CommercialRESIDENTIALConservation999-year leaseholdDistrict 9 · River Valley

301 River Valley Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2011
Quick Summary

301 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. 3 transactions are on record since 1995, most recently in Dec 2011. ACRA records 0 live company registrations at this address.

1

What are the key facts about 301 River Valley Road?

Key takeaway301 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
301 River Valley Road
Land area
—
Completed
Not on record
Storeys
3 (© OpenStreetMap contributors)
Submarket
City Fringe
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 301 River Valley Road

301 River Valley Road is a mixed-use property in River Valley (District 09). It is located along River Valley Road, Singapore 238342.

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.

3 transactions have been recorded here, at a median of S$2,101 psf. The most recent was in December 2011.

The nearest MRT is Somerset MRT, 518 m away (about a 8-minute walk). The closest bus stop (Aft Kim Yam Rd) is 49 m away (about a 1-minute walk).

3

What is 301 River Valley Road zoned as?

Key takeaway301 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 301 River Valley Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Dec 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2011Shop HouseS$6.00M2,564 sqft$2,340
Dec 2010Shop HouseS$5.39M2,564 sqft$2,101
Nov 2003Shop HouseS$3.30M2,564 sqft$1,287

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. sqm ↔ sq ft converter

5

What does space at 301 River Valley Road rent for?

Key takeawayNo rent is published for 301 River Valley Road itself. On its street, River Valley Road, retail space rented at a median of $9.09 psf a month in 2026Q3, with the middle half of leases between $7.51 and $11.11. That is not this building's own rent, and never a quote for a particular unit.

Retail space on River Valley Road

Street level · 2026Q3
25th pct
$7.51
$80.83 psm
Median
$9.09
$97.82 psm
75th pct
$11.11
$119.63 psm

S$ per sq ft per month · median +11.6% on a year earlier

2023Q4 · $101.55 psm2026Q3 · $97.82 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on River Valley Road

Street level · 2026Q3
25th pct
—
— psm
Median
$6.60
$71.04 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2021Q4 · $61.93 psm2026Q3 · $71.04 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 9 retail

Region band · 2026Q3
25th pct
$9.24
$99.43 psm
Median
$11.90
$128.12 psm
75th pct
$17.57
$189.09 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 9 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

6

Market context around 301 River Valley Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

7

What's been approved at 301 River Valley Road?

Key takeawayURA's planning decisions at 301 River Valley Road since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 5 Aug 2022Approved
    Additions & alterations

    Proposed amendment to approved 3-storey conservation building with 8-storey rear extension for residential flats involving a/a & change of use to serviced apartment (increase 7 to 8 units) at 303 rvr and amalgamate with approved 3-storey conservation building with new erection of 7-storey rear extension for serviced apartment use (9 units) at 301rvr to a single serviced apartment (total 17 units)

  2. 19 Aug 2021Approved
    Additions & alterations

    Regularisation of gfa and amendment to conservation and additions & additions to existing 3-storey conservation building with new erection of 7-storey rear extension for serviced apartment use (9 units) at 301 river valley road, and additions & alterations to existing 3-storey conservation building with 8-storey rear extension for residential flats (increase 6 to 7 units) at 303 river valley road

  3. 10 Mar 2021Approved
    Additions & alterations

    Proposed conservation and additions & additions to existing 3-storey conservation building with new erection of 7-storey rear extension for serviced apartment use (9 units) at 301 river valley road, and additions & alterations to existing 3-storey conservation building with 8-storey rear extension for residential flats (increase 6 to 7 units) at 303 river valley road

  4. 16 Jul 2002Refused
    Change of use to furniture & furnishing showroom/ shop

    Proposed change of use of the 1st storey residential flat to furniture & furnishing showroom/ shop ( include interior design services)

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

8

How does River Valley Road price?

Strata sales on the street (5y)
7

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.

