CommercialCOMMERCIALConservationLeaseholdDistrict 1 · Singapore River

32 South Bridge Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2017
Quick Summary

32 South Bridge Road is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 24 years remaining. 1 transaction is on record since 1995, most recently in Nov 2017. ACRA records 0 live company registrations at this address.

1

What are the key facts about 32 South Bridge Road?

Key takeaway32 South Bridge Road is a commercial building in District 1 · Singapore River, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
Leasehold
District / Area
District 1 · Singapore River
Address
32 South Bridge Road
Land area
—
Completed
Not on record
Storeys
5 (© OpenStreetMap contributors)
Submarket
City Fringe
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 32 South Bridge Road

32 South Bridge Road is a commercial property in Singapore River (District 01). It is located along South Bridge Road, Singapore 058667.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. 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 24 years remaining on the lease.

1 transaction has been recorded here, at a median of S$5,318 psf. The most recent was in November 2017.

The nearest MRT is Clarke Quay MRT, 220 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 124 m away (about a 2-minute walk). Clarke Quay Central is 231 m away (about a 4-minute walk).

3

What is 32 South Bridge Road zoned as?

Key takeaway32 South Bridge Road sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Conservation area
Upper Circular Road
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 32 South Bridge Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2017 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2017OfficeS$6.68M1,256 sqft$5,318

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 32 South Bridge Road rent for?

Key takeawayNo rent is published for 32 South Bridge Road itself. On its street, South Bridge Road, office space rented at a median of $4.99 psf a month in 2026Q3, with the middle half of leases between $4.36 and $8.75. That is not this building's own rent, and never a quote for a particular unit.

Office space on South Bridge Road

Street level · 2026Q3
25th pct
$4.36
$46.94 psm
Median
$4.99
$53.74 psm
75th pct
$8.75
$94.19 psm

S$ per sq ft per month · median +2.4% on a year earlier

2023Q4 · $46.43 psm2026Q3 · $53.74 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 on South Bridge Road

Street level · 2026Q3
25th pct
$4.20
$45.22 psm
Median
$4.73
$50.92 psm
75th pct
$4.99
$53.72 psm

S$ per sq ft per month · median -27.6% on a year earlier

2023Q2 · $43.57 psm2026Q3 · $50.92 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).

Retail space — District 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 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 1 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 32 South Bridge Road

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Decentralised: Vacancy 3.6%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m sq ft
Singapore Office MarketBeat Q2 2026

Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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 32 South Bridge Road?

Key takeawayURA's planning decisions at 32 South Bridge 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. 8 Sept 2023Approved
    Additions & alterations

    2nd extension of written permission for proposed additions and alterations to existing 5-storey commercial building with the addition of roof terrace

  2. 14 Oct 2021Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations to existing 5-storey commercial building with the addition of roof terrace

  3. 22 Sept 2021Approved
    Additions & alterations

    1st extension of written permission for proposed additions and alterations to existing 5-storey commercial building with the addition of roof terrace

  4. 24 Feb 2020Approved
    Additions & alterations

    Regularisation of gfa and amendment to approved additions and alterations to existing 5-storey commercial building with the addition of roof terrace on lots 99713a, 00175x, ts07, at 32 south bridge road singapore 058667

  5. 16 Aug 2019Approved
    Additions & alterations

    Proposed additions and alterations to existing 5-storey commercial building with the addition of roof terrace on lots 99713a, 00175x, ts07, at 32 south bridge road singapore 058667

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 South Bridge 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 32 South Bridge 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 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 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 1 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$82.69$99.35$120.39
Level 1 · 30 & Below$172.73$245.52$332.57
B1 & Below · 30 & Below$87.33$172.91$321.72
Level 2 & 3 · >30 - 100$77.43$95.09$183.52
Level 1 · >30 - 100$106.77$168.33$217.05
B1 & Below · >30 - 100$117.40$198.29$365.38
Level 1 · >100 - 300$115.69$148.57$187.43
B1 & Below · >100 - 300$148.73$233.33$396.56

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 32 South Bridge Road?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 220 m away.

Getting around

Amenities nearby

Hotel · 71 mBoat Quay · 124 mParliament Promenade · 169 mCosmopolitan Clinic · 182 mClarke Quay MRT Exit E · 189 mClarke Quay Central · 231 mCold Storage Singapore (1983) Pte Ltd · 359 mPlace Of Worship · 392 mHong Lim Market & Food Centre · 440 mEducational Institution · 647 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 32 South Bridge Road

Key takeawayThe nearest station is Clarke Quay (NE5), 189 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 19 public car parks are within 500 m.
Foot traffic: busier than 55% of office buildings

nearest MRT/LRT Clarke Quay (NE5) 189 m, about 31,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 13, about 23,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 9,686 residents within 1 km (June 2026). Ranked against 485 office 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), not a count of people.

Stations within 1 km

  • Clarke Quay (NE5)189 m · about 31,000 weekday taps
  • Raffles Place (EW14 / NS26)474 m · about 133,000 weekday taps
  • Chinatown (NE4 / DT19)553 m · about 97,000 weekday taps
  • Telok Ayer (DT18)621 m · about 37,000 weekday taps
  • City Hall (NS25 / EW13)667 m · about 91,000 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 32 South Bridge Road. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 23,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Carpenter St Off St (URA)39 m
    S$1.50 per half-hour at midday on a weekday · 69 car lots
  • Backlane (Hongkong St - Carpenter St) (URA)70 m
  • Upp Circular Rd (URA)79 m
    S$1.20 per half-hour at midday on a weekday · 22 car lots
  • Carpenter St (URA)79 m
    S$1.20 per half-hour at midday on a weekday · 35 car lots
  • Backlane (Carpenter - Upp Circular Rd) (URA)100 m

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.0 km away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. 32 South Bridge Road's own car park, if it has one, and its charges are not in the open data.

12

Who's registered at 32 South Bridge Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 32 South Bridge Road as their registered address. These are registered businesses, not who occupies the space.
  • Other services
    0
  • Manufacturing
    0
  • Financial and insurance
    0
  • Wholesale and retail trade
    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 32 South Bridge Road

Where is 32 South Bridge Road?⌄

32 South Bridge Road is at 32 South Bridge Road, Singapore 058667, in the Singapore River planning area.

What is 32 South Bridge Road zoned as?⌄

32 South Bridge Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of 32 South Bridge Road?⌄

32 South Bridge Road is leasehold. About 24 years remain on the lease.

Is 32 South Bridge Road a conserved property?⌄

Yes. 32 South Bridge Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 32 South Bridge Road sold for?⌄

Across 1 recorded transaction, the median price is S$5,318 psf. The latest was in November 2017.

What is the nearest MRT station to 32 South Bridge Road?⌄

Clarke Quay MRT is the closest, 220 m away (about a 3-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on 32 South Bridge Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 32 South Bridge Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…