CommercialRESIDENTIALConservation999-year leaseholdDistrict 9 · River Valley

291 River Valley Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2012
Quick Summary

291 River Valley Road is a commercial building in District 9 · River Valley, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in Mar 2012. ACRA records 0 live company registrations at this address.

1

What are the key facts about 291 River Valley Road?

Key takeaway291 River Valley Road is a commercial building in District 9 · River Valley, zoned RESIDENTIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
999-year leasehold
District / Area
District 9 · River Valley
Address
291 River Valley Road
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 291 River Valley Road

291 River Valley Road is a mixed-use property in River Valley (District 09). It is located along River Valley Road, Singapore 238332.

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.

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$1,524 psf. The most recent was in March 2012.

The nearest MRT is Somerset MRT, 518 m away (about a 8-minute walk). The closest bus stop (Bef Kim Yam Rd) is 16 m away (about a 0-minute walk).

3

What is 291 River Valley Road zoned as?

Key takeaway291 River Valley 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
River Valley
Conserved building
Yes
Central Area
Yes

Run the full zoning report for this building →

4

What has 291 River Valley Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Mar 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2012Shop HouseS$4.80M1,887 sqft$2,544
Nov 2001Shop HouseS$950k1,887 sqft$503

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 River Valley Road price?

Strata sales on the street (5y)
8

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.

6

What do commercial rents run near 291 River Valley 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.

7

What is near 291 River Valley Road?

Key takeawayThe nearest MRT/LRT is Somerset MRT, about 518 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bef Kim Yam Rd · 16 mPlace Of Worship · 107 mHotel · 277 mDoctor Jay Medical Centre · 280 mEducational Institution · 376 mSomerset MRT Exit A · 507 mMount Elizabeth Hospital · 1.2 km

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 · 222 mRobertson Walk · 465 mBlk 1 Jalan Kukoh · 824 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 291 River Valley Road?

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 291 River Valley Road

Where is 291 River Valley Road?

291 River Valley Road is at 291 River Valley Road, Singapore 238332, in the River Valley planning area.

What is 291 River Valley Road zoned as?

291 River Valley Road sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of 291 River Valley Road?

291 River Valley Road is 999-year leasehold. About 814 years remain on the lease.

Is 291 River Valley Road a conserved property?

Yes. 291 River Valley Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 291 River Valley Road sold for?

Across 2 recorded transactions, the median price is S$1,524 psf. The latest was in March 2012.

What is the nearest MRT station to 291 River Valley Road?

Somerset MRT is the closest, 518 m away (about a 8-minute walk).

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