Ifpas Building
Ifpas Building is a commercial building in District 1 · Singapore River, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 29 years remaining. 1 transaction is on record since 1995, most recently in Oct 2011. ACRA records 0 live company registrations at this address.
What are the key facts about Ifpas Building?
- Asset class
- Commercial
- Land-use zone
- HOTEL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 7 Hongkong Street
- Land area
- 158 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Ifpas Building
Ifpas Building is a commercial building in Singapore River (District 01). It is located along Hongkong Street, Singapore 059650.
Under the URA Master Plan it sits on land zoned hotel 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 leasehold, with about 29 years remaining on the lease. It occupies roughly 158 sqm of land with about 663 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$3,616 psf. The most recent was in October 2011.
The nearest MRT is Clarke Quay MRT, 164 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 67 m away (about a 1-minute walk). Clarke Quay Central is 197 m away (about a 3-minute walk).
What is Ifpas Building zoned as?
- Land-use zone
- HOTEL
- Gross plot ratio
- 4.2
- Conservation area
- Upper Circular Road
- Urban design area
- Udga
- Central Area
- Yes
What has Ifpas Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2011 | Office | S$6.15M | 1,701 sqft | $3,616 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near Ifpas Building?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $86.02 | $123.08 | $167.78 |
| B1 & Below · 30 & Below | $69.95 | $306.07 | $392.13 |
| Level 1 · 30 & Below | $142.92 | $214.69 | $372.85 |
| Level 1 · >30 - 100 | $117.46 | $187.50 | $219.19 |
| B1 & Below · >30 - 100 | $116.28 | $142.89 | $228.69 |
| Level 4 & Above · >30 - 100 | $71.98 | $75.86 | $192.95 |
| Level 2 & 3 · >30 - 100 | $73.23 | $95.24 | $167.06 |
| Level 2 & 3 · >100 - 300 | $83.43 | $129.13 | $158.54 |
Office rents — Central Area ($ 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 Ifpas Building?
Getting around
- Clarke Quay MRT164 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Ifpas Building?
- Live registrations
- 0
- Registered last 3 years
- 0
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 Ifpas Building's BCA building profile?
- BCA building type
- Hotel
- Green Mark
- NA (NA)
- Energy use intensity
- 297 kWh/m²·yr
Frequently asked questions about Ifpas Building
Where is Ifpas Building?⌄
Ifpas Building is at 7 Hongkong Street, Singapore 059650, in the Singapore River planning area.
What is Ifpas Building zoned as?⌄
Ifpas Building sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of Ifpas Building?⌄
Ifpas Building is leasehold. About 29 years remain on the lease.
Is Ifpas Building a conserved property?⌄
Yes. Ifpas Building falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Ifpas Building sold for?⌄
Across 1 recorded transaction, the median price is S$3,616 psf. The latest was in October 2011.
What is the nearest MRT station to Ifpas Building?⌄
Clarke Quay MRT is the closest, 164 m away (about a 3-minute walk).
The facts are here — now get the verdict on Ifpas Building.
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.