CommercialCOMMERCIALConservationFreeholdDistrict 8 · Kallang

231 Jalan Besar

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2019
Quick Summary

231 Jalan Besar is a commercial building in District 8 · Kallang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 1 transaction is on record since 1995, most recently in Nov 2019. ACRA records 0 live company registrations at this address.

1

What are the key facts about 231 Jalan Besar?

Key takeaway231 Jalan Besar is a commercial building in District 8 · Kallang, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 8 · Kallang
Address
231 Jalan Besar
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 231 Jalan Besar

231 Jalan Besar is a commercial property in Kallang (District 08). It is located along Jalan Besar, Singapore 208907.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold.

1 transaction has been recorded here, at a median of S$3,597 psf. The most recent was in November 2019.

The nearest MRT is Farrer Park MRT, 543 m away (about a 8-minute walk). The closest bus stop (Bef Tai Hoe Hotel) is 45 m away (about a 1-minute walk).

3

What is 231 Jalan Besar zoned as?

Key takeaway231 Jalan Besar sits on land zoned COMMERCIAL with a gross plot ratio of 3.0, with conservation status.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Conservation area
Jalan Besar
Conserved building
Yes

Run the full zoning report for this building →

4

What has 231 Jalan Besar sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2019Shop HouseS$5.30M1,474 sqft$3,597

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 Jalan Besar price?

Key takeawayAcross 44 strata sales on Jalan Besar in the last 5 years, the median is $2,644 psf.
Strata sales on the street (5y)
44
Street median PSF (strata)
$2,644

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

6

What do commercial rents run near 231 Jalan Besar?

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

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 Jalan Besar?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 543 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 35 mBef Tai Hoe Hotel · 45 mHan's Clinic · 106 mPlace Of Worship · 140 mSomme Rd Pg · 218 mFarrer Park MRT Exit H · 318 mJalan Besar Community Club · 479 mEducational Institution · 491 mFarrer Park Hospital · 563 mKallang Polyclinic · 810 m

Competing premises nearby

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

Mustafa Holdings Pte Ltd · 231 mCity Square Mall · 243 mBerseh Food Centre · 265 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 231 Jalan Besar?

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 Jalan Besar

Where is 231 Jalan Besar?

231 Jalan Besar is at 231 Jalan Besar, Singapore 208907, in the Kallang planning area.

What is 231 Jalan Besar zoned as?

231 Jalan Besar sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 231 Jalan Besar?

231 Jalan Besar is freehold.

Is 231 Jalan Besar a conserved property?

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

What have units at 231 Jalan Besar sold for?

Across 1 recorded transaction, the median price is S$3,597 psf. The latest was in November 2019.

What is the nearest MRT station to 231 Jalan Besar?

Farrer Park MRT is the closest, 543 m away (about a 8-minute walk).

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