CommercialCIVIC & COMMUNITY INSTITUTIONDistrict 6 · Downtown Core

Efg Bank Building

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

Efg Bank Building is a commercial building in District 6 · Downtown Core, on land zoned CIVIC & COMMUNITY INSTITUTION under the URA Master Plan. ACRA records 0 live company registrations at this address.

1

What are the key facts about Efg Bank Building?

Key takeawayEfg Bank Building is a commercial building in District 6 · Downtown Core, zoned CIVIC & COMMUNITY INSTITUTION.
Asset class
Commercial
Land-use zone
CIVIC & COMMUNITY INSTITUTION
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 6 · Downtown Core
Address
—
Land area
850 sqm
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
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 Efg Bank Building

Efg Bank Building is a building in Downtown Core (District 06). It is located along High Street.

Under the URA Master Plan it sits on land zoned civic & community institution. It lies inside the Central Area.

It occupies roughly 850 sqm of land with about 6,521 sqm of gross floor area.

The nearest MRT is Clarke Quay MRT, 396 m away (about a 6-minute walk). The closest bus stop (Opp The Treasury) is 97 m away (about a 2-minute walk). Funan Mall is 190 m away (about a 3-minute walk).

3

What is Efg Bank Building zoned as?

Key takeawayEfg Bank Building sits on land zoned CIVIC & COMMUNITY INSTITUTION, inside the Central Area.
Land-use zone
CIVIC & COMMUNITY INSTITUTION
Gross plot ratio
Subject to Evaluation
Urban design area
Udga
Central Area
Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 6,521 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 does space at Efg Bank Building rent for?

Key takeawayNo rent is published for Efg Bank Building itself. On its street, High Street, office space rented at a median of $5.88 psf a month in 2026Q3, with the middle half of leases between $5.38 and $6.13. That is not this building's own rent, and never a quote for a particular unit.

Office space on High Street

Street level · 2026Q3
25th pct
$5.38
$57.87 psm
Median
$5.88
$63.29 psm
75th pct
$6.13
$65.98 psm

S$ per sq ft per month · median +4% on a year earlier

2023Q4 · $52.63 psm2026Q3 · $63.29 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 High Street

Street level · 2024Q3
25th pct
—
— psm
Median
$5.85
$62.96 psm
75th pct
—
— psm

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

2021Q3 · $45.33 psm2024Q3 · $62.96 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 6 retail

Region band · 2026Q3
25th pct
$8.45
$90.91 psm
Median
$11.11
$119.62 psm
75th pct
$14.88
$160.15 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 6 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 Efg Bank Building

Key takeawayBrokers' office figures for Singapore as a whole — 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

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.

6

How does High Street price?

Key takeawayAcross 22 strata sales on High Street in the last 5 years, the median is $2,564 psf.
Strata sales on the street (5y)
22
Street median PSF (strata)
$2,564

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

7

What do commercial rents run near Efg Bank 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 6 retail

Gross yield (area)
5.5%
5.0% net of property tax
Rent side (median of bands)
$119.62 psm/mo
2026Q3
Price side (strata, 5y)
$2,406 psf
99 sales

An INDICATIVE AREA yield for District 6 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 6 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$90.91$119.62$286.43
Level 1 · 30 & Below$81.61$93.33$107.01
Level 4 & Above · 30 & Below$80.57$83.33$94.29
Level 2 & 3 · 30 & Below$76.01$92.73$109.89
Level 4 & Above · >30 - 100$67.39$75.36$96.63
B1 & Below · >30 - 100$144.93$225.01$270.37
Level 2 & 3 · >30 - 100$66.18$87.34$123.84
Level 1 · >30 - 100$128.26$130.89$160.15

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.

8

What is near Efg Bank Building?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 396 m away.

Getting around

Amenities nearby

Opp The Treasury · 97 mParliament Promenade · 118 mCold Storage Singapore (1983) Pte Ltd · 164 mMint Medical Centre (Funan) · 169 mFunan Mall · 190 mHotel · 214 mClarke Quay MRT Exit F · 308 mPlace Of Worship · 340 mEducational Institution · 512 mMarket Street Hawker Centre · 639 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Efg Bank Building

Key takeawayThe nearest station is Clarke Quay (NE5), 307 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 17 public car parks are within 500 m.
Foot traffic: busier than 65% of office buildings

nearest MRT/LRT Clarke Quay (NE5) 307 m, about 31,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 14, about 30,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 6,436 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

  • Clarke Quay (NE5)307 m · about 31,000 weekday taps
  • City Hall (NS25 / EW13)448 m · about 91,000 weekday taps
  • Raffles Place (EW14 / NS26)524 m · about 133,000 weekday taps
  • Fort Canning (DT20)694 m · about 14,000 weekday taps
  • Esplanade (CC3)711 m · about 15,000 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 Efg Bank Building. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 30,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Funan Mall (development car park)166 m
    rates not published as open data
  • National Gallery (development car park)210 m
    rates not published as open data
  • Upp Circular Rd (URA)214 m
    S$1.20 per half-hour at midday on a weekday · 22 car lots
  • Carpenter St Off St (URA)243 m
    S$1.50 per half-hour at midday on a weekday · 69 car lots
  • Backlane (Carpenter - Upp Circular Rd) (URA)263 m

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.1 km away, S$80/month.

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

10

How many companies are registered at Efg Bank Building?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

11

What is Efg Bank Building's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
259 kWh/m²·yr
12

Frequently asked questions about Efg Bank Building

Where is Efg Bank Building?⌄

Efg Bank Building is at High Street, in the Downtown Core planning area.

What is Efg Bank Building zoned as?⌄

Efg Bank Building sits on land zoned civic & community institution under the URA Master Plan.

Have there been any recorded transactions at Efg Bank Building?⌄

No caveats have been lodged for Efg Bank Building 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 Efg Bank Building?⌄

Clarke Quay MRT is the closest, 396 m away (about a 6-minute walk).

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