PropKaki
Commercial383 buildingsPlanning area

Downtown Core Office & Commercial Property

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

PropKaki tracks 383 commercial buildings in Downtown Core. Most sit on COMMERCIAL land, with COMMERCIAL & RESIDENTIAL next. Across 686 recorded transactions in the last 5 years, the median price is about S$2.01M (S$2,771 psf). 867 units are listed for sale and 3,178 for rent.

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1

Which commercial buildings are in Downtown Core?

Key Takeaway

383 buildings are tracked in Downtown Core — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

All 383 commercial buildings in Downtown Core, A–Z
2

What do commercial properties in Downtown Core sell for?

Key Takeaway

In the last 12 months, 141 transactions in Downtown Core closed at a median of about S$1.45M (S$2,495 psf); over five years the median is S$2.01M across 686 deals.

Transactions (12m)

141

URA/JTC records

Transactions (5y)

686

URA/JTC records

Median price (12m)

S$1.45M

recent deals

Median PSF (12m)

S$2,495 psf

strata & land mix

Use typeTransactionsMedian PSF
Office492S$2,703 psf
Retail188S$3,036 psf
Shop House6—
3

What is for sale or rent in Downtown Core?

Key Takeaway

867 units are listed for sale and 3,178 for rent in Downtown Core, one row per unit.

For sale

867

deduplicated units

For rent

3,178

deduplicated units

Browse rentals in Downtown Core → · Browse sales →

4

What are the most recent commercial deals in Downtown Core?

Key Takeaway

The latest recorded deal in Downtown Core closed in Oct 2026 at S$3.15M (Oxley Tower).

DatePropertyUsePricePSF
Oct 2026Oxley TowerOfficeS$3.15M$3,147
Oct 2026International PlazaOfficeS$915k$1,932
Oct 2026Suntec Tower ThreeOfficeS$11.16M$3,200
Oct 2026Peninsula PlazaRetailS$2.63M$8,129
Oct 2026Eon ShentonOfficeS$3.98M$2,340
Sept 2026Prudential TowerOfficeS$12.48M$2,488
Sept 2026Cecil PlaceOfficeS$10.50M$3,709
Sept 2026The Golden MileOfficeS$2.86M$3,165

The latest recorded URA/JTC deals in Downtown Core. Strata and land deals mix in one list — their PSF is not comparable.

5

What do retail rents run in Downtown Core?

Key Takeaway

URA's contracted-rent percentiles for District 1 (2026Q3) — the benchmark an asking rent in Downtown Core should be weighed against.

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

$ 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 Downtown Core zoned as?

Key Takeaway

Most tracked buildings in Downtown Core sit on COMMERCIAL land, followed by COMMERCIAL & RESIDENTIAL (URA Master Plan).

COMMERCIAL · 48COMMERCIAL & RESIDENTIAL · 6HOTEL · 3RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 2WHITE · 1
7

Frequently asked questions

Which commercial buildings are in Downtown Core?⌄

PropKaki tracks 383 commercial buildings in Downtown Core, including International Plaza, High Street Centre, Peninsula Plaza, The Plaza, The Adelphi.

What do commercial properties in Downtown Core sell for?⌄

Across 686 recorded transactions in the last 5 years, the median price is about S$2.01M (S$2,771 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is commercial land in Downtown Core zoned as?⌄

Of the tracked buildings in Downtown Core, 48 sit on COMMERCIAL land, 6 sit on COMMERCIAL & RESIDENTIAL land, 3 sit on HOTEL land, 2 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land under the URA Master Plan.

Are there commercial units for sale or rent in Downtown Core?⌄

Yes — 867 units for sale and 3,178 units for rent are currently listed in Downtown Core across the commercial portals, deduplicated to one row per unit.

For agents · in the PropKaki app

Found the unit? Now check the asking price against the evidence.

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Is $6.50 psf a fair monthly rent for a B1 factory unit in Ubi?

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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