CommercialCOMMERCIALFreeholdDistrict 2 · Downtown Core

Abi Plaza

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2020

Quick Summary

Abi Plaza 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 freehold. 2 transactions are on record since 1995, most recently in Sept 2020. 15 units are currently listed for rent. ACRA records 47 live company registrations at this address.

The facts are here — now get the verdict on Abi Plaza.

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What are the key facts about Abi Plaza?

Key takeawayAbi Plaza is a commercial building in District 2 · Downtown Core, zoned COMMERCIAL, held freehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 5.6
Tenure: Freehold
District / Area: District 2 · Downtown Core
Address: 11 Keppel Road
Land area: 1,635 sqm
Completed: Not on record
Storeys: 12 (© OpenStreetMap contributors)
Strata units (MCST): 10
Managing agent: CBRE Pte Ltd
Strata formed: 1998 (MCST 2175)
Submarket: Shenton Way / Tanjong Pagar
Units with a recorded sale: At least 1
Listed as: Office
Transactions on record: 2 (records start 1995)
Live listings: 15
ACRA registrations: 47

About Abi Plaza

Abi Plaza is a commercial building in Downtown Core (District 02). It is located along Keppel Road, Singapore 089057.

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 freehold. It occupies roughly 1,635 sqm of land with about 9,156 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$1,778 psf. The most recent was in September 2020.

51 businesses are currently registered at this address with ACRA.

The nearest MRT is Prince Edward Road MRT, 470 m away (about a 7-minute walk). The closest bus stop (Aft Keppel Rd) is 26 m away (about a 0-minute walk). 100 Am is 216 m away (about a 3-minute walk).

What is Abi Plaza zoned as?

Key takeawayAbi Plaza 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 →

What has Abi Plaza sold for?

Key takeaway2 transactions are on record since 1995, most recently in Sept 2020 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2020	Office	S$200.00M	105,474 sqft	$1,896
Jul 2011	Office	S$175.00M	105,474 sqft	$1,659

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 Abi Plaza rent for?

Key takeawayNo rent is published for Abi Plaza itself. On its street, Keppel Road, office space rented at a median of $3.29 psf a month in 2026Q3, with the middle half of leases between $3.24 and $4.72. That is not this building's own rent, and never a quote for a particular unit.

Office space on Keppel Road

Street level · 2026Q3

25th pct

$3.24

$34.85 psm

Median

$3.29

$35.41 psm

75th pct

$4.72

$50.80 psm

S$ per sq ft per month · median -9% on a year earlier

2023Q4 · $35.89 psm2026Q3 · $35.41 psm median

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 Keppel Road

Street level · 2026Q3

25th pct

—

— psm

Median

$3.00

$32.29 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median +5.8% on a year earlier

2022Q3 · $33.70 psm2026Q3 · $32.29 psm median

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 · 2026Q3

25th pct

$7.84

$84.37 psm

Median

$8.70

$93.65 psm

75th pct

$9.99

$107.51 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 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 Abi Plaza

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Vacancy 5%
Islandwide (Grade B): Rent S$8.35 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m sq ft

Singapore Office MarketBeat Q2 2026

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 Abi Plaza

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 15 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 3 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 Abi Plaza?

Key takeawayURA has approved 2 changes of use at Abi Plaza since 2000, most recently in 2025. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

14 Jan 2025ApprovedFloor 1
Change of use to shop
Proposed change of use of units #01-XX and #01-XX to shop at abi plaza
21 Nov 2018ApprovedFloor 1
Change of use: office → gym/fitness centre
Proposed change of use of units #01-XX & #01-XX from office to gym/fitness centre at abi plaza

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).

What do commercial rents run near Abi Plaza?

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

Indicative area yield — District 2 retail

Gross yield (area)

3.8%

3.4% net of property tax

Rent side (median of bands)

$93.65 psm/mo

2026Q3

Price side (strata, 5y)

$2,752 psf

14 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, 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 Abi Plaza right now?

Key takeaway15 units are currently listed at Abi Plaza. One row per unit; several agents often market the same unit.

For rent (15)

Abi PlazaS$4k/mo · 500 sqft
ABI PlazaS$98k/mo · 12,443 sqft
Abi Plaza2 agentsS$35k/mo · 3,710 sqft
Abi PlazaS$100k/mo · 12,660 sqft

Browse every listing at this building →

What is near Abi Plaza?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 498 m away.

Getting around

Tanjong Pagar MRT498 m · ~8 min

Amenities nearby

Aft Keppel Rd · 26 mCitymed Health Associates · 56 mHotel · 69 m100 Am · 217 mNTUC Fairprice Co-operative Ltd · 217 mEducational Institution · 330 mTanjong Pagar Community Club · 368 mTras Link Pk · 386 mBlk 6 Tanjong Pagar Plaza · 391 mPlace Of Worship · 417 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Abi Plaza

Key takeawayThe nearest station is Prince Edward Road (CC32), 301 m away — a quiet station, with 3,673 taps in and out on an average weekday. 10 public car parks are within 500 m.

Foot traffic: busier than 31% of office buildings

nearest MRT/LRT Prince Edward Road (CC32) 301 m, about 3,673 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 11, about 12,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 15,000 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)301 m · 3,673 weekday taps
Tanjong Pagar (EW15)427 m · about 85,000 weekday taps
Cantonment (CC31)490 m · 3,987 weekday taps
Outram Park (EW16 / NE3 / TE17)747 m · about 78,000 weekday taps
Maxwell (TE18)788 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 Abi Plaza. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Yan Kit Rd - Cantonmen T Rd Off St (URA)226 m
S$1.20 per half-hour at midday on a weekday · 15 car lots
Blk 1/6 Tanjong Pagar Mscp (HDB)271 m
S$1.20 per half-hour at midday on a weekday · gantry 1.8 m · 384 car lots
Yan Kit Rd (URA)348 m
S$1.20 per half-hour at midday on a weekday · 11 car lots
Mistri Rd (URA)356 m
Keppel Rd Off St (URA)364 m
S$1.20 per half-hour at midday on a weekday · 99 car lots

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, 760 m away, S$80/month.

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

Who's registered at Abi Plaza?

Key takeaway47 live companies (and LLPs and branches; sole proprietors are not counted) list Abi Plaza as their registered address. These are registered businesses, not who occupies the space.

Transportation and storage
22
Wholesale and retail trade
8
Financial and insurance
6
Professional, scientific and technical services
5
Information and communications
2
Manufacturing
1
Administrative and support services
1
Construction
1
Health and social services
1
Arts, entertainment and recreation
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. ACRA, as of 2026-09-16.

Frequently asked questions about Abi Plaza

Where is Abi Plaza?⌄

Abi Plaza is at 11 Keppel Road, Singapore 089057, in the Downtown Core planning area.

What is Abi Plaza zoned as?⌄

Abi Plaza sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 5.6.

What is the tenure of Abi Plaza?⌄

Abi Plaza is freehold.

What have units at Abi Plaza sold for?⌄

Across 2 recorded transactions, the median price is S$1,778 psf. The latest was in September 2020.

What is the nearest MRT station to Abi Plaza?⌄

Prince Edward Road MRT is the closest, 470 m away (about a 7-minute walk).

How many businesses are registered at Abi Plaza?⌄

51 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

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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.

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.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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 BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.