CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 8 · Rochor

Soho 188

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2022
Quick Summary

Soho 188 is a commercial building in District 8 · Rochor, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.5. It is freehold. 15 transactions are on record since 1995, most recently in Dec 2022. ACRA records 13 live company registrations at this address.

1

What are the key facts about Soho 188?

Key takeawaySoho 188 is a commercial building in District 8 · Rochor, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.5
Tenure
Freehold
District / Area
District 8 · Rochor
Address
188 Race Course Road
Land area
640 sqm
Transactions on record
15 (records start 1995)
Live listings
None
ACRA registrations
13
2

About Soho 188

Soho 188 is a mixed-use building in Rochor (District 08). It is located along Race Course Road, Singapore 218612.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.5. It lies inside the Central Area.

The site is freehold. It occupies roughly 640 sqm of land with about 2,240 sqm of gross floor area.

15 transactions have been recorded here, at a median of S$1,767 psf. The most recent was in December 2022.

13 businesses are currently registered at this address with ACRA.

The nearest MRT is Farrer Park MRT, 82 m away (about a 1-minute walk). The closest bus stop (Farrer Pk Stn Exit D) is 161 m away (about a 2-minute walk).

3

What is Soho 188 zoned as?

Key takeawaySoho 188 sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.5, inside the Central Area.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.5
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Soho 188 sold for?

Key takeawayAcross 15 recorded transactions since 1995, the median price is about S$680k, most recently in Dec 2022.
DateUsePriceAreaPSF
Dec 2022OfficeS$1.30M441 sqft$2,946
Jul 2021RetailS$570k183 sqft$3,115
Sept 2020RetailS$850k474 sqft$1,795
Mar 2016RetailS$1.20M474 sqft$2,534
Sept 2013RetailS$1.10M474 sqft$2,323
Sept 2012RetailS$890k474 sqft$1,879
Jun 2012RetailS$960k452 sqft$2,123
Oct 2011RetailS$780k441 sqft$1,767
Jul 2008RetailS$280k183 sqft$1,530
Dec 2007RetailS$680k474 sqft$1,436

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

How does Race Course Road price?

Strata sales on the street (5y)
2

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near Soho 188?

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

Indicative area yield — District 8 retail

Gross yield (area)
3.0%
2.7% net of property tax
Rent side (median of bands)
$73.77 psm/mo
2026Q2
Price side (strata, 5y)
$2,744 psf
57 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$92.22$107.29$134.61
Level 2 & 3 · 30 & Below$60.38$67.06$71.17
Level 1 · >30 - 100$65.65$79.01$105.39
Level 2 & 3 · >30 - 100$53.41$58.43$108.12
B1 & Below · >30 - 100$185.86$205.31$205.79
Level 1 · >100 - 300$43.81$68.53$71.93
Level 4 & Above · >100 - 300$86.62$94.73$108.30
B1 & Below · >300$50.00$59.34$62.68

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.

7

What is near Soho 188?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 83 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Farrer Park MRT Exit F · 27 mSingapore Medical Clinic · 67 mPlace Of Worship · 88 mHotel · 153 mFarrer Pk Stn Exit D · 161 mFarrer Park Hospital · 185 mEducational Institution · 241 mPek Kio Community Centre · 296 mCity Green · 314 mKallang Polyclinic · 870 m

Competing premises nearby

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

Mustafa Holdings Pte Ltd · 314 mCity Square Mall · 373 mBerseh Food Centre · 587 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Soho 188?

Key takeawayACRA records 13 live company registrations at this address, 3 of them in the last three years.
Live registrations
13
Registered last 3 years
3
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.

9

Frequently asked questions about Soho 188

Where is Soho 188?

Soho 188 is at 188 Race Course Road, Singapore 218612, in the Rochor planning area.

What is Soho 188 zoned as?

Soho 188 sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of Soho 188?

Soho 188 is freehold.

What have units at Soho 188 sold for?

Across 15 recorded transactions, the median price is S$1,767 psf. The latest was in December 2022.

What is the nearest MRT station to Soho 188?

Farrer Park MRT is the closest, 82 m away (about a 1-minute walk).

How many businesses are registered at Soho 188?

13 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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