Square Foot Research Singapore

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PARKLANE SHOPPING MALL

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Project Information

Project Name

PARKLANE SHOPPING MALL

Street Name

Selegie Road

Property Type

Office / Shop

Tenure

99 Yrs FROM 1974

District / Planning Area

D7 / Rochor

Completion

Unknown

Indicative price range / Average*

Office: S$ 1,711 - S$ 1,770 psf / S$ 1,734 psf
Shop: S$ 1,460 - S$ 2,379 psf / S$ 1,772 psf

Indicative rental range / Average#

Office: S$ 0.00 - S$ 0.00 psf pm / S$ 4.21 psf pm
Shop: S$ 0.00 - S$ 0.00 psf pm / S$ 6.49 psf pm

Implied rental yield

Office: 2.91%
Shop: 4.40%

Historical high

Office: S$ 2,192 psf in May 2013 for a 420-sqft unit
Shop: S$ 3,737 psf in Oct 2021 for a 1,141-sqft unit

Indicative average price from historical high

Office: -20.9%
Shop: -52.6%

Historical low

Office: S$ 314 psf in Jul 2005 for a 764-sqft unit
Shop: S$ 188 psf in Feb 2007 for a 603-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: https://www.squarefoot.com.sg
Marker Project Type Tenure Distance
(m)
Lowest
price*
(S$ psf)
Average
price*
(S$ psf)
Highest
price*
(S$ psf)
Rental
25th*
(S$ psf pm)
Median
Rental*
(S$ psf pm)
Rental
75th*
(S$ psf pm)
Rental yield
(%)
PARKLANE SHOPPING MALL Office 99 Yrs FROM 1974 - 1,711 1,734 1,770 - 4.21 - 2.9
PARKLANE SHOPPING MALL Shop 99 Yrs FROM 1974 - 1,460 1,772 2,379 - 6.49 - 4.4
PEACE CENTRE/MANSIONS Office 99 Yrs FROM 1970 65 1,059 1,059 1,059 - 2.46 - 2.8
PEACE CENTRE/MANSIONS Shop 99 Yrs FROM 1970 65 1,452 1,452 1,452 - 3.86 - 3.2
SUNSHINE PLAZA Office 99 Yrs FROM 1997 183 1,719 1,753 1,787 - 4.82 - 3.3
SUNSHINE PLAZA Shop 99 Yrs FROM 1997 183 3,760 3,760 3,760 - 11.34 - 3.6
FORTUNE CENTRE Office 99 Yrs FROM 1980 318 1,608 1,608 1,608 - 4.39 - 3.3
FORTUNE CENTRE Shop 99 Yrs FROM 1980 318 2,628 2,628 2,628 - 5.74 - 2.6
GSM BUILDING Office 99 Yrs FROM 1978 357 1,376 1,376 1,376 - 4.39 - 3.8
BYLANDS BUILDING Office 99 Yrs FROM 1978 385 2,007 2,007 2,007 - 4.39 - 2.6

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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