Commercial999-year leaseholdDistrict 9 · Singapore River

229,231 River Valley Road

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

229,231 River Valley Road is a commercial building in District 9 · Singapore River. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Mar 2010. 1 unit is currently listed for sale. ACRA records 0 live company registrations at this address.

1

What are the key facts about 229,231 River Valley Road?

Key takeaway229,231 River Valley Road is a commercial building in District 9 · Singapore River, held 999-year leasehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
Tenure
999-year leasehold
District / Area
District 9 · Singapore River
Address
229,231 River Valley Road
Land area
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
0
2

About 229,231 River Valley Road

229,231 River Valley Road is a commercial property in Singapore River (District 09). It is located along River Valley Road, Singapore 238287.

The site is 999-year leasehold, with about 814 years remaining on the lease.

1 transaction has been recorded here, at a median of S$3,015 psf. The most recent was in March 2010.

3

What has 229,231 River Valley Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2010Shop HouseS$9.55M3,169 sqft$3,015

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.

4

How does River Valley Road price?

Strata sales on the street (5y)
8

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.

5

What do commercial rents run near 229,231 River Valley 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 9 retail

Gross yield (area)
3.6%
3.2% net of property tax
Rent side (median of bands)
$140.33 psm/mo
2026Q2
Price side (strata, 5y)
$4,374 psf
184 sales

An INDICATIVE AREA yield for District 9 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 9 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$96.41$125.00$161.92
Level 1 · 30 & Below$116.17$145.26$294.10
B1 & Below · 30 & Below$211.72$338.73$498.21
Level 4 & Above · 30 & Below$90.90$124.33$165.55
Level 1 · >30 - 100$110.23$143.26$166.55
B1 & Below · >30 - 100$174.34$329.33$440.53
Level 2 & 3 · >30 - 100$101.61$137.40$180.53
Level 4 & Above · >30 - 100$100.04$115.15$145.94

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 229,231 River Valley Road right now?

Key takeaway1 unit is currently listed at 229,231 River Valley Road. One row per unit; several agents often market the same unit.

For sale (1)

  • 229 River Valley Road, 238287S$11.50M · 4,078 sqft

Browse every listing at this building →

7

How many companies are registered at 229,231 River Valley 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.

8

Frequently asked questions about 229,231 River Valley Road

Where is 229,231 River Valley Road?

229,231 River Valley Road is at 229,231 River Valley Road, Singapore 238287, in the Singapore River planning area.

What is the tenure of 229,231 River Valley Road?

229,231 River Valley Road is 999-year leasehold. About 814 years remain on the lease.

What have units at 229,231 River Valley Road sold for?

Across 1 recorded transaction, the median price is S$3,015 psf. The latest was in March 2010.

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