Visioncrest
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. 25 transactions are on record since 1995, at a median S$3,286 psf, most recently in Jun 2026. 37 units are currently listed for sale or rent. ACRA records 69 live company registrations at this address.
What are the key facts about Visioncrest?
- 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
- Completed
- 2007 (per EdgeProp)
- Storeys
- Not on record
- Submarket
- City Hall / Bugis
- Units with a recorded sale
- At least 24
- Transactions on record
- 25 (records start 1995)
- Live listings
- 37
- ACRA registrations
- 69
What are the specs at Visioncrest?
- Ceiling height
- 2.8 m
- Office 2.8
- Source: the developer's sales brochure
- Floor-to-floor height
- 5.1 m
- Office Floor 4.28; 1st Storey Retail 5.1; Office 4.3; Retail 5.1
- Source: the developer's sales brochure
- Floor loading
- 5 kN/m²
- Retail 5
- Source: the developer's sales brochure
- Power supply
- 60A or 350A 3-phase (varies by unit)
- Source: the developer's sales brochure
- Cargo / goods lifts
- 1
- Source: the developer's sales brochure
- Passenger lifts
- 5
- Source: the developer's sales brochure
- Loading bays
- 2
- Source: the developer's sales brochure
- Air-conditioning
- VRF / split units
- Source: the developer's sales brochure
- Facilities
- swimming pool, gym, showers / end-of-trip, EV charging
- Source: the developer's sales brochure
- Specs from the developer's sales brochure are the building as designed at launch; units may have been altered since.
Are there floor plans for Visioncrest?
Plans we hold
- Level 1
- Typical Plan
- Level 2
- Creative Full Floor Test Fit Layout
- Single Tenancy Test Fit Layout
- Level 9 & 10
- Double Tenancy Test Fit Layout Collaborative Layout
- Units with a plan
- 8 · 161 sq ft – 17,868 sq ft (recorded sales)
Source: developer's sales brochure.
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.
24 transactions have been recorded here, at a median of S$3,126 psf. The most recent was in June 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).
What is Visioncrest zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.6
- Urban design area
- Udga
- Central Area
- Yes
What has Visioncrest sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2026 | Office | S$7.60M | 1,744 sqft | $4,358 |
| Apr 2026 | Office | S$10.81M | 2,809 sqft | $3,849 |
| Mar 2026 | Office | S$13.18M | 3,337 sqft | $3,950 |
| Feb 2026 | Office | S$3.39M | 850 sqft | $3,986 |
| Dec 2025 | Retail | S$950k | 161 sqft | $5,884 |
| Jul 2024 | Retail | S$1.74M | 344 sqft | $5,053 |
| Jul 2024 | Retail | S$1.44M | 280 sqft | $5,127 |
| Jul 2024 | Retail | S$2.13M | 420 sqft | $5,072 |
| Jul 2024 | Retail | S$1.74M | 344 sqft | $5,063 |
| Nov 2023 | Office | S$43.72M | 17,868 sqft | $2,447 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Visioncrest rent for?
Office space on Penang Road
Street level · 2026Q3S$ per sq ft per month · median +45.8% on a year earlier
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 on Penang Road
Street level · 2026Q3S$ per sq ft per month (median only published) · median -38.3% on a year earlier
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).
Retail space — District 9 retail
Region band · 2026Q3S$ 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 9 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 Visioncrest
- City Hall / Marina Centre: Rent S$11.36 psf/mth · Vacancy 3.2% · Planned / under construction 0.00m sq ft
- Bugis: Rent S$12.12 psf/mth · Vacancy 11.9% · Planned / under construction 0.56m sq ft
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.
How fast units move at Visioncrest
Rent: between 6 Aug 2026 and 28 Aug 2026, 5 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.
Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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.
What's been approved at Visioncrest?
- 23 Jun 2026ApprovedFloor 6Change of use to gym/fitness centre
Proposed change of use of units #06-XX, #06-XX and #06-XX to gym/fitness centre
- 21 Mar 2025ApprovedAdditions & alterations
Proposed additions and alterations to 10th storey of existing one block of 11-storey office building with 2 basement carparks and ancillary features (vision crest) on lot 00658p ts 20 at 103 penang road [museum planning area]
- 21 Mar 2025ApprovedAdditions & alterations
Proposed additions and alterations to 9th storey of existing one block of 11-storey office building with 2 basement carparks and ancillary features (vision crest) on lot 00658p ts 20 at 103 penang road [museum planning area]
- 21 Mar 2025ApprovedAdditions & alterations
Proposed additions and alterations to 3rd storey of existing one block of 11-storey office building with 2 basement carparks and ancillary features (vision crest) on lot 00658p ts 20 at 103 penang road [museum planning area]
- 21 Mar 2025ApprovedAdditions & alterations
Proposed additions and alterations to 2nd storey of existing one block of 11-storey office building with 2 basement carparks and ancillary features (vision crest) on lot 00658p ts 20 at 103 penang road [museum planning area]
- 21 Mar 2025ApprovedAdditions & alterations
Proposed additions and alterations to 4th storey of existing one block of 11-storey office building with 2 basement carparks and ancillary features (vision crest) on lot 00658p ts 20 at 103 penang road [museum planning area]
- 21 Mar 2025ApprovedAdditions & alterations
Proposed additions and alterations to 6th storey of existing one block of 11-storey office building with 2 basement carparks and ancillary features (vision crest) on lot 00658p ts 20 at 103 penang road [museum planning area]
- 11 Nov 2024ApprovedFloor 1Change of use to restaurant
Proposed change of use of units #01-XX to #01-XX to restaurant
- 29 Mar 2022ApprovedFloor 3Change of use to ancillary staff refreshment area
Proposed change of use of part of unit #03-XX to ancillary staff refreshment area
- 29 Nov 2021ApprovedAdditions & alterations
Proposed 1st extension of written permission for additions & alteration works to the existing 11 storey commercial building involving new m&e services at the rooftop
- 18 Dec 2019ApprovedAdditions & alterations
Proposed additions & alteration works to the existing 11 storey commercial building involving new m&e services at the rooftop on lot 00658p ts 20 at 103 penang road singapore 238467 (museum planning area)
- 7 Sept 2017ApprovedAdditions & alterations
Proposed change of use and additions & alterations to existing mixed development at 1st storey
1 earlier change-of-use and A&A decision is 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$54.50 per unit).
