CommercialCOMMERCIALLeaseholdDistrict 15 · Marine Parade

Parkway Parade

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2026
Quick Summary

Parkway Parade is a commercial building in District 15 · Marine Parade, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.2. It is leasehold with roughly 52 years remaining. 102 transactions are on record since 1995, most recently in May 2026. 18 units are currently listed for sale or rent. ACRA records 382 live company registrations at this address.

1

What are the key facts about Parkway Parade?

Key takeawayParkway Parade is a commercial building in District 15 · Marine Parade, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.2
Tenure
Leasehold
District / Area
District 15 · Marine Parade
Address
80 Marine Parade Road
Land area
29,407 sqm
Transactions on record
102 (records start 1995)
Live listings
18
ACRA registrations
382
2

About Parkway Parade

Parkway Parade is a commercial building in Marine Parade (District 15). It is located along Marine Parade Road, Singapore 449269.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.2.

The site is leasehold, with about 52 years remaining on the lease. It occupies roughly 29,407 sqm of land with about 98,864 sqm of gross floor area.

102 transactions have been recorded here, at a median of S$1,047 psf. The most recent was in May 2026.

382 businesses are currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 192 m away (about a 3-minute walk). The closest bus stop (Opp Parkland Green) is 141 m away (about a 2-minute walk).

3

What is Parkway Parade zoned as?

Key takeawayParkway Parade sits on land zoned COMMERCIAL with a gross plot ratio of 3.2.
Land-use zone
COMMERCIAL
Gross plot ratio
3.2
BCA-verified envelope: allowable GFA 94,102 sqm · built 99,012 sqm · headroom -4,910 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Parkway Parade sold for?

Key takeawayAcross 102 recorded transactions since 1995, the median price is about S$1.21M, most recently in May 2026.
DateUsePriceAreaPSF
May 2026RetailS$3.80M829 sqft$4,585
Mar 2025OfficeS$1.90M926 sqft$2,052
Mar 2025OfficeS$1.80M926 sqft$1,944
Dec 2023OfficeS$1.94M926 sqft$2,095
Dec 2023OfficeS$3.00M1,765 sqft$1,699
Oct 2023OfficeS$1.80M926 sqft$1,944
Apr 2022OfficeS$1.69M926 sqft$1,831
Jul 2021OfficeS$1.66M926 sqft$1,793
Feb 2021RetailS$2.50M829 sqft$3,015
Nov 2020OfficeS$2.58M1,593 sqft$1,620

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 Marine Parade Road price?

Strata sales on the street (5y)
7

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.

6

What do commercial rents run near Parkway Parade?

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 available at Parkway Parade right now?

Key takeaway18 units are currently listed at Parkway Parade8 for sale and 10 for rent. One row per unit; several agents often market the same unit.

For sale (8)

  • Parkway Parade2 agentsS$3.40M · 1,593 sqft
  • Parkway Parade2 agentsS$3.50M · 1,765 sqft
  • Parkway Parade2 agentsS$2.30M · 570 sqft
  • Parkway Parade2 agentsS$4.50M · 1,851 sqft

For rent (10)

  • Parkway Parade5 agentsS$6k/mo · 550 sqft
  • Parkway ParadeS$8k/mo · 678 sqft
  • Parkway Parade2 agentsS$16k/mo · 1,076 sqft
  • Parkway ParadeS$8k/mo · 688 sqft

Browse every listing at this building →

8

What is near Parkway Parade?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 193 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

IM Medical Specialist · 65 mOpp Parkland Green · 141 mMarine Parade MRT Exit 1 · 145 mHotel · 220 mPlace Of Worship · 224 mMarine Parade Polyclinic · 319 mMarine Parade Community Club · 620 mEducational Institution · 651 m

Competing premises nearby

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

Four Seasons Organic Market Pte. Ltd. · 18 mBlk 84 Marine Parade Central · 190 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Parkway Parade?

Key takeawayACRA records 382 live company registrations at this address, 56 of them in the last three years.
Live registrations
382
Registered last 3 years
56
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.

10

What is Parkway Parade's BCA building profile?

BCA building type
Office
Green Mark
Platinum (2016)
Energy use intensity
330 kWh/m²·yr
11

Frequently asked questions about Parkway Parade

Where is Parkway Parade?

Parkway Parade is at 80 Marine Parade Road, Singapore 449269, in the Marine Parade planning area.

What is Parkway Parade zoned as?

Parkway Parade sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.2.

What is the tenure of Parkway Parade?

Parkway Parade is leasehold. About 52 years remain on the lease.

What have units at Parkway Parade sold for?

Across 102 recorded transactions, the median price is S$1,047 psf. The latest was in May 2026.

What is the nearest MRT station to Parkway Parade?

Marine Parade MRT is the closest, 192 m away (about a 3-minute walk).

How many businesses are registered at Parkway Parade?

382 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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