CommercialHOTELFreeholdDistrict 7 · Rochor

Golden Wall Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2018

Quick Summary

Golden Wall Centre is a commercial building in District 7 · Rochor, on land zoned HOTEL under the URA Master Plan. It is freehold. 88 transactions are on record since 1995, at a median S$938 psf, most recently in Mar 2018. ACRA records 18 live company registrations at this address.

The facts are here — now get the verdict on Golden Wall Centre.

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What are the key facts about Golden Wall Centre?

Key takeawayGolden Wall Centre is a commercial building in District 7 · Rochor, zoned HOTEL, held freehold.

Asset class: Commercial
Land-use zone: HOTEL
Gross plot ratio: Subject to Evaluation
Tenure: Freehold
District / Area: District 7 · Rochor
Address: 89 Short Street
Land area: 2,252 sqm
Completed: Not on record
Storeys: 15 (© OpenStreetMap contributors)
Submarket: City Fringe
Units with a recorded sale: At least 57
Transactions on record: 88 (records start 1995)
Live listings: None
ACRA registrations: 18

About Golden Wall Centre

Golden Wall Centre is a commercial building in Rochor (District 07). It is located along Short Street, Singapore 188216.

Under the URA Master Plan it sits on land zoned hotel. It lies inside the Central Area.

The site is freehold. It occupies roughly 2,252 sqm of land with about 11,159 sqm of gross floor area.

88 transactions have been recorded here, at a median of S$938 psf. The most recent was in March 2018.

30 businesses are currently registered at this address with ACRA.

The nearest MRT is Rochor MRT, 147 m away (about a 2-minute walk). The closest bus stop (Bef Rochor Stn Exit B) is 100 m away (about a 2-minute walk).

What is Golden Wall Centre zoned as?

Key takeawayGolden Wall Centre sits on land zoned HOTEL, inside the Central Area.

Land-use zone: HOTEL
Gross plot ratio: Subject to Evaluation
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 has Golden Wall Centre sold for?

Key takeawayAcross 88 recorded transactions since 1995, the median price is about S$448k, most recently in Mar 2018.

Date	Use	Price	Area	PSF
Mar 2018	Retail	S$180k	65 sqft	$2,787
Oct 2017	Office	S$830k	334 sqft	$2,487
Oct 2017	Office	S$1.10M	667 sqft	$1,648
Oct 2017	Office	S$1.30M	646 sqft	$2,013
Sept 2017	Office	S$1.50M	969 sqft	$1,548
Sept 2017	Office	S$800k	398 sqft	$2,009
Nov 2015	Office	S$930k	409 sqft	$2,274
Feb 2015	Office	S$800k	334 sqft	$2,397
Jan 2015	Retail	S$628k	355 sqft	$1,768
Mar 2014	Office	S$680k	398 sqft	$1,707

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 Golden Wall Centre rent for?

Key takeawayNo street- or building-level rent is published here. Across District 7 retail, retail space rented at a median of $9.31 psf a month in 2026Q3, with the middle half of leases between $7.09 and $13.31. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 7 retail

Region band · 2026Q3

25th pct

$7.09

$76.30 psm

Median

$9.31

$100.25 psm

75th pct

$13.31

$143.24 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 7 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 Golden Wall Centre

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.

What's been approved at Golden Wall Centre?

Key takeawayURA has approved 8 changes of use at Golden Wall Centre since 2000, most recently in 2024. 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.

1 Feb 2024ApprovedFloor 1
Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant
20 Nov 2023ApprovedFloor 1
Change of use to restaurant with live entertainment
Proposed change of use of unit #01-XX and #01-XX to restaurant with live entertainment
13 Aug 2018ApprovedFloor 2
Change of use to commercial school
Proposed change of use of unit #02-XX to commercial school
20 Jun 2018Agency worksFloor 2
Change of use to commercial school
Lodgment for proposed use of unit #02-XX as commercial school
26 Jan 2018ApprovedFloor 2
Change of use to commercial school
Proposed change of use of shop unit #02-XX to commercial school
6 Jul 2017Agency worksFloor 2
Change of use to commercial school
Lodgment for proposed use of unit #02-XX as commercial school
23 Feb 2017ApprovedFloors 1, 3
Change of use to commercial school
Proposed change of use of units #01-XX and #03-XX to commercial school on lot 00622x ts12 at 89 short street (rochor planning area)
5 May 2011Approved
Additions & alterations
Amendment to approved addition/ alteration to the existing 10-storey auto spare-parts centre involving alteration to the basement and 1st storey
22 Oct 2010Approved
Additions & alterations
Prop a/a to the existing 10-sty auto spare-parts centre involving alteration to the basement, 1st, 2nd, 3rd, 4th & 8th sty on lot 00622x ts 12 at 89 short street (rochor planning area)
10 Sept 2008Approved
Additions & alterations
Addition/alteration to the existing 10-storey auto spare-parts centre involving alteration to the basement, 1st, 2nd, 3rd, 4th & 8th storey
8 Dec 2000ApprovedFloor 8
Change of use: canteen → office
Proposed change of use of unit #08-XX from canteen to office

