CommercialHOTELLeaseholdDistrict 3 · Bukit Merah

Alexandra Central

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

Alexandra Central is a commercial building in District 3 · Bukit Merah, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 2.8. It is leasehold with roughly 85 years remaining. 108 transactions are on record since 1995, most recently in Sept 2025. 62 units are currently listed for sale or rent. ACRA records 92 live company registrations at this address.

1

What are the key facts about Alexandra Central?

Key takeawayAlexandra Central is a commercial building in District 3 · Bukit Merah, zoned HOTEL, held leasehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
2.8
Tenure
Leasehold
District / Area
District 3 · Bukit Merah
Address
321 Alexandra Road
Land area
7,946 sqm
Transactions on record
108 (records start 1995)
Live listings
62
ACRA registrations
92
2

About Alexandra Central

Alexandra Central is a commercial building in Bukit Merah (District 03). It is located along Alexandra Road, Singapore 159971.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 2.8.

The site is leasehold, with about 85 years remaining on the lease. It occupies roughly 7,946 sqm of land with about 22,249 sqm of gross floor area.

108 transactions have been recorded here, at a median of S$5,400 psf. The most recent was in September 2025.

92 businesses are currently registered at this address with ACRA.

The nearest MRT is Queenstown MRT, 792 m away (about a 12-minute walk). The closest bus stop (Alexandra Ctrl) is 88 m away (about a 1-minute walk).

3

What is Alexandra Central zoned as?

Key takeawayAlexandra Central sits on land zoned HOTEL with a gross plot ratio of 2.8.
Land-use zone
HOTEL
Gross plot ratio
2.8
BCA-verified envelope: allowable GFA 22,249 sqm · built 8,677 sqm · headroom 13,572 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 Alexandra Central sold for?

Key takeawayAcross 108 recorded transactions since 1995, the median price is about S$1.43M, most recently in Sept 2025.
DateUsePriceAreaPSF
Sept 2025RetailS$850k194 sqft$4,387
Jul 2025RetailS$830k280 sqft$2,966
Jun 2025OfficeS$960k581 sqft$1,652
May 2025RetailS$4.20M657 sqft$6,397
Aug 2023RetailS$3.20M646 sqft$4,955
Sept 2022OfficeS$650k161 sqft$4,026
Jun 2015RetailS$888k161 sqft$5,500
Jul 2014RetailS$960k161 sqft$5,946
Apr 2014RetailS$5.27M1,098 sqft$4,800
Oct 2013RetailS$1.85M431 sqft$4,299

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 Alexandra Road price?

Strata sales on the street (5y)
8

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near Alexandra Central?

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

Indicative area yield — District 3 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$97.35 psm/mo
2026Q2
Price side (strata, 5y)
$3,219 psf
39 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$95.98$132.22$183.14
Level 2 & 3 · 30 & Below$78.58$97.35$120.88
Level 1 · >30 - 100$79.82$93.70$105.25
Level 2 & 3 · >30 - 100$56.17$57.32$67.43
Level 2 & 3 · >100 - 300$169.34$207.58$229.29

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 available at Alexandra Central right now?

Key takeaway62 units are currently listed at Alexandra Central40 for sale and 22 for rent. One row per unit; several agents often market the same unit.

For sale (40)

  • Alexandra CentralS$3.90M · 598 sqft
  • Alexandra CentralS$1.90M · 260 sqft
  • Alexandra Central2 agentsS$2.10M · 710 sqft
  • Alexandra CentralS$4.69M · 915 sqft

For rent (22)

  • Alexandra Central2 agentsS$2k/mo · 161 sqft
  • Alexandra CentralS$2k/mo · 161 sqft
  • Alexandra CentralS$5k/mo · 646 sqft
  • Alexandra Central2 agentsS$1k/mo · 107 sqft

Browse every listing at this building →

8

What is near Alexandra Central?

Key takeawayThe nearest MRT/LRT is Queenstown MRT, about 792 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mAlexandra Ctrl · 88 mRafflesMedical (Anchorpoint) · 143 mPlace Of Worship · 389 mEducational Institution · 450 mAlexandra Hospital · 606 mQueenstown MRT Exit A · 760 mBusiness Park · 1.2 km

Competing premises nearby

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

Anchorpoint · 129 mL M Meat Pte. Ltd · 129 mAlexandra Village Food Centre · 155 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Alexandra Central?

Key takeawayACRA records 92 live company registrations at this address, 41 of them in the last three years.
Live registrations
92
Registered last 3 years
41
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.

10

What is Alexandra Central's BCA building profile?

BCA building type
Retail
Green Mark
Certified (2014)
Energy use intensity
582 kWh/m²·yr
11

Frequently asked questions about Alexandra Central

Where is Alexandra Central?

Alexandra Central is at 321 Alexandra Road, Singapore 159971, in the Bukit Merah planning area.

What is Alexandra Central zoned as?

Alexandra Central sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Alexandra Central?

Alexandra Central is leasehold. About 85 years remain on the lease.

What have units at Alexandra Central sold for?

Across 108 recorded transactions, the median price is S$5,400 psf. The latest was in September 2025.

What is the nearest MRT station to Alexandra Central?

Queenstown MRT is the closest, 792 m away (about a 12-minute walk).

How many businesses are registered at Alexandra Central?

92 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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