Race Course 138
Race Course 138 is a commercial building in District 8 · Rochor, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.5. It is freehold. 1 transaction is on record since 1995, most recently in Mar 2003. ACRA records 16 live company registrations at this address.
What are the key facts about Race Course 138?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.5
- Tenure
- Freehold
- District / Area
- District 8 · Rochor
- Address
- 138 Race Course Road
- Land area
- 873 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 16
About Race Course 138
Race Course 138 is a mixed-use building in Rochor (District 08). It is located along Race Course Road, Singapore 218591.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.5. It lies inside the Central Area.
The site is freehold. It occupies roughly 873 sqm of land with about 3,056 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$799 psf. The most recent was in March 2003.
16 businesses are currently registered at this address with ACRA.
The nearest MRT is Farrer Park MRT, 266 m away (about a 4-minute walk). The closest bus stop (Aft Blk 672B) is 150 m away (about a 2-minute walk).
What is Race Course 138 zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.5
- Urban design area
- Udga
- Central Area
- Yes
What has Race Course 138 sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2003 | Retail | S$5.10M | 6,383 sqft | $799 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Race Course Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Race Course 138?
Indicative area yield — District 8 retail
An INDICATIVE AREA yield for District 8 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 8 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $92.22 | $107.29 | $134.61 |
| Level 2 & 3 · 30 & Below | $60.38 | $67.06 | $71.17 |
| Level 1 · >30 - 100 | $65.65 | $79.01 | $105.39 |
| Level 2 & 3 · >30 - 100 | $53.41 | $58.43 | $108.12 |
| B1 & Below · >30 - 100 | $185.86 | $205.31 | $205.79 |
| Level 1 · >100 - 300 | $43.81 | $68.53 | $71.93 |
| Level 4 & Above · >100 - 300 | $86.62 | $94.73 | $108.30 |
| B1 & Below · >300 | $50.00 | $59.34 | $62.68 |
Office rents — Central Area ($ 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 Race Course 138?
Getting around
- Farrer Park MRT267 m · ~4 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.
How many companies are registered at Race Course 138?
- Live registrations
- 16
- Registered last 3 years
- 6
- 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.
Frequently asked questions about Race Course 138
Where is Race Course 138?⌄
Race Course 138 is at 138 Race Course Road, Singapore 218591, in the Rochor planning area.
What is Race Course 138 zoned as?⌄
Race Course 138 sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.5.
What is the tenure of Race Course 138?⌄
Race Course 138 is freehold.
What have units at Race Course 138 sold for?⌄
Across 1 recorded transaction, the median price is S$799 psf. The latest was in March 2003.
What is the nearest MRT station to Race Course 138?⌄
Farrer Park MRT is the closest, 266 m away (about a 4-minute walk).
How many businesses are registered at Race Course 138?⌄
16 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 Race Course 138.
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.
This development is also registered as the residential project Race Course 138.