CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYConservationFreeholdDistrict 15 · Marine Parade

Rising Court

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2005

Quick Summary

Rising Court is a commercial building in District 15 · Marine Parade, 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. 1 transaction is on record since 1995, most recently in Dec 2005. ACRA records 1 live company registration at this address.

The facts are here — now get the verdict on Rising Court.

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What are the key facts about Rising Court?

Key takeawayRising Court is a commercial building in District 15 · Marine Parade, 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 15 · Marine Parade
Address: 439 Joo Chiat Road
Land area: —
Completed: Not on record
Storeys: 3 (© OpenStreetMap contributors)
Submarket: City Fringe
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 1

About Rising Court

Rising Court is a mixed-use building in Marine Parade (District 15). It is located along Joo Chiat Road, Singapore 427652.

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.

1 transaction has been recorded here, at a median of S$499 psf. The most recent was in December 2005.

1 business is currently registered at this address with ACRA.

The nearest MRT is Marine Parade MRT, 512 m away (about a 8-minute walk). The closest bus stop (Aft Duku Rd) is 138 m away (about a 2-minute walk).

What is Rising Court zoned as?

Key takeawayRising Court 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: Joo Chiat

Run the full zoning report for this building →

What has Rising Court sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2005 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Dec 2005	Shop House	S$1.02M	2,045 sqft	$499

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 Rising Court rent for?

Key takeawayNo rent is published for Rising Court itself. On its street, Joo Chiat Road, retail space rented at a median of $5.56 psf a month in 2026Q3, with the middle half of leases between $3.85 and $6.47. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Joo Chiat Road

Street level · 2026Q3

25th pct

$3.85

$41.47 psm

Median

$5.56

$59.88 psm

75th pct

$6.47

$69.67 psm

S$ per sq ft per month

2023Q1 · $71.81 psm2026Q3 · $59.88 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).

Office space on Joo Chiat Road

Street level · 2026Q3

25th pct

$5.17

$55.63 psm

Median

$5.52

$59.38 psm

75th pct

$6.19

$66.65 psm

S$ per sq ft per month · median -0.4% on a year earlier

2023Q4 · $68.64 psm2026Q3 · $59.38 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 — 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 Rising Court

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.

What's been approved at Rising Court?

Key takeawayURA has approved 2 changes of use at Rising Court since 2000, most recently in 2022, and refused 2. 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.

F&B and nightlife here

URA does not approve new eating houses (restaurants, coffee shops, cafes) here; an existing one's permission may be renewed.

Per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.

26 Sept 2025Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house at rising court
14 Oct 2024Renewed
Continued use as restaurant
Continued use of the 1st storey premises of rising court as restaurant
29 Nov 2022Approved
Change of use to restaurant
Proposed change of use of the 1st storey premises of rising court to restaurant
24 Nov 2022Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house at rising court
25 Sept 2019Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house at rising court
12 Sept 2018Refused
Change of use to karaoke lounge
Proposed change of use of 1st storey premises to karaoke lounge on lot 04862w mk 26 at 441 joo chiat road - rising court (marine parade planning area)
21 Dec 2017Refused
Change of use to acupuncture treatment and massage
Proposed change of use of 1st storey premises to acupuncture treatment and massage on lot 04862w mk 26 at 437 joo chiat road - rising court (marine parade planning area)
27 Sept 2017Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house at rising court
2 Oct 2015Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house at rising court
25 Sept 2014Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house at rising court - 439 joo chiat road
27 Sept 2013Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house
2 Oct 2012Renewed
Continued use as eating house
Continued use of the 1st storey shop as eating house

5 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 Joo Chiat Road price?

Key takeawayAcross 63 strata sales on Joo Chiat Road in the last 5 years, the median is $1,931 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$1,931

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Rising Court?

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 near Rising Court?

Key takeawayThe nearest MRT/LRT is Marine Parade MRT, about 512 m away — and 3 competing retail premisess operate nearby.

Getting around

Marine Parade MRT512 m · ~8 min

Amenities nearby

Joo Chiat Community Club · 33 mLee Clinic · 71 mAft Duku Rd · 138 mHotel · 138 mPlace Of Worship · 151 mEducational Institution · 396 mHaig Walk (Geylang Rd-Dunman Rd) · 412 mMarine Parade MRT Exit 3 · 439 mMarine Parade Polyclinic · 641 mParkway East Hospital · 1.0 km

Competing premises nearby

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

i12 Katong · 231 mTanesei Retailing Pte. Ltd. · 231 mDunman Food Centre · 379 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Rising Court

Key takeawayThe nearest station is Marine Parade (TE26), 439 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 14 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 10% of retail buildings

nearest MRT/LRT Marine Parade (TE26) 439 m, about 23,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 12,000 taps a weekday; Marine Parade: 12,786 resident workers (Census 2020, by workplace); about 41,000 residents within 1 km (June 2026); 3 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)439 m · about 23,000 weekday taps
Marine Terrace (TE27)970 m · about 13,000 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 Rising Court. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Service Rd (Joo Chiat Rd) (URA)68 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Joo Chiat Rd Off St (URA)222 m
S$0.60 per half-hour at midday on a weekday · 99 car lots
Ceylon Rd (URA)257 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Marshall Rd (URA)319 m
S$0.60 per half-hour at midday on a weekday · 37 car lots
Tembeling Rd (URA)351 m
S$0.60 per half-hour at midday on a weekday · 61 car lots

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

How many companies are registered at Rising Court?

Key takeawayACRA records 1 live company registration at this address.

Live registrations: 1
Registered last 3 years: 0
Most common type: Sole Proprietorship/ Partnership

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 Rising Court

Where is Rising Court?⌄

Rising Court is at 439 Joo Chiat Road, Singapore 427652, in the Marine Parade planning area.

What is Rising Court zoned as?⌄

Rising Court 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 Rising Court?⌄

Rising Court is freehold.

Is Rising Court a conserved property?⌄

Yes. Rising Court falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Rising Court sold for?⌄

Across 1 recorded transaction, the median price is S$499 psf. The latest was in December 2005.

What is the nearest MRT station to Rising Court?⌄

Marine Parade MRT is the closest, 512 m away (about a 8-minute walk).

How many businesses are registered at Rising Court?⌄

1 business is 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 Rising Court.

Read the figures right

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

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.

F&B / nightlife: per URA circular DC23-08, Appendix A (2 Oct 2023: no new eating houses in shophouses on listed stretches). A planning guideline, not a decision on any unit.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

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 PropKaki's submarket map, URA planning decisions, URA circular DC23-08 (2 Oct 2023), 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.