CommercialDistrict 2 · Downtown Core

Bestway Building

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Bestway Building is a commercial building in District 2 · Downtown Core. ACRA records 3 live company registrations at this address.

1

What are the key facts about Bestway Building?

Key takeawayBestway Building is a commercial building in District 2 · Downtown Core.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
Tenure
Not on record
District / Area
District 2 · Downtown Core
Address
12 Prince Edward Road
Land area
29,256 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
3

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 Bestway Building

Bestway Building is a building in Downtown Core (District 02). It is located along Prince Edward Road, Singapore 079212.

It lies inside the Central Area.

It occupies roughly 29,256 sqm of land with about 8,768 sqm of gross floor area.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Shenton Way MRT, 450 m away (about a 7-minute walk). The closest bus stop (Shenton Way Ter) is 198 m away (about a 3-minute walk). Icon Village is 539 m away (about a 8-minute walk).

3

What is Bestway Building zoned as?

Key takeawayBestway Building sits on land zoned , inside the Central Area.
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What do commercial rents run near Bestway Building?

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.

5

What is near Bestway Building?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 450 m away.

Getting around

Amenities nearby

Shenton Way Ter · 198 mHealthway Medical Centre (8 Shenton Way) · 303 mTanjong Pagar MRT Exit H · 350 mHotel · 409 mTanjong Pagar Pk · 412 mIcon Village · 539 mPlace Of Worship · 553 mAmoy Street Food Centre · 695 mTanjong Pagar Community Club · 881 mEducational Institution · 942 m

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at Bestway Building?

Key takeawayACRA records 3 live company registrations at this address.
Live registrations
3
Registered last 3 years
0
Most common type
Sole Proprietorship/ Partnership

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.

7

Frequently asked questions about Bestway Building

Where is Bestway Building?

Bestway Building is at 12 Prince Edward Road, Singapore 079212, in the Downtown Core planning area.

Have there been any recorded transactions at Bestway Building?

No caveats have been lodged for Bestway 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 Bestway Building?

Shenton Way MRT is the closest, 450 m away (about a 7-minute walk).

How many businesses are registered at Bestway Building?

3 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 Bestway Building.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Bestway Building — 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