CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Dbs Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Nov 2005
Quick Summary

Dbs 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 13.0. It is leasehold with roughly 40 years remaining. 1 transaction is on record since 1995, most recently in Nov 2005. 28 units are currently listed for rent. ACRA records 1,110 live company registrations at this address.

1

What are the key facts about Dbs Building?

Key takeawayDbs Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
13.0
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
6 Shenton Way
Land area
8,352 sqm
Completed
Not on record
Storeys
5 (© OpenStreetMap contributors)
Submarket
Shenton Way / Tanjong Pagar
Listed as
Office, Food & Beverage
Transactions on record
1 (records start 1995)
Live listings
28
ACRA registrations
1,110
2

About Dbs Building

Dbs Building is a commercial building in Downtown Core (District 01). It is located along Shenton Way, Singapore 068809.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 13. It lies inside the Central Area.

The site is leasehold, with about 40 years remaining on the lease. It occupies roughly 8,352 sqm of land with about 116,055 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$7,676 psf. The most recent was in November 2005.

1,235 businesses are currently registered at this address with ACRA.

The nearest MRT is Shenton Way MRT, 233 m away (about a 4-minute walk). The closest bus stop (Aft Capital Twr) is 100 m away (about a 2-minute walk). Icon Village is 479 m away (about a 8-minute walk).

3

What is Dbs Building zoned as?

Key takeawayDbs Building sits on land zoned COMMERCIAL with a gross plot ratio of 13.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
13.0
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 108,576 sqm · built 116,055 sqm · headroom -7,479 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Dbs Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2005OfficeS$690.00M89,893 sqft$7,676

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

5

What does space at Dbs Building rent for?

Key takeawayNo rent is published for Dbs Building itself. On its street, Shenton Way, office space rented at a median of $9.02 psf a month in 2026Q3, with the middle half of leases between $6.56 and $9.85. That is not this building's own rent, and never a quote for a particular unit.

Office space on Shenton Way

Street level · 2026Q3
25th pct
$6.56
$70.61 psm
Median
$9.02
$97.04 psm
75th pct
$9.85
$106.03 psm

S$ per sq ft per month · median +8% on a year earlier

2023Q4 · $78.03 psm2026Q3 · $97.04 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 Shenton Way

Street level · 2026Q3
25th pct
$6.90
$74.28 psm
Median
$8.88
$95.59 psm
75th pct
$11.66
$125.56 psm

S$ per sq ft per month · median +16.3% on a year earlier

2023Q4 · $69.97 psm2026Q3 · $95.59 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).

6

Market context around Dbs Building

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Vacancy 5%
  • Islandwide (Grade B): Rent S$8.35 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m sq ft
Singapore Office MarketBeat Q2 2026

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.

7

How fast units move at Dbs Building

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

Rent: between 6 Aug 2026 and 28 Aug 2026, 5 new listings appeared and 2 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.

8

What's been approved at Dbs Building?

Key takeawayURA has approved 14 changes of use at Dbs Building since 2000, most recently in 2024. 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. 6 Nov 2024ApprovedFloor 17
    Change of use to office

    Proposed change of use of #17-XX (oue downtown 2) to office

  2. 29 Sept 2023Approved
    Change of use: breakfast lounge, resident lounge, meeting area, bar/pub, and executive lounge → restaurant with live entertainment

    Proposed change of use of part 7th storey from breakfast lounge, resident lounge, meeting area, bar/pub, and executive lounge to restaurant with live entertainment at dao by dorsett amtd singapore, oue downtown tower 1

  3. 3 Nov 2021Approved
    Change of use to dining areas

    Proposed change of use of part of 7th storey to dining areas (for the restaurant on the 7th storey) at oakwood premier amtd singapore

  4. 14 Sept 2021ApprovedFloor 17
    Change of use to commercial school

    Proposed change of use of office unit #17-XX to commercial school at oue downtown

  5. 9 Apr 2020Approved
    Additions & alterations

    Additions and terations to existing hotel from 8th to 18th and 21st to 32nd storeys in tower 1 for 314 hotel rooms on lot 00083n pt ts30 at 6 shenton way

  6. 7 Nov 2018Approved
    Additions & alterations

    Proposed change of use to existing tower one building (conversion of existing 24 floors of service apartment to hotel) on lot 00083n at ts30 at 6 shenton way (downtown core planning area

  7. 25 Sept 2017Approved
    Additions & alterations

    Proposed amendment to approved addition and alteration to existing office podium and amendment to approved addition and alteration and change of use to existing tower one building (conversion of existing 24 floors of office spaces to service apartment) with overall facade refurbishment works on lot 00083n at ts30 at 6 shenton way (downtown core planning area)

  8. 22 Sept 2017Agency worksFloor 1
    Change of use to restaurant

    Lodgment for proposed use of unit #01-XX & #01-XX as restaurant

  9. 22 Sept 2017Agency worksFloor 3
    Change of use to restaurant

    Lodgment for proposed use of the unit #03-XX as restaurant

  10. 22 Sept 2017Agency worksFloor 5
    Change of use to office

    Lodgment for porposed use of unit #05-XX as office

  11. 21 Jun 2017Agency worksFloor 1
    Change of use to restaurant

    Lodgment for porposed use of unit #01-XX as restaurant

  12. 20 Jun 2017Approved
    Change of use: communal area → bar/pub

    Proposed change of use of part of 7th storey from communal area to bar/pub at oue downtown

21 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).

