CommercialFreeholdDistrict 19 · Hougang

Tai Keng Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2004
Quick Summary

Tai Keng Shopping Centre is a commercial building in District 19 · Hougang. It is freehold. 1 transaction is on record since 1995, most recently in Aug 2004. ACRA records 0 live company registrations at this address.

1

What are the key facts about Tai Keng Shopping Centre?

Key takeawayTai Keng Shopping Centre is a commercial building in District 19 · Hougang, held freehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 19 · Hougang
Address
308,310 Upper Paya Lebar Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Tai Keng Shopping Centre

Tai Keng Shopping Centre is a commercial building in Hougang (District 19). It is located along Upper Paya Lebar Road, Singapore 534938.

The site is freehold.

1 transaction has been recorded here, at a median of S$697 psf. The most recent was in August 2004.

3

What has Tai Keng Shopping Centre sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2004Shop HouseS$1.80M2,583 sqft$697

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

4

What does space at Tai Keng Shopping Centre rent for?

Key takeawayNo rent is published for Tai Keng Shopping Centre itself. On its street, Upper Paya Lebar Road, retail space rented at a median of $4.16 psf a month in 2021Q4. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Upper Paya Lebar Road

Street level · 2021Q4
25th pct
—
— psm
Median
$4.16
$44.81 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

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).

5

Market context around Tai Keng Shopping Centre

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.

6

What's been approved at Tai Keng Shopping Centre?

Key takeawayURA has approved 3 changes of use at Tai Keng Shopping Centre since 2000, most recently in 2009. 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.
  1. 3 Jul 2009Approved
    Change of use to pet shop

    Proposed change of use of the premises on the 1st storey to pet shop

  2. 27 Jun 2008Approved
    Change of use to car showroom-cum-office

    Retention of use of the 1st storey pet shop premises as car showroom-cum-office

  3. 18 Nov 2004Approved
    Change of use to pet shop

    Change of use of the 1st storey shop to pet shop

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).

7

How does Upper Paya Lebar Road price?

Strata sales on the street (5y)
1

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.

8

What do commercial rents run near Tai Keng Shopping Centre?

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

Who's registered at Tai Keng Shopping Centre?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Tai Keng Shopping Centre as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0
  • Transportation and storage
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

10

Frequently asked questions about Tai Keng Shopping Centre

Where is Tai Keng Shopping Centre?⌄

Tai Keng Shopping Centre is at 308,310 Upper Paya Lebar Road, Singapore 534938, in the Hougang planning area.

What is the tenure of Tai Keng Shopping Centre?⌄

Tai Keng Shopping Centre is freehold.

What have units at Tai Keng Shopping Centre sold for?⌄

Across 1 recorded transaction, the median price is S$697 psf. The latest was in August 2004.

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