CommercialRESIDENTIALLeaseholdDistrict 4 · Bukit Merah

The Interlace

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2024

Quick Summary

The Interlace is a commercial building in District 4 · Bukit Merah, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.1. It is leasehold with roughly 82 years remaining. 6 transactions are on record since 1995, most recently in Jun 2024. 9 units are currently listed for sale or rent. ACRA records 6 live company registrations at this address.

The facts are here — now get the verdict on The Interlace.

Ask PropKaki

What are the key facts about The Interlace?

Key takeawayThe Interlace is a commercial building in District 4 · Bukit Merah, zoned RESIDENTIAL, held leasehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.1
Tenure: Leasehold
District / Area: District 4 · Bukit Merah
Address: 180 Depot Road
Land area: 80,763 sqm
Completed: Not on record
Storeys: Not on record
Strata lots (whole development, MCST): 1,048
Managing agent: SAVILLS PROPERTY MANAGEMENT PTE LTD
Strata formed: 2014 (MCST 4120)
Submarket: City Fringe
Units with a recorded sale: At least 5
Transactions on record: 6 (records start 1995)
Live listings: 9
ACRA registrations: 6

About The Interlace

The Interlace is a mixed-use building in Bukit Merah (District 04). It is located along Depot Road, Singapore 109684.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.1.

The site is leasehold, with about 82 years remaining on the lease. It occupies roughly 80,763 sqm of land with about 180,663 sqm of gross floor area.

6 transactions have been recorded here, at a median of S$2,289 psf. The most recent was in June 2024.

6 businesses are currently registered at this address with ACRA.

The closest bus stop (The Interlace) is 84 m away (about a 1-minute walk).

What is The Interlace zoned as?

Key takeawayThe Interlace sits on land zoned RESIDENTIAL with a gross plot ratio of 2.1.

Land-use zone: RESIDENTIAL
Gross plot ratio: 2.1

Run the full zoning report for this building →

What has The Interlace sold for?

Key takeaway6 transactions are on record since 1995, most recently in Jun 2024 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jun 2024	Retail	S$900k	388 sqft	$2,323
Mar 2020	Retail	S$950k	947 sqft	$1,003
Jul 2018	Retail	S$830k	570 sqft	$1,455
Jan 2014	Retail	S$1.53M	614 sqft	$2,502
Jan 2014	Retail	S$1.00M	388 sqft	$2,581
Jan 2014	Retail	S$2.50M	1,109 sqft	$2,255

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. sqm ↔ sq ft converter

What does space at The Interlace rent for?

Key takeawayNo street- or building-level rent is published here. Across District 4 retail, retail space rented at a median of $22.45 psf a month in 2026Q3, with the middle half of leases between $17.17 and $27.49. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 4 retail

Region band · 2026Q3

25th pct

$17.17

$184.86 psm

Median

$22.45

$241.61 psm

75th pct

$27.49

$295.93 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 4 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).

Market context around The Interlace

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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.

How fast units move at The Interlace

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 6 units for rent; 3 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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 0 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.

What's been approved at The Interlace?

Key takeawayURA has approved 4 changes of use at The Interlace since 2000, most recently in 2016. 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.

2 Nov 2018RenewedFloor 1
Continued use as restaurant
Continued use of shop unit #01-XX as restaurant
29 Nov 2016ApprovedFloor 6
Additions & alterations
Proposed additions & alterations involving new timber trellis at roof garden of unit #06-XX of the existing condominium housing development (the interlace)
18 Nov 2016ApprovedFloor 1
Change of use to commercial school
Proposed change of use of unit #01-XX to commercial school - the interlace
2 Nov 2015ApprovedFloor 1
Change of use to restaurant
Proposed change of use of shop unit #01-XX to restaurant on lot 04068l mk01 at 180 depot road - the interlace (bukit merah planning area)
27 Mar 2015ApprovedFloor 1
Change of use to restaurant
Proposed change of use of shop unit #01-XX to restaurant
9 Sept 2014ApprovedFloor 1
Change of use to restaurant
Proposed change of use of shop unit #01-XX to restaurant at the interlace

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).

How does Depot Road price?

Strata sales on the street (5y)

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 The Interlace?

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

Retail rents — District 4 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · >30 - 100	$327.15	$377.29	$413.21
Level 2 & 3 · >30 - 100	$438.57	$460.53	$532.53
Level 1 · >30 - 100	$210.99	$452.85	$613.41
B1 & Below · >100 - 300	$158.73	$202.94	$277.38
Level 2 & 3 · >100 - 300	$230.89	$234.71	$285.90
Level 1 · >100 - 300	$102.84	$248.51	$305.96
Level 1 · >300	$118.87	$146.96	$173.51
Level 2 & 3 · >300	$126.62	$129.06	$145.34

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 The Interlace right now?

Key takeaway9 units are currently listed at The Interlace — 3 for sale and 6 for rent. One row per unit; several agents often market the same unit.

For sale (3)

The InterlaceS$1.40M · 580 sqft
The InterlaceS$1.45M · 580 sqft
The Interlace2 agentsS$1.25M · 376 sqft

For rent (6)

The InterlaceS$12k/mo · 950 sqft
The InterlaceS$2k/mo · 190 sqft
The interlace2 agentsS$4k/mo · 570 sqft
Interlace2 agentsS$2k/mo · 200 sqft

Browse every listing at this building →

What is near The Interlace?

Amenities nearby

Acacia Medical Clinic · 20 mThe Interlace · 84 mAlexandra Hospital · 503 mHotel · 605 mEducational Institution · 626 mBusiness Park · 681 mPlace Of Worship · 945 mTelok Blangah Community Club · 956 mPort / Airport · 1.4 km

Competing premises nearby

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

Alexandra Village Food Centre · 507 mAnchorpoint · 769 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at The Interlace

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Labrador Park, 1.1 km away. 3 public car parks are within 500 m.

Foot traffic: busier than 4% of retail buildings

no MRT/LRT within 1 km (nearest Labrador Park, 1.1 km); bus stops within 400 m: 4, about 4,403 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 26,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Bus

4 bus stops within 400 m, with 4,403 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 120/120A/121-127 Alexandra Village (HDB)401 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 277 car lots
Blk 1001/1010 Bukit Merah Lane 1/3 (JTC)449 m
Blk 113/114 Depot Road (HDB)478 m
S$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 43 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Pasir Panjang Road Are A, 1.0 km away, S$90/month.

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

Who's registered at The Interlace?

Key takeaway6 live companies (and LLPs and branches; sole proprietors are not counted) list The Interlace as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
1
Education
1
Health and social services
1
Information and communications
1
Administrative and support services
1
Arts, entertainment and recreation
1
Professional, scientific and technical services
0

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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

Frequently asked questions about The Interlace

Where is The Interlace?⌄

The Interlace is at 180 Depot Road, Singapore 109684, in the Bukit Merah planning area.

What is The Interlace zoned as?⌄

The Interlace sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.1.

What is the tenure of The Interlace?⌄

The Interlace is leasehold. About 82 years remain on the lease.

What have units at The Interlace sold for?⌄

Across 6 recorded transactions, the median price is S$2,289 psf. The latest was in June 2024.

How many businesses are registered at The Interlace?⌄

6 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.

For agents · in the PropKaki app

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This development is also registered as the residential project The Interlace.

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.