CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 19 · Hougang

The Midtown

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2025
Quick Summary

The Midtown 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 leasehold with roughly 86 years remaining. 118 transactions are on record since 1995, most recently in Sept 2025. 34 units are currently listed for sale or rent. ACRA records 101 live company registrations at this address.

1

What are the key facts about The Midtown?

Key takeawayThe Midtown is a commercial building in District 19 · Hougang, zoned COMMERCIAL & RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Leasehold
District / Area
District 19 · Hougang
Address
1187 Upper Serangoon Road
Land area
5,300 sqm
Transactions on record
118 (records start 1995)
Live listings
34
ACRA registrations
101
2

About The Midtown

The Midtown is a commercial building in Hougang (District 19). It is located along Upper Serangoon Road, Singapore 533971.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.

The site is leasehold, with about 86 years remaining on the lease. It occupies roughly 5,300 sqm of land with about 16,838 sqm of gross floor area.

118 transactions have been recorded here, at a median of S$4,276 psf. The most recent was in September 2025.

101 businesses are currently registered at this address with ACRA.

The nearest MRT is Hougang MRT, 319 m away (about a 5-minute walk). The closest bus stop (The Midtown) is 43 m away (about a 1-minute walk).

3

What is The Midtown zoned as?

Key takeawayThe Midtown sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
BCA-verified envelope: allowable GFA 15,900 sqm · built 6,359 sqm · headroom 9,541 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has The Midtown sold for?

Key takeawayAcross 118 recorded transactions since 1995, the median price is about S$2.39M, most recently in Sept 2025.
DateUsePriceAreaPSF
Sept 2025RetailS$1.65M797 sqft$2,071
Sept 2025RetailS$1.65M797 sqft$2,071
Jun 2025RetailS$1.70M764 sqft$2,224
Sept 2024RetailS$1.80M753 sqft$2,389
Feb 2024RetailS$925k344 sqft$2,685
Oct 2023RetailS$1.80M764 sqft$2,355
Feb 2022RetailS$888k258 sqft$3,437
Dec 2021RetailS$780k258 sqft$3,019
Oct 2021RetailS$1.07M301 sqft$3,547
Nov 2020RetailS$1.50M732 sqft$2,049

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

How does Upper Serangoon Road price?

Key takeawayAcross 24 strata sales on Upper Serangoon Road in the last 5 years, the median is $2,071 psf.
Strata sales on the street (5y)
24
Street median PSF (strata)
$2,071

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near The Midtown?

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.

7

What is available at The Midtown right now?

Key takeaway34 units are currently listed at The Midtown24 for sale and 10 for rent. One row per unit; several agents often market the same unit.

For sale (24)

  • The MidTownS$1.69M · 312 sqft
  • The MidTown2 agentsS$3.60M · 958 sqft
  • The MidTownS$3.50M · 807 sqft
  • The MidTown5 agentsS$1.80M · 786 sqft

For rent (10)

  • The MidTownS$5k/mo · 764 sqft
  • The MidTown2 agentsS$4k/mo · 334 sqft
  • The MidTown3 agentsS$6k/mo · 796 sqft
  • The MidTown2 agentsS$6k/mo · 500 sqft

Browse every listing at this building →

8

What is near The Midtown?

Key takeawayThe nearest MRT/LRT is Hougang MRT, about 319 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Trucare Medical And Surgery (Hougang) · 25 mThe Midtown · 43 mEducational Institution · 62 mJln Naung Pg · 276 mHougang MRT Exit B · 290 mPlace Of Worship · 448 mPunggol Community Club · 561 mHougang Polyclinic · 684 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 171 mHougang Mall · 270 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at The Midtown?

Key takeawayACRA records 101 live company registrations at this address, 29 of them in the last three years.
Live registrations
101
Registered last 3 years
29
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.

10

What is The Midtown's BCA building profile?

BCA building type
Retail
Green Mark
NA (NA)
Energy use intensity
337 kWh/m²·yr
11

Frequently asked questions about The Midtown

Where is The Midtown?

The Midtown is at 1187 Upper Serangoon Road, Singapore 533971, in the Hougang planning area.

What is The Midtown zoned as?

The Midtown sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of The Midtown?

The Midtown is leasehold. About 86 years remain on the lease.

What have units at The Midtown sold for?

Across 118 recorded transactions, the median price is S$4,276 psf. The latest was in September 2025.

What is the nearest MRT station to The Midtown?

Hougang MRT is the closest, 319 m away (about a 5-minute walk).

How many businesses are registered at The Midtown?

101 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.

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