CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYConservationFreeholdDistrict 8 · Kallang

Race Course Rd/Owen Rd Con Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2014
Quick Summary

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 Aug 2014. ACRA records 0 live company registrations at this address.

1

What are the key facts about Race Course Rd/Owen Rd Con Area?

Key takeawayRace Course Rd/Owen Rd Con Area is a commercial building in District 8 · Kallang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
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
446 Race Course Road
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Race Course Rd/Owen Rd Con Area

Race Course Rd/Owen Rd Con Area is a commercial estate in Rochor (District 08). It is located along Race Course Road, Singapore 218689.

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$2,640 psf. The most recent was in August 2014.

The nearest MRT is Boon Keng MRT, 536 m away (about a 8-minute walk). The closest bus stop (Bef S'goon Rd) is 108 m away (about a 2-minute walk).

3

What is Race Course Rd/Owen Rd Con Area zoned as?

Key takeawayRace Course Rd/Owen Rd Con Area sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0, with conservation status.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Conservation area
Jalan Besar
Conserved building
Yes

Run the full zoning report for this building →

4

What has Race Course Rd/Owen Rd Con Area sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2014Shop HouseS$4.40M1,290 sqft$3,412
Jul 2011Shop HouseS$2.60M1,393 sqft$1,867

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

5

What does space at Race Course Rd/Owen Rd Con Area rent for?

Key takeawayNo rent is published for Race Course Rd/Owen Rd Con Area itself. On its street, Race Course Road, retail space rented at a median of $4.91 psf a month in 2026Q1. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Race Course Road

Street level · 2026Q1
25th pct
—
— psm
Median
$4.91
$52.80 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -48.9% on a year earlier

2021Q3 · $65.36 psm2026Q1 · $52.80 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 8 retail

Region band · 2026Q3
25th pct
$6.30
$67.76 psm
Median
$8.25
$88.77 psm
75th pct
$9.03
$97.19 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 8 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).

6

Market context around Race Course Rd/Owen Rd Con Area

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.

7

What's been approved at Race Course Rd/Owen Rd Con Area?

Key takeawayURA has approved 1 change of use at Race Course Rd/Owen Rd Con Area since 2000, most recently in 2014. 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.
  1. 15 Jul 2024Renewed
    Continued use as association

    Continued use of the 1st storey office as association

  2. 9 Jul 2021Renewed
    Continued use as association

    Continued use of the 1st storey office as association

  3. 17 Jul 2018Renewed
    Continued use as association

    Continued use of the 1st storey office as association

  4. 11 Jul 2016Renewed
    Continued use as association

    Continued use of the 1st storey office as association

  5. 2 Sept 2014Approved
    Change of use to association

    Proposed change of use of the 1st storey office to association

  6. 27 Feb 2012Approved
    Additions & alterations

    Proposed addition & alteration to the existing 3-storey conserved building for office use (1 unit) on 1st storey and residential flat (1 unit) on 2nd & 3rd storey

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).

8

How does Race Course Road price?

Strata sales on the street (5y)
2

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.

9

What do commercial rents run near Race Course Rd/Owen Rd Con Area?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 8 retail

Gross yield (area)
3.6%
3.3% net of property tax
Rent side (median of bands)
$88.77 psm/mo
2026Q3
Price side (strata, 5y)
$2,744 psf
59 sales

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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$67.76$96.11$143.21
Level 1 · 30 & Below$76.14$92.59$171.04
B1 & Below · 30 & Below$90.68$93.21$137.37
Level 2 & 3 · >30 - 100$46.15$61.63$86.96
Level 1 · >30 - 100$73.94$90.91$97.19
B1 & Below · >30 - 100$82.17$88.77$163.62
Level 1 · >100 - 300$59.57$69.55$95.87
Level 2 & 3 · >100 - 300$43.92$47.03$64.17

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.

10

What is near Race Course Rd/Owen Rd Con Area?

Key takeawayThe nearest MRT/LRT is Boon Keng MRT, about 536 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 49 mStarlight Clinic · 87 mBef S'goon Rd · 108 mKallang Polyclinic · 115 mHotel · 335 mBoon Keng MRT Exit C · 360 mEducational Institution · 394 mSomme Rd Pg · 499 mKallang Community Club · 527 mFarrer Park Hospital · 595 m

Competing premises nearby

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

Amista International Pte. Ltd. · 246 mCity Square Mall · 532 mBlk 29 Bendemeer Road · 654 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Race Course Rd/Owen Rd Con Area

Key takeawayThe nearest station is Boon Keng (NE9), 360 m away — a busy station, with about 51,000 taps in and out on an average weekday. 31 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 67% of retail buildings

nearest MRT/LRT Boon Keng (NE9) 360 m, about 51,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 13, about 26,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 46,000 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

  • Boon Keng (NE9)360 m · about 51,000 weekday taps
  • Farrer Park (NE8)460 m · about 57,000 weekday taps
  • Bendemeer (DT23)598 m · about 11,000 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 Race Course Rd/Owen Rd Con Area. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 26,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 140 Mcnair Road (HDB)129 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 315 car lots
  • Serangoon Rd - Lavende R St Off St (URA)131 m
    S$0.60 per half-hour at midday on a weekday · 112 car lots
  • Race Course Rd (URA)206 m
    S$0.60 per half-hour at midday on a weekday · 52 car lots
  • Serangoon Rd (Kitchene R Rd - Lavender St) (URA)209 m
    S$0.60 per half-hour at midday on a weekday · 42 car lots
  • Blk 684/685 Race Course Road (HDB)221 m
    S$0.60 per half-hour at midday on a weekday · 43 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. 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. Race Course Rd/Owen Rd Con Area's own car park, if it has one, and its charges are not in the open data.

12

How many companies are registered at Race Course Rd/Owen Rd Con Area?

Key takeawayACRA records 0 live company registrations at this address.
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.

13

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 446 Race Course Road, Singapore 218689, in the Rochor 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$2,640 psf. The latest was in August 2014.

What is the nearest MRT station to Race Course Rd/Owen Rd Con Area?⌄

Boon Keng MRT is the closest, 536 m away (about a 8-minute walk).

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