Commercial439 buildingsOutram · Bukit Merah · Downtown Core

Commercial buildings in District 2

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

PropKaki tracks 439 commercial buildings in District 2. Most sit on COMMERCIAL land, with RESIDENTIAL next. Across 171 recorded transactions in the last 5 years, the median price is about S$1.85M (S$2,516 psf). 422 units are listed for sale and 1,192 for rent.

1

Which commercial buildings are in District 2?

Key Takeaway

439 buildings are tracked in District 2 — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

2

What do commercial properties in District 2 sell for?

Key Takeaway

In the last 12 months, 23 transactions in District 2 closed at a median of about S$1.25M (S$2,609 psf); over five years the median is S$1.85M across 171 deals.

Transactions (12m)

23

URA/JTC records

Transactions (5y)

171

URA/JTC records

Median price (12m)

S$1.25M

recent deals

Median PSF (12m)

S$2,609 psf

strata & land mix

Use typeTransactionsMedian PSF
Office111S$2,070 psf
Shop House47S$8,221 psf
Retail13S$2,762 psf
3

What is for sale or rent in District 2?

Key Takeaway

422 units are listed for sale and 1,192 for rent in District 2, one row per unit.

For sale

422

deduplicated units

For rent

1,192

deduplicated units

Browse rentals in District 2 · Browse sales →

4

What are the most recent commercial deals in District 2?

Key Takeaway

The latest recorded deal in District 2 closed in Jul 2026 at S$1.62M (International Plaza).

DatePropertyUsePricePSF
Jul 2026International PlazaOfficeS$1.62M$1,730
Jun 2026Ps100OfficeS$1.35M$2,613
Jun 2026Bukit Pasoh Extnsn Constn AreaShop HouseS$16.00M$12,715
May 2026International PlazaOfficeS$370k$2,292
May 2026Tanjong Pagar Conservation AreaShop HouseS$5.60M$6,268
May 2026Bukit Pasoh Extnsn Constn AreaShop HouseS$22.00M$17,089
May 2026Eon ShentonRetailS$650k$4,313
Apr 2026International PlazaOfficeS$926k$1,955

The latest recorded URA/JTC deals in District 2. Strata and land deals mix in one list — their PSF is not comparable.

5

What do retail rents run in District 2?

Key Takeaway

URA's contracted-rent percentiles for District 2 (2026Q2) — the benchmark an asking rent in District 2 should be weighed against.

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

$ psm/month, URA REALIS rental contracts. District 2is where most of this area's recent deals sit — a district benchmark, not a rent for any particular unit. Retail only; office rents are dimensioned by URA location, not district.

6

What is commercial land in District 2 zoned as?

Key Takeaway

Most tracked buildings in District 2 sit on COMMERCIAL land, followed by RESIDENTIAL (URA Master Plan).

COMMERCIAL · 46RESIDENTIAL · 7HOTEL · 3COMMERCIAL & RESIDENTIAL · 2RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 2
7

Frequently asked questions

Which commercial buildings are in District 2?

PropKaki tracks 439 commercial buildings in District 2, across Outram, Bukit Merah, Downtown Core, including International Plaza, Eon Shenton, Ps100, 79 Anson Road, Springleaf Tower.

What do commercial properties in District 2 sell for?

Across 171 recorded transactions in the last 5 years, the median price in District 2 is about S$1.85M (S$2,516 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is commercial land in District 2 zoned as?

Of the tracked buildings in District 2, 46 sit on COMMERCIAL land, 7 sit on RESIDENTIAL land, 3 sit on HOTEL land, 2 sit on COMMERCIAL & RESIDENTIAL land under the URA Master Plan.

For agents · in the PropKaki app

Found the unit? Now check the asking price against the evidence.

PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.

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Is $6.50 psf a fair monthly rent for a B1 factory unit in Ubi?

Ubi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.

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