The Paragon
The Paragon is a commercial building in District 9 · Orchard, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.9. It is freehold. 1 transaction is on record since 1995, most recently in Jul 2013. 3 units are currently listed for sale or rent. ACRA records 288 live company registrations at this address.
What are the key facts about The Paragon?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.9
- Tenure
- Freehold
- District / Area
- District 9 · Orchard
- Address
- 290 Orchard Road
- Land area
- 16,644 sqm
- Completed
- Not on record
- Storeys
- 6 (© OpenStreetMap contributors)
- Owner
- CapitaLand Integrated Commercial Trust (SGX filings)
- Net lettable area
- 714,915 sq ft (the owner's SGX filings)
- Submarket
- Orchard
- Listed as
- Food & Beverage, Mall Shop
- Transactions on record
- 1 (records start 1995)
- Live listings
- 3
- ACRA registrations
- 288
Who owns The Paragon, and what is it valued at?
- Announced 20 Apr 2026 · completed 1 Jul 2026CICT bought Paragon for S$3,900 million (agreed property value) from Cuscaden Peak.At the time: NLA 714,915 sq ft · occupancy 100% (31 Jan 2026)
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.
About The Paragon
The Paragon is a commercial building in Orchard (District 09). It is located along Orchard Road, Singapore 238859.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.9. It lies inside the Central Area.
The site is freehold. It occupies roughly 16,644 sqm of land with about 94,411 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$13,377 psf. The most recent was in July 2013.
329 businesses are currently registered at this address with ACRA.
The nearest MRT is Somerset MRT, 541 m away (about a 8-minute walk). The closest bus stop (Orchard Stn/Lucky Plaza) is 202 m away (about a 3-minute walk).
What is The Paragon zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.9
- Urban design area
- Udga
- Central Area
- Yes
What has The Paragon sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2013 | Retail | S$2500.00M | 186,887 sqft | $13,377 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at The Paragon rent for?
Retail space on Orchard Road
Street level · 2026Q3S$ per sq ft per month · median -1.5% on a year earlier
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).
Office space on Orchard Road
Street level · 2026Q3S$ per sq ft per month · median +7.2% on a year earlier
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 — District 9 retail
Region band · 2026Q3S$ 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 9 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 Paragon
- Prime retail (Orchard): Capital value S$8,200 psf · Net yield 4.8%
- Orchard Road: Rent S$38.90 psf/mth
- Orchard: Rent S$36.58 psf/mth · Vacancy 7.1% (1Q 2026) · Planned / under construction 0.13m sq ft
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 Paragon
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 Paragon?
- 6 Oct 2026ApprovedChange of use to new takeaway food shop unit #01-xx
Proposed change of use of existing corridor space (part) to new takeaway food shop unit #01-XX
- 6 Aug 2026ApprovedFloor 4Change of use to massage establishment
Proposed change of use of units #04-XX, #04-XX & #04-XX to massage establishment
- 1 Jul 2026ApprovedAdditions & alterations
Proposed addition and alteration to existing departmental store from 2nd to 5th storey (podium) involving new m&e shafts for upgrading of existing smoke ventilation system at existing paragon building
- 24 Jun 2026ApprovedFloor 3Change of use to restaurant
Proposed reconfiguration & change of use of unit #03-XX to restaurant and units #03-XX, #03-XX, #03-XX, #03-XX, #03-XX, #03-XX, #03-XX & #03-XX to shop
- 22 Jan 2026ApprovedChange of use to restaurant
Proposed change of use of units #B1-XX and #B1-XX to restaurant
- 26 Dec 2025ApprovedFloor 2Change of use to restaurant
Proposed change of use of unit #02-XX to restaurant
- 26 Nov 2025ApprovedAdditions & alterations
Proposed change of use at existing paragon building
- 10 Nov 2025ApprovedFloor B1Change of use to restaurant
Proposed change of use of unit #B1-XX to restaurant
- 10 Oct 2025ApprovedFloor 5Change of use to massage establishment
Proposed change of use of unit #05-XX to massage establishment
- 11 Jul 2025ApprovedFloor 6Change of use
Proposed change of use of units #06-XX & #06-XX to part lounge and part corridor
- 13 Jun 2025ApprovedFloor 4Change of use to restaurant
Proposed change of use of units #04-XX, #04-XX & #04-XX to restaurant
- 11 Apr 2025ApprovedFloors 1, 2Additions & alterations
Proposed additions & alterations involving new staircase at tenancy units no #01-XX & #02-XX (bottega veneta) at 1st & 2nd storey of paragon shopping centre on
107 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$54.50 per unit).
