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The Poiz Centre Review

The Poiz Centre Review
Mixed-Use & Strata Retail Review — District 13

The Poiz Centre

A 2-level strata retail podium anchoring a 731-unit residential enclave beside Potong Pasir MRT.

SGCPI Research Desk Updated August 2026 1 Meyappa Chettiar Road, Singapore 358287 99-YR LEASEHOLD FROM 2013

Street-level view of The Poiz Centre, 1 Meyappa Chettiar Road, Singapore 358287. Imagery: Google Street View (user-contributed imagery), accessed August 2026.

Project Overview

Building NameThe Poiz Centre
Address1 Meyappa Chettiar Road, Singapore 358287
DistrictDistrict 13 (Potong Pasir)
Tenure99-year leasehold from 2013
Zoning / UseCommercial — strata retail podium within Residential-with-Commercial development
Built Form2-storey retail podium beneath The Poiz Residences (three 30-storey towers, 731 units)
Land Area / GFA≈50,000 sq ft retail NLA across 84 strata commercial units
Completion Year2017
Nearest MRTPotong Pasir MRT (NE10), direct sheltered linkway
Key Road AccessPIE, CTE and KPE
Transacted PSF Range≈S$2,800 – S$3,600 psf
Sale Price Range≈S$850,000 – S$3.2 million per unit
Asking Rent Range≈S$8 – S$14 psf per month
Occupier BaseF&B, enrichment/tuition centres, clinics, salons, supermarket and banking services serving Poiz Residences and surrounding Potong Pasir HDB estate

Location & Connectivity

The Poiz Centre sits directly above Potong Pasir MRT station on the North East Line, occupying the ground and second storeys of a mixed-use block that also carries The Poiz Residences. Potong Pasir is a quiet, low-rise estate wedged between Toa Payoh and Bishan, and the mall functions as the estate’s de facto town centre, a role it has held since completion in 2017 replacing the older Kim Keat Palm-era retail nodes nearby.

Connectivity is the mall’s clearest strength. The direct, air-conditioned linkway into Potong Pasir MRT gives shoppers and tenants sheltered access to the North East Line without stepping outdoors, while the estate itself sits within a short drive of the Pan-Island Expressway, Central Expressway and Kallang-Paya Lebar Expressway, giving vehicle-owning residents fast reach into the CBD, Novena medical belt and eastern Singapore.

Within walking distance are Potong Pasir Community Club, several established primary and secondary schools, and the ABC Waters corridor along the Kallang River, which draws a steady flow of residents on foot and by bicycle past the mall’s frontage. The absence of a large regional mall nearby means catchment demand for daily needs, tuition and F&B is concentrated almost entirely on this one retail node.

Location of The Poiz Centre. Map data: Google Maps, accessed August 2026.

Building & Facilities

The retail component is arranged over two levels wrapped around a central atrium, with shopfronts opening onto both the internal mall corridor and street-facing frontages along Meyappa Chettiar Road and Woodsville Close. Ceiling heights on the ground floor are generous enough to suit F&B fit-outs with extraction needs, while the upper level leans toward enrichment, clinic and personal-care use, which tend to prize quieter, less transient foot traffic.

Common facilities include shared toilets, a basement and multi-storey carpark serving both the mall and residential towers above, loading bays accessed from the service road, and centralised air-conditioning plant serving strata lots that opt in. Handover condition for most units is bare shell with cement screed floors and exposed services, typical of strata mall developments of this vintage, so incoming tenants generally budget for a full fit-out.

Because the mall sits below an occupied residential development, due-diligence should extend to the management corporation’s by-laws on operating hours, noise, cooking exhaust and signage, since these are set jointly across the mixed-use MCST rather than by retail landlords alone. Prospective buyers should request the latest MCST minutes and any pending additional-share resolutions before committing.

Unit Types & Floor Plan Notes

Strata lots at The Poiz Centre range from compact kiosk-style units to a full-floor anchor lot, giving buyers a spread of entry price points across the 84-unit retail podium.

