Parkway Centre
Parkway Centre is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 54 years remaining. 68 transactions are on record since 1995, most recently in Jul 2026. 24 units are currently listed for sale or rent. ACRA records 114 live company registrations at this address.
What are the key facts about Parkway Centre?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 15 · Marine Parade
- Address
- 1 Marine Parade Central
- Land area
- 1,734 sqm
- Transactions on record
- 68 (records start 1995)
- Live listings
- 24
- ACRA registrations
- 114
About Parkway Centre
Parkway Centre is a commercial building in Marine Parade (District 15). It is located along Marine Parade Central, Singapore 449408.
Under the URA Master Plan it sits on land zoned commercial.
The site is leasehold, with about 54 years remaining on the lease. It occupies roughly 1,734 sqm of land.
68 transactions have been recorded here, at a median of S$1,454 psf. The most recent was in July 2026.
114 businesses are currently registered at this address with ACRA.
The nearest MRT is Marine Parade MRT, 138 m away (about a 2-minute walk). The closest bus stop (Marine Pde Stn/Parkway Pde) is 124 m away (about a 2-minute walk).
What is Parkway Centre zoned as?
- Land-use zone
- COMMERCIAL
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Parkway Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2026 | Office | S$2.11M | 1,184 sqft | $1,780 |
| Jun 2025 | Office | S$1.20M | 732 sqft | $1,639 |
| Sept 2024 | Retail | S$4.50M | 1,087 sqft | $4,139 |
| Jul 2024 | Retail | S$2.25M | 1,356 sqft | $1,660 |
| Jul 2024 | Retail | S$7.09M | 4,273 sqft | $1,660 |
| Jul 2024 | Retail | S$1.88M | 1,130 sqft | $1,660 |
| Apr 2024 | Retail | S$1.86M | 1,098 sqft | $1,694 |
| Oct 2023 | Office | S$1.49M | 829 sqft | $1,795 |
| Oct 2020 | Office | S$1.20M | 829 sqft | $1,450 |
| Jul 2018 | Retail | S$2.44M | 1,356 sqft | $1,800 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Marine Parade Central price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Parkway Centre?
Indicative area yield — District 15 retail
An INDICATIVE AREA yield for District 15 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 15 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is available at Parkway Centre right now?
For sale (14)
- Parkway Centre2 agentsS$1.48M · 829 sqft
- Parkway Centre3 agentsS$1.50M · 829 sqft
- Parkway CentreS$2.13M · 1,130 sqft
- Parkway Centre3 agentsS$2.45M · 1,358 sqft
For rent (10)
- Parkway Centre4 agentsS$8k/mo · 1,356 sqft
- Parkway Centre2 agentsS$7k/mo · 1,184 sqft
- Parkway CentreS$7k/mo · 1,184 sqft
- Parkway CentreS$7k/mo · 1,184 sqft
What is near Parkway Centre?
Getting around
- Marine Parade MRT138 m · ~2 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 Parkway Centre?
- Live registrations
- 114
- Registered last 3 years
- 30
- 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.
What is Parkway Centre's BCA building profile?
- BCA building type
- Private School
- Green Mark
- NA (NA)
- Energy use intensity
- 198 kWh/m²·yr
Frequently asked questions about Parkway Centre
Where is Parkway Centre?⌄
Parkway Centre is at 1 Marine Parade Central, Singapore 449408, in the Marine Parade planning area.
What is Parkway Centre zoned as?⌄
Parkway Centre sits on land zoned commercial under the URA Master Plan.
What is the tenure of Parkway Centre?⌄
Parkway Centre is leasehold. About 54 years remain on the lease.
What have units at Parkway Centre sold for?⌄
Across 68 recorded transactions, the median price is S$1,454 psf. The latest was in July 2026.
What is the nearest MRT station to Parkway Centre?⌄
Marine Parade MRT is the closest, 138 m away (about a 2-minute walk).
How many businesses are registered at Parkway Centre?⌄
114 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 Parkway Centre.
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.