CommercialHOTELDistrict 1 · Downtown Core

Millenia Tower

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Millenia Tower is a commercial building in District 1 · Downtown Core, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 3.6. 12 units are currently listed for rent. ACRA records 621 live company registrations at this address.

1

What are the key facts about Millenia Tower?

Key takeawayMillenia Tower is a commercial building in District 1 · Downtown Core, zoned HOTEL.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
3.6
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
1 Temasek Avenue
Land area
53,360 sqm
Completed
1996 (per Wikipedia)
Storeys
41 (per Wikipedia)
Submarket
City Hall / Bugis
Listed as
Office
Transactions on record
None recorded
Live listings
12
ACRA registrations
621

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 Millenia Tower

Millenia Tower is a commercial building in Downtown Core (District 01). It is located along Temasek Avenue, Singapore 039192.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 3.6. It lies inside the Central Area.

It occupies roughly 53,360 sqm of land with about 192,096 sqm of gross floor area.

625 businesses are currently registered at this address with ACRA.

The nearest MRT is Promenade MRT, 121 m away (about a 2-minute walk). The closest bus stop (Opp Suntec Convention Ctr) is 100 m away (about a 2-minute walk). Millenia Walk is 128 m away (about a 2-minute walk).

3

What is Millenia Tower zoned as?

Key takeawayMillenia Tower sits on land zoned HOTEL with a gross plot ratio of 3.6, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
3.6
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at Millenia Tower 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 Millenia Tower

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Fringe CBD: Vacancy 7.2%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • City Hall / Marina Centre: Rent S$11.36 psf/mth · Vacancy 3.2% · Planned / under construction 0.00m sq ft
  • Bugis: Rent S$12.12 psf/mth · Vacancy 11.9% · Planned / under construction 0.56m sq ft
Singapore Office MarketBeat Q2 2026

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.

6

How fast units move at Millenia Tower

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 12 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What's been approved at Millenia Tower?

Key takeawayURA's planning decisions at Millenia Tower since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 11 Sept 2026Approved
    Additions & alterations

    Proposed additions and alterations to roof night lighting of existing millenia tower

  2. 23 Sept 2024Approved
    Additions & alterations

    Proposed additions and alterations to roof night lighting of existing millenia tower

  3. 18 May 2011Approved
    Additions & alterations

    Proposed additions and alterations to existing blk 45 involving change of use of the existing part of 1st storey into child day care center at temasek polytechnic staff apartments

  4. 14 Aug 2009Approved
    Additions & alterations

    Extension of written permission for proposed addition of enclosed and air-conditioning of link and entrance at millenia walk and addition of open sided link to centennial tower ts 11 on lot 00544t pt at 1 temasek avenue

  5. 19 Oct 2006Approved
    Additions & alterations

    Proposed additions & alterations and change of use from part of common area to office at basement level of millenia tower

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).

8

What do commercial rents run near Millenia Tower?

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.

9

What is available at Millenia Tower right now?

Key takeaway12 units are currently listed at Millenia Tower. One row per unit; several agents often market the same unit.

For rent (12)

  • Millenia TowerS$68k/mo · 3,983 sqft
  • Millenia TowerS$68k/mo · 3,983 sqft
  • Millenia Tower2 agentsS$68k/mo · 4,000 sqft
  • Millenia TowerS$21k/mo · 1,389 sqft

Browse every listing at this building →

10

What is near Millenia Tower?

Key takeawayThe nearest MRT/LRT is Promenade MRT, about 121 m away.

Getting around

Amenities nearby

Hotel · 0 mPromenade MRT Exit B · 94 mOpp Suntec Convention Ctr · 101 mMillenia Walk · 129 mRafflesMedical · 189 mEpicurean Concepts Marina Square Pte. Ltd. · 219 mPlace Of Worship · 767 mEducational Institution · 834 mRaffles Hospital · 859 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Millenia Tower

Key takeawayThe nearest station is Promenade (CC4 / DT15), 94 m away — a busy station, with about 45,000 taps in and out on an average weekday. 4 public car parks are within 500 m.
Foot traffic: busier than 42% of office buildings

nearest MRT/LRT Promenade (CC4/DT15) 94 m, about 45,000 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 10, about 13,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 3,469 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

  • Promenade (CC4 / DT15)94 m · about 45,000 weekday taps
  • Esplanade (CC3)335 m · about 15,000 weekday taps
  • Bugis (EW12 / DT14)637 m · about 109,000 weekday taps
  • City Hall (NS25 / EW13)701 m · about 91,000 weekday taps
  • Nicoll Highway (CC5)831 m · about 10,000 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 Millenia Tower. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Millenia Singapore (development car park)156 m
    rates not published as open data
  • Suntec City (development car park)236 m
    rates not published as open data
  • Marina Square (development car park)361 m
    rates not published as open data
  • Raffles Boulevard Coac H Park (URA)374 m

Nearest URA season parking: Kampong Glam Area, 820 m away, S$125/month.

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

12

Who's registered at Millenia Tower?

Key takeaway621 live companies (and LLPs and branches; sole proprietors are not counted) list Millenia Tower as their registered address. These are registered businesses, not who occupies the space.
  • Transportation and storage
    348
  • Financial and insurance
    175
  • Wholesale and retail trade
    53
  • Professional, scientific and technical services
    15
  • Real estate
    11
  • Information and communications
    6
  • Accommodation and food services
    4
  • Arts, entertainment and recreation
    3
  • Administrative and support services
    2
  • Construction
    1

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.

13

Frequently asked questions about Millenia Tower

Where is Millenia Tower?⌄

Millenia Tower is at 1 Temasek Avenue, Singapore 039192, in the Downtown Core planning area.

What is Millenia Tower zoned as?⌄

Millenia Tower sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 3.6.

Have there been any recorded transactions at Millenia Tower?⌄

No caveats have been lodged for Millenia Tower 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 Millenia Tower?⌄

Promenade MRT is the closest, 121 m away (about a 2-minute walk).

How many businesses are registered at Millenia Tower?⌄

625 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on Millenia Tower.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Millenia Tower — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…