How does Penang Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Visioncrest?
Indicative area yield — District 9 retail
An INDICATIVE AREA yield for District 9 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 9 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 4 & Above · 30 & Below | $101.79 | $127.98 | $144.93 |
| B1 & Below · 30 & Below | $231.82 | $392.95 | $544.95 |
| Level 2 & 3 · 30 & Below | $97.06 | $128.26 | $157.50 |
| Level 1 · 30 & Below | $131.15 | $157.04 | $196.05 |
| Level 1 · >30 - 100 | $112.35 | $161.16 | $217.81 |
| Level 2 & 3 · >30 - 100 | $91.89 | $118.41 | $156.35 |
| Level 4 & Above · >30 - 100 | $81.28 | $100.52 | $133.94 |
| B1 & Below · >30 - 100 | $155.98 | $328.55 | $492.13 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 2 · 100 & Below | $54.65 | $69.39 | $88.80 |
| Category 1 · 100 & Below | $103.62 | $122.24 | $132.43 |
| Category 1 · >100 - 200 | $116.28 | $126.99 | $148.35 |
| Category 2 · >100 - 200 | $65.57 | $82.87 | $97.63 |
| Category 1 · >200 - 500 | $114.67 | $128.09 | $145.77 |
| Category 2 · >200 - 500 | $64.83 | $82.57 | $94.73 |
| Category 1 · >500 - 1000 | $106.56 | $137.78 | $148.23 |
| Category 2 · >500 - 1000 | $85.04 | $89.34 | $109.80 |
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 available at Visioncrest right now?
For sale (6)
- VisioncrestS$9.39M · 2,379 sqft
- VisioncrestS$11.84M · 3,068 sqft
- VisioncrestS$110.10M · 28,504 sqft
- VisioncrestS$289.76M · 72,000 sqft
For rent (31)
- VisioncrestS$13k/mo · 764 sqft
- VisioncrestS$45k/mo · 5,000 sqft
- VisioncrestS$70k/mo · 7,800 sqft
- VisioncrestS$89k/mo · 5,059 sqft
What is near Visioncrest?
Getting around
- Dhoby Ghaut MRT400 m · ~6 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Visioncrest
nearest MRT/LRT Dhoby Ghaut (NS24/NE6/CC1) 235 m, about 64,000 taps a weekday; 4 more stations within 1 km; bus stops within 400 m: 7, about 27,000 taps a weekday; Museum: 12,672 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
- Dhoby Ghaut (NS24 / NE6 / CC1)235 m · about 64,000 weekday taps
- Somerset (NS23)353 m · about 66,000 weekday taps
- Fort Canning (DT20)724 m · about 14,000 weekday taps
- Bencoolen (DT21)747 m · about 20,000 weekday taps
- Bras Basah (CC2)847 m · about 10,000 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 Visioncrest. Transfers between lines don't tap, so interchanges read low.
Bus
7 bus stops within 400 m, with about 27,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Penang Rd Off St (URA)100 mS$1.20 per half-hour at midday on a weekday · 19 car lots
- Concorde Hotel (development car park)187 mrates not published as open data
- Clemenceau Ave (URA)200 mS$1.20 per half-hour at midday on a weekday · 15 car lots
- Penang Lane (URA)254 mS$1.20 per half-hour at midday on a weekday · 14 car lots
- The Atrium@Orchard (development car park)322 mrates not published as open data
Nearest URA season parking: Emerald Hill Estate, 597 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Visioncrest's own car park, if it has one, and its charges are not in the open data.
Who's registered at Visioncrest?
- Financial and insurance21
- Professional, scientific and technical services20
- Information and communications14
- Wholesale and retail trade4
- Water supply, sewerage and waste management4
- Real estate4
- Other services1
- Arts, entertainment and recreation1
- Accommodation and food services0
- Education0
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 Visioncrest's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 169 kWh/m²·yr
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 24 recorded transactions, the median price is S$3,126 psf. The latest was in June 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.
The facts are here — now get the verdict on Visioncrest.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Visioncrest.