Runme Shaw Building
Runme Shaw Building is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. 1 transaction is on record since 1995, most recently in Feb 1999. ACRA records 0 live company registrations at this address.
What are the key facts about Runme Shaw Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Not on record
- District / Area
- District 2 · Outram
- Address
- 142 Neil Road
- Land area
- —
- Completed
- Not on record
- Storeys
- 2 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Runme Shaw Building
Runme Shaw Building is a commercial building in Outram (District 02). It is located along Neil Road, Singapore 088871.
Under the URA Master Plan it sits on land zoned commercial. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.
1 transaction has been recorded here, at a median of S$1,824 psf. The most recent was in February 1999.
The nearest MRT is Outram Park MRT, 385 m away (about a 6-minute walk). The closest bus stop (Opp Police Cantonment Cplx) is 51 m away (about a 1-minute walk).
What is Runme Shaw Building zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Chinatown (Bukit Pasoh)
- Conserved building
- Yes
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Runme Shaw Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Feb 1999 | Shop House | S$3.20M | 1,755 sqft | $1,824 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Runme Shaw Building rent for?
Retail space — District 2 retail
Region band · 2026Q3S$ 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 2 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 Runme Shaw Building
- City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m 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.
What's been approved at Runme Shaw Building?
No new bars, pubs, nightclubs or karaoke lounges (a Historic Conservation Area).
Per URA's Use of Buildings in Conservation Areas. A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.
- 30 Apr 2025ApprovedChange of use: office → shop
Change of use at the 1st, 2nd, 3rd & 4th storey units of the 4-storey building with a basement & attic ts05 on lot 99484n at 142 neil road from office to shop (chinatown (bukit pasoh) conservation area)
- 26 Jun 2024ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations to an existing 4-storey conservation unit with a basement and attic on lot 99484n ts05 at 142 neil road (chinatown - bukit pasoh conservation area / outram planning area)
- 23 Jan 2024ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations to an existing 4-storey conservation unit with a basement and attic on lot 99484n ts05 at 142 neil road (chinatown - bukit pasoh conservation area / outram planning area)
- 15 Jul 2022ApprovedAdditions & alterations
Proposed additions and alterations to an existing 4-storey conservation unit with a basement and attic on lot 99484n ts05 at 142 neil road (chinatown - bukit pasoh conservation area / outram planning area)
- 27 Jan 2001ApprovedAdditions & alterations
Proposed amendments to approved additions/alterations to existing 4 storey building and the approved use at basement, 1st, 3rd, 4th storey and roof mezzanine as office
- 7 Jan 2000ApprovedAdditions & alterations
Proposed additions/alterations to existing 4-storey building and change of use at1st storey and basement from shop to office and use at2nd, 3rd & 4th storey and roof mezzanine as office
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$54.50 per unit).
What do commercial rents run near Runme Shaw Building?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $92.88 | $96.94 | $102.26 |
| Level 1 · 30 & Below | $110.68 | $117.65 | $134.18 |
| Level 1 · >30 - 100 | $80.88 | $88.43 | $172.22 |
| Level 2 & 3 · >30 - 100 | $86.12 | $91.49 | $91.50 |
| B1 & Below · >30 - 100 | $247.81 | $267.74 | $283.87 |
| Level 4 & Above · >30 - 100 | $80.14 | $84.93 | $88.40 |
| Level 2 & 3 · >100 - 300 | $82.62 | $95.80 | $112.75 |
| Level 1 · >100 - 300 | $28.40 | $52.68 | $96.53 |
Office rents — Central Area ($ 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 Runme Shaw Building?
Getting around
- Outram Park MRT385 m · ~6 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 Runme Shaw Building
nearest MRT/LRT Outram Park (EW16/NE3/TE17) 149 m, about 78,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 16, about 21,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 25,000 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
- Outram Park (EW16 / NE3 / TE17)149 m · about 78,000 weekday taps
- Maxwell (TE18)318 m · about 23,000 weekday taps
- Tanjong Pagar (EW15)503 m · about 85,000 weekday taps
- Cantonment (CC31)579 m · 3,987 weekday taps
- Chinatown (NE4 / DT19)688 m · about 97,000 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 Runme Shaw Building. Transfers between lines don't tap, so interchanges read low.
Bus
16 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Bukit Pasoh Rd) (URA)23 m
- Bukit Pasoh Rd (URA)68 mS$1.20 per half-hour at midday on a weekday · 35 car lots
- Backlane (Keong Saik R D) (URA)119 m
- Blk 1 Cantonment Road (HDB)155 mS$1.20 per half-hour at midday on a weekday · gantry 2.1 m · 1,095 car lots
- Blk 1/7 Everton Park (HDB)159 mno short-term parking · gantry 4.5 m · 9 car lots
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.
Public car parks only, by straight-line distance, with the operator's published rates. Runme Shaw Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Runme Shaw Building?
- Information and communications0
- Wholesale and retail trade0
- Health and social services0
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 Runme Shaw Building's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 55 kWh/m²·yr
Frequently asked questions about Runme Shaw Building
Where is Runme Shaw Building?⌄
Runme Shaw Building is at 142 Neil Road, Singapore 088871, in the Outram planning area.
What is Runme Shaw Building zoned as?⌄
Runme Shaw Building sits on land zoned commercial under the URA Master Plan.
Is Runme Shaw Building a conserved property?⌄
Yes. Runme Shaw Building falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Runme Shaw Building sold for?⌄
Across 1 recorded transaction, the median price is S$1,824 psf. The latest was in February 1999.
What is the nearest MRT station to Runme Shaw Building?⌄
Outram Park MRT is the closest, 385 m away (about a 6-minute walk).
The facts are here — now get the verdict on Runme Shaw Building.
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.