CommercialCOMMERCIALConservationLeaseholdDistrict 7 · Rochor

40 Prinsep Street

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2020
Quick Summary

40 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. 3 transactions are on record since 1995, most recently in Aug 2020. ACRA records 1 live company registration at this address.

1

What are the key facts about 40 Prinsep Street?

Key takeaway40 Prinsep Street is a commercial building in District 7 · Rochor, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 7 · Rochor
Address
40 Prinsep Street
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 40 Prinsep Street

40 Prinsep Street is a commercial property in Rochor (District 07). It is located along Prinsep Street, Singapore 188666.

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.

3 transactions have been recorded here, at a median of S$1,614 psf. The most recent was in August 2020.

6 businesses are currently registered at this address with ACRA.

The nearest MRT is Bencoolen MRT, 82 m away (about a 1-minute walk). The closest bus stop (Sch of The Arts) is 71 m away (about a 1-minute walk).

3

What is 40 Prinsep Street zoned as?

Key takeaway40 Prinsep Street sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has 40 Prinsep Street sold for?

Key takeaway3 transactions are on record since 1995, most recently in Aug 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2020Shop HouseS$7.70M2,559 sqft$3,009
Sept 2008Shop HouseS$4.13M2,559 sqft$1,614
Nov 2007Shop HouseS$3.78M2,559 sqft$1,477

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 40 Prinsep Street rent for?

Key takeawayNo rent is published for 40 Prinsep Street itself. On its street, Prinsep Street, retail space rented at a median of $6.99 psf a month in 2021Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Prinsep Street

Street level · 2021Q3
25th pct
—
— psm
Median
$6.99
$75.27 psm
75th pct
—
— psm

S$ 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 · 2026Q3
25th pct
$7.09
$76.30 psm
Median
$9.31
$100.25 psm
75th pct
$13.31
$143.24 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 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).

6

Market context around 40 Prinsep Street

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.

7

What's been approved at 40 Prinsep Street?

Key takeawayURA has approved 6 changes of use at 40 Prinsep Street since 2000, most recently in 2020, and refused 2. 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. 26 May 2026RenewedFloor 1
    Continued use as restaurant and bar with ancillary live entertainment

    Continued use of the 1st storey unit #01-XX as restaurant and bar with ancillary live entertainment and the 2nd storey and attic office as nightclub

  2. 17 Jun 2025RenewedFloor 1
    Continued use as restaurant and bar with ancillary live entertainment

    Continued use of the 1st storey unit #01-XX as restaurant and bar with ancillary live entertainment and the 2nd storey and attic office as nightclub

  3. 16 Aug 2022Renewed
    Continued use as nightclub

    Continued use of the 2nd storey and attic office as nightclub

  4. 7 Apr 2022RenewedFloor 1
    Continued use as restaurant and bar with ancillary live entertainment

    Continued use of the 1st storey unit #01-XX as restaurant and bar with ancillary live entertainment

  5. 27 May 2020ApprovedFloor 1
    Change of use to restaurant and bar with ancillary live entertainment

    Proposed change of use of 1st storey unit #01-XX to restaurant and bar with ancillary live entertainment at 40 prinsep street

  6. 16 Aug 2019Renewed
    Continued use as nightclub

    Continued use of the 2nd storey and attic office as nightclub

  7. 23 Aug 2018Renewed
    Continued use as bar/pub

    Continued use of the 1st storey premises as bar/pub

  8. 3 Aug 2018RefusedFloors 1, 2
    Change of use to nightclub as an expansion to the nightclub

    Proposed change of use of 1st storey premises (#01-XX) to nightclub as an expansion to the nightclub (on temporary permission) at 2nd storey and attic (#02-XX and #02-XX)

  9. 25 Aug 2017Renewed
    Continued use as nightclub

    Continued use of the 2nd storey and attic office as nightclub

  10. 27 Jun 2016Approved
    Change of use to bar/pub

    Proposed change of use of 1st storey premises to bar/pub on lots 00491k and 00493x pt ts11 at 40 prinsep street (rochor planning area)

  11. 7 Jan 2016Refused
    Change of use to nightclub

    Proposed change of use of the 1st storey unit to nightclub on lot 00491k ts11 at 40 prinsep street (rochor planning area)

  12. 31 Aug 2015Renewed
    Continued use as nightclub

    Continued use of the 2nd storey office and attic as nightclub

5 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).

8

How does Prinsep 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.

9

What do commercial rents run near 40 Prinsep Street?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)
4.8%
4.3% net of property tax
Rent side (median of bands)
$100.25 psm/mo
2026Q3
Price side (strata, 5y)
$2,348 psf
241 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, 2026Q3)

Floor level · size band25th pctMedian75th 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 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 40 Prinsep Street?

Key takeawayThe nearest MRT/LRT is Bencoolen MRT, about 82 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 20 mEducational Institution · 55 mSingapura Clinic · 59 mSch of The Arts · 71 mBencoolen MRT Exit A · 124 mPlace Of Worship · 136 mHandy Rd Os · 217 mRaffles Hospital · 884 m

Competing premises nearby

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

Jewish Welfare Board, Singapore · 159 mThe Cathay · 213 mAlbert Centre Market & Food Centre · 526 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 40 Prinsep Street

Key takeawayThe nearest station is Bencoolen (DT21), 81 m away — a moderately busy station, with about 20,000 taps in and out on an average weekday. 19 public car parks are within 500 m.
Foot traffic: busier than 90% of retail buildings

nearest MRT/LRT Bencoolen (DT21) 81 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)81 m · about 20,000 weekday taps
  • Bras Basah (CC2)202 m · about 10,000 weekday taps
  • Dhoby Ghaut (NS24 / NE6 / CC1)342 m · about 64,000 weekday taps
  • Rochor (DT13)541 m · about 22,000 weekday taps
  • Bugis (EW12 / DT14)666 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 40 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)188 m
    S$1.20 per half-hour at midday on a weekday · 50 car lots
  • Waterloo St (URA)216 m
    S$1.20 per half-hour at midday on a weekday · 14 car lots
  • The Cathay (development car park)236 m
    rates not published as open data
  • Blk 261/262/264 Waterloo Basement Car Park (HDB)251 m
    S$1.20 per half-hour at midday on a weekday · gantry 1.9 m · 143 car lots
  • Middle Rd Off St (URA)279 m
    S$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, 743 m away, S$100/month.

Public car parks only, by straight-line distance, with the operator's published rates. 40 Prinsep Street's own car park, if it has one, and its charges are not in the open data.

12

Who's registered at 40 Prinsep Street?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list 40 Prinsep Street as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    1
  • Real estate
    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 40 Prinsep Street

Where is 40 Prinsep Street?⌄

40 Prinsep Street is at 40 Prinsep Street, Singapore 188666, in the Rochor planning area.

What is 40 Prinsep Street zoned as?⌄

40 Prinsep Street sits on land zoned commercial under the URA Master Plan.

What is the tenure of 40 Prinsep Street?⌄

40 Prinsep Street is leasehold. About 68 years remain on the lease.

Is 40 Prinsep Street a conserved property?⌄

Yes. 40 Prinsep Street falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 40 Prinsep Street sold for?⌄

Across 3 recorded transactions, the median price is S$1,614 psf. The latest was in August 2020.

What is the nearest MRT station to 40 Prinsep Street?⌄

Bencoolen MRT is the closest, 82 m away (about a 1-minute walk).

How many businesses are registered at 40 Prinsep Street?⌄

6 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.

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