Royal Group Building
Royal Group Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 15.0. 6 units are currently listed for rent. ACRA records 1,518 live company registrations at this address.
What are the key facts about Royal Group Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Tenure
- Not on record
- District / Area
- District 1 · Downtown Core
- Address
- 3 Phillip Street
- Land area
- 218 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Submarket
- Raffles Place
- Listed as
- Office
- Transactions on record
- None recorded
- Live listings
- 6
- ACRA registrations
- 1,518
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.
About Royal Group Building
Royal Group Building is a commercial building in Downtown Core (District 01). It is located along Phillip Street, Singapore 048693.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.
It occupies roughly 218 sqm of land with about 3,271 sqm of gross floor area.
1,577 businesses are currently registered at this address with ACRA.
The nearest MRT is Raffles Place MRT, 198 m away (about a 3-minute walk). The closest bus stop (OCBC Ctr) is 104 m away (about a 2-minute walk). One Raffles Place is 148 m away (about a 2-minute walk).
What is Royal Group Building zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Urban design area
- Udga
- Central Area
- Yes
What does space at Royal Group Building rent for?
Office space on Phillip Street
Street level · 2026Q3S$ per sq ft per month · median -13.1% 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 Phillip Street
Street level · 2023Q4S$ per sq ft per month (median only published)
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 1 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 1 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 Royal Group Building
- Prime office: Capital value S$3,200 psf · Net yield 3.7%
- Core CBD (Grade A): Rent S$12.50 psf/mth · Vacancy 3.3%
- Core CBD (Grade B): Rent S$9.15 psf/mth
- Core CBD: Rent S$9.40 psf/mth · Vacancy 4.5%
- Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m sq ft
Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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 Royal Group Building
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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 Royal Group Building?
- 25 Feb 2025ApprovedFloor 1Change of use: bank → restaurant
Proposed change of use of #01-XX from bank to restaurant at royal group building
- 28 Mar 2018Agency worksFloor 1Change of use to restaurant
Lodgement for prposed use of unit #01-XX as restaurant
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$54.50 per unit).
How does Phillip Street price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Royal Group Building?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $82.69 | $99.35 | $120.39 |
| Level 1 · 30 & Below | $172.73 | $245.52 | $332.57 |
| B1 & Below · 30 & Below | $87.33 | $172.91 | $321.72 |
| Level 2 & 3 · >30 - 100 | $77.43 | $95.09 | $183.52 |
| Level 1 · >30 - 100 | $106.77 | $168.33 | $217.05 |
| B1 & Below · >30 - 100 | $117.40 | $198.29 | $365.38 |
| Level 1 · >100 - 300 | $115.69 | $148.57 | $187.43 |
| B1 & Below · >100 - 300 | $148.73 | $233.33 | $396.56 |
Office rents — Central Area ($ 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 Royal Group Building right now?
For rent (6)
- Royal Group BuildingS$22k/mo · 2,345 sqft
- Royal Group BuildingS$12k/mo · 1,292 sqft
- Royal Group BuildingS$14k/mo · 1,600 sqft
- Royal Group Building2 agentsS$15k/mo · 1,600 sqft
What is near Royal Group Building?
Getting around
- Raffles Place MRT198 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Royal Group Building
nearest MRT/LRT Raffles Place (EW14/NS26) 169 m, about 133,000 taps a weekday; 10 more stations within 1 km; bus stops within 400 m: 8, about 17,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 10,000 residents within 1 km (June 2026). Ranked against 485 office 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), not a count of people.
Stations within 1 km
- Raffles Place (EW14 / NS26)169 m · about 133,000 weekday taps
- Telok Ayer (DT18)281 m · about 37,000 weekday taps
- Clarke Quay (NE5)496 m · about 31,000 weekday taps
- Chinatown (NE4 / DT19)502 m · about 97,000 weekday taps
- Downtown (DT17)614 m · about 51,000 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 Royal Group Building. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Synagogue St - Church St) (URA)92 m
- Backlane (Lor Telok - Circular Rd) (URA)183 m
- Backlane (Synagogue St ) (URA)197 m
- Circular Rd (URA)210 mS$1.20 per half-hour at midday on a weekday · 34 car lots
- North Canal Rd (URA)227 mS$1.20 per half-hour at midday on a weekday · 24 car lots
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.3 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Royal Group Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Royal Group Building?
- Wholesale and retail trade512
- Information and communications319
- Financial and insurance289
- Professional, scientific and technical services267
- Transportation and storage29
- Manufacturing23
- Administrative and support services21
- Education19
- Accommodation and food services9
- Real estate9
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 Royal Group Building's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 201 kWh/m²·yr
Frequently asked questions about Royal Group Building
Where is Royal Group Building?⌄
Royal Group Building is at 3 Phillip Street, Singapore 048693, in the Downtown Core planning area.
What is Royal Group Building zoned as?⌄
Royal Group Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.
Have there been any recorded transactions at Royal Group Building?⌄
No caveats have been lodged for Royal Group Building 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 Royal Group Building?⌄
Raffles Place MRT is the closest, 198 m away (about a 3-minute walk).
How many businesses are registered at Royal Group Building?⌄
1,577 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 Royal Group Building.
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