CommercialDistrict 2 · Bukit Merah

Singapore Art Museum (Tanjong Pagar Distripark)

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Singapore Art Museum (Tanjong Pagar Distripark) is a commercial building in District 2 · Bukit Merah. ACRA records 35 live company registrations at this address.

The facts are here — now get the verdict on Singapore Art Museum (Tanjong Pagar Distripark).

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What are the key facts about Singapore Art Museum (Tanjong Pagar Distripark)?

Key takeawaySingapore Art Museum (Tanjong Pagar Distripark) is a commercial building in District 2 · Bukit Merah.

Asset class: Commercial
Land-use zone: Not on record
Gross plot ratio: —
Tenure: Not on record
District / Area: District 2 · Bukit Merah
Address: —
Land area: 39,481 sqm
Completed: Not on record
Storeys: 5 (© OpenStreetMap contributors)
Submarket: City Fringe
Transactions on record: None recorded
Live listings: None
ACRA registrations: 35

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 Singapore Art Museum (Tanjong Pagar Distripark)

Singapore Art Museum (Tanjong Pagar Distripark) is a commercial building in Bukit Merah (District 02). It is located along Keppel Road, Singapore 089065.

It occupies roughly 39,481 sqm of land with about 80,633 sqm of gross floor area.

37 businesses are currently registered at this address with ACRA.

The nearest MRT is Cantonment MRT, 120 m away (about a 2-minute walk). The closest bus stop (Former Railway Stn) is 80 m away (about a 1-minute walk). 100 Am is 838 m away (about a 13-minute walk).

What does space at Singapore Art Museum (Tanjong Pagar Distripark) rent for?

Key takeawayNo rent is published for Singapore Art Museum (Tanjong Pagar Distripark) itself. On its street, Keppel Road, retail space rented at a median of $3.00 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Keppel Road

Street level · 2026Q3

25th pct

—

— psm

Median

$3.00

$32.29 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +5.8% on a year earlier

2022Q3 · $33.70 psm2026Q3 · $32.29 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).

Office space on Keppel Road

Street level · 2026Q3

25th pct

$3.24

$34.85 psm

Median

$3.29

$35.41 psm

75th pct

$4.72

$50.80 psm

S$ per sq ft per month · median -9% on a year earlier

2023Q4 · $35.89 psm2026Q3 · $35.41 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 — District 2 retail

Region band · 2026Q3

25th pct

$7.84

$84.37 psm

Median

$8.70

$93.65 psm

75th pct

$9.99

$107.51 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 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 Singapore Art Museum (Tanjong Pagar Distripark)

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.

What's been approved at Singapore Art Museum (Tanjong Pagar Distripark)?

Key takeawayURA has approved 3 changes of use at Singapore Art Museum (Tanjong Pagar Distripark) since 2000, most recently in 2023. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

4 Nov 2024RenewedFloor 3
Continued use as public art exhibition spaces
Continued use of warehouse unit #03-XX as public art exhibition spaces at tanjong pagar distripark
30 Oct 2024RenewedFloor 3
Continued use as public art exhibition spaces
Continued use of warehouse unit #03-XX as public art exhibition spaces at tanjong pagar distripark
30 Oct 2024RenewedFloors 1, 3
Change of use
Continued use of part 1st & 3rd storey warehouse premises (units #01-XX, #01-XX, #01-XX & #03-XX) for public art exhibition spaces & ancillary uses at tanjong pagar distripark
8 Aug 2023ApprovedFloor 3
Change of use
Proposed change of use of warehouse unit #03-XX for public art exhibition spaces at tanjong pagar distripark
1 Jun 2023ApprovedFloor 3
Change of use
Proposed change of use of warehouse unit #03-XX for public art exhibition spaces at tanjong pagar distripark
17 Oct 2022RenewedFloors 1, 3
Change of use
Continued use of part 1st & 3rd storey warehouse premises (units #01-XX, #01-XX, #01-XX & #03-XX) for public art exhibition spaces & ancillary uses at tanjong pagar distripark
17 Nov 2020ApprovedFloors 1, 3
Change of use
Proposed conversion of part 1st & 3rd storey warehouse premises (units #01-XX, #01-XX, #01-XX & #03-XX) for public art exhibition spaces & ancillary uses at 39 keppel road – tanjong pagar distripark (bukit merah planning area)
27 Feb 2017ApprovedFloor 3
Additions & alterations
Proposed amendment to approved additions and alterations involving addition of mezzanine floor to unit #03-XX of existing 5-storey multi-user warehouse building at block 39 tanjong pagar distripark
5 Sept 2016ApprovedFloor 3
Additions & alterations
Proposed additions and alterations involving addition of mezzanine floor to unit #03-XX of existing 5-storey multi-user warehouse building at block 39 tanjong pagar distripark ts23 on lot 01242p, 01337l at 39 keppel road (bukit merah)
14 Oct 2008Approved
Additions & alterations
Proposed 2-tier proprietary racking system to existing warehouse at blk 2 tanjong pagar distripark

