CommercialCOMMERCIALConservationDistrict 1 · Outram

Bank Of Singapore Centre

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Bank Of Singapore Centre is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. 11 units are currently listed for rent. ACRA records 19 live company registrations at this address.

1

What are the key facts about Bank Of Singapore Centre?

Key takeawayBank Of Singapore Centre is a commercial building in District 1 · Outram, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 1 · Outram
Address
63 Market Street
Land area
976 sqm
Completed
Not on record
Storeys
2 (© OpenStreetMap contributors)
Submarket
City Fringe
Listed as
Office
Transactions on record
None recorded
Live listings
11
ACRA registrations
19

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.

2

About Bank Of Singapore Centre

Bank Of Singapore Centre is a commercial building in Outram (District 01). It is located along Market Street, Singapore 048942.

Under the URA Master Plan it sits on land zoned commercial. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

It occupies roughly 976 sqm of land with about 23,147 sqm of gross floor area.

23 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 233 m away (about a 4-minute walk). The closest bus stop (OCBC Ctr) is 82 m away (about a 1-minute walk). Cross Street Exchange is 185 m away (about a 3-minute walk).

3

What is Bank Of Singapore Centre zoned as?

Key takeawayBank Of Singapore Centre sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
China Square
Conserved building
Yes
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 18,275 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What does space at Bank Of Singapore Centre rent for?

Key takeawayNo rent is published for Bank Of Singapore Centre itself. On its street, Market Street, office space rented at a median of $13.07 psf a month in 2026Q3, with the middle half of leases between $12.87 and $13.27. That is not this building's own rent, and never a quote for a particular unit.

Office space on Market Street

Street level · 2026Q3
25th pct
$12.87
$138.58 psm
Median
$13.07
$140.72 psm
75th pct
$13.27
$142.86 psm

S$ per sq ft per month · median +5% on a year earlier

2023Q4 · $108.20 psm2026Q3 · $140.72 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 Market Street

Street level · 2025Q3
25th pct
—
— psm
Median
$10.58
$113.93 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2022Q1 · $137.78 psm2025Q3 · $113.93 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 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 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 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).

5

Market context around Bank Of Singapore Centre

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Decentralised: Vacancy 3.6%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m 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.

6

How fast units move at Bank Of Singapore Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 11 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 8 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.

7

What's been approved at Bank Of Singapore Centre?

Key takeawayURA has approved 2 changes of use at Bank Of Singapore Centre 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.
  1. 9 Oct 2026Approved
    Additions & alterations

    Proposed additions & alterations involving extension of 2 passenger lifts from 2nd storey to 3rd storey and change of use of 2nd and 3rd storey from gym to office at bank of singapore centre ts01 on lot 00646m, 00649p at 63, market street (downtown core planning area)

  2. 15 Sept 2025Approved
    Change of use to office

    Proposed change of use of part basement 1 to office at bank of singapore centre

  3. 30 Sept 2021Approved
    Additions & alterations

    1st extension of written permission for proposed additions and alterations to part basement 1, part 1st storey and part 2nd storey of bank of singapore centre

  4. 30 Sept 2021Approved
    Additions & alterations

    Proposed 3rd amendment to the approved additions and alterations to part basement 1, part 1st storey and part 2nd storey of bank of singapore centre on lot 00646m & 00649p ts01 at 63 market street singapore 048942

  5. 9 Oct 2019Approved
    Additions & alterations

    Proposed 2nd amendment to the approved additions and alterations to part basement 1, part 1st storey and part 2nd storey of bank of singapore centre on lot 00646m & 00649p ts01 at 63 market street

  6. 28 Aug 2019Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations to part basement 1, part 1st storey and part 2nd storey of bank of singapore centre on lot 00646m & 00649p ts01 at 63 market street singapore 048942

  7. 26 Dec 2018Approved
    Additions & alterations

    Proposed additions and alterations to part basement 1, part 1st storey and part 2nd storey of bank of singapore centre on lot 00646m & 00649p ts01 at 63 market street singapore 048942

  8. 21 Dec 2018ApprovedFloor 16
    Change of use to staff recreation area with cafe

    Proposed change of use of office unit #16-XX to staff recreation area with cafe

  9. 21 Aug 2013ApprovedFloors 2, 3
    Additions & alterations

    Proposed addition and alteration and change of use of units #02-XX & #03-XX from bank to gym and fitness centre

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).

