CommercialCOMMERCIAL & RESIDENTIALDistrict 7 · Downtown Core

Lubritrade Building

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Lubritrade Building is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. ACRA records 10 live company registrations at this address.

The facts are here — now get the verdict on Lubritrade Building.

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What are the key facts about Lubritrade Building?

Key takeawayLubritrade Building is a commercial building in District 7 · Downtown Core, zoned COMMERCIAL & RESIDENTIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 7 · Downtown Core
Address: 408 North Bridge Road
Land area: 345 sqm
Completed: Not on record
Storeys: Not on record
Submarket: City Hall / Bugis
Transactions on record: None recorded
Live listings: None
ACRA registrations: 10

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.

About Lubritrade Building

Lubritrade Building is a commercial building in Downtown Core (District 07). It is located along North Bridge Road, Singapore 188725.

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

It occupies roughly 345 sqm of land with about 1,447 sqm of gross floor area.

14 businesses are currently registered at this address with ACRA.

The nearest MRT is Esplanade MRT, 344 m away (about a 5-minute walk). The closest bus stop (Opp Natl Lib) is 20 m away (about a 0-minute walk). Chijmes is 276 m away (about a 4-minute walk).

What is Lubritrade Building zoned as?

Key takeawayLubritrade Building sits on land zoned COMMERCIAL & RESIDENTIAL, inside the Central Area.

Land-use zone: COMMERCIAL & RESIDENTIAL
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 1,827 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 Lubritrade Building rent for?

Key takeawayNo rent is published for Lubritrade Building itself. On its street, North Bridge Road, office space rented at a median of $6.39 psf a month in 2026Q3, with the middle half of leases between $5.47 and $7.74. That is not this building's own rent, and never a quote for a particular unit.

Office space on North Bridge Road

Street level · 2026Q3

25th pct

$5.47

$58.88 psm

Median

$6.39

$68.82 psm

75th pct

$7.74

$83.36 psm

S$ per sq ft per month · median +2.5% on a year earlier

2023Q4 · $64.93 psm2026Q3 · $68.82 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 North Bridge Road

Street level · 2026Q3

25th pct

$9.99

$107.51 psm

Median

$15.40

$165.73 psm

75th pct

$21.84

$235.13 psm

S$ per sq ft per month · median -6.6% on a year earlier

2023Q4 · $179.52 psm2026Q3 · $165.73 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 7 retail

Region band · 2026Q3

25th pct

$7.09

$76.30 psm

Median

$9.31

$100.25 psm

75th pct

$13.31

$143.24 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 7 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 Lubritrade Building

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

CBRE, 2Q 2026

Fringe CBD: Vacancy 7.2%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

City Hall / Marina Centre: Rent S$11.36 psf/mth · Vacancy 3.2% · Planned / under construction 0.00m sq ft
Bugis: Rent S$12.12 psf/mth · Vacancy 11.9% · Planned / under construction 0.56m 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 Lubritrade Building?

Key takeawayURA has approved 1 change of use at Lubritrade Building since 2000, most recently in 2021. 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.

7 May 2021Agency worksFloor 2
Change of use to commercial school
Lodgment for proposed use of unit #02-XX as commercial school

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).

How does North Bridge Road price?

Key takeawayAcross 160 strata sales on North Bridge Road in the last 5 years, the median is $2,269 psf.

Strata sales on the street (5y)

160

Street median PSF (strata)

$2,269

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

What do commercial rents run near Lubritrade 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 7 retail

Gross yield (area)

4.8%

4.3% net of property tax

Rent side (median of bands)

$100.25 psm/mo

2026Q3

Price side (strata, 5y)

$2,348 psf

241 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, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$93.33	$113.33	$165.94
Level 4 & Above · 30 & Below	$69.42	$79.17	$140.05
B1 & Below · 30 & Below	$94.66	$392.16	$721.70
Level 2 & 3 · 30 & Below	$71.79	$88.95	$100.36
Level 1 · >30 - 100	$84.41	$129.03	$192.55
Level 2 & 3 · >30 - 100	$53.85	$86.57	$113.16
B1 & Below · >30 - 100	$71.03	$80.88	$146.17
Level 4 & Above · >30 - 100	$47.06	$59.43	$68.42

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 Lubritrade Building?

Key takeawayThe nearest MRT/LRT is Esplanade MRT, about 344 m away.

Getting around

Esplanade MRT344 m · ~5 min

Amenities nearby

Opp Natl Lib · 20 mHotel · 37 mShalom Medical Group · 82 mPlace Of Worship · 166 mEducational Institution · 192 mChijmes · 276 mCold Storage Singapore (1983) Pte Ltd · 302 mBras Basah MRT Exit A · 324 mWar Memorial Pk · 429 mAlbert Centre Market & Food Centre · 497 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Lubritrade Building

Key takeawayThe nearest station is Bras Basah (CC2), 324 m away — a quiet station, with about 10,000 taps in and out on an average weekday. 19 public car parks are within 500 m.

Foot traffic: busier than 75% of office buildings

nearest MRT/LRT Bras Basah (CC2) 324 m, about 10,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 20, about 38,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 7,800 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

Bras Basah (CC2)324 m · about 10,000 weekday taps
Esplanade (CC3)328 m · about 15,000 weekday taps
Bugis (EW12 / DT14)401 m · about 109,000 weekday taps
City Hall (NS25 / EW13)402 m · about 91,000 weekday taps
Bencoolen (DT21)472 m · about 20,000 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 Lubritrade Building. Transfers between lines don't tap, so interchanges read low.

Bus

20 bus stops within 400 m, with about 38,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Backlane (Seah St) (URA)40 m
Blk 231 Bras Basah Basement Car Park (HDB)63 m
S$1.20 per half-hour at midday on a weekday · gantry 1.9 m · 219 car lots
Seah St (URA)90 m
S$1.20 per half-hour at midday on a weekday · 8 car lots
Purvis St (URA)109 m
S$1.20 per half-hour at midday on a weekday · 43 car lots
Backlane (Purvis St) (URA)158 m

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: Kampong Glam Area, 880 m away, S$125/month.

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

Who's registered at Lubritrade Building?

Key takeaway10 live companies (and LLPs and branches; sole proprietors are not counted) list Lubritrade Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
3
Accommodation and food services
2
Administrative and support services
1
Real estate
1
Education
1
Water supply, sewerage and waste management
1
Financial and insurance
1
Information and communications
0
Professional, scientific and technical services
0
Manufacturing
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 Lubritrade Building's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 244 kWh/m²·yr

Frequently asked questions about Lubritrade Building

Where is Lubritrade Building?⌄

Lubritrade Building is at 408 North Bridge Road, Singapore 188725, in the Downtown Core planning area.

What is Lubritrade Building zoned as?⌄

Lubritrade Building sits on land zoned commercial & residential under the URA Master Plan.

Have there been any recorded transactions at Lubritrade Building?⌄

No caveats have been lodged for Lubritrade 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 Lubritrade Building?⌄

Esplanade MRT is the closest, 344 m away (about a 5-minute walk).

How many businesses are registered at Lubritrade Building?⌄

14 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.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

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, 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.

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.