CommercialCOMMERCIALDistrict 1 · Downtown Core

Market Street Carpark

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

Market Street Carpark 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. ACRA records 0 live company registrations at this address.

1

What are the key facts about Market Street Carpark?

Key takeawayMarket Street Carpark 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
—
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 Market Street Carpark

Market Street Carpark is a commercial building in Downtown Core (District 01). It is located along market street carpark.

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 nearest MRT is Raffles Place MRT, 153 m away (about a 2-minute walk). The closest bus stop (OCBC Ctr) is 119 m away (about a 2-minute walk). Republic Plaza is 79 m away (about a 1-minute walk).

3

What is Market Street Carpark zoned as?

Key takeawayMarket Street Carpark 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 Market Street Carpark rent for?

Key takeawayNo street- or building-level rent is published here. Across District 1 retail, retail space rented at a median of $10.02 psf a month in 2026Q3, with the middle half of leases between $8.23 and $15.92. That is not this building's own rent, and never a quote for a particular unit.

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 Market Street Carpark

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 Market Street Carpark?

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 Market Street Carpark?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 153 m away.

Getting around

Amenities nearby

Market Street Hawker Centre · 15 mPlace Of Worship · 64 mMarket Street Park · 64 mNortheast Medical Group · 74 mRepublic Plaza · 79 mOCBC Ctr · 119 mHotel · 130 mRaffles Place MRT Exit D · 146 mAl Marche Pte Ltd · 459 mKreta Ayer Community Club · 845 m

Straight-line distances. Source: PropKaki amenities data.

8

Getting there and parking at Market Street Carpark

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 146 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 82% of retail buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 146 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 7, about 15,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 11,000 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)146 m · about 133,000 weekday taps
  • Telok Ayer (DT18)222 m · about 37,000 weekday taps
  • Chinatown (NE4 / DT19)515 m · about 97,000 weekday taps
  • Downtown (DT17)535 m · about 51,000 weekday taps
  • Clarke Quay (NE5)551 m · about 31,000 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 Market Street Carpark. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 15,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Synagogue St - Church St) (URA)127 m
  • Backlane (Cecil St - M Arket St) (URA)191 m
  • Backlane (Synagogue St ) (URA)258 m
  • Backlane (Lor Telok - Circular Rd) (URA)261 m
  • Circular Rd (URA)289 m
    S$1.20 per half-hour at midday on a weekday · 34 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.4 km away, S$80/month.

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

9

How many companies are registered at Market Street Carpark?

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 Market Street Carpark

Where is Market Street Carpark?⌄

Market Street Carpark is at market street carpark, in the Downtown Core planning area.

What is Market Street Carpark zoned as?⌄

Market Street Carpark sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.

Have there been any recorded transactions at Market Street Carpark?⌄

No caveats have been lodged for Market Street Carpark 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 Market Street Carpark?⌄

Raffles Place MRT is the closest, 153 m away (about a 2-minute walk).

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