Siglap V
Siglap V is a commercial building in District 15 · Bedok, 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. 9 transactions are on record since 1995, most recently in Oct 2025. 4 units are currently listed for sale or rent. ACRA records 16 live company registrations at this address.
What are the key facts about Siglap V?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 15 · Bedok
- Address
- 2 First Street
- Land area
- 3,105 sqm
- Transactions on record
- 9 (records start 1995)
- Live listings
- 4
- ACRA registrations
- 16
About Siglap V
Siglap V is a mixed-use building in Bedok (District 15). It is located along First Street, Singapore 458278.
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 is freehold. It occupies roughly 3,105 sqm of land with about 9,314 sqm of gross floor area.
9 transactions have been recorded here, at a median of S$3,329 psf. The most recent was in October 2025.
16 businesses are currently registered at this address with ACRA.
The nearest MRT is Siglap MRT, 762 m away (about a 12-minute walk). The closest bus stop (Opp Springvale) is 143 m away (about a 2-minute walk).
What is Siglap V zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
What has Siglap V sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2025 | Retail | S$4.30M | 1,292 sqft | $3,329 |
| Mar 2021 | Retail | S$4.20M | 1,292 sqft | $3,252 |
| Apr 2012 | Office | S$3.10M | 710 sqft | $4,364 |
| Mar 2012 | Office | S$4.00M | 1,184 sqft | $3,378 |
| Jan 2012 | Office | S$3.84M | 1,195 sqft | $3,216 |
| Mar 2011 | Office | S$2.30M | 710 sqft | $3,238 |
| Oct 2010 | Office | S$12.81M | 3,283 sqft | $3,902 |
| Oct 2010 | Retail | S$21.25M | 10,118 sqft | $2,100 |
| Oct 2010 | Office | S$2.83M | 829 sqft | $3,419 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does First Street price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Siglap V?
Indicative area yield — District 15 retail
An INDICATIVE AREA yield for District 15 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 15 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $60.00 | $91.67 | $123.00 |
| B1 & Below · 30 & Below | $75.81 | $109.64 | $243.47 |
| Level 2 & 3 · 30 & Below | $68.24 | $125.48 | $215.03 |
| Level 4 & Above · >30 - 100 | $50.75 | $55.22 | $59.76 |
| Level 1 · >30 - 100 | $89.55 | $111.66 | $176.50 |
| Level 2 & 3 · >30 - 100 | $74.56 | $115.04 | $179.95 |
| B1 & Below · >30 - 100 | $96.86 | $112.98 | $285.03 |
| Level 1 · >100 - 300 | $100.81 | $136.47 | $176.70 |
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 available at Siglap V right now?
For sale (1)
- Siglap VS$13.00M · 3,660 sqft
For rent (3)
- Siglap VS$9k/mo · 839 sqft
- Siglap VS$2k/mo · 280 sqft
- Siglap VS$8k/mo · 839 sqft
What is near Siglap V?
Getting around
- Siglap MRT762 m · ~12 min
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 Siglap V?
- Live registrations
- 16
- Registered last 3 years
- 7
- 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.
Frequently asked questions about Siglap V
Where is Siglap V?⌄
Siglap V is at 2 First Street, Singapore 458278, in the Bedok planning area.
What is Siglap V zoned as?⌄
Siglap V 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 Siglap V?⌄
Siglap V is freehold.
What have units at Siglap V sold for?⌄
Across 9 recorded transactions, the median price is S$3,329 psf. The latest was in October 2025.
What is the nearest MRT station to Siglap V?⌄
Siglap MRT is the closest, 762 m away (about a 12-minute walk).
How many businesses are registered at Siglap V?⌄
16 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.
The facts are here — now get the verdict on Siglap V.
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.
This development is also registered as the residential project Siglap V.