Guoco Tower
Guoco Tower is a commercial building in District 2 · Downtown Core, on land zoned WHITE under the URA Master Plan with a gross plot ratio of 10.5. 42 units are currently listed for sale or rent. ACRA records 428 live company registrations at this address.
What are the key facts about Guoco Tower?
- Asset class
- Commercial
- Land-use zone
- WHITE
- Gross plot ratio
- 10.5
- Tenure
- Not on record
- District / Area
- District 2 · Downtown Core
- Address
- 1 Wallich Street
- Land area
- 15,023 sqm
- Completed
- 2016 (per Wikipedia)
- Storeys
- 65 (per Wikipedia)
- Managing agent
- GUOCOLAND PROPERTY MAINTENANCE SERVICES PTE. LTD.
- Strata formed
- 2018
- Owner
- GuocoLand (SGX filings)
- Submarket
- Shenton Way / Tanjong Pagar
- Listed as
- Office, Shop / Shophouse, Food & Beverage
- Transactions on record
- None recorded
- Live listings
- 42
- ACRA registrations
- 428
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.
Who owns Guoco Tower, and what is it valued at?
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Guoco Tower
Guoco Tower is a commercial building in Downtown Core (District 02). It is located along Wallich Street, Singapore 078881.
Under the URA Master Plan it sits on land zoned white with a gross plot ratio of 10.5. It lies inside the Central Area.
It occupies roughly 15,023 sqm of land with about 158,244 sqm of gross floor area.
443 businesses are currently registered at this address with ACRA.
The nearest MRT is Tanjong Pagar MRT, 29 m away (about a 0-minute walk). The closest bus stop (Tanjong Pagar Stn Exit C) is 145 m away (about a 2-minute walk). Icon Village is 220 m away (about a 3-minute walk).
What is Guoco Tower zoned as?
- Land-use zone
- WHITE
- Gross plot ratio
- 10.5
- Urban design area
- Udga
- Central Area
- Yes
What does space at Guoco Tower rent for?
Retail space — District 2 retail
Region band · 2026Q3S$ 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 2 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).
Market context around Guoco Tower
- Islandwide: Vacancy 5%
- Islandwide (Grade B): Rent S$8.35 psf/mth
- Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m sq ft
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.
How fast units move at Guoco Tower
Rent: between 6 Aug 2026 and 28 Aug 2026, 7 new listings appeared and 6 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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.
What's been approved at Guoco Tower?
- 11 Feb 2026ApprovedFloor B2Additions & alterations
Proposed additions and alterations to existing mixed development (guoco tower) at basement 1, 2 and 3, including change of use from b1 ambulant toilet, first aid room, building management office and maintenance restroom to shop storage space, conversion of part of b2 carpark area (including 2 car lots) to unit #B2-XX shop storage space, and gfa decantment at b3 fire pump room on lot 00876k ts03 at 1 wallich street (downtown core planning area)
- 30 Oct 2025ApprovedFloor B2Change of use: common corridor → seating area for dine-in
Proposed change of use from common corridor to seating area for dine-in (as an extension to restaurant at unit #B2-XX) at guoco tower
- 30 Oct 2025ApprovedFloor B2Change of use: common corridor → seating area for dine-in
Proposed change of use from common corridor to seating area for dine-in (as an extension to restaurant at unit #B2-XX) at guoco tower
- 19 Jun 2025ApprovedChange of use to two units of retail kiosk
Proposed change of use of basement 1 concierge counter to two units of retail kiosk at guoco tower
- 19 Dec 2024ApprovedChange of use to restaurant
Proposed change of use of unit #B2-XX to restaurant at guoco tower
- 18 Jul 2022ApprovedFloor B2Change of use: restaurant → restaurant and bar
Proposed change of use of unit #B2-XX from restaurant to restaurant and bar on lot 00876k ts03 at 7 wallich street guoco tower
- 2 May 2017ApprovedFloor B2Change of use: shop → seating area serving the existing food shops and restaurants
Proposed change of use of unit #B2-XX from shop to seating area serving the existing food shops and restaurants at 1 wallich street
- 1 Nov 2016ApprovedFloor B1Change of use: shop → restaurant
Proposed change of use of units #B1-XX, #B1-XX & #B1-XX from shop to restaurant at guoco tower
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$54.50 per unit).
What do commercial rents run near Guoco Tower?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $92.88 | $96.94 | $102.26 |
| Level 1 · 30 & Below | $110.68 | $117.65 | $134.18 |
| Level 1 · >30 - 100 | $80.88 | $88.43 | $172.22 |
| Level 2 & 3 · >30 - 100 | $86.12 | $91.49 | $91.50 |
| B1 & Below · >30 - 100 | $247.81 | $267.74 | $283.87 |
| Level 4 & Above · >30 - 100 | $80.14 | $84.93 | $88.40 |
| Level 2 & 3 · >100 - 300 | $82.62 | $95.80 | $112.75 |
| Level 1 · >100 - 300 | $28.40 | $52.68 | $96.53 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th 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.
What is available at Guoco Tower right now?
For sale (1)
- 丹戎巴葛区店铺,外籍人士可以购买！金融区旺地S$10.50M · 2,900 sqft
For rent (41)
- Guoco TowerS$32k/mo · 1,626 sqft
- Guoco TowerS$34k/mo · 1,529 sqft
- Guoco TowerS$278/mo · 19,999 sqft
- Guoco TowerS$4k/mo · 215 sqft
What is near Guoco Tower?
Getting around
- Tanjong Pagar MRT29 m · ~1 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Guoco Tower
nearest MRT/LRT Tanjong Pagar (EW15) 29 m, about 85,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 13, about 17,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 19,000 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)29 m · about 85,000 weekday taps
- Prince Edward Road (CC32)399 m · 3,673 weekday taps
- Maxwell (TE18)458 m · about 23,000 weekday taps
- Shenton Way (TE19)492 m · about 32,000 weekday taps
- Telok Ayer (DT18)651 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 Guoco Tower. Transfers between lines don't tap, so interchanges read low.
Bus
13 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Peck Seah St Off St (URA)84 mS$1.50 per half-hour at midday on a weekday · 150 car lots
- Backlane (Peck Seah St - Tras St) (URA)123 m
- Peck Seah St (URA)133 mS$1.20 per half-hour at midday on a weekday · 4 car lots
- Wallich St (URA)133 mS$1.20 per half-hour at midday on a weekday · 9 car lots
- Tras St (URA)171 mS$1.20 per half-hour at midday on a weekday · 66 car lots
Nearest URA season parking: Blair Road-Everton Roa D Area, 966 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Guoco Tower's own car park, if it has one, and its charges are not in the open data.
Who's registered at Guoco Tower?
- Financial and insurance183
- Professional, scientific and technical services61
- Transportation and storage52
- Information and communications37
- Wholesale and retail trade36
- Real estate30
- Administrative and support services11
- Health and social services7
- Other services4
- Manufacturing2
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. ACRA, as of 2026-09-16.
Frequently asked questions about Guoco Tower
Where is Guoco Tower?⌄
Guoco Tower is at 1 Wallich Street, Singapore 078881, in the Downtown Core planning area.
What is Guoco Tower zoned as?⌄
Guoco Tower sits on land zoned white under the URA Master Plan, with a gross plot ratio of 10.5.
Have there been any recorded transactions at Guoco Tower?⌄
No caveats have been lodged for Guoco Tower 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 Guoco Tower?⌄
Tanjong Pagar MRT is the closest, 29 m away (about a 0-minute walk).
How many businesses are registered at Guoco Tower?⌄
443 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.
The facts are here — now get the verdict on Guoco Tower.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.