Commercial711 buildingsOutram · Downtown Core · Singapore River

Commercial buildings in District 1

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

PropKaki tracks 711 commercial buildings in District 1. Most sit on COMMERCIAL land, with WHITE next. Across 545 recorded transactions in the last 5 years, the median price is about S$3.39M (S$3,205 psf). 1,021 units are listed for sale and 3,495 for rent.

1

Which commercial buildings are in District 1?

Key Takeaway

711 buildings are tracked in District 1 — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

2

What do commercial properties in District 1 sell for?

Key Takeaway

In the last 12 months, 88 transactions in District 1 closed at a median of about S$3.23M (S$3,174 psf); over five years the median is S$3.39M across 545 deals.

Transactions (12m)

88

URA/JTC records

Transactions (5y)

545

URA/JTC records

Median price (12m)

S$3.23M

recent deals

Median PSF (12m)

S$3,174 psf

strata & land mix

Use typeTransactionsMedian PSF
Office409S$3,116 psf
Retail90S$3,561 psf
Shop House46S$10,249 psf
3

What is for sale or rent in District 1?

Key Takeaway

1,021 units are listed for sale and 3,495 for rent in District 1, one row per unit.

For sale

1,021

deduplicated units

For rent

3,495

deduplicated units

Browse rentals in District 1 → · Browse sales →

4

What are the most recent commercial deals in District 1?

Key Takeaway

The latest recorded deal in District 1 closed in Oct 2026 at S$3.15M (Oxley Tower).

DatePropertyUsePricePSF
Oct 2026Oxley TowerOfficeS$3.15M$3,147
Oct 2026The PlatinumShop HouseS$36.89M$8,787
Oct 2026Suntec Tower ThreeOfficeS$11.16M$3,200
Oct 2026N.a.Shop HouseS$8.50M$4,588
Oct 2026Havelock2OfficeS$2.27M$1,799
Oct 2026Chinatown PointOfficeS$4.30M$1,832
Oct 2026The CentralOfficeS$1.65M$2,598
Sept 2026Prudential TowerOfficeS$12.48M$2,488

The latest recorded URA/JTC deals in District 1. Strata and land deals mix in one list — their PSF is not comparable.

5

What do retail rents run in District 1?

Key Takeaway

URA's contracted-rent percentiles for District 1 (2026Q3) — the benchmark an asking rent in District 1 should be weighed against.

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

$ psm/month, URA REALIS rental contracts. District 1 is where most of this area's recent deals sit — a district benchmark, not a rent for any particular unit. Retail only; office rents are dimensioned by URA location, not district.

6

What is commercial land in District 1 zoned as?

Key Takeaway

Most tracked buildings in District 1 sit on COMMERCIAL land, followed by WHITE (URA Master Plan).

COMMERCIAL · 48WHITE · 5COMMERCIAL & RESIDENTIAL · 3HOTEL · 2RESIDENTIAL · 1RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 1
7

Frequently asked questions

Which commercial buildings are in District 1?⌄

PropKaki tracks 711 commercial buildings in District 1, across Outram, Downtown Core, Singapore River, including The Central, The Central, People's Park Centre, Oxley Tower, People's Park Complex.

What do commercial properties in District 1 sell for?⌄

Across 545 recorded transactions in the last 5 years, the median price in District 1 is about S$3.39M (S$3,205 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is commercial land in District 1 zoned as?⌄

Of the tracked buildings in District 1, 48 sit on COMMERCIAL land, 5 sit on WHITE land, 3 sit on COMMERCIAL & RESIDENTIAL land, 2 sit on HOTEL land under the URA Master Plan.

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Ubi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.

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