Peninsula Plaza
Peninsula Plaza is a commercial building in District 6 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. It is 999-year leasehold. 439 transactions are on record since 1995, at a median S$1,899 psf, most recently in Oct 2026. 78 units are currently listed for sale or rent. ACRA records 3,779 live company registrations at this address.
What are the key facts about Peninsula Plaza?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- 999-year leasehold
- District / Area
- District 6 · Downtown Core
- Address
- 111 North Bridge Road
- Land area
- 4,554 sqm
- Completed
- 1981 (per EdgeProp listings)
- Storeys
- 30 (© OpenStreetMap contributors)
- Strata lots (whole development, MCST)
- 463
- Managing agent
- CHAMBERS PROPERTY MANAGEMENT SERVICES PTE LTD
- Strata formed
- 1985 (MCST 1031)
- Submarket
- City Hall / Bugis
- Units with a recorded sale
- At least 264
- Listed as
- Office, Other Retail, Mall Shop
- Transactions on record
- 439 (records start 1995)
- Live listings
- 78
- ACRA registrations
- 3,779
What are the specs at Peninsula Plaza?
- Facilities
- car park
- Source: CommercialGuru
About Peninsula Plaza
Peninsula Plaza is a commercial building in Downtown Core (District 06). It is located along North Bridge Road, Singapore 179098.
Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.
The site is 999-year leasehold, with about 802 years remaining on the lease. It occupies roughly 4,554 sqm of land with about 1,705 sqm of gross floor area.
438 transactions have been recorded here, at a median of S$1,897 psf. The most recent was in August 2026.
4,377 businesses are currently registered at this address with ACRA.
The nearest MRT is City Hall MRT, 209 m away (about a 3-minute walk). The closest bus stop (Aft City Hall Stn Exit B) is 57 m away (about a 1-minute walk).
What is Peninsula Plaza zoned as?
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Peninsula Plaza sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2026 | Retail | S$2.63M | 323 sqft | $8,129 |
| Aug 2026 | Retail | S$3.95M | 1,098 sqft | $3,598 |
| Jul 2026 | Office | S$855k | 334 sqft | $2,562 |
| Jul 2026 | Retail | S$1.95M | 463 sqft | $4,213 |
| Jul 2026 | Retail | S$920k | 344 sqft | $2,671 |
| Jun 2026 | Office | S$1.42M | 624 sqft | $2,275 |
| Apr 2026 | Office | S$3.65M | 1,485 sqft | $2,457 |
| Mar 2026 | Office | S$1.92M | 398 sqft | $4,821 |
| Feb 2026 | Office | S$940k | 334 sqft | $2,817 |
| Feb 2026 | Office | S$3.43M | 1,485 sqft | $2,309 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Peninsula Plaza rent for?
Office space on North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +2.5% on a year earlier
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 North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -6.6% on a year earlier
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 6 retail
Region band · 2026Q3S$ 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 6 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 Peninsula Plaza
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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.
How fast units move at Peninsula Plaza
Rent: between 6 Aug 2026 and 28 Aug 2026, 11 new listings appeared and 7 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 3 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.
What's been approved at Peninsula Plaza?
- 30 Jun 2026ApprovedFloor 5Change of use to minimart
Proposed change of use of unit #05-XX to minimart at peninsula plaza
- 17 Jun 2026ApprovedFloor 18Change of use to shop
Proposed change of use of unit #18-XX to shop at peninsula plaza
- 29 Apr 2026RenewedFloor B1Continued use as karaoke lounge
Continued use of unit #B1-XX as karaoke lounge
- 22 Apr 2026RenewedFloor B1Continued use as karaoke lounge
Continued use of part of food court units #B1-XX & #B1-XX as karaoke lounge
- 2 Apr 2026Agency worksFloor 18Change of use to commercial school
Lodgment for proposed use of unit #18-XX as commercial school
- 27 Aug 2025ApprovedFloors B1, 1, 2Additions & alterations
Proposed additions & alterations to the existing bata shop unit #B1-XX, #01-XX, #02-XX to 24 at peninsula plaza
- 22 Aug 2025ApprovedFloor 1Additions & alterations
Proposed additions & alterations to existing units #01-XX & #01-XX at peninsula plaza
- 8 Aug 2025RenewedFloor 3Continued use as massage establishment
Continued use of unit #03-XX as massage establishment at peninsula plaza
- 31 Jul 2025RenewedFloor 4Continued use as karaoke lounge
Continued use of units #04-XX and #04-XX as karaoke lounge at peninsula plaza
- 17 Jun 2025ApprovedFloor 1Change of use to shop
Proposed change of use of #01-XX to shop at peninsula plaza
- 3 Apr 2025RenewedFloor B1Continued use as nightclub
Continued use of units #B1-XX, #B1-XX & #B1-XX as nightclub
- 14 Mar 2025ApprovedFloor 3Change of use to minimart
Proposed change of use of #03-XX to minimart at peninsula plaza
63 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$54.50 per unit).
