CommercialRESIDENTIALFreeholdDistrict 19 · Serangoon

Yikai Court

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 1997

Quick Summary

Yikai Court is a commercial building in District 19 · Serangoon, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 2 transactions are on record since 1995, most recently in Apr 1997. ACRA records 17 live company registrations at this address.

The facts are here — now get the verdict on Yikai Court.

Ask PropKaki

What are the key facts about Yikai Court?

Key takeawayYikai Court is a commercial building in District 19 · Serangoon, zoned RESIDENTIAL, held freehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 3.0
Tenure: Freehold
District / Area: District 19 · Serangoon
Address: 371 Upper Paya Lebar Road
Land area: 1,690 sqm
Completed: Not on record
Storeys: Not on record
Strata lots (whole development, MCST): 15
Managing agent: SIERRA ASSET MANAGEMENT PTE LTD
Strata formed: 1996 (MCST 2010)
Submarket: Suburban
Units with a recorded sale: At least 2
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 17

About Yikai Court

Yikai Court is a mixed-use building in Serangoon (District 19). It is located along Upper Paya Lebar Road, Singapore 534969.

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

The site is freehold. It occupies roughly 1,690 sqm of land with about 5,069 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$1,090 psf. The most recent was in April 1997.

22 businesses are currently registered at this address with ACRA.

The nearest MRT is Bartley MRT, 623 m away (about a 10-minute walk). The closest bus stop (Opp Bethany Presby Ch) is 39 m away (about a 1-minute walk).

What is Yikai Court zoned as?

Key takeawayYikai Court sits on land zoned RESIDENTIAL with a gross plot ratio of 3.0.

Land-use zone: RESIDENTIAL
Gross plot ratio: 3.0

Run the full zoning report for this building →

What has Yikai Court sold for?

Key takeaway2 transactions are on record since 1995, most recently in Apr 1997 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 1997	Retail	S$1.44M	1,206 sqft	$1,191
Jan 1996	Retail	S$1.50M	1,518 sqft	$988

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

What does space at Yikai Court rent for?

Key takeawayNo rent is published for Yikai Court 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).

Market context around Yikai Court

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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.

What's been approved at Yikai Court?

Key takeawayURA has approved 2 changes of use at Yikai Court since 2000, most recently in 2000. 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.

13 Aug 2003RenewedFloor 1
Continued use as restaurant
Continued use of the 1st storey shop (#01-XX)as restaurant
28 Feb 2003RenewedFloor 1
Continued use as snack bar
Continued use of the 1st storey mini-market ( unit #01-XX) as snack bar
4 Sept 2000ApprovedFloor 1
Change of use to restaurant
Contnued use of the shop unit #01-XX to restaurant
25 Feb 2000ApprovedFloor 1
Change of use to snack bar
Change of use of the 1st sty mini-market (unit #01-XX) to snack bar

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).

How does Upper Paya Lebar Road price?

Strata sales on the street (5y)

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 Yikai Court?

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 band	25th pct	Median	75th 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.

What is near Yikai Court?

Key takeawayThe nearest MRT/LRT is Bartley MRT, about 623 m away — and 2 competing retail premisess operate nearby.

Getting around

Bartley MRT623 m · ~10 min

Amenities nearby

Opp Bethany Presby Ch · 39 mPlace Of Worship · 54 mLorong Ong Lye Park · 147 mEducational Institution · 374 mDaily Medical Centre · 382 mBartley MRT Exit B · 525 mHotel · 667 mBusiness Park · 1.1 km

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 · 426 mNex · 904 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Yikai Court

Key takeawayThe nearest station is Bartley (CC12), 525 m away — a moderately busy station, with about 19,000 taps in and out on an average weekday. 4 public car parks are within 500 m.

Foot traffic: busier than 28% of retail buildings

nearest MRT/LRT Bartley (CC12) 525 m, about 19,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 7, about 4,738 taps a weekday; Serangoon: 38,451 resident workers (Census 2020, by workplace); about 52,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Bartley (CC12)525 m · about 19,000 weekday taps
Serangoon (NE12 / CC13)660 m · about 119,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Yikai Court. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with 4,738 boardings and alightings on an average weekday.

Public car parks within 500 m

Upp Paya Lebar Rd Serv Ice Rd (URA)154 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Blk 159A Hougang Street 11 (HDB)410 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 270 car lots
Blk 421/427 Serangoon Central/Avenue 1 (HDB)416 m
S$0.60 per half-hour at midday on a weekday · gantry 5.4 m · 380 car lots
Blk 154-157 Hougang Street 11 (HDB)489 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 116 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Lim Tua Tow Area, 678 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Yikai Court's own car park, if it has one, and its charges are not in the open data.

Who's registered at Yikai Court?

Key takeaway17 live companies (and LLPs and branches; sole proprietors are not counted) list Yikai Court as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
9
Construction
3
Real estate
2
Wholesale and retail trade
1
Accommodation and food services
1
Other services
1
Information and communications
0
Professional, scientific and technical services
0
Education
0
Electricity, gas and air-conditioning supply
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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

Frequently asked questions about Yikai Court

Where is Yikai Court?⌄

Yikai Court is at 371 Upper Paya Lebar Road, Singapore 534969, in the Serangoon planning area.

What is Yikai Court zoned as?⌄

Yikai Court sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Yikai Court?⌄

Yikai Court is freehold.

What have units at Yikai Court sold for?⌄

Across 2 recorded transactions, the median price is S$1,090 psf. The latest was in April 1997.

What is the nearest MRT station to Yikai Court?⌄

Bartley MRT is the closest, 623 m away (about a 10-minute walk).

How many businesses are registered at Yikai Court?⌄

22 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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This development is also registered as the residential project Yikai Court.

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.