CommercialCOMMERCIALConservation999-year leaseholdDistrict 9 · River Valley

28,29 Mohamed Sultan Road

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2007
Quick Summary

28,29 Mohamed Sultan Road is a commercial building in District 9 · River Valley, on land zoned COMMERCIAL under the URA Master Plan. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in May 2007. 1 unit is currently listed for sale. ACRA records 3 live company registrations at this address.

1

What are the key facts about 28,29 Mohamed Sultan Road?

Key takeaway28,29 Mohamed Sultan Road is a commercial building in District 9 · River Valley, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
999-year leasehold
District / Area
District 9 · River Valley
Address
28,29 Mohamed Sultan Road
Land area
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
3
2

About 28,29 Mohamed Sultan Road

28,29 Mohamed Sultan Road is a commercial property in River Valley (District 09). It is located along Mohamed Sultan Road, Singapore 238972.

Under the URA Master Plan it sits on land zoned commercial. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

The site is 999-year leasehold, with about 814 years remaining on the lease.

2 transactions have been recorded here, at a median of S$1,114 psf. The most recent was in May 2007.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Fort Canning MRT, 374 m away (about a 6-minute walk). The closest bus stop (Opp Mohd Sultan Rd) is 160 m away (about a 2-minute walk).

3

What is 28,29 Mohamed Sultan Road zoned as?

Key takeaway28,29 Mohamed Sultan Road sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
River Valley
Conserved building
Yes
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 has 28,29 Mohamed Sultan Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2007Shop HouseS$12.38M9,680 sqft$1,279
Jul 2006Shop HouseS$9.18M9,680 sqft$948

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

What do commercial rents run near 28,29 Mohamed Sultan 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 9 retail

Gross yield (area)
3.6%
3.2% net of property tax
Rent side (median of bands)
$140.33 psm/mo
2026Q2
Price side (strata, 5y)
$4,374 psf
184 sales

An INDICATIVE AREA yield for District 9 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 9 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$96.41$125.00$161.92
Level 1 · 30 & Below$116.17$145.26$294.10
B1 & Below · 30 & Below$211.72$338.73$498.21
Level 4 & Above · 30 & Below$90.90$124.33$165.55
Level 1 · >30 - 100$110.23$143.26$166.55
B1 & Below · >30 - 100$174.34$329.33$440.53
Level 2 & 3 · >30 - 100$101.61$137.40$180.53
Level 4 & Above · >30 - 100$100.04$115.15$145.94

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.

6

What is available at 28,29 Mohamed Sultan Road right now?

Key takeaway1 unit is currently listed at 28,29 Mohamed Sultan Road. One row per unit; several agents often market the same unit.

For sale (1)

  • 28 Mohamed Sultan Road, 238972S$95.00M · 9,680 sqft

Browse every listing at this building →

7

What is near 28,29 Mohamed Sultan Road?

Key takeawayThe nearest MRT/LRT is Fort Canning MRT, about 374 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 9 mPinnacle Family Clinic (River Valley) · 150 mOpp Mohd Sultan Rd · 160 mHotel · 216 mFort Canning MRT Exit A · 359 mJubilee Park (Fcp) · 418 mEducational Institution · 472 mSingapore General Hospital · 1.3 km

Competing premises nearby

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

The Butcher (Singapore) Pte. Ltd. · 77 mRobertson Walk · 170 mBlk 1 Jalan Kukoh · 587 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 28,29 Mohamed Sultan Road?

Key takeawayACRA records 3 live company registrations at this address, 1 of them in the last three years.
Live registrations
3
Registered last 3 years
1
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 28,29 Mohamed Sultan Road

Where is 28,29 Mohamed Sultan Road?

28,29 Mohamed Sultan Road is at 28,29 Mohamed Sultan Road, Singapore 238972, in the River Valley planning area.

What is 28,29 Mohamed Sultan Road zoned as?

28,29 Mohamed Sultan Road sits on land zoned commercial under the URA Master Plan.

What is the tenure of 28,29 Mohamed Sultan Road?

28,29 Mohamed Sultan Road is 999-year leasehold. About 814 years remain on the lease.

Is 28,29 Mohamed Sultan Road a conserved property?

Yes. 28,29 Mohamed Sultan Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 28,29 Mohamed Sultan Road sold for?

Across 2 recorded transactions, the median price is S$1,114 psf. The latest was in May 2007.

What is the nearest MRT station to 28,29 Mohamed Sultan Road?

Fort Canning MRT is the closest, 374 m away (about a 6-minute walk).

How many businesses are registered at 28,29 Mohamed Sultan 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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