CommercialCOMMERCIALConservation999-year leaseholdDistrict 7 · Downtown Core

516 North Bridge Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2009
Quick Summary

516 North Bridge Road is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is 999-year leasehold. 4 transactions are on record since 1995, most recently in Aug 2009. ACRA records 12 live company registrations at this address.

1

What are the key facts about 516 North Bridge Road?

Key takeaway516 North Bridge Road is a commercial building in District 7 · Downtown Core, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
999-year leasehold
District / Area
District 7 · Downtown Core
Address
516 North Bridge Road
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Hall / Bugis
Transactions on record
4 (records start 1995)
Live listings
None
ACRA registrations
12
2

About 516 North Bridge Road

516 North Bridge Road is a commercial property in Downtown Core (District 07). It is located along North Bridge Road, Singapore 188740.

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

4 transactions have been recorded here, at a median of S$3,620 psf. The most recent was in August 2009.

12 businesses are currently registered at this address with ACRA.

The nearest MRT is Bugis MRT, 207 m away (about a 3-minute walk). The closest bus stop (Bugis Cube) is 69 m away (about a 1-minute walk).

3

What is 516 North Bridge Road zoned as?

Key takeaway516 North 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
Beach Road
Conserved building
Yes
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 516 North Bridge Road sold for?

Key takeaway4 transactions are on record since 1995, most recently in Aug 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2009Shop HouseS$7.38M1,537 sqft$4,801
Jul 2007Shop HouseS$7.85M1,537 sqft$5,107
Jul 2003Shop HouseS$2.90M1,537 sqft$1,887
Jul 2003Shop HouseS$3.75M1,537 sqft$2,440

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 516 North Bridge Road rent for?

Key takeawayNo rent is published for 516 North Bridge Road itself. On its street, North Bridge Road, retail space rented at a median of $15.40 psf a month in 2026Q3, with the middle half of leases between $9.99 and $21.84. That is not this building's own rent, and never a quote for a particular unit.

Retail space on North Bridge Road

Street level · 2026Q3
25th pct
$9.99
$107.51 psm
Median
$15.40
$165.73 psm
75th pct
$21.84
$235.13 psm

S$ per sq ft per month · median -6.6% on a year earlier

2023Q4 · $179.52 psm2026Q3 · $165.73 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).

Office space on North Bridge Road

Street level · 2026Q3
25th pct
$5.47
$58.88 psm
Median
$6.39
$68.82 psm
75th pct
$7.74
$83.36 psm

S$ per sq ft per month · median +2.5% on a year earlier

2023Q4 · $64.93 psm2026Q3 · $68.82 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 — 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 516 North Bridge Road

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 516 North Bridge Road?

Key takeawayURA has approved 3 changes of use at 516 North Bridge Road since 2000, most recently in 2004. 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. 18 Jul 2024Renewed
    Continued use as restaurant

    Continued use of the 1st storey shop as a restaurant

  2. 31 Jul 2023Renewed
    Continued use as restaurant

    Continued use of the 1st storey shop as a restaurant

  3. 11 Aug 2020Renewed
    Continued use as restaurant

    Continued use of the 1st storey shop as a restaurant

  4. 4 Sept 2017Renewed
    Continued use as restaurant

    Continued use of the 1st storey shop as a restaurant

  5. 27 Aug 2014Renewed
    Continued use as restaurant

    Continued use of the 1st storey shop as a restaurant

  6. 5 Sept 2011Renewed
    Continued use as restaurant

    Continued use of the 1st storey shop as a restaurant

  7. 12 Sept 2008Renewed
    Continued use as restaurant

    Continued use of the 1st storey premises as a restaurant

  8. 28 Nov 2005Renewed
    Continued use as restaurant

    Continued use of the 1st storey shop as restaurant

  9. 8 Sept 2004Approved
    Change of use to restaurant

    Proposed continued use of the 1st storey shop unit as restaurant

  10. 4 Sept 2003Renewed
    Continued use as office

    Continued use of the 2nd to 4th storey flats to office

  11. 26 Aug 2003Approved
    Change of use to restaurant

    Proposed continued use of the 1st storey shop as restaurant

  12. 11 Jul 2001Approved
    Change of use to restaurant

    Proposed continued use of the 1st storey shop as restaurant - 516 north bridge road

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 North Bridge Road price?