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 Golden Wall Centre?

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

Indicative area yield — District 7 retail

Gross yield (area)

4.8%

4.3% net of property tax

Rent side (median of bands)

$100.25 psm/mo

2026Q3

Price side (strata, 5y)

$2,348 psf

241 sales

An INDICATIVE AREA yield for District 7 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 7 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$93.33	$113.33	$165.94
Level 4 & Above · 30 & Below	$69.42	$79.17	$140.05
B1 & Below · 30 & Below	$94.66	$392.16	$721.70
Level 2 & 3 · 30 & Below	$71.79	$88.95	$100.36
Level 1 · >30 - 100	$84.41	$129.03	$192.55
Level 2 & 3 · >30 - 100	$53.85	$86.57	$113.16
B1 & Below · >30 - 100	$71.03	$80.88	$146.17
Level 4 & Above · >30 - 100	$47.06	$59.43	$68.42

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 near Golden Wall Centre?

Key takeawayThe nearest MRT/LRT is Rochor MRT, about 147 m away — and 3 competing retail premisess operate nearby.

Getting around

Rochor MRT147 m · ~2 min

Amenities nearby

Hotel · 0 mEducational Institution · 42 mMalayee Dispensary · 79 mBef Rochor Stn Exit B · 100 mRochor MRT Exit A · 117 mPlace Of Worship · 171 mMount Emily Pk · 430 mRaffles Hospital · 734 m

Competing premises nearby

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

Sheng Siong Supermarket Pte Ltd · 136 mTekka Market · 271 mBugis+ · 570 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Golden Wall Centre

Key takeawayThe nearest station is Rochor (DT13), 117 m away — a moderately busy station, with about 22,000 taps in and out on an average weekday. 43 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.

Foot traffic: busier than 60% of office buildings

nearest MRT/LRT Rochor (DT13) 117 m, about 22,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 11, about 43,000 taps a weekday; Rochor: 31,654 resident workers (Census 2020, by workplace); about 21,000 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

Rochor (DT13)117 m · about 22,000 weekday taps
Little India (NE7 / DT12)299 m · about 55,000 weekday taps
Jalan Besar (DT22)442 m · about 21,000 weekday taps
Bencoolen (DT21)528 m · about 20,000 weekday taps
Bugis (EW12 / DT14)581 m · about 109,000 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 Golden Wall Centre. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 43,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 10 Selegie Road Car Park (HDB)75 m
S$1.20 per half-hour at midday on a weekday · gantry 4.5 m
Blk 8, 9 Selegie Road Car Park (HDB)92 m
no short-term parking
Dalhousie Lane (URA)141 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Short St (URA)146 m
S$1.20 per half-hour at midday on a weekday · 21 car lots
Backlane (Clive St - M Adras St) (URA)168 m

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

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

Who's registered at Golden Wall Centre?

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

Professional, scientific and technical services
4
Information and communications
4
Wholesale and retail trade
3
Accommodation and food services
3
Construction
2
Transportation and storage
1
Administrative and support services
1
Financial and insurance
0
Manufacturing
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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

Frequently asked questions about Golden Wall Centre

Where is Golden Wall Centre?⌄

Golden Wall Centre is at 89 Short Street, Singapore 188216, in the Rochor planning area.

What is Golden Wall Centre zoned as?⌄

Golden Wall Centre sits on land zoned hotel under the URA Master Plan.

What is the tenure of Golden Wall Centre?⌄

Golden Wall Centre is freehold.

What have units at Golden Wall Centre sold for?⌄

Across 88 recorded transactions, the median price is S$938 psf. The latest was in March 2018.

What is the nearest MRT station to Golden Wall Centre?⌄

Rochor MRT is the closest, 147 m away (about a 2-minute walk).

How many businesses are registered at Golden Wall Centre?⌄

30 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.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

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.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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.

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 PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, 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.