CommercialCOMMERCIALDistrict 1 · Downtown Core

Change Alley

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Change Alley is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 15.0. ACRA records 0 live company registrations at this address.

1

What are the key facts about Change Alley?

Key takeawayChange Alley is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
15.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
Land area
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

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 Change Alley

Change Alley is a commercial building in Downtown Core (District 01). It is located along Collyer Quay.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.

The nearest MRT is Raffles Place MRT, 120 m away (about a 2-minute walk). The closest bus stop (OUE Bayfront) is 64 m away (about a 1-minute walk). One Raffles Place is 164 m away (about a 3-minute walk).

3

What is Change Alley zoned as?

Key takeawayChange Alley sits on land zoned COMMERCIAL with a gross plot ratio of 15.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
15.0
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

How does Collyer Quay price?

Strata sales on the street (5y)
8

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

5

What do commercial rents run near Change Alley?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

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.

6

What is near Change Alley?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 120 m away.

Getting around

Amenities nearby

Acumed Medical Group · 0 mOUE Bayfront · 64 mRaffles Place MRT Exit A · 122 mRaffles Place Pk · 133 mHotel · 138 mOne Raffles Place · 164 mMarket Street Hawker Centre · 283 mPlace Of Worship · 321 mAl Marche Pte Ltd · 380 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Change Alley?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

Frequently asked questions about Change Alley

Where is Change Alley?

Change Alley is at Collyer Quay, in the Downtown Core planning area.

What is Change Alley zoned as?

Change Alley sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.

Have there been any recorded transactions at Change Alley?

No caveats have been lodged for Change Alley 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 Change Alley?

Raffles Place MRT is the closest, 120 m away (about a 2-minute walk).

For agents · in the PropKaki app

The facts are here — now get the verdict on Change Alley.

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

PropKaki
Tell me about Change Alley — 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