CommercialCOMMERCIALConservationDistrict 1 · Outram

Far East Square

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Far East Square is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. 14 units are currently listed for rent. ACRA records 18 live company registrations at this address.

The facts are here — now get the verdict on Far East Square.

Ask PropKaki

What are the key facts about Far East Square?

Key takeawayFar East Square is a commercial building in District 1 · Outram, zoned COMMERCIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 1 · Outram
Address: 137 Amoy Street
Land area: 13,970 sqm
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Listed as: Office, Food & Beverage, Shop / Shophouse
Transactions on record: None recorded
Live listings: 14
ACRA registrations: 18

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Far East Square

Far East Square is a commercial building in Outram (District 01). It is located along Pekin Street, Singapore 049965.

Under the URA Master Plan it sits on land zoned commercial. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

It occupies roughly 13,970 sqm of land with about 34,860 sqm of gross floor area.

46 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 67 m away (about a 1-minute walk). The closest bus stop (Telok Ayer Stn Exit A) is 108 m away (about a 2-minute walk). Cross Street Exchange is 201 m away (about a 3-minute walk).

What is Far East Square zoned as?

Key takeawayFar East Square sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: Subject to Evaluation
Conservation area: China Square
Conserved building: Yes
Urban design area: Udga
Central Area: Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

What does space at Far East Square rent for?

Key takeawayNo street- or building-level rent is published here. Across District 1 retail, retail space rented at a median of $10.02 psf a month in 2026Q3, with the middle half of leases between $8.23 and $15.92. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 1 retail

Region band · 2026Q3

25th pct

$8.23

$88.64 psm

Median

$10.02

$107.81 psm

75th pct

$15.92

$171.42 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 1 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Far East Square

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Far East Square

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 14 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 3 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at Far East Square?

Key takeawayURA has approved 7 changes of use at Far East Square since 2000, most recently in 2020. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

25 Apr 2022RenewedFloor 1
Continued use as restaurant cum bar
Continued use of units #01-XX, #01-XX & #01-XX as restaurant cum bar - far east square
11 Mar 2020ApprovedFloor 1
Change of use to restaurant cum bar
Proposed change of use of units #01-XX, #01-XX & #01-XX to restaurant cum bar - far east square
5 Sept 2014ApprovedFloor 1
Change of use to restaurant
Proposed change of use of the unit #01-XX to restaurant at the far east square
29 Nov 2013Approved
Additions & alterations
Proposed additions & alterations within existing far east square to 3 nos. block of conserved shophouses and conserved museum ts04 on lot 00594k at 31 pekin street (outram planning area)
3 Apr 2013Approved
Additions & alterations
Amendment to approved additions & alterations within existing far east square to 3 nos. block of conserved shophouses and conserved museum
26 Feb 2013ApprovedFloor 1
Change of use to restaurant
Proposed change of use of shop unit #01-XX to restaurant
16 Dec 2011Approved
Additions & alterations
Proposed additions & alterations within existing far east square to 3 nos. block of conserved shophouses and conserved museum
8 Sept 2011ApprovedFloor 1
Change of use to restaurant
Proposed change of use of shop unit #01-XX to restaurant
29 Apr 2009ApprovedFloor 1
Change of use: shop → restaurant
Proposed change of use of units #01-XX to #01-XX from shop to restaurant (ura land parcel 465)
13 Jun 2008ApprovedFloor 1
Change of use: shop → restaurant
Proposed change of use of units #01-XX to #01-XX from shop to restaurant (ura land parcel 465)
3 Dec 2007ApprovedFloor 1
Change of use: nightclub → restaruant cum nightclub
Change of use of unit #01-XX from nightclub (temporary permission shall lapse on 30.10.2009) to restaruant cum nightclub

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

What do commercial rents run near Far East Square?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)

3.4%

3.0% net of property tax

Rent side (median of bands)

$107.81 psm/mo

2026Q3

Price side (strata, 5y)

