CommercialRESIDENTIAL999-year leaseholdDistrict 19 · Hougang

Nanyang Park

Reviewed by Nathan TangUpdated 10 November 2026Data through Jan 2011
Quick Summary

Nanyang Park is a commercial building in District 19 · Hougang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 1.4. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Jan 2011. ACRA records 0 live company registrations at this address.

1

What are the key facts about Nanyang Park?

Key takeawayNanyang Park is a commercial building in District 19 · Hougang, zoned RESIDENTIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
1.4
Tenure
999-year leasehold
District / Area
District 19 · Hougang
Address
27 Chuan Hoe Avenue
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
Suburban
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Nanyang Park

Nanyang Park is a mixed-use building in Hougang (District 19). It is located along Chuan Hoe Avenue, Singapore 549831.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 1.4.

The site is 999-year leasehold, with about 854 years remaining on the lease.

1 transaction has been recorded here, at a median of S$682 psf. The most recent was in January 2011.

The closest bus stop (Parkwood Residences) is 184 m away (about a 3-minute walk).

3

What is Nanyang Park zoned as?

Key takeawayNanyang Park sits on land zoned RESIDENTIAL with a gross plot ratio of 1.4.
Land-use zone
RESIDENTIAL
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has Nanyang Park sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jan 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2011Shop HouseS$1.60M2,347 sqft$682

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

5

What does space at Nanyang Park rent for?

Key takeawayNo street- or building-level rent is published here. Across District 19 retail, retail space rented at a median of $12.67 psf a month in 2026Q3, with the middle half of leases between $9.19 and $20.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 19 retail

Region band · 2026Q3
25th pct
$9.19
$98.95 psm
Median
$12.67
$136.43 psm
75th pct
$20.61
$221.82 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 19 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).

6

Market context around Nanyang Park

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.

7

What do commercial rents run near Nanyang Park?

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

Indicative area yield — District 19 retail

Gross yield (area)
6.9%
6.2% net of property tax
Rent side (median of bands)
$136.43 psm/mo
2026Q3
Price side (strata, 5y)
$2,212 psf
70 sales

An INDICATIVE AREA yield for District 19 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 19 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$63.64$104.00$295.24
B1 & Below · 30 & Below$63.48$71.43$209.95
Level 2 & 3 · 30 & Below$54.03$66.41$81.37
B1 & Below · >30 - 100$225.40$251.63$339.38
Level 2 & 3 · >30 - 100$201.18$241.17$307.68
Level 1 · >30 - 100$98.95$138.38$262.23
Level 2 & 3 · >100 - 300$201.65$214.77$221.82
B1 & Below · >100 - 300$196.03$234.00$280.07

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.

8

What is near Nanyang Park?

Amenities nearby

Parkwood Residences · 184 mParry Rd Pg · 267 mPlace Of Worship · 267 mThe Serangoon Community Club · 633 mEducational Institution · 648 m

Competing premises nearby

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

Balu Minimart Pte. Ltd · 415 mHeartland Mall Kovan · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Nanyang Park

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Kovan, 1.1 km away. 5 public car parks are within 500 m.
Foot traffic: busier than 7% of retail buildings

no MRT/LRT within 1 km (nearest Kovan, 1.1 km); bus stops within 400 m: 7, about 7,604 taps a weekday; Hougang: 43,772 resident workers (Census 2020, by workplace); about 48,000 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.

Bus

7 bus stops within 400 m, with 7,604 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 149A Serangoon North Avenue 1 (HDB)387 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 148 car lots
  • Blk 135/141 Serangoon North Avenue 2 (HDB)398 m
    S$0.60 per half-hour at midday on a weekday · 470 car lots
  • Blk 141A Serangoon North Avenue 2 (HDB)401 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m
  • Blk 127 Serangoon North Avenue 1 (HDB)418 m
    S$0.60 per half-hour at midday on a weekday
  • Blk 126 Serangoon North Avenue 1 (HDB)460 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: Brighton Crescent, 537 m away, S$90/month.

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

10

Who's registered at Nanyang Park?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Nanyang Park as their registered address. These are registered businesses, not who occupies the space.
  • Professional, scientific and technical services
    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.

11

Frequently asked questions about Nanyang Park

Where is Nanyang Park?⌄

Nanyang Park is at 27 Chuan Hoe Avenue, Singapore 549831, in the Hougang planning area.

What is Nanyang Park zoned as?⌄

Nanyang Park sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 1.4.

What is the tenure of Nanyang Park?⌄

Nanyang Park is 999-year leasehold. About 854 years remain on the lease.

What have units at Nanyang Park sold for?⌄

Across 1 recorded transaction, the median price is S$682 psf. The latest was in January 2011.

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