CommercialCOMMERCIALDistrict 7 · Downtown Core

Primero Place

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

Primero Place is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. ACRA records 0 live company registrations at this address.

1

What are the key facts about Primero Place?

Key takeawayPrimero Place is a commercial building in District 7 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
Not on record
District / Area
District 7 · Downtown Core
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

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 Primero Place

Primero Place is a mixed-use building in Downtown Core (District 07). It is located along Tan Quee Lan Street.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. It lies inside the Central Area.

The nearest MRT is Bugis MRT, 337 m away (about a 5-minute walk). The closest bus stop (Shaw Twrs) is 83 m away (about a 1-minute walk). Bugis Junction is 241 m away (about a 4-minute walk).

3

What is Primero Place zoned as?

Key takeawayPrimero Place sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at Primero Place rent for?

Key takeawayNo rent is published for Primero Place itself. On its street, Tan Quee Lan Street, retail space rented at a median of $18.70 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Tan Quee Lan Street

Street level · 2026Q3
25th pct
—
— psm
Median
$18.70
$201.32 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2024Q1 · $222.55 psm2026Q3 · $201.32 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 7 retail

Region band · 2026Q3
25th pct
$7.09
$76.30 psm
Median
$9.31
$100.25 psm
75th pct
$13.31
$143.24 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 7 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 Primero Place

Key takeawayBrokers' retail figures for Singapore as a whole — 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 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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 does Tan Quee Lan Street price?

Strata sales on the street (5y)
2

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.

7

What do commercial rents run near Primero Place?

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

Indicative area yield — District 7 retail

Gross yield (area)
4.8%
4.3% net of property tax
Rent side (median of bands)
$100.25 psm/mo
2026Q3
Price side (strata, 5y)
$2,348 psf
241 sales

An INDICATIVE AREA yield for District 7 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 7 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$93.33$113.33$165.94
Level 4 & Above · 30 & Below$69.42$79.17$140.05
B1 & Below · 30 & Below$94.66$392.16$721.70
Level 2 & 3 · 30 & Below$71.79$88.95$100.36
Level 1 · >30 - 100$84.41$129.03$192.55
Level 2 & 3 · >30 - 100$53.85$86.57$113.16
B1 & Below · >30 - 100$71.03$80.88$146.17
Level 4 & Above · >30 - 100$47.06$59.43$68.42

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.

8

What is near Primero Place?

Key takeawayThe nearest MRT/LRT is Bugis MRT, about 337 m away.

Getting around

Amenities nearby

Shaw Twrs · 83 mBugis MRT Exit D · 146 mHotel · 172 mDTAP @ Duo Medical Clinic · 217 mBugis Junction · 241 mCold Storage Singapore (1983) Pte Ltd · 260 mRaffles Hospital · 379 mEducational Institution · 380 mPlace Of Worship · 396 mAlbert Centre Market & Food Centre · 498 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Primero Place

Key takeawayThe nearest station is Bugis (EW12 / DT14), 130 m away — one of the busiest stations, with about 109,000 taps in and out on an average weekday. 18 public car parks are within 500 m.
Foot traffic: busier than 96% of retail buildings

nearest MRT/LRT Bugis (EW12/DT14) 130 m, about 109,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 20, about 39,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 12,000 residents within 1 km (June 2026); 8 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

  • Bugis (EW12 / DT14)130 m · about 109,000 weekday taps
  • Esplanade (CC3)496 m · about 15,000 weekday taps
  • Promenade (CC4 / DT15)536 m · about 45,000 weekday taps
  • Bras Basah (CC2)654 m · about 10,000 weekday taps
  • City Hall (NS25 / EW13)683 m · about 91,000 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 Primero Place. Transfers between lines don't tap, so interchanges read low.

Bus

20 bus stops within 400 m, with about 39,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Liang Seah St (URA)92 m
    S$1.20 per half-hour at midday on a weekday · 45 car lots
  • Backlane (Purvis St) (URA)216 m
  • Purvis St (URA)260 m
    S$1.20 per half-hour at midday on a weekday · 43 car lots
  • North Bridge Rd Off St (URA)295 m
    S$0.75 per half-hour at midday on a weekday · 92 car lots
  • Backlane (Seah St) (URA)325 m

Nearest URA season parking: Kampong Glam Area, 543 m away, S$125/month.

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

10

How many companies are registered at Primero Place?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

11

Frequently asked questions about Primero Place

Where is Primero Place?⌄

Primero Place is at Tan Quee Lan Street, in the Downtown Core planning area.

What is Primero Place zoned as?⌄

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

Have there been any recorded transactions at Primero Place?⌄

No caveats have been lodged for Primero Place 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 Primero Place?⌄

Bugis MRT is the closest, 337 m away (about a 5-minute walk).

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