CommercialHOTELDistrict 1 · Downtown Core

Lau Pa Sat Festival Market

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Lau Pa Sat Festival Market is a commercial building in District 1 · Downtown Core, on land zoned HOTEL under the URA Master Plan. ACRA records 0 live company registrations at this address.

1

What are the key facts about Lau Pa Sat Festival Market?

Key takeawayLau Pa Sat Festival Market is a commercial building in District 1 · Downtown Core, zoned HOTEL.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
Land area
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 Lau Pa Sat Festival Market

Lau Pa Sat Festival Market is a commercial building in Downtown Core (District 01). It is located along Raffles Quay.

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

The nearest MRT is Telok Ayer MRT, 242 m away (about a 4-minute walk). The closest bus stop (80 Robinson Rd) is 68 m away (about a 1-minute walk). Republic Plaza is 364 m away (about a 6-minute walk).

3

What is Lau Pa Sat Festival Market zoned as?

Key takeawayLau Pa Sat Festival Market 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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

How does Raffles Quay price?

Strata sales on the street (5y)
1

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.

5

What do commercial rents run near Lau Pa Sat Festival Market?

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

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
Price side (strata, 5y)
$3,561 psf
90 sales

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 band25th pctMedian75th 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 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.

6

What is near Lau Pa Sat Festival Market?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 242 m away.

Getting around

Amenities nearby

Hotel · 7 mShenton Medical Group (Robinson Rd) · 39 m80 Robinson Rd · 68 mTelok Ayer MRT Exit A · 235 mAp House Pte. Ltd. · 250 mPlace Of Worship · 253 mTelok Ayer Green · 282 mRepublic Plaza · 364 mMarket Street Hawker Centre · 403 mKreta Ayer Community Club · 770 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Lau Pa Sat Festival Market?

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.

8

Frequently asked questions about Lau Pa Sat Festival Market

Where is Lau Pa Sat Festival Market?

Lau Pa Sat Festival Market is at Raffles Quay, in the Downtown Core planning area.

What is Lau Pa Sat Festival Market zoned as?

Lau Pa Sat Festival Market sits on land zoned hotel under the URA Master Plan.

Have there been any recorded transactions at Lau Pa Sat Festival Market?

No caveats have been lodged for Lau Pa Sat Festival Market 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 Lau Pa Sat Festival Market?

Telok Ayer MRT is the closest, 242 m away (about a 4-minute walk).

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