Central Plaza
Central Plaza is a commercial building in District 3 · Bukit Merah, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 64 years remaining. 1 transaction is on record since 1995, most recently in Oct 2006. 17 units are currently listed for rent. ACRA records 136 live company registrations at this address.
What are the key facts about Central Plaza?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 3.0
- Tenure
- Leasehold
- District / Area
- District 3 · Bukit Merah
- Address
- 298 Tiong Bahru Road
- Land area
- 15,252 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- 17
- ACRA registrations
- 136
About Central Plaza
Central Plaza is a commercial building in Bukit Merah (District 03). It is located along Tiong Bahru Road, Singapore 168730.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.
The site is leasehold, with about 64 years remaining on the lease. It occupies roughly 15,252 sqm of land with about 48,235 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$897 psf. The most recent was in October 2006.
136 businesses are currently registered at this address with ACRA.
The nearest MRT is Tiong Bahru MRT, 66 m away (about a 1-minute walk). The closest bus stop (Tiong Bahru Stn/Plaza) is 68 m away (about a 1-minute walk). Tiong Bahru Plaza is 111 m away (about a 2-minute walk).
What is Central Plaza zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 3.0
What has Central Plaza sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2006 | Office | S$175.00M | 195,054 sqft | $897 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near Central Plaza?
Indicative area yield — District 3 retail
An INDICATIVE AREA yield for District 3 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 3 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $95.98 | $132.22 | $183.14 |
| Level 2 & 3 · 30 & Below | $78.58 | $97.35 | $120.88 |
| Level 1 · >30 - 100 | $79.82 | $93.70 | $105.25 |
| Level 2 & 3 · >30 - 100 | $56.17 | $57.32 | $67.43 |
| Level 2 & 3 · >100 - 300 | $169.34 | $207.58 | $229.29 |
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 Central Plaza right now?
For rent (17)
- Central Plaza12 agentsS$28k/mo · 3,574 sqft
- Central PlazaS$11k/mo · 1,378 sqft
- Central Plaza2 agentsS$28k/mo · 3,574 sqft
- Central Plaza2 agentsS$24k/mo · 2,939 sqft
What is near Central Plaza?
Getting around
- Tiong Bahru MRT66 m · ~1 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Central Plaza?
- Live registrations
- 136
- Registered last 3 years
- 54
- 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.
What is Central Plaza's BCA building profile?
- BCA building type
- Office
- Green Mark
- Platinum (2016)
Frequently asked questions about Central Plaza
Where is Central Plaza?⌄
Central Plaza is at 298 Tiong Bahru Road, Singapore 168730, in the Bukit Merah planning area.
What is Central Plaza zoned as?⌄
Central Plaza sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Central Plaza?⌄
Central Plaza is leasehold. About 64 years remain on the lease.
What have units at Central Plaza sold for?⌄
Across 1 recorded transaction, the median price is S$897 psf. The latest was in October 2006.
What is the nearest MRT station to Central Plaza?⌄
Tiong Bahru MRT is the closest, 66 m away (about a 1-minute walk).
How many businesses are registered at Central Plaza?⌄
136 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.
The facts are here — now get the verdict on Central Plaza.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.