CommercialCOMMERCIALDistrict 7 · Downtown Core

The Concourse

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

The Concourse is a commercial building in District 7 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. 34 units are currently listed for rent. ACRA records 333 live company registrations at this address.

1

What are the key facts about The Concourse?

Key takeawayThe Concourse is a commercial building in District 7 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 7 · Downtown Core
Address
300 Beach Road
Land area
20,493 sqm
Completed
1995 (per Wikipedia)
Storeys
43 (per Wikipedia)
Owner
Hong Fok Corporation (part of the strata) (SGX filings)
Submarket
City Hall / Bugis
Transactions on record
None recorded
Live listings
34
ACRA registrations
333

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

Who owns The Concourse, and what is it valued at?

Key takeawayHong Fok Corporation holds part of The Concourse. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
Valued at S$1,619.4 million as at 31 Dec 2025, by Jones Lang Lasalle Property Consultants Pte Ltd.
retail and office units

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About The Concourse

The Concourse is a mixed-use building in Downtown Core (District 07). It is located along Beach Road, Singapore 199555.

Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.

It occupies roughly 20,493 sqm of land.

346 businesses are currently registered at this address with ACRA.

The nearest MRT is Nicoll Highway MRT, 189 m away (about a 3-minute walk). The closest bus stop (Opp Nicoll Highway Stn) is 49 m away (about a 1-minute walk). Suntec City is 637 m away (about a 10-minute walk).

4

What is The Concourse zoned as?

Key takeawayThe Concourse sits on land zoned COMMERCIAL, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Urban design area
Udga
Central Area
Yes

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.

BCA-verified envelope: built 62,392 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 →

5

What does space at The Concourse rent for?

Key takeawayNo rent is published for The Concourse itself. On its street, Beach Road, office space rented at a median of $6.34 psf a month in 2026Q3, with the middle half of leases between $4.53 and $7.80. That is not this building's own rent, and never a quote for a particular unit.

Office space on Beach Road

Street level · 2026Q3
25th pct
$4.53
$48.81 psm
Median
$6.34
$68.23 psm
75th pct
$7.80
$83.96 psm

S$ per sq ft per month · median +5.2% on a year earlier

2023Q4 · $75.37 psm2026Q3 · $68.23 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on Beach Road

Street level · 2026Q3
25th pct
$5.08
$54.71 psm
Median
$6.97
$75.04 psm
75th pct
$9.18
$98.77 psm

S$ per sq ft per month · median -5.1% on a year earlier

2023Q4 · $80.00 psm2026Q3 · $75.04 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 7 retail

Region band · 2026Q3
25th pct
$7.09
$76.30 psm
Median
$9.31
$100.25 psm
75th pct
$13.31
$143.24 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 7 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

6

Market context around The Concourse

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Fringe CBD: Vacancy 7.2%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • City Hall / Marina Centre: Rent S$11.36 psf/mth · Vacancy 3.2% · Planned / under construction 0.00m sq ft
  • Bugis: Rent S$12.12 psf/mth · Vacancy 11.9% · Planned / under construction 0.56m sq ft
Singapore Office MarketBeat Q2 2026

Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

7

How fast units move at The Concourse

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 34 units for rent; 0 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at The Concourse?

Key takeawayURA has approved 10 changes of use at The Concourse since 2000, most recently in 2025. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 9 Jun 2025Agency worksFloor 33
    Change of use to commercial school

    Lodgment for proposed use of units #33-XX & #33-XX as commercial school

  2. 21 Jan 2025Agency worksFloor 5
    Change of use to commercial school

    Lodgment for proposed use of units #05-XX and #05-XX as commercial school

  3. 18 Dec 2024ApprovedFloor 20
    Change of use: office → commercial school

    Proposed change of use of units #20-XX, #20-XX and #20-XX from office to commercial school at the concourse

  4. 3 Dec 2020ApprovedFloor 33
    Change of use to office

    Proposed change of use of unit #33-XX to office at the concourse

  5. 28 Sept 2020ApprovedFloor 33
    Change of use to commercial school

    Proposed change of use of unit #33-XX to commercial school at the concourse

  6. 23 Sept 2020ApprovedFloor 2
    Change of use: shop units #02-xx and #02-xx → fitness center

    Proposed change of use from shop units #02-XX and #02-XX to fitness center at the concourse

  7. 11 Aug 2016ApprovedFloor 1
    Change of use to restaurant cum bar

    Proposed change of use of unit #01-XX to restaurant cum bar - the concourse

  8. 31 Mar 2014Approved
    Additions & alterations

    Proposed amendment to approved a/a & reconstruction of ext'g concourse shops/apts to 4/7 sty podium carpark/apts, 1st sty commercial, 2 blks 20/28 & 34/40 sty resi flats (360 units) with communal facilities on lot 01110v (formerly lots 1040t & 1043n) ts 13 at beach rd (kallang)

  9. 26 Jul 2013Approved
    Additions & alterations

    Proposed amendment to approved a/a & reconstruction of existing concourse shops/apartments to 4/7 storey podium carpark/apartments, 1st storey commercial, 2 blocks 20/28 & 34/40 storey residential flats (360 units) with communal facilities

  10. 11 Feb 2008Approved
    Change of use to shops

    Proposed change of use of part of the office lobby areas at 1st and 2nd storey of the concourse to shops

  11. 14 Sept 2004Approved
    Additions & alterations

    4th extn of wp - a/a (enclosure of existing roof terraces) to the even floors between 10th to 38th sty of the concourse

  12. 20 Nov 2003Approved
    Additions & alterations

    Proposed amendment to the approved addition and altertion (enclosure of existing roof terraces) to the even floors between 10th to 38th storey of the concourse

4 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

9

How does Beach Road price?

