Commercial386 buildingsPlanning area

Commercial buildings in Downtown Core

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

PropKaki tracks 386 commercial buildings in Downtown Core. Most sit on COMMERCIAL land, with COMMERCIAL & RESIDENTIAL next. Across 683 recorded transactions in the last 5 years, the median price is about S$2.03M (S$2,752 psf). 762 units are listed for sale and 2,515 for rent.

1

Which commercial buildings are in Downtown Core?

Key Takeaway

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

Showing 30 of 60 tracked buildings.

2

What do commercial properties in Downtown Core sell for?

Key Takeaway

In the last 12 months, 133 transactions in Downtown Core closed at a median of about S$1.25M (S$2,309 psf); over five years the median is S$2.03M across 683 deals.

Transactions (12m)

133

URA/JTC records

Transactions (5y)

683

URA/JTC records

Median price (12m)

S$1.25M

recent deals

Median PSF (12m)

S$2,309 psf

strata & land mix

Use typeTransactionsMedian PSF
Office498S$2,682 psf
Retail179S$2,973 psf
Shop House6
3

What is for sale or rent in Downtown Core?

Key Takeaway

762 units are listed for sale and 2,515 for rent in Downtown Core, one row per unit.

For sale

762

deduplicated units

For rent

2,515

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 Jul 2026 at S$1.54M (Plus).

DatePropertyUsePricePSF
Jul 2026PlusOfficeS$1.54M$2,702
Jul 2026PlusOfficeS$2.06M$2,699
Jul 2026Suntec Tower OneOfficeS$10.17M$2,907
Jul 2026High Street PlazaRetailS$300k$3,484
Jul 2026The PlazaOfficeS$1.10M$1,503
Jul 2026Suntec Tower OneOfficeS$8.94M$2,275
Jul 2026International PlazaOfficeS$1.62M$1,730
Jul 2026High Street PlazaOfficeS$1.15M$2,968

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 (2026Q2) — the benchmark an asking rent in Downtown Core should be weighed against.

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

$ psm/month, URA REALIS rental contracts. District 1is 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 · 49COMMERCIAL & RESIDENTIAL · 6HOTEL · 2RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 2WHITE · 1
7

Frequently asked questions

Which commercial buildings are in Downtown Core?

PropKaki tracks 386 commercial buildings in Downtown Core, including International Plaza, High Street Centre, Peninsula Plaza, The Adelphi, Oxley Tower.

What do commercial properties in Downtown Core sell for?

Across 683 recorded transactions in the last 5 years, the median price is about S$2.03M (S$2,752 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, 49 sit on COMMERCIAL land, 6 sit on COMMERCIAL & RESIDENTIAL land, 2 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 — 762 units for sale and 2,515 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.

PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.

PropKaki
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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