CommercialCOMMERCIALConservationDistrict 8 · Rochor

Mustafa Centre

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Mustafa Centre is a commercial building in District 8 · Rochor, on land zoned COMMERCIAL under the URA Master Plan. 11 units are currently listed for sale or rent. ACRA records 1 live company registration at this address.

1

What are the key facts about Mustafa Centre?

Key takeawayMustafa Centre is a commercial building in District 8 · Rochor, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 8 · Rochor
Address
145 Syed Alwi Road
Land area
1,050 sqm
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
Listed as
Shop / Shophouse, Food & Beverage, Other Retail
Transactions on record
None recorded
Live listings
11
ACRA registrations
1

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.

2

About Mustafa Centre

Mustafa Centre is a commercial building in Rochor (District 08). It is located along Syed Alwi Road, Singapore 207704.

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.

It occupies roughly 1,050 sqm of land with about 3,149 sqm of gross floor area.

1 business is currently registered at this address with ACRA.

The nearest MRT is Farrer Park MRT, 260 m away (about a 4-minute walk). The closest bus stop (Aft Blk 672B) is 245 m away (about a 4-minute walk). City Square Mall is 237 m away (about a 4-minute walk).

3

What is Mustafa Centre zoned as?

Key takeawayMustafa Centre sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Little India
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 23,000 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 →

4

What does space at Mustafa Centre rent for?

Key takeawayNo street- or building-level rent is published here. Across District 8 retail, retail space rented at a median of $8.25 psf a month in 2026Q3, with the middle half of leases between $6.30 and $9.03. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 8 retail

Region band · 2026Q3
25th pct
$6.30
$67.76 psm
Median
$8.25
$88.77 psm
75th pct
$9.03
$97.19 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 8 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).

5

Market context around Mustafa Centre

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

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.

6

How fast units move at Mustafa Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 5 units for rent; 6 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What's been approved at Mustafa Centre?

Key takeawayURA has approved 1 change of use at Mustafa Centre since 2000, most recently in 2004. 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.
F&B and nightlife here

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.

  1. 2 Nov 2004Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations and change of use from boarding house to departmental stores and management office at the 3rd and 4th storey of an existing 4-storey building with two basements

  2. 3 Jun 2004Approved
    Change of use: boarding house → departmental stores and management office

    Proposed a/a and cu from boarding house to departmental stores and management office at the 3rd and 4th storey of an exisiting 4-storey building with 2 basements

  3. 21 Jan 2003Approved
    Additions & alterations

    Additions and alterations to the existing 4 storey shopping complex with 2 basements and with boarding house at 3rd and 4th storey

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).

8

What do commercial rents run near Mustafa Centre?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 8 retail

Gross yield (area)
3.6%
3.3% net of property tax
Rent side (median of bands)
$88.77 psm/mo
2026Q3
Price side (strata, 5y)
$2,744 psf
59 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$67.76$96.11$143.21
Level 1 · 30 & Below$76.14$92.59$171.04
B1 & Below · 30 & Below$90.68$93.21$137.37
Level 2 & 3 · >30 - 100$46.15$61.63$86.96
Level 1 · >30 - 100$73.94$90.91$97.19
B1 & Below · >30 - 100$82.17$88.77$163.62
Level 1 · >100 - 300$59.57$69.55$95.87
Level 2 & 3 · >100 - 300$43.92$47.03$64.17

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th 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.

9

What is available at Mustafa Centre right now?

Key takeaway11 units are currently listed at Mustafa Centre — 6 for sale and 5 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Mustafa CentreS$17.50M · 9,168 sqft
  • ⭐️RARE FREEHOLD F&B Shophouse @ Farrer Park⭐️FULL COMMERCIAL⭐️Near MRT2 agentsS$10.29M · 4,500 sqft
  • Syed Alwi Road2 agentsS$8.00M · 2,500 sqft
  • CHEAP! 2-sty shophouse ATTRACTIVE PRICE2 agentsS$6.80M · 2,300 sqft

For rent (5)

  • Mustafa CentreS$32k/mo · 2,200 sqft
  • Mustafa CentreS$9k/mo · 1,700 sqft
  • Syed Alwi Road2 agentsS$9k/mo · 1,061 sqft
  • Little India Shop for RentS$6k/mo · 1,560 sqft

Browse every listing at this building →

10

What is near Mustafa Centre?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 261 m away.

Getting around

Amenities nearby

Hotel · 47 mTayka Medical · 84 mPlace Of Worship · 85 mMustafa Holdings Pte Ltd · 91 mRowell Rd Os · 186 mFarrer Park MRT Exit I · 209 mCity Square Mall · 237 mAft Blk 672B · 245 mFarrer Park Hospital · 321 mBerseh Food Centre · 373 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Mustafa Centre

Key takeawayThe nearest station is Farrer Park (NE8), 208 m away — a busy station, with about 57,000 taps in and out on an average weekday. 65 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.
Foot traffic: busier than 76% of retail buildings

nearest MRT/LRT Farrer Park (NE8) 208 m, about 57,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 6, about 19,000 taps a weekday; Rochor: 31,654 resident workers (Census 2020, by workplace); about 35,000 residents within 1 km (June 2026); 1 other mall 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

  • Farrer Park (NE8)208 m · about 57,000 weekday taps
  • Jalan Besar (DT22)515 m · about 21,000 weekday taps
  • Little India (NE7 / DT12)595 m · about 55,000 weekday taps
  • Rochor (DT13)685 m · about 22,000 weekday taps
  • Lavender (EW11)899 m · about 39,000 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 Mustafa Centre. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Lembu Rd (URA)45 m
    S$0.60 per half-hour at midday on a weekday · 19 car lots
  • Backlane (Desker Rd) (URA)77 m
  • Verdun Rd (URA)114 m
    S$0.60 per half-hour at midday on a weekday · 7 car lots
  • Syed Alwi Rd (Jln Besa R - Serangoon Rd) (URA)129 m
    S$0.60 per half-hour at midday on a weekday · 44 car lots
  • Verdun Rd Off St (URA)132 m
    S$0.60 per half-hour at midday on a weekday · 18 car lots

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

12

How many companies are registered at Mustafa Centre?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
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.

13

What is Mustafa Centre's BCA building profile?

BCA building type
Retail
Green Mark
NA (NA)
Energy use intensity
732 kWh/m²·yr
14

Frequently asked questions about Mustafa Centre

Where is Mustafa Centre?⌄

Mustafa Centre is at 145 Syed Alwi Road, Singapore 207704, in the Rochor planning area.

What is Mustafa Centre zoned as?⌄

Mustafa Centre sits on land zoned commercial under the URA Master Plan.

Is Mustafa Centre a conserved property?⌄

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

Have there been any recorded transactions at Mustafa Centre?⌄

No caveats have been lodged for Mustafa Centre 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 Mustafa Centre?⌄

Farrer Park MRT is the closest, 260 m away (about a 4-minute walk).

How many businesses are registered at Mustafa Centre?⌄

1 business is 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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