CommercialCOMMERCIAL999-year leaseholdDistrict 19 · Serangoon

Serangoon Garden Estate

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2018
Quick Summary

Serangoon Garden Estate is a commercial building in District 19 · Serangoon, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 1.4. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Dec 2018. ACRA records 0 live company registrations at this address.

1

What are the key facts about Serangoon Garden Estate?

Key takeawaySerangoon Garden Estate is a commercial building in District 19 · Serangoon, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
1.4
Tenure
999-year leasehold
District / Area
District 19 · Serangoon
Address
65,65a Serangoon Garden Way
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
Suburban
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Serangoon Garden Estate

Serangoon Garden Estate is a mixed-use estate in Serangoon (District 19). It is located along Serangoon Garden Way, Singapore 555961.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 1.4.

The site is 999-year leasehold, with about 929 years remaining on the lease.

1 transaction has been recorded here, at a median of S$4,059 psf. The most recent was in December 2018.

The closest bus stop (Opp Penshurst Pl) is 68 m away (about a 1-minute walk).

3

What is Serangoon Garden Estate zoned as?

Key takeawaySerangoon Garden Estate sits on land zoned COMMERCIAL with a gross plot ratio of 1.4.
Land-use zone
COMMERCIAL
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has Serangoon Garden Estate sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2018Shop HouseS$8.80M2,168 sqft$4,059

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 Serangoon Garden Estate rent for?

Key takeawayNo street- or building-level rent is published here. Across District 19 retail, retail space rented at a median of $12.67 psf a month in 2026Q3, with the middle half of leases between $9.19 and $20.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 19 retail

Region band · 2026Q3
25th pct
$9.19
$98.95 psm
Median
$12.67
$136.43 psm
75th pct
$20.61
$221.82 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 19 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 Serangoon Garden Estate

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Suburban: Rent S$32.95 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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 Serangoon Garden Estate?

Key takeawayURA has approved 2 changes of use at Serangoon Garden Estate since 2000, most recently in 2024. 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.

  1. 30 Aug 2024Approved
    Change of use to gym/fitness centre

    Proposed change of use of 2nd storey office to gym/fitness centre

  2. 21 Mar 2023Approved
    Change of use to office

    Proposed change of use of the 2nd storey flat to office

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

What do commercial rents run near Serangoon Garden Estate?

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

Indicative area yield — District 19 retail

Gross yield (area)
6.9%
6.2% net of property tax
Rent side (median of bands)
$136.43 psm/mo
2026Q3
Price side (strata, 5y)
$2,212 psf
70 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$63.64$104.00$295.24
B1 & Below · 30 & Below$63.48$71.43$209.95
Level 2 & 3 · 30 & Below$54.03$66.41$81.37
B1 & Below · >30 - 100$225.40$251.63$339.38
Level 2 & 3 · >30 - 100$201.18$241.17$307.68
Level 1 · >30 - 100$98.95$138.38$262.23
Level 2 & 3 · >100 - 300$201.65$214.77$221.82
B1 & Below · >100 - 300$196.03$234.00$280.07

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.

9

What is near Serangoon Garden Estate?

Amenities nearby

Kings Medical Centre · 44 mOpp Penshurst Pl · 68 mChuan Green Pg · 339 mPlace Of Worship · 397 mEducational Institution · 533 m

Competing premises nearby

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

Sferm Pte. Ltd. · 96 mChomp Chomp Food Centre · 150 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at Serangoon Garden Estate

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Lorong Chuan, 1.3 km away. 14 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 7% of retail buildings

no MRT/LRT within 1 km (nearest Lorong Chuan, 1.3 km); bus stops within 400 m: 6, about 7,457 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 41,000 residents within 1 km (June 2026); 0 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.

Bus

6 bus stops within 400 m, with 7,457 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Serangoon Ga Rden Way) (URA)23 m
  • Serangoon Garden Way S Ervice Rd (URA)24 m
    S$0.60 per half-hour at midday on a weekday · 84 car lots
  • Farleigh Ave Off St (URA)83 m
    S$0.60 per half-hour at midday on a weekday · 44 car lots
  • Backlane (Farleigh Ave ) (URA)89 m
  • Penshurst Place (URA)92 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots

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

11

How many companies are registered at Serangoon Garden Estate?

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.

12

Frequently asked questions about Serangoon Garden Estate

Where is Serangoon Garden Estate?⌄

Serangoon Garden Estate is at 65,65A Serangoon Garden Way, Singapore 555961, in the Serangoon planning area.

What is Serangoon Garden Estate zoned as?⌄

Serangoon Garden Estate sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 1.4.

What is the tenure of Serangoon Garden Estate?⌄

Serangoon Garden Estate is 999-year leasehold. About 929 years remain on the lease.

What have units at Serangoon Garden Estate sold for?⌄

Across 1 recorded transaction, the median price is S$4,059 psf. The latest was in December 2018.

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