Asia Square Tower 1
Asia Square Tower 1 is a commercial building in District 1 · Downtown Core, on land zoned WHITE under the URA Master Plan with a gross plot ratio of 13.0. 79 units are currently listed for rent. ACRA records 835 live company registrations at this address.
What are the key facts about Asia Square Tower 1?
- Asset class
- Commercial
- Land-use zone
- WHITE
- Gross plot ratio
- 13.0
- Tenure
- Not on record
- District / Area
- District 1 · Downtown Core
- Address
- 8 Marina View
- Land area
- 10,239 sqm
- Completed
- 2011 (per Wikipedia)
- Storeys
- 43 (per Wikipedia)
- Developer
- Mgpa (per CommercialGuru)
- Submarket
- Marina Bay
- Listed as
- Office
- Transactions on record
- None recorded
- Live listings
- 79
- ACRA registrations
- 835
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.
What are the specs at Asia Square Tower 1?
- Facilities
- gym, canteen / food outlets, 24-hour security
- Source: CommercialGuru
About Asia Square Tower 1
Asia Square Tower 1 is a commercial building in Downtown Core (District 01). It is located along Marina View, Singapore 018960.
Under the URA Master Plan it sits on land zoned white with a gross plot ratio of 13. It lies inside the Central Area.
It occupies roughly 10,239 sqm of land with about 133,120 sqm of gross floor area.
946 businesses are currently registered at this address with ACRA.
The nearest MRT is Shenton Way MRT, 169 m away (about a 3-minute walk). The closest bus stop (Shenton Way Stn Exit 3) is 163 m away (about a 3-minute walk). Republic Plaza is 508 m away (about a 8-minute walk).
What is Asia Square Tower 1 zoned as?
- Land-use zone
- WHITE
- Gross plot ratio
- 13.0
- Urban design area
- Udga
- Central Area
- Yes
What does space at Asia Square Tower 1 rent for?
Office space on Marina View
Street level · 2026Q3S$ per sq ft per month · median -4.2% 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 Marina View
Street level · 2026Q3S$ per sq ft per month · median +15.2% 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 Asia Square Tower 1
- 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%
- Marina Bay: Rent S$13.21 psf/mth · Vacancy 2.1% · Planned / under construction 0.00m 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 Asia Square Tower 1
Rent: between 6 Aug 2026 and 28 Aug 2026, 13 new listings appeared and 6 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 Asia Square Tower 1?
- 14 Sept 2026RenewedFloor 7Continued use as fitness centre
Continued use of unit #07-XX from office to fitness centre at asia square tower 1
- 17 Nov 2025RenewedFloor 1Continued use as restaurant and bar with live entertainment
Continued use of unit #01-XX as restaurant and bar with live entertainment at asia square tower
- 19 Aug 2025RenewedFloor 1Continued use as outdoor refreshment area
Continued use of part of covered walkway as outdoor refreshment area (ora) at #01-XX of asia square tower 1
- 27 Nov 2023ApprovedFloor 1Change of use to restaurant and bar with live entertainment
Proposed change of use of unit #01-XX to restaurant and bar with live entertainment at asia square tower 1
- 30 Oct 2023ApprovedFloor 7Change of use: office → fitness centre
Proposed change of use of unit #07-XX from office to fitness centre at asia square tower 1
- 6 Feb 2023ApprovedAdditions & alterations
Proposed removal of travellator and addition of manual glass doors at 2nd storey of asia square tower 1 on lot 00290a ts30 at 8 marina view (downtown core planning area)
- 12 Nov 2022ApprovedFloor 1Change of use to restaurant and bar with live entertainment
Proposed change of use of unit #01-XX to restaurant and bar with live entertainment at asia square tower 1
- 18 Apr 2022RenewedContinued use as outdoor refreshment area
Continued use of part of covered walkway as outdoor refreshment area (ora) at 1st storey of asia square tower 1
- 15 Dec 2020ApprovedFloor 15Change of use: medical clinic → office
Proposed change of use of unit #15-XX (previously known as #15-XX) from medical clinic to office at asia square tower 1
- 19 Feb 2020RenewedContinued use as outdoor refreshment area
Continued use of part of covered walkway as outdoor refreshment area (ora) at 1st storey of asia square tower 1
- 25 May 2018ApprovedFloor 1Change of use to cafe & shop
Proposed change of use of unit #01-XX to cafe & shop at asia square tower 1
- 20 Jul 2017RenewedContinued use as outdoor refreshment area
Continued use of part of covered walkway as outdoor refreshment area (ora) at 1st storey of asia square tower 1
15 earlier change-of-use and A&A decisions are on record since 2000.
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$54.50 per unit).
What do commercial rents run near Asia Square Tower 1?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 Asia Square Tower 1 right now?
For rent (79)
- Asia Square Tower 1S$57k/mo · 3,956 sqft
- Asia Square TowersS$47k/mo · 4,000 sqft
- Asia Square TowersS$278/mo · 71,117 sqft
- Asia Square TowersS$19k/mo · 1,200 sqft
What is near Asia Square Tower 1?
Getting around
- Shenton Way MRT169 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Asia Square Tower 1
nearest MRT/LRT Shenton Way (TE19) 147 m, about 32,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 10, about 24,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 11,000 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
- Shenton Way (TE19)147 m · about 32,000 weekday taps
- Downtown (DT17)151 m · about 51,000 weekday taps
- Raffles Place (EW14 / NS26)380 m · about 133,000 weekday taps
- Marina Bay (NS27 / CC33 / TE20)402 m · about 13,000 weekday taps
- Marina Bay (NS27 / CE2 / TE20)402 m · 4,571 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 Asia Square Tower 1. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with about 24,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Boon Tat St - Mccallum St) (URA)267 m
- Stanley St (URA)380 mS$1.20 per half-hour at midday on a weekday · 20 car lots
- Backlane (Cecil St - M Arket St) (URA)393 m
- Backlane (Boon Tat St) (URA)415 m
- Backlane (Mccallum St) (URA)429 m
Nearest URA season parking: Blair Road-Everton Roa D Area, 1.6 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Asia Square Tower 1's own car park, if it has one, and its charges are not in the open data.
Who's registered at Asia Square Tower 1?
- Financial and insurance547
- Professional, scientific and technical services68
- Wholesale and retail trade56
- Information and communications53
- Administrative and support services42
- Transportation and storage22
- Real estate18
- Manufacturing7
- Arts, entertainment and recreation5
- Accommodation and food services4
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 Asia Square Tower 1's BCA building profile?
- BCA building type
- Office
- Green Mark
- Platinum (2018)
- Energy use intensity
- 174 kWh/m²·yr
Frequently asked questions about Asia Square Tower 1
Where is Asia Square Tower 1?⌄
Asia Square Tower 1 is at 8 Marina View, Singapore 018960, in the Downtown Core planning area.
What is Asia Square Tower 1 zoned as?⌄
Asia Square Tower 1 sits on land zoned white under the URA Master Plan, with a gross plot ratio of 13.
Have there been any recorded transactions at Asia Square Tower 1?⌄
No caveats have been lodged for Asia Square Tower 1 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 Asia Square Tower 1?⌄
Shenton Way MRT is the closest, 169 m away (about a 3-minute walk).
How many businesses are registered at Asia Square Tower 1?⌄
946 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 Asia Square Tower 1.
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