CommercialCOMMERCIAL999-year leaseholdDistrict 19 · Serangoon

Serangoon Garden Estate

Reviewed by Nathan TangUpdated 24 September 2026Data through Jun 2006
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 Jun 2006. ACRA records 2 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
55 Serangoon Garden Way
Land area
—
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
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 555951.

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$1,525 psf. The most recent was in June 2006.

2 businesses are currently registered at this address with ACRA.

The closest bus stop (Opp Penshurst Pl) is 29 m away (about a 0-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 Jun 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2006Shop HouseS$3.30M2,164 sqft$1,525

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.

5

What do commercial rents run near Serangoon Garden Estate?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
10.4%
9.4% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,179 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, 2026Q2)

Floor level · size band25th pctMedian75th 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.

6

What is near Serangoon Garden Estate?

Amenities nearby

Opp Penshurst Pl · 29 mKings Medical Centre · 54 mChuan Green Pg · 314 mPlace Of Worship · 363 mEducational Institution · 493 m

Competing premises nearby

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

Serangoon Garden Market · 111 mSferm Pte. Ltd. · 129 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Serangoon Garden Estate?

Key takeawayACRA records 2 live company registrations at this address, 2 of them in the last three years.
Live registrations
2
Registered last 3 years
2
Most common type
Local Company

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.

8

Frequently asked questions about Serangoon Garden Estate

Where is Serangoon Garden Estate?⌄

Serangoon Garden Estate is at 55 Serangoon Garden Way, Singapore 555951, 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$1,525 psf. The latest was in June 2006.

How many businesses are registered at Serangoon Garden Estate?⌄

2 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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