CommercialCOMMERCIALConservationDistrict 2 · Outram

120,120a,122,122a Neil Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2003
Quick Summary

120,120a,122,122a Neil Road is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. 1 transaction is on record since 1995, most recently in Aug 2003. 3 units are currently listed for sale or rent. ACRA records 11 live company registrations at this address.

1

What are the key facts about 120,120a,122,122a Neil Road?

Key takeaway120,120a,122,122a Neil Road is a commercial building in District 2 · Outram, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 2 · Outram
Address
120,120a,122,122a Neil Road
Land area
Transactions on record
1 (records start 1995)
Live listings
3
ACRA registrations
11
2

About 120,120a,122,122a Neil Road

120,120A,122,122A Neil Road is a commercial property in Outram (District 02). It is located along Neil Road, Singapore 088855.

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

1 transaction has been recorded here, at a median of S$634 psf. The most recent was in August 2003.

11 businesses are currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 295 m away (about a 5-minute walk). The closest bus stop (Bef The Pinnacle @Duxton) is 60 m away (about a 1-minute walk).

3

What is 120,120a,122,122a Neil Road zoned as?

Key takeaway120,120a,122,122a Neil Road sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Chinatown (Bukit Pasoh)
Conserved building
Yes
Urban design area
Udga
Central Area
Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has 120,120a,122,122a Neil Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2003 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2003Shop HouseS$2.15M3,391 sqft$634

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 120,120a,122,122a Neil 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 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

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 120,120a,122,122a Neil Road right now?

Key takeaway3 units are currently listed at 120,120a,122,122a Neil Road2 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • 120 Neil Road, 088855S$26.00M · 2,190 sqft
  • 120 Neil Road, 088855S$12.00M · 2,770 sqft

For rent (1)

  • 120 Neil Road, 088855S$14k/mo · 2,239 sqft

Browse every listing at this building →

7

What is near 120,120a,122,122a Neil Road?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 295 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 29 mBef The Pinnacle @Duxton · 60 mMaxwell MRT Exit 3 · 187 mCambridge Clinic · 193 mPlace Of Worship · 213 mDuxton Plain Pk · 232 mKreta Ayer Community Club · 282 mEducational Institution · 315 mOutram Polyclinic · 376 mOutram Community Hospital · 710 m

Competing premises nearby

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

Lotte Mart Pte. Ltd. · 269 mBlk 6 Tanjong Pagar Plaza · 317 m100 Am · 503 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 120,120a,122,122a Neil Road?

Key takeawayACRA records 11 live company registrations at this address, 8 of them in the last three years.
Live registrations
11
Registered last 3 years
8
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

Frequently asked questions about 120,120a,122,122a Neil Road

Where is 120,120A,122,122A Neil Road?

120,120A,122,122A Neil Road is at 120,120A,122,122A Neil Road, Singapore 088855, in the Outram planning area.

What is 120,120A,122,122A Neil Road zoned as?

120,120A,122,122A Neil Road sits on land zoned commercial under the URA Master Plan.

Is 120,120A,122,122A Neil Road a conserved property?

Yes. 120,120A,122,122A Neil Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 120,120A,122,122A Neil Road sold for?

Across 1 recorded transaction, the median price is S$634 psf. The latest was in August 2003.

What is the nearest MRT station to 120,120A,122,122A Neil Road?

Maxwell MRT is the closest, 295 m away (about a 5-minute walk).

How many businesses are registered at 120,120A,122,122A Neil Road?

11 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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