Commercial439 buildingsOutram · Bukit Merah · Downtown Core

Commercial buildings in District 2

Reviewed by Nathan TangUpdated 24 September 2026
Quick Summary

PropKaki tracks 439 commercial buildings in District 2. Most sit on COMMERCIAL land, with RESIDENTIAL next. Across 170 recorded transactions in the last 5 years, the median price is about S$1.82M (S$2,506 psf). 448 units are listed for sale and 1,219 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, 22 transactions in District 2 closed at a median of about S$1.33M (S$2,666 psf); over five years the median is S$1.82M across 170 deals.

Transactions (12m)

22

URA/JTC records

Transactions (5y)

170

URA/JTC records

Median price (12m)

S$1.33M

recent deals

Median PSF (12m)

S$2,666 psf

strata & land mix

Use typeTransactionsMedian PSF
Office114S$2,073 psf
Shop House44S$8,041 psf
Retail12S$2,752 psf
3

What is for sale or rent in District 2?

Key Takeaway

448 units are listed for sale and 1,219 for rent in District 2, one row per unit.

For sale

448

deduplicated units

For rent

1,219

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 Aug 2026 at S$5.40M (Bukit Pasoh Building).

DatePropertyUsePricePSF
Aug 2026Bukit Pasoh BuildingOfficeS$5.40M$3,135
Aug 2026SouthpointOfficeS$19.35M$3,016
Aug 2026International PlazaOfficeS$1.64M$1,749
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

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 2 is 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 170 recorded transactions in the last 5 years, the median price in District 2 is about S$1.82M (S$2,506 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.

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