Spi Centre
Spi Centre is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 24 years remaining. 1 transaction is on record since 1995, most recently in May 2015. 4 units are currently listed for sale or rent. ACRA records 0 live company registrations at this address.
What are the key facts about Spi Centre?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 59,61,63 New Bridge Road
- Land area
- 391 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- 4
- ACRA registrations
- 0
About Spi Centre
Spi Centre is a commercial building in Singapore River (District 01). It is located along New Bridge Road, Singapore 059405.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.
The site is leasehold, with about 24 years remaining on the lease. It occupies roughly 391 sqm of land with about 1,682 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$4,284 psf. The most recent was in May 2015.
The nearest MRT is Clarke Quay MRT, 66 m away (about a 1-minute walk). The closest bus stop (Opp Clarke Quay Stn) is 117 m away (about a 2-minute walk). Clarke Quay Central is 109 m away (about a 2-minute walk).
What is Spi Centre zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Conservation area
- Upper Circular Road
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
What has Spi Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2015 | Office | S$18.50M | 4,319 sqft | $4,284 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does New Bridge Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Spi Centre?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $86.02 | $123.08 | $167.78 |
| B1 & Below · 30 & Below | $69.95 | $306.07 | $392.13 |
| Level 1 · 30 & Below | $142.92 | $214.69 | $372.85 |
| Level 1 · >30 - 100 | $117.46 | $187.50 | $219.19 |
| B1 & Below · >30 - 100 | $116.28 | $142.89 | $228.69 |
| Level 4 & Above · >30 - 100 | $71.98 | $75.86 | $192.95 |
| Level 2 & 3 · >30 - 100 | $73.23 | $95.24 | $167.06 |
| Level 2 & 3 · >100 - 300 | $83.43 | $129.13 | $158.54 |
Office rents — Central Area ($ psm/month, 2026Q2)
| Building class · size band | 25th pct | Median | 75th 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.
What is available at Spi Centre right now?
For sale (1)
- New Corner Conservation Shophouse at New Bridge RoadS$80.00M · 18,100 sqft
For rent (3)
- Newly Rebuilt Corner Shophouse Office for RentS$28k/mo · 3,875 sqft
- Corner shop at 59 New Bridge Road2 agentsS$14k/mo · 1,125 sqft
- New Bridge Road2 agentsS$125k/mo · 16,205 sqft
What is near Spi Centre?
Getting around
- Clarke Quay MRT66 m · ~1 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Spi Centre?
- Live registrations
- 0
- Registered last 3 years
- 0
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.
What is Spi Centre's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 165 kWh/m²·yr
Frequently asked questions about Spi Centre
Where is Spi Centre?⌄
Spi Centre is at 59,61,63 New Bridge Road, Singapore 059405, in the Singapore River planning area.
What is Spi Centre zoned as?⌄
Spi Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of Spi Centre?⌄
Spi Centre is leasehold. About 24 years remain on the lease.
Is Spi Centre a conserved property?⌄
Yes. Spi Centre falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Spi Centre sold for?⌄
Across 1 recorded transaction, the median price is S$4,284 psf. The latest was in May 2015.
What is the nearest MRT station to Spi Centre?⌄
Clarke Quay MRT is the closest, 66 m away (about a 1-minute walk).
The facts are here — now get the verdict on Spi Centre.
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.