CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYLeaseholdDistrict 2 · Downtown Core

Lumiere

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2021
Quick Summary

Lumiere is a commercial building in District 2 · Downtown Core, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 8.4. It is leasehold with roughly 24 years remaining. 2 transactions are on record since 1995, most recently in Jul 2021. ACRA records 16 live company registrations at this address.

1

What are the key facts about Lumiere?

Key takeawayLumiere is a commercial building in District 2 · Downtown Core, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
8.4
Tenure
Leasehold
District / Area
District 2 · Downtown Core
Address
2 Mistri Road
Land area
1,369 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
16
2

About Lumiere

Lumiere is a mixed-use building in Downtown Core (District 02). It is located along Mistri Road, Singapore 079624.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 8.4. It lies inside the Central Area.

The site is leasehold, with about 24 years remaining on the lease. It occupies roughly 1,369 sqm of land with about 11,497 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$2,106 psf. The most recent was in July 2021.

16 businesses are currently registered at this address with ACRA.

The nearest MRT is Tanjong Pagar MRT, 258 m away (about a 4-minute walk). The closest bus stop (Aft Enggor St) is 80 m away (about a 1-minute walk).

3

What is Lumiere zoned as?

Key takeawayLumiere sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 8.4, inside the Central Area.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
8.4
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Lumiere sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2021RetailS$11.70M4,209 sqft$2,780
Sept 2005OfficeS$20.50M14,326 sqft$1,431

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 Lumiere?

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

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

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 Lumiere?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 258 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

RafflesMedical (Anson Centre) · 38 mHotel · 79 mAft Enggor St · 80 mTanjong Pagar MRT Exit H · 140 mTanjong Pagar Pk · 264 mPlace Of Worship · 465 mTanjong Pagar Community Club · 537 mEducational Institution · 591 mOutram Community Hospital · 1.2 km

Competing premises nearby

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

Cold Storage Singapore (1983) Pte Ltd · 194 mIcon Village · 198 mBlk 6 Tanjong Pagar Plaza · 412 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Lumiere?

Key takeawayACRA records 16 live company registrations at this address, 9 of them in the last three years.
Live registrations
16
Registered last 3 years
9
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 Lumiere

Where is Lumiere?

Lumiere is at 2 Mistri Road, Singapore 079624, in the Downtown Core planning area.

What is Lumiere zoned as?

Lumiere sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 8.4.

What is the tenure of Lumiere?

Lumiere is leasehold. About 24 years remain on the lease.

What have units at Lumiere sold for?

Across 2 recorded transactions, the median price is S$2,106 psf. The latest was in July 2021.

What is the nearest MRT station to Lumiere?

Tanjong Pagar MRT is the closest, 258 m away (about a 4-minute walk).

How many businesses are registered at Lumiere?

16 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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