Air View Building
Air View Building is a commercial building in District 2 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. 1 unit is currently listed for rent. ACRA records 18 live company registrations at this address.
What are the key facts about Air View Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Not on record
- District / Area
- District 2 · Downtown Core
- Address
- 2 Peck Seah Street
- Land area
- 569 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Submarket
- Shenton Way / Tanjong Pagar
- Listed as
- Office
- Transactions on record
- None recorded
- Live listings
- 1
- ACRA registrations
- 18
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 Air View Building
Air View Building is a commercial building in Downtown Core (District 02). It is located along Maxwell Road, Singapore 079305.
Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.
It occupies roughly 569 sqm of land.
16 businesses are currently registered at this address with ACRA.
The nearest MRT is Maxwell MRT, 241 m away (about a 4-minute walk). The closest bus stop (Opp Fairfield Meth Ch) is 203 m away (about a 3-minute walk). Icon Village is 456 m away (about a 7-minute walk).
What is Air View Building zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Urban design area
- Udga
- Central Area
- Yes
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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What does space at Air View Building rent for?
Office space on Maxwell Road
Street level · 2021Q4S$ per sq ft per month (median only published)
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 — 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 Air View Building
- 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 Air View Building
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.
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 Air View Building?
- 24 Sept 2024ApprovedFloor 1Change of use to restaurant
Change of use at the 1st storey unit (#01-XX) of the 5-storey building ts03 on lot 99483t at 2 peck seah street to restaurant (chinatown (tanjong pagar) conservation area)
- 7 May 2024RenewedFloor 1Continued use as restaurant
Continued use at the 1st storey unit(#01-XX) of the 5-storey building ts03 on lot 99483t at 2 peck seah street (air view builidng) as restaurant (chinatown (tanjong pagar) conservation area)
- 22 Aug 2022RenewedFloor 1Continued use as restaurant
Continued use at the 1st storey unit(#01-XX) of the 5-storey building ts03 on lot 99483t at 2 peck seah street(air view builidng) as restaurant (chinatown (tanjong pagar) conservation area) on lot 99483t ts03 at 2 peck seah street (chinatown -tanjong pagar conservation area)
- 16 Jun 2020ApprovedChange of use to restaurant
Change of use at the 1st storey unit of the 5-storey building ts03 on lot 99483t at 2 peck seah street to restaurant (chinatown (tanjong pagar) conservation area)
- 5 Jul 2002ApprovedAdditions & alterations
Proposed additon & alteration (chinatown conservation district) to 5-storey commercial building
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$54.50 per unit).
What do commercial rents run near Air View Building?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ 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 Air View Building right now?
For rent (1)
- Air View BuildingS$2k/mo · 95 sqft
What is near Air View Building?
Getting around
- Maxwell MRT241 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Air View Building
nearest MRT/LRT Maxwell (TE18) 210 m, about 23,000 taps a weekday; 10 more stations within 1 km; bus stops within 400 m: 9, about 12,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 20,000 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
- Maxwell (TE18)210 m · about 23,000 weekday taps
- Tanjong Pagar (EW15)217 m · about 85,000 weekday taps
- Telok Ayer (DT18)450 m · about 37,000 weekday taps
- Shenton Way (TE19)503 m · about 32,000 weekday taps
- Chinatown (NE4 / DT19)544 m · about 97,000 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 Air View Building. Transfers between lines don't tap, so interchanges read low.
Bus
9 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Cook St (URA)140 mS$1.20 per half-hour at midday on a weekday · 5 car lots
- Backlane (Cook St) (URA)146 m
- Backlane (Tras St - Co Ok St) (URA)162 m
- Peck Seah St (URA)167 mS$1.20 per half-hour at midday on a weekday · 4 car lots
- Telok Ayer St (URA)170 mS$1.20 per half-hour at midday on a weekday · 49 car lots
Nearest URA season parking: Blair Road-Everton Roa D Area, 1.0 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Air View Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Air View Building?
- Professional, scientific and technical services7
- Information and communications4
- Financial and insurance2
- Accommodation and food services2
- Real estate1
- Administrative and support services1
- Health and social services1
- Wholesale and retail trade0
- Education0
- Manufacturing0
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.
What is Air View Building's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 227 kWh/m²·yr
Frequently asked questions about Air View Building
Where is Air View Building?⌄
Air View Building is at 2 Peck Seah Street, Singapore 079305, in the Downtown Core planning area.
What is Air View Building zoned as?⌄
Air View Building sits on land zoned commercial under the URA Master Plan.
Have there been any recorded transactions at Air View Building?⌄
No caveats have been lodged for Air View Building 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 Air View Building?⌄
Maxwell MRT is the closest, 241 m away (about a 4-minute walk).
How many businesses are registered at Air View Building?⌄
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.
The facts are here — now get the verdict on Air View Building.
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.