CommercialHOTELFreeholdDistrict 2 · Outram

Chinatown Plaza

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2016
Quick Summary

Chinatown Plaza is a commercial building in District 2 · Outram, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 3.5. It is freehold. 29 transactions are on record since 1995, at a median S$795 psf, most recently in Oct 2016. 20 units are currently listed for sale or rent. ACRA records 1 live company registration at this address.

1

What are the key facts about Chinatown Plaza?

Key takeawayChinatown Plaza is a commercial building in District 2 · Outram, zoned HOTEL, held freehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
3.5
Tenure
Freehold
District / Area
District 2 · Outram
Address
34 Craig Road
Land area
3,154 sqm
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
Units with a recorded sale
At least 20
Transactions on record
29 (records start 1995)
Live listings
20
ACRA registrations
1
2

About Chinatown Plaza

Chinatown Plaza is a mixed-use building in Outram (District 02). It is located along Craig Road, Singapore 089673.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 3.5. It lies inside the Central Area.

The site is freehold. It occupies roughly 3,154 sqm of land with about 12,611 sqm of gross floor area.

29 transactions have been recorded here, at a median of S$795 psf. The most recent was in October 2016.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 286 m away (about a 4-minute walk). The closest bus stop (Bef The Pinnacle @Duxton) is 70 m away (about a 1-minute walk).

3

What is Chinatown Plaza zoned as?

Key takeawayChinatown Plaza sits on land zoned HOTEL with a gross plot ratio of 3.5, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
3.5
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 11,039 sqm · built 4,828 sqm · headroom 6,211 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 Chinatown Plaza sold for?

Key takeawayAcross 29 recorded transactions since 1995, the median price is about S$550k, most recently in Oct 2016.
DateUsePriceAreaPSF
Oct 2016RetailS$550k323 sqft$1,703
Aug 2016OfficeS$1.00M581 sqft$1,720
Jan 2016RetailS$2.27M1,130 sqft$2,008
Dec 2013RetailS$2.63M1,518 sqft$1,732
Feb 2013RetailS$1.88M1,119 sqft$1,675
Mar 2010RetailS$325k409 sqft$795
Feb 2010OfficeS$505k484 sqft$1,043
Apr 2009RetailS$370k614 sqft$603
Feb 2008OfficeS$668k581 sqft$1,149
Aug 2007OfficeS$350k420 sqft$834

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. sqm ↔ sq ft converter

5

What does space at Chinatown Plaza rent for?

Key takeawayNo street- or building-level rent is published here. Across District 2 retail, retail space rented at a median of $8.70 psf a month in 2026Q3, with the middle half of leases between $7.84 and $9.99. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 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 2 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).

6

Market context around Chinatown Plaza

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.

7

How fast units move at Chinatown Plaza

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 9 units for rent; 11 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 1 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.

8

What's been approved at Chinatown Plaza?

Key takeawayURA has approved 7 changes of use at Chinatown Plaza since 2000, most recently in 2016. 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.
  1. 3 Mar 2022Approved
    Additions & alterations

    1st extension of written permission for proposed new erection of 13-storey mixed use development with 2 basements for carpark and ess, restaurant use at 1st and 3rd storeys, ancillary hotel facilities at 3rd storey, hotel (302 rooms) from 3rd-12th storeys, m&e at 13th storey and roof terrace with restaurant (on temporary permission)

  2. 24 May 2017RenewedFloor 2
    Continued use as massage establishment

    Continued use of unit #02-XX as massage establishment (facial treatment, waxing, body massage, scrub & water therapies)

  3. 17 May 2016ApprovedFloor 1
    Change of use to commercial school

    Proposed change of use of unit #01-XX to commercial school (tango dance studio) at chinatown plaza

  4. 21 Apr 2016RenewedFloor 2
    Continued use as massage establishment

    Continued use of unit #02-XX as massage establishment (facial treatment, waxing, body massage, scrub & water therapies)

  5. 18 Jun 2015ApprovedFloor 2
    Change of use to health centre

    Proposed change of use of unit #02-XX to health centre (facial treatment, waxing, body massage, scrub & water therapies)

  6. 24 Feb 2015Agency worksFloor 2
    Change of use to office or commercial school

    Lodgement for proposed use of unit #02-XX as office or commercial school

  7. 23 Jan 2014ApprovedFloor 1
    Change of use: bank → restaurant

    Proposed change of use of the unit #01-XX and #01-XX from bank to restaurant at chinatown plaza

  8. 20 Sept 2013ApprovedFloor 1
    Change of use to restaurant

    Change of use of the shop premises unit #01-XX to restaurant at chinatown plaza

  9. 11 Oct 2011ApprovedFloor B1
    Change of use: amusement centre → music studio

    Change of use of the premises unit #B1-XX of chinatown plaza from amusement centre to music studio

  10. 14 Oct 2008ApprovedFloors 1, 2
    Change of use to karaoke lounge

    Change of use of units #01-XX and #02-XX to karaoke lounge

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).

