CommercialCOMMERCIALLeaseholdDistrict 1 · Outram

Fook Hai Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026

Quick Summary

Fook Hai Building is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 8.7. It is leasehold with roughly 45 years remaining. 119 transactions are on record since 1995, at a median S$808 psf, most recently in Sept 2026. 19 units are currently listed for sale or rent. ACRA records 532 live company registrations at this address.

The facts are here — now get the verdict on Fook Hai Building.

Ask PropKaki

What are the key facts about Fook Hai Building?

Key takeawayFook Hai Building is a commercial building in District 1 · Outram, zoned COMMERCIAL, held leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 8.7
Tenure: Leasehold
District / Area: District 1 · Outram
Address: 150 South Bridge Road
Land area: 2,616 sqm
Completed: Not on record
Storeys: 21 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 175
Strata formed: 1977 (MCST 0373)
Submarket: City Fringe
Units with a recorded sale: At least 80
Transactions on record: 119 (records start 1995)
Live listings: 19
ACRA registrations: 532

What are the specs at Fook Hai Building?

Key takeawayThe building's specs as its sources state them — the listing agent or the management can confirm a unit's own.

Facilities: car park; Source: CommercialGuru

About Fook Hai Building

Fook Hai Building is a mixed-use building in Outram (District 01). It is located along South Bridge Road, Singapore 058727.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 8.7. It lies inside the Central Area.

The site is leasehold, with about 45 years remaining on the lease. It occupies roughly 2,616 sqm of land with about 22,757 sqm of gross floor area.

118 transactions have been recorded here, at a median of S$807 psf. The most recent was in February 2026.

602 businesses are currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 166 m away (about a 3-minute walk). The closest bus stop (Opp Hong Lim Cplx) is 57 m away (about a 1-minute walk).

What is Fook Hai Building zoned as?

Key takeawayFook Hai Building sits on land zoned COMMERCIAL with a gross plot ratio of 8.7, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 8.7
Urban design area: Udga
Central Area: Yes

BCA-verified envelope: allowable GFA 22,759 sqm · built 17,884 sqm · headroom 4,875 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

What has Fook Hai Building sold for?

Key takeawayAcross 119 recorded transactions since 1995, the median price is about S$509k, most recently in Sept 2026.

Date	Use	Price	Area	PSF
Sept 2026	Retail	S$2.06M	1,012 sqft	$2,041
Feb 2026	Office	S$917k	764 sqft	$1,200
Aug 2025	Office	S$2.17M	1,733 sqft	$1,251
Apr 2024	Retail	S$600k	334 sqft	$1,798
Aug 2023	Retail	S$3.28M	1,765 sqft	$1,858
Mar 2022	Office	S$345k	194 sqft	$1,781
Dec 2021	Office	S$1.53M	1,259 sqft	$1,215
Oct 2021	Office	S$900k	807 sqft	$1,115
Oct 2021	Office	S$410k	301 sqft	$1,360
Jun 2021	Retail	S$1.75M	1,044 sqft	$1,676

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at Fook Hai Building rent for?

Key takeawayNo rent is published for Fook Hai Building itself. On its street, South Bridge Road, office space rented at a median of $4.99 psf a month in 2026Q3, with the middle half of leases between $4.36 and $8.75. That is not this building's own rent, and never a quote for a particular unit.

Office space on South Bridge Road

Street level · 2026Q3

25th pct

$4.36

$46.94 psm

Median

$4.99

$53.74 psm

75th pct

$8.75

$94.19 psm

S$ per sq ft per month · median +2.4% on a year earlier

2023Q4 · $46.43 psm2026Q3 · $53.74 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on South Bridge Road

Street level · 2026Q3

25th pct

$4.20

$45.22 psm

Median

$4.73

$50.92 psm

75th pct

$4.99

$53.72 psm

S$ per sq ft per month · median -27.6% on a year earlier

2023Q2 · $43.57 psm2026Q3 · $50.92 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

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 Fook Hai Building

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

CBRE, 2Q 2026

Decentralised: Vacancy 3.6%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m sq ft

Singapore Office MarketBeat Q2 2026

Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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 Fook Hai Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 12 units for rent; 7 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 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 Fook Hai Building?

Key takeawayURA has approved 23 changes of use at Fook Hai Building since 2000, most recently in 2026, and refused 4. 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.

23 Jun 2026ApprovedFloor 1
Change of use to medical clinic
Proposed change of use of unit #01-XX to medical clinic
11 Dec 2025RenewedFloor 2
Continued use as karaoke lounge
Continued use of unit #02-XX as karaoke lounge
5 Dec 2025RefusedFloor B1
Change of use to karaoke lounge
Proposed change of use of unit #B1-XX to karaoke lounge
8 Sept 2025ApprovedFloor B1
Change of use to shop
Proposed change of use of unit #B1-XX to shop
8 Sept 2025ApprovedFloor B1
Change of use to karaoke lounge
Proposed change of use of unit #B1-XX to karaoke lounge
20 Jun 2025RenewedFloor 2
Continued use as karaoke lounge
Continued use of unit #02-XX as karaoke lounge
19 Jun 2025RenewedFloor B1
Continued use as karaoke lounge
Continued use of unit #B1-XX as karaoke lounge
18 Jun 2025RenewedFloor 2
Continued use as karaoke lounge
Continued use of unit #02-XX as karaoke lounge
27 May 2025RefusedFloor B1
Change of use to karaoke lounge
Proposed change of use of unit #B1-XX to karaoke lounge
23 Jan 2025RenewedFloor 2
Continued use as karaoke lounge
Continued use of unit #02-XX as karaoke lounge
23 Dec 2024RenewedFloor 1
Continued use as massage establishment
Continued use of part unit #01-XX (at mezzanine level only) as massage establishment
2 Oct 2024RefusedFloor B1
Change of use to karaoke lounge
Proposed change of use of unit #B1-XX to karaoke lounge

