Commercial437 buildingsOutram · Bukit Merah · Downtown Core

Commercial buildings in District 2

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

PropKaki tracks 437 commercial buildings in District 2. Most sit on COMMERCIAL land, with RESIDENTIAL next. Across 169 recorded transactions in the last 5 years, the median price is about S$1.75M (S$2,428 psf). 399 units are listed for sale and 1,071 for rent.

1

Which commercial buildings are in District 2?

Key Takeaway

437 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, 28 transactions in District 2 closed at a median of about S$1.33M (S$2,611 psf); over five years the median is S$1.75M across 169 deals.

Transactions (12m)

28

URA/JTC records

Transactions (5y)

169

URA/JTC records

Median price (12m)

S$1.33M

recent deals

Median PSF (12m)

S$2,611 psf

strata & land mix

Use typeTransactionsMedian PSF
Office117S$2,052 psf
Shop House38S$8,041 psf
Retail14S$2,752 psf
3

What is for sale or rent in District 2?

Key Takeaway

399 units are listed for sale and 1,071 for rent in District 2, one row per unit.

For sale

399

deduplicated units

For rent

1,071

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 Oct 2026 at S$915k (International Plaza).

DatePropertyUsePricePSF
Oct 2026International PlazaOfficeS$915k$1,932
Oct 2026Eon ShentonOfficeS$3.98M$2,340
Sept 2026Tanjong Pagar Conservation AreaShop HouseS$5.80M$7,632
Sept 2026International PlazaOfficeS$880k$1,901
Sept 2026Eon ShentonRetailS$607k$3,523
Sept 2026Ps100RetailS$1.25M$2,639
Sept 2026International PlazaOfficeS$960k$2,027
Aug 2026International PlazaOfficeS$1.75M$1,869

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 (2026Q3) — the benchmark an asking rent in District 2 should be weighed against.

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

$ 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 437 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 169 recorded transactions in the last 5 years, the median price in District 2 is about S$1.75M (S$2,428 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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