Key takeawayAcross 160 strata sales on North Bridge Road in the last 5 years, the median is $2,269 psf.
Strata sales on the street (5y)
160
Street median PSF (strata)
$2,269

Street figures cover strata deals only — land and strata PSF are not comparable.

9

What do commercial rents run near 516 North 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 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 516 North Bridge Road?

Key takeawayThe nearest MRT/LRT is Bugis MRT, about 207 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bugis Cube · 69 mBugis MRT Exit D · 116 mDTAP @ Duo Medical Clinic · 178 mHotel · 187 mEducational Institution · 261 mPlace Of Worship · 264 mRaffles Hospital · 331 mKampong Glam Community Club · 968 m

Competing premises nearby

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

Bugis Junction · 82 mCold Storage Singapore (1983) Pte Ltd · 133 mAlbert Centre Market & Food Centre · 344 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at 516 North Bridge Road

Key takeawayThe nearest station is Bugis (EW12 / DT14), 115 m away — one of the busiest stations, with about 109,000 taps in and out on an average weekday. 20 public car parks are within 500 m.
Foot traffic: busier than 96% of retail buildings

nearest MRT/LRT Bugis (EW12/DT14) 115 m, about 109,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 23, about 42,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 14,000 residents within 1 km (June 2026); 9 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

  • Bugis (EW12 / DT14)115 m · about 109,000 weekday taps
  • Esplanade (CC3)542 m · about 15,000 weekday taps
  • Bras Basah (CC2)551 m · about 10,000 weekday taps
  • Bencoolen (DT21)572 m · about 20,000 weekday taps
  • Rochor (DT13)665 m · about 22,000 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 516 North Bridge Road. Transfers between lines don't tap, so interchanges read low.

Bus

23 bus stops within 400 m, with about 42,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Liang Seah St (URA)74 m
    S$1.20 per half-hour at midday on a weekday · 45 car lots
  • North Bridge Rd Off St (URA)212 m
    S$0.75 per half-hour at midday on a weekday · 92 car lots
  • Cheng Yan Place (URA)219 m
    S$1.20 per half-hour at midday on a weekday · 4 car lots
  • Manila St (URA)230 m
    S$1.20 per half-hour at midday on a weekday · 6 car lots
  • Backlane (Purvis St) (URA)235 m

Nearest URA season parking: Kampong Glam Area, 606 m away, S$125/month.

Public car parks only, by straight-line distance, with the operator's published rates. 516 North Bridge Road's own car park, if it has one, and its charges are not in the open data.

12

Who's registered at 516 North Bridge Road?

Key takeaway12 live companies (and LLPs and branches; sole proprietors are not counted) list 516 North Bridge Road as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    5
  • Arts, entertainment and recreation
    5
  • Manufacturing
    1
  • Transportation and storage
    1

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 516 North Bridge Road

Where is 516 North Bridge Road?⌄

516 North Bridge Road is at 516 North Bridge Road, Singapore 188740, in the Downtown Core planning area.

What is 516 North Bridge Road zoned as?⌄

516 North 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 516 North Bridge Road?⌄

516 North Bridge Road is 999-year leasehold. About 800 years remain on the lease.

Is 516 North Bridge Road a conserved property?⌄

Yes. 516 North Bridge Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 516 North Bridge Road sold for?⌄

Across 4 recorded transactions, the median price is S$3,620 psf. The latest was in August 2009.

What is the nearest MRT station to 516 North Bridge Road?⌄

Bugis MRT is the closest, 207 m away (about a 3-minute walk).

How many businesses are registered at 516 North Bridge Road?⌄

12 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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