CommercialCOMMERCIAL & RESIDENTIALDistrict 1 · Outram

531 Upper Cross Street

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

531 Upper Cross Street is a commercial building in District 1 · Outram, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.5. 14 units are currently listed for sale or rent. ACRA records 825 live company registrations at this address.

1

What are the key facts about 531 Upper Cross Street?

Key takeaway531 Upper Cross Street is a commercial building in District 1 · Outram, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.5
Tenure
Not on record
District / Area
District 1 · Outram
Address
Land area
8,805 sqm
Transactions on record
None recorded
Live listings
14
ACRA registrations
825

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About 531 Upper Cross Street

531 Upper Cross Street is a commercial building in Outram (District 01). It is located along Upper Cross Street, Singapore 050531.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.5. It lies inside the Central Area.

It occupies roughly 8,805 sqm of land with about 72,672 sqm of gross floor area.

825 businesses are currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 63 m away (about a 1-minute walk). The closest bus stop (Opp Chinatown Stn) is 42 m away (about a 1-minute walk). Chinatown Point is 146 m away (about a 2-minute walk).

3

What is 531 Upper Cross Street zoned as?

Key takeaway531 Upper Cross Street sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.5, inside the Central Area.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.5
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

How does Upper Cross Street price?

Key takeawayAcross 17 strata sales on Upper Cross Street in the last 5 years, the median is $2,674 psf.
Strata sales on the street (5y)
17
Street median PSF (strata)
$2,674

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

5

What do commercial rents run near 531 Upper Cross Street?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

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 available at 531 Upper Cross Street right now?

Key takeaway14 units are currently listed at 531 Upper Cross Street8 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (8)

  • Hong Lim ComplexS$120.00M · 35,000 sqft
  • Hong Lim ComplexS$8.90M · 4,187 sqft
  • Hong Lim ComplexS$3.58M · 1,119 sqft
  • Hong Lim Complex2 agentsS$1.60M · 517 sqft

For rent (6)

  • Hong Lim ComplexS$3k/mo · 530 sqft
  • Hong Lim Complex2 agentsS$9k/mo · 775 sqft
  • Hong Lim ComplexS$6k/mo · 600 sqft
  • Hong Lim ComplexS$7k/mo · 614 sqft

Browse every listing at this building →

7

What is near 531 Upper Cross Street?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 63 m away.

Getting around

Amenities nearby

Chinatown MRT Exit F · 30 mOpp Chinatown Stn · 42 mChinatown Medical Centre · 43 mPlace Of Worship · 89 mHotel · 110 mHong Lim Market & Food Centre · 129 mNTUC Fairprice Co-operative Ltd · 147 mChinatown Point · 147 mHong Lim Pk · 285 mKreta Ayer Community Club · 443 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 531 Upper Cross Street?

Key takeawayACRA records 825 live company registrations at this address, 247 of them in the last three years.
Live registrations
825
Registered last 3 years
247
Most common type
Local Company

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.

9

Frequently asked questions about 531 Upper Cross Street

Where is 531 Upper Cross Street?

531 Upper Cross Street is at Upper Cross Street, Singapore 050531, in the Outram planning area.

What is 531 Upper Cross Street zoned as?

531 Upper Cross Street sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.5.

Have there been any recorded transactions at 531 Upper Cross Street?

No caveats have been lodged for 531 Upper Cross Street in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 531 Upper Cross Street?

Chinatown MRT is the closest, 63 m away (about a 1-minute walk).

How many businesses are registered at 531 Upper Cross Street?

825 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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