Funan The It Mall
Funan The It Mall is a commercial building in District 6 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 7.0. It is leasehold with roughly 52 years remaining. 1 transaction is on record since 1995, most recently in Nov 2001. 6 units are currently listed for rent. ACRA records 183 live company registrations at this address.
What are the key facts about Funan The It Mall?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 7.0
- Tenure
- Leasehold
- District / Area
- District 6 · Downtown Core
- Address
- 109 North Bridge Road
- Land area
- 9,983 sqm
- Completed
- Not on record
- Storeys
- 12 (© OpenStreetMap contributors)
- Strata units (MCST)
- 29
- Managing agent
- CAPITALAND RETAIL MANAGEMENT PTE. LTD.
- Strata formed
- 2020
- Owner
- CapitaLand Integrated Commercial Trust (SGX filings)
- Car-park lots
- 404 (the owner's annual report (as filed on SGX))
- Submarket
- City Hall / Bugis
- Listed as
- Office, Other Retail, Shop / Shophouse
- Transactions on record
- 1 (records start 1995)
- Live listings
- 6
- ACRA registrations
- 183
Who owns Funan The It Mall, and what is it valued at?
- Committed occupancy
- 97.8% (as of 31 Dec 2025)
- Tenants
- 200
- Car-park lots
- 404
- Land tenure
- Leasehold tenure of 99 years with effect from 12 December 1979
- Green Mark
- BCA Green Mark GoldPLUS; BCA Universal Design Mark GoldPLUS
- Major tenants
- Adidas Singapore Pte Ltd, Department Of Statistics, WeWork Singapore Pte. Ltd.
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Funan The It Mall
Funan The It Mall is a commercial building in Downtown Core (District 06). It is located along North Bridge Road, Singapore 179097.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 7. It lies inside the Central Area.
The site is leasehold, with about 52 years remaining on the lease. It occupies roughly 9,983 sqm of land with about 82,630 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$727 psf. The most recent was in November 2001.
192 businesses are currently registered at this address with ACRA.
The nearest MRT is City Hall MRT, 365 m away (about a 6-minute walk). The closest bus stop (Opp The Treasury) is 93 m away (about a 1-minute walk).
What is Funan The It Mall zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 7.0
- Urban design area
- Udga
- Central Area
- Yes
What has Funan The It Mall sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 2001 | Retail | S$191.00M | 262,855 sqft | $727 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Funan The It Mall rent for?
Retail space on North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -6.6% on a year earlier
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).
Office space on North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +2.5% on a year earlier
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 — District 6 retail
Region band · 2026Q3S$ 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 6 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 Funan The It Mall
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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 Funan The It Mall
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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 Funan The It Mall?
- 27 Sept 2022ApprovedFloor 7Change of use: office → childcare centre
Proposed change of use of units #07-XX to #07-XX from office to childcare centre and unit #07-XX from auditorium to childcare on lot 00398t ts 10 at 109 north bridge road - funan (downtown core planning area)
- 19 Jul 2019ApprovedFloor 7Change of use: office → childcare centre, unit #07-xx from office to commercial school
Proposed change of use of units #07-XX, #07-XX, #07-XX & #07-XX from office to childcare centre, unit #07-XX from office to commercial school and units #07-XX & #07-XX from office to auditorium at funan
- 7 Jun 2019ApprovedFloor 1Change of use: shop → restaurant with ancillary bar & live music
Proposed change of use of unit #01-XX from shop to restaurant with ancillary bar & live music at funan
- 28 May 2019ApprovedFloor 2Change of use: shop → shop & commercial school
Proposed change of use of unit #02-XX from shop to shop & commercial school at funan
- 28 May 2019ApprovedFloor 2Change of use: restaurant → shop
Proposed change of use of unit #02-XX from restaurant to shop at funan
- 28 May 2019ApprovedFloor B1Change of use: shop → massage establishment
Proposed change of use of unit #B1-XX from shop to massage establishment
- 28 May 2019ApprovedFloor 4Change of use: shop → amusement centre
Proposed change of use of unit #04-XX from shop to amusement centre at funan
- 27 May 2019ApprovedFloor B1Change of use: shop → betting outlet
Proposed change of use of unit #B1-XX from shop to betting outlet
- 27 May 2019ApprovedFloor B1Change of use: shop → supermarket
Proposed change of use of unit #B1-XX from shop to supermarket at funan
- 27 May 2019ApprovedFloor 3Change of use: shop → shop with ancillary cafe
Proposed change of use of unit #03-XX from shop to shop with ancillary cafe at funan
- 9 Feb 2015Agency worksFloor 5Change of use to office or commercial school
Lodgment for proposed use of unit #05-XX as office or commercial school at 109 north bridge road - funan centre
- 2 Feb 2015ApprovedFloor 4Change of use to restaurant
Proposed change of use of shop unit #04-XX to restaurant at 109 north bridge road – funan
27 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$54.50 per unit).
