CommercialCOMMERCIALLeaseholdDistrict 2 · Downtown Core

78 Shenton Way

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2007
Quick Summary

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. 32 units are currently listed for rent. ACRA records 337 live company registrations at this address.

1

What are the key facts about 78 Shenton Way?

Key takeaway78 Shenton Way is a commercial building in District 2 · Downtown Core, zoned COMMERCIAL, held leasehold.
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
Transactions on record
3 (records start 1995)
Live listings
32
ACRA registrations
337
2

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 Tanjong Pagar MRT, 377 m away (about a 6-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).

3

What is 78 Shenton Way zoned as?

Key takeaway78 Shenton Way sits on land zoned COMMERCIAL with a gross plot ratio of 5.6, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
5.6
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 78 Shenton Way sold for?

Key takeaway3 transactions are on record since 1995, most recently in Dec 2007 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2007OfficeS$650.78M78,683 sqft$8,271
Jan 2007OfficeS$348.50M78,683 sqft$4,429
Aug 2004OfficeS$151.00M78,683 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.

5

How does Shenton Way price?

Key takeawayAcross 30 strata sales on Shenton Way in the last 5 years, the median is $2,348 psf.
Strata sales on the street (5y)
30
Street median PSF (strata)
$2,348

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

6

What do commercial rents run near 78 Shenton Way?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

7

What is available at 78 Shenton Way right now?

Key takeaway32 units are currently listed at 78 Shenton Way. One row per unit; several agents often market the same unit.

For rent (32)

  • 78 Shenton WayS$111k/mo · 12,940 sqft
  • 78 Shenton Way3 agentsS$34k/mo · 3,584 sqft
  • 78 Shenton Way2 agentsS$85k/mo · 10,000 sqft
  • 78 Shenton Way2 agentsS$13k/mo · 1,500 sqft

Browse every listing at this building →

8

What is near 78 Shenton Way?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 377 m away.

Getting around

Amenities nearby

Fullerton Healthcare @ Gethin-Jones (Shenton Way) · 3 mHotel · 30 mHub Synergy Pt · 97 mCold Storage Singapore (1983) Pte Ltd · 191 mIcon Village · 236 mTanjong Pagar MRT Exit H · 281 mTras Link Pk · 399 mBlk 6 Tanjong Pagar Plaza · 447 mPlace Of Worship · 515 mTanjong Pagar Community Club · 528 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 78 Shenton Way?

Key takeawayACRA records 337 live company registrations at this address, 89 of them in the last three years.
Live registrations
337
Registered last 3 years
89
Most common type
Local Company

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.

10

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?

Tanjong Pagar MRT is the closest, 377 m away (about a 6-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.

For agents · in the PropKaki app

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.

PropKaki
Tell me about 78 Shenton Way — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp