CommercialCOMMERCIALLeaseholdDistrict 7 · Rochor

Icb Enterprise House

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2020
Quick Summary

Icb Enterprise House is a commercial building in District 7 · Rochor, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 47 years remaining. 15 transactions are on record since 1995, most recently in Oct 2020. 17 units are currently listed for sale or rent. ACRA records 70 live company registrations at this address.

1

What are the key facts about Icb Enterprise House?

Key takeawayIcb Enterprise House is a commercial building in District 7 · Rochor, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
Leasehold
District / Area
District 7 · Rochor
Address
116 Middle Road
Land area
Transactions on record
15 (records start 1995)
Live listings
17
ACRA registrations
70
2

About Icb Enterprise House

Icb Enterprise House is a commercial building in Rochor (District 07). It is located along Middle Road, Singapore 188972.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. It lies inside the Central Area.

The site is leasehold, with about 47 years remaining on the lease.

15 transactions have been recorded here, at a median of S$592 psf. The most recent was in October 2020.

70 businesses are currently registered at this address with ACRA.

The nearest MRT is Bugis MRT, 277 m away (about a 4-minute walk). The closest bus stop (Aft Waterloo St) is 61 m away (about a 1-minute walk).

3

What is Icb Enterprise House zoned as?

Key takeawayIcb Enterprise House sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: built 6,421 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 →

4

What has Icb Enterprise House sold for?

Key takeawayAcross 15 recorded transactions since 1995, the median price is about S$940k, most recently in Oct 2020.
DateUsePriceAreaPSF
Oct 2020OfficeS$4.70M4,478 sqft$1,050
Dec 2014OfficeS$1.40M1,098 sqft$1,275
May 2012OfficeS$940k936 sqft$1,004
Mar 2012OfficeS$1.10M1,098 sqft$1,002
Jan 2010RetailS$5.50M6,986 sqft$787
Jul 2009RetailS$650k1,098 sqft$592
Jul 2007OfficeS$485k936 sqft$518
Jul 2007OfficeS$608k1,173 sqft$518
Jul 2007OfficeS$658k1,270 sqft$518
Oct 2005RetailS$3.08M6,986 sqft$441

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.

5

How does Middle Road price?

Key takeawayAcross 62 strata sales on Middle Road in the last 5 years, the median is $1,966 psf.
Strata sales on the street (5y)
62
Street median PSF (strata)
$1,966

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Icb Enterprise House?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)
5.0%
4.5% net of property tax
Rent side (median of bands)
$106.44 psm/mo
2026Q2
Price side (strata, 5y)
$2,353 psf
231 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, 2026Q2)

Floor level · size band25th pctMedian75th 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 band25th pctMedian75th 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.

7

What is available at Icb Enterprise House right now?

Key takeaway17 units are currently listed at Icb Enterprise House9 for sale and 8 for rent. One row per unit; several agents often market the same unit.

For sale (9)

  • ICB Enterprise House2 agentsS$1.60M · 1,173 sqft
  • ICB Enterprise House2 agentsS$5.60M · 3,380 sqft
  • ICB Enterprise House2 agentsS$3.00M · 2,087 sqft
  • ICB Enterprise HouseS$1.65M · 1,270 sqft

For rent (8)

  • ICB Enterprise House2 agentsS$18k/mo · 3,380 sqft
  • Milieu @ Middle Rd F&B Commercial Units with huge space For LeaseS$27k/mo · 1,485 sqft
  • Middle Road Prime F&B spaceS$25k/mo · 1,485 sqft
  • Bugis Ground Floor Commercial Space 武吉士黄金地段餐饮店 with Prominent Street FrontageS$25k/mo · 1,568 sqft

Browse every listing at this building →

8

What is near Icb Enterprise House?

Key takeawayThe nearest MRT/LRT is Bugis MRT, about 277 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 30 mAft Waterloo St · 61 mPlace Of Worship · 74 mEducational Institution · 180 mCorporate Medical Center · 206 mBugis MRT Exit C · 254 mRaffles Hospital · 487 m

Competing premises nearby

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

Bugis+ · 88 mAlbert Centre Market & Food Centre · 214 mCold Storage Singapore (1983) Pte Ltd · 277 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Icb Enterprise House?

Key takeawayACRA records 70 live company registrations at this address, 15 of them in the last three years.
Live registrations
70
Registered last 3 years
15
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.

10

What is Icb Enterprise House's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
70 kWh/m²·yr
11

Frequently asked questions about Icb Enterprise House

Where is Icb Enterprise House?

Icb Enterprise House is at 116 Middle Road, Singapore 188972, in the Rochor planning area.

What is Icb Enterprise House zoned as?

Icb Enterprise House sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of Icb Enterprise House?

Icb Enterprise House is leasehold. About 47 years remain on the lease.

What have units at Icb Enterprise House sold for?

Across 15 recorded transactions, the median price is S$592 psf. The latest was in October 2020.

What is the nearest MRT station to Icb Enterprise House?

Bugis MRT is the closest, 277 m away (about a 4-minute walk).

How many businesses are registered at Icb Enterprise House?

70 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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