Park Mall
Park Mall is a commercial building in District 9 · Museum, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 42 years remaining. 2 transactions are on record since 1995, most recently in Jun 2015. 4 units are currently listed for rent. ACRA records 23 live company registrations at this address.
What are the key facts about Park Mall?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 9 · Museum
- Address
- 9 Penang Road
- Land area
- 8,840 sqm
- Transactions on record
- 2 (records start 1995)
- Live listings
- 4
- ACRA registrations
- 23
About Park Mall
Park Mall is a commercial building in Museum (District 09). It is located along Penang Road, Singapore 238459.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. It lies inside the Central Area.
The site is leasehold, with about 42 years remaining on the lease. It occupies roughly 8,840 sqm of land with about 42,631 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$3,501 psf. The most recent was in June 2015.
23 businesses are currently registered at this address with ACRA.
The nearest MRT is Dhoby Ghaut MRT, 164 m away (about a 3-minute walk). The closest bus stop (Dhoby Ghaut Stn Exit B) is 52 m away (about a 1-minute walk).
What is Park Mall zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Urban design area
- Udga
- Central Area
- Yes
What has Park Mall sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2015 | Retail | S$411.80M | 97,267 sqft | $4,234 |
| Jun 2005 | Retail | S$230.00M | 83,099 sqft | $2,768 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Penang Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Park Mall?
Indicative area yield — District 9 retail
An INDICATIVE AREA yield for District 9 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 9 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $96.41 | $125.00 | $161.92 |
| Level 1 · 30 & Below | $116.17 | $145.26 | $294.10 |
| B1 & Below · 30 & Below | $211.72 | $338.73 | $498.21 |
| Level 4 & Above · 30 & Below | $90.90 | $124.33 | $165.55 |
| Level 1 · >30 - 100 | $110.23 | $143.26 | $166.55 |
| B1 & Below · >30 - 100 | $174.34 | $329.33 | $440.53 |
| Level 2 & 3 · >30 - 100 | $101.61 | $137.40 | $180.53 |
| Level 4 & Above · >30 - 100 | $100.04 | $115.15 | $145.94 |
Office rents — Central Area ($ psm/month, 2026Q2)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 1 · 100 & Below | $91.40 | $96.39 | $119.48 |
| Category 2 · 100 & Below | $57.98 | $71.59 | $86.82 |
| Category 1 · >100 - 200 | $113.24 | $120.54 | $144.36 |
| Category 2 · >100 - 200 | $59.40 | $77.88 | $96.88 |
| Category 2 · >200 - 500 | $69.97 | $89.34 | $97.94 |
| Category 1 · >200 - 500 | $112.64 | $129.70 | $148.82 |
| Category 1 · >500 - 1000 | $119.97 | $136.70 | $147.13 |
| Category 2 · >500 - 1000 | $55.42 | $82.91 | $92.66 |
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.
What is available at Park Mall right now?
For rent (4)
- Dhoby gaut2 agentsS$14k/mo · 880 sqft
- 9 Penang RoadS$16k/mo · 871 sqft
- Dhoby Ghaut Somerset Office Commercial School Medical Clinic Beauty SpaS$36k/mo · 5,000 sqft
- Retail Showroom on OrchardS$89k/mo · 5,059 sqft
What is near Park Mall?
Getting around
- Dhoby Ghaut MRT164 m · ~3 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Park Mall?
- Live registrations
- 23
- Registered last 3 years
- 1
- 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.
Frequently asked questions about Park Mall
Where is Park Mall?⌄
Park Mall is at 9 Penang Road, Singapore 238459, in the Museum planning area.
What is Park Mall zoned as?⌄
Park Mall sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of Park Mall?⌄
Park Mall is leasehold. About 42 years remain on the lease.
What have units at Park Mall sold for?⌄
Across 2 recorded transactions, the median price is S$3,501 psf. The latest was in June 2015.
What is the nearest MRT station to Park Mall?⌄
Dhoby Ghaut MRT is the closest, 164 m away (about a 3-minute walk).
How many businesses are registered at Park Mall?⌄
23 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.
The facts are here — now get the verdict on Park Mall.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.