CommercialCOMMERCIALFreeholdDistrict 9 · Orchard

Orchard Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2022

Quick Summary

Orchard Shopping Centre is a commercial building in District 9 · Orchard, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 5.6. It is freehold. 13 transactions are on record since 1995, at a median S$2,522 psf, most recently in Nov 2022. ACRA records 47 live company registrations at this address.

The facts are here — now get the verdict on Orchard Shopping Centre.

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What are the key facts about Orchard Shopping Centre?

Key takeawayOrchard Shopping Centre is a commercial building in District 9 · Orchard, zoned COMMERCIAL, held freehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 5.6
Tenure: Freehold
District / Area: District 9 · Orchard
Address: 321 Orchard Road
Land area: 1,153 sqm
Completed: Not on record
Storeys: Not on record
Strata units (MCST): 57
Managing agent: SMART PROPERTY MANAGEMENT (SINGAPORE) PTE LTD
Strata formed: 1981 (MCST 0556)
Submarket: Orchard
Units with a recorded sale: At least 9
Transactions on record: 13 (records start 1995)
Live listings: None
ACRA registrations: 47

About Orchard Shopping Centre

Orchard Shopping Centre is a commercial building in Orchard (District 09). It is located along Orchard Road, Singapore 238866.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 5.6. It lies inside the Central Area.

The site is freehold. It occupies roughly 1,153 sqm of land with about 6,457 sqm of gross floor area.

13 transactions have been recorded here, at a median of S$2,522 psf. The most recent was in November 2022.

54 businesses are currently registered at this address with ACRA.

The nearest MRT is Somerset MRT, 186 m away (about a 3-minute walk). The closest bus stop (Opp Somerset Stn) is 67 m away (about a 1-minute walk).

What is Orchard Shopping Centre zoned as?

Key takeawayOrchard Shopping Centre sits on land zoned COMMERCIAL with a gross plot ratio of 5.6, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 5.6
Urban design area: Udga
Central Area: Yes

BCA-verified envelope: allowable GFA 6,457 sqm · built 5,943 sqm · headroom 514 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 Orchard Shopping Centre sold for?

Key takeawayAcross 13 recorded transactions since 1995, the median price is about S$1.62M, most recently in Nov 2022.

Date	Use	Price	Area	PSF
Nov 2022	Office	S$3.50M	753 sqft	$4,645
Mar 2018	Office	S$1.90M	753 sqft	$2,522
Mar 2014	Office	S$3.84M	1,184 sqft	$3,242
Mar 2014	Office	S$2.58M	797 sqft	$3,242
Mar 2014	Office	S$2.13M	657 sqft	$3,242
May 2013	Office	S$1.62M	624 sqft	$2,595
Jun 2010	Retail	S$18.00M	2,239 sqft	$8,040
May 2003	Office	S$518k	624 sqft	$830
Jan 2001	Office	S$738k	753 sqft	$979
Feb 1996	Office	S$1.16M	797 sqft	$1,459

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 Orchard Shopping Centre rent for?

Key takeawayNo rent is published for Orchard Shopping Centre itself. On its street, Orchard Road, office space rented at a median of $8.30 psf a month in 2026Q3, with the middle half of leases between $6.42 and $10.56. That is not this building's own rent, and never a quote for a particular unit.

Office space on Orchard Road

Street level · 2026Q3

25th pct

$6.42

$69.10 psm

Median

$8.30

$89.36 psm

75th pct

$10.56

$113.72 psm

S$ per sq ft per month · median +7.2% on a year earlier

2023Q4 · $83.64 psm2026Q3 · $89.36 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 Orchard Road

Street level · 2026Q3

25th pct

$9.58

$103.15 psm

Median

$14.21

$152.94 psm

75th pct

$22.45

$241.70 psm

S$ per sq ft per month · median -1.5% on a year earlier

2023Q4 · $157.56 psm2026Q3 · $152.94 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 9 retail

Region band · 2026Q3

25th pct

$9.24

$99.43 psm

Median

$11.90

$128.12 psm

75th pct

$17.57

$189.09 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 9 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 Orchard Shopping Centre

Key takeawayCollective sale: Owners are working towards a collective sale (consent drive); no tender has been launched. EdgeProp Singapore A collective sale needs the owners' consent and may still fail.Brokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Prime retail (Orchard): Capital value S$8,200 psf · Net yield 4.8%
Orchard Road: Rent S$38.90 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Orchard: Rent S$36.58 psf/mth · Vacancy 7.1% (1Q 2026) · Planned / under construction 0.13m 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.

What's been approved at Orchard Shopping Centre?

Key takeawayURA has approved 25 changes of use at Orchard Shopping Centre since 2000, most recently in 2025. 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.

