CommercialDistrict 5 · Queenstown

118,118a Pasir Panjang Road

Reviewed by Nathan TangUpdated 10 November 2026Data through Apr 2000
Quick Summary

118,118a Pasir Panjang Road is a commercial building in District 5 · Queenstown. 1 transaction is on record since 1995, most recently in Apr 2000. ACRA records 0 live company registrations at this address.

1

What are the key facts about 118,118a Pasir Panjang Road?

Key takeaway118,118a Pasir Panjang Road is a commercial building in District 5 · Queenstown.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Not on record
District / Area
District 5 · Queenstown
Address
118,118a Pasir Panjang Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 118,118a Pasir Panjang Road

118,118A Pasir Panjang Road is a commercial property in Queenstown (District 05). It is located along Pasir Panjang Road.

1 transaction has been recorded here, at a median of S$492 psf. The most recent was in April 2000.

3

What has 118,118a Pasir Panjang Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2000 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2000Shop HouseS$1.32M2,680 sqft$492

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

4

What does space at 118,118a Pasir Panjang Road rent for?

Key takeawayNo rent is published for 118,118a Pasir Panjang Road itself. On its street, Pasir Panjang Road, retail space rented at a median of $6.68 psf a month in 2026Q2, with the middle half of leases between $4.32 and $8.32. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Pasir Panjang Road

Street level · 2026Q2
25th pct
$4.32
$46.46 psm
Median
$6.68
$71.94 psm
75th pct
$8.32
$89.51 psm

S$ per sq ft per month · median -50% on a year earlier

2021Q3 · $73.74 psm2026Q2 · $71.94 psm median

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).

Office space on Pasir Panjang Road

Street level · 2026Q3
25th pct
—
— psm
Median
$9.00
$96.85 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

URA's percentiles of OFFICE rents 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. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 5 retail

Region band · 2026Q3
25th pct
$7.45
$80.17 psm
Median
$11.04
$118.89 psm
75th pct
$15.35
$165.18 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 5 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).

5

Market context around 118,118a Pasir Panjang Road

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.

6

What's been approved at 118,118a Pasir Panjang Road?

Key takeawayURA has approved 2 changes of use at 118,118a Pasir Panjang Road since 2000, most recently in 2020. 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.
  1. 14 Oct 2020Approved
    Change of use to gym/fitness centre

    Change of use of 1st storey premises to gym/fitness centre at 118 & 120 pasir panjang road (queenstown planning area)

  2. 20 Aug 2020Renewed
    Continued use as eating house

    Continued use of 2 units of the 1st storey premises as eating house at 118 & 120 pasir panjang road

  3. 21 Aug 2017Renewed
    Continued use as eating house

    Continued use of 2 units of the 1st storey from laundry and dry cleaning service shop as eating house at 118 & 120 pasir panjang road

  4. 22 Aug 2014Renewed
    Continued use as eating house

    Continued use of 2 units of the 1st storey from laundry and dry cleaning service shop as eating house at 118 & 120 pasir panjang road

  5. 22 Aug 2012Renewed
    Continued use as eating house

    Continued use of 2 units of the 1st storey from laundry and dry cleaning service shop as eating house

  6. 5 Sept 2005Renewed
    Continued use as eating house

    Continued use of 2 units of the 1st storey from laundry and dry cleaning service shop as eating house

  7. 21 May 2002Approved
    Change of use: laundry and dry cleaning service shop → eating house

    Proposed change of use of 2 units of the 1st storey from laundry and dry cleaning service shop to eating house

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).

7

How does Pasir Panjang Road price?

Strata sales on the street (5y)
9

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.

8

What do commercial rents run near 118,118a Pasir Panjang Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 5 retail

Gross yield (area)
5.9%
5.3% net of property tax
Rent side (median of bands)
$118.89 psm/mo
2026Q3
Price side (strata, 5y)
$2,263 psf
32 sales

An INDICATIVE AREA yield for District 5 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 5 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$50.00$57.14$376.27
Level 1 · 30 & Below$56.83$66.67$120.03
Level 2 & 3 · >30 - 100$90.07$125.08$160.38
Level 1 · >30 - 100$70.27$112.69$126.27
Level 1 · >100 - 300$108.14$129.44$203.65
Level 2 & 3 · >100 - 300$116.31$143.20$169.97

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.

9

How many companies are registered at 118,118a Pasir Panjang Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 118,118a Pasir Panjang Road

Where is 118,118A Pasir Panjang Road?⌄

118,118A Pasir Panjang Road is at 118,118A Pasir Panjang Road, in the Queenstown planning area.

What have units at 118,118A Pasir Panjang Road sold for?⌄

Across 1 recorded transaction, the median price is S$492 psf. The latest was in April 2000.

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