CommercialCOMMERCIALDistrict 7 · Rochor

Bugis+

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

Bugis+ is a commercial building in District 7 · Rochor, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. 5 units are currently listed for rent. ACRA records 16 live company registrations at this address.

The facts are here — now get the verdict on Bugis+.

Ask PropKaki

What are the key facts about Bugis+?

Key takeawayBugis+ is a commercial building in District 7 · Rochor, zoned COMMERCIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 3.0
Tenure: Not on record
District / Area: District 7 · Rochor
Address: 201 Victoria Street
Land area: 8,921 sqm
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Owner: CapitaLand Integrated Commercial Trust (SGX filings)
Car-park lots: 323 (the owner's annual report (as filed on SGX))
Submarket: City Fringe
Listed as: Food & Beverage, Office, Other Retail
Transactions on record: None recorded
Live listings: 5
ACRA registrations: 16

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

Who owns Bugis+, and what is it valued at?

Key takeawayBugis+ is owned by CapitaLand Integrated Commercial Trust, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.

Valued at S$362 million as at 31 Dec 2025, by Jones Lang LaSalle Property Consultants Pte Ltd.

per CapitaLand Integrated Commercial Trust's SGX filing, 6 Feb 2026

Earlier: S$359 million (31 Dec 2024) · S$358 million (31 Dec 2023) · S$354 million (31 Dec 2022)

Bugis+: CapitaLand Integrated Commercial Trust's annual report (2025)

Tenants: 90
Car-park lots: 323
Land tenure: Leasehold tenure of 60 years with effect from 30 September 2005
Green Mark: EDGE
Major tenants: Golden Village Multiplex Pte Ltd, JD Sports Fashion Pte. Ltd., Uniqlo (Singapore) Pte. Ltd.

per CapitaLand Integrated Commercial Trust's annual report (SGX), 20 Mar 2026, page 11

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

About Bugis+

Bugis+ is a commercial building in Rochor (District 07). It is located along Victoria Street, Singapore 188067.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3. It lies inside the Central Area.

It occupies roughly 8,921 sqm of land with about 28,740 sqm of gross floor area.

18 businesses are currently registered at this address with ACRA.

The nearest MRT is Bugis MRT, 233 m away (about a 4-minute walk). The closest bus stop (Aft Bugis Stn Exit C) is 122 m away (about a 2-minute walk). Bugis+ is 70 m away (about a 1-minute walk).

What is Bugis+ zoned as?

Key takeawayBugis+ sits on land zoned COMMERCIAL with a gross plot ratio of 3.0, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 3.0
Urban design area: Udga
Central Area: Yes

Run the full zoning report for this building →

What does space at Bugis+ rent for?

Key takeawayNo rent is published for Bugis+ itself. On its street, Victoria Street, office space rented at a median of $9.01 psf a month in 2026Q3, with the middle half of leases between $8.41 and $10.00. That is not this building's own rent, and never a quote for a particular unit.

Office space on Victoria Street

Street level · 2026Q3

25th pct

$8.41

$90.56 psm

Median

$9.01

$97.00 psm

75th pct

$10.00

$107.64 psm

S$ per sq ft per month · median +38.3% on a year earlier

2023Q2 · $99.56 psm2026Q3 · $97.00 psm median

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 Victoria Street

Street level · 2026Q3

25th pct

$15.86

$170.73 psm

Median

$20.66

$222.40 psm

75th pct

$29.96

$322.49 psm

S$ per sq ft per month · median +6.5% on a year earlier

2023Q4 · $212.47 psm2026Q3 · $222.40 psm median

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 · 2026Q3

25th pct

$7.09

$76.30 psm

Median

$9.31

$100.25 psm

75th pct

$13.31

$143.24 psm

S$ 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 Bugis+

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

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.

How fast units move at Bugis+

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 5 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Bugis+?

Key takeawayURA has approved 28 changes of use at Bugis+ since 2000, most recently in 2025. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

4 May 2026RenewedFloor 7
Continued use as nightclub
Continued use of unit #07-XX as nightclub
19 Nov 2025ApprovedFloor 7
Change of use: restaurant of unit #07-xx & pet shop with snack bar of unit #07-xx and #07-xx → restaurant and bar with live entertainment
Proposed change of use from restaurant of unit #07-XX & pet shop with snack bar of unit #07-XX and #07-XX to restaurant and bar with live entertainment
29 Oct 2025RenewedFloor 7
Continued use as nightclub
Continued use of unit #07-XX as nightclub at the temporary roof pavilion
21 Oct 2025ApprovedFloor 7
Change of use: restaurant of unit #07-xx & pet shop with snack bar of unit #07-xx and #07-xx → restaurant with live entertainment
Proposed change of use from restaurant of unit #07-XX & pet shop with snack bar of unit #07-XX and #07-XX to restaurant with live entertainment
23 Apr 2025ApprovedFloor 1
Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant
11 Apr 2025ApprovedFloor 3
Change of use to restaurant
Proposed change of use of unit #03-XX and #03-XX to restaurant
27 Feb 2025ApprovedFloor 4
Change of use to restaurant and bar
Proposed change of use of unit #04-XX to restaurant and bar
14 Mar 2024ApprovedFloor 3
Change of use to supermarket with ancillary dine-in
Proposed change of use of unit #03-XX and #03-XX to supermarket with ancillary dine-in
23 Nov 2023RenewedFloor 5
Continued use as amusement centre with ancillary restaurant and shop
Continued use of units #05-XX, #05-XX and #05-XX as amusement centre with ancillary restaurant and shop
21 Jun 2023ApprovedFloor 7
Change of use to nightclub
Proposed change of use of unit #07-XX to nightclub
20 Jan 2023ApprovedFloor 7
Change of use to nightclub
Proposed change of use of unit #07-XX to nightclub at the temporary roof pavilion
13 Dec 2022ApprovedFloor 4
Change of use to restaurant and bar
Proposed change of use of unit #04-XX to restaurant and bar

