Suites 123
Suites 123 is a commercial building in District 8 · Kallang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 7 transactions are on record since 1995, most recently in Jun 2013. 1 unit is currently listed for rent. ACRA records 10 live company registrations at this address.
What are the key facts about Suites 123?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 8 · Kallang
- Address
- 123 Rangoon Road
- Land area
- 10,399 sqm
- Transactions on record
- 7 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 10
About Suites 123
Suites 123 is a mixed-use building in Kallang (District 08). It is located along Rangoon Road, Singapore 218401.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.
The site is freehold. It occupies roughly 10,399 sqm of land with about 36,397 sqm of gross floor area.
7 transactions have been recorded here, at a median of S$1,535 psf. The most recent was in June 2013.
10 businesses are currently registered at this address with ACRA.
The nearest MRT is Farrer Park MRT, 361 m away (about a 6-minute walk). The closest bus stop (Kentish Lodge) is 108 m away (about a 2-minute walk).
What is Suites 123 zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 3.0
What has Suites 123 sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2013 | Retail | S$950k | 366 sqft | $2,596 |
| Jul 2008 | Retail | S$390k | 237 sqft | $1,647 |
| Jul 2008 | Retail | S$375k | 237 sqft | $1,584 |
| Jul 2008 | Retail | S$595k | 388 sqft | $1,535 |
| Jul 2008 | Retail | S$530k | 366 sqft | $1,448 |
| Jul 2008 | Retail | S$595k | 398 sqft | $1,494 |
| Jul 2008 | Retail | S$550k | 377 sqft | $1,460 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Rangoon Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Suites 123?
Indicative area yield — District 8 retail
An INDICATIVE AREA yield for District 8 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 8 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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 |
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 Suites 123 right now?
For rent (1)
- Suites 123S$4k/mo · 398 sqft
What is near Suites 123?
Getting around
- Farrer Park MRT361 m · ~6 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.
How many companies are registered at Suites 123?
- Live registrations
- 10
- Registered last 3 years
- 5
- Most common type
- Sole Proprietorship/ Partnership
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.
Frequently asked questions about Suites 123
Where is Suites 123?⌄
Suites 123 is at 123 Rangoon Road, Singapore 218401, in the Kallang planning area.
What is Suites 123 zoned as?⌄
Suites 123 sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Suites 123?⌄
Suites 123 is freehold.
What have units at Suites 123 sold for?⌄
Across 7 recorded transactions, the median price is S$1,535 psf. The latest was in June 2013.
What is the nearest MRT station to Suites 123?⌄
Farrer Park MRT is the closest, 361 m away (about a 6-minute walk).
How many businesses are registered at Suites 123?⌄
10 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 Suites 123.
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 Suites 123.