CommercialCOMMERCIALLeaseholdDistrict 15 · Marine Parade

Parkway Parade

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 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. 103 transactions are on record since 1995, at a median S$1,049 psf, most recently in Aug 2026. 29 units are currently listed for sale or rent. ACRA records 347 live company registrations at this address.

The facts are here — now get the verdict on Parkway Parade.

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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
Completed: Not on record
Storeys: 24 (© OpenStreetMap contributors)
Strata units (MCST): 429
Managing agent: LENDLEASE RETAIL PTE. LTD.
Strata formed: 1985 (MCST 1008)
Submarket: City Fringe
Units with a recorded sale: At least 75
Listed as: Office, Medical, Mall Shop
Transactions on record: 103 (records start 1995)
Live listings: 29
ACRA registrations: 347

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).

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 →

What has Parkway Parade sold for?

Key takeawayAcross 103 recorded transactions since 1995, the median price is about S$1.21M, most recently in Aug 2026.

Date	Use	Price	Area	PSF
Aug 2026	Office	S$1.53M	926 sqft	$1,650
May 2026	Retail	S$3.80M	829 sqft	$4,585
Mar 2025	Office	S$1.90M	926 sqft	$2,052
Mar 2025	Office	S$1.80M	926 sqft	$1,944
Dec 2023	Office	S$1.94M	926 sqft	$2,095
Dec 2023	Office	S$3.00M	1,765 sqft	$1,699
Oct 2023	Office	S$1.80M	926 sqft	$1,944
Apr 2022	Office	S$1.69M	926 sqft	$1,831
Jul 2021	Office	S$1.66M	926 sqft	$1,793
Feb 2021	Retail	S$2.50M	829 sqft	$3,015

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

What does space at Parkway Parade rent for?

Key takeawayNo rent is published for Parkway Parade itself. On its street, Marine Parade Road, office space rented at a median of $6.70 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Office space on Marine Parade Road

Street level · 2026Q3

25th pct

—

— psm

Median

$6.70

$72.09 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +3% on a year earlier

2023Q3 · $64.95 psm2026Q3 · $72.09 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on Marine Parade Road

Street level · 2026Q3

25th pct

$11.43

$123.01 psm

Median

$19.10

$205.58 psm

75th pct

$31.30

$336.94 psm

S$ per sq ft per month · median -22.5% on a year earlier

2023Q4 · $258.60 psm2026Q3 · $205.58 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

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).

Market context around Parkway Parade

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.

How fast units move at Parkway Parade

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 20 units for rent; 9 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 10 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Parkway Parade?

Key takeawayURA has approved 121 changes of use at Parkway Parade since 2000, most recently in 2026. 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.

24 Sept 2026Agency worksFloor 7
Change of use to commercial school
Lodgment for proposed use of units #07-XX, #07-XX and #07-XX as commercial school
15 Sept 2026RenewedFloor 11
Continued use as medical clinic
Continued use of unit #11-XX as medical clinic (aesthetic) & massage establishment - parkway parade
17 Aug 2026RenewedFloor 2
Continued use as massage establishment
Continued use of units #02-XX & #02-XX as massage establishment
18 Jun 2026ApprovedFloor 1
Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant
9 Jun 2026RenewedFloor 3
Continued use as betting outlet
Continued use of unit #03-XX (part of the supermarket) to betting outlet (4d & toto) - parkway parade
4 Jun 2026ApprovedFloor B1
Change of use to restaurant
Proposed change of use of units #B1-XX & #B1-XX to restaurant
19 May 2026ApprovedFloor B1
Change of use to restaurant
Proposed change of use of #B1-XX & #B1-XX to restaurant
30 Mar 2026Approved
Change of use to temporary pop-up library
Proposed change of use of unit #04-XX to temporary pop-up library
31 Dec 2025ApprovedFloor 1
Change of use: commercial school → bank
Proposed change of use of units #01-XX, #01-XX, #01-XX, #01-XX & #01-XX from commercial school to bank
18 Nov 2025ApprovedFloor B1
Change of use to bank
Proposed change of use of unit #B1-XX to bank
10 Oct 2025ApprovedFloor 13
Change of use to commercial school
Proposed change of use of unit #13-XX to commercial school
1 Oct 2025RenewedFloor 4
Continued use as massage establishment
Continued use of shop unit #04-XX of parkway parade as massage establishment

171 earlier change-of-use and A&A decisions are on record since 2000.

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).

How does Marine Parade Road price?

Strata sales on the street (5y)

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 Parade?

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 band	25th pct	Median	75th 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.

What is available at Parkway Parade right now?

Key takeaway29 units are currently listed at Parkway Parade — 9 for sale and 20 for rent. One row per unit; several agents often market the same unit.

For sale (9)

Parkway ParadeS$3.88M · 571 sqft
Parkway Parade2 agentsS$2.20M · 926 sqft
Parkway Parade2 agentsS$3.40M · 1,593 sqft
Parkway Parade2 agentsS$3.50M · 1,765 sqft

For rent (20)

Parkway ParadeS$7k/mo · 956 sqft
Parkway ParadeS$14k/mo · 1,500 sqft
Parkway Parade4 agentsS$8k/mo · 1,083 sqft
Parkway Parade3 agentsS$6k/mo · 550 sqft

Browse every listing at this building →

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

Marine Parade MRT193 m · ~3 min

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.

Getting there and parking at Parkway Parade

Key takeawayThe nearest station is Marine Parade (TE26), 145 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 11 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 25% of retail buildings

nearest MRT/LRT Marine Parade (TE26) 145 m, about 23,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 2, about 19,000 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 30,000 residents within 1 km (June 2026); 2 other malls 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

Marine Parade (TE26)145 m · about 23,000 weekday taps
Tanjong Katong (TE25)851 m · 6,135 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 Parkway Parade. Transfers between lines don't tap, so interchanges read low.

Bus

2 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 86 Marine Parade Road (HDB)104 m
S$0.60 per half-hour at midday on a weekday
Blk 89 Marine Parade Central (HDB)124 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 511 car lots
Blk 84 To 86 Marine Parade Road (HDB)171 m
S$0.60 per half-hour at midday on a weekday · 22 car lots
Blk 83/87 Marine Parade Road (HDB)208 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 23 car lots
Blk 81/82 Marine Parade Road (HDB)254 m
S$0.60 per half-hour at midday on a weekday · 38 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.

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

Who's registered at Parkway Parade?

Key takeaway347 live companies (and LLPs and branches; sole proprietors are not counted) list Parkway Parade as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
95
Wholesale and retail trade
55
Education
32
Real estate
31
Professional, scientific and technical services
26
Transportation and storage
25
Health and social services
17
Information and communications
15
Administrative and support services
11
Construction
9

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

What is Parkway Parade's BCA building profile?

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

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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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.