CommercialCOMMERCIALFreeholdDistrict 9 · River Valley

Aig Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2011
Quick Summary

Aig Building is a commercial building in District 9 · River Valley, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 2.8. It is freehold. 3 transactions are on record since 1995, most recently in Apr 2011. 1 unit is currently listed for rent. ACRA records 33 live company registrations at this address.

1

What are the key facts about Aig Building?

Key takeawayAig Building is a commercial building in District 9 · River Valley, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
2.8
Tenure
Freehold
District / Area
District 9 · River Valley
Address
22 Martin Road
Land area
1,065 sqm
Transactions on record
3 (records start 1995)
Live listings
1
ACRA registrations
33
2

About Aig Building

Aig Building is a commercial building in River Valley (District 09). It is located along Martin Road, Singapore 239058.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 2.8. It lies inside the Central Area.

The site is freehold. It occupies roughly 1,065 sqm of land with about 2,983 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$4,053 psf. The most recent was in April 2011.

33 businesses are currently registered at this address with ACRA.

The nearest MRT is Great World MRT, 580 m away (about a 9-minute walk). The closest bus stop (River Pl Condo) is 324 m away (about a 5-minute walk). Robertson Walk is 337 m away (about a 5-minute walk).

3

What is Aig Building zoned as?

Key takeawayAig Building sits on land zoned COMMERCIAL with a gross plot ratio of 2.8, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
2.8
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 2,982 sqm · built 3,465 sqm · headroom -483 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Aig Building sold for?

Key takeaway3 transactions are on record since 1995, most recently in Apr 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2011OfficeS$63.00M11,473 sqft$5,491
Jun 2010OfficeS$46.50M11,473 sqft$4,053
Apr 2006OfficeS$32.50M11,473 sqft$2,833

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 Aig 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 9 retail

Gross yield (area)
3.6%
3.2% net of property tax
Rent side (median of bands)
$140.33 psm/mo
2026Q2
Price side (strata, 5y)
$4,374 psf
184 sales

An INDICATIVE AREA yield for District 9 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 9 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$96.41$125.00$161.92
Level 1 · 30 & Below$116.17$145.26$294.10
B1 & Below · 30 & Below$211.72$338.73$498.21
Level 4 & Above · 30 & Below$90.90$124.33$165.55
Level 1 · >30 - 100$110.23$143.26$166.55
B1 & Below · >30 - 100$174.34$329.33$440.53
Level 2 & 3 · >30 - 100$101.61$137.40$180.53
Level 4 & Above · >30 - 100$100.04$115.15$145.94

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 Aig Building right now?

Key takeaway1 unit is currently listed at Aig Building. One row per unit; several agents often market the same unit.

For rent (1)

  • ⭐Fitness/Gym⭐ River Valley / Robertson Quay3 agentsS$27k/mo · 2,939 sqft

Browse every listing at this building →

7

What is near Aig Building?

Key takeawayThe nearest MRT/LRT is Great World MRT, about 580 m away.

Getting around

Amenities nearby

Hotel · 119 mPlace Of Worship · 239 mEducational Institution · 254 mRiver Pl Condo · 324 mRobertson Walk · 337 mThe Riverside Clinic · 354 mThe Butcher (Singapore) Pte. Ltd. · 408 mBlk 1 Jalan Kukoh · 436 mKim Seng Pk · 480 mHavelock MRT Exit 4 · 536 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Aig Building?

Key takeawayACRA records 33 live company registrations at this address, 5 of them in the last three years.
Live registrations
33
Registered last 3 years
5
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

What is Aig Building's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
262 kWh/m²·yr
10

Frequently asked questions about Aig Building

Where is Aig Building?

Aig Building is at 22 Martin Road, Singapore 239058, in the River Valley planning area.

What is Aig Building zoned as?

Aig Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Aig Building?

Aig Building is freehold.

What have units at Aig Building sold for?

Across 3 recorded transactions, the median price is S$4,053 psf. The latest was in April 2011.

What is the nearest MRT station to Aig Building?

Great World MRT is the closest, 580 m away (about a 9-minute walk).

How many businesses are registered at Aig Building?

33 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on Aig Building.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Aig Building — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp