CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 7 · Kallang

Southbank

Reviewed by Nathan TangUpdated 24 September 2026Data through Jan 2026
Quick Summary

Southbank is a commercial building in District 7 · Kallang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. It is leasehold with roughly 79 years remaining. 136 transactions are on record since 1995, at a median S$1,254 psf, most recently in Jan 2026. 31 units are currently listed for sale or rent. ACRA records 177 live company registrations at this address.

1

What are the key facts about Southbank?

Key takeawaySouthbank is a commercial building in District 7 · Kallang, zoned COMMERCIAL & RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 7 · Kallang
Address
883 North Bridge Road
Land area
3,850 sqm
Transactions on record
136 (records start 1995)
Live listings
31
ACRA registrations
177
2

About Southbank

Southbank is a mixed-use building in Kallang (District 07). It is located along North Bridge Road, Singapore 198785.

Under the URA Master Plan it sits on land zoned commercial & residential.

The site is leasehold, with about 79 years remaining on the lease. It occupies roughly 3,850 sqm of land.

136 transactions have been recorded here, at a median of S$1,254 psf. The most recent was in January 2026.

177 businesses are currently registered at this address with ACRA.

The nearest MRT is Lavender MRT, 208 m away (about a 3-minute walk). The closest bus stop (Southbank) is 30 m away (about a 0-minute walk).

3

What is Southbank zoned as?

Key takeawaySouthbank sits on land zoned COMMERCIAL & RESIDENTIAL.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
Subject to Evaluation

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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Southbank sold for?

Key takeawayAcross 136 recorded transactions since 1995, the median price is about S$804k, most recently in Jan 2026.
DateUsePriceAreaPSF
Jan 2026OfficeS$1.48M883 sqft$1,677
Jan 2026RetailS$518k129 sqft$4,010
Dec 2025OfficeS$1.39M689 sqft$2,016
Oct 2025OfficeS$960k527 sqft$1,820
Mar 2025OfficeS$2.24M1,593 sqft$1,405
Feb 2025OfficeS$1.78M1,184 sqft$1,500
Oct 2024OfficeS$1.69M1,012 sqft$1,669
Oct 2024OfficeS$950k603 sqft$1,576
Aug 2024RetailS$550k183 sqft$3,006
Jun 2024OfficeS$868k463 sqft$1,875

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 North Bridge Road price?

Key takeawayAcross 158 strata sales on North Bridge Road in the last 5 years, the median is $2,233 psf.
Strata sales on the street (5y)
158
Street median PSF (strata)
$2,233

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

6

What do commercial rents run near Southbank?

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

Indicative area yield — District 7 retail

Gross yield (area)
5.0%
4.5% net of property tax
Rent side (median of bands)
$106.44 psm/mo
2026Q2
Price side (strata, 5y)
$2,379 psf
237 sales

An INDICATIVE AREA yield for District 7 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 7 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$65.63$77.77$101.79
B1 & Below · 30 & Below$58.19$114.29$345.38
Level 4 & Above · 30 & Below$85.23$111.50$131.58
Level 1 · 30 & Below$86.33$95.24$110.00
Level 4 & Above · >30 - 100$59.29$108.48$136.75
Level 1 · >30 - 100$93.54$118.89$225.20
Level 2 & 3 · >30 - 100$65.50$89.70$119.75
B1 & Below · >30 - 100$69.36$86.33$409.96

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 available at Southbank right now?

Key takeaway31 units are currently listed at Southbank — 22 for sale and 9 for rent. One row per unit; several agents often market the same unit.

For sale (22)

  • SouthbankS$1.76M · 1,012 sqft
  • SouthbankS$2.03M · 1,184 sqft
  • SouthbankS$1.75M · 1,012 sqft
  • SouthbankS$1.68M · 883 sqft

For rent (9)

  • SouthbankS$3k/mo · 463 sqft
  • SouthbankS$4k/mo · 344 sqft
  • Southbank3 agentsS$4k/mo · 883 sqft
  • SouthbankS$5k/mo · 1,184 sqft

Browse every listing at this building →

8

What is near Southbank?

Key takeawayThe nearest MRT/LRT is Lavender MRT, about 208 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Southbank · 30 mLavender MRT Exit A · 170 mPancare Medical Clinic (Lavender) · 181 mHotel · 225 mEducational Institution · 226 mPlace Of Worship · 302 mJalan Besar Community Club · 338 mNorth Bridge Garden · 343 mRaffles Hospital · 951 m

Competing premises nearby

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

North Bridge Road Market & Food Centre · 87 mMahota Food Pte. Ltd. · 340 mAperia Mall · 508 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Southbank?

Key takeawayACRA records 177 live company registrations at this address, 70 of them in the last three years.
Live registrations
177
Registered last 3 years
70
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.

10

Frequently asked questions about Southbank

Where is Southbank?⌄

Southbank is at 883 North Bridge Road, Singapore 198785, in the Kallang planning area.

What is Southbank zoned as?⌄

Southbank sits on land zoned commercial & residential under the URA Master Plan.

What is the tenure of Southbank?⌄

Southbank is leasehold. About 79 years remain on the lease.

What have units at Southbank sold for?⌄

Across 136 recorded transactions, the median price is S$1,254 psf. The latest was in January 2026.

What is the nearest MRT station to Southbank?⌄

Lavender MRT is the closest, 208 m away (about a 3-minute walk).

How many businesses are registered at Southbank?⌄

177 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.

For agents · in the PropKaki app

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This development is also registered as the residential project Southbank.