CommercialCOMMERCIALLeaseholdDistrict 3 · Bukit Merah

Tiong Bahru Plaza

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2001
Quick Summary

Tiong Bahru Plaza is a commercial building in District 3 · Bukit Merah, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 64 years remaining. 1 transaction is on record since 1995, most recently in Dec 2001. 2 units are currently listed for sale or rent. ACRA records 5 live company registrations at this address.

1

What are the key facts about Tiong Bahru Plaza?

Key takeawayTiong Bahru Plaza is a commercial building in District 3 · Bukit Merah, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Leasehold
District / Area
District 3 · Bukit Merah
Address
302 Tiong Bahru Road
Land area
15,252 sqm
Completed
Not on record
Storeys
Not on record
Owner
Frasers Centrepoint Trust (SGX filings)
Net lettable area
171,136 sq ft (the owner's annual report (as filed on SGX))
Car-park lots
338 (the owner's annual report (as filed on SGX))
Submarket
City Fringe
Listed as
Food & Beverage, Shop / Shophouse
Transactions on record
1 (records start 1995)
Live listings
2
ACRA registrations
5
2

Who owns Tiong Bahru Plaza, and what is it valued at?

Key takeawayTiong Bahru Plaza is owned by Frasers Centrepoint Trust, a REIT listed on SGX. 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.
Tiong Bahru Plaza: Frasers Centrepoint Trust's annual report (2025)
Net lettable area
171,136 sq ft
Committed occupancy
94.6%
Car-park lots
338
Land tenure
99-year leasehold from 1 September 1991
Green Mark
BCA Green Mark Gold (GM: 2021 In Operation)
Major tenants
NTUC FairPrice, Beauty One International, United Overseas Bank Limited, Hanbaobao Pte. Ltd., DBS Bank Ltd

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 Tiong Bahru Plaza

Tiong Bahru Plaza is a commercial building in Bukit Merah (District 03). It is located along Tiong Bahru Road, Singapore 168732.

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

The site is leasehold, with about 64 years remaining on the lease. It occupies roughly 15,252 sqm of land with about 48,235 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$1,055 psf. The most recent was in December 2001.

9 businesses are currently registered at this address with ACRA.

The nearest MRT is Tiong Bahru MRT, 28 m away (about a 0-minute walk). The closest bus stop (Tiong Bahru Stn/Plaza) is 38 m away (about a 1-minute walk).

4

What is Tiong Bahru Plaza zoned as?

Key takeawayTiong Bahru Plaza sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
BCA-verified envelope: allowable GFA 45,756 sqm · built 27,349 sqm · headroom 18,407 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 has Tiong Bahru Plaza sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2001 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2001RetailS$192.00M182,056 sqft$1,055

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

6

What does space at Tiong Bahru Plaza rent for?

Key takeawayNo rent is published for Tiong Bahru Plaza itself. On its street, Tiong Bahru Road, retail space rented at a median of $26.65 psf a month in 2026Q3, with the middle half of leases between $19.61 and $37.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Tiong Bahru Road

Street level · 2026Q3
25th pct
$19.61
$211.13 psm
Median
$26.65
$286.81 psm
75th pct
$37.61
$404.82 psm

S$ per sq ft per month · median -8.9% on a year earlier

2023Q4 · $211.19 psm2026Q3 · $286.81 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).

Office space on Tiong Bahru Road

Street level · 2026Q3
25th pct
—
— psm
Median
$7.60
$81.82 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2022Q2 · $75.00 psm2026Q3 · $81.82 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 — District 3 retail

Region band · 2026Q3
25th pct
$7.49
$80.65 psm
Median
$10.49
$112.95 psm
75th pct
$14.10
$151.72 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 3 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).

7

Market context around Tiong Bahru Plaza

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.

8

How fast units move at Tiong Bahru Plaza

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing 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.

9

What's been approved at Tiong Bahru Plaza?

Key takeawayURA has approved 45 changes of use at Tiong Bahru Plaza since 2000, most recently in 2026. 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. 23 Jul 2026ApprovedFloor 2
    Change of use to amusement centre

    Proposed change of use of unit #02-XX to amusement centre

  2. 12 May 2026ApprovedFloor 4
    Change of use to indoor playground with ancillary restaurant

    Proposed change of use of units #04-XX & #04-XX to indoor playground with ancillary restaurant

  3. 21 Jan 2026ApprovedFloor 1
    Change of use to restaurant

    Proposed change of use of unit #01-XX at tiong bahru plaza to restaurant

  4. 15 Dec 2025ApprovedFloor 2
    Change of use to amusement centre

    Proposed change of use of unit #02-XX to amusement centre

  5. 12 Sept 2025ApprovedFloor 2
    Change of use

    Proposed addition of live entertainment at existing restaurant unit #02-XX

  6. 5 Feb 2025RenewedFloor 4
    Continued use as massage establishment

    Continued use of unit #04-XX as massage establishment

  7. 4 Feb 2025RenewedFloor 1
    Continued use as restaurant with live entertainment

    Continued use of unit #01-XX tiong bahru plaza as restaurant with live entertainment

