Capitagreen
Capitagreen is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 14.0. 17 units are currently listed for rent. ACRA records 736 live company registrations at this address.
What are the key facts about Capitagreen?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 14.0
- Tenure
- Not on record
- District / Area
- District 1 · Downtown Core
- Address
- 138 Market Street
- Land area
- 4,141 sqm
- Completed
- 2011 (per Wikipedia)
- Storeys
- 40 (per Wikipedia)
- Developer
- Capitaland Limited (per CommercialGuru)
- Owner
- CapitaLand Integrated Commercial Trust (SGX filings)
- Net lettable area
- 695,600 sq ft (the owner's annual report (as filed on SGX))
- Car-park lots
- 184 (the owner's annual report (as filed on SGX))
- Submarket
- Raffles Place
- Listed as
- Office, Shop / Shophouse
- Transactions on record
- None recorded
- Live listings
- 17
- ACRA registrations
- 736
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.
Who owns Capitagreen, and what is it valued at?
- Net lettable area
- 695,600 sq ft
- Committed occupancy
- 97.8% (as of 31 Dec 2025)
- Tenants
- 70
- Car-park lots
- 184
- Land tenure
- Leasehold tenure of 99 years with effect from 1 April 1974
- Green Mark
- BCA Green Mark Platinum
- Major tenants
- Lloyd’s of London (Asia) Pte. Ltd., Rakuten Asia Pte. Ltd., The Work Project Group
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Capitagreen
Capitagreen is a commercial building in Downtown Core (District 01). It is located along Market Street, Singapore 048946.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 14. It lies inside the Central Area.
It occupies roughly 4,141 sqm of land with about 82,003 sqm of gross floor area.
776 businesses are currently registered at this address with ACRA.
The nearest MRT is Telok Ayer MRT, 161 m away (about a 2-minute walk). The closest bus stop (Prudential Twr) is 95 m away (about a 2-minute walk). Republic Plaza is 207 m away (about a 3-minute walk).
What is Capitagreen zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 14.0
- Urban design area
- Udga
- Central Area
- Yes
What does space at Capitagreen rent for?
Office space on Market Street
Street level · 2026Q3S$ per sq ft per month · median +5% 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 Market Street
Street level · 2025Q3S$ per sq ft per month (median only published)
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 Capitagreen
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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 Capitagreen
Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 5 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 Capitagreen?
- 4 Sept 2026RenewedContinued use as restaurant and bar with live entertainment
Continued use of 38th storey as restaurant and bar with live entertainment at existing 40-storey commercial building with 3 basements
- 26 Feb 2025RenewedFloor 40Continued use as restaurant cum bar with ancillary live entertainment
Continued use of restaurant unit #40-XX as restaurant cum bar with ancillary live entertainment at existing 40-storey commercial building with 3 basements
- 29 Dec 2023ApprovedAdditions & alterations
Proposed additions & alterations to the existing 40-storey commercial building with offices, 3 basements involving change of use to restaurant and bar with live entertainment at 39th storey on lot 00725t ts01 at 138 market street (downtown core area)
- 25 Oct 2023ApprovedAdditions & alterations
Proposed additions and alterations to the existing 40 storey commercial building with 3 basements involving changing of use to restaurant and bar with live entertainment at 38th storey on lot 00725t ts01 at 138 market street (downtown core planning area)
- 1 Aug 2022RenewedFloor 40Continued use as restaurant cum bar with ancillary live entertainment
Continued use of restaurant unit #40-XX as restaurant cum bar with ancillary live entertainment at existing 40-storey commercial building with 3 basements
- 22 Apr 2019RenewedFloor 40Continued use as restaurant cum bar with ancillary live entertainment
Continued use of restaurant unit #40-XX as restaurant cum bar with ancillary live entertainment at existing 40-storey commercial building with 3 basements
- 4 May 2017RenewedFloor 40Continued use as restaurant cum bar with ancillary live entertainment
Continued use of restaurant unit #40-XX as restaurant cum bar with ancillary live entertainment at existing 40-storey commercial building with 3 basements (capitagreen)
- 4 Dec 2015ApprovedFloor 5Change of use: office → staff cafeteria at138 market street
Proposed change of use part of the 5th storey (#05-XX) from office to staff cafeteria at138 market street
- 15 Sept 2015ApprovedAdditions & alterations
Proposed additions & alterations to existing roof garden at 5th storey of existing 40-storey commercial building on lot 00503a ts 01 at 138 market street
- 23 Jul 2015ApprovedFloor 39Change of use: gym → health centre
Proposed change of use of part of unit #39-XX from gym to health centre at 138 market street - capitagreen
- 11 Jun 2015ApprovedFloor 2Change of use: child care → medical clinic
Proposed change of use of unit #02-XX from child care to medical clinic at 138 market street - capitagreen
- 13 May 2015ApprovedFloor 40Change of use to restaurant cum bar with ancillary live entertainment
Proposed change of use of restaurant unit #40-XX to restaurant cum bar with ancillary live entertainment at existing 40-storey commercial building with 3 basements (capitagreen)
1 earlier change-of-use and A&A decision is 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$54.50 per unit).
What do commercial rents run near Capitagreen?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 Capitagreen right now?
For rent (17)
- CapitagreenS$290k/mo · 22,271 sqft
- CapitagreenS$69k/mo · 5,338 sqft
- CapitaGreenS$7k/mo · 1,160 sqft
- CapitaGreenS$3k/mo · 140 sqft
What is near Capitagreen?
Getting around
- Telok Ayer MRT161 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Capitagreen
nearest MRT/LRT Raffles Place (EW14/NS26) 137 m, about 133,000 taps a weekday; 12 more stations within 1 km; bus stops within 400 m: 8, about 15,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 13,000 residents within 1 km (June 2026); 6 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.
Stations within 1 km
- Raffles Place (EW14 / NS26)137 m · about 133,000 weekday taps
- Telok Ayer (DT18)147 m · about 37,000 weekday taps
- Downtown (DT17)339 m · about 51,000 weekday taps
- Shenton Way (TE19)420 m · about 32,000 weekday taps
- Tanjong Pagar (EW15)555 m · about 85,000 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 Capitagreen. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 15,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Cecil St - M Arket St) (URA)128 m
- Backlane (Boon Tat St) (URA)205 m
- Backlane (Boon Tat St - Mccallum St) (URA)210 m
- Boon Tat St (URA)220 mS$1.20 per half-hour at midday on a weekday · 17 car lots
- Backlane (Boon Tat St - Amoy St) (URA)241 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.6 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Capitagreen's own car park, if it has one, and its charges are not in the open data.
Who's registered at Capitagreen?
- Financial and insurance463
- Professional, scientific and technical services98
- Wholesale and retail trade62
- Information and communications51
- Administrative and support services20
- Transportation and storage12
- Real estate9
- Manufacturing6
- Accommodation and food services3
- Health and social services3
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 Capitagreen
Where is Capitagreen?⌄
Capitagreen is at 138 Market Street, Singapore 048946, in the Downtown Core planning area.
What is Capitagreen zoned as?⌄
Capitagreen sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.
Have there been any recorded transactions at Capitagreen?⌄
No caveats have been lodged for Capitagreen 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 Capitagreen?⌄
Telok Ayer MRT is the closest, 161 m away (about a 2-minute walk).
How many businesses are registered at Capitagreen?⌄
776 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 Capitagreen.
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.