CommercialCOMMERCIALLeaseholdDistrict 9 · Orchard

313 @ Somerset

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2019
Quick Summary

313 @ Somerset is a commercial building in District 9 · Orchard, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 5.6. It is leasehold with roughly 79 years remaining. 1 transaction is on record since 1995, most recently in Aug 2019. 7 units are currently listed for rent. ACRA records 25 live company registrations at this address.

1

What are the key facts about 313 @ Somerset?

Key takeaway313 @ Somerset is a commercial building in District 9 · Orchard, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
5.6
Tenure
Leasehold
District / Area
District 9 · Orchard
Address
313 Orchard Road
Land area
7,311 sqm
Completed
Not on record
Storeys
11 (© OpenStreetMap contributors)
Owner
Lendlease Global Commercial REIT (SGX filings)
Car-park lots
220 (the owner's annual report (as filed on SGX))
Submarket
Orchard
Listed as
Food & Beverage, Mall Shop, Other Retail
Transactions on record
1 (records start 1995)
Live listings
7
ACRA registrations
25
2

Who owns 313 @ Somerset, and what is it valued at?

Key takeaway313 @ Somerset is owned by Lendlease Global Commercial REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
313@somerset
Valued at S$1,050 million as at 30 Jun 2026, by Jones Lang LaSalle Property Consultants Pte Ltd.
313@somerset: Lendlease Global Commercial REIT's annual report (2026)
Committed occupancy
98% (as of 30 Jun 2026)
Occupancy
98% (as of 30 Jun 2026)
Tenants
148
Car-park lots
220
Land tenure
leasehold

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About 313 @ Somerset

313 @ Somerset is a commercial building in Orchard (District 09). It is located along Orchard Road, Singapore 238895.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 5.6. It lies inside the Central Area.

The site is leasehold, with about 79 years remaining on the lease. It occupies roughly 7,311 sqm of land with about 39,995 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$12,745 psf. The most recent was in August 2019.

36 businesses are currently registered at this address with ACRA.

The nearest MRT is Somerset MRT, 200 m away (about a 3-minute walk). The closest bus stop (Opp Somerset Stn) is 95 m away (about a 2-minute walk).

4

What is 313 @ Somerset zoned as?

Key takeaway313 @ Somerset sits on land zoned COMMERCIAL with a gross plot ratio of 5.6, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
5.6
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 40,942 sqm · built 39,913 sqm · headroom 1,029 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

5

What has 313 @ Somerset sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2019RetailS$1003.00M78,700 sqft$12,745

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

6

What does space at 313 @ Somerset rent for?

Key takeawayNo rent is published for 313 @ Somerset itself. On its street, Orchard Road, retail space rented at a median of $14.21 psf a month in 2026Q3, with the middle half of leases between $9.58 and $22.45. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Orchard Road

Street level · 2026Q3
25th pct
$9.58
$103.15 psm
Median
$14.21
$152.94 psm
75th pct
$22.45
$241.70 psm

S$ per sq ft per month · median -1.5% on a year earlier

2023Q4 · $157.56 psm2026Q3 · $152.94 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 Orchard Road

Street level · 2026Q3
25th pct
$6.42
$69.10 psm
Median
$8.30
$89.36 psm
75th pct
$10.56
$113.72 psm

S$ per sq ft per month · median +7.2% on a year earlier

2023Q4 · $83.64 psm2026Q3 · $89.36 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).

7

Market context around 313 @ Somerset

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Prime retail (Orchard): Capital value S$8,200 psf · Net yield 4.8%
  • Orchard Road: Rent S$38.90 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Orchard: Rent S$36.58 psf/mth · Vacancy 7.1% (1Q 2026) · Planned / under construction 0.13m 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.

8

How fast units move at 313 @ Somerset

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 7 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

9

What's been approved at 313 @ Somerset?

Key takeawayURA has approved 24 changes of use at 313 @ Somerset since 2000, most recently in 2026, and refused 1. 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. 31 Jul 2026ApprovedFloor 1
    Additions & alterations

    Proposed outdoor refreshment area to existing unit #01-XX on lot 01309c ts21 at 313@somerset

  2. 19 Jun 2026ApprovedFloor 1
    Additions & alterations

    Proposed erection of temporary steel shed structure at outdoor refreshment area (ora) at 313 orchard road, #01-XX, 313@ somerset

  3. 9 Jun 2026ApprovedFloor 3
    Change of use to amusement centre

    Proposed change of use of units #03-XX, #03-XX, #03-XX & #03-XX to amusement centre

  4. 4 Jun 2026RenewedFloor 4
    Continued use as karaoke lounge

    Continued use of units #04-XX, #04-XX, #04-XX and #04-XX as karaoke lounge

  5. 1 Oct 2025ApprovedFloor 1
    Additions & alterations

    Proposed additions and alterations to the existing restaurant and outdoor refreshment area (unit #01-XX) of an existing 8-storey commercial building with 3 basements

  6. 26 Sept 2025ApprovedFloor 1
    Additions & alterations

    Proposed additions and alterations to existing outdoor refreshment area along discovery walk of unit #01-XX of an existing 8-storey commercial building

