CommercialCOMMERCIAL & RESIDENTIAL999-year leaseholdDistrict 7 · Downtown Core

32 Seah Street

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2008
Quick Summary

32 Seah Street is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 4.2. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Apr 2008. ACRA records 0 live company registrations at this address.

1

What are the key facts about 32 Seah Street?

Key takeaway32 Seah Street is a commercial building in District 7 · Downtown Core, zoned COMMERCIAL & RESIDENTIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
4.2
Tenure
999-year leasehold
District / Area
District 7 · Downtown Core
Address
32 Seah Street
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 32 Seah Street

32 Seah Street is a commercial property in Downtown Core (District 07). It is located along Seah Street, Singapore 188388.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 4.2. It lies inside the Central Area.

The site is 999-year leasehold, with about 800 years remaining on the lease.

1 transaction has been recorded here, at a median of S$1,427 psf. The most recent was in April 2008.

The nearest MRT is Esplanade MRT, 276 m away (about a 4-minute walk). The closest bus stop (Opp Natl Lib) is 79 m away (about a 1-minute walk).

3

What is 32 Seah Street zoned as?

Key takeaway32 Seah Street sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 4.2, inside the Central Area.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
4.2
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 32 Seah Street sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2008Shop HouseS$2.15M1,507 sqft$1,427

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 Seah Street price?

Strata sales on the street (5y)
1

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 32 Seah Street?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)
5.0%
4.5% net of property tax
Rent side (median of bands)
$106.44 psm/mo
2026Q2
Price side (strata, 5y)
$2,353 psf
231 sales

An INDICATIVE AREA yield for District 7 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 7 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$65.63$77.77$101.79
B1 & Below · 30 & Below$58.19$114.29$345.38
Level 4 & Above · 30 & Below$85.23$111.50$131.58
Level 1 · 30 & Below$86.33$95.24$110.00
Level 4 & Above · >30 - 100$59.29$108.48$136.75
Level 1 · >30 - 100$93.54$118.89$225.20
Level 2 & 3 · >30 - 100$65.50$89.70$119.75
B1 & Below · >30 - 100$69.36$86.33$409.96

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 32 Seah Street?

Key takeawayThe nearest MRT/LRT is Esplanade MRT, about 276 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 27 mOpp Natl Lib · 79 mShalom Medical Group · 169 mPlace Of Worship · 256 mEsplanade MRT Exit F · 258 mEducational Institution · 274 mWar Memorial Pk · 367 mRaffles Hospital · 632 m

Competing premises nearby

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

Raffles City · 285 mCold Storage Singapore (1983) Pte Ltd · 285 mAlbert Centre Market & Food Centre · 559 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 32 Seah Street?

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 32 Seah Street

Where is 32 Seah Street?

32 Seah Street is at 32 Seah Street, Singapore 188388, in the Downtown Core planning area.

What is 32 Seah Street zoned as?

32 Seah Street sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of 32 Seah Street?

32 Seah Street is 999-year leasehold. About 800 years remain on the lease.

What have units at 32 Seah Street sold for?

Across 1 recorded transaction, the median price is S$1,427 psf. The latest was in April 2008.

What is the nearest MRT station to 32 Seah Street?

Esplanade MRT is the closest, 276 m away (about a 4-minute walk).

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