21 Collyer Quay
21 Collyer Quay is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 15.0. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Feb 2005. 10 units are currently listed for sale or rent. ACRA records 51 live company registrations at this address.
What are the key facts about 21 Collyer Quay?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Tenure
- 999-year leasehold
- District / Area
- District 1 · Downtown Core
- Address
- 21 Collyer Quay
- Land area
- 1,630 sqm
- Completed
- Not on record
- Storeys
- 21 (© OpenStreetMap contributors)
- Submarket
- Raffles Place
- Listed as
- Office, Shop / Shophouse
- Transactions on record
- 1 (records start 1995)
- Live listings
- 10
- ACRA registrations
- 51
Who owns 21 Collyer Quay, and what is it valued at?
- Announced 11 Nov 2024 · completed 11 Nov 2024HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of CapitaLand Commercial Trust sold 21 Collyer Quay for S$688 million (sale price) to the Purchaser.
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About 21 Collyer Quay
21 Collyer Quay is a commercial property in Downtown Core (District 01). It is located along Collyer Quay, Singapore 049320.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.
The site is 999-year leasehold, with about 823 years remaining on the lease. It occupies roughly 1,630 sqm of land with about 25,727 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$8,380 psf. The most recent was in February 2005.
56 businesses are currently registered at this address with ACRA.
The nearest MRT is Raffles Place MRT, 183 m away (about a 3-minute walk). The closest bus stop (Fullerton Sq) is 91 m away (about a 1-minute walk). One Raffles Place is 209 m away (about a 3-minute walk).
What is 21 Collyer Quay zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Urban design area
- Udga
- Central Area
- Yes
What has 21 Collyer Quay sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Feb 2005 | Office | S$147.00M | 17,541 sqft | $8,380 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 21 Collyer Quay rent for?
Office space on Collyer Quay
Street level · 2026Q3S$ per sq ft per month · median -10.5% 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 Collyer Quay
Street level · 2026Q3S$ per sq ft per month · median +16% 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 1 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 1 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 21 Collyer Quay
- Prime office: Capital value S$3,200 psf · Net yield 3.7%
- Core CBD (Grade A): Rent S$12.50 psf/mth · Vacancy 3.3%
- Core CBD (Grade B): Rent S$9.15 psf/mth
- Core CBD: Rent S$9.40 psf/mth · Vacancy 4.5%
- Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m 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 21 Collyer Quay
Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing 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 0 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 21 Collyer Quay?
- 4 Nov 2022ApprovedChange of use to gym/fitness centre ts01
Proposed change of use of part 3rd storey office premises to gym/fitness centre ts01 on lot 00453c at 21 collyer quay (downtown core planning area)
- 19 Aug 2021ApprovedAdditions & alterations
Proposed amendment to approved additions & alterations to the existing office building involving basement 3 to 21st storey on lot 00453c ts01 at 21 collyer quay (downtown core planning area)
- 26 Feb 2021ApprovedAdditions & alterations
Proposed amendment to approved additions & alterations to the existing office building involving basement 3 to 21st storey on lot 00453c ts01 at 21 collyer quay (downtown core planning area)
- 24 Sept 2020ApprovedChange of use: office → restaurant
Proposed change of use of part of 1st storey from office to restaurant at 21 collyer quay
- 16 Mar 2020ApprovedAdditions & alterations
Proposed additions & alterations to the existing office building involving basement 3 to 21st storey on lot 00453c ts01 at 21 collyer quay (downtown core planning area)
- 19 Nov 2012ApprovedAdditions & alterations
Proposed design for the installation of facade lighting (central business district) to the existing 21-storey commercial building (hsbc building)
- 2 Apr 2004ApprovedAdditions & alterations
Proposed new facade to the existing podium block of hongkong and shanghai banking corporation
- 4 Dec 2003ApprovedAdditions & alterations
Proposed additions and alterations and part change of use at the 1st basement and 1st storey office to the existing hongkong and shanghai banking corporation
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$54.50 per unit).
How does Collyer Quay price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 21 Collyer Quay?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $82.69 | $99.35 | $120.39 |
| Level 1 · 30 & Below | $172.73 | $245.52 | $332.57 |
| B1 & Below · 30 & Below | $87.33 | $172.91 | $321.72 |
| Level 2 & 3 · >30 - 100 | $77.43 | $95.09 | $183.52 |
| Level 1 · >30 - 100 | $106.77 | $168.33 | $217.05 |
| B1 & Below · >30 - 100 | $117.40 | $198.29 | $365.38 |
| Level 1 · >100 - 300 | $115.69 | $148.57 | $187.43 |
| B1 & Below · >100 - 300 | $148.73 | $233.33 | $396.56 |
Office rents — Central Area ($ 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 21 Collyer Quay right now?
For sale (1)
- HSBC BuildingS$28.00M · 4,400 sqft
For rent (9)
- HSBC Building3 agentsS$11k/mo · 1,001 sqft
- HSBC BuildingS$19k/mo · 1,733 sqft
- HSBC BuildingS$28k/mo · 3,615 sqft
- HSBC BuildingS$11k/mo · 1,001 sqft
What is near 21 Collyer Quay?
Getting around
- Raffles Place MRT183 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 21 Collyer Quay
nearest MRT/LRT Raffles Place (EW14/NS26) 132 m, about 133,000 taps a weekday; 12 more stations within 1 km; bus stops within 400 m: 4, about 11,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 5,708 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
- Raffles Place (EW14 / NS26)132 m · about 133,000 weekday taps
- Telok Ayer (DT18)532 m · about 37,000 weekday taps
- Downtown (DT17)589 m · about 51,000 weekday taps
- Bayfront (CC34 / DT16)767 m · about 56,000 weekday taps
- Bayfront (CE1 / DT16)767 m · about 23,000 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 21 Collyer Quay. Transfers between lines don't tap, so interchanges read low.
Bus
4 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Cecil St - M Arket St) (URA)358 m
- Backlane (Synagogue St - Church St) (URA)411 m
- Backlane (Lor Telok - Circular Rd) (URA)429 m
- Circular Rd (URA)435 mS$1.20 per half-hour at midday on a weekday · 34 car lots
- Backlane (Synagogue St ) (URA)490 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.6 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. 21 Collyer Quay's own car park, if it has one, and its charges are not in the open data.
Who's registered at 21 Collyer Quay?
- Information and communications15
- Professional, scientific and technical services11
- Financial and insurance9
- Wholesale and retail trade6
- Administrative and support services4
- Manufacturing2
- Education2
- Accommodation and food services1
- Arts, entertainment and recreation1
- Construction0
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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.
Frequently asked questions about 21 Collyer Quay
Where is 21 Collyer Quay?⌄
21 Collyer Quay is at 21 Collyer Quay, Singapore 049320, in the Downtown Core planning area.
What is 21 Collyer Quay zoned as?⌄
21 Collyer Quay sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.
What is the tenure of 21 Collyer Quay?⌄
21 Collyer Quay is 999-year leasehold. About 823 years remain on the lease.
What have units at 21 Collyer Quay sold for?⌄
Across 1 recorded transaction, the median price is S$8,380 psf. The latest was in February 2005.
What is the nearest MRT station to 21 Collyer Quay?⌄
Raffles Place MRT is the closest, 183 m away (about a 3-minute walk).
How many businesses are registered at 21 Collyer Quay?⌄
56 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 21 Collyer Quay.
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.