Southbank
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. 137 transactions are on record since 1995, at a median S$1,255 psf, most recently in Sept 2026. 31 units are currently listed for sale or rent. ACRA records 158 live company registrations at this address.
What are the key facts about Southbank?
- 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
- Completed
- Not on record
- Storeys
- Not on record
- Strata lots (whole development, MCST)
- 273
- Managing agent
- CBRE PTE LTD
- Strata formed
- 2011 (MCST 3568)
- Submarket
- City Fringe
- Units with a recorded sale
- At least 71
- Transactions on record
- 137 (records start 1995)
- Live listings
- 31
- ACRA registrations
- 158
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).
What is Southbank zoned as?
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Southbank sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Sept 2026 | Office | S$908k | 463 sqft | $1,962 |
| Jan 2026 | Office | S$1.48M | 883 sqft | $1,677 |
| Jan 2026 | Retail | S$518k | 129 sqft | $4,010 |
| Dec 2025 | Office | S$1.39M | 689 sqft | $2,016 |
| Oct 2025 | Office | S$960k | 527 sqft | $1,820 |
| Mar 2025 | Office | S$2.24M | 1,593 sqft | $1,405 |
| Feb 2025 | Office | S$1.78M | 1,184 sqft | $1,500 |
| Oct 2024 | Office | S$1.69M | 1,012 sqft | $1,669 |
| Oct 2024 | Office | S$950k | 603 sqft | $1,576 |
| Aug 2024 | Retail | S$550k | 183 sqft | $3,006 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Southbank rent for?
Office space on North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +2.5% on a year earlier
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 North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -6.6% on a year earlier
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 7 retail
Region band · 2026Q3S$ 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 7 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 Southbank
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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 fast units move at Southbank
Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
Sale: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at Southbank?
- 21 Nov 2024Agency worksFloor 1Change of use to commercial school
Lodgment for proposed use of unit #01-XX as commercial school
- 13 Jul 2020ApprovedFloor 1Change of use to commercial school
Proposed change of use of unit #01-XX to commercial school - southbank
- 25 Sept 2019ApprovedFloor 1Change of use to pet shop
Proposed change of use of shop unit #01-XX to pet shop - southbank
- 3 May 2018RefusedFloor 2Change of use to karaoke lounge
Proposed cange of use of unit #02-XX to karaoke lounge - southbank
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$54.50 per unit).
How does North Bridge Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Southbank?
Indicative area yield — District 7 retail
An INDICATIVE AREA yield for District 7 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 7 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $93.33 | $113.33 | $165.94 |
| Level 4 & Above · 30 & Below | $69.42 | $79.17 | $140.05 |
| B1 & Below · 30 & Below | $94.66 | $392.16 | $721.70 |
| Level 2 & 3 · 30 & Below | $71.79 | $88.95 | $100.36 |
| Level 1 · >30 - 100 | $84.41 | $129.03 | $192.55 |
| Level 2 & 3 · >30 - 100 | $53.85 | $86.57 | $113.16 |
| B1 & Below · >30 - 100 | $71.03 | $80.88 | $146.17 |
| Level 4 & Above · >30 - 100 | $47.06 | $59.43 | $68.42 |
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 available at Southbank right now?
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
What is near Southbank?
Getting around
- Lavender MRT208 m · ~3 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Southbank
nearest MRT/LRT Lavender (EW11) 170 m, about 39,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 9, about 20,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 22,000 residents within 1 km (June 2026); 1 other mall 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
- Lavender (EW11)170 m · about 39,000 weekday taps
- Nicoll Highway (CC5)689 m · about 10,000 weekday taps
- Bendemeer (DT23)807 m · about 11,000 weekday taps
- Kallang (EW10)976 m · about 24,000 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 Southbank. Transfers between lines don't tap, so interchanges read low.
Bus
9 bus stops within 400 m, with about 20,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- North Bridge Rd Market Off St (URA)87 mS$0.60 per half-hour at midday on a weekday · 83 car lots
- Blk 9 North Bridge Road (HDB)138 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 27 car lots
- Blk 3/4 Beach Road (HDB)235 mS$0.60 per half-hour at midday on a weekday · 22 car lots
- Blk 464/463 Crawford Lane (HDB)235 mno short-term parking · gantry 4.5 m · 180 car lots
- Blk 7 North Bridge Road (HDB)238 mS$0.60 per half-hour at midday on a weekday
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Public car parks only, by straight-line distance, with the operator's published rates. Southbank's own car park, if it has one, and its charges are not in the open data.
Who's registered at Southbank?
- Professional, scientific and technical services39
- Wholesale and retail trade23
- Information and communications21
- Administrative and support services21
- Transportation and storage9
- Accommodation and food services9
- Other services9
- Financial and insurance6
- Construction6
- Real estate5
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 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.
The facts are here — now get the verdict on Southbank.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Southbank.