Merchant&Apos;s Building
Merchant&Apos;s Building is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan. ACRA records 0 live company registrations at this address.
What are the key facts about Merchant&Apos;s Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Not on record
- District / Area
- District 1 · Singapore River
- 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.
About Merchant&Apos;s Building
Merchant&Apos;S Building is a commercial building in Singapore River (District 01). It is located along South Bridge Road.
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 nearest MRT is Clarke Quay MRT, 241 m away (about a 4-minute walk). The closest bus stop (Boat Quay) is 34 m away (about a 0-minute walk). Clarke Quay Central is 269 m away (about a 4-minute walk).
What is Merchant&Apos;s Building zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Boat Quay
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What does space at Merchant&Apos;s Building rent for?
Office space on South Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +2.4% on a year earlier
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 South Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -27.6% on a year earlier
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 1 retail
Region band · 2026Q3S$ 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 1 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 Merchant&Apos;s Building
- Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
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.
What's been approved at Merchant&Apos;s Building?
No new bars, pubs, nightclubs or karaoke lounges (a Historic Conservation Area).
Per URA's Use of Buildings in Conservation Areas. A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.
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$54.50 per unit).
How does South Bridge Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Merchant&Apos;s Building?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $82.69 | $99.35 | $120.39 |
| Level 1 · 30 & Below | $172.73 | $245.52 | $332.57 |
| B1 & Below · 30 & Below | $87.33 | $172.91 | $321.72 |
| Level 2 & 3 · >30 - 100 | $77.43 | $95.09 | $183.52 |
| Level 1 · >30 - 100 | $106.77 | $168.33 | $217.05 |
| B1 & Below · >30 - 100 | $117.40 | $198.29 | $365.38 |
| Level 1 · >100 - 300 | $115.69 | $148.57 | $187.43 |
| B1 & Below · >100 - 300 | $148.73 | $233.33 | $396.56 |
Office rents — Central Area ($ 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 Merchant&Apos;s Building?
Getting around
- Clarke Quay MRT241 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Merchant&Apos;s Building
nearest MRT/LRT Clarke Quay (NE5) 241 m, about 31,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 13, about 23,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 11,000 residents within 1 km (June 2026); 12 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
- Clarke Quay (NE5)241 m · about 31,000 weekday taps
- Raffles Place (EW14 / NS26)421 m · about 133,000 weekday taps
- Chinatown (NE4 / DT19)472 m · about 97,000 weekday taps
- Telok Ayer (DT18)523 m · about 37,000 weekday taps
- Fort Canning (DT20)735 m · about 14,000 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 Merchant&Apos;s Building. Transfers between lines don't tap, so interchanges read low.
Bus
13 bus stops within 400 m, with about 23,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Hongkong St - Carpenter St) (URA)59 m
- Lor Telok (URA)72 mS$1.20 per half-hour at midday on a weekday · 21 car lots
- Backlane (North Canal Rd - Circular Rd) (URA)84 m
- Carpenter St Off St (URA)110 mS$1.50 per half-hour at midday on a weekday · 69 car lots
- Carpenter St (URA)113 mS$1.20 per half-hour at midday on a weekday · 35 car lots
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.0 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Merchant&Apos;s Building's own car park, if it has one, and its charges are not in the open data.
How many companies are registered at Merchant&Apos;s Building?
- 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.
Frequently asked questions about Merchant&Apos;s Building
Where is Merchant&Apos;S Building?⌄
Merchant&Apos;S Building is at South Bridge Road, in the Singapore River planning area.
What is Merchant&Apos;S Building zoned as?⌄
Merchant&Apos;S Building sits on land zoned commercial under the URA Master Plan.
Is Merchant&Apos;S Building a conserved property?⌄
Yes. Merchant&Apos;S Building falls within a URA conservation area, so external works are subject to conservation guidelines.
Have there been any recorded transactions at Merchant&Apos;S Building?⌄
No caveats have been lodged for Merchant&Apos;S 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 Merchant&Apos;S Building?⌄
Clarke Quay MRT is the closest, 241 m away (about a 4-minute walk).
The facts are here — now get the verdict on Merchant&Apos;s Building.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.