CommercialWHITEDistrict 2 · Downtown Core

Wallich Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Wallich Building is a commercial building in District 2 · Downtown Core, on land zoned WHITE under the URA Master Plan with a gross plot ratio of 10.5. ACRA records 0 live company registrations at this address.

1

What are the key facts about Wallich Building?

Key takeawayWallich Building is a commercial building in District 2 · Downtown Core, zoned WHITE.
Asset class
Commercial
Land-use zone
WHITE
Gross plot ratio
10.5
Tenure
Not on record
District / Area
District 2 · Downtown Core
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
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.

2

About Wallich Building

Wallich Building is a commercial building in Downtown Core (District 02). It is located along Wallich Street.

Under the URA Master Plan it sits on land zoned white with a gross plot ratio of 10.5. It lies inside the Central Area.

The nearest MRT is Tanjong Pagar MRT, 34 m away (about a 0-minute walk). The closest bus stop (Tanjong Pagar Stn Exit C) is 150 m away (about a 2-minute walk). Icon Village is 215 m away (about a 3-minute walk).

3

What is Wallich Building zoned as?

Key takeawayWallich Building sits on land zoned WHITE with a gross plot ratio of 10.5, inside the Central Area.
Land-use zone
WHITE
Gross plot ratio
10.5
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at Wallich Building rent for?

Key takeawayNo street- or building-level rent is published here. Across District 2 retail, retail space rented at a median of $8.70 psf a month in 2026Q3, with the middle half of leases between $7.84 and $9.99. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 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 2 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).

5

Market context around Wallich Building

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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.

6

What do commercial rents run near Wallich Building?

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

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th 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.

7

What is near Wallich Building?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 34 m away.

Getting around

Amenities nearby

TPC Medical Clinic · 28 mTanjong Pagar MRT Exit I · 41 mHotel · 98 mTanjong Pagar Pk · 124 mTanjong Pagar Stn Exit C · 150 mIcon Village · 215 mPlace Of Worship · 230 mLotte Mart Pte. Ltd. · 235 mBlk 6 Tanjong Pagar Plaza · 265 mTanjong Pagar Community Club · 445 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Wallich Building

Key takeawayThe nearest station is Tanjong Pagar (EW15), 33 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. 27 public car parks are within 500 m.
Foot traffic: busier than 84% of retail buildings

nearest MRT/LRT Tanjong Pagar (EW15) 33 m, about 85,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 13, about 17,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 19,000 residents within 1 km (June 2026); 5 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Stations within 1 km

  • Tanjong Pagar (EW15)33 m · about 85,000 weekday taps
  • Prince Edward Road (CC32)402 m · 3,673 weekday taps
  • Maxwell (TE18)454 m · about 23,000 weekday taps
  • Shenton Way (TE19)500 m · about 32,000 weekday taps
  • Telok Ayer (DT18)655 m · about 37,000 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 Wallich Building. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Peck Seah St Off St (URA)81 m
    S$1.50 per half-hour at midday on a weekday · 150 car lots
  • Backlane (Peck Seah St - Tras St) (URA)115 m
  • Wallich St (URA)124 m
    S$1.20 per half-hour at midday on a weekday · 9 car lots
  • Peck Seah St (URA)128 m
    S$1.20 per half-hour at midday on a weekday · 4 car lots
  • Tras St (URA)163 m
    S$1.20 per half-hour at midday on a weekday · 66 car lots

Nearest URA season parking: Blair Road-Everton Roa D Area, 957 m away, S$80/month.

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

9

How many companies are registered at Wallich Building?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 Wallich Building

Where is Wallich Building?⌄

Wallich Building is at Wallich Street, in the Downtown Core planning area.

What is Wallich Building zoned as?⌄

Wallich Building sits on land zoned white under the URA Master Plan, with a gross plot ratio of 10.5.

Have there been any recorded transactions at Wallich Building?⌄

No caveats have been lodged for Wallich Building 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 Wallich Building?⌄

Tanjong Pagar MRT is the closest, 34 m away (about a 0-minute walk).

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