CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 16 · Bedok

Picardy Gardens

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2017
Quick Summary

Picardy Gardens is a commercial building in District 16 · Bedok, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is freehold. 1 transaction is on record since 1995, most recently in Jun 2017. ACRA records 2 live company registrations at this address.

1

What are the key facts about Picardy Gardens?

Key takeawayPicardy Gardens is a commercial building in District 16 · Bedok, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 16 · Bedok
Address
34 Jalan Pari Burong
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
2

About Picardy Gardens

Picardy Gardens is a mixed-use building in Bedok (District 16). It is located along Jalan Pari Burong, Singapore 488700.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.

The site is freehold.

1 transaction has been recorded here, at a median of S$2,129 psf. The most recent was in June 2017.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Tanah Merah MRT, 804 m away (about a 13-minute walk). The closest bus stop (Aft Sungei Bedok) is 65 m away (about a 1-minute walk).

3

What is Picardy Gardens zoned as?

Key takeawayPicardy Gardens sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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

What has Picardy Gardens sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2017 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2017Shop HouseS$3.21M1,507 sqft$2,129

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 Jalan Pari Burong price?

Strata sales on the street (5y)
1

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 Picardy Gardens?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 16 retail

Gross yield (area)
8.5%
7.6% net of property tax
Rent side (median of bands)
$188.26 psm/mo
2026Q2
Price side (strata, 5y)
$2,471 psf
22 sales

An INDICATIVE AREA yield for District 16 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 16 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$102.38$117.39$122.73
B1 & Below · 30 & Below$286.98$356.37$453.40
Level 1 · >30 - 100$170.33$215.78$265.07
B1 & Below · >30 - 100$268.75$281.88$311.02
Level 2 & 3 · >30 - 100$148.42$160.73$203.34
B1 & Below · >100 - 300$74.49$124.26$175.29
Level 1 · >100 - 300$224.50$262.39$278.09
Level 2 & 3 · >100 - 300$119.67$132.31$133.04

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 near Picardy Gardens?

Key takeawayThe nearest MRT/LRT is Tanah Merah MRT, about 804 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Aft Sungei Bedok · 65 mSheng Family Clinic · 67 mPlace Of Worship · 111 mJln Pari Burong Pg · 217 mEducational Institution · 449 mChangi General Hospital · 767 mTanah Merah MRT Exit B · 844 mBusiness Park - White · 1.4 km

Competing premises nearby

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

Cold Storage Singapore (1983) Pte Ltd · 290 mEast Village · 386 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Picardy Gardens?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
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.

9

Frequently asked questions about Picardy Gardens

Where is Picardy Gardens?

Picardy Gardens is at 34 Jalan Pari Burong, Singapore 488700, in the Bedok planning area.

What is Picardy Gardens zoned as?

Picardy Gardens sits on land zoned residential with commercial at 1st storey under the URA Master Plan.

What is the tenure of Picardy Gardens?

Picardy Gardens is freehold.

What have units at Picardy Gardens sold for?

Across 1 recorded transaction, the median price is S$2,129 psf. The latest was in June 2017.

What is the nearest MRT station to Picardy Gardens?

Tanah Merah MRT is the closest, 804 m away (about a 13-minute walk).

How many businesses are registered at Picardy Gardens?

2 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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This development is also registered as the residential project Picardy Gardens.

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