CommercialRESIDENTIALFreeholdDistrict 15 · Bedok

Ocean Park

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2025
Quick Summary

Ocean Park 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 freehold. 11 transactions are on record since 1995, most recently in Nov 2025. ACRA records 8 live company registrations at this address.

1

What are the key facts about Ocean Park?

Key takeawayOcean Park is a commercial building in District 15 · Bedok, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Freehold
District / Area
District 15 · Bedok
Address
520 East Coast Road
Land area
27,715 sqm
Transactions on record
11 (records start 1995)
Live listings
None
ACRA registrations
8
2

About Ocean Park

Ocean Park is a mixed-use building in Bedok (District 15). It is located along East Coast Road, Singapore 458965.

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

The site is freehold. It occupies roughly 27,715 sqm of land with about 77,602 sqm of gross floor area.

11 transactions have been recorded here, at a median of S$1,429 psf. The most recent was in November 2025.

8 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Terrace MRT, 532 m away (about a 8-minute walk). The closest bus stop (Aft Dunbar Wk) is 65 m away (about a 1-minute walk).

3

What is Ocean Park zoned as?

Key takeawayOcean Park 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 Ocean Park sold for?

Key takeawayAcross 11 recorded transactions since 1995, the median price is about S$555k, most recently in Nov 2025.
DateUsePriceAreaPSF
Nov 2025RetailS$1.07M388 sqft$2,761
Oct 2015RetailS$600k388 sqft$1,548
Dec 2010RetailS$580k388 sqft$1,497
Mar 2007RetailS$550k420 sqft$1,310
Sept 2006RetailS$375k420 sqft$893
Dec 2005RetailS$446k420 sqft$1,061
Sept 2005RetailS$416k388 sqft$1,074
Jun 2002RetailS$410k420 sqft$977
Jun 1997RetailS$555k388 sqft$1,432
Apr 1997RetailS$600k420 sqft$1,429

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 East Coast Road price?

Key takeawayAcross 23 strata sales on East Coast Road in the last 5 years, the median is $2,596 psf.
Strata sales on the street (5y)
23
Street median PSF (strata)
$2,596

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

6

What do commercial rents run near Ocean Park?

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 Ocean Park?

Key takeawayThe nearest MRT/LRT is Marine Terrace MRT, about 532 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Aft Dunbar Wk · 65 mEducational Institution · 133 mJln Buloh Perindu Pg · 213 mPlace Of Worship · 214 mMarine Terrace MRT Exit 5 · 333 mLiang Clinic · 452 mParkway East Hospital · 1.2 kmBusiness Park · 1.3 km

Competing premises nearby

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

Blk 50A Marine Terrace · 573 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Ocean Park?

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 Ocean Park

Where is Ocean Park?

Ocean Park is at 520 East Coast Road, Singapore 458965, in the Bedok planning area.

What is Ocean Park zoned as?

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

What is the tenure of Ocean Park?

Ocean Park is freehold.

What have units at Ocean Park sold for?

Across 11 recorded transactions, the median price is S$1,429 psf. The latest was in November 2025.

What is the nearest MRT station to Ocean Park?

Marine Terrace MRT is the closest, 532 m away (about a 8-minute walk).

How many businesses are registered at Ocean Park?

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.

For agents · in the PropKaki app

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This development is also registered as the residential project Ocean Park.

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