CommercialCOMMERCIAL999-year leaseholdDistrict 1 · Downtown Core

Bank Of East Asia Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2006
Quick Summary

Bank Of East 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 14.0. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Dec 2006. 12 units are currently listed for rent. ACRA records 75 live company registrations at this address.

1

What are the key facts about Bank Of East Asia Building?

Key takeawayBank Of East Asia Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Tenure
999-year leasehold
District / Area
District 1 · Downtown Core
Address
137 Market Street
Land area
358 sqm
Transactions on record
1 (records start 1995)
Live listings
12
ACRA registrations
75
2

About Bank Of East Asia Building

Bank Of East Asia Building is a commercial building in Downtown Core (District 01). It is located along Market Street, Singapore 048943.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 14. It lies inside the Central Area.

The site is 999-year leasehold, with about 858 years remaining on the lease. It occupies roughly 358 sqm of land with about 5,009 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$8,997 psf. The most recent was in December 2006.

75 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 209 m away (about a 3-minute walk). The closest bus stop (Raffles Pl Stn Exit F) is 42 m away (about a 1-minute walk). Republic Plaza is 140 m away (about a 2-minute walk).

3

What is Bank Of East Asia Building zoned as?

Key takeawayBank Of East Asia Building sits on land zoned COMMERCIAL with a gross plot ratio of 14.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 5,012 sqm · built 5,030 sqm · headroom -18 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 Bank Of East Asia Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2006OfficeS$34.63M3,849 sqft$8,997

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 Bank Of East 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.

6

What is available at Bank Of East Asia Building right now?

Key takeaway12 units are currently listed at Bank Of East Asia Building. One row per unit; several agents often market the same unit.

For rent (12)

  • 137 Market StreetS$13k/mo · 1,453 sqft
  • Market Street Office - Solid Location, Near Raffles Place MRT!S$25k/mo · 2,820 sqft
  • 137 Market Street2 agentsS$11k/mo · 1,200 sqft
  • 137 Market Street2 agentsS$23k/mo · 2,500 sqft

Browse every listing at this building →

7

What is near Bank Of East Asia Building?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 209 m away.

Getting around

Amenities nearby

Raffles Pl Stn Exit F · 42 mRaffles Place MRT Exit F · 60 mThe Clinic @ Capitagreen · 65 mHotel · 79 mMarket Street Park · 139 mRepublic Plaza · 140 mMarket Street Hawker Centre · 194 mPlace Of Worship · 252 mAl Marche Pte Ltd · 288 mKreta Ayer Community Club · 841 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Bank Of East Asia Building?

Key takeawayACRA records 75 live company registrations at this address, 20 of them in the last three years.
Live registrations
75
Registered last 3 years
20
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 Bank Of East Asia Building's BCA building profile?

BCA building type
Office
Green Mark
GoldPlus (2009)
Energy use intensity
165 kWh/m²·yr
10

Frequently asked questions about Bank Of East Asia Building

Where is Bank Of East Asia Building?

Bank Of East Asia Building is at 137 Market Street, Singapore 048943, in the Downtown Core planning area.

What is Bank Of East Asia Building zoned as?

Bank Of East Asia Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.

What is the tenure of Bank Of East Asia Building?

Bank Of East Asia Building is 999-year leasehold. About 858 years remain on the lease.

What have units at Bank Of East Asia Building sold for?

Across 1 recorded transaction, the median price is S$8,997 psf. The latest was in December 2006.

What is the nearest MRT station to Bank Of East Asia Building?

Telok Ayer MRT is the closest, 209 m away (about a 3-minute walk).

How many businesses are registered at Bank Of East Asia Building?

75 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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