CommercialCOMMERCIALLeaseholdDistrict 6 · Museum

Wilmer Place

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2024

Quick Summary

Wilmer Place is a commercial building in District 6 · Museum, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.5. It is leasehold with roughly 20 years remaining. 1 transaction is on record since 1995, most recently in May 2024. ACRA records 3 live company registrations at this address.

The facts are here — now get the verdict on Wilmer Place.

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What are the key facts about Wilmer Place?

Key takeawayWilmer Place is a commercial building in District 6 · Museum, zoned COMMERCIAL, held leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 3.5
Tenure: Leasehold
District / Area: District 6 · Museum
Address: 50 Armenian Street
Land area: 711 sqm
Completed: Not on record
Storeys: 5 (© OpenStreetMap contributors)
Submarket: City Hall / Bugis
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 3

About Wilmer Place

Wilmer Place is a commercial building in Museum (District 06). It is located along Armenian Street, Singapore 179938.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.5. It lies inside the Central Area.

The site is leasehold, with about 20 years remaining on the lease. It occupies roughly 711 sqm of land with about 2,487 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$3,464 psf. The most recent was in May 2024.

4 businesses are currently registered at this address with ACRA.

The nearest MRT is Bras Basah MRT, 299 m away (about a 5-minute walk). The closest bus stop (Stamford Ct) is 64 m away (about a 1-minute walk). Capitol Singapore is 226 m away (about a 4-minute walk).

What is Wilmer Place zoned as?

Key takeawayWilmer Place sits on land zoned COMMERCIAL with a gross plot ratio of 3.5, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 3.5
Urban design area: Udga
Central Area: Yes

BCA-verified envelope: allowable GFA 2,488 sqm · built 1,757 sqm · headroom 731 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 has Wilmer Place sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2024 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
May 2024	Office	S$26.50M	7,650 sqft	$3,464

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 Wilmer Place rent for?

Key takeawayNo rent is published for Wilmer Place itself. On its street, Armenian Street, office space rented at a median of $8.60 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Office space on Armenian Street

Street level · 2026Q3

25th pct

—

— psm

Median

$8.60

$92.55 psm

75th pct

—

— psm

S$ per sq ft per month (median only published)

2023Q1 · $63.85 psm2026Q3 · $92.55 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 6 retail

Region band · 2026Q3

25th pct

$8.45

$90.91 psm

Median

$11.11

$119.62 psm

75th pct

$14.88

$160.15 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 6 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 Wilmer Place

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

CBRE, 2Q 2026

Fringe CBD: Vacancy 7.2%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

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

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 Wilmer Place?

Key takeawayURA has approved 1 change of use at Wilmer Place since 2000, most recently in 2011. 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.

28 Jul 2011Agency worksFloor 1
Change of use to restaurant
Lodgment for proposed use of unit #01-XX as restaurant

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 Armenian Street price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

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

What do commercial rents run near Wilmer Place?

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

Indicative area yield — District 6 retail

Gross yield (area)

5.5%

5.0% net of property tax

Rent side (median of bands)

$119.62 psm/mo

2026Q3

Price side (strata, 5y)

$2,413 psf

100 sales

An INDICATIVE AREA yield for District 6 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 6 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$90.91	$119.62	$286.43
Level 1 · 30 & Below	$81.61	$93.33	$107.01
Level 4 & Above · 30 & Below	$80.57	$83.33	$94.29
Level 2 & 3 · 30 & Below	$76.01	$92.73	$109.89
Level 4 & Above · >30 - 100	$67.39	$75.36	$96.63
B1 & Below · >30 - 100	$144.93	$225.01	$270.37
Level 2 & 3 · >30 - 100	$66.18	$87.34	$123.84
Level 1 · >30 - 100	$128.26	$130.89	$160.15

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 near Wilmer Place?

Key takeawayThe nearest MRT/LRT is Bras Basah MRT, about 299 m away.

Getting around

Bras Basah MRT299 m · ~5 min

Amenities nearby

Armenian Street (Fcp) · 24 mMeidi-Ya Singapore Co (Pte) Ltd · 33 mEducational Institution · 40 mStamford Ct · 65 mPlace Of Worship · 99 mHotel · 101 mBras Basah MRT Exit B · 208 mThe Clinic @ Campus · 218 mCapitol Singapore · 226 mAlbert Centre Market & Food Centre · 898 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Wilmer Place

Key takeawayThe nearest station is Bras Basah (CC2), 207 m away — a quiet station, with about 10,000 taps in and out on an average weekday. 5 public car parks are within 500 m.

Foot traffic: busier than 43% of office buildings

nearest MRT/LRT Bras Basah (CC2) 207 m, about 10,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 10, about 21,000 taps a weekday; Museum: 12,672 resident workers (Census 2020, by workplace); about 7,424 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

Bras Basah (CC2)207 m · about 10,000 weekday taps
City Hall (NS25 / EW13)256 m · about 91,000 weekday taps
Bencoolen (DT21)374 m · about 20,000 weekday taps
Dhoby Ghaut (NS24 / NE6 / CC1)557 m · about 64,000 weekday taps
Esplanade (CC3)589 m · about 15,000 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 Wilmer Place. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Armenian St Off St (URA)102 m
S$1.40 per half-hour at midday on a weekday · 45 car lots
Fort Canning Park A Of F St (URA)334 m
S$1.20 per half-hour at midday on a weekday · 46 car lots
Funan Mall (development car park)367 m
rates not published as open data
Raffles City (development car park)395 m
rates not published as open data
Fort Canning Park B Of F St (URA)413 m
S$1.20 per half-hour at midday on a weekday · 36 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.1 km away, S$80/month.

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

Who's registered at Wilmer Place?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list Wilmer Place as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
1
Professional, scientific and technical services
1
Health and social services
1
Wholesale and retail trade
0
Information and communications
0
Manufacturing
0
Accommodation and food services
0
Administrative and support services
0
Other services
0
Real estate
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. ACRA, as of 2026-09-16.

What is Wilmer Place's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 166 kWh/m²·yr

Frequently asked questions about Wilmer Place

Where is Wilmer Place?⌄

Wilmer Place is at 50 Armenian Street, Singapore 179938, in the Museum planning area.

What is Wilmer Place zoned as?⌄

Wilmer Place sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.5.

What is the tenure of Wilmer Place?⌄

Wilmer Place is leasehold. About 20 years remain on the lease.

What have units at Wilmer Place sold for?⌄

Across 1 recorded transaction, the median price is S$3,464 psf. The latest was in May 2024.

What is the nearest MRT station to Wilmer Place?⌄

Bras Basah MRT is the closest, 299 m away (about a 5-minute walk).

How many businesses are registered at Wilmer Place?⌄

4 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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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

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 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.