Ground Floor — F&B Corner

≈800 – 1,200 sq ft

Corner lots with dual frontage onto the mall atrium and the MRT linkway, favoured by cafés and quick-service F&B for their double exposure to commuter and resident foot traffic.

Ground Floor — Standard Retail

≈400 – 700 sq ft

Narrow-frontage shop lots suited to convenience retail, bakeries and specialty stores, positioned along the main mall corridor between the MRT entrance and residential lobby.

Level 2 — Enrichment / Clinic

≈500 – 900 sq ft

Quieter upper-level units popular with tuition centres, allied-health clinics and salons, benefiting from lower rents than ground floor while still drawing resident-led repeat visits.

Ground Floor — Anchor Lot

≈3,000 – 4,000 sq ft

The mall’s largest strata lot, typically leased to a supermarket or large-format F&B operator that anchors footfall for the smaller surrounding units.

Ceiling Height: ≈3.0m ground floor, ≈2.8m level 2
Floor Loading: ≈5 kN/m² typical retail loading
Handover Condition: Bare shell, cement screed, exposed M&E
Loading / Unloading: Rear service road with designated loading bay, restricted hours
Air-Conditioning: Centralised chilled-water system, opt-in by lot

Investment Case

The Poiz Centre’s investment case rests on a captive, transit-fed catchment rather than destination-mall pulling power. It suits buyers looking for a smaller-ticket, owner-occupied or single-tenant strata retail unit rather than an income-diversified portfolio play.

What Works

  • Direct, sheltered linkway into Potong Pasir MRT drives reliable daily commuter footfall
  • Only significant retail node serving the Potong Pasir estate, limiting nearby strata-mall competition
  • Built-in demand base from 731 residential units directly above the podium
  • Relatively young building (completed 2017) with modern M&E and fire-safety systems
  • Mixed occupier base (F&B, clinics, enrichment) spreads reliance away from any single trade sector

What to Weigh Carefully

  • Small overall retail footprint (≈50,000 sq ft) caps achievable rental upside versus larger malls
  • Catchment is neighbourhood-scale, not regional, limiting draw beyond Potong Pasir and adjacent estates
  • Mixed-use MCST structure means retail owners share governance with a much larger residential voting bloc
  • Leasehold tenure from 2013 means the effective remaining lease shortens financing options over time
  • Strata resale liquidity for small commercial units in suburban malls tends to be thinner than for CBD retail

Who This Suits

The Poiz Centre is best suited to owner-operators running a single F&B, enrichment or personal-care outlet who want to be embedded in a stable, transit-linked residential catchment without CBD-level rents. It also appeals to smaller investors seeking a lower quantum strata retail entry point with a defined tenant profile, rather than those chasing high-yield or trophy-asset exposure. Buyers prioritising long-hold rental income over short-term capital-gains trading, and who are comfortable operating within a mixed-use MCST framework, will find the fundamentals here more workable than headline-grabbing.

