Mas Building
Mas Building is a commercial building in District 2 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 10.5. It is leasehold with roughly 55 years remaining. 2 transactions are on record since 1995, most recently in May 2010. ACRA records 11 live company registrations at this address.
What are the key facts about Mas Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 10.5
- Tenure
- Leasehold
- District / Area
- District 2 · Downtown Core
- Address
- 10 Shenton Way
- Land area
- 7,352 sqm
- Completed
- Not on record
- Storeys
- 37 (© OpenStreetMap contributors)
- Submarket
- Shenton Way / Tanjong Pagar
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 11
About Mas Building
Mas Building is a commercial building in Downtown Core (District 02). It is located along Shenton Way, Singapore 079117.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 10.5. It lies inside the Central Area.
The site is leasehold, with about 55 years remaining on the lease. It occupies roughly 7,352 sqm of land with about 55,129 sqm of gross floor area.
2 transactions have been recorded here, at a median of S$1,362 psf. The most recent was in May 2010.
11 businesses are currently registered at this address with ACRA.
The nearest MRT is Prince Edward Road MRT, 180 m away (about a 3-minute walk). The closest bus stop (Opp MAS Bldg) is 75 m away (about a 1-minute walk). Icon Village is 247 m away (about a 4-minute walk).
What is Mas Building zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 10.5
- Urban design area
- Udga
- Central Area
- Yes
What has Mas Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2010 | Office | S$9.41M | 7,158 sqft | $1,315 |
| May 2010 | Office | S$15.00M | 10,635 sqft | $1,410 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Mas Building rent for?
Office space on Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +8% on a year earlier
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 Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +16.3% on a year earlier
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 2 retail
Region band · 2026Q3S$ 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 2 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).
Market context around Mas Building
- Islandwide: Vacancy 5%
- Islandwide (Grade B): Rent S$8.35 psf/mth
- Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m sq ft
Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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.
What's been approved at Mas Building?
- 2 Jun 2021ApprovedAdditions & alterations
Proposed additions & alterations to the existing level 1 & 2 of the mas gallery at mas building on lot 00844m ts23 at 10 shenton way s(079117) (downtown core planning area)
- 24 Dec 2019ApprovedAdditions & alterations
Proposed additions & alterations to the existing 30-storey commercial development involving addition of newater tank to the existing basement
- 23 Jul 2018ApprovedAdditions & alterations
1st extension of written permission for proposed additions and alterations to office space and common facilities of the existing monetary authority of singapore building
- 27 Mar 2018ApprovedAdditions & alterations
Addition to the existing 30-storey commercial development involving erection of 3 nos metal canopies at the existing mas building
- 27 May 2016ApprovedAdditions & alterations
Proposed additions and alterations to office space and common facilities of the existing monetary authority of singapore building
- 18 Feb 2015Agency worksFloor 1Change of use to showroom
Lodgment for proposed use of units #01-XX and #01-XX as showroom at 10 shenton way - mas building
- 4 Feb 2014ApprovedChange of use to cafe
Proposed change of use of part of the 1st storey entrance lobby to cafe
- 4 Mar 2013ApprovedAdditions & alterations
Proposed additions and alterations to office space and common facilities of the existing monetary authority of singapore building
- 16 Feb 2000ApprovedAdditions & alterations
Proposed additions & alterations and change of use on the 5th, 6th, & 8th storey of the existing mas building
- 7 Jan 2000ApprovedAdditions & alterations
Proposed additions and alterations to 30th storey penthouse of existing mas building
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
How does Shenton Way price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Mas Building?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $92.88 | $96.94 | $102.26 |
| Level 1 · 30 & Below | $110.68 | $117.65 | $134.18 |
| Level 1 · >30 - 100 | $80.88 | $88.43 | $172.22 |
| Level 2 & 3 · >30 - 100 | $86.12 | $91.49 | $91.50 |
| B1 & Below · >30 - 100 | $247.81 | $267.74 | $283.87 |
| Level 4 & Above · >30 - 100 | $80.14 | $84.93 | $88.40 |
| Level 2 & 3 · >100 - 300 | $82.62 | $95.80 | $112.75 |
| Level 1 · >100 - 300 | $28.40 | $52.68 | $96.53 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th 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.
What is near Mas Building?
Getting around
- Tanjong Pagar MRT230 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Mas Building
nearest MRT/LRT Tanjong Pagar (EW15) 84 m, about 85,000 taps a weekday; 10 more stations within 1 km; bus stops within 400 m: 9, about 14,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 16,000 residents within 1 km (June 2026). Ranked against 485 office 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), not a count of people.
Stations within 1 km
- Tanjong Pagar (EW15)84 m · about 85,000 weekday taps
- Prince Edward Road (CC32)144 m · 3,673 weekday taps
- Shenton Way (TE19)502 m · about 32,000 weekday taps
- Maxwell (TE18)717 m · about 23,000 weekday taps
- Telok Ayer (DT18)823 m · about 37,000 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 Mas Building. Transfers between lines don't tap, so interchanges read low.
Bus
9 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Mistri Rd (URA)122 m
- Prince Edward Rd - She Nton Way Off St (URA)174 mS$1.50 per half-hour at midday on a weekday · 84 car lots
- Marina View Off St (URA)311 mS$1.20 per half-hour at midday on a weekday · 44 car lots
- Peck Seah St Off St (URA)343 mS$1.50 per half-hour at midday on a weekday · 150 car lots
- Wallich St (URA)348 mS$1.20 per half-hour at midday on a weekday · 9 car lots
Nearest URA season parking: Blair Road-Everton Roa D Area, 1.1 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Mas Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Mas Building?
- Financial and insurance6
- Information and communications2
- Professional, scientific and technical services1
- Health and social services1
- Other services1
- Wholesale and retail trade0
- Administrative and support services0
- Transportation and storage0
- Manufacturing0
- Arts, entertainment and recreation0
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
What is Mas Building's BCA building profile?
- BCA building type
- Office
- Green Mark
- Platinum (2015)
- Energy use intensity
- 130 kWh/m²·yr
Frequently asked questions about Mas Building
Where is Mas Building?⌄
Mas Building is at 10 Shenton Way, Singapore 079117, in the Downtown Core planning area.
What is Mas Building zoned as?⌄
Mas Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 10.5.
What is the tenure of Mas Building?⌄
Mas Building is leasehold. About 55 years remain on the lease.
What have units at Mas Building sold for?⌄
Across 2 recorded transactions, the median price is S$1,362 psf. The latest was in May 2010.
What is the nearest MRT station to Mas Building?⌄
Prince Edward Road MRT is the closest, 180 m away (about a 3-minute walk).
How many businesses are registered at Mas Building?⌄
11 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 Mas Building.
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.