Merchant Square
Merchant Square is a commercial building in District 1 · River Valley, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 66 years remaining. 1 transaction is on record since 1995, most recently in Jan 2011. ACRA records 2 live company registrations at this address.
What are the key facts about Merchant Square?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 1 · River Valley
- Address
- 51,2 Merchant Road/Fisher Street
- Land area
- 2,571 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 2
About Merchant Square
Merchant Square is a commercial building in River Valley (District 01). It is located along Merchant Road/Fisher Street, Singapore 058283.
Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.
The site is leasehold, with about 66 years remaining on the lease. It occupies roughly 2,571 sqm of land with about 6,627 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$2,349 psf. The most recent was in January 2011.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Clarke Quay MRT, 345 m away (about a 5-minute walk). The closest bus stop (Ctrl Sq) is 115 m away (about a 2-minute walk). Clarke Quay Central is 342 m away (about a 5-minute walk).
What is Merchant Square zoned as?
- Land-use zone
- COMMERCIAL
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Merchant Square sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2011 | Office | S$65.00M | 27,669 sqft | $2,349 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near Merchant Square?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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 band | 25th pct | Median | 75th 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.
What is near Merchant Square?
Getting around
- Clarke Quay MRT345 m · ~5 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Merchant Square?
- Live registrations
- 2
- Registered last 3 years
- 0
- Most common type
- Sole Proprietorship/ Partnership
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 Square
Where is Merchant Square?⌄
Merchant Square is at 51,2 Merchant Road/Fisher Street, Singapore 058283, in the River Valley planning area.
What is Merchant Square zoned as?⌄
Merchant Square sits on land zoned commercial under the URA Master Plan.
What is the tenure of Merchant Square?⌄
Merchant Square is leasehold. About 66 years remain on the lease.
What have units at Merchant Square sold for?⌄
Across 1 recorded transaction, the median price is S$2,349 psf. The latest was in January 2011.
What is the nearest MRT station to Merchant Square?⌄
Clarke Quay MRT is the closest, 345 m away (about a 5-minute walk).
How many businesses are registered at Merchant Square?⌄
2 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.
The facts are here — now get the verdict on Merchant Square.
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.