Serangoon Garden Estate
Serangoon Garden Estate is a commercial building in District 19 · Serangoon, 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 Mar 2023. ACRA records 0 live company registrations at this address.
What are the key facts about Serangoon Garden Estate?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Freehold
- District / Area
- District 19 · Serangoon
- Address
- 23 Serangoon Garden Way
- Land area
- 247 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Serangoon Garden Estate
Serangoon Garden Estate is a mixed-use estate in Serangoon (District 19). It is located along Serangoon Garden Way, Singapore 555935.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.
The site is freehold. It occupies roughly 247 sqm of land with about 511 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$2,710 psf. The most recent was in March 2023.
The closest bus stop (Aft Yio Chu Kang Rd) is 112 m away (about a 2-minute walk).
What is Serangoon Garden Estate zoned as?
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Serangoon Garden Estate sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2023 | Shop House | S$5.40M | 1,992 sqft | $2,710 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near Serangoon Garden Estate?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is near Serangoon Garden Estate?
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 Serangoon Garden Estate?
- 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 Serangoon Garden Estate
Where is Serangoon Garden Estate?⌄
Serangoon Garden Estate is at 23 Serangoon Garden Way, Singapore 555935, in the Serangoon planning area.
What is Serangoon Garden Estate zoned as?⌄
Serangoon Garden Estate sits on land zoned residential with commercial at 1st storey under the URA Master Plan.
What is the tenure of Serangoon Garden Estate?⌄
Serangoon Garden Estate is freehold.
What have units at Serangoon Garden Estate sold for?⌄
Across 1 recorded transaction, the median price is S$2,710 psf. The latest was in March 2023.
The facts are here — now get the verdict on Serangoon Garden Estate.
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.