CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Afro-Asia Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2017
Quick Summary

Afro-Asia Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 11.2. It is leasehold with roughly 25 years remaining. 1 transaction is on record since 1995, most recently in Jun 2017. ACRA records 99 live company registrations at this address.

1

What are the key facts about Afro-Asia Building?

Key takeawayAfro-Asia Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
11.2
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
63 Robinson Road
Land area
1,491 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
99
2

About Afro-Asia Building

Afro-Asia Building is a commercial building in Downtown Core (District 01). It is located along Robinson Road, Singapore 068894.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 11.2. It lies inside the Central Area.

The site is leasehold, with about 25 years remaining on the lease. It occupies roughly 1,491 sqm of land with about 16,695 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$10,596 psf. The most recent was in June 2017.

99 businesses are currently registered at this address with ACRA.

The nearest MRT is Shenton Way MRT, 191 m away (about a 3-minute walk). The closest bus stop (UIC Bldg) is 106 m away (about a 2-minute walk). Republic Plaza is 530 m away (about a 8-minute walk).

3

What is Afro-Asia Building zoned as?

Key takeawayAfro-Asia Building sits on land zoned COMMERCIAL with a gross plot ratio of 11.2, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
11.2
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Afro-Asia Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2017 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2017OfficeS$170.00M16,044 sqft$10,596

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

How does Robinson Road price?

Key takeawayAcross 85 strata sales on Robinson Road in the last 5 years, the median is $3,399 psf.
Strata sales on the street (5y)
85
Street median PSF (strata)
$3,399

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

6

What do commercial rents run near Afro-Asia Building?

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.

7

What is near Afro-Asia Building?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 191 m away.

Getting around

Amenities nearby

Dr Clyde Lane Clinic · 11 mUIC Bldg · 106 mHotel · 107 mShenton Way MRT Exit 6 · 138 mAp House Pte. Ltd. · 200 mPlace Of Worship · 235 mTelok Ayer Pk · 287 mAmoy Street Food Centre · 332 mRepublic Plaza · 530 mKreta Ayer Community Club · 728 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Afro-Asia Building?

Key takeawayACRA records 99 live company registrations at this address, 22 of them in the last three years.
Live registrations
99
Registered last 3 years
22
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 Afro-Asia Building

Where is Afro-Asia Building?

Afro-Asia Building is at 63 Robinson Road, Singapore 068894, in the Downtown Core planning area.

What is Afro-Asia Building zoned as?

Afro-Asia Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 11.2.

What is the tenure of Afro-Asia Building?

Afro-Asia Building is leasehold. About 25 years remain on the lease.

What have units at Afro-Asia Building sold for?

Across 1 recorded transaction, the median price is S$10,596 psf. The latest was in June 2017.

What is the nearest MRT station to Afro-Asia Building?

Shenton Way MRT is the closest, 191 m away (about a 3-minute walk).

How many businesses are registered at Afro-Asia Building?

99 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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