How does Orchard Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near The Paragon?
Indicative area yield — District 9 retail
An INDICATIVE AREA yield for District 9 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 9 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 4 & Above · 30 & Below | $101.79 | $127.98 | $144.93 |
| B1 & Below · 30 & Below | $231.82 | $392.95 | $544.95 |
| Level 2 & 3 · 30 & Below | $97.06 | $128.26 | $157.50 |
| Level 1 · 30 & Below | $131.15 | $157.04 | $196.05 |
| Level 1 · >30 - 100 | $112.35 | $161.16 | $217.81 |
| Level 2 & 3 · >30 - 100 | $91.89 | $118.41 | $156.35 |
| Level 4 & Above · >30 - 100 | $81.28 | $100.52 | $133.94 |
| B1 & Below · >30 - 100 | $155.98 | $328.55 | $492.13 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th 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.
What is available at The Paragon right now?
For sale (1)
- Freehold Foodcourt @ Lucky Plaza OrchardS$24.89M · 3,045 sqft
For rent (2)
- Ion Orchard Wisma Wheelock Paragon Retail Jewellery Luxury ShopS$24k/mo · 1,090 sqft
- ⭐️Orchard Rd Mall⭐️ Prime B1 Kiosk2 agentsS$13k/mo · 220 sqft
What is near The Paragon?
Getting around
- Somerset MRT541 m · ~8 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.
Getting there and parking at The Paragon
nearest MRT/LRT Orchard (TE14/NS22) 357 m, about 122,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 7, about 33,000 taps a weekday; Orchard: 44,871 resident workers (Census 2020, by workplace); about 17,000 residents within 1 km (June 2026); 17 other malls 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.
Stations within 1 km
- Orchard (TE14 / NS22)357 m · about 122,000 weekday taps
- Somerset (NS23)454 m · about 66,000 weekday taps
- Great World (TE15)877 m · about 21,000 weekday taps
- Newton (NS21 / DT11)932 m · about 116,000 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 Paragon. Transfers between lines don't tap, so interchanges read low.
Bus
7 bus stops within 400 m, with about 33,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Paragon (development car park)27 mrates not published as open data
- Hilton Orchard (development car park)205 mrates not published as open data
- Ngee Ann City (development car park)219 mrates not published as open data
- The Heeren (development car park)225 mrates not published as open data
- Hullet Rd (URA)238 mS$1.20 per half-hour at midday on a weekday · 3 car lots
Public car parks only, by straight-line distance, with the operator's published rates. The Paragon's own car park, if it has one, and its charges are not in the open data.
Who's registered at The Paragon?
- Financial and insurance126
- Health and social services89
- Wholesale and retail trade29
- Professional, scientific and technical services15
- Other services10
- Information and communications5
- Administrative and support services3
- Education3
- Manufacturing2
- Accommodation and food services2
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.
What is The Paragon's BCA building profile?
- BCA building type
- Retail
- Green Mark
- Certified (2018)
- Energy use intensity
- 379 kWh/m²·yr
Frequently asked questions about The Paragon
Where is The Paragon?⌄
The Paragon is at 290 Orchard Road, Singapore 238859, in the Orchard planning area.
What is The Paragon zoned as?⌄
The Paragon sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.9.
What is the tenure of The Paragon?⌄
The Paragon is freehold.
What have units at The Paragon sold for?⌄
Across 1 recorded transaction, the median price is S$13,377 psf. The latest was in July 2013.
What is the nearest MRT station to The Paragon?⌄
Somerset MRT is the closest, 541 m away (about a 8-minute walk).
How many businesses are registered at The Paragon?⌄
329 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 The Paragon.
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.