CommercialCOMMERCIAL999-year leaseholdDistrict 6 · Downtown Core

Satnam House

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2007

Quick Summary

Satnam House is a commercial building in District 6 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 7.0. It is 999-year leasehold. 31 transactions are on record since 1995, at a median S$900 psf, most recently in May 2007. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Satnam House.

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What are the key facts about Satnam House?

Key takeawaySatnam House is a commercial building in District 6 · Downtown Core, zoned COMMERCIAL, held 999-year leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 7.0
Tenure: 999-year leasehold
District / Area: District 6 · Downtown Core
Address: 67 High Street
Land area: —
Completed: Not on record
Storeys: Not on record
Submarket: City Hall / Bugis
Units with a recorded sale: At least 29
Transactions on record: 31 (records start 1995)
Live listings: None
ACRA registrations: 0

About Satnam House

Satnam House is a commercial building in Downtown Core (District 06). It is located along High Street, Singapore 179431.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 7. It lies inside the Central Area.

The site is 999-year leasehold, with about 800 years remaining on the lease.

31 transactions have been recorded here, at a median of S$900 psf. The most recent was in May 2007.

The nearest MRT is Clarke Quay MRT, 422 m away (about a 7-minute walk). The closest bus stop (Opp The Treasury) is 49 m away (about a 1-minute walk).

What is Satnam House zoned as?

Key takeawaySatnam House sits on land zoned COMMERCIAL with a gross plot ratio of 7.0, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 7.0
Urban design area: Udga
Central Area: Yes

Run the full zoning report for this building →

What has Satnam House sold for?

Key takeawayAcross 31 recorded transactions since 1995, the median price is about S$533k, most recently in May 2007.

Date	Use	Price	Area	PSF
May 2007	Retail	S$4.50M	2,605 sqft	$1,728
Apr 2007	Office	S$5.12M	4,327 sqft	$1,184
Apr 2007	Retail	S$159k	194 sqft	$821
Apr 2007	Office	S$561k	732 sqft	$767
Apr 2007	Retail	S$717k	603 sqft	$1,189
Apr 2007	Retail	S$833k	797 sqft	$1,046
Apr 2007	Office	S$409k	452 sqft	$905
Mar 2007	Retail	S$1.78M	1,690 sqft	$1,051
Mar 2007	Office	S$406k	614 sqft	$661
Mar 2007	Office	S$4.70M	7,287 sqft	$645

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 Satnam House rent for?

Key takeawayNo rent is published for Satnam House itself. On its street, High Street, office space rented at a median of $5.88 psf a month in 2026Q3, with the middle half of leases between $5.38 and $6.13. That is not this building's own rent, and never a quote for a particular unit.

Office space on High Street

Street level · 2026Q3

25th pct

$5.38

$57.87 psm

Median

$5.88

$63.29 psm

75th pct

$6.13

$65.98 psm

S$ per sq ft per month · median +4% on a year earlier

2023Q4 · $52.63 psm2026Q3 · $63.29 psm median

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 High Street

Street level · 2024Q3

25th pct

—

— psm

Median

$5.85

$62.96 psm

75th pct

—

— psm

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

2021Q3 · $45.33 psm2024Q3 · $62.96 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 6 retail

Region band · 2026Q3

25th pct

$8.45

$90.91 psm

Median

$11.11

$119.62 psm

75th pct

$14.88

$160.15 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 6 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 Satnam House

Key takeawayBrokers' retail figures for this part of Singapore — 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

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.

How does High Street price?

Key takeawayAcross 22 strata sales on High Street in the last 5 years, the median is $2,564 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,564

Street figures cover strata deals only — land and strata PSF are not comparable.

What do commercial rents run near Satnam House?

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

Indicative area yield — District 6 retail

Gross yield (area)

5.5%

5.0% net of property tax

Rent side (median of bands)

$119.62 psm/mo

2026Q3

Price side (strata, 5y)

$2,413 psf

100 sales

An INDICATIVE AREA yield for District 6 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 6 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$90.91	$119.62	$286.43
Level 1 · 30 & Below	$81.61	$93.33	$107.01
Level 4 & Above · 30 & Below	$80.57	$83.33	$94.29
Level 2 & 3 · 30 & Below	$76.01	$92.73	$109.89
Level 4 & Above · >30 - 100	$67.39	$75.36	$96.63
B1 & Below · >30 - 100	$144.93	$225.01	$270.37
Level 2 & 3 · >30 - 100	$66.18	$87.34	$123.84
Level 1 · >30 - 100	$128.26	$130.89	$160.15

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 Satnam House?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 422 m away — and 3 competing retail premisess operate nearby.

Getting around

Clarke Quay MRT422 m · ~7 min

Amenities nearby

Opp The Treasury · 49 mMint Medical Centre (Funan) · 104 mHotel · 151 mParliament Promenade · 186 mPlace Of Worship · 273 mClarke Quay MRT Exit F · 318 mEducational Institution · 447 mRaffles Hospital · 1.5 km

Competing premises nearby

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

Cold Storage Singapore (1983) Pte Ltd · 97 mFunan Mall · 123 mMarket Street Hawker Centre · 706 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Satnam House

Key takeawayThe nearest station is Clarke Quay (NE5), 318 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 15 public car parks are within 500 m.

Foot traffic: busier than 91% of retail buildings

nearest MRT/LRT Clarke Quay (NE5) 318 m, about 31,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 14, about 30,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 6,114 residents within 1 km (June 2026); 13 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

Clarke Quay (NE5)318 m · about 31,000 weekday taps
City Hall (NS25 / EW13)393 m · about 91,000 weekday taps
Raffles Place (EW14 / NS26)589 m · about 133,000 weekday taps
Bras Basah (CC2)648 m · about 10,000 weekday taps
Fort Canning (DT20)663 m · about 14,000 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 Satnam House. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 30,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Funan Mall (development car park)101 m
rates not published as open data
National Gallery (development car park)201 m
rates not published as open data
Upp Circular Rd (URA)249 m
S$1.20 per half-hour at midday on a weekday · 22 car lots
Carpenter St Off St (URA)289 m
S$1.50 per half-hour at midday on a weekday · 69 car lots
Backlane (Carpenter - Upp Circular Rd) (URA)296 m

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.1 km away, S$80/month.

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

Who's registered at Satnam House?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Satnam House as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Information and communications
0
Administrative and support services
0
Manufacturing
0
Financial and insurance
0
Professional, scientific and technical services
0
Transportation and storage
0
Construction
0
Accommodation and food services
0
Other services
0

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.

Frequently asked questions about Satnam House

Where is Satnam House?⌄

Satnam House is at 67 High Street, Singapore 179431, in the Downtown Core planning area.

What is Satnam House zoned as?⌄

Satnam House sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 7.

What is the tenure of Satnam House?⌄

Satnam House is 999-year leasehold. About 800 years remain on the lease.

What have units at Satnam House sold for?⌄

Across 31 recorded transactions, the median price is S$900 psf. The latest was in May 2007.

What is the nearest MRT station to Satnam House?⌄

Clarke Quay MRT is the closest, 422 m away (about a 7-minute walk).

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Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, LTA DataMall car parks, LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.