CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 19 · Hougang

Prestige Point

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2021
Quick Summary

Prestige Point is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 9 transactions are on record since 1995, most recently in Jul 2021. 3 units are currently listed for sale or rent. ACRA records 13 live company registrations at this address.

1

What are the key facts about Prestige Point?

Key takeawayPrestige Point is a commercial building in District 19 · Hougang, zoned COMMERCIAL & RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 19 · Hougang
Address
398 Upper Paya Lebar Road
Land area
619 sqm
Transactions on record
9 (records start 1995)
Live listings
3
ACRA registrations
13
2

About Prestige Point

Prestige Point is a mixed-use building in Hougang (District 19). It is located along Upper Paya Lebar Road, Singapore 534986.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.

The site is freehold. It occupies roughly 619 sqm of land with about 1,858 sqm of gross floor area.

9 transactions have been recorded here, at a median of S$2,785 psf. The most recent was in July 2021.

13 businesses are currently registered at this address with ACRA.

The nearest MRT is Bartley MRT, 794 m away (about a 12-minute walk). The closest bus stop (Aft Paya Lebar Cres) is 67 m away (about a 1-minute walk).

3

What is Prestige Point zoned as?

Key takeawayPrestige Point sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has Prestige Point sold for?

Key takeaway9 transactions are on record since 1995, most recently in Jul 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2021OfficeS$510k172 sqft$2,961
Mar 2016RetailS$1.59M570 sqft$2,785
Mar 2016RetailS$1.71M614 sqft$2,790
Mar 2016RetailS$1.50M538 sqft$2,786
Apr 2015RetailS$1.60M1,001 sqft$1,598
Mar 2014RetailS$1.19M474 sqft$2,502
Mar 2014RetailS$1.92M592 sqft$3,240
Mar 2014RetailS$879k366 sqft$2,401
Feb 2014RetailS$873k366 sqft$2,385

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 Upper Paya Lebar Road 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 Prestige Point?

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

Indicative area yield — District 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 sales

An INDICATIVE AREA yield for District 19 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 19 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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 Prestige Point right now?

Key takeaway3 units are currently listed at Prestige Point1 for sale and 2 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Prestige Point4 agentsS$2.15M · 592 sqft

For rent (2)

  • Prestige Point2 agentsS$3k/mo · 365 sqft
  • Prestige PointS$2k/mo · 172 sqft

Browse every listing at this building →

8

What is near Prestige Point?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 794 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 56 mAft Paya Lebar Cres · 67 mDaily Medical Centre · 224 mLorong Ong Lye Park · 267 mEducational Institution · 459 mHotel · 506 mSerangoon MRT Exit D · 653 mBusiness Park · 1.2 km

Competing premises nearby

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

Prime Supermarket (1996) Pte Ltd · 264 mNex · 887 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Prestige Point?

Key takeawayACRA records 13 live company registrations at this address, 8 of them in the last three years.
Live registrations
13
Registered last 3 years
8
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

Frequently asked questions about Prestige Point

Where is Prestige Point?

Prestige Point is at 398 Upper Paya Lebar Road, Singapore 534986, in the Hougang planning area.

What is Prestige Point zoned as?

Prestige Point sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Prestige Point?

Prestige Point is freehold.

What have units at Prestige Point sold for?

Across 9 recorded transactions, the median price is S$2,785 psf. The latest was in July 2021.

What is the nearest MRT station to Prestige Point?

Bartley MRT is the closest, 794 m away (about a 12-minute walk).

How many businesses are registered at Prestige Point?

13 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

The facts are here — now get the verdict on Prestige Point.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Prestige Point — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

This development is also registered as the residential project Prestige Point.

Chat on WhatsApp