CommercialCOMMERCIALLeaseholdDistrict 2 · Downtown Core

Eon Shenton

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2026
Quick Summary

Eon Shenton is a commercial building in District 2 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 8.4. It is leasehold with roughly 84 years remaining. 132 transactions are on record since 1995, most recently in May 2026. 55 units are currently listed for sale or rent. ACRA records 563 live company registrations at this address.

1

What are the key facts about Eon Shenton?

Key takeawayEon Shenton is a commercial building in District 2 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
8.4
Tenure
Leasehold
District / Area
District 2 · Downtown Core
Address
70 Shenton Way
Land area
1,759 sqm
Transactions on record
132 (records start 1995)
Live listings
55
ACRA registrations
563
2

About Eon Shenton

Eon Shenton is a mixed-use building in Downtown Core (District 02). It is located along Shenton Way, Singapore 079118.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 8.4. It lies inside the Central Area.

The site is leasehold, with about 84 years remaining on the lease. It occupies roughly 1,759 sqm of land with about 20,360 sqm of gross floor area.

132 transactions have been recorded here, at a median of S$2,598 psf. The most recent was in May 2026.

563 businesses are currently registered at this address with ACRA.

The nearest MRT is Tanjong Pagar MRT, 305 m away (about a 5-minute walk). The closest bus stop (Opp MAS Bldg) is 77 m away (about a 1-minute walk).

3

What is Eon Shenton zoned as?

Key takeawayEon Shenton sits on land zoned COMMERCIAL with a gross plot ratio of 8.4, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
8.4
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Eon Shenton sold for?

Key takeawayAcross 132 recorded transactions since 1995, the median price is about S$2.63M, most recently in May 2026.
DateUsePriceAreaPSF
May 2026RetailS$650k151 sqft$4,313
Mar 2026OfficeS$1.32M506 sqft$2,609
Nov 2025RetailS$980k312 sqft$3,139
Jun 2025OfficeS$4.25M1,765 sqft$2,408
Aug 2024OfficeS$1.20M506 sqft$2,372
Jul 2024RetailS$2.52M1,033 sqft$2,439
Jul 2024OfficeS$4.07M1,701 sqft$2,393
Jun 2024OfficeS$4.09M1,701 sqft$2,405
Jan 2024OfficeS$2.40M1,033 sqft$2,323
Sept 2023OfficeS$1.05M506 sqft$2,075

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.

5

How does Shenton Way price?

Key takeawayAcross 30 strata sales on Shenton Way in the last 5 years, the median is $2,348 psf.
Strata sales on the street (5y)
30
Street median PSF (strata)
$2,348

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

6

What do commercial rents run near Eon Shenton?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

7

What is available at Eon Shenton right now?

Key takeaway55 units are currently listed at Eon Shenton39 for sale and 16 for rent. One row per unit; several agents often market the same unit.

For sale (39)

  • Eon ShentonS$2.95M · 1,259 sqft
  • Eon Shenton2 agentsS$3.27M · 1,259 sqft
  • Eon ShentonS$1.50M · 506 sqft
  • Eon ShentonS$4.25M · 1,700 sqft

For rent (16)

  • Shenton Way OfficesS$17k/mo · 2,056 sqft
  • Eon ShentonS$3k/mo · 506 sqft
  • Eon ShentonS$4k/mo · 291 sqft
  • Eon ShentonS$3k/mo · 506 sqft

Browse every listing at this building →

8

What is near Eon Shenton?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 305 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp MAS Bldg · 77 mHotel · 82 mRafflesMedical (Anson Centre) · 87 mTanjong Pagar MRT Exit H · 179 mTanjong Pagar Pk · 304 mPlace Of Worship · 505 mTanjong Pagar Community Club · 575 mEducational Institution · 622 mOutram Community Hospital · 1.3 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Cold Storage Singapore (1983) Pte Ltd · 227 mIcon Village · 240 mBlk 6 Tanjong Pagar Plaza · 457 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Eon Shenton?

Key takeawayACRA records 563 live company registrations at this address, 215 of them in the last three years.
Live registrations
563
Registered last 3 years
215
Most common type
Local Company

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.

10

Frequently asked questions about Eon Shenton

Where is Eon Shenton?

Eon Shenton is at 70 Shenton Way, Singapore 079118, in the Downtown Core planning area.

What is Eon Shenton zoned as?

Eon Shenton sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 8.4.

What is the tenure of Eon Shenton?

Eon Shenton is leasehold. About 84 years remain on the lease.

What have units at Eon Shenton sold for?

Across 132 recorded transactions, the median price is S$2,598 psf. The latest was in May 2026.

What is the nearest MRT station to Eon Shenton?

Tanjong Pagar MRT is the closest, 305 m away (about a 5-minute walk).

How many businesses are registered at Eon Shenton?

563 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 Eon Shenton.

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