1 Apr 2025ApprovedFloor 5
Change of use to commercial school
Proposed change of use of units #05-XX & #05-XX to commercial school
24 Apr 2024ApprovedFloor 7
Change of use to medical clinic
Proposed change of use of units #07-XX, #07-XX, #07-XX & #07-XX to medical clinic
19 Jun 2023Agency worksFloor 6
Change of use to gym/fitness centre
Lodgment for proposed use of unit #06-XX as gym/fitness centre
8 Jun 2022Agency worksFloor 6
Change of use to gym/fitness centre
Lodgment for proposed use of unit #06-XX as gym/fitness centre
24 Aug 2021ApprovedFloor 4
Change of use to shop
Proposed change of use of unit #04-XX to shop (physiotherapy centre)
18 Aug 2021Agency worksFloor 7
Change of use to commercial school
Lodgment for proposed use of units #07-XX, #07-XX, #07-XX and #07-XX as commercial school
14 Jul 2021Agency worksFloor 2
Change of use to office
Lodgment for proposed use of units #02-XX, #02-XX, #02-XX, #02-XX, #02-XX, #02-XX, #02-XX & #02-XX as office
22 Jun 2021ApprovedFloor 9
Change of use to medical clinic
Proposed change of use of units #09-XX, #09-XX, #09-XX to medical clinic
9 Dec 2020Agency worksFloor 4
Change of use to sports & recreation building
Lodgment for proposed use of units #04-XX and #04-XX as sports & recreation building
8 Oct 2019ApprovedFloor 9
Change of use to physiotherapy services
Proposed change of use of #09-XX to physiotherapy services - orchard shopping centre
3 Sept 2019Agency worksFloor 6
Change of use to office
Lodgment for proposed use of unit #06-XX as office
8 Feb 2019ApprovedFloor 3
Change of use to medical centre
Proposed change of use of unit #03-XX to medical centre - orchard shopping centre

16 earlier change-of-use and A&A decisions are on record since 2000.

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 Orchard Road price?

Key takeawayAcross 142 strata sales on Orchard Road in the last 5 years, the median is $3,784 psf.

Strata sales on the street (5y)

142

Street median PSF (strata)

$3,784

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Orchard Shopping 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 9 retail

Gross yield (area)

3.2%

2.9% net of property tax

Rent side (median of bands)

$128.12 psm/mo

2026Q3

Price side (strata, 5y)

$4,434 psf

190 sales

An INDICATIVE AREA yield for District 9 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 9 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 4 & Above · 30 & Below	$101.79	$127.98	$144.93
B1 & Below · 30 & Below	$231.82	$392.95	$544.95
Level 2 & 3 · 30 & Below	$97.06	$128.26	$157.50
Level 1 · 30 & Below	$131.15	$157.04	$196.05
Level 1 · >30 - 100	$112.35	$161.16	$217.81
Level 2 & 3 · >30 - 100	$91.89	$118.41	$156.35
Level 4 & Above · >30 - 100	$81.28	$100.52	$133.94
B1 & Below · >30 - 100	$155.98	$328.55	$492.13

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 Orchard Shopping Centre?

Key takeawayThe nearest MRT/LRT is Somerset MRT, about 186 m away — and 2 competing retail premisess operate nearby.

Getting around

Somerset MRT186 m · ~3 min

Amenities nearby

Orchard Fountain Corner · 38 mHotel · 41 mOpp Somerset Stn · 67 mACMS Medical Clinic · 75 mSomerset MRT Exit B · 98 mPlace Of Worship · 299 mMount Elizabeth Hospital · 516 mEducational Institution · 742 mCairnhill Community Club · 998 m

Competing premises nearby

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

313@Somerset · 70 mCold Storage Singapore (1983) Pte Ltd · 156 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Orchard Shopping Centre

Key takeawayThe nearest station is Somerset (NS23), 97 m away — a busy station, with about 66,000 taps in and out on an average weekday. 20 public car parks are within 500 m; the cheapest URA season parking nearby is S$80 a month.

Foot traffic: busier than 85% of retail buildings

nearest MRT/LRT Somerset (NS23) 97 m, about 66,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 6, about 26,000 taps a weekday; Orchard: 44,871 resident workers (Census 2020, by workplace); about 19,000 residents within 1 km (June 2026); 17 other malls 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

Somerset (NS23)97 m · about 66,000 weekday taps
Orchard (TE14 / NS22)647 m · about 122,000 weekday taps
Great World (TE15)743 m · about 21,000 weekday taps
Dhoby Ghaut (NS24 / NE6 / CC1)785 m · about 64,000 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 Orchard Shopping Centre. Transfers between lines don't tap, so interchanges read low.

Bus

6 bus stops within 400 m, with about 26,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Emerald Hill Estate (URA)86 m
season S$80/month
313@Somerset (development car park)112 m
rates not published as open data
Emerald Link (URA)123 m
S$1.20 per half-hour at midday on a weekday · 4 car lots
The Heeren (development car park)134 m
rates not published as open data
Cineleisure (development car park)168 m
rates not published as open data

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

Who's registered at Orchard Shopping Centre?

Key takeaway47 live companies (and LLPs and branches; sole proprietors are not counted) list Orchard Shopping Centre as their registered address. These are registered businesses, not who occupies the space.

Health and social services
12
Other services
8
Professional, scientific and technical services
7
Financial and insurance
4
Education
4
Wholesale and retail trade
3
Administrative and support services
2
Information and communications
2
Real estate
2
Accommodation and food services
1

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 Orchard Shopping Centre's BCA building profile?

BCA building type: Retail
Green Mark: NA (NA)
Energy use intensity: 288 kWh/m²·yr

Frequently asked questions about Orchard Shopping Centre

Where is Orchard Shopping Centre?⌄

Orchard Shopping Centre is at 321 Orchard Road, Singapore 238866, in the Orchard planning area.

What is Orchard Shopping Centre zoned as?⌄

Orchard Shopping Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 5.6.

What is the tenure of Orchard Shopping Centre?⌄

Orchard Shopping Centre is freehold.

What have units at Orchard Shopping Centre sold for?⌄

Across 13 recorded transactions, the median price is S$2,522 psf. The latest was in November 2022.

What is the nearest MRT station to Orchard Shopping Centre?⌄

Somerset MRT is the closest, 186 m away (about a 3-minute walk).

How many businesses are registered at Orchard Shopping Centre?⌄

54 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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Read the figures right

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

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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.

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.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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.

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 BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — 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.