Nehsons Building
Nehsons Building is a commercial building in District 2 · Outram, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 5.0. It is leasehold with roughly 43 years remaining. 1 transaction is on record since 1995, most recently in Jun 2022. ACRA records 11 live company registrations at this address.
What are the key facts about Nehsons Building?
- Asset class
- Commercial
- Land-use zone
- HOTEL
- Gross plot ratio
- 5.0
- Tenure
- Leasehold
- District / Area
- District 2 · Outram
- Address
- 24 Peck Seah Street
- Land area
- 1,284 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 11
About Nehsons Building
Nehsons Building is a commercial building in Outram (District 02). It is located along Peck Seah Street, Singapore 079314.
Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 5. It lies inside the Central Area.
The site is leasehold, with about 43 years remaining on the lease. It occupies roughly 1,284 sqm of land with about 6,419 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$8,040 psf. The most recent was in June 2022.
11 businesses are currently registered at this address with ACRA.
The nearest MRT is Tanjong Pagar MRT, 214 m away (about a 3-minute walk). The closest bus stop (Bef Craig Rd) is 142 m away (about a 2-minute walk). Icon Village is 348 m away (about a 5-minute walk).
What is Nehsons Building zoned as?
- Land-use zone
- HOTEL
- Gross plot ratio
- 5.0
- Urban design area
- Udga
- Central Area
- Yes
What has Nehsons Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2022 | Office | S$111.10M | 13,819 sqft | $8,040 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Peck Seah Street price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Nehsons Building?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $117.18 | $135.69 | $145.64 |
| Level 4 & Above · 30 & Below | $133.48 | $175.00 | $176.97 |
| Level 2 & 3 · 30 & Below | $88.69 | $92.35 | $103.79 |
| B1 & Below · >30 - 100 | $182.74 | $186.04 | $189.76 |
| Level 1 · >30 - 100 | $92.17 | $98.21 | $149.16 |
| Level 2 & 3 · >30 - 100 | $83.42 | $86.12 | $95.80 |
| Level 1 · >100 - 300 | $32.29 | $69.32 | $110.19 |
Office rents — Central Area ($ 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 Nehsons Building?
Getting around
- Tanjong Pagar MRT214 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Nehsons Building?
- Live registrations
- 11
- Registered last 3 years
- 0
- Most common type
- Local Company
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 Nehsons Building's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 165 kWh/m²·yr
Frequently asked questions about Nehsons Building
Where is Nehsons Building?⌄
Nehsons Building is at 24 Peck Seah Street, Singapore 079314, in the Outram planning area.
What is Nehsons Building zoned as?⌄
Nehsons Building sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 5.
What is the tenure of Nehsons Building?⌄
Nehsons Building is leasehold. About 43 years remain on the lease.
What have units at Nehsons Building sold for?⌄
Across 1 recorded transaction, the median price is S$8,040 psf. The latest was in June 2022.
What is the nearest MRT station to Nehsons Building?⌄
Tanjong Pagar MRT is the closest, 214 m away (about a 3-minute walk).
How many businesses are registered at Nehsons Building?⌄
11 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 Nehsons 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.