CommercialCOMMERCIALLeaseholdDistrict 1 · Outram

Fook Hai Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 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. 118 transactions are on record since 1995, most recently in Feb 2026. 14 units are currently listed for sale or rent. ACRA records 602 live company registrations at this address.

1

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
Transactions on record
118 (records start 1995)
Live listings
14
ACRA registrations
602
2

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).

3

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 →

4

What has Fook Hai Building sold for?

Key takeawayAcross 118 recorded transactions since 1995, the median price is about S$507k, most recently in Feb 2026.
DateUsePriceAreaPSF
Feb 2026OfficeS$917k764 sqft$1,200
Aug 2025OfficeS$2.17M1,733 sqft$1,251
Apr 2024RetailS$600k334 sqft$1,798
Aug 2023RetailS$3.28M1,765 sqft$1,858
Mar 2022OfficeS$345k194 sqft$1,781
Dec 2021OfficeS$1.53M1,259 sqft$1,215
Oct 2021OfficeS$900k807 sqft$1,115
Oct 2021OfficeS$410k301 sqft$1,360
Jun 2021RetailS$1.75M1,044 sqft$1,676
Sept 2020RetailS$660k409 sqft$1,614

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.

5

How does South Bridge Road price?

Strata sales on the street (5y)
8

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.

6

What do commercial rents run near Fook Hai Building?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

7

What is available at Fook Hai Building right now?

Key takeaway14 units are currently listed at Fook Hai Building6 for sale and 8 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Fook Hai Building2 agentsS$1.30M · 808 sqft
  • Fook Hai Building2 agentsS$2.40M · 1,593 sqft
  • Fook Hai Building2 agentsS$100.00M · 8,956 sqft
  • Fook Hai BuildingS$100.00M · 3,050 sqft

For rent (8)

  • Fook Hai BuildingS$6k/mo · 689 sqft
  • Fook Hai Building2 agentsS$3k/mo · 108 sqft
  • Fook Hai Building6 agentsS$8k/mo · 1,593 sqft
  • Fook Hai Restaurant TakeoverS$7k/mo · 700 sqft

Browse every listing at this building →

8

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

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.

9

How many companies are registered at Fook Hai Building?

Key takeawayACRA records 602 live company registrations at this address, 194 of them in the last three years.
Live registrations
602
Registered last 3 years
194
Most common type
Local Company

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.

10

What is Fook Hai Building's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
187 kWh/m²·yr
11

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.

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