them in the last three years.
Live registrations
80
Registered last 3 years
32
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.

10

What is Macpherson Mall's BCA building profile?

BCA building type
Mixed Development
Green Mark
Certified (2016)
Energy use intensity
227 kWh/m²·yr
11

Frequently asked questions about Macpherson Mall

Where is Macpherson Mall?

Macpherson Mall is at 401 Macpherson Road, Singapore 368125, in the Toa Payoh planning area.

What is Macpherson Mall zoned as?

Macpherson Mall sits on land zoned hotel under the URA Master Plan.

What is the tenure of Macpherson Mall?

Macpherson Mall is freehold.

What have units at Macpherson Mall sold for?

Across 62 recorded transactions, the median price is S$4,876 psf. The latest was in June 2021.

What is the nearest MRT station to Macpherson Mall?

Mattar MRT is the closest, 686 m away (about a 11-minute walk).

How many businesses are registered at Macpherson Mall?

80 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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