Malacca Centre
Malacca Centre 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. It is 999-year leasehold. 20 transactions are on record since 1995, most recently in Dec 2022. 6 units are currently listed for rent. ACRA records 45 live company registrations at this address.
What are the key facts about Malacca Centre?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Tenure
- 999-year leasehold
- District / Area
- District 1 · Downtown Core
- Address
- 20 Malacca Street
- Land area
- 294 sqm
- Transactions on record
- 20 (records start 1995)
- Live listings
- 6
- ACRA registrations
- 45
About Malacca Centre
Malacca Centre is a commercial building in Downtown Core (District 01). It is located along Malacca Street, Singapore 048979.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.
The site is 999-year leasehold, with about 799 years remaining on the lease. It occupies roughly 294 sqm of land with about 4,404 sqm of gross floor area.
20 transactions have been recorded here, at a median of S$1,588 psf. The most recent was in December 2022.
45 businesses are currently registered at this address with ACRA.
The nearest MRT is Raffles Place MRT, 86 m away (about a 1-minute walk). The closest bus stop (Prudential Twr) is 174 m away (about a 3-minute walk).
What is Malacca Centre zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Urban design area
- Udga
- Central Area
- Yes
What has Malacca Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2022 | Office | S$5.68M | 1,830 sqft | $3,104 |
| Jun 2021 | Office | S$6.19M | 2,142 sqft | $2,890 |
| Apr 2020 | Retail | S$5.83M | 1,830 sqft | $3,183 |
| Mar 2020 | Retail | S$6.00M | 1,830 sqft | $3,279 |
| Oct 2017 | Retail | S$4.75M | 1,830 sqft | $2,596 |
| Jun 2012 | Office | S$4.18M | 1,830 sqft | $2,284 |
| Dec 2010 | Office | S$2.93M | 1,830 sqft | $1,601 |
| Oct 2010 | Office | S$3.30M | 1,830 sqft | $1,803 |
| Aug 2010 | Office | S$2.88M | 1,830 sqft | $1,574 |
| May 2010 | Office | S$3.02M | 2,142 sqft | $1,410 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Malacca Street price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Malacca Centre?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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 | $158.54 |
Office rents — Central Area ($ psm/month, 2026Q2)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 1 · 100 & Below | $91.40 | $96.39 | $119.48 |
| Category 2 · 100 & Below | $57.98 | $71.59 | $86.82 |
| Category 1 · >100 - 200 | $113.24 | $120.54 | $144.36 |
| Category 2 · >100 - 200 | $59.40 | $77.88 | $96.88 |
| Category 2 · >200 - 500 | $69.97 | $89.34 | $97.94 |
| Category 1 · >200 - 500 | $112.64 | $129.70 | $148.82 |
| Category 1 · >500 - 1000 | $119.97 | $136.70 | $147.13 |
| Category 2 · >500 - 1000 | $55.42 | $82.91 | $92.66 |
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 Malacca Centre right now?
For rent (6)
- Beauty spa in town for rent no takeover fee8 agentsS$23k/mo · 1,830 sqft
- ⭐Raffles Place / CBD⭐ Aesthetic Clinic, Gym, Fitted Spa, Beauty SalonS$23k/mo · 1,828 sqft
- Fitted Office at Raffles Place MrtS$6k/mo · 650 sqft
- Fitted Office at Raffles Place MrtS$11k/mo · 1,200 sqft
What is near Malacca Centre?
Getting around
- Raffles Place MRT86 m · ~1 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Malacca Centre?
- Live registrations
- 45
- Registered last 3 years
- 5
- Most common type
- Local Company
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.
What is Malacca Centre's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 144 kWh/m²·yr
Frequently asked questions about Malacca Centre
Where is Malacca Centre?⌄
Malacca Centre is at 20 Malacca Street, Singapore 048979, in the Downtown Core planning area.
What is Malacca Centre zoned as?⌄
Malacca Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.
What is the tenure of Malacca Centre?⌄
Malacca Centre is 999-year leasehold. About 799 years remain on the lease.
What have units at Malacca Centre sold for?⌄
Across 20 recorded transactions, the median price is S$1,588 psf. The latest was in December 2022.
What is the nearest MRT station to Malacca Centre?⌄
Raffles Place MRT is the closest, 86 m away (about a 1-minute walk).
How many businesses are registered at Malacca Centre?⌄
45 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 Malacca Centre.
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.