CommercialCOMMERCIAL & RESIDENTIALDistrict 3 · Outram

54 Chin Swee Road

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

54 Chin Swee Road is a commercial building in District 3 · Outram, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.5. ACRA records 1 live company registration at this address.

1

What are the key facts about 54 Chin Swee Road?

Key takeaway54 Chin Swee Road is a commercial building in District 3 · Outram, zoned COMMERCIAL & RESIDENTIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.5
Tenure
Not on record
District / Area
District 3 · Outram
Address
—
Land area
11,998 sqm
Completed
1973 (HDB Property Information)
Storeys
7 (HDB Property Information)
Submarket
City Fringe
Transactions on record
None recorded
Live listings
None
ACRA registrations
1

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 54 Chin Swee Road

54 Chin Swee Road is a commercial building in Outram (District 03). It is located along Chin Swee Road, Singapore 160054.

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 11,998 sqm of land with about 35,784 sqm of gross floor area.

1 business is currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 568 m away (about a 9-minute walk). The closest bus stop (Blk 8) is 177 m away (about a 3-minute walk). Chinatown Point is 476 m away (about a 7-minute walk).

3

What is 54 Chin Swee Road zoned as?

Key takeaway54 Chin Swee Road 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

What does space at 54 Chin Swee Road rent for?

Key takeawayNo rent is published for 54 Chin Swee Road itself. On its street, Chin Swee Road, office space rented at a median of $3.80 psf a month in 2026Q3, with the middle half of leases between $3.66 and $4.00. That is not this building's own rent, and never a quote for a particular unit.

Office space on Chin Swee Road

Street level · 2026Q3
25th pct
$3.66
$39.37 psm
Median
$3.80
$40.91 psm
75th pct
$4.00
$43.03 psm

S$ per sq ft per month · median +5.4% on a year earlier

2023Q4 · $39.18 psm2026Q3 · $40.91 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 on Chin Swee Road

Street level · 2025Q3
25th pct
—
— psm
Median
$5.84
$62.86 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -33.4% on a year earlier

2021Q3 · $83.33 psm2025Q3 · $62.86 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).

Retail space — District 3 retail

Region band · 2026Q3
25th pct
$7.49
$80.65 psm
Median
$10.49
$112.95 psm
75th pct
$14.10
$151.72 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 3 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).

5

Market context around 54 Chin Swee 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.

6

What's been approved at 54 Chin Swee Road?

Key takeawayURA's planning decisions at 54 Chin Swee Road since 2000 are below. 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. 7 Oct 2010Approved
    Additions & alterations

    Proposed additions & alterations and improvement works to block 54 mult- storey carpark and genearl landscaping works in tandem with block 53 (nrp) on lots ts 08 - 00417t, ts 08 - 00418a, ts08 - 00361p pt, ts 08 - 00344p pt and ts 08 - 00194m pt

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).

7

How does Chin Swee Road price?

Key takeawayAcross 63 strata sales on Chin Swee Road in the last 5 years, the median is $783 psf.
Strata sales on the street (5y)
63
Street median PSF (strata)
$783

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

8

What do commercial rents run near 54 Chin Swee 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 3 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$112.95 psm/mo
2026Q3
Price side (strata, 5y)
$3,294 psf
38 sales

An INDICATIVE AREA yield for District 3 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 3 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$78.10$94.74$116.67
Level 1 · 30 & Below$73.20$92.12$107.33
Level 1 · >30 - 100$83.20$164.15$200.48
Level 2 & 3 · >30 - 100$58.43$67.44$75.00
Level 1 · >100 - 300$226.54$240.67$264.22
Level 2 & 3 · >100 - 300$83.56$131.15$186.77

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.

9

What is near 54 Chin Swee Road?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 568 m away.

Getting around

Amenities nearby

Manhattan Medical Centre · 54 mSheng Siong Supermarket Pte Ltd · 60 mHotel · 134 mBlk 1 Jalan Kukoh · 164 mBlk 8 · 177 mPlace Of Worship · 262 mChinatown MRT Exit D · 341 mEducational Institution · 405 mPearl'S Hill City Pk · 424 mChinatown Point · 476 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 54 Chin Swee Road

Key takeawayThe nearest station is Chinatown (NE4 / DT19), 341 m away — one of the busiest stations, with about 97,000 taps in and out on an average weekday. 11 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.
Foot traffic: busier than 55% of retail buildings

nearest MRT/LRT Chinatown (NE4/DT19) 341 m, about 97,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 6, about 7,127 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 28,000 residents within 1 km (June 2026); 6 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

  • Chinatown (NE4 / DT19)341 m · about 97,000 weekday taps
  • Clarke Quay (NE5)527 m · about 31,000 weekday taps
  • Fort Canning (DT20)645 m · about 14,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)663 m · about 78,000 weekday taps
  • Maxwell (TE18)786 m · about 23,000 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 54 Chin Swee Road. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with 7,127 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 54 Chin Swee Road Mscp (HDB)1 m
    S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 260 car lots
  • Blk 34 Upper Cross Street Car Park (HDB)114 m
    S$1.20 per half-hour at midday on a weekday
  • Blk 1 Jalan Kukoh Car Park (HDB)189 m
    S$0.60 per half-hour at midday on a weekday · 42 car lots
  • Blk 8A Jalan Kukoh Mscp (HDB)245 m
    S$0.60 per half-hour at midday on a weekday · gantry 1.98 m · 360 car lots
  • Blk 33 Park Crescent Mscp (HDB)252 m
    S$1.20 per half-hour at midday on a weekday · gantry 2.15 m · 576 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.

Public car parks only, by straight-line distance, with the operator's published rates. 54 Chin Swee Road's own car park, if it has one, and its charges are not in the open data.

11

How many companies are registered at 54 Chin Swee Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
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.

12

Frequently asked questions about 54 Chin Swee Road

Where is 54 Chin Swee Road?⌄

54 Chin Swee Road is at Chin Swee Road, Singapore 160054, in the Outram planning area.

What is 54 Chin Swee Road zoned as?⌄

54 Chin Swee Road 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 54 Chin Swee Road?⌄

No caveats have been lodged for 54 Chin Swee Road 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 54 Chin Swee Road?⌄

Chinatown MRT is the closest, 568 m away (about a 9-minute walk).

How many businesses are registered at 54 Chin Swee Road?⌄

1 business is 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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