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 Singapore Art Museum (Tanjong Pagar Distripark)?

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

Indicative area yield — District 2 retail

Gross yield (area)

3.8%

3.4% net of property tax

Rent side (median of bands)

$93.65 psm/mo

2026Q3

Price side (strata, 5y)

$2,752 psf

14 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, 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

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 Singapore Art Museum (Tanjong Pagar Distripark)?

Amenities nearby

Former Railway Stn · 80 mFullerton Health@PSA Floatel · 317 mEducational Institution · 475 mHotel · 595 mOutram Community Hospital · 641 mPlace Of Worship · 698 mTanjong Pagar Community Club · 726 mOutram Park MRT Exit 6 · 825 m100 Am · 838 mOutram Polyclinic · 880 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Singapore Art Museum (Tanjong Pagar Distripark)

Key takeawayThe nearest station is Cantonment (CC31), 111 m away — a quiet station, with 3,987 taps in and out on an average weekday. 6 public car parks are within 500 m.

Foot traffic: busier than 9% of retail buildings

nearest MRT/LRT Cantonment (CC31) 111 m, about 3,987 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 3, about 668 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 14,000 residents within 1 km (June 2026); 2 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

Cantonment (CC31)111 m · 3,987 weekday taps
Keppel (CC30)626 m · 304 weekday taps
Outram Park (EW16 / NE3 / TE17)826 m · about 78,000 weekday taps
Prince Edward Road (CC32)999 m · 3,673 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 Singapore Art Museum (Tanjong Pagar Distripark). Transfers between lines don't tap, so interchanges read low.

Bus

3 bus stops within 400 m, with 668 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 108 Spottiswoode Park Mscp (HDB)256 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 719 car lots
Keppel Rd Off St (URA)353 m
S$1.20 per half-hour at midday on a weekday · 99 car lots
Blk 101/102 Spottiswoode Park Car Park (HDB)363 m
S$0.60 per half-hour at midday on a weekday · gantry 3.5 m · 98 car lots
Blk 10 Cantonment Close (HDB)404 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 962 car lots
Spooner Rd Off St (URA)461 m
S$0.60 per half-hour at midday on a weekday · 62 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.

Nearest URA season parking: Blair Road-Everton Roa D Area, 517 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Singapore Art Museum (Tanjong Pagar Distripark)'s own car park, if it has one, and its charges are not in the open data.

Who's registered at Singapore Art Museum (Tanjong Pagar Distripark)?

Key takeaway35 live companies (and LLPs and branches; sole proprietors are not counted) list Singapore Art Museum (Tanjong Pagar Distripark) as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
14
Financial and insurance
6
Administrative and support services
5
Arts, entertainment and recreation
4
Accommodation and food services
2
Professional, scientific and technical services
2
Transportation and storage
1
Information and communications
1
Manufacturing
0
Construction
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 Singapore Art Museum (Tanjong Pagar Distripark)

Where is Singapore Art Museum (Tanjong Pagar Distripark)?⌄

Singapore Art Museum (Tanjong Pagar Distripark) is at Keppel Road, Singapore 089065, in the Bukit Merah planning area.

Have there been any recorded transactions at Singapore Art Museum (Tanjong Pagar Distripark)?⌄

No caveats have been lodged for Singapore Art Museum (Tanjong Pagar Distripark) 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 Singapore Art Museum (Tanjong Pagar Distripark)?⌄

Cantonment MRT is the closest, 120 m away (about a 2-minute walk).

How many businesses are registered at Singapore Art Museum (Tanjong Pagar Distripark)?⌄

37 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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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.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.