CommercialCOMMERCIALFreeholdDistrict 1 · Singapore River

Central Mall

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2015
Quick Summary

Central Mall is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 1 transaction is on record since 1995, most recently in Dec 2015. ACRA records 10 live company registrations at this address.

1

What are the key facts about Central Mall?

Key takeawayCentral Mall is a commercial building in District 1 · Singapore River, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 1 · Singapore River
Address
1 Magazine Road
Land area
4,786 sqm
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
10
2

About Central Mall

Central Mall is a commercial building in Singapore River (District 01). It is located along Magazine Road, Singapore 059567.

Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.

The site is freehold. It occupies roughly 4,786 sqm of land with about 8,203 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$7,231 psf. The most recent was in December 2015.

10 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 471 m away (about a 7-minute walk). The closest bus stop (Ctrl Sq) is 129 m away (about a 2-minute walk). Robertson Walk is 400 m away (about a 6-minute walk).

3

What is Central Mall zoned as?

Key takeawayCentral Mall sits on land zoned COMMERCIAL, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 15,769 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Central Mall sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2015 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2015OfficeS$218.00M30,148 sqft$7,231

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 Central Mall?

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

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 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 1 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

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 Central Mall?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 471 m away.

Getting around

Amenities nearby

Hotel · 51 mPlace Of Worship · 102 mL&G Medical Clinic · 115 mCtrl Sq · 129 mSheng Siong Supermarket Pte Ltd · 169 mBlk 1 Jalan Kukoh · 266 mChinatown MRT Exit D · 358 mRobertson Walk · 400 mEducational Institution · 557 mKreta Ayer Community Club · 805 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Central Mall?

Key takeawayACRA records 10 live company registrations at this address.
Live registrations
10
Registered last 3 years
0
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

What is Central Mall's BCA building profile?

BCA building type
Office
Green Mark
Platinum (2017)
Energy use intensity
181 kWh/m²·yr
9

Frequently asked questions about Central Mall

Where is Central Mall?

Central Mall is at 1 Magazine Road, Singapore 059567, in the Singapore River planning area.

What is Central Mall zoned as?

Central Mall sits on land zoned commercial under the URA Master Plan.

What is the tenure of Central Mall?

Central Mall is freehold.

What have units at Central Mall sold for?

Across 1 recorded transaction, the median price is S$7,231 psf. The latest was in December 2015.

What is the nearest MRT station to Central Mall?

Clarke Quay MRT is the closest, 471 m away (about a 7-minute walk).

How many businesses are registered at Central Mall?

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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