CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREY999-year leaseholdDistrict 15 · Bedok

Opera Estate

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2005
Quick Summary

Opera Estate is a commercial building in District 15 · Bedok, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Mar 2005. ACRA records 0 live company registrations at this address.

1

What are the key facts about Opera Estate?

Key takeawayOpera Estate is a commercial building in District 15 · Bedok, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
Subject to Evaluation
Tenure
999-year leasehold
District / Area
District 15 · Bedok
Address
29 Swan Lake 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 Opera Estate

Opera Estate is a mixed-use estate in Bedok (District 15). It is located along Swan Lake Avenue, Singapore 455718.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.

The site is 999-year leasehold, with about 938 years remaining on the lease.

1 transaction has been recorded here, at a median of S$478 psf. The most recent was in March 2005.

The nearest MRT is Bedok MRT, 723 m away (about a 11-minute walk). The closest bus stop (Opp Chai Chee Ind Pk) is 162 m away (about a 2-minute walk).

3

What is Opera Estate zoned as?

Key takeawayOpera Estate sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Opera Estate sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2005Shop HouseS$710k1,485 sqft$478

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 Opera Estate rent for?

Key takeawayNo street- or building-level rent is published here. Across District 15 retail, retail space rented at a median of $9.14 psf a month in 2026Q3, with the middle half of leases between $7.55 and $14.01. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 15 retail

Region band · 2026Q3
25th pct
$7.55
$81.29 psm
Median
$9.14
$98.41 psm
75th pct
$14.01
$150.81 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 15 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 Opera Estate

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's been approved at Opera Estate?

Key takeawayURA's planning decisions at Opera Estate since 2000 are below. 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. 1 Oct 2024Renewed
    Continued use as eating house

    Continued use of the 1st storey shop as eating house

  2. 20 Sept 2021Renewed
    Continued use as eating house

    Continued use of the 1st storey shop as eating house

  3. 3 Oct 2018Renewed
    Continued use as eating house

    Continued use of the 1st storey shop as eating house

  4. 28 Sept 2015Renewed
    Continued use as eating house

    Continued use of the 1st storey shop as eating house

  5. 28 Sept 2012Renewed
    Continued use as eating house

    Continued use of the 1st storey shop as eating house

  6. 20 Nov 2009Renewed
    Continued use as eating house

    Continued use of the 1st storey shop as eating house

  7. 28 Dec 2005Renewed
    Continued use as eating house

    Continued use of the 1st sty shop as eating house

  8. 26 Jun 2003Renewed
    Continued use as eating house

    Continued use of the 1st storey shop as a eating house

  9. 24 Jan 2000Renewed
    Continued use as eating house

    Retention of use of the 1st storey shop to eating house

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).

8

What do commercial rents run near Opera Estate?

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

Indicative area yield — District 15 retail

Gross yield (area)
3.7%
3.3% net of property tax
Rent side (median of bands)
$98.41 psm/mo
2026Q3
Price side (strata, 5y)
$2,956 psf
85 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$121.08$139.73$241.82
Level 1 · 30 & Below$69.23$85.38$86.21
Level 2 & 3 · 30 & Below$47.87$67.50$87.18
Level 1 · >30 - 100$73.94$87.91$101.01
Level 2 & 3 · >30 - 100$57.08$76.47$184.13
B1 & Below · >30 - 100$88.64$163.41$259.82
Level 2 & 3 · >100 - 300$93.30$107.29$126.41
Level 1 · >100 - 300$69.67$89.53$113.56

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.

9

What is near Opera Estate?

Key takeawayThe nearest MRT/LRT is Bedok MRT, about 723 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bangsawan Pk · 44 mEducational Institution · 133 mOpp Chai Chee Ind Pk · 162 mBusiness Park · 168 mHealthline Family Clinic & Surgery · 187 mPlace Of Worship · 560 mBedok MRT Exit A · 621 m

Competing premises nearby

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

Prime Supermarket Limited? · 191 mBedok Mall · 687 mBlk 208B New Upper Changi Road # · 819 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at Opera Estate

Key takeawayThe nearest station is Bedok (EW5), 621 m away — a busy station, with about 64,000 taps in and out on an average weekday. 4 public car parks are within 500 m.
Foot traffic: busier than 24% of retail buildings

nearest MRT/LRT Bedok (EW5) 621 m, about 64,000 taps a weekday; bus stops within 400 m: 11, about 20,000 taps a weekday; Bedok: 59,875 resident workers (Census 2020, by workplace); about 38,000 residents within 1 km (June 2026); 1 other mall 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

  • Bedok (EW5)621 m · about 64,000 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 Opera Estate. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 25-27 Chai Chee Road (HDB)218 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 41 car lots
  • Blk 29C Chai Chee Avenue (HDB)303 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 249 car lots
  • Blk 27 Chai Chee Road (HDB)364 m
    S$0.60 per half-hour at midday on a weekday · 104 car lots
  • Blk 30/40 Chai Chee Avenue (HDB)451 m
    S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 220 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Upp East Coast Rd Off St, 1.1 km away, S$90/month.

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

11

How many companies are registered at Opera Estate?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

12

Frequently asked questions about Opera Estate

Where is Opera Estate?⌄

Opera Estate is at 29 Swan Lake Avenue, Singapore 455718, in the Bedok planning area.

What is Opera Estate zoned as?⌄

Opera Estate sits on land zoned residential with commercial at 1st storey under the URA Master Plan.

What is the tenure of Opera Estate?⌄

Opera Estate is 999-year leasehold. About 938 years remain on the lease.

What have units at Opera Estate sold for?⌄

Across 1 recorded transaction, the median price is S$478 psf. The latest was in March 2005.

What is the nearest MRT station to Opera Estate?⌄

Bedok MRT is the closest, 723 m away (about a 11-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on Opera Estate.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Opera Estate — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…