Heritage Place
Heritage Place is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 4.2. It is 999-year leasehold. 24 transactions are on record since 1995, most recently in Dec 2025. 1 unit is currently listed for rent. ACRA records 904 live company registrations at this address.
What are the key facts about Heritage Place?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 4.2
- Tenure
- 999-year leasehold
- District / Area
- District 7 · Downtown Core
- Address
- 21 Tan Quee Lan Street
- Land area
- 1,039 sqm
- Transactions on record
- 24 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 904
About Heritage Place
Heritage Place is a mixed-use building in Downtown Core (District 07). It is located along Tan Quee Lan Street, Singapore 188108.
Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 4.2. 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 999-year leasehold, with about 800 years remaining on the lease. It occupies roughly 1,039 sqm of land with about 4,363 sqm of gross floor area.
24 transactions have been recorded here, at a median of S$1,260 psf. The most recent was in December 2025.
904 businesses are currently registered at this address with ACRA.
The nearest MRT is Bugis MRT, 225 m away (about a 4-minute walk). The closest bus stop (Bugis Stn Exit D) is 108 m away (about a 2-minute walk).
What is Heritage Place zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 4.2
- Conservation area
- Beach Road
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
What has Heritage Place sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2025 | Retail | S$14.00M | 3,025 sqft | $4,629 |
| Jan 2023 | Office | S$2.05M | 872 sqft | $2,351 |
| Oct 2016 | Retail | S$9.18M | 3,025 sqft | $3,035 |
| Jun 2016 | Office | S$1.40M | 807 sqft | $1,734 |
| Apr 2012 | Office | S$1.34M | 872 sqft | $1,542 |
| May 2011 | Office | S$1.20M | 807 sqft | $1,480 |
| Mar 2007 | Office | S$785k | 807 sqft | $972 |
| Dec 2006 | Office | S$780k | 915 sqft | $853 |
| May 2005 | Retail | S$1.17M | 990 sqft | $1,176 |
| Aug 2003 | Office | S$675k | 807 sqft | $836 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Tan Quee Lan Street price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Heritage Place?
Indicative area yield — District 7 retail
An INDICATIVE AREA yield for District 7 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 7 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $65.63 | $77.77 | $101.79 |
| B1 & Below · 30 & Below | $58.19 | $114.29 | $345.38 |
| Level 4 & Above · 30 & Below | $85.23 | $111.50 | $131.58 |
| Level 1 · 30 & Below | $86.33 | $95.24 | $110.00 |
| Level 4 & Above · >30 - 100 | $59.29 | $108.48 | $136.75 |
| Level 1 · >30 - 100 | $93.54 | $118.89 | $225.20 |
| Level 2 & 3 · >30 - 100 | $65.50 | $89.70 | $119.75 |
| B1 & Below · >30 - 100 | $69.36 | $86.33 | $409.96 |
Office rents — Central Area ($ 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 available at Heritage Place right now?
For rent (1)
- Heritage Place2 agentsS$6k/mo · 872 sqft
What is near Heritage Place?
Getting around
- Bugis MRT225 m · ~4 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 Place?
- Live registrations
- 904
- Registered last 3 years
- 285
- 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.
What is Heritage Place's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 371 kWh/m²·yr
Frequently asked questions about Heritage Place
Where is Heritage Place?⌄
Heritage Place is at 21 Tan Quee Lan Street, Singapore 188108, in the Downtown Core planning area.
What is Heritage Place zoned as?⌄
Heritage Place sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of Heritage Place?⌄
Heritage Place is 999-year leasehold. About 800 years remain on the lease.
Is Heritage Place a conserved property?⌄
Yes. Heritage Place falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Heritage Place sold for?⌄
Across 24 recorded transactions, the median price is S$1,260 psf. The latest was in December 2025.
What is the nearest MRT station to Heritage Place?⌄
Bugis MRT is the closest, 225 m away (about a 4-minute walk).
How many businesses are registered at Heritage Place?⌄
904 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 Place.
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.
This development is also registered as the residential project Heritage Place.