Dapenso Building
Dapenso Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 11.2. It is leasehold with roughly 55 years remaining. 6 transactions are on record since 1995, most recently in Feb 2026. 11 units are currently listed for rent. ACRA records 62 live company registrations at this address.
What are the key facts about Dapenso Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 11.2
- Tenure
- Leasehold
- District / Area
- District 1 · Downtown Core
- Address
- 158 Cecil Street
- Land area
- 1,069 sqm
- Completed
- Not on record
- Storeys
- 14 (per CommercialGuru)
- Submarket
- Shenton Way / Tanjong Pagar
- Units with a recorded sale
- At least 1
- Listed as
- Office
- Transactions on record
- 6 (records start 1995)
- Live listings
- 11
- ACRA registrations
- 62
About Dapenso Building
Dapenso Building is a commercial building in Downtown Core (District 01). It is located along Cecil Street, Singapore 069545.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 11.2. It lies inside the Central Area.
The site is leasehold, with about 55 years remaining on the lease. It occupies roughly 1,069 sqm of land with about 11,977 sqm of gross floor area.
6 transactions have been recorded here, at a median of S$2,554 psf. The most recent was in February 2026.
63 businesses are currently registered at this address with ACRA.
The nearest MRT is Telok Ayer MRT, 262 m away (about a 4-minute walk). The closest bus stop (Aft Telok Ayer St) is 101 m away (about a 2-minute walk). Cross Street Exchange is 438 m away (about a 7-minute walk).
What is Dapenso Building zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 11.2
- Urban design area
- Udga
- Central Area
- Yes
What has Dapenso Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Feb 2026 | Office | S$175.00M | 11,512 sqft | $15,201 |
| Jun 2015 | Office | S$240.00M | 11,512 sqft | $20,848 |
| Nov 2007 | Office | S$235.50M | 64,918 sqft | $3,628 |
| Jun 2007 | Office | S$96.00M | 64,918 sqft | $1,479 |
| Dec 2006 | Office | S$58.42M | 64,918 sqft | $900 |
| Mar 2004 | Office | S$27.00M | 64,918 sqft | $416 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Dapenso Building rent for?
Office space on Cecil Street
Street level · 2026Q3S$ per sq ft per month · median -0.4% 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 Cecil Street
Street level · 2026Q3S$ per sq ft per month · median -37.8% 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 Dapenso Building
- Islandwide: Vacancy 5%
- Islandwide (Grade B): Rent S$8.35 psf/mth
- Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m 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 Dapenso Building
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.
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 Dapenso Building?
- 9 Jul 2015ApprovedAdditions & alterations
Proposed amendment to the approved addition & alteration to basement 2, basement 1 and 10th storey of the existing 14-storey office building
- 18 Jun 2015ApprovedAdditions & alterations
Proposed addition & alteration to basement 2, basement 1 and 10th storey of the existing 14-storey office building
- 6 Mar 2014ApprovedAdditions & alterations
Proposed additions and alterations to 12th and 13th storey of the existing 14-storey office building (the spazio)
- 22 Mar 2012ApprovedAdditions & alterations
Proposed additions and alterations to existing office at level 13 and level 14 involving addition of internal staircase
- 27 Oct 2010ApprovedAdditions & alterations
Proposed facade addition & alteration to the existing 14-storey office building
- 2 Jul 2009ApprovedAdditions & alterations
Proposed regularisation of gfa and amendment to approved reconstruction to existing 9-storey office building (dapenso building) with addition of 4 storeys above
- 20 Feb 2008ApprovedAdditions & alterations
Proposed reconstruction to existing 9-storey office building (dapenso building) with addition of 4 storeys above
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$54.50 per unit).
How does Cecil Street price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Dapenso Building?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 Dapenso Building right now?
For rent (11)
- 158 Cecil Street2 agentsS$80k/mo · 10,000 sqft
- 158 Cecil Street2 agentsS$78k/mo · 10,086 sqft
- 158 Cecil Street2 agentsS$72k/mo · 9,000 sqft
- 158 Cecil StreetS$56k/mo · 7,000 sqft
What is near Dapenso Building?
Getting around
- Telok Ayer MRT262 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Dapenso Building
nearest MRT/LRT Telok Ayer (DT18) 239 m, about 37,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 7, about 16,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 17,000 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
- Telok Ayer (DT18)239 m · about 37,000 weekday taps
- Tanjong Pagar (EW15)253 m · about 85,000 weekday taps
- Shenton Way (TE19)291 m · about 32,000 weekday taps
- Maxwell (TE18)372 m · about 23,000 weekday taps
- Raffles Place (EW14 / NS26)446 m · about 133,000 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 Dapenso Building. Transfers between lines don't tap, so interchanges read low.
Bus
7 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Mccallum St) (URA)65 m
- Stanley St (URA)65 mS$1.20 per half-hour at midday on a weekday · 20 car lots
- Mccallum St (URA)72 mS$1.20 per half-hour at midday on a weekday · 11 car lots
- Telok Ayer St (URA)118 mS$1.20 per half-hour at midday on a weekday · 49 car lots
- Backlane (Boon Tat St - Mccallum St) (URA)120 m
Nearest URA season parking: Blair Road-Everton Roa D Area, 1.3 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Dapenso Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Dapenso Building?
- Financial and insurance46
- Professional, scientific and technical services8
- Wholesale and retail trade3
- Transportation and storage3
- Information and communications1
- Manufacturing1
- Accommodation and food services0
- Administrative and support services0
- Real estate0
- 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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.
What is Dapenso Building's BCA building profile?
- BCA building type
- Office
- Green Mark
- Gold (2015)
- Energy use intensity
- 218 kWh/m²·yr
Frequently asked questions about Dapenso Building
Where is Dapenso Building?⌄
Dapenso Building is at 158 Cecil Street, Singapore 069545, in the Downtown Core planning area.
What is Dapenso Building zoned as?⌄
Dapenso Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 11.2.
What is the tenure of Dapenso Building?⌄
Dapenso Building is leasehold. About 55 years remain on the lease.
What have units at Dapenso Building sold for?⌄
Across 6 recorded transactions, the median price is S$2,554 psf. The latest was in February 2026.
What is the nearest MRT station to Dapenso Building?⌄
Telok Ayer MRT is the closest, 262 m away (about a 4-minute walk).
How many businesses are registered at Dapenso Building?⌄
63 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 Dapenso Building.
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.