CommercialCOMMERCIALConservationFreeholdDistrict 1 · Singapore River

Mmi Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2022

Quick Summary

Mmi Building is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is freehold. 1 transaction is on record since 1995, most recently in Jul 2022. ACRA records 0 live company registrations at this address.

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

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What are the key facts about Mmi Building?

Key takeawayMmi Building is a commercial building in District 1 · Singapore River, zoned COMMERCIAL, held freehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 4.2
Tenure: Freehold
District / Area: District 1 · Singapore River
Address: 70,72 South Bridge Road
Land area: 97 sqm
Completed: Not on record
Storeys: 6 (© OpenStreetMap contributors)
Submarket: City Fringe
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 0

About Mmi Building

Mmi Building is a commercial building in Singapore River (District 01). It is located along South Bridge Road, Singapore 058702.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. 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 97 sqm of land with about 994 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$16,774 psf. The most recent was in July 2022.

The nearest MRT is Clarke Quay MRT, 212 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 34 m away (about a 0-minute walk). Clarke Quay Central is 250 m away (about a 4-minute walk).

What is Mmi Building zoned as?

Key takeawayMmi Building sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 4.2
Conservation area: Upper Circular Road
Urban design area: Udga
Central Area: Yes

BCA-verified envelope: allowable GFA 407 sqm · built 578 sqm · headroom -171 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 has Mmi Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jul 2022 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jul 2022	Office	S$39.00M	2,325 sqft	$16,774

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. sqm ↔ sq ft converter

What does space at Mmi Building rent for?

Key takeawayNo rent is published for Mmi Building itself. On its street, South Bridge Road, office space rented at a median of $4.99 psf a month in 2026Q3, with the middle half of leases between $4.36 and $8.75. That is not this building's own rent, and never a quote for a particular unit.

Office space on South Bridge Road

Street level · 2026Q3

25th pct

$4.36

$46.94 psm

Median

$4.99

$53.74 psm

75th pct

$8.75

$94.19 psm

S$ per sq ft per month · median +2.4% on a year earlier

2023Q4 · $46.43 psm2026Q3 · $53.74 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 South Bridge Road

Street level · 2026Q3

25th pct

$4.20

$45.22 psm

Median

$4.73

$50.92 psm

75th pct

$4.99

$53.72 psm

S$ per sq ft per month · median -27.6% on a year earlier

2023Q2 · $43.57 psm2026Q3 · $50.92 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 1 retail

Region band · 2026Q3

25th pct

$8.23

$88.64 psm

Median

$10.02

$107.81 psm

75th pct

$15.92

$171.42 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 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 Mmi Building

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

CBRE, 2Q 2026

Decentralised: Vacancy 3.6%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m 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 Mmi Building?

Key takeawayURA has approved 2 changes of use at Mmi Building since 2000, most recently in 2018. 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.

12 Feb 2025Approved
Additions & alterations
Proposed additions & alteration of 6 storey commercial building with restaurants from 1st - 3rd storey, gym rooms at 4th & 5th storey and offices at 6th & attic storey on ts07 lots 00191n, 00359p at 70 & 72 south bridge road (singapore river planning area)
9 Nov 2022Refused
Additions & alterations
Proposed outline application for reconstruction and change of use to the existing 6-storey commercial building to a 6-storey hotel development with f&b and ora at 1st storey on lots 00191n, 00359p ts07 at 70 and 72 south bridge road (singapore river planning area)
23 Jan 2018Approved
Change of use to office use
Proposed change of use of the 3rd, 4th, 5th and 6th storey to office use on lot 00191n ts07 at 70 south bridge road - mmi building ii(singapore river planning area
1 Mar 2017ApprovedFloors 2, 3, 5, 6
Change of use to office
Proposed change of use of units #02-XX, #03-XX, #05-XX and #06-XX of mmi building ii to office on lot 00191n ts07 at 70 south bridge road (singapore river planning area)

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?

Strata sales on the street (5y)

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 Mmi 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 1 retail

Gross yield (area)

3.4%

3.0% net of property tax

Rent side (median of bands)

$107.81 psm/mo

2026Q3

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, 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 Mmi Building?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 212 m away.

Getting around

Clarke Quay MRT212 m · ~3 min

Amenities nearby

Hotel · 20 mBoat Quay · 34 mCosmopolitan Clinic · 106 mHong Lim Pk · 123 mClarke Quay MRT Exit A · 205 mClarke Quay Central · 250 mPlace Of Worship · 295 mHong Lim Market & Food Centre · 301 mNTUC Fairprice Co-operative Ltd · 423 mEducational Institution · 776 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Mmi Building

Key takeawayThe nearest station is Clarke Quay (NE5), 205 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 20 public car parks are within 500 m.

Foot traffic: busier than 58% of office buildings

nearest MRT/LRT Clarke Quay (NE5) 205 m, about 31,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 11, about 19,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 12,000 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

Clarke Quay (NE5)205 m · about 31,000 weekday taps
Chinatown (NE4 / DT19)410 m · about 97,000 weekday taps
Raffles Place (EW14 / NS26)456 m · about 133,000 weekday taps
Telok Ayer (DT18)484 m · about 37,000 weekday taps
Fort Canning (DT20)725 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 Mmi Building. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Backlane (North Canal Rd - Circular Rd) (URA)61 m
Hong Kong St (URA)77 m
S$1.20 per half-hour at midday on a weekday · 32 car lots
Backlane (Hongkong St - Carpenter St) (URA)79 m
Lor Telok (URA)89 m
S$1.20 per half-hour at midday on a weekday · 21 car lots
Hong Lim Park Off St (URA)95 m
S$1.20 per half-hour at midday on a weekday · 23 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. Mmi Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Mmi Building?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Mmi Building as their registered address. These are registered businesses, not who occupies the space.

Education
0
Wholesale and retail trade
0
Financial and insurance
0
Professional, scientific and technical services
0
Information and communications
0
Accommodation and food services
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 Mmi Building's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 172 kWh/m²·yr

Frequently asked questions about Mmi Building

Where is Mmi Building?⌄

Mmi Building is at 70,72 South Bridge Road, Singapore 058702, in the Singapore River planning area.

What is Mmi Building zoned as?⌄

Mmi Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of Mmi Building?⌄

Mmi Building is freehold.

Is Mmi Building a conserved property?⌄

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

What have units at Mmi Building sold for?⌄

Across 1 recorded transaction, the median price is S$16,774 psf. The latest was in July 2022.

What is the nearest MRT station to Mmi Building?⌄

Clarke Quay MRT is the closest, 212 m away (about a 3-minute walk).

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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.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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, OpenStreetMap (© OpenStreetMap contributors) — 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.