CommercialRESIDENTIALLeaseholdDistrict 15 · Bedok

Mandarin Gardens

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

Mandarin Gardens is a commercial building in District 15 · Bedok, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is leasehold with roughly 55 years remaining. 14 transactions are on record since 1995, most recently in Apr 2022. ACRA records 8 live company registrations at this address.

1

What are the key facts about Mandarin Gardens?

Key takeawayMandarin Gardens is a commercial building in District 15 · Bedok, zoned RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Leasehold
District / Area
District 15 · Bedok
Address
15 Siglap Road
Land area
99,706 sqm
Transactions on record
14 (records start 1995)
Live listings
None
ACRA registrations
8
2

About Mandarin Gardens

Mandarin Gardens is a mixed-use building in Bedok (District 15). It is located along Siglap Road, Singapore 448912.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

The site is leasehold, with about 55 years remaining on the lease. It occupies roughly 99,706 sqm of land with about 279,175 sqm of gross floor area.

14 transactions have been recorded here, at a median of S$410 psf. The most recent was in April 2022.

8 businesses are currently registered at this address with ACRA.

The nearest MRT is Siglap MRT, 769 m away (about a 12-minute walk). The closest bus stop (Opp Mandarin Gdns) is 188 m away (about a 3-minute walk).

3

What is Mandarin Gardens zoned as?

Key takeawayMandarin Gardens sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What has Mandarin Gardens sold for?

Key takeawayAcross 14 recorded transactions since 1995, the median price is about S$133k, most recently in Apr 2022.
DateUsePriceAreaPSF
Apr 2022RetailS$3.10M2,368 sqft$1,309
May 2011RetailS$2.20M2,368 sqft$929
Jul 2007RetailS$270k431 sqft$627
Jul 2004RetailS$133k323 sqft$412
Jun 2004RetailS$133k323 sqft$412
Jun 2004RetailS$105k258 sqft$406
Jun 2004RetailS$105k258 sqft$406
May 2004RetailS$888k2,368 sqft$375
May 2004RetailS$172k420 sqft$410
May 2004RetailS$88k215 sqft$409

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 Siglap 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 Mandarin Gardens?

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 Mandarin Gardens?

Key takeawayThe nearest MRT/LRT is Siglap MRT, about 769 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Mandarin Gdns · 188 mEducational Institution · 296 mEast Coast Park Area D · 349 mPlace Of Worship · 488 mSiglap MRT Exit 1 · 593 m

Competing premises nearby

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

Cold Storage Singapore (1983) Pte Ltd · 0 mBlk 50A Marine Terrace · 905 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Mandarin Gardens?

Key takeawayACRA records 8 live company registrations at this address, 2 of them in the last three years.
Live registrations
8
Registered last 3 years
2
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 Mandarin Gardens

Where is Mandarin Gardens?

Mandarin Gardens is at 15 Siglap Road, Singapore 448912, in the Bedok planning area.

What is Mandarin Gardens zoned as?

Mandarin Gardens sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Mandarin Gardens?

Mandarin Gardens is leasehold. About 55 years remain on the lease.

What have units at Mandarin Gardens sold for?

Across 14 recorded transactions, the median price is S$410 psf. The latest was in April 2022.

What is the nearest MRT station to Mandarin Gardens?

Siglap MRT is the closest, 769 m away (about a 12-minute walk).

How many businesses are registered at Mandarin Gardens?

8 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 Mandarin Gardens.

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