CommercialCOMMERCIALDistrict 1 · Downtown Core

Mnd Building

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Mnd Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. ACRA records 0 live company registrations at this address.

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

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What are the key facts about Mnd Building?

Key takeawayMnd Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 1 · Downtown Core
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 Mnd Building

Mnd Building is a commercial building in Downtown Core (District 01). It is located along Maxwell Road.

Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.

The nearest MRT is Maxwell MRT, 251 m away (about a 4-minute walk). The closest bus stop (Maxwell Stn Exit 2) is 202 m away (about a 3-minute walk). Cross Street Exchange is 427 m away (about a 7-minute walk).

What is Mnd Building zoned as?

Key takeawayMnd Building sits on land zoned COMMERCIAL, inside the Central Area.

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 Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 84,229 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 does space at Mnd Building rent for?

Key takeawayNo rent is published for Mnd Building itself. On its street, Maxwell Road, office space rented at a median of $3.34 psf a month in 2021Q4. That is not this building's own rent, and never a quote for a particular unit.

Office space on Maxwell Road

Street level · 2021Q4

25th pct

—

— psm

Median

$3.34

$36.00 psm

75th pct

—

— psm

S$ per sq ft per month (median only published)

2021Q2 · $50.00 psm2021Q4 · $36.00 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 — 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 Mnd Building

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

CBRE, 2Q 2026 (island-wide)

Islandwide: Vacancy 5%
Islandwide (Grade B): Rent S$8.35 psf/mth

Singapore Figures 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 Mnd Building?

Key takeawayURA has approved 1 change of use at Mnd Building since 2000, most recently in 2024. 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.

14 Oct 2024ApprovedFloor 4
Change of use: office → counselling centre
Proposed change of use of unit #04-XX from office to counselling centre at mnd complex (annexe b)
13 May 2021Approved
Additions & alterations
Proposed addition of a standalone booth at mnd complex on lot 00732c ts03 at 5 maxwell road (downtown core 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).

What do commercial rents run near Mnd 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 Mnd Building?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 251 m away.

Getting around

Maxwell MRT251 m · ~4 min

Amenities nearby

Place Of Worship · 53 mAmoy Street Food Centre · 55 mUrban Medical Centre · 87 mAnn Siang Hill Pk · 139 mMaxwell MRT Exit 2 · 176 mHotel · 184 mMaxwell Stn Exit 2 · 202 mLotte Mart Pte. Ltd. · 296 mKreta Ayer Community Club · 368 mCross Street Exchange · 427 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Mnd Building

Key takeawayThe nearest station is Maxwell (TE18), 175 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 49 public car parks are within 500 m.

Foot traffic: busier than 76% of office buildings

nearest MRT/LRT Maxwell (TE18) 175 m, about 23,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 10, about 13,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 20,000 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

Maxwell (TE18)175 m · about 23,000 weekday taps
Tanjong Pagar (EW15)248 m · about 85,000 weekday taps
Telok Ayer (DT18)359 m · about 37,000 weekday taps
Shenton Way (TE19)478 m · about 32,000 weekday taps
Chinatown (NE4 / DT19)499 m · about 97,000 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 Mnd Building. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Telok Ayer St (URA)119 m
S$1.20 per half-hour at midday on a weekday · 49 car lots
Ann Siang Rd (URA)120 m
S$1.20 per half-hour at midday on a weekday · 26 car lots
Mccallum St (URA)155 m
S$1.20 per half-hour at midday on a weekday · 11 car lots
Backlane (Mccallum St) (URA)159 m
Amoy St Off St (URA)168 m
S$1.50 per half-hour at midday on a weekday · 16 car lots

Nearest URA season parking: Blair Road-Everton Roa D Area, 1.1 km away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Mnd Building's own car park, if it has one, and its charges are not in the open data.

How many companies are registered at Mnd Building?

Key takeawayACRA records 0 live company registrations at this address.

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.

What is Mnd Building's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 138 kWh/m²·yr

Frequently asked questions about Mnd Building

Where is Mnd Building?⌄

Mnd Building is at Maxwell Road, in the Downtown Core planning area.

What is Mnd Building zoned as?⌄

Mnd Building sits on land zoned commercial under the URA Master Plan.

Have there been any recorded transactions at Mnd Building?⌄

No caveats have been lodged for Mnd 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 Mnd Building?⌄

Maxwell MRT is the closest, 251 m away (about a 4-minute walk).

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

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 URA planning decisions — 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.