Tai Peng Gardens
Tai Peng Gardens is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in Nov 2005. ACRA records 2 live company registrations at this address.
What are the key facts about Tai Peng Gardens?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- 999-year leasehold
- District / Area
- District 19 · Hougang
- Address
- 1022b Upper Serangoon Road
- Land area
- —
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 2
About Tai Peng Gardens
Tai Peng Gardens is a mixed-use building in Hougang (District 19). It is located along Upper Serangoon Road, Singapore 534760.
Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.
The site is 999-year leasehold, with about 940 years remaining on the lease.
2 transactions have been recorded here, at a median of S$32 psf. The most recent was in November 2005.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Kovan MRT, 472 m away (about a 7-minute walk). The closest bus stop (Opp Glad Tidings Ch) is 96 m away (about a 2-minute walk).
What is Tai Peng Gardens zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
What has Tai Peng Gardens sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 2005 | Shop House | S$650k | 16,169 sqft | $40 |
| Oct 2005 | Shop House | S$410k | 16,169 sqft | $25 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Upper Serangoon Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Tai Peng Gardens?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is near Tai Peng Gardens?
Getting around
- Kovan MRT472 m · ~7 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 Tai Peng Gardens?
- Live registrations
- 2
- Registered last 3 years
- 0
- 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 Tai Peng Gardens
Where is Tai Peng Gardens?⌄
Tai Peng Gardens is at 1022B Upper Serangoon Road, Singapore 534760, in the Hougang planning area.
What is Tai Peng Gardens zoned as?⌄
Tai Peng Gardens sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Tai Peng Gardens?⌄
Tai Peng Gardens is 999-year leasehold. About 940 years remain on the lease.
What have units at Tai Peng Gardens sold for?⌄
Across 2 recorded transactions, the median price is S$32 psf. The latest was in November 2005.
What is the nearest MRT station to Tai Peng Gardens?⌄
Kovan MRT is the closest, 472 m away (about a 7-minute walk).
How many businesses are registered at Tai Peng Gardens?⌄
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.
The facts are here — now get the verdict on Tai Peng Gardens.
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 Tai Peng Gardens.