Race Course Rd/Owen Rd Con Area
Race Course Rd/Owen Rd Con Area is a commercial building in District 8 · Kallang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 2 transactions are on record since 1995, most recently in Jun 2016. 2 units are currently listed for sale. ACRA records 0 live company registrations at this address.
What are the key facts about Race Course Rd/Owen Rd Con Area?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 8 · Kallang
- Address
- 398 Race Course Road
- Land area
- —
- Transactions on record
- 2 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 0
About Race Course Rd/Owen Rd Con Area
Race Course Rd/Owen Rd Con Area is a commercial estate in Kallang (District 08). It is located along Race Course Road, Singapore 218651.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.
The site is freehold.
2 transactions have been recorded here, at a median of S$1,856 psf. The most recent was in June 2016.
The nearest MRT is Farrer Park MRT, 578 m away (about a 9-minute walk). The closest bus stop (Sri Vadapathira K Tp) is 56 m away (about a 1-minute walk).
What is Race Course Rd/Owen Rd Con Area zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
- Conservation area
- Jalan Besar
- Conserved building
- Yes
What has Race Course Rd/Owen Rd Con Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2016 | Shop House | S$3.00M | 1,643 sqft | $1,826 |
| Dec 2015 | Shop House | S$3.10M | 1,643 sqft | $1,887 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Race Course Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Race Course Rd/Owen Rd Con Area?
Indicative area yield — District 8 retail
An INDICATIVE AREA yield for District 8 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 8 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $92.22 | $107.29 | $134.61 |
| Level 2 & 3 · 30 & Below | $60.38 | $67.06 | $71.17 |
| Level 1 · >30 - 100 | $65.65 | $79.01 | $105.39 |
| Level 2 & 3 · >30 - 100 | $53.41 | $58.43 | $108.12 |
| B1 & Below · >30 - 100 | $185.86 | $205.31 | $205.79 |
| Level 1 · >100 - 300 | $43.81 | $68.53 | $71.93 |
| Level 4 & Above · >100 - 300 | $86.62 | $94.73 | $108.30 |
| B1 & Below · >300 | $50.00 | $59.34 | $62.68 |
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 Race Course Rd/Owen Rd Con Area right now?
For sale (2)
- Race Course RoadS$12.00M · 4,909 sqft
- Race Course Rd/owen Rd Con AreaS$12.80M · 1,450 sqft
What is near Race Course Rd/Owen Rd Con Area?
Getting around
- Farrer Park MRT578 m · ~9 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 Race Course Rd/Owen Rd Con Area?
- Live registrations
- 0
- Registered last 3 years
- 0
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.
Frequently asked questions about Race Course Rd/Owen Rd Con Area
Where is Race Course Rd/Owen Rd Con Area?⌄
Race Course Rd/Owen Rd Con Area is at 398 Race Course Road, Singapore 218651, in the Kallang planning area.
What is Race Course Rd/Owen Rd Con Area zoned as?⌄
Race Course Rd/Owen Rd Con Area sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Race Course Rd/Owen Rd Con Area?⌄
Race Course Rd/Owen Rd Con Area is freehold.
Is Race Course Rd/Owen Rd Con Area a conserved property?⌄
Yes. Race Course Rd/Owen Rd Con Area falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Race Course Rd/Owen Rd Con Area sold for?⌄
Across 2 recorded transactions, the median price is S$1,856 psf. The latest was in June 2016.
What is the nearest MRT station to Race Course Rd/Owen Rd Con Area?⌄
Farrer Park MRT is the closest, 578 m away (about a 9-minute walk).
The facts are here — now get the verdict on Race Course Rd/Owen Rd Con Area.
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.