9

What do commercial rents run near Chinatown Plaza?

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

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th 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.

10

What is available at Chinatown Plaza right now?

Key takeaway20 units are currently listed at Chinatown Plaza — 11 for sale and 9 for rent. One row per unit; several agents often market the same unit.

For sale (11)

  • 34 Craig Road, 089673S$35.00M · 3,115 sqft
  • Own A Craig Road Shophouse Today: Where History and Modernity MeetS$35.00M · 7,340 sqft
  • Prime Tanjong Pagar ConservationS$7.80M · 2,100 sqft
  • 2-Storey + Attic Shophouse at Craig RoadS$10.00M · 3,200 sqft

For rent (9)

  • ❤️Renovated Shophouse Office | Craig RoadS$12k/mo · 1,410 sqft
  • Craig Raod3 agentsS$15k/mo · 1,457 sqft
  • Craig Road Ground Floor Shophouse for Rent5 agentsS$16k/mo · 1,457 sqft
  • Craig Road Ground-Floor F&B Shophouse | F&B LicenseS$14k/mo · 1,450 sqft

Browse every listing at this building →

11

What is near Chinatown Plaza?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 286 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mBef The Pinnacle @Duxton · 70 mPlace Of Worship · 155 mDuxton Medical Clinic · 192 mMaxwell MRT Exit 3 · 192 mTanjong Pagar Community Club · 283 mDuxton Plain Pk · 286 mEducational Institution · 311 mOutram Polyclinic · 434 mOutram Community Hospital · 751 m

Competing premises nearby

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

Lotte Mart Pte. Ltd. · 207 mBlk 6 Tanjong Pagar Plaza · 254 m100 Am · 443 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Chinatown Plaza

Key takeawayThe nearest station is Maxwell (TE18), 192 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 42 public car parks are within 500 m.
Foot traffic: busier than 84% of retail buildings

nearest MRT/LRT Maxwell (TE18) 192 m, about 23,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 15, about 20,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 24,000 residents within 1 km (June 2026); 4 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

  • Maxwell (TE18)192 m · about 23,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)260 m · about 78,000 weekday taps
  • Tanjong Pagar (EW15)390 m · about 85,000 weekday taps
  • Chinatown (NE4 / DT19)592 m · about 97,000 weekday taps
  • Cantonment (CC31)689 m · 3,987 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 Chinatown Plaza. Transfers between lines don't tap, so interchanges read low.

Bus

15 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Neil Rd (URA)73 m
    S$1.20 per half-hour at midday on a weekday · 7 car lots
  • Neil Rd Off St (URA)80 m
    S$1.20 per half-hour at midday on a weekday · 15 car lots
  • Backlane (Keong Saik R D) (URA)106 m
  • Backlane (Teck Lim Rd) (URA)107 m
  • Duxton Hill Off St (URA)117 m
    S$1.20 per half-hour at midday on a weekday · 58 car lots

Nearest URA season parking: Blair Road-Everton Roa D Area, 625 m away, S$80/month.

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

13

Who's registered at Chinatown Plaza?

Key takeaway1 live company (and LLPs and branches; sole proprietors are not counted) list Chinatown Plaza as their registered address. These are registered businesses, not who occupies the space.
  • Professional, scientific and technical services
    1
  • Wholesale and retail trade
    0
  • Information and communications
    0
  • Administrative and support services
    0
  • Education
    0
  • Transportation and storage
    0
  • Financial and insurance
    0
  • Real estate
    0
  • Manufacturing
    0
  • Accommodation and food services
    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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

14

What is Chinatown Plaza's BCA building profile?

BCA building type
Retail
Green Mark
NA (NA)
Energy use intensity
315 kWh/m²·yr
15

Frequently asked questions about Chinatown Plaza

Where is Chinatown Plaza?⌄

Chinatown Plaza is at 34 Craig Road, Singapore 089673, in the Outram planning area.

What is Chinatown Plaza zoned as?⌄

Chinatown Plaza sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of Chinatown Plaza?⌄

Chinatown Plaza is freehold.

What have units at Chinatown Plaza sold for?⌄

Across 29 recorded transactions, the median price is S$795 psf. The latest was in October 2016.

What is the nearest MRT station to Chinatown Plaza?⌄

Maxwell MRT is the closest, 286 m away (about a 4-minute walk).

How many businesses are registered at Chinatown Plaza?⌄

3 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

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This development is also registered as the residential project Chinatown Plaza.