CommercialCOMMERCIAL999-year leaseholdDistrict 1 · Downtown Core

Tpi Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 1995
Quick Summary

Tpi Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 12.6. It is 999-year leasehold. 3 transactions are on record since 1995, most recently in Nov 1995. 5 units are currently listed for sale or rent. ACRA records 13 live company registrations at this address.

1

What are the key facts about Tpi Building?

Key takeawayTpi Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
12.6
Tenure
999-year leasehold
District / Area
District 1 · Downtown Core
Address
62 Cecil Street
Land area
434 sqm
Transactions on record
3 (records start 1995)
Live listings
5
ACRA registrations
13
2

About Tpi Building

Tpi Building is a commercial building in Downtown Core (District 01). It is located along Cecil Street, Singapore 049710.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 12.6. It lies inside the Central Area.

The site is 999-year leasehold, with about 857 years remaining on the lease. It occupies roughly 434 sqm of land with about 5,474 sqm of gross floor area.

3 transactions have been recorded here, at a median of S$1,399 psf. The most recent was in November 1995.

13 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 90 m away (about a 1-minute walk). The closest bus stop (Telok Ayer Stn Exit A) is 70 m away (about a 1-minute walk). Republic Plaza is 194 m away (about a 3-minute walk).

3

What is Tpi Building zoned as?

Key takeawayTpi Building sits on land zoned COMMERCIAL with a gross plot ratio of 12.6, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
12.6
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Tpi Building sold for?

Key takeaway3 transactions are on record since 1995, most recently in Nov 1995 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 1995OfficeS$3.62M2,562 sqft$1,413
Nov 1995OfficeS$4.20M3,003 sqft$1,399
Sept 1995OfficeS$7.15M6,491 sqft$1,102

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 Cecil Street price?

Key takeawayAcross 112 strata sales on Cecil Street in the last 5 years, the median is $3,451 psf.
Strata sales on the street (5y)
112
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 Tpi 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 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 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 1 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

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 available at Tpi Building right now?

Key takeaway5 units are currently listed at Tpi Building4 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (4)

  • Tpi BuildingS$30.00M · 7,858 sqft
  • Tpi Building3 agentsS$15.00M · 3,929 sqft
  • RARE 999y CBD Strata office more than 3% yield! FOR SALES$30.00M · 7,900 sqft
  • MUST SEE!! Thriving Male Host Club business for saleS$1000k · 7,000 sqft

For rent (1)

  • Thriving Male Host Club / KTV for takeover!! Cheappp!S$50k/mo · 7,000 sqft

Browse every listing at this building →

8

What is near Tpi Building?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 91 m away.

Getting around

Amenities nearby

Hotel · 25 mProvidence Medical Centre · 59 mTelok Ayer MRT Exit C · 70 mTelok Ayer Stn Exit A · 70 mMarket Street Park · 170 mRepublic Plaza · 194 mMarket Street Hawker Centre · 205 mPlace Of Worship · 209 mAl Marche Pte Ltd · 387 mKreta Ayer Community Club · 723 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Tpi Building?

Key takeawayACRA records 13 live company registrations at this address, 10 of them in the last three years.
Live registrations
13
Registered last 3 years
10
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.

10

Frequently asked questions about Tpi Building

Where is Tpi Building?

Tpi Building is at 62 Cecil Street, Singapore 049710, in the Downtown Core planning area.

What is Tpi Building zoned as?

Tpi Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 12.6.

What is the tenure of Tpi Building?

Tpi Building is 999-year leasehold. About 857 years remain on the lease.

What have units at Tpi Building sold for?

Across 3 recorded transactions, the median price is S$1,399 psf. The latest was in November 1995.

What is the nearest MRT station to Tpi Building?

Telok Ayer MRT is the closest, 90 m away (about a 1-minute walk).

How many businesses are registered at Tpi Building?

13 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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