CommercialHOTELLeaseholdDistrict 3 · Bukit Merah

Concorde Shopping Centre

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

Concorde Shopping Centre is a commercial building in District 3 · Bukit Merah, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 3.8. It is leasehold with roughly 53 years remaining. 185 transactions are on record since 1995, most recently in Jun 2026. 32 units are currently listed for sale or rent. ACRA records 348 live company registrations at this address.

1

What are the key facts about Concorde Shopping Centre?

Key takeawayConcorde Shopping Centre is a commercial building in District 3 · Bukit Merah, zoned HOTEL, held leasehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
3.8
Tenure
Leasehold
District / Area
District 3 · Bukit Merah
Address
317 Outram Road
Land area
11,974 sqm
Transactions on record
185 (records start 1995)
Live listings
32
ACRA registrations
348
2

About Concorde Shopping Centre

Concorde Shopping Centre is a commercial building in Bukit Merah (District 03). It is located along Outram Road, Singapore 169075.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 3.8.

The site is leasehold, with about 53 years remaining on the lease. It occupies roughly 11,974 sqm of land with about 45,500 sqm of gross floor area.

185 transactions have been recorded here, at a median of S$979 psf. The most recent was in June 2026.

348 businesses are currently registered at this address with ACRA.

The nearest MRT is Havelock MRT, 81 m away (about a 1-minute walk). The closest bus stop (Havelock Stn Exit 5) is 94 m away (about a 2-minute walk).

3

What is Concorde Shopping Centre zoned as?

Key takeawayConcorde Shopping Centre sits on land zoned HOTEL with a gross plot ratio of 3.8.
Land-use zone
HOTEL
Gross plot ratio
3.8
Urban design area
Zion Road/ Havelock Road Ud Area
BCA-verified envelope: allowable GFA 45,501 sqm · built 54,042 sqm · headroom -8,541 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 Concorde Shopping Centre sold for?

Key takeawayAcross 185 recorded transactions since 1995, the median price is about S$318k, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026RetailS$398k269 sqft$1,479
Jun 2026OfficeS$672k312 sqft$2,151
Nov 2025OfficeS$450k215 sqft$2,090
Oct 2025OfficeS$455k280 sqft$1,626
Sept 2025OfficeS$299k194 sqft$1,543
Aug 2025RetailS$1.16M441 sqft$2,628
Dec 2024OfficeS$688k377 sqft$1,826
Oct 2024OfficeS$400k226 sqft$1,770
Oct 2024RetailS$675k388 sqft$1,742
Jun 2024OfficeS$688k452 sqft$1,522

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

How does Outram Road price?

Key takeawayAcross 26 strata sales on Outram Road in the last 5 years, the median is $1,729 psf.
Strata sales on the street (5y)
26
Street median PSF (strata)
$1,729

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Concorde Shopping Centre?

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

Indicative area yield — District 3 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$97.35 psm/mo
2026Q2
Price side (strata, 5y)
$3,219 psf
39 sales

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 band25th pctMedian75th 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.

7

What is available at Concorde Shopping Centre right now?

Key takeaway32 units are currently listed at Concorde Shopping Centre21 for sale and 11 for rent. One row per unit; several agents often market the same unit.

For sale (21)

  • Concorde Shopping Centre2 agentsS$732k · 333 sqft
  • Concorde Shopping Centre2 agentsS$488k · 215 sqft
  • Concorde Shopping Centre3 agentsS$778k · 409 sqft
  • Concorde Shopping Centre2 agentsS$4.00M · 1,862 sqft

For rent (11)

  • Commercial School / Office @ Concorde Shopping CentreS$68k/mo · 12,417 sqft
  • Concorde Shopping CentreS$2k/mo · 419 sqft
  • Concorde Shopping Centre2 agentsS$2k/mo · 205 sqft
  • Concorde Shopping CentreS$1k/mo · 161 sqft

Browse every listing at this building →

8

What is near Concorde Shopping Centre?

Key takeawayThe nearest MRT/LRT is Havelock MRT, about 81 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mHavelock MRT Exit 5 · 80 mHavelock Stn Exit 5 · 94 mPlace Of Worship · 108 mEducational Institution · 302 mGanges Ave Os · 342 mMedi Clinic · 346 mKim Seng Community Centre · 399 mSingapore General Hospital · 753 mBusiness Park · 899 m

Competing premises nearby

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

Fassler Gourmet Pte Ltd · 497 mTiong Bahru Market · 509 mGreat World · 560 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Concorde Shopping Centre?

Key takeawayACRA records 348 live company registrations at this address, 101 of them in the last three years.
Live registrations
348
Registered last 3 years
101
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.

10

What is Concorde Shopping Centre's BCA building profile?

BCA building type
Hotel
Green Mark
GoldPlus (2018)
Energy use intensity
216 kWh/m²·yr
11

Frequently asked questions about Concorde Shopping Centre

Where is Concorde Shopping Centre?

Concorde Shopping Centre is at 317 Outram Road, Singapore 169075, in the Bukit Merah planning area.

What is Concorde Shopping Centre zoned as?

Concorde Shopping Centre sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 3.8.

What is the tenure of Concorde Shopping Centre?

Concorde Shopping Centre is leasehold. About 53 years remain on the lease.

What have units at Concorde Shopping Centre sold for?

Across 185 recorded transactions, the median price is S$979 psf. The latest was in June 2026.

What is the nearest MRT station to Concorde Shopping Centre?

Havelock MRT is the closest, 81 m away (about a 1-minute walk).

How many businesses are registered at Concorde Shopping Centre?

348 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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