Fook Hai Building
Details
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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
Description
Fook Hai Building is a leasehold (99 yrs from 1972) commercial property. The development occupies a land area of 2,615 sqm and a Gross Floor Area of 22,755 sqm.
FOOK HAI BUILDING is located along South Bridge Road in Outram, in District 1. It is accessible through the nearest MRTs including Chinatown DT19, NE4 and Telok Ayer DT18. Other nearby amenities include: 3 Grocerie(s): IROHA INTERNATIONAL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, SONG FISH DEALER PTE LTD, and 3 Shopping Mall(s): Chinatown Point, Cross Street Exchange, Far East Square.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,781 psf in Mar 2022 for a 194 sqft unit for Office, S$ 1,858 psf in Aug 2023 for a 1,765 sqft unit for Shop. Its lowest recorded transaction was S$ 1,781 psf in Mar 2022 for a 194 sqft unit for Office, S$ 1,858 psf in Aug 2023 for a 1,765 sqft unit for Shop.
Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.
As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
FOOK HAI BUILDING is located along South Bridge Road in Outram, in District 1. It is accessible through the nearest MRTs including Chinatown DT19, NE4 and Telok Ayer DT18. Other nearby amenities include: 3 Grocerie(s): IROHA INTERNATIONAL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, SONG FISH DEALER PTE LTD, and 3 Shopping Mall(s): Chinatown Point, Cross Street Exchange, Far East Square.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,781 psf in Mar 2022 for a 194 sqft unit for Office, S$ 1,858 psf in Aug 2023 for a 1,765 sqft unit for Shop. Its lowest recorded transaction was S$ 1,781 psf in Mar 2022 for a 194 sqft unit for Office, S$ 1,858 psf in Aug 2023 for a 1,765 sqft unit for Shop.
Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.
As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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Nearby Amenities
Source: URA, www.edgeprop.sg
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Sales Transaction of South Bridge Road
Source: URA, https://www.edgeprop.sg
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Asking Price of FOOK HAI BUILDING
Source: URA, https://www.edgeprop.sg
For Sales
For Rent
Rental Transactions of South Bridge Road
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months
Source: URA, https://www.edgeprop.sg
Transactions Within 1000M In The Last 12 Months (By Street)
Source: URA, https://www.edgeprop.sg
Price Comparison with Nearby Properties (UP to 10)
(Within 1000 meters)
Source: URA, https://www.edgeprop.sg
Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.
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