CommercialCOMMERCIALConservationFreeholdDistrict 2 · Outram

Bukit Pasoh Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2021
Quick Summary

Bukit Pasoh Conservation Area is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 1 transaction is on record since 1995, most recently in May 2021. ACRA records 0 live company registrations at this address.

1

What are the key facts about Bukit Pasoh Conservation Area?

Key takeawayBukit Pasoh Conservation Area is a commercial building in District 2 · Outram, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 2 · Outram
Address
130,132 Neil Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Bukit Pasoh Conservation Area

Bukit Pasoh Conservation Area is a commercial conservation area in Outram (District 02). It is located along Neil Road, Singapore 088861.

Under the URA Master Plan it sits on land zoned commercial. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

The site is freehold.

1 transaction has been recorded here, at a median of S$8,328 psf. The most recent was in May 2021.

The nearest MRT is Maxwell MRT, 384 m away (about a 6-minute walk). The closest bus stop (Bef The Pinnacle @Duxton) is 48 m away (about a 1-minute walk).

3

What is Bukit Pasoh Conservation Area zoned as?

Key takeawayBukit Pasoh Conservation Area sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Chinatown (Bukit Pasoh)
Conserved building
Yes
Urban design area
Udga
Central Area
Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Bukit Pasoh Conservation Area sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2021Shop HouseS$22.50M2,702 sqft$8,328

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 Bukit Pasoh Conservation Area?

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

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

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 near Bukit Pasoh Conservation Area?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 384 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bef The Pinnacle @Duxton · 48 mHotel · 85 mOutram Park MRT Exit 5 · 177 mPlace Of Worship · 201 mThe Pinnacle Medical Centre @ Maritime · 226 mEducational Institution · 230 mTanjong Pagar Community Club · 267 mDuxton Plain Pk · 292 mOutram Polyclinic · 327 mOutram Community Hospital · 633 m

Competing premises nearby

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

Blk 6 Tanjong Pagar Plaza · 314 mLotte Mart Pte. Ltd. · 319 m100 Am · 484 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Bukit Pasoh Conservation Area?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

Frequently asked questions about Bukit Pasoh Conservation Area

Where is Bukit Pasoh Conservation Area?

Bukit Pasoh Conservation Area is at 130,132 Neil Road, Singapore 088861, in the Outram planning area.

What is Bukit Pasoh Conservation Area zoned as?

Bukit Pasoh Conservation Area sits on land zoned commercial under the URA Master Plan.

What is the tenure of Bukit Pasoh Conservation Area?

Bukit Pasoh Conservation Area is freehold.

Is Bukit Pasoh Conservation Area a conserved property?

Yes. Bukit Pasoh Conservation Area falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Bukit Pasoh Conservation Area sold for?

Across 1 recorded transaction, the median price is S$8,328 psf. The latest was in May 2021.

What is the nearest MRT station to Bukit Pasoh Conservation Area?

Maxwell MRT is the closest, 384 m away (about a 6-minute walk).

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