CommercialRESIDENTIALFreeholdDistrict 19 · Hougang

Upper Serangoon Shopping Centre

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2024
Quick Summary

Upper Serangoon Shopping Centre is a commercial building in District 19 · Hougang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 64 transactions are on record since 1995, most recently in Jul 2024. 11 units are currently listed for sale or rent. ACRA records 203 live company registrations at this address.

1

What are the key facts about Upper Serangoon Shopping Centre?

Key takeawayUpper Serangoon Shopping Centre is a commercial building in District 19 · Hougang, zoned RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Freehold
District / Area
District 19 · Hougang
Address
756 Upper Serangoon Road
Land area
3,996 sqm
Transactions on record
64 (records start 1995)
Live listings
11
ACRA registrations
203
2

About Upper Serangoon Shopping Centre

Upper Serangoon Shopping Centre is a mixed-use building in Hougang (District 19). It is located along Upper Serangoon Road, Singapore 534626.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

The site is freehold. It occupies roughly 3,996 sqm of land with about 11,188 sqm of gross floor area.

64 transactions have been recorded here, at a median of S$1,248 psf. The most recent was in July 2024.

203 businesses are currently registered at this address with ACRA.

The nearest MRT is Serangoon MRT, 744 m away (about a 12-minute walk). The closest bus stop (Aft Upp S'goon Shop Ctr) is 92 m away (about a 1-minute walk).

3

What is Upper Serangoon Shopping Centre zoned as?

Key takeawayUpper Serangoon Shopping Centre sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What has Upper Serangoon Shopping Centre sold for?

Key takeawayAcross 64 recorded transactions since 1995, the median price is about S$328k, most recently in Jul 2024.
DateUsePriceAreaPSF
Jul 2024RetailS$580k248 sqft$2,343
May 2024OfficeS$550k205 sqft$2,689
May 2024RetailS$510k248 sqft$2,060
Feb 2024RetailS$350k183 sqft$1,913
Oct 2023RetailS$1.08M570 sqft$1,893
Oct 2023RetailS$2.45M1,507 sqft$1,626
Aug 2023RetailS$388k205 sqft$1,897
Aug 2023OfficeS$428k205 sqft$2,093
Apr 2023RetailS$485k258 sqft$1,877
Apr 2023OfficeS$370k183 sqft$2,022

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 Upper Serangoon Shopping Centre?

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 Upper Serangoon Shopping Centre right now?

Key takeaway11 units are currently listed at Upper Serangoon Shopping Centre4 for sale and 7 for rent. One row per unit; several agents often market the same unit.

For sale (4)

  • Upper Serangoon Shopping CentreS$700k · 280 sqft
  • Upper Serangoon Shopping CentreS$455k · 172 sqft
  • Upper Serangoon Shopping Centre2 agentsS$469k · 172 sqft
  • Upper Serangoon Shopping CentreS$2.80M · 1,433 sqft

For rent (7)

  • Upper Serangoon Shopping CentreS$1k/mo · 172 sqft
  • Upper Serangoon Shopping Centre2 agentsS$1k/mo · 151 sqft
  • Upper Serangoon Shopping Centre4 agentsS$1k/mo · 238 sqft
  • Upper Serangoon Shopping CentreS$8k/mo · 1,000 sqft

Browse every listing at this building →

8

What is near Upper Serangoon Shopping Centre?

Key takeawayThe nearest MRT/LRT is Serangoon MRT, about 744 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 58 mAft Upp S'goon Shop Ctr · 92 mMission Medical Clinic · 130 mPlace Of Worship · 139 mJln Geneng Interim Pk · 228 mSerangoon MRT Exit D · 640 mEducational Institution · 671 mPaya Lebar Kovan Community Club · 950 m

Competing premises nearby

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

Prime Supermarket (1996) Pte Ltd · 189 mNex · 786 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Upper Serangoon Shopping Centre?

Key takeawayACRA records 203 live company registrations at this address, 64 of them in the last three years.
Live registrations
203
Registered last 3 years
64
Most common type
Sole Proprietorship/ Partnership

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

Frequently asked questions about Upper Serangoon Shopping Centre

Where is Upper Serangoon Shopping Centre?

Upper Serangoon Shopping Centre is at 756 Upper Serangoon Road, Singapore 534626, in the Hougang planning area.

What is Upper Serangoon Shopping Centre zoned as?

Upper Serangoon Shopping Centre sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Upper Serangoon Shopping Centre?

Upper Serangoon Shopping Centre is freehold.

What have units at Upper Serangoon Shopping Centre sold for?

Across 64 recorded transactions, the median price is S$1,248 psf. The latest was in July 2024.

What is the nearest MRT station to Upper Serangoon Shopping Centre?

Serangoon MRT is the closest, 744 m away (about a 12-minute walk).

How many businesses are registered at Upper Serangoon Shopping Centre?

203 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.

For agents · in the PropKaki app

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