9

What do commercial rents run near 301 River Valley Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 9 retail

Gross yield (area)
3.2%
2.9% net of property tax
Rent side (median of bands)
$128.12 psm/mo
2026Q3
Price side (strata, 5y)
$4,434 psf
190 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 4 & Above · 30 & Below$101.79$127.98$144.93
B1 & Below · 30 & Below$231.82$392.95$544.95
Level 2 & 3 · 30 & Below$97.06$128.26$157.50
Level 1 · 30 & Below$131.15$157.04$196.05
Level 1 · >30 - 100$112.35$161.16$217.81
Level 2 & 3 · >30 - 100$91.89$118.41$156.35
Level 4 & Above · >30 - 100$81.28$100.52$133.94
B1 & Below · >30 - 100$155.98$328.55$492.13

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th pct
Category 2 · 100 & Below$54.65$69.39$88.80
Category 1 · 100 & Below$103.62$122.24$132.43
Category 1 · >100 - 200$116.28$126.99$148.35
Category 2 · >100 - 200$65.57$82.87$97.63
Category 1 · >200 - 500$114.67$128.09$145.77
Category 2 · >200 - 500$64.83$82.57$94.73
Category 1 · >500 - 1000$106.56$137.78$148.23
Category 2 · >500 - 1000$85.04$89.34$109.80

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.

10

What is near 301 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

Aft Kim Yam Rd · 49 mPlace Of Worship · 95 mHotel · 255 mDoctor Jay Medical Centre · 268 mEducational Institution · 328 mSomerset MRT Exit A · 498 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 · 200 mRobertson Walk · 491 mBlk 1 Jalan Kukoh · 825 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 301 River Valley Road

Key takeawayThe nearest station is Somerset (NS23), 498 m away — a busy station, with about 66,000 taps in and out on an average weekday. 10 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.
Foot traffic: busier than 23% of retail buildings

nearest MRT/LRT Somerset (NS23) 498 m, about 66,000 taps a weekday; 4 more stations within 1 km; bus stops within 400 m: 5, about 8,733 taps a weekday; about 21,000 residents within 1 km (June 2026); 13 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

  • Somerset (NS23)498 m · about 66,000 weekday taps
  • Great World (TE15)625 m · about 21,000 weekday taps
  • Fort Canning (DT20)668 m · about 14,000 weekday taps
  • Dhoby Ghaut (NS24 / NE6 / CC1)774 m · about 64,000 weekday taps
  • Havelock (TE16)828 m · about 16,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 301 River Valley Road. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 8,733 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Lloyd Rd (URA)186 m
    S$1.20 per half-hour at midday on a weekday · 14 car lots
  • Martin Place - Muthura Man Chetty Rd (URA)292 m
    S$0.60 per half-hour at midday on a weekday · 19 car lots
  • Killiney Rd (URA)297 m
    S$1.20 per half-hour at midday on a weekday · 24 car lots
  • Dublin Rd (URA)318 m
    S$1.20 per half-hour at midday on a weekday · 9 car lots
  • Mohd Sultan Rd - River Valley Rd Off St (URA)321 m
    S$0.60 per half-hour at midday on a weekday · 18 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 301 River Valley Road's own car park, if it has one, and its charges are not in the open data.

12

Who's registered at 301 River Valley Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 301 River Valley Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0
  • Real estate
    0
  • Professional, scientific and technical services
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

13

Frequently asked questions about 301 River Valley Road

Where is 301 River Valley Road?⌄

301 River Valley Road is at 301 River Valley Road, Singapore 238342, in the River Valley planning area.

What is 301 River Valley Road zoned as?⌄

301 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 301 River Valley Road?⌄

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

Is 301 River Valley Road a conserved property?⌄

Yes. 301 River Valley Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 301 River Valley Road sold for?⌄

Across 3 recorded transactions, the median price is S$2,101 psf. The latest was in December 2011.

What is the nearest MRT station to 301 River Valley Road?⌄

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

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