CommercialCOMMERCIALConservation999-year leaseholdDistrict 1 · Singapore River

1 Upper Circular Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2006
Quick Summary

1 Upper Circular Road is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Dec 2006. 1 unit is currently listed for sale. ACRA records 5 live company registrations at this address.

1

What are the key facts about 1 Upper Circular Road?

Key takeaway1 Upper Circular Road is a commercial building in District 1 · Singapore River, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
999-year leasehold
District / Area
District 1 · Singapore River
Address
1 Upper Circular Road
Land area
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
5
2

About 1 Upper Circular Road

1 Upper Circular Road is a commercial property in Singapore River (District 01). It is located along Upper Circular Road, Singapore 058400.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

The site is 999-year leasehold, with about 811 years remaining on the lease.

1 transaction has been recorded here, at a median of S$4,650 psf. The most recent was in December 2006.

5 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 222 m away (about a 4-minute walk). The closest bus stop (Opp Clarke Quay Stn) is 133 m away (about a 2-minute walk).

3

What is 1 Upper Circular Road zoned as?

Key takeaway1 Upper Circular Road sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Conservation area
Upper Circular Road
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: built 837 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 1 Upper Circular Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2006Shop HouseS$4.38M942 sqft$4,650

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

What do commercial rents run near 1 Upper Circular Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 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 1 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

6

What is available at 1 Upper Circular Road right now?

Key takeaway1 unit is currently listed at 1 Upper Circular Road. One row per unit; several agents often market the same unit.

For sale (1)

  • ❤️❤️Corner 6-storey Commercial Bldg in prime CBD 10,000sfS$32.00M · 10,000 sqft

Browse every listing at this building →

7

What is near 1 Upper Circular Road?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 222 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 70 mOpp Clarke Quay Stn · 133 mParliament Promenade · 165 mClarke Quay MRT Exit E · 187 mCosmopolitan Clinic · 191 mPlace Of Worship · 401 mEducational Institution · 638 mKreta Ayer Community Club · 997 m

Competing premises nearby

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

Clarke Quay Central · 230 mCold Storage Singapore (1983) Pte Ltd · 350 mHong Lim Market & Food Centre · 448 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 1 Upper Circular Road?

Key takeawayACRA records 5 live company registrations at this address, 2 of them in the last three years.
Live registrations
5
Registered last 3 years
2
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.

9

What is 1 Upper Circular Road's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
255 kWh/m²·yr
10

Frequently asked questions about 1 Upper Circular Road

Where is 1 Upper Circular Road?

1 Upper Circular Road is at 1 Upper Circular Road, Singapore 058400, in the Singapore River planning area.

What is 1 Upper Circular Road zoned as?

1 Upper Circular Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of 1 Upper Circular Road?

1 Upper Circular Road is 999-year leasehold. About 811 years remain on the lease.

Is 1 Upper Circular Road a conserved property?

Yes. 1 Upper Circular Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 1 Upper Circular Road sold for?

Across 1 recorded transaction, the median price is S$4,650 psf. The latest was in December 2006.

What is the nearest MRT station to 1 Upper Circular Road?

Clarke Quay MRT is the closest, 222 m away (about a 4-minute walk).

How many businesses are registered at 1 Upper Circular Road?

5 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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