CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 8 · Rochor

128 Race Course Road

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2010
Quick Summary

128 Race Course Road is a commercial building in District 8 · Rochor, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.5. It is freehold. 2 transactions are on record since 1995, most recently in May 2010. ACRA records 9 live company registrations at this address.

1

What are the key facts about 128 Race Course Road?

Key takeaway128 Race Course Road is a commercial building in District 8 · Rochor, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.5
Tenure
Freehold
District / Area
District 8 · Rochor
Address
128 Race Course Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
9
2

About 128 Race Course Road

128 Race Course Road is a commercial property in Rochor (District 08). It is located along Race Course Road, Singapore 218586.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.5. It lies inside the Central Area.

The site is freehold.

2 transactions have been recorded here, at a median of S$1,022 psf. The most recent was in May 2010.

9 businesses are currently registered at this address with ACRA.

The nearest MRT is Farrer Park MRT, 286 m away (about a 4-minute walk). The closest bus stop (Aft Blk 672B) is 147 m away (about a 2-minute walk).

3

What is 128 Race Course Road zoned as?

Key takeaway128 Race Course Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.5, inside the Central Area.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.5
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 128 Race Course Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2010Shop HouseS$3.30M2,396 sqft$1,377
Feb 2007Shop HouseS$1.60M2,396 sqft$668

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

How does Race Course Road price?

Strata sales on the street (5y)
2

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.

6

What do commercial rents run near 128 Race Course 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 8 retail

Gross yield (area)
3.0%
2.7% net of property tax
Rent side (median of bands)
$73.77 psm/mo
2026Q2
Price side (strata, 5y)
$2,744 psf
57 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$92.22$107.29$134.61
Level 2 & 3 · 30 & Below$60.38$67.06$71.17
Level 1 · >30 - 100$65.65$79.01$105.39
Level 2 & 3 · >30 - 100$53.41$58.43$108.12
B1 & Below · >30 - 100$185.86$205.31$205.79
Level 1 · >100 - 300$43.81$68.53$71.93
Level 4 & Above · >100 - 300$86.62$94.73$108.30
B1 & Below · >300$50.00$59.34$62.68

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.

7

What is near 128 Race Course Road?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 286 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 66 mHotel · 118 mAft Blk 672B · 147 mSingapore Medical Clinic · 202 mFarrer Park MRT Exit F · 224 mEducational Institution · 268 mRowell Rd Os · 326 mPek Kio Community Centre · 387 mFarrer Park Hospital · 388 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 323 mTekka Market · 427 mCity Square Mall · 529 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 128 Race Course Road?

Key takeawayACRA records 9 live company registrations at this address, 5 of them in the last three years.
Live registrations
9
Registered last 3 years
5
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 128 Race Course Road

Where is 128 Race Course Road?

128 Race Course Road is at 128 Race Course Road, Singapore 218586, in the Rochor planning area.

What is 128 Race Course Road zoned as?

128 Race Course Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of 128 Race Course Road?

128 Race Course Road is freehold.

What have units at 128 Race Course Road sold for?

Across 2 recorded transactions, the median price is S$1,022 psf. The latest was in May 2010.

What is the nearest MRT station to 128 Race Course Road?

Farrer Park MRT is the closest, 286 m away (about a 4-minute walk).

How many businesses are registered at 128 Race Course Road?

9 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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