CommercialCOMMERCIAL & RESIDENTIALDistrict 21 · Bukit Timah

Uob Centre

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Uob Centre is a commercial building in District 21 · Bukit Timah, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Uob Centre.

Ask PropKaki

What are the key facts about Uob Centre?

Key takeawayUob Centre is a commercial building in District 21 · Bukit Timah, zoned COMMERCIAL & RESIDENTIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 3.0
Tenure: Not on record
District / Area: District 21 · Bukit Timah
Address: 148 Upper Bukit Timah Road
Land area: 781 sqm
Completed: Not on record
Storeys: 10 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 9
Managing agent: EXCELTEC PROPERTY MANAGEMENT PTE LTD
Strata formed: 2000 (MCST 2442)
Submarket: City Fringe
Transactions on record: None recorded
Live listings: None
ACRA registrations: 0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Uob Centre

Uob Centre is a mixed-use building in Bukit Timah (District 21). It is located along Upper Bukit Timah Road, Singapore 588178.

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

It occupies roughly 781 sqm of land with about 2,342 sqm of gross floor area.

1 business is currently registered at this address with ACRA.

The nearest MRT is Beauty World MRT, 171 m away (about a 3-minute walk). The closest bus stop (Beauty World Stn Exit B) is 67 m away (about a 1-minute walk). Kap Mall is 753 m away (about a 12-minute walk).

What is Uob Centre zoned as?

Key takeawayUob Centre sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.

Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 3.0
Urban design area: Beauty World Ud Area

BCA-verified envelope: allowable GFA 2,343 sqm · built 2,340 sqm · headroom 3 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 →

What does space at Uob Centre rent for?

Key takeawayNo rent is published for Uob Centre itself. On its street, Upper Bukit Timah Road, retail space rented at a median of $9.33 psf a month in 2026Q3, with the middle half of leases between $6.09 and $13.40. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Upper Bukit Timah Road

Street level · 2026Q3

25th pct

$6.09

$65.52 psm

Median

$9.33

$100.48 psm

75th pct

$13.40

$144.29 psm

S$ per sq ft per month · median +7.2% on a year earlier

2023Q4 · $100.00 psm2026Q3 · $100.48 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 Upper Bukit Timah Road

Street level · 2026Q3

25th pct

$5.69

$61.30 psm

Median

$8.96

$96.43 psm

75th pct

$11.97

$128.86 psm

S$ per sq ft per month · median +1.4% on a year earlier

2023Q4 · $102.14 psm2026Q3 · $96.43 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 21 retail

Region band · 2026Q3

25th pct

$6.85

$73.69 psm

Median

$9.06

$97.54 psm

75th pct

$12.39

$133.41 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 21 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 Uob Centre

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

CBRE, 2Q 2026

Decentralised: Vacancy 3.6%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m sq ft

Singapore Office MarketBeat Q2 2026

Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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.

What's been approved at Uob Centre?

Key takeawayURA has approved 2 changes of use at Uob Centre since 2000, most recently in 2024. 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.

5 Sept 2024ApprovedFloor 3
Change of use: office → commercial school
Proposed change of use of #03-XX from office to commercial school at uob centre
24 Mar 2022Approved
Change of use to bank with ancillary health and wellness area
Proposed change of use of 1st and 2nd storey premises to bank with ancillary health and wellness area

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 Upper Bukit Timah Road price?

Key takeawayAcross 45 strata sales on Upper Bukit Timah Road in the last 5 years, the median is $3,067 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$3,067

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

What do commercial rents run near Uob Centre?

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

Indicative area yield — District 21 retail

Gross yield (area)

3.4%

3.1% net of property tax

Rent side (median of bands)

$97.54 psm/mo

2026Q3

Price side (strata, 5y)

$3,167 psf

78 sales

An INDICATIVE AREA yield for District 21 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 21 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 4 & Above · 30 & Below	$75.00	$95.93	$296.05
B1 & Below · 30 & Below	$129.54	$130.87	$131.18
Level 2 & 3 · 30 & Below	$72.37	$91.30	$135.64
Level 1 · 30 & Below	$116.15	$117.71	$140.36
Level 2 & 3 · >30 - 100	$81.25	$90.65	$96.86
Level 1 · >30 - 100	$71.20	$99.14	$117.50
B1 & Below · >30 - 100	$69.66	$112.84	$146.06
Level 1 · >100 - 300	$71.86	$89.37	$105.73

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 near Uob Centre?

Key takeawayThe nearest MRT/LRT is Beauty World MRT, about 171 m away.

Getting around

Beauty World MRT171 m · ~3 min

Amenities nearby

Nam Seng Clinic · 51 mBeauty World Stn Exit B · 67 mCold Storage Singapore (1983) Pte Ltd · 72 mBeauty World MRT Exit A · 117 mPlace Of Worship · 180 mBukit Timah Market · 234 mHoover Park (Lor Pisang Hijau Playground) · 353 mEducational Institution · 421 mBukit Timah Community Club · 540 mKap Mall · 753 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Uob Centre

Key takeawayThe nearest station is Beauty World (DT5), 116 m away — a moderately busy station, with about 33,000 taps in and out on an average weekday. 7 public car parks are within 500 m.

Foot traffic: busier than 16% of office buildings

nearest MRT/LRT Beauty World (DT5) 116 m, about 33,000 taps a weekday; bus stops within 400 m: 7, about 29,000 taps a weekday; Bukit Timah: 21,362 resident workers (Census 2020, by workplace); about 15,000 residents within 1 km (June 2026). Ranked against 485 office 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), not a count of people.

Stations within 1 km

Beauty World (DT5)116 m · about 33,000 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 Uob Centre. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 29,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Service Rd (Upp Bukit Timah Rd) (URA)90 m
S$0.60 per half-hour at midday on a weekday · 27 car lots
Cheong Chin Nam Rd (URA)136 m
S$0.60 per half-hour at midday on a weekday · 63 car lots
Jln Seh Chuan Off St (URA)168 m
S$0.60 per half-hour at midday on a weekday · 179 car lots
Jln Seh Chuan - Lor Ki Lat Off St (URA)251 m
S$0.60 per half-hour at midday on a weekday · 7 car lots
Lor Kilat (URA)353 m
S$0.60 per half-hour at midday on a weekday · 28 car lots

Nearest URA season parking: Hillview Terrace, 2.3 km away, S$90/month.

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

Who's registered at Uob Centre?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Uob Centre as their registered address. These are registered businesses, not who occupies the space.

Information and communications
0
Professional, scientific and technical services
0
Administrative and support services
0
Education
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.

What is Uob Centre's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 136 kWh/m²·yr

Frequently asked questions about Uob Centre

Where is Uob Centre?⌄

Uob Centre is at 148 Upper Bukit Timah Road, Singapore 588178, in the Bukit Timah planning area.

What is Uob Centre zoned as?⌄

Uob Centre sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

Have there been any recorded transactions at Uob Centre?⌄

No caveats have been lodged for Uob Centre in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Uob Centre?⌄

Beauty World MRT is the closest, 171 m away (about a 3-minute walk).

How many businesses are registered at Uob Centre?⌄

1 business is 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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This development is also registered as the residential project Uob Centre.

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.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.