Commercial707 buildingsOutram · Downtown Core · Singapore River

Commercial buildings in District 1

Reviewed by Nathan TangUpdated 24 September 2026
Quick Summary

PropKaki tracks 707 commercial buildings in District 1. Most sit on COMMERCIAL land, with WHITE next. Across 561 recorded transactions in the last 5 years, the median price is about S$3.38M (S$3,205 psf). 1,029 units are listed for sale and 3,683 for rent.

1

Which commercial buildings are in District 1?

Key Takeaway

707 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, 85 transactions in District 1 closed at a median of about S$3.05M (S$3,204 psf); over five years the median is S$3.38M across 561 deals.

Transactions (12m)

85

URA/JTC records

Transactions (5y)

561

URA/JTC records

Median price (12m)

S$3.05M

recent deals

Median PSF (12m)

S$3,204 psf

strata & land mix

Use typeTransactionsMedian PSF
Office420S$3,085 psf
Retail90S$3,561 psf
Shop House51S$10,478 psf
3

What is for sale or rent in District 1?

Key Takeaway

1,029 units are listed for sale and 3,683 for rent in District 1, one row per unit.

For sale

1,029

deduplicated units

For rent

3,683

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 Aug 2026 at S$16.80M (Telok Ayer Conservation Area).

DatePropertyUsePricePSF
Aug 2026Telok Ayer Conservation AreaShop HouseS$16.80M$12,426
Aug 2026Boat Quay Conservation AreaShop HouseS$16.20M$15,065
Aug 2026Telok Ayer Conservation AreaShop HouseS$12.00M$9,619
Jul 2026PlusOfficeS$2.06M$2,699
Jul 2026PlusOfficeS$1.54M$2,702
Jul 2026Suntec Tower OneOfficeS$10.17M$2,907
Jul 2026Suntec Tower OneOfficeS$8.94M$2,275
Jul 2026Solitaire On CecilOfficeS$5.47M$4,268

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 (2026Q2) — the benchmark an asking rent in District 1 should be weighed against.

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

$ 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 707 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 561 recorded transactions in the last 5 years, the median price in District 1 is about S$3.38M (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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