CommercialRESIDENTIALConservationDistrict 2 · Bukit Merah

231 Cantonment Road

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

231 Cantonment Road is a commercial building in District 2 · Bukit Merah, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. 2 transactions are on record since 1995, most recently in Feb 2010. ACRA records 3 live company registrations at this address.

1

What are the key facts about 231 Cantonment Road?

Key takeaway231 Cantonment Road is a commercial building in District 2 · Bukit Merah, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 2 · Bukit Merah
Address
231 Cantonment Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
3
2

About 231 Cantonment Road

231 Cantonment Road is a mixed-use property in Bukit Merah (District 02). It is located along Cantonment Road, Singapore 089764.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

2 transactions have been recorded here, at a median of S$1,406 psf. The most recent was in February 2010.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Tanjong Pagar MRT, 507 m away (about a 8-minute walk). The closest bus stop (Blk 1G) is 40 m away (about a 1-minute walk).

3

What is 231 Cantonment Road zoned as?

Key takeaway231 Cantonment Road sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8, with conservation status, inside the Central Area.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Conservation area
Cantonment Road
Conserved building
Yes
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 231 Cantonment Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Feb 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2010Shop HouseS$6.28M2,643 sqft$2,376
Apr 2002Shop HouseS$1.15M2,643 sqft$435

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 Cantonment Road price?

Strata sales on the street (5y)
3

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 231 Cantonment 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.

7

What is near 231 Cantonment Road?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 507 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Shenton Family Medical Clinic (Duxton) · 37 mBlk 1G · 40 mEducational Institution · 62 mTanjong Pagar Community Club · 104 mHotel · 151 mPlace Of Worship · 212 mTras Link Pk · 302 mTanjong Pagar MRT Exit A · 407 mOutram Polyclinic · 588 mOutram Community Hospital · 700 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 · 214 m100 Am · 247 mBlk 6 Tanjong Pagar Plaza · 251 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 231 Cantonment Road?

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

Where is 231 Cantonment Road?

231 Cantonment Road is at 231 Cantonment Road, Singapore 089764, in the Bukit Merah planning area.

What is 231 Cantonment Road zoned as?

231 Cantonment Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

Is 231 Cantonment Road a conserved property?

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

What have units at 231 Cantonment Road sold for?

Across 2 recorded transactions, the median price is S$1,406 psf. The latest was in February 2010.

What is the nearest MRT station to 231 Cantonment Road?

Tanjong Pagar MRT is the closest, 507 m away (about a 8-minute walk).

How many businesses are registered at 231 Cantonment Road?

3 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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