CommercialCOMMERCIALDistrict 1 · Downtown Core

China Square Food Centre

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

China Square Food Centre 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. 1 unit is currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about China Square Food Centre?

Key takeawayChina Square Food Centre is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
51 Telok Ayer Street
Land area
4,187 sqm
Completed
Not on record
Storeys
30 (© OpenStreetMap contributors)
Submarket
Raffles Place
Listed as
Food & Beverage, Office
Transactions on record
None recorded
Live listings
1
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 China Square Food Centre

China Square Food Centre is a commercial building in Downtown Core (District 01). It is located along Telok Ayer Street, Singapore 048441.

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 4,187 sqm of land with about 29,312 sqm of gross floor area.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 151 m away (about a 2-minute walk). The closest bus stop (Prudential Twr) is 14 m away (about a 0-minute walk). Republic Plaza is 123 m away (about a 2-minute walk).

3

What is China Square Food Centre zoned as?

Key takeawayChina Square Food Centre sits on land zoned COMMERCIAL with a gross plot ratio of 14.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at China Square Food Centre rent for?

Key takeawayNo rent is published for China Square Food Centre itself. On its street, Telok Ayer Street, office space rented at a median of $8.18 psf a month in 2026Q2, with the middle half of leases between $8.00 and $8.20. That is not this building's own rent, and never a quote for a particular unit.

Office space on Telok Ayer Street

Street level · 2026Q2
25th pct
$8.00
$86.12 psm
Median
$8.18
$88.04 psm
75th pct
$8.20
$88.27 psm

S$ per sq ft per month · median +4.9% on a year earlier

2022Q4 · $77.85 psm2026Q2 · $88.04 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 Telok Ayer Street

Street level · 2024Q2
25th pct
—
— psm
Median
$26.26
$282.61 psm
75th pct
—
— psm

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

2022Q2 · $96.70 psm2024Q2 · $282.61 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 China Square Food Centre

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

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.

6

How fast units move at China Square Food Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 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 China Square Food Centre?

Key takeawayURA has approved 8 changes of use at China Square Food 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. 14 Jul 2025Approved
    Change of use to amusement centre

    Proposed change of use of part 3rd storey to amusement centre at china square food centre

  2. 15 Jan 2025Renewed
    Continued use as outdoor refreshment area

    Continued use of part 1st storey covered walkway as outdoor refreshment area (ora)

  3. 17 Jan 2023Renewed
    Continued use as outdoor refreshment area

    Continued use of part 1st storey covered walkway as outdoor refreshment area (ora)

  4. 30 Dec 2020Renewed
    Continued use as outdoor refreshment area

    Continued use of part of 1st storey covered walkway as outdoor refreshment area (ora)

  5. 15 Jan 2019Renewed
    Continued use as outdoor refreshment area

    Continued use of part of 1st storey covered walkway as outdoor refreshment area (ora)

  6. 27 Dec 2017Renewed
    Continued use as outdoor refreshment area

    Continued use of part of 1st storey covered walkway as outdoor refreshment area (ora)

  7. 18 Aug 2017ApprovedFloor 1
    Change of use to restaurant

    Proposed change of use of unit #01-XX to restaurant at china square food centre, 51 telok ayer street on lot 00573c ts01 (downtown core planning area)

  8. 6 Feb 2017Renewed
    Continued use as outdoor refreshment area

    Continued use of part of 1st storey covered walkway as outdoor refreshment area (ora)

  9. 17 Feb 2016Renewed
    Continued use as outdoor refreshment area

    Continued use of part of 1st storey covered walkway as outdoor refreshment area (ora)

  10. 29 Dec 2014Renewed
    Continued use as outdoor refreshment area

    Continued use of part of 1st storey covered walkway as outdoor refreshment area (ora)

  11. 6 Jan 2014Renewed
    Continued use as outdoor refreshment area

    Continued use of part of 1st storey covered walkway as outdoor refreshment area (ora) at 51 telok ayer street

  12. 18 Feb 2013Approved
    Change of use to outdoor refreshment area

    Proposed change of use of part of the 1st storey covered walkway to outdoor refreshment area (ora) at 51 telok ayer street - china square food centre

11 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).

8

What do commercial rents run near China Square Food 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 China Square Food Centre right now?

Key takeaway1 unit is currently listed at China Square Food Centre. One row per unit; several agents often market the same unit.

For rent (1)

  • China Square Food CentreS$7k/mo · 1,000 sqft

Browse every listing at this building →

10

What is near China Square Food Centre?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 151 m away.

Getting around

Amenities nearby

Hotel · 12 mPrudential Twr · 14 mFullerton Health @ OFC · 81 mMarket Street Park · 101 mRaffles Place MRT Exit F · 120 mRepublic Plaza · 123 mMarket Street Hawker Centre · 143 mPlace Of Worship · 189 mAl Marche Pte Ltd · 371 mKreta Ayer Community Club · 779 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at China Square Food Centre

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 119 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 23 public car parks are within 500 m.
Foot traffic: busier than 81% of retail buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 119 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 7, about 13,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 12,000 residents within 1 km (June 2026); 7 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)119 m · about 133,000 weekday taps
  • Telok Ayer (DT18)123 m · about 37,000 weekday taps
  • Downtown (DT17)423 m · about 51,000 weekday taps
  • Shenton Way (TE19)522 m · about 32,000 weekday taps
  • Chinatown (NE4 / DT19)525 m · about 97,000 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 China Square Food Centre. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Backlane (Cecil St - M Arket St) (URA)113 m
  • Backlane (Boon Tat St - Amoy St) (URA)237 m
  • Backlane (Boon Tat St) (URA)237 m
  • Backlane (Synagogue St - Church St) (URA)238 m
  • Boon Tat St (URA)241 m
    S$1.20 per half-hour at midday on a weekday · 17 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.5 km away, S$80/month.

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

12

Who's registered at China Square Food Centre?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list China Square Food Centre as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0
  • Accommodation and food services
    0
  • Administrative and support services
    0
  • Financial and insurance
    0
  • Real estate
    0
  • Professional, scientific and technical services
    0
  • Other services
    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. ACRA, as of 2026-09-16.

13

Frequently asked questions about China Square Food Centre

Where is China Square Food Centre?⌄

China Square Food Centre is at 51 Telok Ayer Street, Singapore 048441, in the Downtown Core planning area.

What is China Square Food Centre zoned as?⌄

China Square Food Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.

Have there been any recorded transactions at China Square Food Centre?⌄

No caveats have been lodged for China Square Food 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 China Square Food Centre?⌄

Telok Ayer MRT is the closest, 151 m away (about a 2-minute walk).

How many businesses are registered at China Square Food Centre?⌄

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 China Square Food Centre.

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

PropKaki
Tell me about China Square Food Centre — 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…