Frequently Asked Questions

What is the permitted use for strata units at The Poiz Centre?
Units are zoned Commercial as part of a Residential-with-Commercial development, permitting retail, F&B, personal services, clinics and enrichment centres subject to URA guidelines and the mixed-use MCST’s house rules. Because the podium sits directly beneath 731 residential units, additional restrictions typically apply to operating hours, cooking exhaust, noise and signage that would not apply in a standalone commercial building. Certain trades — heavy food preparation, karaoke or entertainment uses, for instance — may require additional approval or may be restricted outright under the development’s by-laws. Buyers should always verify current permitted-use conditions with URA and request the MCST’s house rules before signing any lease or purchase agreement, since restrictions can be tightened over time by resident-majority votes.
Can foreigners buy a commercial unit at The Poiz Centre?
Yes. Singapore’s Residential Property Act restrictions on foreign ownership apply to residential property, not to commercial or retail units, so foreign individuals and foreign-owned entities can generally purchase strata commercial lots such as those at The Poiz Centre without the approvals required for landed or condominium housing. That said, because this is a mixed-use development combining residential towers with a commercial podium, some financing institutions and legal advisors treat the underlying land use conservatively, so foreign buyers should confirm eligibility with their conveyancing lawyer and bank early. Corporate buyers should also check that their entity structure and any group-level property holdings align with MAS and IRAS reporting requirements before completing a purchase.
Does ABSD apply to buying a unit here?
Additional Buyer’s Stamp Duty (ABSD) applies to residential property purchases in Singapore, not to commercial units. Because The Poiz Centre’s retail lots are zoned Commercial, a purchase of a strata shop or F&B unit here would not attract ABSD regardless of the buyer’s citizenship or the number of residential properties already owned. Buyers only pay the standard Buyer’s Stamp Duty (BSD) applicable to non-residential property. This is one of the more attractive features of commercial strata ownership relative to residential property in Singapore, and it is a key reason some investors prefer small commercial units over an additional condominium purchase. Always confirm the property’s current URA zoning classification before relying on this exemption.
How is BSD calculated for a commercial purchase here?
Buyer’s Stamp Duty for non-residential property in Singapore is charged on a tiered basis: 1% on the first S$180,000 of purchase price, 2% on the next S$180,000, 3% on the next S$640,000, and 4% on the remainder above S$1,000,000, calculated on the higher of purchase price or market value. For a typical Poiz Centre strata unit transacting in the S$850,000 to S$3.2 million range, BSD would land somewhere between roughly S$21,000 and S$113,000 depending on the exact price. Buyers should always compute BSD off the actual option-to-purchase price and confirm current rates with IRAS or their conveyancing lawyer, since stamp duty schedules are periodically revised in the Singapore Budget.
Would GST apply to a purchase or lease at The Poiz Centre?
GST treatment depends on the seller’s or landlord’s registration status rather than the property type itself. If the vendor is a GST-registered entity, the sale or lease of a commercial unit is typically a taxable supply, meaning GST is charged on top of the purchase price or rent, whereas a sale by a non-GST-registered individual owner would not attract GST. Tenants signing leases should check whether quoted rent is GST-inclusive, since this materially affects total occupancy cost. Buyers financing a purchase should also confirm whether GST is payable upfront and, if applicable, whether they can register for GST themselves to recover input tax. A property tax advisor should verify the specific position before transacting.
How does the remaining lease affect financing options?
The Poiz Centre’s commercial units sit on a 99-year lease from 2013, so roughly 86 years remained as of 2026 — comfortably within most banks’ lending comfort zone for commercial mortgages, which is generally more forgiving of shorter tenures than residential lending. Banks typically assess loan tenure and quantum against the remaining lease at loan maturity, and commercial loans are usually capped around a shorter maximum tenure than residential loans regardless of remaining lease. Buyers should still expect lenders to apply loan-to-value haircuts and higher interest margins than for residential property, and should shop financing across a few banks, since commercial lending appetite and terms vary more than for HDB or condominium purchases.
What kind of rental yield can owners expect?
Asking rents at The Poiz Centre run roughly S$8 to S$14 psf per month depending on floor level, frontage and unit size, with ground-floor corner lots commanding the top of that range and level-2 enrichment or clinic units toward the lower end. Against transacted prices of roughly S$2,800 to S$3,600 psf, gross yields for well-let units typically work out in the region of 3% to 4.5% per annum before deducting maintenance, property tax and any vacancy periods. Actual achieved yield varies significantly by unit position and tenant mix, and owners should stress-test projections against realistic vacancy assumptions rather than the first asking rent quoted by an agent, particularly for smaller or less visible upper-level lots.
