CommercialHOTELFreeholdDistrict 15 · Marine Parade

Paramount Shopping Centre

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Paramount Shopping Centre is a commercial building in District 15 · Marine Parade, on land zoned HOTEL under the URA Master Plan. It is freehold. ACRA records 29 live company registrations at this address.

1

What are the key facts about Paramount Shopping Centre?

Key takeawayParamount Shopping Centre is a commercial building in District 15 · Marine Parade, zoned HOTEL, held freehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 15 · Marine Parade
Address
Land area
9,539 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
29

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Paramount Shopping Centre

Paramount Shopping Centre is a commercial building in Marine Parade (District 15). It is located along East Coast Road, Singapore 428751.

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

The site is freehold. It occupies roughly 9,539 sqm of land.

29 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 264 m away (about a 4-minute walk). The closest bus stop (Roxy Sq) is 76 m away (about a 1-minute walk). Katong V is 21 m away (about a 0-minute walk).

3

What is Paramount Shopping Centre zoned as?

Key takeawayParamount Shopping Centre 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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

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.

5

What do commercial rents run near Paramount Shopping Centre?

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.

6

What is near Paramount Shopping Centre?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 264 m away.

Getting around

Amenities nearby

Hotel · 0 mKatong V · 21 mNTUC Fairprice Co-operative Ltd · 26 mRoxy Sq · 76 mPlace Of Worship · 177 mInternational Medical Clinic · 221 mMarine Parade MRT Exit 2 · 233 mEducational Institution · 235 mHaig Walk (Geylang Rd-Dunman Rd) · 389 mBlk 84 Marine Parade Central · 416 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Paramount Shopping Centre?

Key takeawayACRA records 29 live company registrations at this address, 3 of them in the last three years.
Live registrations
29
Registered last 3 years
3
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.

8

Frequently asked questions about Paramount Shopping Centre

Where is Paramount Shopping Centre?

Paramount Shopping Centre is at East Coast Road, Singapore 428751, in the Marine Parade planning area.

What is Paramount Shopping Centre zoned as?

Paramount Shopping Centre sits on land zoned hotel under the URA Master Plan.

What is the tenure of Paramount Shopping Centre?

Paramount Shopping Centre is freehold.

Have there been any recorded transactions at Paramount Shopping Centre?

No caveats have been lodged for Paramount Shopping Centre in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Paramount Shopping Centre?

Marine Parade MRT is the closest, 264 m away (about a 4-minute walk).

How many businesses are registered at Paramount Shopping Centre?

29 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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