CommercialCOMMERCIAL & RESIDENTIALDistrict 7 · Downtown Core

232 Bain Street

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

232 Bain Street is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. ACRA records 9 live company registrations at this address.

1

What are the key facts about 232 Bain Street?

Key takeaway232 Bain Street is a commercial building in District 7 · Downtown Core, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 7 · Downtown Core
Address
Land area
8,865 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
9

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About 232 Bain Street

232 Bain Street is a commercial building in Downtown Core (District 07). It is located along Bain Street, Singapore 180232.

Under the URA Master Plan it sits on land zoned commercial & residential. It lies inside the Central Area.

It occupies roughly 8,865 sqm of land with about 39,150 sqm of gross floor area.

9 businesses are currently registered at this address with ACRA.

The nearest MRT is Bras Basah MRT, 298 m away (about a 5-minute walk). The closest bus stop (Bras Basah Cplx) is 39 m away (about a 1-minute walk). Chijmes is 244 m away (about a 4-minute walk).

3

What is 232 Bain Street zoned as?

Key takeaway232 Bain Street sits on land zoned COMMERCIAL & RESIDENTIAL, inside the Central Area.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 do commercial rents run near 232 Bain Street?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)
5.0%
4.5% net of property tax
Rent side (median of bands)
$106.44 psm/mo
2026Q2
Price side (strata, 5y)
$2,353 psf
231 sales

An INDICATIVE AREA yield for District 7 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 7 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$65.63$77.77$101.79
B1 & Below · 30 & Below$58.19$114.29$345.38
Level 4 & Above · 30 & Below$85.23$111.50$131.58
Level 1 · 30 & Below$86.33$95.24$110.00
Level 4 & Above · >30 - 100$59.29$108.48$136.75
Level 1 · >30 - 100$93.54$118.89$225.20
Level 2 & 3 · >30 - 100$65.50$89.70$119.75
B1 & Below · >30 - 100$69.36$86.33$409.96

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.

5

What is near 232 Bain Street?

Key takeawayThe nearest MRT/LRT is Bras Basah MRT, about 298 m away.

Getting around

Amenities nearby

Shalom Medical Group · 20 mBras Basah Cplx · 39 mHotel · 53 mPlace Of Worship · 91 mEducational Institution · 91 mBras Basah MRT Exit A · 225 mChijmes · 244 mCold Storage Singapore (1983) Pte Ltd · 309 mWar Memorial Pk · 477 mAlbert Centre Market & Food Centre · 480 m

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at 232 Bain Street?

Key takeawayACRA records 9 live company registrations at this address, 4 of them in the last three years.
Live registrations
9
Registered last 3 years
4
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.

7

Frequently asked questions about 232 Bain Street

Where is 232 Bain Street?

232 Bain Street is at Bain Street, Singapore 180232, in the Downtown Core planning area.

What is 232 Bain Street zoned as?

232 Bain Street sits on land zoned commercial & residential under the URA Master Plan.

Have there been any recorded transactions at 232 Bain Street?

No caveats have been lodged for 232 Bain Street in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 232 Bain Street?

Bras Basah MRT is the closest, 298 m away (about a 5-minute walk).

How many businesses are registered at 232 Bain Street?

9 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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