How old is the building and what does that mean for buyers?
The Poiz Centre received its Temporary Occupation Permit in 2017, making it a relatively young strata mall as of 2026, with roughly nine years of wear on M&E systems, lifts and common facilities. This youth generally means lower near-term major repair risk compared with older 1980s and 1990s strata malls, and modern fire-safety and accessibility compliance built in from completion. Buyers should still request the building’s maintenance and sinking fund records, recent major repair history, and any planned upgrading works from the MCST, since even younger developments can face early-life defects or aircon plant issues that surface within the first decade of operation.
Is en-bloc or redevelopment a realistic prospect?
En-bloc sales are far less likely for The Poiz Centre than for older, under-utilised sites, given the building was only completed in 2017 and sits on a 99-year lease from 2013 with roughly 86 years remaining. En-bloc economics generally favour older developments nearing lease-decay concerns or those significantly under-built relative to current plot ratio, neither of which applies here in the near term. Because the retail podium shares a single MCST with 731 residential units, any en-bloc attempt would also require an unusually high consensus across a much larger and more diverse ownership base. Investors should treat redevelopment upside as a multi-decade, low-probability scenario rather than a near-term thesis for this property.
What are the parking and loading arrangements?
The development includes a shared basement and multi-storey carpark serving both the retail podium and residential towers, with short-term visitor lots typically available for shoppers and diners, though weekend and evening capacity can tighten given shared use with residents. Loading and unloading for retail and F&B tenants is handled via a rear service road with a designated bay, generally subject to restricted time windows to avoid conflict with resident traffic and pedestrian flow near the MRT linkway. Prospective tenants with frequent delivery needs, particularly F&B operators, should confirm loading-bay access hours and any booking system with the managing agent before signing a lease, as this can materially affect day-to-day operations.
What should buyers expect for MCST maintenance fees?
As part of a mixed-use development, commercial unit owners contribute to the Management Corporation Strata Title (MCST) budget based on their unit’s share value, covering common area upkeep, security, cleaning, lift maintenance and the sinking fund for major repairs. Maintenance fees for commercial lots in mixed residential-commercial developments in Singapore commonly range from roughly S$0.50 to S$1.20 psf per month depending on unit size, floor level and the scope of shared facilities, though the exact figure should always be confirmed against The Poiz Centre’s latest MCST budget. Because voting share is split across a much larger residential population, commercial owners should also review historical AGM minutes to understand how budget decisions affecting retail common areas have typically been made.
How liquid is the resale market for units here?
Resale liquidity for small strata commercial units in suburban, neighbourhood-scale malls like The Poiz Centre is generally thinner than for larger CBD retail or standalone commercial buildings, since the buyer pool is narrower and often limited to owner-operators or small investors familiar with the specific estate. Transaction volumes tend to be lumpy, with periods of limited activity between sales, and pricing can be sensitive to the specific unit’s floor level, frontage and current tenancy status. Sellers should budget for a longer marketing period than for residential property and consider that an occupied unit with a stable, in-place tenant often transacts more smoothly than a vacant one, since buyers can underwrite income from day one.
What business types tend to succeed at The Poiz Centre?
Trades that lean on repeat, resident-driven demand tend to perform best here: cafés and casual F&B, bakeries, convenience and specialty grocery, tuition and enrichment centres, allied-health and aesthetic clinics, salons, and banking or essential services. Because the catchment is neighbourhood-scale rather than destination-driven, concepts reliant on large one-off footfall spikes or a wide non-local customer base — flagship fashion retail or big-format entertainment, for example — are generally a weaker fit for the space available. Prospective tenants and buyers should study the existing tenant mix and any vacancy patterns before committing, since a trade that duplicates an already well-served category may face harder competition than one filling a genuine gap in the estate’s offering.

This article is for general informational purposes only and does not constitute financial, legal or investment advice. Figures marked with “≈” are reasonable estimates based on publicly available information and should be independently verified before any transaction decision. Prospective buyers and tenants should conduct their own due diligence and consult qualified professionals, including licensed property agents, lawyers and financial advisors, before purchasing, leasing or investing in any property referenced here.

© 2026 SG Commercial Property Insights. All rights reserved.

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