CommercialCOMMERCIAL & RESIDENTIALDistrict 3 · Queenstown

117 Commonwealth Drive

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

117 Commonwealth Drive is a commercial building in District 3 · Queenstown, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. ACRA records 6 live company registrations at this address.

The facts are here — now get the verdict on 117 Commonwealth Drive.

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What are the key facts about 117 Commonwealth Drive?

Key takeaway117 Commonwealth Drive is a commercial building in District 3 · Queenstown, zoned COMMERCIAL & RESIDENTIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 3 · Queenstown
Address: —
Land area: 4,675 sqm
Completed: 1965 (HDB Property Information)
Storeys: 2 (HDB Property Information)
Submarket: City Fringe
Transactions on record: None recorded
Live listings: None
ACRA registrations: 6

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.

About 117 Commonwealth Drive

117 Commonwealth Drive is a commercial building in Queenstown (District 03). It is located along Commonwealth Drive, Singapore 140117.

Under the URA Master Plan it sits on land zoned commercial & residential.

It occupies roughly 4,675 sqm of land.

16 businesses are currently registered at this address with ACRA.

The nearest MRT is Commonwealth MRT, 508 m away (about a 8-minute walk). The closest bus stop (Blk 92) is 59 m away (about a 1-minute walk). The Star Vista is 1.3 km away.

What is 117 Commonwealth Drive zoned as?

Key takeaway117 Commonwealth Drive sits on land zoned COMMERCIAL & RESIDENTIAL.

Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

What does space at 117 Commonwealth Drive rent for?

Key takeawayNo street- or building-level rent is published here. Across District 3 retail, retail space rented at a median of $10.49 psf a month in 2026Q3, with the middle half of leases between $7.49 and $14.10. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 3 retail

Region band · 2026Q3

25th pct

$7.49

$80.65 psm

Median

$10.49

$112.95 psm

75th pct

$14.10

$151.72 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 3 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 117 Commonwealth Drive

Key takeawayBrokers' retail figures for this part of Singapore — 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

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.

What do commercial rents run near 117 Commonwealth Drive?

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

Indicative area yield — District 3 retail

Gross yield (area)

3.8%

3.4% net of property tax

Rent side (median of bands)

$112.95 psm/mo

2026Q3

Price side (strata, 5y)

$3,294 psf

38 sales

An INDICATIVE AREA yield for District 3 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 3 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$78.10	$94.74	$116.67
Level 1 · 30 & Below	$73.20	$92.12	$107.33
Level 1 · >30 - 100	$83.20	$164.15	$200.48
Level 2 & 3 · >30 - 100	$58.43	$67.44	$75.00
Level 1 · >100 - 300	$226.54	$240.67	$264.22
Level 2 & 3 · >100 - 300	$83.56	$131.15	$186.77

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 117 Commonwealth Drive?

Key takeawayThe nearest MRT/LRT is Commonwealth MRT, about 508 m away.

Getting around

Commonwealth MRT508 m · ~8 min

Amenities nearby

The Family Practice Clinic & Surgery · 8 mCommonwealth Crescent Market · 36 mBlk 92 · 59 mPlace Of Worship · 84 mEducational Institution · 196 mCommonwealth MRT Exit B · 493 mBusiness Park · 647 mQueenstown Community Centre · 859 mQueenstown Polyclinic · 907 mThe Star Vista · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 117 Commonwealth Drive

Key takeawayThe nearest station is Commonwealth (EW20), 493 m away — a moderately busy station, with about 29,000 taps in and out on an average weekday. 17 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 14% of retail buildings

nearest MRT/LRT Commonwealth (EW20) 493 m, about 29,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 5, about 4,978 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 35,000 residents within 1 km (June 2026); 0 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

Commonwealth (EW20)493 m · about 29,000 weekday taps
Holland Village (CC21)680 m · about 22,000 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 117 Commonwealth Drive. Transfers between lines don't tap, so interchanges read low.

Bus

5 bus stops within 400 m, with 4,978 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 91/92 Commonwealth Drive (HDB)40 m
S$0.60 per half-hour at midday on a weekday · 49 car lots
Blk 96 Commonwealth Crescent (HDB)70 m
S$0.60 per half-hour at midday on a weekday
Blk 116-118 Commonwealth Crescent (HDB)71 m
S$0.60 per half-hour at midday on a weekday · 81 car lots
Blk 117 Commonwealth Drive (HDB)86 m
S$0.60 per half-hour at midday on a weekday · 102 car lots
Blk 99/102 Commonwealth Crescent (HDB)89 m
S$0.60 per half-hour at midday on a weekday · 24 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Public car parks only, by straight-line distance, with the operator's published rates. 117 Commonwealth Drive's own car park, if it has one, and its charges are not in the open data.

Who's registered at 117 Commonwealth Drive?

Key takeaway6 live companies (and LLPs and branches; sole proprietors are not counted) list 117 Commonwealth Drive as their registered address on its shop floor. These are registered businesses, not who occupies the space.

Wholesale and retail trade
3
Accommodation and food services
2
Arts, entertainment and recreation
1
Financial and insurance
0
Other services
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. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.

Frequently asked questions about 117 Commonwealth Drive

Where is 117 Commonwealth Drive?⌄

117 Commonwealth Drive is at Commonwealth Drive, Singapore 140117, in the Queenstown planning area.

What is 117 Commonwealth Drive zoned as?⌄

117 Commonwealth Drive sits on land zoned commercial & residential under the URA Master Plan.

Have there been any recorded transactions at 117 Commonwealth Drive?⌄

No caveats have been lodged for 117 Commonwealth Drive 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 117 Commonwealth Drive?⌄

Commonwealth MRT is the closest, 508 m away (about a 8-minute walk).

How many businesses are registered at 117 Commonwealth Drive?⌄

16 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

Completion year: the year HDB records the block as completed (HDB Property Information).

Storeys: the block's highest floor level as HDB records it.

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.

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.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

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 HDB Property Information, PropKaki's submarket map, HDB car park information (data.gov.sg), URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — 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.