CommercialBUSINESS 1 - WHITELeaseholdDistrict 13 · Toa Payoh

The Commerze@Irving

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2026
Quick Summary

The Commerze@Irving is a commercial building in District 13 · Toa Payoh, on land zoned BUSINESS 1 - WHITE under the URA Master Plan with a gross plot ratio of 3.5. It is leasehold with roughly 45 years remaining. 72 transactions are on record since 1995, most recently in Mar 2026. 55 units are currently listed for sale or rent. ACRA records 551 live company registrations at this address.

1

What are the key facts about The Commerze@Irving?

Key takeawayThe Commerze@Irving is a commercial building in District 13 · Toa Payoh, zoned BUSINESS 1 - WHITE, held leasehold.
Asset class
Commercial
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.5
Tenure
Leasehold
District / Area
District 13 · Toa Payoh
Address
1 Irving Place
Land area
3,353 sqm
Transactions on record
72 (records start 1995)
Live listings
55
ACRA registrations
551
2

About The Commerze@Irving

The Commerze@Irving is a commercial building in Toa Payoh (District 13). It is located along Irving Place, Singapore 369546.

Under the URA Master Plan it sits on land zoned business 1 - white with a gross plot ratio of 3.5.

The site is leasehold, with about 45 years remaining on the lease. It occupies roughly 3,353 sqm of land with about 11,736 sqm of gross floor area.

72 transactions have been recorded here, at a median of S$1,707 psf. The most recent was in March 2026.

551 businesses are currently registered at this address with ACRA.

The nearest MRT is Tai Seng MRT, 248 m away (about a 4-minute walk). The closest bus stop (Asiawide Ind Bldg) is 156 m away (about a 2-minute walk).

3

What is The Commerze@Irving zoned as?

Key takeawayThe Commerze@Irving sits on land zoned BUSINESS 1 - WHITE with a gross plot ratio of 3.5.
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.5

Run the full zoning report for this building →

4

What has The Commerze@Irving sold for?

Key takeawayAcross 72 recorded transactions since 1995, the median price is about S$581k, most recently in Mar 2026.
DateUsePriceAreaPSF
Mar 2026RetailS$489k431 sqft$1,135
Jan 2026RetailS$549k366 sqft$1,500
Dec 2025RetailS$550k409 sqft$1,345
Aug 2025RetailS$400k248 sqft$1,616
Feb 2025RetailS$637k527 sqft$1,208
Aug 2024RetailS$535k431 sqft$1,243
Apr 2024RetailS$400k248 sqft$1,616
Mar 2023RetailS$535k301 sqft$1,775
Oct 2022RetailS$520k312 sqft$1,666
Sept 2022OfficeS$500k334 sqft$1,498

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 Irving Place price?

Key takeawayAcross 15 strata sales on Irving Place in the last 5 years, the median is $1,498 psf.
Strata sales on the street (5y)
15
Street median PSF (strata)
$1,498

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

6

What do commercial rents run near The Commerze@Irving?

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

Indicative area yield — District 13 retail

Gross yield (area)
11.0%
9.9% net of property tax
Rent side (median of bands)
$153.35 psm/mo
2026Q2
Price side (strata, 5y)
$1,558 psf
18 sales

An INDICATIVE AREA yield for District 13 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 13 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$96.43$132.14$132.74
B1 & Below · >30 - 100$241.66$262.57$319.75
Level 1 · >30 - 100$111.50$161.47$183.00
Level 2 & 3 · >100 - 300$146.63$153.35$165.46
Level 1 · >100 - 300$98.20$129.67$136.10

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 The Commerze@Irving right now?

Key takeaway55 units are currently listed at The Commerze@Irving33 for sale and 22 for rent. One row per unit; several agents often market the same unit.

For sale (33)

  • The Commerze @ Irving5 agentsS$550k · 431 sqft
  • The Commerze @ Irving2 agentsS$1.10M · 1,378 sqft
  • The Commerze @ IrvingS$480k · 431 sqft
  • The Commerze @ Irving2 agentsS$650k · 431 sqft

For rent (22)

  • The Commerze @ Irving2 agentsS$3k/mo · 431 sqft
  • The Commerze @ IrvingS$5k/mo · 377 sqft
  • The Commerze @ Irving2 agentsS$2k/mo · 386 sqft
  • The Commerze @ IrvingS$1k/mo · 280 sqft

Browse every listing at this building →

8

What is near The Commerze@Irving?

Key takeawayThe nearest MRT/LRT is Tai Seng MRT, about 248 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Tai Seng MRT Exit A · 136 mAsiawide Ind Bldg · 156 mThe Clinic @ Tai Seng · 268 mBusiness Park · 357 mPlace Of Worship · 401 mPaya Lebar Road Park · 444 mEducational Institution · 493 mHotel · 855 m

Competing premises nearby

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

Sarathi Stores Pte Ltd · 155 mBlk 80 Circuit Road · 935 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at The Commerze@Irving?

Key takeawayACRA records 551 live company registrations at this address, 196 of them in the last three years.
Live registrations
551
Registered last 3 years
196
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 The Commerze@Irving

Where is The Commerze@Irving?

The Commerze@Irving is at 1 Irving Place, Singapore 369546, in the Toa Payoh planning area.

What is The Commerze@Irving zoned as?

The Commerze@Irving sits on land zoned business 1 - white under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of The Commerze@Irving?

The Commerze@Irving is leasehold. About 45 years remain on the lease.

What have units at The Commerze@Irving sold for?

Across 72 recorded transactions, the median price is S$1,707 psf. The latest was in March 2026.

What is the nearest MRT station to The Commerze@Irving?

Tai Seng MRT is the closest, 248 m away (about a 4-minute walk).

How many businesses are registered at The Commerze@Irving?

551 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.

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