How does North Bridge Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Funan The It Mall?
Indicative area yield — District 6 retail
An INDICATIVE AREA yield for District 6 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 6 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| B1 & Below · 30 & Below | $90.91 | $119.62 | $286.43 |
| Level 1 · 30 & Below | $81.61 | $93.33 | $107.01 |
| Level 4 & Above · 30 & Below | $80.57 | $83.33 | $94.29 |
| Level 2 & 3 · 30 & Below | $76.01 | $92.73 | $109.89 |
| Level 4 & Above · >30 - 100 | $67.39 | $75.36 | $96.63 |
| B1 & Below · >30 - 100 | $144.93 | $225.01 | $270.37 |
| Level 2 & 3 · >30 - 100 | $66.18 | $87.34 | $123.84 |
| Level 1 · >30 - 100 | $128.26 | $130.89 | $160.15 |
Office rents — Central Area ($ 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 Funan The It Mall right now?
For rent (6)
- Funan The It Mall2 agentsS$120k/mo · 10,947 sqft
- Funan The It MallS$188k/mo · 17,072 sqft
- Funan The It MallS$8k/mo · 710 sqft
- 109 North Bridge Road, 179097S$8k/mo · 1,087 sqft
What is near Funan The It Mall?
Getting around
- City Hall MRT365 m · ~6 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Funan The It Mall
nearest MRT/LRT City Hall (NS25/EW13) 321 m, about 91,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 15, about 31,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 5,783 residents within 1 km (June 2026); 13 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
- City Hall (NS25 / EW13)321 m · about 91,000 weekday taps
- Clarke Quay (NE5)357 m · about 31,000 weekday taps
- Bras Basah (CC2)550 m · about 10,000 weekday taps
- Esplanade (CC3)627 m · about 15,000 weekday taps
- Fort Canning (DT20)630 m · about 14,000 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 Funan The It Mall. Transfers between lines don't tap, so interchanges read low.
Bus
15 bus stops within 400 m, with about 31,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Funan Mall (development car park)41 mrates not published as open data
- National Gallery (development car park)226 mrates not published as open data
- Upp Circular Rd (URA)321 mS$1.20 per half-hour at midday on a weekday · 22 car lots
- Armenian St Off St (URA)327 mS$1.40 per half-hour at midday on a weekday · 45 car lots
- Backlane (Carpenter - Upp Circular Rd) (URA)363 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.1 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Funan The It Mall's own car park, if it has one, and its charges are not in the open data.
Who's registered at Funan The It Mall?
- Information and communications62
- Professional, scientific and technical services50
- Financial and insurance25
- Wholesale and retail trade22
- Administrative and support services9
- Manufacturing4
- Real estate3
- Health and social services3
- Education2
- Other services1
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 Funan The It Mall
Where is Funan The It Mall?⌄
Funan The It Mall is at 109 North Bridge Road, Singapore 179097, in the Downtown Core planning area.
What is Funan The It Mall zoned as?⌄
Funan The It Mall sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 7.
What is the tenure of Funan The It Mall?⌄
Funan The It Mall is leasehold. About 52 years remain on the lease.
What have units at Funan The It Mall sold for?⌄
Across 1 recorded transaction, the median price is S$727 psf. The latest was in November 2001.
What is the nearest MRT station to Funan The It Mall?⌄
City Hall MRT is the closest, 365 m away (about a 6-minute walk).
How many businesses are registered at Funan The It Mall?⌄
192 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.
The facts are here — now get the verdict on Funan The It Mall.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.