CommercialHOTELFreeholdDistrict 3 · Bukit Merah

Tarng Chern Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2007
Quick Summary

Tarng Chern Building is a commercial building in District 3 · Bukit Merah, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 6 transactions are on record since 1995, most recently in Sept 2007. ACRA records 0 live company registrations at this address.

1

What are the key facts about Tarng Chern Building?

Key takeawayTarng Chern Building is a commercial building in District 3 · Bukit Merah, zoned HOTEL, held freehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 3 · Bukit Merah
Address
231 Outram Road
Land area
448 sqm
Transactions on record
6 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Tarng Chern Building

Tarng Chern Building is a mixed-use building in Bukit Merah (District 03). It is located along Outram Road, Singapore 169040.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 3.

The site is freehold. It occupies roughly 448 sqm of land with about 2,382 sqm of gross floor area.

6 transactions have been recorded here, at a median of S$814 psf. The most recent was in September 2007.

The nearest MRT is Havelock MRT, 491 m away (about a 8-minute walk). The closest bus stop (Bef Outram Flyover) is 51 m away (about a 1-minute walk).

3

What is Tarng Chern Building zoned as?

Key takeawayTarng Chern Building sits on land zoned HOTEL with a gross plot ratio of 3.0.
Land-use zone
HOTEL
Gross plot ratio
3.0
Urban design area
Zion Road/ Havelock Road Ud Area
BCA-verified envelope: allowable GFA 1,344 sqm · built 2,324 sqm · headroom -980 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Tarng Chern Building sold for?

Key takeaway6 transactions are on record since 1995, most recently in Sept 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2007RetailS$3.43M3,089 sqft$1,110
Sept 2007RetailS$3.23M2,691 sqft$1,200
Sept 2007OfficeS$1.28M1,066 sqft$1,200
Jan 2001OfficeS$500k1,066 sqft$469
Jan 2001RetailS$1.60M3,089 sqft$518
Jan 2001RetailS$1.05M2,691 sqft$390

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 Outram Road price?

Key takeawayAcross 26 strata sales on Outram Road in the last 5 years, the median is $1,729 psf.
Strata sales on the street (5y)
26
Street median PSF (strata)
$1,729

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

6

What do commercial rents run near Tarng Chern Building?

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

Indicative area yield — District 3 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$97.35 psm/mo
2026Q2
Price side (strata, 5y)
$3,219 psf
39 sales

An INDICATIVE AREA yield for District 3 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 3 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$95.98$132.22$183.14
Level 2 & 3 · 30 & Below$78.58$97.35$120.88
Level 1 · >30 - 100$79.82$93.70$105.25
Level 2 & 3 · >30 - 100$56.17$57.32$67.43
Level 2 & 3 · >100 - 300$169.34$207.58$229.29

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 near Tarng Chern Building?

Key takeawayThe nearest MRT/LRT is Havelock MRT, about 491 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mBef Outram Flyover · 51 mPlace Of Worship · 85 mEducational Institution · 206 mSingapore General Hospital · 245 mKim Tian Clinic · 253 mHavelock MRT Exit 1 · 292 mTiong Bahru Community Centre · 343 mPearl'S Hill City Pk · 414 mBusiness Park · 496 m

Competing premises nearby

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

Fassler Gourmet Pte Ltd · 98 mTiong Bahru Market · 319 mTiong Bahru Plaza · 920 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Tarng Chern Building?

Key takeawayACRA records 0 live company registrations at this address.
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.

9

What is Tarng Chern Building's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
394 kWh/m²·yr
10

Frequently asked questions about Tarng Chern Building

Where is Tarng Chern Building?

Tarng Chern Building is at 231 Outram Road, Singapore 169040, in the Bukit Merah planning area.

What is Tarng Chern Building zoned as?

Tarng Chern Building sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Tarng Chern Building?

Tarng Chern Building is freehold.

What have units at Tarng Chern Building sold for?

Across 6 recorded transactions, the median price is S$814 psf. The latest was in September 2007.

What is the nearest MRT station to Tarng Chern Building?

Havelock MRT is the closest, 491 m away (about a 8-minute walk).

For agents · in the PropKaki app

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This development is also registered as the residential project Tarng Chern Building.

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