8

What do commercial rents run near Bank Of Singapore Centre?

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

Indicative area yield — District 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
Price side (strata, 5y)
$3,561 psf
90 sales

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 band25th pctMedian75th 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 band25th pctMedian75th 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.

9

What is available at Bank Of Singapore Centre right now?

Key takeaway11 units are currently listed at Bank Of Singapore Centre. One row per unit; several agents often market the same unit.

For rent (11)

  • Bank Of Singapore CentreS$1k/mo · 1,000 sqft
  • Bank Of Singapore CentreS$117k/mo · 9,162 sqft
  • Bank Of Singapore CentreS$10k/mo · 1,347 sqft
  • Bank of Singapore Centre2 agentsS$1k/mo · 150 sqft

Browse every listing at this building →

10

What is near Bank Of Singapore Centre?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 233 m away.

Getting around

Amenities nearby

OCBC Ctr · 82 mPlace Of Worship · 86 mDoctors for Life Medical · 117 mHotel · 142 mTelok Ayer MRT Exit D · 177 mMarket Street Hawker Centre · 177 mCross Street Exchange · 185 mMarket Street Park · 217 mNTUC Fairprice Co-operative Ltd · 426 mKreta Ayer Community Club · 685 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Bank Of Singapore Centre

Key takeawayThe nearest station is Telok Ayer (DT18), 176 m away — a moderately busy station, with about 37,000 taps in and out on an average weekday. 33 public car parks are within 500 m.
Foot traffic: busier than 63% of office buildings

nearest MRT/LRT Telok Ayer (DT18) 176 m, about 37,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 8, about 13,000 taps a weekday; Outram: 38,402 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

  • Telok Ayer (DT18)176 m · about 37,000 weekday taps
  • Raffles Place (EW14 / NS26)329 m · about 133,000 weekday taps
  • Chinatown (NE4 / DT19)330 m · about 97,000 weekday taps
  • Clarke Quay (NE5)403 m · about 31,000 weekday taps
  • Maxwell (TE18)533 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 Bank Of Singapore Centre. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Synagogue St - Church St) (URA)93 m
  • Backlane (Synagogue St ) (URA)163 m
  • Club St (URA)218 m
    S$1.20 per half-hour at midday on a weekday · 27 car lots
  • Backlane (Gemmill Lane ) (URA)226 m
  • North Canal Rd (URA)226 m
    S$1.20 per half-hour at midday on a weekday · 24 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.2 km away, S$80/month.

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

12

Who's registered at Bank Of Singapore Centre?

Key takeaway19 live companies (and LLPs and branches; sole proprietors are not counted) list Bank Of Singapore Centre as their registered address. These are registered businesses, not who occupies the space.
  • Professional, scientific and technical services
    9
  • Financial and insurance
    8
  • Administrative and support services
    1
  • Accommodation and food services
    1
  • Wholesale and retail trade
    0
  • Information and communications
    0
  • Transportation and storage
    0
  • Construction
    0
  • Real estate
    0
  • Manufacturing
    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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

13

What is Bank Of Singapore Centre's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
458 kWh/m²·yr
14

Frequently asked questions about Bank Of Singapore Centre

Where is Bank Of Singapore Centre?⌄

Bank Of Singapore Centre is at 63 Market Street, Singapore 048942, in the Outram planning area.

What is Bank Of Singapore Centre zoned as?⌄

Bank Of Singapore Centre sits on land zoned commercial under the URA Master Plan.

Is Bank Of Singapore Centre a conserved property?⌄

Yes. Bank Of Singapore Centre falls within a URA conservation area, so external works are subject to conservation guidelines.

Have there been any recorded transactions at Bank Of Singapore Centre?⌄

No caveats have been lodged for Bank Of Singapore Centre 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 Bank Of Singapore Centre?⌄

Telok Ayer MRT is the closest, 233 m away (about a 4-minute walk).

How many businesses are registered at Bank Of Singapore Centre?⌄

23 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.

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