  8. 13 Oct 2024ApprovedFloor 2
    Change of use to restaurant

    Proposed change of use to unit #02-XX tiong bahru plaza to restaurant

  9. 15 Jul 2024ApprovedFloor 2
    Change of use to restaurant

    Proposed change of use of #02-XX & #02-XX tiong bahru plaza to restaurant

  10. 26 Jun 2024ApprovedFloor 1
    Change of use to restaurant

    Proposed change of use of #01-XX to restaurant at central plaza

  11. 20 Jul 2023ApprovedFloor 2
    Change of use to amusement centre

    Proposed change of use of shop unit #02-XX to amusement centre at tiong bahru plaza

  12. 8 Jun 2023ApprovedFloor 3
    Change of use to restaurant and #03-xx to supermarket

    Proposed change of use of units #03-XX & #03-XX to restaurant and #03-XX to supermarket at tiong bahru plaza

57 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).

10

What do commercial rents run near Tiong Bahru Plaza?

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

Indicative area yield — District 3 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$112.95 psm/mo
2026Q3
Price side (strata, 5y)
$3,294 psf
38 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$78.10$94.74$116.67
Level 1 · 30 & Below$73.20$92.12$107.33
Level 1 · >30 - 100$83.20$164.15$200.48
Level 2 & 3 · >30 - 100$58.43$67.44$75.00
Level 1 · >100 - 300$226.54$240.67$264.22
Level 2 & 3 · >100 - 300$83.56$131.15$186.77

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 Tiong Bahru Plaza right now?

Key takeaway2 units are currently listed at Tiong Bahru Plaza — 1 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • 302 Tiong Bahru Road, 168732S$5.67M · 1,259 sqft

For rent (1)

  • 302 Tiong Bahru Road, 168732S$15k/mo · 1,200 sqft

Browse every listing at this building →

12

What is near Tiong Bahru Plaza?

Key takeawayThe nearest MRT/LRT is Tiong Bahru MRT, about 28 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Tiong Bahru MRT Exit B · 7 mHua Mei Clinic · 25 mTiong Bahru Stn/Plaza · 38 mEducational Institution · 222 mKim Pong Park · 390 mPlace Of Worship · 417 mHenderson Community Club · 472 mHotel · 663 mBusiness Park · 746 mSingapore General Hospital · 1.0 km

Competing premises nearby

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

Tiong Bahru Plaza · 61 mNTUC Fairprice Co-operative Ltd · 61 mBeo Crescent Market · 279 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Tiong Bahru Plaza

Key takeawayThe nearest station is Tiong Bahru (EW17), 6 m away — a busy station, with about 52,000 taps in and out on an average weekday. 21 public car parks are within 500 m.
Foot traffic: busier than 86% of retail buildings

nearest MRT/LRT Tiong Bahru (EW17) 6 m, about 52,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 5, about 36,000 taps a weekday; Bukit Merah: 103,575 resident workers (Census 2020, by workplace); about 64,000 residents within 1 km (June 2026); 2 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

  • Tiong Bahru (EW17)6 m · about 52,000 weekday taps
  • Havelock (TE16)665 m · about 16,000 weekday taps
  • Great World (TE15)921 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 Tiong Bahru Plaza. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with about 36,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 34 Jalan Bukit Ho Swee (HDB)127 m
    S$0.60 per half-hour at midday on a weekday
  • Blk 11A Boon Tiong Road (HDB)127 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 360 car lots
  • Blk 18A Jalan Membina (HDB)157 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 666 car lots
  • Blk 28A Beo Crescent (HDB)207 m
    S$0.60 per half-hour at midday on a weekday · gantry 2 m · 229 car lots
  • Blk 8C Boon Tiong Road (HDB)243 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 496 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: Ganges Ave Off St, 761 m away, S$90/month.

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

14

Who's registered at Tiong Bahru Plaza?

Key takeaway5 live companies (and LLPs and branches; sole proprietors are not counted) list Tiong Bahru Plaza as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    2
  • Accommodation and food services
    2
  • Arts, entertainment and recreation
    1
  • Education
    0
  • Electricity, gas and air-conditioning supply
    0
  • Financial and insurance
    0
  • Other 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. ACRA, as of 2026-09-16.

15

What is Tiong Bahru Plaza's BCA building profile?

BCA building type
Retail
Green Mark
Platinum (2016)
Energy use intensity
662 kWh/m²·yr
16

Frequently asked questions about Tiong Bahru Plaza

Where is Tiong Bahru Plaza?⌄

Tiong Bahru Plaza is at 302 Tiong Bahru Road, Singapore 168732, in the Bukit Merah planning area.

What is Tiong Bahru Plaza zoned as?⌄

Tiong Bahru Plaza sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Tiong Bahru Plaza?⌄

Tiong Bahru Plaza is leasehold. About 64 years remain on the lease.

What have units at Tiong Bahru Plaza sold for?⌄

Across 1 recorded transaction, the median price is S$1,055 psf. The latest was in December 2001.

What is the nearest MRT station to Tiong Bahru Plaza?⌄

Tiong Bahru MRT is the closest, 28 m away (about a 0-minute walk).

How many businesses are registered at Tiong Bahru Plaza?⌄

9 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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