CommercialCOMMERCIALConservationFreeholdDistrict 1 · Outram

Lulu Hotel

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2010
Quick Summary

Lulu Hotel is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 3 transactions are on record since 1995, most recently in Apr 2010. ACRA records 1 live company registration at this address.

1

What are the key facts about Lulu Hotel?

Key takeawayLulu Hotel is a commercial building in District 1 · Outram, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 1 · Outram
Address
76,78 Smith Street
Land area
251 sqm
Transactions on record
3 (records start 1995)
Live listings
None
ACRA registrations
1
2

About Lulu Hotel

Lulu Hotel is a commercial building in Outram (District 01). It is located along Smith Street, Singapore 058971.

Under the URA Master Plan it sits on land zoned commercial. 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 freehold. It occupies roughly 251 sqm of land.

3 transactions have been recorded here, at a median of S$2,589 psf. The most recent was in April 2010.

1 business is currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 265 m away (about a 4-minute walk). The closest bus stop (New Bridge Ctr) is 57 m away (about a 1-minute walk).

3

What is Lulu Hotel zoned as?

Key takeawayLulu Hotel sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Chinatown (Kreta Ayer)
Conserved building
Yes
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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

What has Lulu Hotel sold for?

Key takeaway3 transactions are on record since 1995, most recently in Apr 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2010Shop HouseS$7.70M2,704 sqft$2,848
Jul 2007Shop HouseS$7.00M2,704 sqft$2,589
Mar 2006Shop HouseS$4.64M2,704 sqft$1,715

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

What do commercial rents run near Lulu Hotel?

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 Lulu Hotel?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 265 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

RafflesMedical (MBFC) · 9 mNew Bridge Ctr · 57 mChinatown MRT Exit A · 107 mPlace Of Worship · 192 mKreta Ayer Community Club · 217 mDuxton Plain Pk · 287 mHotel · 336 mOutram Polyclinic · 652 mEducational Institution · 657 mSingapore General Hospital · 782 m

Competing premises nearby

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

Chinatown Complex Market & Hawker Centre · 102 mWan Siew Yoong · 152 mChinatown Point · 278 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Lulu Hotel?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
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.

8

Frequently asked questions about Lulu Hotel

Where is Lulu Hotel?

Lulu Hotel is at 76,78 Smith Street, Singapore 058971, in the Outram planning area.

What is Lulu Hotel zoned as?

Lulu Hotel sits on land zoned commercial under the URA Master Plan.

What is the tenure of Lulu Hotel?

Lulu Hotel is freehold.

Is Lulu Hotel a conserved property?

Yes. Lulu Hotel falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Lulu Hotel sold for?

Across 3 recorded transactions, the median price is S$2,589 psf. The latest was in April 2010.

What is the nearest MRT station to Lulu Hotel?

Chinatown MRT is the closest, 265 m away (about a 4-minute walk).

How many businesses are registered at Lulu Hotel?

1 business is 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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