CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 9 · Museum

Visioncrest

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2026
Quick Summary

Visioncrest is a commercial building in District 9 · Museum, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.6. It is freehold. 23 transactions are on record since 1995, most recently in Mar 2026. 32 units are currently listed for sale or rent. ACRA records 54 live company registrations at this address.

1

What are the key facts about Visioncrest?

Key takeawayVisioncrest is a commercial building in District 9 · Museum, zoned COMMERCIAL & RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.6
Tenure
Freehold
District / Area
District 9 · Museum
Address
103 Penang Road
Land area
13,646 sqm
Transactions on record
23 (records start 1995)
Live listings
32
ACRA registrations
54
2

About Visioncrest

Visioncrest is a mixed-use building in Museum (District 09). It is located along Penang Road, Singapore 238467.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.6. It lies inside the Central Area.

The site is freehold. It occupies roughly 13,646 sqm of land with about 41,678 sqm of gross floor area.

23 transactions have been recorded here, at a median of S$2,965 psf. The most recent was in March 2026.

54 businesses are currently registered at this address with ACRA.

The nearest MRT is Dhoby Ghaut MRT, 400 m away (about a 6-minute walk). The closest bus stop (Concorde Hotel S'pore) is 180 m away (about a 3-minute walk).

3

What is Visioncrest zoned as?

Key takeawayVisioncrest sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.6, inside the Central Area.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.6
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 49,126 sqm · built 15,847 sqm · headroom 33,279 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 Visioncrest sold for?

Key takeawayAcross 23 recorded transactions since 1995, the median price is about S$8.97M, most recently in Mar 2026.
DateUsePriceAreaPSF
Mar 2026OfficeS$13.18M3,337 sqft$3,950
Feb 2026OfficeS$3.39M850 sqft$3,986
Dec 2025RetailS$950k161 sqft$5,884
Jul 2024RetailS$1.74M344 sqft$5,053
Jul 2024RetailS$1.74M344 sqft$5,063
Jul 2024RetailS$1.44M280 sqft$5,127
Jul 2024RetailS$2.13M420 sqft$5,072
Nov 2023RetailS$1.45M420 sqft$3,464
Nov 2023OfficeS$44.01M14,844 sqft$2,965
Nov 2023OfficeS$43.82M14,844 sqft$2,952

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 Penang Road price?

Key takeawayAcross 23 strata sales on Penang Road in the last 5 years, the median is $2,965 psf.
Strata sales on the street (5y)
23
Street median PSF (strata)
$2,965

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

6

What do commercial rents run near Visioncrest?

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 available at Visioncrest right now?

Key takeaway32 units are currently listed at Visioncrest7 for sale and 25 for rent. One row per unit; several agents often market the same unit.

For sale (7)

  • VisionCrest CommercialS$16.99M · 3,509 sqft
  • VisionCrest CommercialS$54.84M · 14,478 sqft
  • VisioncrestS$9.39M · 2,379 sqft
  • VisioncrestS$11.84M · 3,068 sqft

For rent (25)

  • VisionCrest Commercial3 agentsS$32k/mo · 3,152 sqft
  • VisionCrest Commercial5 agentsS$19k/mo · 1,854 sqft
  • VisionCrest Commercial2 agentsS$32k/mo · 3,152 sqft
  • VisionCrest Commercial3 agentsS$145k/mo · 14,478 sqft

Browse every listing at this building →

8

What is near Visioncrest?

Key takeawayThe nearest MRT/LRT is Dhoby Ghaut MRT, about 400 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 124 mIstana Pk · 144 mA&M Medical Centre · 145 mPlace Of Worship · 160 mConcorde Hotel S'pore · 180 mDhoby Ghaut MRT Exit C · 236 mEducational Institution · 588 mMount Elizabeth Hospital · 1.1 km

Competing premises nearby

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

Plaza Singapura · 318 mCold Storage Singapore (1983) Pte Ltd · 318 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Visioncrest?

Key takeawayACRA records 54 live company registrations at this address, 18 of them in the last three years.
Live registrations
54
Registered last 3 years
18
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

What is Visioncrest's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
169 kWh/m²·yr
11

Frequently asked questions about Visioncrest

Where is Visioncrest?

Visioncrest is at 103 Penang Road, Singapore 238467, in the Museum planning area.

What is Visioncrest zoned as?

Visioncrest sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.6.

What is the tenure of Visioncrest?

Visioncrest is freehold.

What have units at Visioncrest sold for?

Across 23 recorded transactions, the median price is S$2,965 psf. The latest was in March 2026.

What is the nearest MRT station to Visioncrest?

Dhoby Ghaut MRT is the closest, 400 m away (about a 6-minute walk).

How many businesses are registered at Visioncrest?

54 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.

For agents · in the PropKaki app

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This development is also registered as the residential project Visioncrest.

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