CommercialCOMMERCIALConservationDistrict 2 · Outram

Runme Shaw Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 1999
Quick Summary

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.

1

What are the key facts about Runme Shaw Building?

Key takeawayRunme Shaw Building is a commercial building in District 2 · Outram, zoned COMMERCIAL.
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
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

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).

3

What is Runme Shaw Building zoned as?

Key takeawayRunme Shaw Building sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 532 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Runme Shaw Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 1999 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 1999Shop HouseS$3.20M1,755 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.

5

What do commercial rents run near Runme Shaw Building?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th 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.

6

What is near Runme Shaw Building?

Key takeawayThe nearest MRT/LRT is Outram Park MRT, about 385 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Police Cantonment Cplx · 51 mHotel · 127 mOutram Park MRT Exit 5 · 149 mThe Pinnacle Medical Centre @ Maritime · 196 mEducational Institution · 197 mPlace Of Worship · 214 mTanjong Pagar Community Club · 259 mOutram Polyclinic · 301 mDuxton Plain Pk · 319 mOutram Community Hospital · 592 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Blk 6 Tanjong Pagar Plaza · 330 mNTUC Fairprice Co-operative Ltd · 343 m100 Am · 491 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Runme Shaw Building?

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.

8

What is Runme Shaw Building's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
55 kWh/m²·yr
9

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).

For agents · in the PropKaki app

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.

PropKaki
Tell me about Runme Shaw Building — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp