CommercialCOMMERCIALConservationLeaseholdDistrict 1 · Singapore River

Nguang Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2013
Quick Summary

Nguang 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 leasehold with roughly 20 years remaining. 2 transactions are on record since 1995, most recently in Feb 2013. ACRA records 11 live company registrations at this address.

1

What are the key facts about Nguang Building?

Key takeawayNguang Building is a commercial building in District 1 · Singapore River, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
Leasehold
District / Area
District 1 · Singapore River
Address
34,34a,34b,34c South Bridge Road
Land area
118 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
11
2

About Nguang Building

Nguang Building is a commercial building in Singapore River (District 01). It is located along South Bridge Road, Singapore 058668.

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 leasehold, with about 20 years remaining on the lease. It occupies roughly 118 sqm of land with about 496 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$3,242 psf. The most recent was in February 2013.

11 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 220 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 118 m away (about a 2-minute walk).

3

What is Nguang Building zoned as?

Key takeawayNguang 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

Run the full zoning report for this building →

4

What has Nguang Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Feb 2013 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2013Shop HouseS$6.50M1,272 sqft$5,109
Sept 2008Shop HouseS$1.75M1,272 sqft$1,375

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.

5

How does South Bridge Road price?

Strata sales on the street (5y)
8

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.

6

What do commercial rents run near Nguang Building?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th 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 band25th pctMedian75th 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.

7

What is near Nguang Building?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 220 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 69 mBoat Quay · 118 mParliament Promenade · 172 mCosmopolitan Clinic · 176 mClarke Quay MRT Exit E · 191 mPlace Of Worship · 386 mEducational Institution · 653 mKreta Ayer Community Club · 983 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Clarke Quay Central · 232 mCold Storage Singapore (1983) Pte Ltd · 365 mHong Lim Market & Food Centre · 435 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Nguang Building?

Key takeawayACRA records 11 live company registrations at this address, 3 of them in the last three years.
Live registrations
11
Registered last 3 years
3
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.

9

Frequently asked questions about Nguang Building

Where is Nguang Building?

Nguang Building is at 34,34A,34B,34C South Bridge Road, Singapore 058668, in the Singapore River planning area.

What is Nguang Building zoned as?

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

What is the tenure of Nguang Building?

Nguang Building is leasehold. About 20 years remain on the lease.

Is Nguang Building a conserved property?

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

What have units at Nguang Building sold for?

Across 2 recorded transactions, the median price is S$3,242 psf. The latest was in February 2013.

What is the nearest MRT station to Nguang Building?

Clarke Quay MRT is the closest, 220 m away (about a 3-minute walk).

How many businesses are registered at Nguang 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.

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