22 earlier change-of-use and A&A decisions are on record since 2000.

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).

How does South Bridge Road price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Fook Hai Building?

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 Fook Hai Building right now?

Key takeaway19 units are currently listed at Fook Hai Building — 7 for sale and 12 for rent. One row per unit; several agents often market the same unit.

For sale (7)

Fook Hai Building2 agentsS$100.00M · 8,956 sqft
Fook Hai BuildingS$100.00M · 3,050 sqft
Fook Hai BuildingS$100.00M · 8,156 sqft
Fook Hai BuildingS$16.00M · 3,000 sqft

For rent (12)

Fook Hai BuildingS$3k/mo · 108 sqft
Fook Hai Building2 agentsS$6k/mo · 689 sqft
Fook Hai Building2 agentsS$4k/mo · 732 sqft
Fook Hai Building5 agentsS$8k/mo · 1,593 sqft

Browse every listing at this building →

What is near Fook Hai Building?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 166 m away — and 3 competing retail premisess operate nearby.

Getting around

Chinatown MRT166 m · ~3 min

Amenities nearby

Chen Medical Associates · 18 mHotel · 40 mOpp Hong Lim Cplx · 57 mChinatown MRT Exit F · 133 mHong Lim Pk · 166 mPlace Of Worship · 209 mKreta Ayer Community Club · 565 mEducational Institution · 964 mSingapore General Hospital · 1.2 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Hong Lim Market & Food Centre · 77 mCross Street Exchange · 166 mNTUC Fairprice Co-operative Ltd · 193 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Fook Hai Building

Key takeawayThe nearest station is Chinatown (NE4 / DT19), 133 m away — one of the busiest stations, with about 97,000 taps in and out on an average weekday. 38 public car parks are within 500 m.

Foot traffic: busier than 87% of office buildings

nearest MRT/LRT Chinatown (NE4/DT19) 133 m, about 97,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 11, about 35,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 17,000 residents within 1 km (June 2026). Ranked against 485 office 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), not a count of people.

Stations within 1 km

Chinatown (NE4 / DT19)133 m · about 97,000 weekday taps
Clarke Quay (NE5)217 m · about 31,000 weekday taps
Telok Ayer (DT18)279 m · about 37,000 weekday taps
Maxwell (TE18)482 m · about 23,000 weekday taps
Raffles Place (EW14 / NS26)561 m · about 133,000 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 Fook Hai Building. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 35,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Upp Hokien St (URA)68 m
S$1.20 per half-hour at midday on a weekday · 28 car lots
Blk 533A Hong Lim Mscp (HDB)107 m
S$1.20 per half-hour at midday on a weekday · gantry 1.9 m · 583 car lots
Hong Lim Park Off St (URA)187 m
S$1.20 per half-hour at midday on a weekday · 23 car lots
Mosque St (URA)227 m
S$1.20 per half-hour at midday on a weekday · 55 car lots
Backlane (Synagogue St ) (URA)233 m

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.0 km away, S$80/month.

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

Who's registered at Fook Hai Building?

Key takeaway532 live companies (and LLPs and branches; sole proprietors are not counted) list Fook Hai Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
132
Financial and insurance
121
Professional, scientific and technical services
92
Information and communications
37
Real estate
29
Administrative and support services
26
Accommodation and food services
21
Manufacturing
19
Transportation and storage
13
Other services
12

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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

What is Fook Hai Building's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 187 kWh/m²·yr

Frequently asked questions about Fook Hai Building

Where is Fook Hai Building?⌄

Fook Hai Building is at 150 South Bridge Road, Singapore 058727, in the Outram planning area.

What is Fook Hai Building zoned as?⌄

Fook Hai Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 8.7.

What is the tenure of Fook Hai Building?⌄

Fook Hai Building is leasehold. About 45 years remain on the lease.

What have units at Fook Hai Building sold for?⌄

Across 118 recorded transactions, the median price is S$807 psf. The latest was in February 2026.

What is the nearest MRT station to Fook Hai Building?⌄

Chinatown MRT is the closest, 166 m away (about a 3-minute walk).

How many businesses are registered at Fook Hai Building?⌄

602 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.

For agents · in the PropKaki app

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This development is also registered as the residential project Fook Hai Building.

Read the figures right

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

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

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.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, CommercialGuru, OpenStreetMap (© OpenStreetMap contributors) — 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.