CommercialCOMMERCIALConservationLeaseholdDistrict 2 · Outram

3,5 Neil Road

Reviewed by Nathan TangUpdated 24 September 2026Data through Feb 2010
Quick Summary

3,5 Neil Road is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 73 years remaining. 1 transaction is on record since 1995, most recently in Feb 2010. ACRA records 9 live company registrations at this address.

1

What are the key facts about 3,5 Neil Road?

Key takeaway3,5 Neil Road is a commercial building in District 2 · Outram, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 2 · Outram
Address
3,5 Neil Road
Land area
—
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
9
2

About 3,5 Neil Road

3,5 Neil Road is a commercial property in Outram (District 02). It is located along Neil Road, Singapore 088805.

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 leasehold, with about 73 years remaining on the lease.

1 transaction has been recorded here, at a median of S$1,676 psf. The most recent was in February 2010.

9 businesses are currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 45 m away (about a 1-minute walk). The closest bus stop (Opp Fairfield Meth Ch) is 45 m away (about a 1-minute walk).

3

What is 3,5 Neil Road zoned as?

Key takeaway3,5 Neil 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
Chinatown (Tanjong Pagar)
Conserved building
Yes
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 has 3,5 Neil Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2010Shop HouseS$4.56M2,720 sqft$1,676

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 3,5 Neil 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 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,752 psf
12 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

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 near 3,5 Neil Road?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 45 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 42 mOpp Fairfield Meth Ch · 45 mMaxwell MRT Exit 3 · 92 mGrace Clinic · 138 mKreta Ayer Community Club · 142 mHotel · 213 mDuxton Plain Pk · 280 mEducational Institution · 555 mOutram Polyclinic · 603 mSingapore General Hospital · 893 m

Competing premises nearby

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

Maxwell Food Centre · 113 mHong Heng Seng · 121 mCross Street Exchange · 515 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 3,5 Neil Road?

Key takeawayACRA records 9 live company registrations at this address, 1 of them in the last three years.
Live registrations
9
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.

8

Frequently asked questions about 3,5 Neil Road

Where is 3,5 Neil Road?⌄

3,5 Neil Road is at 3,5 Neil Road, Singapore 088805, in the Outram planning area.

What is 3,5 Neil Road zoned as?⌄

3,5 Neil Road sits on land zoned commercial under the URA Master Plan.

What is the tenure of 3,5 Neil Road?⌄

3,5 Neil Road is leasehold. About 73 years remain on the lease.

Is 3,5 Neil Road a conserved property?⌄

Yes. 3,5 Neil Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 3,5 Neil Road sold for?⌄

Across 1 recorded transaction, the median price is S$1,676 psf. The latest was in February 2010.

What is the nearest MRT station to 3,5 Neil Road?⌄

Maxwell MRT is the closest, 45 m away (about a 1-minute walk).

How many businesses are registered at 3,5 Neil Road?⌄

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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