Key takeawayAcross 87 strata sales on Beach Road in the last 5 years, the median is $1,634 psf.
Strata sales on the street (5y)
87
Street median PSF (strata)
$1,634

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

10

What do commercial rents run near The Concourse?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)
4.8%
4.3% net of property tax
Rent side (median of bands)
$100.25 psm/mo
2026Q3
Price side (strata, 5y)
$2,348 psf
241 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$93.33$113.33$165.94
Level 4 & Above · 30 & Below$69.42$79.17$140.05
B1 & Below · 30 & Below$94.66$392.16$721.70
Level 2 & 3 · 30 & Below$71.79$88.95$100.36
Level 1 · >30 - 100$84.41$129.03$192.55
Level 2 & 3 · >30 - 100$53.85$86.57$113.16
B1 & Below · >30 - 100$71.03$80.88$146.17
Level 4 & Above · >30 - 100$47.06$59.43$68.42

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th pct
Category 2 · 100 & Below$54.65$69.39$88.80
Category 1 · 100 & Below$103.62$122.24$132.43
Category 1 · >100 - 200$116.28$126.99$148.35
Category 2 · >100 - 200$65.57$82.87$97.63
Category 1 · >200 - 500$114.67$128.09$145.77
Category 2 · >200 - 500$64.83$82.57$94.73
Category 1 · >500 - 1000$106.56$137.78$148.23
Category 2 · >500 - 1000$85.04$89.34$109.80

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.

11

What is available at The Concourse right now?

Key takeaway34 units are currently listed at The Concourse. One row per unit; several agents often market the same unit.

For rent (34)

  • The ConcourseS$24k/mo · 2,949 sqft
  • The ConcourseS$28k/mo · 3,326 sqft
  • The ConcourseS$21k/mo · 2,464 sqft
  • The ConcourseS$27k/mo · 3,200 sqft

Browse every listing at this building →

12

What is near The Concourse?

Key takeawayThe nearest MRT/LRT is Nicoll Highway MRT, about 189 m away.

Getting around

Amenities nearby

Opp Nicoll Highway Stn · 49 mThe Hale Medical Clinic · 65 mHotel · 116 mNicoll Highway MRT Exit A · 156 mKampong Glam Pk · 214 mPlace Of Worship · 227 mDearn Kapag Pte. Ltd. · 234 mKampong Glam Community Club · 281 mGolden Mile Food Centre · 330 mEducational Institution · 334 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at The Concourse

Key takeawayThe nearest station is Nicoll Highway (CC5), 155 m away — a quiet station, with about 10,000 taps in and out on an average weekday. 32 public car parks are within 500 m; the cheapest URA season parking nearby is S$125 a month.
Foot traffic: busier than 29% of office buildings

nearest MRT/LRT Nicoll Highway (CC5) 155 m, about 10,000 taps a weekday; 4 more stations within 1 km; bus stops within 400 m: 9, about 8,141 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 18,000 residents within 1 km (June 2026). Ranked against 485 office buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Stations within 1 km

  • Nicoll Highway (CC5)155 m · about 10,000 weekday taps
  • Bugis (EW12 / DT14)555 m · about 109,000 weekday taps
  • Lavender (EW11)727 m · about 39,000 weekday taps
  • Promenade (CC4 / DT15)765 m · about 45,000 weekday taps
  • Jalan Besar (DT22)900 m · about 21,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to The Concourse. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with 8,141 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Kampong Glam Area (URA)144 m
    season S$125/month
  • Beach Rd (URA)190 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Pahang St Off St (URA)191 m
    S$0.75 per half-hour at midday on a weekday · 32 car lots
  • Pahang St (URA)194 m
    S$0.60 per half-hour at midday on a weekday · 25 car lots
  • Sultan Gate (URA)195 m
    S$0.60 per half-hour at midday on a weekday · 21 car lots

Public car parks only, by straight-line distance, with the operator's published rates. The Concourse's own car park, if it has one, and its charges are not in the open data.

14

Who's registered at The Concourse?

Key takeaway333 live companies (and LLPs and branches; sole proprietors are not counted) list The Concourse as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    88
  • Professional, scientific and technical services
    65
  • Wholesale and retail trade
    48
  • Transportation and storage
    47
  • Real estate
    31
  • Administrative and support services
    15
  • Information and communications
    11
  • Construction
    6
  • Manufacturing
    5
  • Accommodation and food services
    4

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

15

What is The Concourse's BCA building profile?

BCA building type
Office
Green Mark
Platinum (2013)
Energy use intensity
132 kWh/m²·yr
16

Frequently asked questions about The Concourse

Where is The Concourse?⌄

The Concourse is at 300 Beach Road, Singapore 199555, in the Downtown Core planning area.

What is The Concourse zoned as?⌄

The Concourse sits on land zoned commercial under the URA Master Plan.

Have there been any recorded transactions at The Concourse?⌄

No caveats have been lodged for The Concourse in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to The Concourse?⌄

Nicoll Highway MRT is the closest, 189 m away (about a 3-minute walk).

How many businesses are registered at The Concourse?⌄

346 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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