CommercialRESIDENTIALConservationDistrict 2 · Outram

231 Cantonment Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2010
Quick Summary

231 Cantonment Road is a commercial building in District 2 · Outram, 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 2 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 · Outram, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 2 · Outram
Address
231 Cantonment Road
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
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. sqm ↔ sq ft converter

5

What does space at 231 Cantonment Road rent for?

Key takeawayNo rent is published for 231 Cantonment Road itself. On its street, Cantonment Road, office space rented at a median of $7.05 psf a month in 2026Q2, with the middle half of leases between $6.91 and $7.15. That is not this building's own rent, and never a quote for a particular unit.

Office space on Cantonment Road

Street level · 2026Q2
25th pct
$6.91
$74.42 psm
Median
$7.05
$75.87 psm
75th pct
$7.15
$76.94 psm

S$ per sq ft per month

2021Q2 · $67.61 psm2026Q2 · $75.87 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 2 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

6

Market context around 231 Cantonment Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

7

What's been approved at 231 Cantonment Road?

Key takeawayURA's planning decisions at 231 Cantonment Road since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 9 Oct 2025Renewed
    Continued use as service apartment

    Continued use of 231 cantonment road as service apartment

  2. 3 Nov 2020Renewed
    Continued use as service apartment

    Continued use of 231 cantonment road as service apartment

  3. 26 Oct 2015Renewed
    Continued use as service apartment

    Continued use of 231 cantonment road as service apartment

  4. 13 Oct 2014Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations to existing 3-storey conservation shophouse with new 6-storey rear extension from residential building into service apartment (8 units) at 231 cantonment road

  5. 1 Jul 2014Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations to existing 3-storey conservation shophouse with new 6-storey rear extension from residential building into service apartment (8 units) on lot 675k ts 23 at 231 cantonment road (outram planning area)

  6. 15 Nov 2012Approved
    Additions & alterations

    Proposed additions and alterations to existing 3-storey conservation shophouse with new 6-storey rear extension from residential building into service apartment (8 units)

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

8

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.

9

What do commercial rents run near 231 Cantonment Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th pct
Category 2 · 100 & Below$54.65$69.39$88.80
Category 1 · 100 & Below$103.62$122.24$132.43
Category 1 · >100 - 200$116.28$126.99$148.35
Category 2 · >100 - 200$65.57$82.87$97.63
Category 1 · >200 - 500$114.67$128.09$145.77
Category 2 · >200 - 500$64.83$82.57$94.73
Category 1 · >500 - 1000$106.56$137.78$148.23
Category 2 · >500 - 1000$85.04$89.34$109.80

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.

10

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.

11

Getting there and parking at 231 Cantonment Road

Key takeawayThe nearest station is Cantonment (CC31), 365 m away — a quiet station, with 3,987 taps in and out on an average weekday. 25 public car parks are within 500 m.
Foot traffic: busier than 61% of retail buildings

nearest MRT/LRT Cantonment (CC31) 365 m, about 3,987 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 14, about 12,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 19,000 residents within 1 km (June 2026); 2 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

  • Cantonment (CC31)365 m · 3,987 weekday taps
  • Tanjong Pagar (EW15)407 m · about 85,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)457 m · about 78,000 weekday taps
  • Prince Edward Road (CC32)530 m · 3,673 weekday taps
  • Maxwell (TE18)576 m · about 23,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 231 Cantonment Road. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Yan Kit Rd - Cantonmen T Rd Off St (URA)79 m
    S$1.20 per half-hour at midday on a weekday · 15 car lots
  • Yan Kit Rd (URA)105 m
    S$1.20 per half-hour at midday on a weekday · 11 car lots
  • Blk 1/6 Tanjong Pagar Mscp (HDB)107 m
    S$1.20 per half-hour at midday on a weekday · gantry 1.8 m · 384 car lots
  • Blk 1 Cantonment Road (HDB)194 m
    S$1.20 per half-hour at midday on a weekday · gantry 2.1 m · 1,095 car lots
  • Blk 10 Cantonment Close (HDB)254 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 962 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Blair Road-Everton Roa D Area, 510 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. 231 Cantonment Road's own car park, if it has one, and its charges are not in the open data.

12

Who's registered at 231 Cantonment Road?

Key takeaway2 live companies (and LLPs and branches; sole proprietors are not counted) list 231 Cantonment Road as their registered address. These are registered businesses, not who occupies the space.
  • Information and communications
    1
  • Real estate
    1
  • Wholesale and retail trade
    0
  • Manufacturing
    0
  • Other services
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

13

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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This development is also registered as the residential project Triple 2 Studio.