CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYConservationFreeholdDistrict 3 · Bukit Merah

243,243a Outram Road

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

243,243a Outram Road is a commercial building in District 3 · Bukit Merah, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 3 transactions are on record since 1995, most recently in Oct 2019. ACRA records 1 live company registration at this address.

1

What are the key facts about 243,243a Outram Road?

Key takeaway243,243a Outram Road is a commercial building in District 3 · Bukit Merah, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 3 · Bukit Merah
Address
243,243a Outram Road
Land area
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 243,243a Outram Road

243,243A Outram Road is a commercial property in Bukit Merah (District 03). It is located along Outram Road, Singapore 169045.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey 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.

3 transactions have been recorded here, at a median of S$2,303 psf. The most recent was in October 2019.

1 business is currently registered at this address with ACRA.

The nearest MRT is Havelock MRT, 455 m away (about a 7-minute walk). The closest bus stop (Bef Outram Flyover) is 30 m away (about a 0-minute walk).

3

What is 243,243a Outram Road zoned as?

Key takeaway243,243a Outram Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0, with conservation status.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Conservation area
Tiong Bahru
Conserved building
Yes
Urban design area
Zion Road/ Havelock Road Ud Area

Run the full zoning report for this building →

4

What has 243,243a Outram Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Oct 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2019Shop HouseS$5.18M1,528 sqft$3,389
Apr 2011Shop HouseS$3.52M1,528 sqft$2,303
Aug 2009Shop HouseS$1.48M1,528 sqft$968

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 Outram Road price?

Key takeawayAcross 26 strata sales on Outram Road in the last 5 years, the median is $1,729 psf.
Strata sales on the street (5y)
26
Street median PSF (strata)
$1,729

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

6

What do commercial rents run near 243,243a Outram 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 3 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$97.35 psm/mo
2026Q2
Price side (strata, 5y)
$3,219 psf
39 sales

An INDICATIVE AREA yield for District 3 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 3 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$95.98$132.22$183.14
Level 2 & 3 · 30 & Below$78.58$97.35$120.88
Level 1 · >30 - 100$79.82$93.70$105.25
Level 2 & 3 · >30 - 100$56.17$57.32$67.43
Level 2 & 3 · >100 - 300$169.34$207.58$229.29

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 243,243a Outram Road?

Key takeawayThe nearest MRT/LRT is Havelock MRT, about 455 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 22 mBef Outram Flyover · 30 mPlace Of Worship · 104 mEducational Institution · 211 mKim Tian Clinic · 246 mHavelock MRT Exit 1 · 257 mSingapore General Hospital · 280 mTiong Bahru Community Centre · 351 mPearl'S Hill City Pk · 423 mBusiness Park · 516 m

Competing premises nearby

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

Fassler Gourmet Pte Ltd · 92 mTiong Bahru Market · 306 mTiong Bahru Plaza · 903 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 243,243a Outram Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Sole Proprietorship/ Partnership

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 243,243a Outram Road

Where is 243,243A Outram Road?

243,243A Outram Road is at 243,243A Outram Road, Singapore 169045, in the Bukit Merah planning area.

What is 243,243A Outram Road zoned as?

243,243A Outram Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 243,243A Outram Road?

243,243A Outram Road is freehold.

Is 243,243A Outram Road a conserved property?

Yes. 243,243A Outram Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 243,243A Outram Road sold for?

Across 3 recorded transactions, the median price is S$2,303 psf. The latest was in October 2019.

What is the nearest MRT station to 243,243A Outram Road?

Havelock MRT is the closest, 455 m away (about a 7-minute walk).

How many businesses are registered at 243,243A Outram Road?

1 business is 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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