CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 2 · Downtown Core

Mcl Lane

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Mcl Lane is a commercial building in District 2 · Downtown Core, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 5.6. ACRA records 0 live company registrations at this address.

1

What are the key facts about Mcl Lane?

Key takeawayMcl Lane is a commercial building in District 2 · Downtown Core, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
5.6
Tenure
Not on record
District / Area
District 2 · 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 Mcl Lane

Mcl Lane is a commercial building in Downtown Core (District 02). It is located along Shenton Way.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 5.6. It lies inside the Central Area.

The nearest MRT is Prince Edward Road MRT, 174 m away (about a 3-minute walk). The closest bus stop (Hub Synergy Pt) is 105 m away (about a 2-minute walk). Icon Village is 239 m away (about a 4-minute walk).

3

What is Mcl Lane zoned as?

Key takeawayMcl Lane sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 5.6, inside the Central Area.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
5.6
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at Mcl Lane rent for?

Key takeawayNo rent is published for Mcl Lane itself. On its street, Shenton Way, office space rented at a median of $9.02 psf a month in 2026Q3, with the middle half of leases between $6.56 and $9.85. That is not this building's own rent, and never a quote for a particular unit.

Office space on Shenton Way

Street level · 2026Q3
25th pct
$6.56
$70.61 psm
Median
$9.02
$97.04 psm
75th pct
$9.85
$106.03 psm

S$ per sq ft per month · median +8% on a year earlier

2023Q4 · $78.03 psm2026Q3 · $97.04 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 Shenton Way

Street level · 2026Q3
25th pct
$6.90
$74.28 psm
Median
$8.88
$95.59 psm
75th pct
$11.66
$125.56 psm

S$ per sq ft per month · median +16.3% on a year earlier

2023Q4 · $69.97 psm2026Q3 · $95.59 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 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 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 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).

5

Market context around Mcl Lane

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

How does Shenton Way price?

Key takeawayAcross 27 strata sales on Shenton Way in the last 5 years, the median is $2,393 psf.
Strata sales on the street (5y)
27
Street median PSF (strata)
$2,393

Street figures cover strata deals only — land and strata PSF are not comparable.

7

What do commercial rents run near Mcl Lane?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 sales

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 band25th pctMedian75th 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 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.

8

What is near Mcl Lane?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 364 m away.

Getting around

Amenities nearby

Fullerton Healthcare @ Gethin-Jones (Shenton Way) · 28 mHotel · 45 mHub Synergy Pt · 105 mCold Storage Singapore (1983) Pte Ltd · 200 mIcon Village · 239 mTanjong Pagar MRT Exit H · 261 mTanjong Pagar Pk · 383 mBlk 6 Tanjong Pagar Plaza · 454 mPlace Of Worship · 525 mTanjong Pagar Community Club · 544 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Mcl Lane

Key takeawayThe nearest station is Prince Edward Road (CC32), 28 m away — a quiet station, with 3,673 taps in and out on an average weekday. 10 public car parks are within 500 m.
Foot traffic: busier than 56% of retail buildings

nearest MRT/LRT Prince Edward Road (CC32) 28 m, about 3,673 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 10, about 11,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 14,000 residents within 1 km (June 2026); 2 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

  • Prince Edward Road (CC32)28 m · 3,673 weekday taps
  • Tanjong Pagar (EW15)260 m · about 85,000 weekday taps
  • Shenton Way (TE19)703 m · about 32,000 weekday taps
  • Cantonment (CC31)785 m · 3,987 weekday taps
  • Maxwell (TE18)821 m · about 23,000 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 Mcl Lane. Transfers between lines don't tap, so interchanges read low.

Bus

10 bus stops within 400 m, with about 11,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Mistri Rd (URA)80 m
  • Prince Edward Rd - She Nton Way Off St (URA)359 m
    S$1.50 per half-hour at midday on a weekday · 84 car lots
  • Wallich St (URA)420 m
    S$1.20 per half-hour at midday on a weekday · 9 car lots
  • Blk 1/6 Tanjong Pagar Mscp (HDB)435 m
    S$1.20 per half-hour at midday on a weekday · gantry 1.8 m · 384 car lots
  • Backlane (Peck Seah St - Tras St) (URA)447 m

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Blair Road-Everton Roa D Area, 1.0 km away, S$80/month.

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

10

How many companies are registered at Mcl Lane?

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.

11

Frequently asked questions about Mcl Lane

Where is Mcl Lane?⌄

Mcl Lane is at Shenton Way, in the Downtown Core planning area.

What is Mcl Lane zoned as?⌄

Mcl Lane sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 5.6.

Have there been any recorded transactions at Mcl Lane?⌄

No caveats have been lodged for Mcl Lane 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 Mcl Lane?⌄

Prince Edward Road MRT is the closest, 174 m away (about a 3-minute walk).

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