Boon Sing Building
Boon Sing Building is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is 999-year leasehold. 10 transactions are on record since 1995, at a median S$1,149 psf, most recently in Mar 2026. ACRA records 20 live company registrations at this address.
What are the key facts about Boon Sing Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- 999-year leasehold
- District / Area
- District 7 · Downtown Core
- Address
- 43 Middle Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Strata lots (whole development, MCST)
- 10
- Managing agent
- LANDSFIELD PROPERTY MANAGEMENT PTE LTD
- Strata formed
- 1986 (MCST 1193)
- Submarket
- City Hall / Bugis
- Units with a recorded sale
- At least 3
- Transactions on record
- 10 (records start 1995)
- Live listings
- None
- ACRA registrations
- 20
About Boon Sing Building
Boon Sing Building is a mixed-use building in Downtown Core (District 07). It is located along Middle Road, Singapore 188952.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. It lies inside the Central Area.
The site is 999-year leasehold, with about 808 years remaining on the lease.
10 transactions have been recorded here, at a median of S$1,149 psf. The most recent was in March 2026.
23 businesses are currently registered at this address with ACRA.
The nearest MRT is Esplanade MRT, 376 m away (about a 6-minute walk). The closest bus stop (Bef Beach Rd) is 46 m away (about a 1-minute walk).
What is Boon Sing Building zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Urban design area
- Udga
- Central Area
- Yes
What has Boon Sing Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2026 | Office | S$2.48M | 1,119 sqft | $2,215 |
| Jan 2021 | Retail | S$2.00M | 1,119 sqft | $1,787 |
| Oct 2017 | Office | S$1.85M | 1,119 sqft | $1,653 |
| Oct 2012 | Retail | S$1.62M | 1,119 sqft | $1,445 |
| Aug 2011 | Retail | S$1.30M | 1,119 sqft | $1,161 |
| Feb 2011 | Office | S$1.15M | 1,012 sqft | $1,137 |
| Feb 2010 | Office | S$1.15M | 1,119 sqft | $1,027 |
| Jul 2007 | Office | S$750k | 1,012 sqft | $741 |
| Oct 2003 | Office | S$920k | 1,119 sqft | $822 |
| Jul 2003 | Office | S$895k | 1,012 sqft | $885 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Boon Sing Building rent for?
Office space on Middle Road
Street level · 2026Q3S$ per sq ft per month · median -4.9% on a year earlier
URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space on Middle Road
Street level · 2026Q3S$ per sq ft per month · median +12.1% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 7 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 7 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around Boon Sing Building
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
What's been approved at Boon Sing Building?
- 2 Dec 2024ApprovedChange of use to commercial school
Proposed change of use of 1st storey to commercial school at boon sing building
- 1 Jun 2024RefusedFloor 6Change of use to serviced apartment
Proposed change of use of unit #06-XX to serviced apartment at boon sing building
- 20 Aug 2022RenewedContinued use as tcm & massage establishment
Continued use of the 1st & 2nd storey as tcm & massage establishment at boon sing building
- 13 Oct 2020Agency worksFloor 6Change of use to restaurant
Lodgment for proposed use of unit #06-XX as restaurant
- 27 Sept 2019ApprovedChange of use: restaurant → tcm & massage establishment
Proposed change of use of the 1st & 2nd storey from restaurant to tcm & massage establishment at boon sing building
- 26 Sept 2017RenewedFloor 6Continued use as fitness centre
Continued use of #06-XX as fitness centre at boon sing building
- 12 Dec 2016RefusedChange of use to boarding house
Proposed change of use of the 6th storey premises to boarding house
- 15 Aug 2016RefusedChange of use to backpackers' hostel
Proposed change of use of the 6th storey premises to backpackers' hostel at boon sing building
- 17 Sept 2014ApprovedFloor 6Change of use: office and commercial school → fitness centre
Proposed change of use of #06-XX from office and commercial school to fitness centre at 43 middle road - boon sing building
- 3 Oct 2012Agency worksFloor 3Change of use to office or commercial school
Lodgment for proposed use of unit #03-XX as office or commercial school at 43 middle road - boon sing building
- 30 Mar 2012Agency worksFloors 1, 2Change of use to restaurant
Lodgment for proposed use of units #01-XX & #02-XX as restaurant at 43 middle road (downtown core planning area)
- 20 Sept 2011ApprovedChange of use: office → boarding house
Proposed change of use of 3rd storey from office to boarding house
3 earlier change-of-use and A&A decisions are on record since 2000.