How does North Bridge Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Peninsula Plaza?
Indicative area yield — District 6 retail
An INDICATIVE AREA yield for District 6 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 6 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| B1 & Below · 30 & Below | $90.91 | $119.62 | $286.43 |
| Level 1 · 30 & Below | $81.61 | $93.33 | $107.01 |
| Level 4 & Above · 30 & Below | $80.57 | $83.33 | $94.29 |
| Level 2 & 3 · 30 & Below | $76.01 | $92.73 | $109.89 |
| Level 4 & Above · >30 - 100 | $67.39 | $75.36 | $96.63 |
| B1 & Below · >30 - 100 | $144.93 | $225.01 | $270.37 |
| Level 2 & 3 · >30 - 100 | $66.18 | $87.34 | $123.84 |
| Level 1 · >30 - 100 | $128.26 | $130.89 | $160.15 |
Office rents — Central Area ($ 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 available at Peninsula Plaza right now?
For sale (44)
- Peninsula PlazaS$2.75M · 366 sqft
- Peninsula PlazaS$998k · 345 sqft
- Peninsula PlazaS$1.29M · 344 sqft
- Peninsula PlazaS$1.94M · 668 sqft
For rent (34)
- Peninsula PlazaS$9k/mo · 1,486 sqft
- Peninsula Plaza2 agentsS$11k/mo · 1,732 sqft
- Peninsula PlazaS$2k/mo · 323 sqft
- Peninsula PlazaS$2k/mo · 170 sqft
What is near Peninsula Plaza?
Getting around
- City Hall MRT209 m · ~3 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Peninsula Plaza
nearest MRT/LRT City Hall (NS25/EW13) 155 m, about 91,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 13, about 22,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 4,649 residents within 1 km (June 2026); 15 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
- City Hall (NS25 / EW13)155 m · about 91,000 weekday taps
- Bras Basah (CC2)416 m · about 10,000 weekday taps
- Esplanade (CC3)479 m · about 15,000 weekday taps
- Clarke Quay (NE5)522 m · about 31,000 weekday taps
- Bencoolen (DT21)622 m · about 20,000 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 Peninsula Plaza. Transfers between lines don't tap, so interchanges read low.
Bus
13 bus stops within 400 m, with about 22,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Funan Mall (development car park)151 mrates not published as open data
- National Gallery (development car park)247 mrates not published as open data
- Armenian St Off St (URA)280 mS$1.40 per half-hour at midday on a weekday · 45 car lots
- Raffles City (development car park)313 mrates not published as open data
- Upp Circular Rd (URA)491 mS$1.20 per half-hour at midday on a weekday · 22 car lots
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.2 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Peninsula Plaza's own car park, if it has one, and its charges are not in the open data.
Who's registered at Peninsula Plaza?
- Wholesale and retail trade1,342
- Professional, scientific and technical services679
- Financial and insurance512
- Information and communications368
- Transportation and storage203
- Construction146
- Administrative and support services139
- Manufacturing79
- Education76
- Accommodation and food services61
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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.
Frequently asked questions about Peninsula Plaza
Where is Peninsula Plaza?⌄
Peninsula Plaza is at 111 North Bridge Road, Singapore 179098, in the Downtown Core planning area.
What is Peninsula Plaza zoned as?⌄
Peninsula Plaza sits on land zoned commercial under the URA Master Plan.
What is the tenure of Peninsula Plaza?⌄
Peninsula Plaza is 999-year leasehold. About 802 years remain on the lease.
What have units at Peninsula Plaza sold for?⌄
Across 438 recorded transactions, the median price is S$1,897 psf. The latest was in August 2026.
What is the nearest MRT station to Peninsula Plaza?⌄
City Hall MRT is the closest, 209 m away (about a 3-minute walk).
How many businesses are registered at Peninsula Plaza?⌄
4,377 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 Peninsula Plaza.
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.