CommercialCOMMERCIALDistrict 1 · Downtown Core

Hsbc Building

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Hsbc Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 15.0. 4 units are currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Hsbc Building?

Key takeawayHsbc Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
15.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
—
Land area
1,630 sqm
Completed
Not on record
Storeys
Not on record
Listed as
Office
Transactions on record
None recorded
Live listings
4
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 Hsbc Building

Hsbc Building is a commercial building in Downtown Core (District 01). It is located along Collyer Quay.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.

It occupies roughly 1,630 sqm of land with about 25,727 sqm of gross floor area.

The nearest MRT is Raffles Place MRT, 173 m away (about a 3-minute walk). The closest bus stop (OUE Bayfront) is 86 m away (about a 1-minute walk). One Raffles Place is 202 m away (about a 3-minute walk).

3

What is Hsbc Building zoned as?

Key takeawayHsbc Building sits on land zoned COMMERCIAL with a gross plot ratio of 15.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
15.0
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at Hsbc Building rent for?

Key takeawayNo rent is published for Hsbc Building itself. On its street, Collyer Quay, office space rented at a median of $11.00 psf a month in 2026Q3, with the middle half of leases between $9.80 and $13.30. That is not this building's own rent, and never a quote for a particular unit.

Office space on Collyer Quay

Street level · 2026Q3
25th pct
$9.80
$105.49 psm
Median
$11.00
$118.40 psm
75th pct
$13.30
$143.16 psm

S$ per sq ft per month · median -10.5% on a year earlier

2023Q4 · $130.79 psm2026Q3 · $118.40 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 Collyer Quay

Street level · 2026Q3
25th pct
$10.09
$108.62 psm
Median
$15.73
$169.33 psm
75th pct
$19.68
$211.82 psm

S$ per sq ft per month · median +16% on a year earlier

2023Q4 · $191.60 psm2026Q3 · $169.33 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 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 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 1 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 Hsbc Building

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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 fast units move at Hsbc Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent.

Rent: 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.

7

How does Collyer Quay price?

Strata sales on the street (5y)
8

Too few strata sales on this street to support a median — the count is shown without one.

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

8

What do commercial rents run near Hsbc 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 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 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 1 ($ psm/month, 2026Q3)

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

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.

9

What is available at Hsbc Building right now?

Key takeaway4 units are currently listed at Hsbc Building. One row per unit; several agents often market the same unit.

For rent (4)

  • Hsbc BuildingS$28k/mo · 3,615 sqft
  • Hsbc BuildingS$49k/mo · 6,321 sqft
  • Hsbc BuildingS$5k/mo · 665 sqft
  • Hsbc BuildingS$12k/mo · 1,500 sqft

Browse every listing at this building →

10

What is near Hsbc Building?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 173 m away.

Getting around

Amenities nearby

Hotel · 49 mOUE Bayfront · 86 mAcumed Medical Group · 89 mRaffles Place MRT Exit H · 134 mOne Raffles Place · 202 mRaffles Place Pk · 207 mMarket Street Hawker Centre · 330 mPlace Of Worship · 349 mAl Marche Pte Ltd · 465 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Hsbc Building

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 134 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 6 public car parks are within 500 m.
Foot traffic: busier than 71% of retail buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 134 m, about 133,000 taps a weekday; 12 more stations within 1 km; bus stops within 400 m: 4, about 11,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 5,785 residents within 1 km (June 2026); 9 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Stations within 1 km

  • Raffles Place (EW14 / NS26)134 m · about 133,000 weekday taps
  • Telok Ayer (DT18)523 m · about 37,000 weekday taps
  • Downtown (DT17)574 m · about 51,000 weekday taps
  • Bayfront (CC34 / DT16)760 m · about 56,000 weekday taps
  • Bayfront (CE1 / DT16)760 m · about 23,000 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 Hsbc Building. Transfers between lines don't tap, so interchanges read low.

Bus

4 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Cecil St - M Arket St) (URA)345 m
  • Backlane (Synagogue St - Church St) (URA)408 m
  • Backlane (Lor Telok - Circular Rd) (URA)431 m
  • Circular Rd (URA)438 m
    S$1.20 per half-hour at midday on a weekday · 34 car lots
  • Backlane (Synagogue St ) (URA)490 m

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.6 km away, S$80/month.

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

12

How many companies are registered at Hsbc 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.

13

Frequently asked questions about Hsbc Building

Where is Hsbc Building?⌄

Hsbc Building is at Collyer Quay, in the Downtown Core planning area.

What is Hsbc Building zoned as?⌄

Hsbc Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.

Have there been any recorded transactions at Hsbc Building?⌄

No caveats have been lodged for Hsbc 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 Hsbc Building?⌄

Raffles Place MRT is the closest, 173 m away (about a 3-minute walk).

For agents · in the PropKaki app

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