Central Square
Central Square is a commercial building in District 1 · Singapore River, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is leasehold with roughly 68 years remaining. 1 transaction is on record since 1995, most recently in Dec 2021. 3 units are currently listed for sale or rent. ACRA records 9 live company registrations at this address.
What are the key facts about Central Square?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 20 Havelock Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Submarket
- City Fringe
- Transactions on record
- 1 (records start 1995)
- Live listings
- 3
- ACRA registrations
- 9
About Central Square
Central Square is a mixed-use building in Singapore River (District 01). It is located along Havelock Road, Singapore 059765.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey. It lies inside the Central Area.
The site is leasehold, with about 68 years remaining on the lease.
1 transaction has been recorded here, at a median of S$4,691 psf. The most recent was in December 2021.
11 businesses are currently registered at this address with ACRA.
The nearest MRT is Clarke Quay MRT, 367 m away (about a 6-minute walk). The closest bus stop (Ctrl Sq) is 40 m away (about a 1-minute walk). Clarke Quay Central is 374 m away (about a 6-minute walk).
What is Central Square zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 has Central Square sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2021 | Office | S$315.00M | 67,148 sqft | $4,691 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Central Square rent for?
Office space on Havelock Road
Street level · 2026Q3S$ per sq ft per month · median +2.6% 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 Havelock Road
Street level · 2026Q3S$ per sq ft per month · median +6.4% 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 Central Square
- City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m 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 Central Square
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.
Sale: 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 Central Square?
- 9 Dec 2020ApprovedFloor 1Change of use to commercial school
Proposed change of use of unit #01-XX to commercial school - central square
- 20 Aug 2017ApprovedFloor 1Change of use to fitness centre
Proposed change of use of unit #01-XX to fitness centre on lot 00320n ts08 at 20 havelock road - central square (singapore river plannning area)
- 13 Oct 2016Agency worksFloor 1Change of use to restaurant
Lodgment for proposed use of unit #01-XX as restaurant
- 16 Aug 2016RefusedFloor 1Change of use to restaurant with live entertainment
Proposed change of use of unit #01-XX to restaurant with live entertainment
- 30 Jun 2016Agency worksFloor 1Change of use to shop
Lodgment for proposed use of units #01-XX as shop
- 10 Oct 2014Agency worksFloor 1Change of use to office or commercial school
Lodgement for proposed use of units #01-XX, #01-XX & #01-XX as office or commercial school
- 15 Apr 2014ApprovedFloor 1Change of use to fitness centre
Change of use of units #01-XX to fitness centre and units #01-XX as ancillary office (for the fitness centre at #01-XX) on lots 00320n and 00321x ts08 at 20 havelock road - central square (singapore river planning area)
- 9 Oct 2013Agency worksFloor 1Change of use to restaurant
Lodgement for proposed use of units #01-XX & #01-XX as restaurant
- 1 Apr 2013ApprovedAdditions & alterations
Proposed addition & alteration works to the existing central square village
- 30 May 2012ApprovedFloor 1Change of use to restaruant
Change of use of unit #01-XX to restaruant at central square
- 24 Feb 2012ApprovedFloor 1Change of use to restaurant
Change of use of unit #01-XX to restaurant at central square
- 20 Jan 2012ApprovedAdditions & alterations
Proposed retention of use of existing part 4/ part 7 storey residential flat (total: 128 units) to service apartment of existing part 4/ part 7 storey residential development with swimming pool and carpark of existing part 4/ 7 storey mixed development
10 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$54.50 per unit).
How does Havelock Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Central Square?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 Central Square right now?
For sale (1)
- Super Rare Hotel Investment Opportunity in Prime Central SingaporeS$300.00M · 130,000 sqft
For rent (2)
- Fitted Spa Unit in CBD For Rental !S$106k/mo · 11,745 sqft
- ⭐️Clarke Quay / Chinatown / Havelock⭐️ L1 Prominent UnitS$5k/mo · 517 sqft
What is near Central Square?
Getting around
- Clarke Quay MRT367 m · ~6 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Central Square
nearest MRT/LRT Clarke Quay (NE5) 296 m, about 31,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 8, about 21,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 21,000 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
- Clarke Quay (NE5)296 m · about 31,000 weekday taps
- Chinatown (NE4 / DT19)306 m · about 97,000 weekday taps
- Fort Canning (DT20)484 m · about 14,000 weekday taps
- Telok Ayer (DT18)768 m · about 37,000 weekday taps
- Maxwell (TE18)798 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 Central Square. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- New Market Rd (URA)195 m
- Blk 34 Upper Cross Street Car Park (HDB)228 mS$1.20 per half-hour at midday on a weekday
- Blk 54 Chin Swee Road Mscp (HDB)246 mS$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 260 car lots
- Blk 33 Park Crescent Mscp (HDB)320 mS$1.20 per half-hour at midday on a weekday · gantry 2.15 m · 576 car lots
- Blk 1 Jalan Kukoh Car Park (HDB)403 mS$0.60 per half-hour at midday on a weekday · 42 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 522 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Central Square's own car park, if it has one, and its charges are not in the open data.
Who's registered at Central Square?
- Wholesale and retail trade2
- Education2
- Information and communications2
- Administrative and support services2
- Accommodation and food services1
- Professional, scientific and technical services0
- Financial and insurance0
- Manufacturing0
- Transportation and storage0
- Other services0
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 Central Square's BCA building profile?
- BCA building type
- Hotel
- Green Mark
- NA (NA)
- Energy use intensity
- 182 kWh/m²·yr
Frequently asked questions about Central Square
Where is Central Square?⌄
Central Square is at 20 Havelock Road, Singapore 059765, in the Singapore River planning area.
What is Central Square zoned as?⌄
Central Square sits on land zoned residential with commercial at 1st storey under the URA Master Plan.
What is the tenure of Central Square?⌄
Central Square is leasehold. About 68 years remain on the lease.
What have units at Central Square sold for?⌄
Across 1 recorded transaction, the median price is S$4,691 psf. The latest was in December 2021.
What is the nearest MRT station to Central Square?⌄
Clarke Quay MRT is the closest, 367 m away (about a 6-minute walk).
How many businesses are registered at Central Square?⌄
11 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 Central Square.
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.