38 Prinsep Street
38 Prinsep Street is a commercial building in District 7 · Rochor, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 68 years remaining. 2 transactions are on record since 1995, most recently in Mar 2010. 1 unit is currently listed for rent. ACRA records 9 live company registrations at this address.
What are the key facts about 38 Prinsep Street?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 7 · Rochor
- Address
- 38 Prinsep Street
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Submarket
- City Fringe
- Listed as
- Food & Beverage, Office
- Transactions on record
- 2 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 9
About 38 Prinsep Street
38 Prinsep Street is a commercial property in Rochor (District 07). It is located along Prinsep Street, Singapore 188665.
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 68 years remaining on the lease.
2 transactions have been recorded here, at a median of S$983 psf. The most recent was in March 2010.
9 businesses are currently registered at this address with ACRA.
The nearest MRT is Bencoolen MRT, 83 m away (about a 1-minute walk). The closest bus stop (Sch of The Arts) is 67 m away (about a 1-minute walk).
What is 38 Prinsep Street zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Cheang Jim Chwan Place
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has 38 Prinsep Street sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2010 | Shop House | S$3.50M | 2,696 sqft | $1,298 |
| Jul 2004 | Shop House | S$1.80M | 2,696 sqft | $668 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 38 Prinsep Street rent for?
Retail space on Prinsep Street
Street level · 2021Q3S$ per sq ft per month (median only published)
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 7 retail
Region band · 2026Q3S$ 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 7 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).
Market context around 38 Prinsep Street
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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.
How fast units move at 38 Prinsep Street
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.
What's been approved at 38 Prinsep Street?
- 17 Oct 2025RenewedFloor 1Continued use as restaurant and bar with ancillary live entertainment
Continued use of unit #01-XX as restaurant and bar with ancillary live entertainment
- 7 Feb 2025RenewedFloor 2Continued use as restaurant
Countinued use of unit #02-XX as a restaurant
- 21 Mar 2023ApprovedFloor 2Change of use to restaurant
Proposed change of use of unit #02-XX to restaurant
- 25 May 2022ApprovedFloor 1Change of use to restaurant and bar with ancillary live entertainment
Proposed change of use of unit #01-XX to restaurant and bar with ancillary live entertainment
- 7 Apr 2020ApprovedFloor 1Change of use to restaurant with live entertainment
Proposed change of use of unit #01-XX to restaurant with live entertainment
- 13 Oct 2014RefusedChange of use to nightclub
Proposed change of use of 1st storey restaurant to nightclub at 38 prinsep street
- 2 Nov 2004ApprovedChange of use to cyber caf� with computer gaming
Proposed change of use of 1st storey restaurant to cyber caf� with computer gaming
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$54.50 per unit).
How does Prinsep Street price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 38 Prinsep Street?
Indicative area yield — District 7 retail
An INDICATIVE AREA yield for District 7 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 7 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $93.33 | $113.33 | $165.94 |
| Level 4 & Above · 30 & Below | $69.42 | $79.17 | $140.05 |
| B1 & Below · 30 & Below | $94.66 | $392.16 | $721.70 |
| Level 2 & 3 · 30 & Below | $71.79 | $88.95 | $100.36 |
| Level 1 · >30 - 100 | $84.41 | $129.03 | $192.55 |
| Level 2 & 3 · >30 - 100 | $53.85 | $86.57 | $113.16 |
| B1 & Below · >30 - 100 | $71.03 | $80.88 | $146.17 |
| Level 4 & Above · >30 - 100 | $47.06 | $59.43 | $68.42 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th 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.
What is available at 38 Prinsep Street right now?
For rent (1)
- Prinsep Street 2nd Floor F&B Approved Unit For RentS$5k/mo · 850 sqft
What is near 38 Prinsep Street?
Getting around
- Bencoolen MRT83 m · ~1 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 38 Prinsep Street
nearest MRT/LRT Bencoolen (DT21) 83 m, about 20,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 14, about 34,000 taps a weekday; Rochor: 31,654 resident workers (Census 2020, by workplace); about 12,000 residents within 1 km (June 2026); 8 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
- Bencoolen (DT21)83 m · about 20,000 weekday taps
- Bras Basah (CC2)199 m · about 10,000 weekday taps
- Dhoby Ghaut (NS24 / NE6 / CC1)337 m · about 64,000 weekday taps
- Rochor (DT13)546 m · about 22,000 weekday taps
- Bugis (EW12 / DT14)670 m · about 109,000 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 38 Prinsep Street. Transfers between lines don't tap, so interchanges read low.
Bus
14 bus stops within 400 m, with about 34,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Prinsep St (Middle - R Ochor Canal) (URA)193 mS$1.20 per half-hour at midday on a weekday · 50 car lots
- Waterloo St (URA)219 mS$1.20 per half-hour at midday on a weekday · 14 car lots
- The Cathay (development car park)232 mrates not published as open data
- Blk 261/262/264 Waterloo Basement Car Park (HDB)254 mS$1.20 per half-hour at midday on a weekday · gantry 1.9 m · 143 car lots
- Middle Rd Off St (URA)284 mS$1.20 per half-hour at midday on a weekday · 13 car lots
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.
Nearest URA season parking: Mackenzie Road Area, 746 m away, S$100/month.
Public car parks only, by straight-line distance, with the operator's published rates. 38 Prinsep Street's own car park, if it has one, and its charges are not in the open data.
Who's registered at 38 Prinsep Street?
- Accommodation and food services4
- Wholesale and retail trade2
- Information and communications2
- Financial and insurance1
- Transportation and storage0
- Professional, scientific and technical services0
- Education0
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.
Frequently asked questions about 38 Prinsep Street
Where is 38 Prinsep Street?⌄
38 Prinsep Street is at 38 Prinsep Street, Singapore 188665, in the Rochor planning area.
What is 38 Prinsep Street zoned as?⌄
38 Prinsep Street sits on land zoned commercial under the URA Master Plan.
What is the tenure of 38 Prinsep Street?⌄
38 Prinsep Street is leasehold. About 68 years remain on the lease.
Is 38 Prinsep Street a conserved property?⌄
Yes. 38 Prinsep Street falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at 38 Prinsep Street sold for?⌄
Across 2 recorded transactions, the median price is S$983 psf. The latest was in March 2010.
What is the nearest MRT station to 38 Prinsep Street?⌄
Bencoolen MRT is the closest, 83 m away (about a 1-minute walk).
How many businesses are registered at 38 Prinsep Street?⌄
9 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.
The facts are here — now get the verdict on 38 Prinsep Street.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.