9

How does Shenton Way price?

Key takeawayAcross 27 strata sales on Shenton Way in the last 5 years, the median is $2,393 psf.
Strata sales on the street (5y)
27
Street median PSF (strata)
$2,393

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

10

What do commercial rents run near Dbs Building?

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.

11

What is available at Dbs Building right now?

Key takeaway28 units are currently listed at Dbs Building. One row per unit; several agents often market the same unit.

For rent (28)

  • Oakwood Premier OUE Singapore / OUE DowntownS$39k/mo · 3,500 sqft
  • Oakwood Premier OUE Singapore / OUE DowntownS$44k/mo · 4,000 sqft
  • Oakwood Premier OUE Singapore / OUE DowntownS$176k/mo · 16,000 sqft
  • Oakwood Premier OUE Singapore / OUE DowntownS$19k/mo · 1,851 sqft

Browse every listing at this building →

12

What is near Dbs Building?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 233 m away.

Getting around

Amenities nearby

Sw1 Clinic · 23 mAft Capital Twr · 100 mTanjong Pagar MRT Exit E · 167 mTanjong Pagar Pk · 204 mPlace Of Worship · 215 mAp House Pte. Ltd. · 301 mHotel · 336 mAmoy Street Food Centre · 361 mIcon Village · 479 mKreta Ayer Community Club · 761 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Dbs Building

Key takeawayThe nearest station is Tanjong Pagar (EW15), 166 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. 19 public car parks are within 500 m.
Foot traffic: busier than 78% of office buildings

nearest MRT/LRT Tanjong Pagar (EW15) 166 m, about 85,000 taps a weekday; 10 more stations within 1 km; bus stops within 400 m: 9, about 18,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 16,000 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

  • Tanjong Pagar (EW15)166 m · about 85,000 weekday taps
  • Shenton Way (TE19)196 m · about 32,000 weekday taps
  • Prince Edward Road (CC32)430 m · 3,673 weekday taps
  • Downtown (DT17)534 m · about 51,000 weekday taps
  • Telok Ayer (DT18)546 m · about 37,000 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 Dbs Building. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Prince Edward Rd - She Nton Way Off St (URA)207 m
    S$1.50 per half-hour at midday on a weekday · 84 car lots
  • Marina View Off St (URA)285 m
    S$1.20 per half-hour at midday on a weekday · 44 car lots
  • Mccallum St (URA)314 m
    S$1.20 per half-hour at midday on a weekday · 11 car lots
  • Telok Ayer St (URA)315 m
    S$1.20 per half-hour at midday on a weekday · 49 car lots
  • Backlane (Mccallum St) (URA)325 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. Dbs Building's own car park, if it has one, and its charges are not in the open data.

14

Who's registered at Dbs Building?

Key takeaway1,110 live companies (and LLPs and branches; sole proprietors are not counted) list Dbs Building as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    491
  • Professional, scientific and technical services
    223
  • Wholesale and retail trade
    133
  • Information and communications
    104
  • Transportation and storage
    65
  • Health and social services
    25
  • Administrative and support services
    21
  • Manufacturing
    16
  • Other services
    11
  • Education
    8

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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

15

What is Dbs Building's BCA building profile?

BCA building type
Office
Green Mark
Certified (2017)
Energy use intensity
181 kWh/m²·yr
16

Frequently asked questions about Dbs Building

Where is Dbs Building?⌄

Dbs Building is at 6 Shenton Way, Singapore 068809, in the Downtown Core planning area.

What is Dbs Building zoned as?⌄

Dbs Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 13.

What is the tenure of Dbs Building?⌄

Dbs Building is leasehold. About 40 years remain on the lease.

What have units at Dbs Building sold for?⌄

Across 1 recorded transaction, the median price is S$7,676 psf. The latest was in November 2005.

What is the nearest MRT station to Dbs Building?⌄

Shenton Way MRT is the closest, 233 m away (about a 4-minute walk).

How many businesses are registered at Dbs Building?⌄

1,235 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

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This development is also registered as the residential project Oakwood Premier OUE.