CommercialCOMMERCIALConservationLeaseholdDistrict 2 · Outram

37,39,41,43 Tanjong Pagar Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2019
Quick Summary

37,39,41,43 Tanjong Pagar Road is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 67 years remaining. 1 transaction is on record since 1995, most recently in Feb 2019. ACRA records 0 live company registrations at this address.

1

What are the key facts about 37,39,41,43 Tanjong Pagar Road?

Key takeaway37,39,41,43 Tanjong Pagar 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
37,39,41,43 Tanjong Pagar Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 37,39,41,43 Tanjong Pagar Road

37,39,41,43 Tanjong Pagar Road is a commercial property in Outram (District 02). It is located along Tanjong Pagar Road, Singapore 088460.

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 67 years remaining on the lease.

1 transaction has been recorded here, at a median of S$8,260 psf. The most recent was in February 2019.

The nearest MRT is Maxwell MRT, 163 m away (about a 2-minute walk). The closest bus stop (Opp Fairfield Meth Ch) is 80 m away (about a 1-minute walk).

3

What is 37,39,41,43 Tanjong Pagar Road zoned as?

Key takeaway37,39,41,43 Tanjong Pagar 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 37,39,41,43 Tanjong Pagar Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2019Shop HouseS$53.50M6,477 sqft$8,260

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 37,39,41,43 Tanjong Pagar 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)
$2,762 psf
13 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 37,39,41,43 Tanjong Pagar Road?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 163 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 78 mOpp Fairfield Meth Ch · 80 mHotel · 99 mHeals Clinic · 117 mMaxwell MRT Exit 3 · 179 mKreta Ayer Community Club · 264 mTras Link Pk · 294 mEducational Institution · 511 mOutram Polyclinic · 640 mSingapore General Hospital · 968 m

Competing premises nearby

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

Lotte Mart Pte. Ltd. · 103 mMaxwell Food Centre · 157 mIcon Village · 438 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 37,39,41,43 Tanjong Pagar Road?

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.

8

Frequently asked questions about 37,39,41,43 Tanjong Pagar Road

Where is 37,39,41,43 Tanjong Pagar Road?

37,39,41,43 Tanjong Pagar Road is at 37,39,41,43 Tanjong Pagar Road, Singapore 088460, in the Outram planning area.

What is 37,39,41,43 Tanjong Pagar Road zoned as?

37,39,41,43 Tanjong Pagar Road sits on land zoned commercial under the URA Master Plan.

What is the tenure of 37,39,41,43 Tanjong Pagar Road?

37,39,41,43 Tanjong Pagar Road is leasehold. About 67 years remain on the lease.

Is 37,39,41,43 Tanjong Pagar Road a conserved property?

Yes. 37,39,41,43 Tanjong Pagar Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 37,39,41,43 Tanjong Pagar Road sold for?

Across 1 recorded transaction, the median price is S$8,260 psf. The latest was in February 2019.

What is the nearest MRT station to 37,39,41,43 Tanjong Pagar Road?

Maxwell MRT is the closest, 163 m away (about a 2-minute walk).

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