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
How does Middle Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Boon Sing Building?
Indicative area yield — District 7 retail
An INDICATIVE AREA yield for District 7 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 7 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $93.33 | $113.33 | $165.94 |
| Level 4 & Above · 30 & Below | $69.42 | $79.17 | $140.05 |
| B1 & Below · 30 & Below | $94.66 | $392.16 | $721.70 |
| Level 2 & 3 · 30 & Below | $71.79 | $88.95 | $100.36 |
| Level 1 · >30 - 100 | $84.41 | $129.03 | $192.55 |
| Level 2 & 3 · >30 - 100 | $53.85 | $86.57 | $113.16 |
| B1 & Below · >30 - 100 | $71.03 | $80.88 | $146.17 |
| Level 4 & Above · >30 - 100 | $47.06 | $59.43 | $68.42 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 2 · 100 & Below | $54.65 | $69.39 | $88.80 |
| Category 1 · 100 & Below | $103.62 | $122.24 | $132.43 |
| Category 1 · >100 - 200 | $116.28 | $126.99 | $148.35 |
| Category 2 · >100 - 200 | $65.57 | $82.87 | $97.63 |
| Category 1 · >200 - 500 | $114.67 | $128.09 | $145.77 |
| Category 2 · >200 - 500 | $64.83 | $82.57 | $94.73 |
| Category 1 · >500 - 1000 | $106.56 | $137.78 | $148.23 |
| Category 2 · >500 - 1000 | $85.04 | $89.34 | $109.80 |
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.
What is near Boon Sing Building?
Getting around
- Esplanade MRT376 m · ~6 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Boon Sing Building
nearest MRT/LRT Bugis (EW12/DT14) 283 m, about 109,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 18, about 36,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 8,238 residents within 1 km (June 2026); 10 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Bugis (EW12 / DT14)283 m · about 109,000 weekday taps
- Esplanade (CC3)357 m · about 15,000 weekday taps
- Bras Basah (CC2)452 m · about 10,000 weekday taps
- City Hall (NS25 / EW13)497 m · about 91,000 weekday taps
- Bencoolen (DT21)560 m · about 20,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Boon Sing Building. Transfers between lines don't tap, so interchanges read low.
Bus
18 bus stops within 400 m, with about 36,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Purvis St) (URA)62 m
- Purvis St (URA)64 mS$1.20 per half-hour at midday on a weekday · 43 car lots
- Backlane (Seah St) (URA)114 m
- Seah St (URA)133 mS$1.20 per half-hour at midday on a weekday · 8 car lots
- Liang Seah St (URA)159 mS$1.20 per half-hour at midday on a weekday · 45 car lots
Nearest URA season parking: Kampong Glam Area, 750 m away, S$125/month.
Public car parks only, by straight-line distance, with the operator's published rates. Boon Sing Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Boon Sing Building?
- Financial and insurance4
- Professional, scientific and technical services4
- Construction4
- Information and communications2
- Transportation and storage2
- Wholesale and retail trade1
- Manufacturing1
- Education1
- Arts, entertainment and recreation1
- Administrative and support services0
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
Frequently asked questions about Boon Sing Building
Where is Boon Sing Building?⌄
Boon Sing Building is at 43 Middle Road, Singapore 188952, in the Downtown Core planning area.
What is Boon Sing Building zoned as?⌄
Boon Sing Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of Boon Sing Building?⌄
Boon Sing Building is 999-year leasehold. About 808 years remain on the lease.
What have units at Boon Sing Building sold for?⌄
Across 10 recorded transactions, the median price is S$1,149 psf. The latest was in March 2026.
What is the nearest MRT station to Boon Sing Building?⌄
Esplanade MRT is the closest, 376 m away (about a 6-minute walk).
How many businesses are registered at Boon Sing Building?⌄
23 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.
The facts are here — now get the verdict on Boon Sing Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Boon Sing Building.