  7. 20 Feb 2025ApprovedFloor 1
    Change of use to restaurant

    Proposed change of use of unit #01-XX to restaurant

  8. 13 Dec 2024ApprovedFloor 3
    Change of use to medical clinic

    Proposed change of use of unit #03-XX to medical clinic

  9. 5 Jul 2024ApprovedFloor 1
    Additions & alterations

    Proposed outdoor refreshment area layout to unit #01-XX along the discovery walk on 1st storey of an existing 8-storey commercial building

  10. 13 Jun 2024ApprovedFloor 4
    Change of use to restaurant

    Proposed change of use of unit #04-XX to restaurant

  11. 11 Mar 2024RenewedFloor 3
    Continued use as amusement centre with bar

    Continued use of units #03-XX, #03-XX, #03-XX and #03-XX as amusement centre with bar

  12. 30 Jan 2024ApprovedFloor 1
    Additions & alterations

    Proposed additions and alterations to existing ora of unit #01-XX on lot 01309c ts21 at 313@somerset

55 earlier change-of-use and A&A decisions are on record since 2000.

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).

10

How does Orchard Road price?

Key takeawayAcross 142 strata sales on Orchard Road in the last 5 years, the median is $3,784 psf.
Strata sales on the street (5y)
142
Street median PSF (strata)
$3,784

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

11

What do commercial rents run near 313 @ Somerset?

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.

12

What is available at 313 @ Somerset right now?

Key takeaway7 units are currently listed at 313 @ Somerset. One row per unit; several agents often market the same unit.

For rent (7)

  • OrchardS$30k/mo · 600 sqft
  • Somerset/ OrchardS$40k/mo · 1,700 sqft
  • Orchard Pub For takeoverS$18k/mo · 1,300 sqft
  • ⭐️Somerset/Orchard MRT - Services/Enrichment2 agentsS$8k/mo · 519 sqft

Browse every listing at this building →

13

What is near 313 @ Somerset?

Key takeawayThe nearest MRT/LRT is Somerset MRT, about 200 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Orchard Fountain Corner · 24 mDrs Fernandez & Partners · 49 mHotel · 65 mOpp Somerset Stn · 95 mSomerset MRT Exit B · 110 mPlace Of Worship · 325 mMount Elizabeth Hospital · 510 mEducational Institution · 725 m

Competing premises nearby

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

313@Somerset · 86 mCold Storage Singapore (1983) Pte Ltd · 137 m

Straight-line distances. Source: PropKaki amenities data.

14

Getting there and parking at 313 @ Somerset

Key takeawayThe nearest station is Somerset (NS23), 110 m away — a busy station, with about 66,000 taps in and out on an average weekday. 20 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.
Foot traffic: busier than 87% of retail buildings

nearest MRT/LRT Somerset (NS23) 110 m, about 66,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 7, about 28,000 taps a weekday; Orchard: 44,871 resident workers (Census 2020, by workplace); about 19,000 residents within 1 km (June 2026); 16 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)110 m · about 66,000 weekday taps
  • Orchard (TE14 / NS22)627 m · about 122,000 weekday taps
  • Great World (TE15)718 m · about 21,000 weekday taps
  • Dhoby Ghaut (NS24 / NE6 / CC1)809 m · about 64,000 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 313 @ Somerset. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 28,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Emerald Hill Estate (URA)108 m
    season S$80/month
  • 313@Somerset (development car park)130 m
    rates not published as open data
  • The Heeren (development car park)133 m
    rates not published as open data
  • Cineleisure (development car park)142 m
    rates not published as open data
  • Emerald Link (URA)151 m
    S$1.20 per half-hour at midday on a weekday · 4 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 313 @ Somerset's own car park, if it has one, and its charges are not in the open data.

15

Who's registered at 313 @ Somerset?

Key takeaway25 live companies (and LLPs and branches; sole proprietors are not counted) list 313 @ Somerset as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    11
  • Wholesale and retail trade
    6
  • Other services
    5
  • Arts, entertainment and recreation
    2
  • Financial and insurance
    1
  • Health and social 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.

16

What is 313 @ Somerset's BCA building profile?

BCA building type
Retail
Green Mark
Platinum (2016)
Energy use intensity
513 kWh/m²·yr
17

Frequently asked questions about 313 @ Somerset

Where is 313 @ Somerset?⌄

313 @ Somerset is at 313 Orchard Road, Singapore 238895, in the Orchard planning area.

What is 313 @ Somerset zoned as?⌄

313 @ Somerset sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 5.6.

What is the tenure of 313 @ Somerset?⌄

313 @ Somerset is leasehold. About 79 years remain on the lease.

What have units at 313 @ Somerset sold for?⌄

Across 1 recorded transaction, the median price is S$12,745 psf. The latest was in August 2019.

What is the nearest MRT station to 313 @ Somerset?⌄

Somerset MRT is the closest, 200 m away (about a 3-minute walk).

How many businesses are registered at 313 @ Somerset?⌄

36 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.

For agents · in the PropKaki app

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