CommercialCOMMERCIALDistrict 1 · Downtown Core

International Factors Building

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

International Factors 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 14.0. ACRA records 0 live company registrations at this address.

1

What are the key facts about International Factors Building?

Key takeawayInternational Factors Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
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 International Factors Building

International Factors Building is a commercial building in Downtown Core (District 01). It is located along Market Street.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 14. It lies inside the Central Area.

The nearest MRT is Telok Ayer MRT, 151 m away (about a 2-minute walk). The closest bus stop (Prudential Twr) is 14 m away (about a 0-minute walk). Republic Plaza is 123 m away (about a 2-minute walk).

3

What is International Factors Building zoned as?

Key takeawayInternational Factors Building sits on land zoned COMMERCIAL with a gross plot ratio of 14.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at International Factors Building rent for?

Key takeawayNo rent is published for International Factors Building itself. On its street, Market Street, office space rented at a median of $13.07 psf a month in 2026Q3, with the middle half of leases between $12.87 and $13.27. That is not this building's own rent, and never a quote for a particular unit.

Office space on Market Street

Street level · 2026Q3
25th pct
$12.87
$138.58 psm
Median
$13.07
$140.72 psm
75th pct
$13.27
$142.86 psm

S$ per sq ft per month · median +5% on a year earlier

2023Q4 · $108.20 psm2026Q3 · $140.72 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 Market Street

Street level · 2025Q3
25th pct
—
— psm
Median
$10.58
$113.93 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2022Q1 · $137.78 psm2025Q3 · $113.93 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 International Factors 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

What do commercial rents run near International Factors 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.

7

What is near International Factors Building?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 151 m away.

Getting around

Amenities nearby

Hotel · 12 mPrudential Twr · 14 mFullerton Health @ OFC · 81 mMarket Street Park · 101 mRaffles Place MRT Exit F · 120 mRepublic Plaza · 123 mMarket Street Hawker Centre · 143 mPlace Of Worship · 189 mAl Marche Pte Ltd · 371 mKreta Ayer Community Club · 779 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at International Factors Building

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 119 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 23 public car parks are within 500 m.
Foot traffic: busier than 81% of retail buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 119 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 7, about 13,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 12,000 residents within 1 km (June 2026); 7 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)119 m · about 133,000 weekday taps
  • Telok Ayer (DT18)123 m · about 37,000 weekday taps
  • Downtown (DT17)423 m · about 51,000 weekday taps
  • Shenton Way (TE19)522 m · about 32,000 weekday taps
  • Chinatown (NE4 / DT19)525 m · about 97,000 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 International Factors Building. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Cecil St - M Arket St) (URA)113 m
  • Backlane (Boon Tat St - Amoy St) (URA)237 m
  • Backlane (Boon Tat St) (URA)237 m
  • Backlane (Synagogue St - Church St) (URA)238 m
  • Boon Tat St (URA)241 m
    S$1.20 per half-hour at midday on a weekday · 17 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.5 km away, S$80/month.

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

9

How many companies are registered at International Factors 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.

10

Frequently asked questions about International Factors Building

Where is International Factors Building?⌄

International Factors Building is at Market Street, in the Downtown Core planning area.

What is International Factors Building zoned as?⌄

International Factors Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.

Have there been any recorded transactions at International Factors Building?⌄

No caveats have been lodged for International Factors 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 International Factors Building?⌄

Telok Ayer MRT is the closest, 151 m away (about a 2-minute walk).

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