$3,561 psf

90 sales

An INDICATIVE AREA yield for District 1 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 1 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$82.69	$99.35	$120.39
Level 1 · 30 & Below	$172.73	$245.52	$332.57
B1 & Below · 30 & Below	$87.33	$172.91	$321.72
Level 2 & 3 · >30 - 100	$77.43	$95.09	$183.52
Level 1 · >30 - 100	$106.77	$168.33	$217.05
B1 & Below · >30 - 100	$117.40	$198.29	$365.38
Level 1 · >100 - 300	$115.69	$148.57	$187.43
B1 & Below · >100 - 300	$148.73	$233.33	$396.56

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band	25th pct	Median	75th pct
Category 2 · 100 & Below	$54.65	$69.39	$88.80
Category 1 · 100 & Below	$103.62	$122.24	$132.43
Category 1 · >100 - 200	$116.28	$126.99	$148.35
Category 2 · >100 - 200	$65.57	$82.87	$97.63
Category 1 · >200 - 500	$114.67	$128.09	$145.77
Category 2 · >200 - 500	$64.83	$82.57	$94.73
Category 1 · >500 - 1000	$106.56	$137.78	$148.23
Category 2 · >500 - 1000	$85.04	$89.34	$109.80

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.

What is available at Far East Square right now?

Key takeaway14 units are currently listed at Far East Square. One row per unit; several agents often market the same unit.

For rent (14)

Far East SquareS$14k/mo · 1,894 sqft
Far East SquareS$4k/mo · 527 sqft
Far East SquareS$13k/mo · 1,819 sqft
Far East SquareS$20k/mo · 2,627 sqft

Browse every listing at this building →

What is near Far East Square?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 67 m away.

Getting around

Telok Ayer MRT67 m · ~1 min

Amenities nearby

Telok Ayer MRT Exit D · 38 mHotel · 61 mProvidence Medical Centre · 69 mTelok Ayer Stn Exit A · 108 mTelok Ayer Green · 157 mPlace Of Worship · 170 mCross Street Exchange · 201 mMarket Street Hawker Centre · 224 mNTUC Fairprice Co-operative Ltd · 492 mKreta Ayer Community Club · 623 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Far East Square

Key takeawayThe nearest station is Telok Ayer (DT18), 37 m away — a moderately busy station, with about 37,000 taps in and out on an average weekday. 32 public car parks are within 500 m.

Foot traffic: busier than 85% of retail buildings

nearest MRT/LRT Telok Ayer (DT18) 37 m, about 37,000 taps a weekday; 10 more stations within 1 km; bus stops within 400 m: 9, about 18,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 15,000 residents within 1 km (June 2026); 8 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Telok Ayer (DT18)37 m · about 37,000 weekday taps
Raffles Place (EW14 / NS26)281 m · about 133,000 weekday taps
Chinatown (NE4 / DT19)378 m · about 97,000 weekday taps
Maxwell (TE18)437 m · about 23,000 weekday taps
Clarke Quay (NE5)543 m · about 31,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Far East Square. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Backlane (Boon Tat St - Amoy St) (URA)103 m
Backlane (Gemmill Lane ) (URA)137 m
Boon Tat St (URA)142 m
S$1.20 per half-hour at midday on a weekday · 17 car lots
Gemmill Lane (URA)147 m
S$1.20 per half-hour at midday on a weekday · 7 car lots
Club St (URA)149 m
S$1.20 per half-hour at midday on a weekday · 27 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.4 km away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Far East Square's own car park, if it has one, and its charges are not in the open data.

Who's registered at Far East Square?

Key takeaway18 live companies (and LLPs and branches; sole proprietors are not counted) list Far East Square as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
6
Professional, scientific and technical services
4
Other services
4
Information and communications
3
Accommodation and food services
1
Wholesale and retail trade
0
Manufacturing
0
Construction
0
Transportation and storage
0
Real estate
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Far East Square

Where is Far East Square?⌄

Far East Square is at 137 Amoy Street, Singapore 049965, in the Outram planning area.

What is Far East Square zoned as?⌄

Far East Square sits on land zoned commercial under the URA Master Plan.

Is Far East Square a conserved property?⌄

Yes. Far East Square falls within a URA conservation area, so external works are subject to conservation guidelines.

Have there been any recorded transactions at Far East Square?⌄

No caveats have been lodged for Far East Square in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Far East Square?⌄

Telok Ayer MRT is the closest, 67 m away (about a 1-minute walk).

How many businesses are registered at Far East Square?⌄

46 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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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.