CommercialCOMMERCIAL999-year leaseholdDistrict 7 · Downtown Core

Boon Sing Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2014
Quick Summary

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. 3 transactions are on record since 1995, most recently in Oct 2014. ACRA records 22 live company registrations at this address.

1

What are the key facts about Boon Sing Building?

Key takeawayBoon Sing Building is a commercial building in District 7 · Downtown Core, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
999-year leasehold
District / Area
District 7 · Downtown Core
Address
41 Middle Road
Land area
344 sqm
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
22
2

About Boon Sing Building

Boon Sing Building is a mixed-use building in Downtown Core (District 07). It is located along Middle Road, Singapore 188950.

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. It occupies roughly 344 sqm of land with about 1,443 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$1,186 psf. The most recent was in October 2014.

22 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). Bugis Junction is 232 m away (about a 4-minute walk).

3

What is Boon Sing Building zoned as?

Key takeawayBoon Sing Building sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Boon Sing Building sold for?

Key takeaway3 transactions are on record since 1995, most recently in Oct 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2014OfficeS$1.88M1,119 sqft$1,679
Jan 2011OfficeS$1.20M1,012 sqft$1,186
Apr 2002OfficeS$630k1,119 sqft$563

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 Middle Road price?

Key takeawayAcross 62 strata sales on Middle Road in the last 5 years, the median is $1,966 psf.
Strata sales on the street (5y)
62
Street median PSF (strata)
$1,966

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

6

What do commercial rents run near Boon Sing 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 7 retail

Gross yield (area)
5.0%
4.5% net of property tax
Rent side (median of bands)
$106.44 psm/mo
2026Q2
Price side (strata, 5y)
$2,353 psf
231 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$65.63$77.77$101.79
B1 & Below · 30 & Below$58.19$114.29$345.38
Level 4 & Above · 30 & Below$85.23$111.50$131.58
Level 1 · 30 & Below$86.33$95.24$110.00
Level 4 & Above · >30 - 100$59.29$108.48$136.75
Level 1 · >30 - 100$93.54$118.89$225.20
Level 2 & 3 · >30 - 100$65.50$89.70$119.75
B1 & Below · >30 - 100$69.36$86.33$409.96

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 Boon Sing Building?

Key takeawayThe nearest MRT/LRT is Esplanade MRT, about 376 m away.

Getting around

Amenities nearby

Hotel · 34 mBef Beach Rd · 46 mShalom Medical Group · 208 mBugis Junction · 232 mPlace Of Worship · 243 mBugis MRT Exit D · 283 mCold Storage Singapore (1983) Pte Ltd · 317 mEducational Institution · 317 mWar Memorial Pk · 471 mAlbert Centre Market & Food Centre · 475 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Boon Sing Building?

Key takeawayACRA records 22 live company registrations at this address, 10 of them in the last three years.
Live registrations
22
Registered last 3 years
10
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 Boon Sing Building

Where is Boon Sing Building?

Boon Sing Building is at 41 Middle Road, Singapore 188950, 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 3 recorded transactions, the median price is S$1,186 psf. The latest was in October 2014.

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?

22 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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