CommercialCOMMERCIALConservationDistrict 1 · Outram

231,231a New Bridge Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Jan 2004
Quick Summary

231,231a New Bridge Road is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. 1 transaction is on record since 1995, most recently in Jan 2004. ACRA records 0 live company registrations at this address.

1

What are the key facts about 231,231a New Bridge Road?

Key takeaway231,231a New Bridge Road is a commercial building in District 1 · Outram, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 1 · Outram
Address
231,231a New Bridge Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 231,231a New Bridge Road

231,231A New Bridge Road is a commercial property in Outram (District 01). It is located along New Bridge Road, Singapore 059435.

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$2,190 psf. The most recent was in January 2004.

The nearest MRT is Chinatown MRT, 259 m away (about a 4-minute walk). The closest bus stop (New Bridge Ctr) is 67 m away (about a 1-minute walk).

3

What is 231,231a New Bridge Road zoned as?

Key takeaway231,231a New Bridge 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 (Kreta Ayer)
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 231,231a New Bridge Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jan 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2004Shop HouseS$1.36M621 sqft$2,190

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 New Bridge Road price?

Key takeawayAcross 21 strata sales on New Bridge Road in the last 5 years, the median is $1,800 psf.
Strata sales on the street (5y)
21
Street median PSF (strata)
$1,800

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near 231,231a New Bridge 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.

7

What is near 231,231a New Bridge Road?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 259 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

RafflesMedical (MBFC) · 28 mNew Bridge Ctr · 67 mChinatown MRT Exit A · 99 mPlace Of Worship · 201 mKreta Ayer Community Club · 238 mDuxton Plain Pk · 303 mHotel · 341 mEducational Institution · 646 mOutram Polyclinic · 663 mSingapore General Hospital · 783 m

Competing premises nearby

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

Chinatown Complex Market & Hawker Centre · 122 mWan Siew Yoong · 172 mChinatown Point · 264 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 231,231a New Bridge 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.

9

Frequently asked questions about 231,231a New Bridge Road

Where is 231,231A New Bridge Road?

231,231A New Bridge Road is at 231,231A New Bridge Road, Singapore 059435, in the Outram planning area.

What is 231,231A New Bridge Road zoned as?

231,231A New Bridge Road sits on land zoned commercial under the URA Master Plan.

Is 231,231A New Bridge Road a conserved property?

Yes. 231,231A New Bridge Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 231,231A New Bridge Road sold for?

Across 1 recorded transaction, the median price is S$2,190 psf. The latest was in January 2004.

What is the nearest MRT station to 231,231A New Bridge Road?

Chinatown MRT is the closest, 259 m away (about a 4-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on 231,231a New Bridge Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 231,231a New Bridge Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp