CommercialCOMMERCIALConservationFreeholdDistrict 2 · Bukit Merah

Bukit Pasoh Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2005
Quick Summary

Bukit Pasoh Conservation Area is a commercial building in District 2 · Bukit Merah, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 1 transaction is on record since 1995, most recently in Jun 2005. ACRA records 10 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 · Bukit Merah, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 2 · Bukit Merah
Address
144 Neil Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
10
2

About Bukit Pasoh Conservation Area

Bukit Pasoh Conservation Area is a commercial conservation area in Bukit Merah (District 02). It is located along Neil Road, Singapore 088873.

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$1,440 psf. The most recent was in June 2005.

10 businesses are currently registered at this address with ACRA.

The nearest MRT is Outram Park MRT, 385 m away (about a 6-minute walk). The closest bus stop (Opp Police Cantonment Cplx) is 47 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Jun 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2005Shop HouseS$2.35M1,632 sqft$1,440

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 Outram Park MRT, about 385 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Police Cantonment Cplx · 47 mHotel · 133 mOutram Park MRT Exit 5 · 146 mThe Pinnacle Medical Centre @ Maritime · 193 mEducational Institution · 193 mPlace Of Worship · 216 mTanjong Pagar Community Club · 258 mOutram Polyclinic · 298 mDuxton Plain Pk · 323 mOutram Community Hospital · 587 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 · 333 mNTUC Fairprice Co-operative Ltd · 345 m100 Am · 492 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Bukit Pasoh Conservation Area?

Key takeawayACRA records 10 live company registrations at this address, 4 of them in the last three years.
Live registrations
10
Registered last 3 years
4
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.

8

Frequently asked questions about Bukit Pasoh Conservation Area

Where is Bukit Pasoh Conservation Area?

Bukit Pasoh Conservation Area is at 144 Neil Road, Singapore 088873, in the Bukit Merah 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$1,440 psf. The latest was in June 2005.

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

Outram Park MRT is the closest, 385 m away (about a 6-minute walk).

How many businesses are registered at Bukit Pasoh Conservation Area?

10 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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