CommercialCOMMERCIAL999-year leaseholdDistrict 19 · Serangoon

Serangoon Garden Estate

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2023
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 Jul 2023. 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
60 Serangoon Garden Way
Land area
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 555956.

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 928 years remaining on the lease.

1 transaction has been recorded here, at a median of S$6,290 psf. The most recent was in July 2023.

The closest bus stop (S'goon Gdn Circus) is 47 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 Jul 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2023Shop HouseS$13.50M2,146 sqft$6,290

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)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 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

S'goon Gdn Circus · 47 mKings Medical Centre · 64 mPlace Of Worship · 386 mChuan Green Pg · 432 mEducational Institution · 551 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. · 48 mChomp Chomp Food Centre · 108 m

Straight-line distances. Source: PropKaki amenities data.

7

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.

8

Frequently asked questions about Serangoon Garden Estate

Where is Serangoon Garden Estate?

Serangoon Garden Estate is at 60 Serangoon Garden Way, Singapore 555956, 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 928 years remain on the lease.

What have units at Serangoon Garden Estate sold for?

Across 1 recorded transaction, the median price is S$6,290 psf. The latest was in July 2023.

For agents · in the PropKaki app

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