Commercial350 buildingsBukit Merah · Queenstown · Outram

Commercial buildings in District 3

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

PropKaki tracks 350 commercial buildings in District 3. Most sit on COMMERCIAL land, with RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY next. Across 132 recorded transactions in the last 5 years, the median price is about S$549k (S$1,490 psf). 243 units are listed for sale and 379 for rent.

1

Which commercial buildings are in District 3?

Key Takeaway

350 buildings are tracked in District 3 — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

2

What do commercial properties in District 3 sell for?

Key Takeaway

In the last 12 months, 11 transactions in District 3 closed at a median of about S$517k (S$2,151 psf); over five years the median is S$549k across 132 deals.

Transactions (12m)

11

URA/JTC records

Transactions (5y)

132

URA/JTC records

Median price (12m)

S$517k

recent deals

Median PSF (12m)

S$2,151 psf

strata & land mix

Use typeTransactionsMedian PSF
Office83S$784 psf
Retail39S$3,219 psf
Shop House10S$6,338 psf
3

What is for sale or rent in District 3?

Key Takeaway

243 units are listed for sale and 379 for rent in District 3, one row per unit.

For sale

243

deduplicated units

For rent

379

deduplicated units

Browse rentals in District 3 · Browse sales →

4

What are the most recent commercial deals in District 3?

Key Takeaway

The latest recorded deal in District 3 closed in Jun 2026 at S$398k (Concorde Shopping Centre).

DatePropertyUsePricePSF
Jun 2026Concorde Shopping CentreRetailS$398k$1,479
Jun 2026Concorde Shopping CentreOfficeS$672k$2,151
Jan 2026Manhattan HouseOfficeS$517k$1,117
Dec 2025Queensway Shopping CentreRetailS$404k$3,410
Nov 2025Concorde Shopping CentreOfficeS$450k$2,090
Oct 2025Concorde Shopping CentreOfficeS$455k$1,626
Oct 2025Queensway Shopping CentreRetailS$1.07M$4,734
Sept 2025Alexandra CentralRetailS$850k$4,387

The latest recorded URA/JTC deals in District 3. Strata and land deals mix in one list — their PSF is not comparable.

5

What do retail rents run in District 3?

Key Takeaway

URA's contracted-rent percentiles for District 3 (2026Q2) — the benchmark an asking rent in District 3 should be weighed against.

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

$ psm/month, URA REALIS rental contracts. District 3is 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 3 zoned as?

Key Takeaway

Most tracked buildings in District 3 sit on COMMERCIAL land, followed by RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY (URA Master Plan).

COMMERCIAL · 26RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 17HOTEL · 6RESIDENTIAL · 6COMMERCIAL & RESIDENTIAL · 2BUSINESS 1 · 1
7

Frequently asked questions

Which commercial buildings are in District 3?

PropKaki tracks 350 commercial buildings in District 3, across Bukit Merah, Queenstown, Outram, including Manhattan House, Queensway Shopping Centre, Concorde Shopping Centre, Alexandra Central, Regency Suites.

What do commercial properties in District 3 sell for?

Across 132 recorded transactions in the last 5 years, the median price in District 3 is about S$549k (S$1,490 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 3 zoned as?

Of the tracked buildings in District 3, 26 sit on COMMERCIAL land, 17 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, 6 sit on HOTEL land, 6 sit on RESIDENTIAL land under the URA Master Plan.

For agents · in the PropKaki app

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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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