CommercialCOMMERCIALFreeholdDistrict 9 · Orchard

Tong Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2024
Quick Summary

Tong Building 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. 18 transactions are on record since 1995, most recently in Sept 2024. ACRA records 102 live company registrations at this address.

1

What are the key facts about Tong Building?

Key takeawayTong Building is a commercial building in District 9 · Orchard, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.9
Tenure
Freehold
District / Area
District 9 · Orchard
Address
302 Orchard Road
Land area
2,264 sqm
Transactions on record
18 (records start 1995)
Live listings
None
ACRA registrations
102
2

About Tong Building

Tong Building is a commercial building in Orchard (District 09). It is located along Orchard Road, Singapore 238862.

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 2,264 sqm of land with about 11,096 sqm of gross floor area.

18 transactions have been recorded here, at a median of S$2,366 psf. The most recent was in September 2024.

102 businesses are currently registered at this address with ACRA.

The nearest MRT is Somerset MRT, 626 m away (about a 10-minute walk). The closest bus stop (Orchard Stn/Lucky Plaza) is 74 m away (about a 1-minute walk).

3

What is Tong Building zoned as?

Key takeawayTong Building sits on land zoned COMMERCIAL with a gross plot ratio of 4.9, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
4.9
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 11,094 sqm · built 15,153 sqm · headroom -4,059 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 →

4

What has Tong Building sold for?

Key takeawayAcross 18 recorded transactions since 1995, the median price is about S$13.38M, most recently in Sept 2024.
DateUsePriceAreaPSF
Sept 2024OfficeS$35.00M6,867 sqft$5,097
Sept 2024OfficeS$33.50M6,867 sqft$4,878
Sept 2024OfficeS$31.33M6,867 sqft$4,562
Aug 2024RetailS$13.97M3,423 sqft$4,080
Oct 2017OfficeS$23.30M7,083 sqft$3,290
Apr 2016OfficeS$25.50M6,867 sqft$3,713
Dec 2010OfficeS$24.00M7,083 sqft$3,389
Aug 2008OfficeS$17.00M6,867 sqft$2,475
Jul 2008OfficeS$17.00M5,813 sqft$2,925
Oct 2007OfficeS$10.63M6,867 sqft$1,547

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 Orchard Road price?

Key takeawayAcross 135 strata sales on Orchard Road in the last 5 years, the median is $3,451 psf.
Strata sales on the street (5y)
135
Street median PSF (strata)
$3,451

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

6

What do commercial rents run near Tong Building?

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

Indicative area yield — District 9 retail

Gross yield (area)
3.6%
3.2% net of property tax
Rent side (median of bands)
$140.33 psm/mo
2026Q2
Price side (strata, 5y)
$4,374 psf
184 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$96.41$125.00$161.92
Level 1 · 30 & Below$116.17$145.26$294.10
B1 & Below · 30 & Below$211.72$338.73$498.21
Level 4 & Above · 30 & Below$90.90$124.33$165.55
Level 1 · >30 - 100$110.23$143.26$166.55
B1 & Below · >30 - 100$174.34$329.33$440.53
Level 2 & 3 · >30 - 100$101.61$137.40$180.53
Level 4 & Above · >30 - 100$100.04$115.15$145.94

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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 near Tong Building?

Key takeawayThe nearest MRT/LRT is Somerset MRT, about 626 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Orchard Stn/Lucky Plaza · 74 mDB Medical · 90 mHotel · 167 mMount Elizabeth Hospital · 178 mOrchard MRT Exit 3 · 230 mOrchard Fountain Corner · 406 mPlace Of Worship · 579 mEducational Institution · 843 mCairnhill Community Club · 846 m

Competing premises nearby

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

Paragon · 115 mCold Storage Singapore (1983) Pte Ltd · 115 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Tong Building?

Key takeawayACRA records 102 live company registrations at this address, 12 of them in the last three years.
Live registrations
102
Registered last 3 years
12
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.

9

What is Tong Building's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
151 kWh/m²·yr
10

Frequently asked questions about Tong Building

Where is Tong Building?

Tong Building is at 302 Orchard Road, Singapore 238862, in the Orchard planning area.

What is Tong Building zoned as?

Tong Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.9.

What is the tenure of Tong Building?

Tong Building is freehold.

What have units at Tong Building sold for?

Across 18 recorded transactions, the median price is S$2,366 psf. The latest was in September 2024.

What is the nearest MRT station to Tong Building?

Somerset MRT is the closest, 626 m away (about a 10-minute walk).

How many businesses are registered at Tong Building?

102 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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