CommercialCOMMERCIALConservationLeaseholdDistrict 1 · Outram

Sicci Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2007
Quick Summary

Sicci Building is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 71 years remaining. 2 transactions are on record since 1995, most recently in Mar 2007. ACRA records 3 live company registrations at this address.

1

What are the key facts about Sicci Building?

Key takeawaySicci Building is a commercial building in District 1 · Outram, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 1 · Outram
Address
31 Stanley Street
Land area
170 sqm
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
3
2

About Sicci Building

Sicci Building is a commercial building in Outram (District 01). It is located along Stanley Street, Singapore 068740.

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.

The site is leasehold, with about 71 years remaining on the lease. It occupies roughly 170 sqm of land.

2 transactions have been recorded here, at a median of S$2,047 psf. The most recent was in March 2007.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 115 m away (about a 2-minute walk). The closest bus stop (Telok Ayer Stn Exit A) is 100 m away (about a 2-minute walk).

3

What is Sicci Building zoned as?

Key takeawaySicci 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 (Telok Ayer)
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Sicci Building sold for?

Key takeaway2 transactions are on record since 1995, most recently in Mar 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2007Shop HouseS$4.21M1,834 sqft$2,295
Jul 2005Shop HouseS$3.30M1,834 sqft$1,799

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.

5

What do commercial rents run near Sicci 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 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
Price side (strata, 5y)
$3,561 psf
90 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

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 Sicci Building?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 115 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 69 mHealth Partners Medical Clinic (Cecil St) · 72 mTelok Ayer MRT Exit A · 92 mTelok Ayer Green · 96 mTelok Ayer Stn Exit A · 100 mHotel · 177 mKreta Ayer Community Club · 599 mSingapore General Hospital · 1.4 km

Competing premises nearby

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

Amoy Street Food Centre · 311 mCross Street Exchange · 325 mAp House Pte. Ltd. · 413 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Sicci Building?

Key takeawayACRA records 3 live company registrations at this address.
Live registrations
3
Registered last 3 years
0
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.

8

Frequently asked questions about Sicci Building

Where is Sicci Building?

Sicci Building is at 31 Stanley Street, Singapore 068740, in the Outram planning area.

What is Sicci Building zoned as?

Sicci Building sits on land zoned commercial under the URA Master Plan.

What is the tenure of Sicci Building?

Sicci Building is leasehold. About 71 years remain on the lease.

Is Sicci Building a conserved property?

Yes. Sicci Building falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Sicci Building sold for?

Across 2 recorded transactions, the median price is S$2,047 psf. The latest was in March 2007.

What is the nearest MRT station to Sicci Building?

Telok Ayer MRT is the closest, 115 m away (about a 2-minute walk).

How many businesses are registered at Sicci Building?

3 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.

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