Heritage Court
Heritage Court is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 67 years remaining. 1 transaction is on record since 1995, most recently in May 2001. ACRA records 19 live company registrations at this address.
What are the key facts about Heritage Court?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 2 · Outram
- Address
- 48,50 Peck Seah Street
- Land area
- 232 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 19
About Heritage Court
Heritage Court is a commercial building in Outram (District 02). It is located along Peck Seah Street, Singapore 079317.
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.
The site is leasehold, with about 67 years remaining on the lease. It occupies roughly 232 sqm of land.
1 transaction has been recorded here, at a median of S$1,671 psf. The most recent was in May 2001.
19 businesses are currently registered at this address with ACRA.
The nearest MRT is Tanjong Pagar MRT, 186 m away (about a 3-minute walk). The closest bus stop (Bef Craig Rd) is 123 m away (about a 2-minute walk).
What is Heritage Court zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Chinatown (Tanjong Pagar)
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Heritage Court sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2001 | Shop House | S$4.70M | 2,813 sqft | $1,671 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Peck Seah Street price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Heritage Court?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $117.18 | $135.69 | $145.64 |
| Level 4 & Above · 30 & Below | $133.48 | $175.00 | $176.97 |
| Level 2 & 3 · 30 & Below | $88.69 | $92.35 | $103.79 |
| B1 & Below · >30 - 100 | $182.74 | $186.04 | $189.76 |
| Level 1 · >30 - 100 | $92.17 | $98.21 | $149.16 |
| Level 2 & 3 · >30 - 100 | $83.42 | $86.12 | $95.80 |
| Level 1 · >100 - 300 | $32.29 | $69.32 | $110.19 |
Office rents — Central Area ($ psm/month, 2026Q2)
| Building class · size band | 25th pct | Median | 75th 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.
What is near Heritage Court?
Getting around
- Tanjong Pagar MRT186 m · ~3 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.
How many companies are registered at Heritage Court?
- Live registrations
- 19
- Registered last 3 years
- 3
- 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.
Frequently asked questions about Heritage Court
Where is Heritage Court?⌄
Heritage Court is at 48,50 Peck Seah Street, Singapore 079317, in the Outram planning area.
What is Heritage Court zoned as?⌄
Heritage Court sits on land zoned commercial under the URA Master Plan.
What is the tenure of Heritage Court?⌄
Heritage Court is leasehold. About 67 years remain on the lease.
Is Heritage Court a conserved property?⌄
Yes. Heritage Court falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Heritage Court sold for?⌄
Across 1 recorded transaction, the median price is S$1,671 psf. The latest was in May 2001.
What is the nearest MRT station to Heritage Court?⌄
Tanjong Pagar MRT is the closest, 186 m away (about a 3-minute walk).
How many businesses are registered at Heritage Court?⌄
19 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 Heritage Court.
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.