CommercialCOMMERCIALDistrict 2 · Bukit Merah

Inchcape Marketing Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Inchcape Marketing Building is a commercial building in District 2 · Bukit Merah, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.4. ACRA records 0 live company registrations at this address.

1

What are the key facts about Inchcape Marketing Building?

Key takeawayInchcape Marketing Building is a commercial building in District 2 · Bukit Merah, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.4
Tenure
Not on record
District / Area
District 2 · Bukit Merah
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

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.

2

About Inchcape Marketing Building

Inchcape Marketing Building is a commercial building in Bukit Merah (District 02). It is located along Keppel Road.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.4.

The nearest MRT is Cantonment MRT, 462 m away (about a 7-minute walk). The closest bus stop (Bef Cantonment Rd) is 70 m away (about a 1-minute walk). 100 Am is 319 m away (about a 5-minute walk).

3

What is Inchcape Marketing Building zoned as?

Key takeawayInchcape Marketing Building sits on land zoned COMMERCIAL with a gross plot ratio of 4.4.
Land-use zone
COMMERCIAL
Gross plot ratio
4.4

Run the full zoning report for this building →

4

What does space at Inchcape Marketing Building rent for?

Key takeawayNo rent is published for Inchcape Marketing Building itself. On its street, Keppel Road, retail space rented at a median of $3.00 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Keppel Road

Street level · 2026Q3
25th pct
—
— psm
Median
$3.00
$32.29 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +5.8% on a year earlier

2022Q3 · $33.70 psm2026Q3 · $32.29 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).

Office space on Keppel Road

Street level · 2026Q3
25th pct
$3.24
$34.85 psm
Median
$3.29
$35.41 psm
75th pct
$4.72
$50.80 psm

S$ per sq ft per month · median -9% on a year earlier

2023Q4 · $35.89 psm2026Q3 · $35.41 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 — District 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 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 2 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).

5

Market context around Inchcape Marketing Building

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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.

6

What do commercial rents run near Inchcape Marketing Building?

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

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 sales

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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

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 near Inchcape Marketing Building?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 620 m away.

Getting around

Amenities nearby

Bef Cantonment Rd · 70 mHotel · 71 mCitymed Health Associates · 139 mEducational Institution · 215 mNTUC Fairprice Co-operative Ltd · 319 m100 Am · 319 mTanjong Pagar Community Club · 320 mPlace Of Worship · 415 mBlk 6 Tanjong Pagar Plaza · 428 mTras Link Pk · 454 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Inchcape Marketing Building

Key takeawayThe nearest station is Cantonment (CC31), 302 m away — a quiet station, with 3,987 taps in and out on an average weekday. 9 public car parks are within 500 m.
Foot traffic: busier than 34% of retail buildings

nearest MRT/LRT Cantonment (CC31) 302 m, about 3,987 taps a weekday; 4 more stations within 1 km; bus stops within 400 m: 11, about 10,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 15,000 residents within 1 km (June 2026); 2 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Stations within 1 km

  • Cantonment (CC31)302 m · 3,987 weekday taps
  • Prince Edward Road (CC32)489 m · 3,673 weekday taps
  • Tanjong Pagar (EW15)532 m · about 85,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)653 m · about 78,000 weekday taps
  • Maxwell (TE18)789 m · about 23,000 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 Inchcape Marketing Building. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 10,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Yan Kit Rd - Cantonmen T Rd Off St (URA)140 m
    S$1.20 per half-hour at midday on a weekday · 15 car lots
  • Keppel Rd Off St (URA)179 m
    S$1.20 per half-hour at midday on a weekday · 99 car lots
  • Blk 10 Cantonment Close (HDB)253 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 962 car lots
  • Blk 1/6 Tanjong Pagar Mscp (HDB)271 m
    S$1.20 per half-hour at midday on a weekday · gantry 1.8 m · 384 car lots
  • Yan Kit Rd (URA)315 m
    S$1.20 per half-hour at midday on a weekday · 11 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Blair Road-Everton Roa D Area, 591 m away, S$80/month.

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

9

How many companies are registered at Inchcape Marketing Building?

Key takeawayACRA records 0 live company registrations at this address.
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.

10

Frequently asked questions about Inchcape Marketing Building

Where is Inchcape Marketing Building?⌄

Inchcape Marketing Building is at Keppel Road, in the Bukit Merah planning area.

What is Inchcape Marketing Building zoned as?⌄

Inchcape Marketing Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.4.

Have there been any recorded transactions at Inchcape Marketing Building?⌄

No caveats have been lodged for Inchcape Marketing Building 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 Inchcape Marketing Building?⌄

Cantonment MRT is the closest, 462 m away (about a 7-minute walk).

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