51 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 Victoria Street price?

Key takeawayAcross 17 strata sales on Victoria Street in the last 5 years, the median is $2,271 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,271

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

What do commercial rents run near Bugis+?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)

4.8%

4.3% net of property tax

Rent side (median of bands)

$100.25 psm/mo

2026Q3

Price side (strata, 5y)

$2,348 psf

241 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, 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 available at Bugis+ right now?

Key takeaway5 units are currently listed at Bugis+. One row per unit; several agents often market the same unit.

For rent (5)

BugisS$41k/mo · 1,800 sqft
BugisS$28k/mo · 1,568 sqft
Bugis dance club/ karaoke/ KTV/ flower joint2 agentsS$27k/mo · 2,200 sqft
BugisS$9k/mo · 603 sqft

Browse every listing at this building →

What is near Bugis+?

Key takeawayThe nearest MRT/LRT is Bugis MRT, about 233 m away.

Getting around

Bugis MRT233 m · ~4 min

Amenities nearby

Bugis+ · 70 mPlace Of Worship · 100 mHotel · 113 mAft Bugis Stn Exit C · 122 mBugis MRT Exit C · 198 mCold Storage Singapore (1983) Pte Ltd · 213 mAlbert Centre Market & Food Centre · 237 mShalom Medical Group · 250 mEducational Institution · 266 mRaffles Hospital · 435 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Bugis+

Key takeawayThe nearest station is Bugis (EW12 / DT14), 198 m away — one of the busiest stations, with about 109,000 taps in and out on an average weekday. 18 public car parks are within 500 m.

Foot traffic: busier than 95% of retail buildings

nearest MRT/LRT Bugis (EW12/DT14) 198 m, about 109,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 22, about 47,000 taps a weekday; Rochor: 31,654 resident workers (Census 2020, by workplace); about 13,000 residents within 1 km (June 2026); 9 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)198 m · about 109,000 weekday taps
Bencoolen (DT21)378 m · about 20,000 weekday taps
Bras Basah (CC2)400 m · about 10,000 weekday taps
Rochor (DT13)534 m · about 22,000 weekday taps
Esplanade (CC3)582 m · about 15,000 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 Bugis+. Transfers between lines don't tap, so interchanges read low.

Bus

22 bus stops within 400 m, with about 47,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Manila St (URA)36 m
S$1.20 per half-hour at midday on a weekday · 6 car lots
Bugis+ (development car park)86 m
rates not published as open data
Queen St (URA)117 m
S$1.20 per half-hour at midday on a weekday · 6 car lots
Cheng Yan Place (URA)120 m
S$1.20 per half-hour at midday on a weekday · 4 car lots
Queen St Off St (URA)143 m
S$1.40 per half-hour at midday on a weekday · 91 car lots

Nearest URA season parking: Kampong Glam Area, 773 m away, S$125/month.

Public car parks only, by straight-line distance, with the operator's published rates. Bugis+'s own car park, if it has one, and its charges are not in the open data.

Who's registered at Bugis+?

Key takeaway16 live companies (and LLPs and branches; sole proprietors are not counted) list Bugis+ as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
6
Wholesale and retail trade
4
Arts, entertainment and recreation
3
Information and communications
1
Professional, scientific and technical services
1
Other services
1
Financial and insurance
0
Manufacturing
0

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 Bugis+

Where is Bugis+?⌄

Bugis+ is at 201 Victoria Street, Singapore 188067, in the Rochor planning area.

What is Bugis+ zoned as?⌄

Bugis+ sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

Have there been any recorded transactions at Bugis+?⌄

No caveats have been lodged for Bugis+ in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Bugis+?⌄

Bugis MRT is the closest, 233 m away (about a 4-minute walk).

How many businesses are registered at Bugis+?⌄

18 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 Bugis+.

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

Ask PropKaki Try on WhatsApp

PropKaki

Tell me about Bugis+ — 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…

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Car-park lots: as the owner's latest annual report prints them.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, the owner's SGX filings, the owner's annual report (as filed on SGX), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 10 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.