CommercialHOTELDistrict 10 · Orchard

Hpl House

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Hpl House is a commercial building in District 10 · Orchard, on land zoned HOTEL under the URA Master Plan. ACRA records 126 live company registrations at this address.

The facts are here — now get the verdict on Hpl House.

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What are the key facts about Hpl House?

Key takeawayHpl House is a commercial building in District 10 · Orchard, zoned HOTEL.

Asset class: Commercial
Land-use zone: HOTEL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 10 · Orchard
Address: 50 Cuscaden Road
Land area: 2,065 sqm
Completed: Not on record
Storeys: Not on record
Owner: Hotel Properties (SGX filings)
Submarket: Orchard
Transactions on record: None recorded
Live listings: None
ACRA registrations: 126

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

Who owns Hpl House, and what is it valued at?

Key takeawayHpl House is owned by Hotel Properties, listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.

50 Cuscaden Road, HPL House

Valued at S$277.8 million as at 31 Dec 2025, by Edmund Tie & Company (SEA) Pte Ltd.

per Hotel Properties's SGX filing, 27 Feb 2026

Earlier: S$277 million (31 Dec 2024) · S$275 million (31 Dec 2023) · S$128 million (31 Dec 2022)

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 Hpl House

Hpl House is a commercial building in Orchard (District 10). It is located along Cuscaden Road, Singapore 249724.

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

It occupies roughly 2,065 sqm of land with about 7,132 sqm of gross floor area.

133 businesses are currently registered at this address with ACRA.

The nearest MRT is Orchard Boulevard MRT, 630 m away (about a 10-minute walk). The closest bus stop (Delfi Orchard) is 99 m away (about a 2-minute walk). Forum The Shopping Mall is 59 m away (about a 1-minute walk).

What is Hpl House zoned as?

Key takeawayHpl House 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.

BCA-verified envelope: built 7,372 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 →

What does space at Hpl House rent for?

Key takeawayNo rent is published for Hpl House itself. On its street, Cuscaden Road, office space rented at a median of $5.20 psf a month in 2026Q1, with the middle half of leases between $5.20 and $6.55. That is not this building's own rent, and never a quote for a particular unit.

Office space on Cuscaden Road

Street level · 2026Q1

25th pct

$5.20

$55.93 psm

Median

$5.20

$55.98 psm

75th pct

$6.55

$70.47 psm

S$ per sq ft per month · median +0.3% on a year earlier

2022Q1 · $58.34 psm2026Q1 · $55.98 psm median

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 on Cuscaden Road

Street level · 2025Q4

25th pct

—

— psm

Median

$18.34

$197.41 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -0.8% on a year earlier

2021Q2 · $97.56 psm2025Q4 · $197.41 psm median

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).

Retail space — District 10 retail

Region band · 2026Q3

25th pct

$10.99

$118.27 psm

Median

$15.77

$169.72 psm

75th pct

$17.07

$183.73 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 10 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 Hpl House

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Vacancy 5%
Islandwide (Grade B): Rent S$8.35 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Orchard Road: Rent S$10.18 psf/mth · Vacancy 1.8% · Planned / under construction 1.00m 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 Hpl House?

Key takeawayURA has approved 1 change of use at Hpl House since 2000, most recently in 2002. 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.

16 Jan 2023Approved
Additions & alterations
Proposed cladding design (orchard) hard rock cafe singapore entrance arch with logo (hpl house)
28 Jun 2002ApprovedFloor 1
Change of use to beauty salon cum cafe
Proposed use of unit #01-XX as beauty salon cum cafe

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 Hpl House?

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

Indicative area yield — District 10 retail

Gross yield (area)

4.2%

3.8% net of property tax

Rent side (median of bands)

$169.72 psm/mo

2026Q3

Price side (strata, 5y)

$4,533 psf

34 sales

An INDICATIVE AREA yield for District 10 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 10 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$328.53	$418.19	$451.58
Level 2 & 3 · 30 & Below	$155.00	$169.72	$183.73
Level 2 & 3 · >30 - 100	$141.55	$202.35	$215.19
Level 1 · >30 - 100	$118.27	$184.62	$215.15
Level 1 · >100 - 300	$80.00	$110.62	$158.42
Level 2 & 3 · >100 - 300	$90.05	$135.62	$146.17
Level 2 & 3 · >300	$93.68	$99.85	$147.67

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 Hpl House?

Key takeawayThe nearest MRT/LRT is Orchard Boulevard MRT, about 631 m away.

Getting around

Orchard Boulevard MRT631 m · ~10 min

Amenities nearby

Hotel · 6 mForum Medical Clinic · 51 mSupernature Pte Ltd · 59 mForum The Shopping Mall · 59 mDelfi Orchard · 99 mOrchard MRT Exit 11 · 338 mEducational Institution · 507 mMount Elizabeth Hospital · 819 mPlace Of Worship · 993 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Hpl House

Key takeawayThe nearest station is Orchard (TE14 / NS22), 338 m away — one of the busiest stations, with about 122,000 taps in and out on an average weekday. 5 public car parks are within 500 m.

Foot traffic: busier than 30% of office buildings

nearest MRT/LRT Orchard (TE14/NS22) 338 m, about 122,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 6, about 14,000 taps a weekday; Orchard: 44,871 resident workers (Census 2020, by workplace); about 16,000 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

Orchard (TE14 / NS22)338 m · about 122,000 weekday taps
Orchard Boulevard (TE13)574 m · 9,605 weekday taps
Napier (TE12)961 m · about 11,000 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 Hpl House. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Angullia Park Off St (URA)182 m
S$1.50 per half-hour at midday on a weekday · 268 car lots
Claymore Rd (URA)294 m
S$1.20 per half-hour at midday on a weekday · 4 car lots
Wheelock Place (development car park)314 m
rates not published as open data
Claymore Hill (URA)479 m
S$1.20 per half-hour at midday on a weekday · 10 car lots
ION Orchard (development car park)495 m
rates not published as open data

Nearest URA season parking: Cairnhill Rd Service R D, 1.0 km away, S$80/month.

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

Who's registered at Hpl House?

Key takeaway126 live companies (and LLPs and branches; sole proprietors are not counted) list Hpl House as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
99
Administrative and support services
9
Accommodation and food services
5
Wholesale and retail trade
4
Professional, scientific and technical services
4
Arts, entertainment and recreation
2
Real estate
2
Other services
1
Transportation and storage
0
Information and communications
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. ACRA, as of 2026-09-16.

What is Hpl House's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 269 kWh/m²·yr

Frequently asked questions about Hpl House

Where is Hpl House?⌄

Hpl House is at 50 Cuscaden Road, Singapore 249724, in the Orchard planning area.

What is Hpl House zoned as?⌄

Hpl House sits on land zoned hotel under the URA Master Plan.

Have there been any recorded transactions at Hpl House?⌄

No caveats have been lodged for Hpl House in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Hpl House?⌄

Orchard Boulevard MRT is the closest, 630 m away (about a 10-minute walk).

How many businesses are registered at Hpl House?⌄

133 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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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.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

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.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

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, the owner's SGX filings, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

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.