78 Shenton Way
78 Shenton Way is a commercial building in District 2 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 5.6. It is leasehold with roughly 56 years remaining. 3 transactions are on record since 1995, most recently in Dec 2007. 29 units are currently listed for rent. ACRA records 324 live company registrations at this address.
What are the key facts about 78 Shenton Way?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 5.6
- Tenure
- Leasehold
- District / Area
- District 2 · Downtown Core
- Address
- 78 Shenton Way
- Land area
- 6,600 sqm
- Completed
- Not on record
- Storeys
- 34 (© OpenStreetMap contributors)
- Submarket
- Shenton Way / Tanjong Pagar
- Listed as
- Office, Shop / Shophouse
- Transactions on record
- 3 (records start 1995)
- Live listings
- 29
- ACRA registrations
- 324
About 78 Shenton Way
78 Shenton Way is a commercial building in Downtown Core (District 02). It is located along Shenton Way, Singapore 079120.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 5.6. It lies inside the Central Area.
The site is leasehold, with about 56 years remaining on the lease. It occupies roughly 6,600 sqm of land with about 45,929 sqm of gross floor area.
3 transactions have been recorded here, at a median of S$4,429 psf. The most recent was in December 2007.
337 businesses are currently registered at this address with ACRA.
The nearest MRT is Prince Edward Road MRT, 201 m away (about a 3-minute walk). The closest bus stop (Hub Synergy Pt) is 97 m away (about a 2-minute walk). Icon Village is 236 m away (about a 4-minute walk).
What is 78 Shenton Way zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 5.6
- Urban design area
- Udga
- Central Area
- Yes
What has 78 Shenton Way sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2007 | Office | S$650.78M | 78,683 sqft | $8,271 |
| Jan 2007 | Office | S$348.50M | 78,683 sqft | $4,429 |
| Aug 2004 | Office | S$151.00M | 78,683 sqft | $1,919 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 78 Shenton Way rent for?
Office space on Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +8% 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 Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +16.3% 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 2 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 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).
Market context around 78 Shenton Way
- Islandwide: Vacancy 5%
- Islandwide (Grade B): Rent S$8.35 psf/mth
- Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m 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 78 Shenton Way
Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 5 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 78 Shenton Way?
- 30 Jun 2026RenewedFloor B1Continued use as nightclub
Continued use of shop unit #B1-XX as nightclub
- 27 Jun 2023ApprovedFloor B1Change of use to nightclub
Proposed change of use of shop unit #B1-XX to nightclub at 78 shenton way
- 3 Nov 2022ApprovedFloor 1Change of use to cafe
Proposed change of use of unit #01-XX to cafe (restaurant) at 78 shenton way
- 22 Apr 2021ApprovedFloor B1Change of use: shop → gym/fitness centre
Proposed change of use of unit #B1-XX from shop to gym/fitness centre at 78 shenton way
- 9 Oct 2019ApprovedChange of use: lobby → office
Proposed change of use of unit#01-XX from lobby to office at 78 shenton way tower 2
- 6 Feb 2017ApprovedAdditions & alterations
Proposed addition and alteration involving roof top equipment works at 12th storey south tower roof of the existing 34-storey commercial building on lot 00934w ts 23 at 78 shenton way singapore (downtown core planning area)
- 17 Aug 2015Agency worksFloor 20Change of use to office or commercial school
Lodgment for proposed use of unit #20-XX as office or commercial school
- 19 Feb 2009ApprovedAdditions & alterations
Regularisation of gfa and amendment to approved prop a/a to extg office building involving construction of new tower
- 26 Feb 2008ApprovedAdditions & alterations
Proposed addition & alteration to existing office building involving construction of new office tower
- 7 Aug 2006ApprovedAdditions & alterations
Proposed regularisation of gfa & amendment to approved 2-storey extension & additions/alterations to podium block of an existing commercial building
- 25 Mar 2002ApprovedFloor 1Change of use to commercial school
Proposed use of unit #01-XX as commercial school
- 27 Oct 2000ApprovedFloor 1Change of use to office
Proposed use of unit #01-XX as office (car rental)
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$54.50 per unit).
How does Shenton Way price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 78 Shenton Way?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th 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 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 78 Shenton Way right now?
For rent (29)
- 78 Shenton Way, 079120S$6k/mo · 450 sqft
- 78 Shenton Way, 079120S$2k/mo · 100 sqft
- 78 Shenton Way, 079120S$5k/mo · 350 sqft
- 78 Shenton Way, 079120S$5k/mo · 350 sqft
What is near 78 Shenton Way?
Getting around
- Tanjong Pagar MRT377 m · ~6 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 78 Shenton Way
nearest MRT/LRT Prince Edward Road (CC32) 36 m, about 3,673 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 11, about 11,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 14,000 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
- Prince Edward Road (CC32)36 m · 3,673 weekday taps
- Tanjong Pagar (EW15)281 m · about 85,000 weekday taps
- Shenton Way (TE19)730 m · about 32,000 weekday taps
- Cantonment (CC31)758 m · 3,987 weekday taps
- Maxwell (TE18)821 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 78 Shenton Way. Transfers between lines don't tap, so interchanges read low.
Bus
11 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Mistri Rd (URA)106 m
- Prince Edward Rd - She Nton Way Off St (URA)387 mS$1.50 per half-hour at midday on a weekday · 84 car lots
- Blk 1/6 Tanjong Pagar Mscp (HDB)418 mS$1.20 per half-hour at midday on a weekday · gantry 1.8 m · 384 car lots
- Wallich St (URA)422 mS$1.20 per half-hour at midday on a weekday · 9 car lots
- Backlane (Peck Seah St - Tras St) (URA)451 m
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.
Nearest URA season parking: Blair Road-Everton Roa D Area, 999 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. 78 Shenton Way's own car park, if it has one, and its charges are not in the open data.
Who's registered at 78 Shenton Way?
- Financial and insurance107
- Transportation and storage87
- Professional, scientific and technical services37
- Information and communications37
- Wholesale and retail trade28
- Education9
- Real estate5
- Manufacturing4
- Arts, entertainment and recreation4
- Health and social services3
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.
Frequently asked questions about 78 Shenton Way
Where is 78 Shenton Way?⌄
78 Shenton Way is at 78 Shenton Way, Singapore 079120, in the Downtown Core planning area.
What is 78 Shenton Way zoned as?⌄
78 Shenton Way sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 5.6.
What is the tenure of 78 Shenton Way?⌄
78 Shenton Way is leasehold. About 56 years remain on the lease.
What have units at 78 Shenton Way sold for?⌄
Across 3 recorded transactions, the median price is S$4,429 psf. The latest was in December 2007.
What is the nearest MRT station to 78 Shenton Way?⌄
Prince Edward Road MRT is the closest, 201 m away (about a 3-minute walk).
How many businesses are registered at 78 Shenton Way?⌄
337 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 78 Shenton Way.
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.