CommercialCOMMERCIALConservationLeaseholdDistrict 2 · Outram

57, 57a Neil Road

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2025
Quick Summary

57, 57a Neil Road is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 62 years remaining. 6 transactions are on record since 1995, most recently in May 2025. ACRA records 1 live company registration at this address.

1

What are the key facts about 57, 57a Neil Road?

Key takeaway57, 57a Neil Road is a commercial building in District 2 · Outram, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 2 · Outram
Address
57, 57a Neil Road
Land area
Transactions on record
6 (records start 1995)
Live listings
None
ACRA registrations
1
2

About 57, 57a Neil Road

57, 57A Neil Road is a commercial property in Outram (District 02). It is located along Neil Road, Singapore 088893.

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 62 years remaining on the lease.

6 transactions have been recorded here, at a median of S$2,612 psf. The most recent was in May 2025.

1 business is currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 192 m away (about a 3-minute walk). The closest bus stop (Opp Maxwell Stn Exit 3) is 38 m away (about a 1-minute walk).

3

What is 57, 57a Neil Road zoned as?

Key takeaway57, 57a Neil Road sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Chinatown (Tanjong Pagar)
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 57, 57a Neil Road sold for?

Key takeaway6 transactions are on record since 1995, most recently in May 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2025Shop HouseS$7.70M1,387 sqft$5,550
Jun 2019Shop HouseS$5.50M1,387 sqft$3,964
Jul 2015Shop HouseS$4.50M1,387 sqft$3,243
Oct 2010Shop HouseS$2.75M1,387 sqft$1,982
Oct 2009Shop HouseS$1.78M1,387 sqft$1,283
Aug 2000Shop HouseS$1.32M1,387 sqft$951

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.

5

What do commercial rents run near 57, 57a Neil Road?

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

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

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 near 57, 57a Neil Road?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 192 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Maxwell Stn Exit 3 · 38 mHotel · 70 mMaxwell MRT Exit 3 · 91 mLee Clinic & Surgery · 120 mPlace Of Worship · 175 mKreta Ayer Community Club · 201 mDuxton Plain Pk · 221 mEducational Institution · 408 mOutram Polyclinic · 465 mSingapore General Hospital · 792 m

Competing premises nearby

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

Lotte Mart Pte. Ltd. · 212 mMaxwell Food Centre · 265 m100 Am · 517 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 57, 57a Neil Road?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Limited Liability Partnership

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.

8

Frequently asked questions about 57, 57a Neil Road

Where is 57, 57A Neil Road?

57, 57A Neil Road is at 57, 57A Neil Road, Singapore 088893, in the Outram planning area.

What is 57, 57A Neil Road zoned as?

57, 57A Neil Road sits on land zoned commercial under the URA Master Plan.

What is the tenure of 57, 57A Neil Road?

57, 57A Neil Road is leasehold. About 62 years remain on the lease.

Is 57, 57A Neil Road a conserved property?

Yes. 57, 57A Neil Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 57, 57A Neil Road sold for?

Across 6 recorded transactions, the median price is S$2,612 psf. The latest was in May 2025.

What is the nearest MRT station to 57, 57A Neil Road?

Maxwell MRT is the closest, 192 m away (about a 3-minute walk).

How many businesses are registered at 57, 57A Neil 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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