CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 7 · Kallang

Southbank

Reviewed by Nathan TangUpdated 10 August 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, most recently in Jan 2026. 26 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
26
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 154 strata sales on North Bridge Road in the last 5 years, the median is $2,233 psf.
Strata sales on the street (5y)
154
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)
$2,353 psf
231 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 takeaway26 units are currently listed at Southbank19 for sale and 7 for rent. One row per unit; several agents often market the same unit.

For sale (19)

  • SouthbankS$1.68M · 883 sqft
  • SouthbankS$2.24M · 1,184 sqft
  • SouthbankS$2.03M · 1,184 sqft
  • SouthbankS$1.65M · 915 sqft

For rent (7)

  • Southbank3 agentsS$4k/mo · 883 sqft
  • SouthbankS$5k/mo · 1,184 sqft
  • SouthbankS$4k/mo · 1,012 sqft
  • SouthbankS$4k/mo · 527 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.

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