CommercialCOMMERCIALDistrict 1 · Downtown Core

Ocbc Centre

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Ocbc 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 8.4. 13 units are currently listed for sale or rent. ACRA records 894 live company registrations at this address.

1

What are the key facts about Ocbc Centre?

Key takeawayOcbc Centre is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
8.4
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
65 Chulia Street
Land area
1,281 sqm
Completed
1976 (per Wikipedia)
Storeys
52 (per Wikipedia)
Submarket
Raffles Place
Listed as
Office, Shop / Shophouse
Transactions on record
None recorded
Live listings
13
ACRA registrations
894

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 Ocbc Centre

Ocbc Centre is a commercial building in Downtown Core (District 01). It is located along Chulia Street, Singapore 049513.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 8.4. It lies inside the Central Area.

It occupies roughly 1,281 sqm of land with about 10,760 sqm of gross floor area.

908 businesses are currently registered at this address with ACRA.

The nearest MRT is Raffles Place MRT, 272 m away (about a 4-minute walk). The closest bus stop (OCBC Ctr) is 59 m away (about a 1-minute walk). One Raffles Place is 223 m away (about a 4-minute walk).

3

What is Ocbc Centre zoned as?

Key takeawayOcbc Centre sits on land zoned COMMERCIAL with a gross plot ratio of 8.4, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
8.4
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 10,760 sqm · built 75,079 sqm · headroom -64,319 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What does space at Ocbc Centre rent for?

Key takeawayNo rent is published for Ocbc Centre itself. On its street, Chulia Street, office space rented at a median of $11.25 psf a month in 2026Q3, with the middle half of leases between $10.93 and $11.60. That is not this building's own rent, and never a quote for a particular unit.

Office space on Chulia Street

Street level · 2026Q3
25th pct
$10.93
$117.60 psm
Median
$11.25
$121.11 psm
75th pct
$11.60
$124.85 psm

S$ per sq ft per month · median +14.5% on a year earlier

2023Q4 · $103.04 psm2026Q3 · $121.11 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 — 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 Ocbc Centre

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Prime office: Capital value S$3,200 psf · Net yield 3.7%
  • Core CBD (Grade A): Rent S$12.50 psf/mth · Vacancy 3.3%
  • Core CBD (Grade B): Rent S$9.15 psf/mth
  • Core CBD: Rent S$9.40 psf/mth · Vacancy 4.5%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m 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 Ocbc Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 12 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 4 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 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 Ocbc Centre?

Key takeawayURA has approved 7 changes of use at Ocbc Centre since 2000, most recently in 2022. 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. 27 Jan 2022Agency worksFloor 39
    Change of use to office

    Lodgment for proposed use of units #39-XX, #39-XX, #39-XX and #39-XX as office

  2. 3 Aug 2021Approved
    Additions & alterations

    Proposed additions & alterations to existing ocbc centre involving entrance canopy at no.65 chulia street (downtown core planning area)

  3. 6 Nov 2020Approved
    Change of use to ancillary refreshment area

    Proposed change of use of part of 34th storey office to ancillary refreshment area at ocbc centre

  4. 4 Feb 2020ApprovedFloor 39
    Change of use: office → fitness centre

    Proposed change of use of units #39-XX & #39-XX from office to fitness centre at ocbc centre

  5. 28 May 2019Approved
    Change of use: office → cafe

    Propose change of use of part of 6th storey from office to cafe at ocbc centre

  6. 20 Mar 2019ApprovedFloor 39
    Change of use: office → fitness centre

    Propose change of use of unit #39-XX from office to fitness centre at ocbc centre

  7. 12 Jul 2017Agency worksFloor 39
    Change of use to sports & recreation building

    Lodgment for proposed use of unit #39-XX as sports & recreation building

  8. 15 Jan 2016Agency worksFloor 39
    Change of use to sports & recreation

    Lodgment for proposed use of unit #39-XX as sports & recreation

  9. 24 Aug 2012Approved
    Additions & alterations

    Proposed addition and alterations involving installation of facade lighting to ocbc centre

  10. 23 Nov 2004Approved
    Additions & alterations

    Proposed driveway & upgrading of pedestrian walkway & landscaped plaza

  11. 20 Nov 2002Approved
    Additions & alterations

    Proposed driveway & upgrading of pedestrian walkway & landscaped plaza

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 Ocbc Centre?

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 Ocbc Centre right now?

Key takeaway13 units are currently listed at Ocbc Centre — 1 for sale and 12 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • !!! No Absd!! Freehold!! High Potential!! Shophouse!! Great Location!! 永久产权!! 优越位!! 无额外买家印花税!!S$22.00M · 3,900 sqft

For rent (12)

  • OCBC CentreS$15k/mo · 1,367 sqft
  • Ocbc Centre4 agentsS$26k/mo · 2,174 sqft
  • Ocbc Centre3 agentsS$24k/mo · 2,000 sqft
  • Ocbc Centre3 agentsS$18k/mo · 1,500 sqft

Browse every listing at this building →

10

What is near Ocbc Centre?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 272 m away.

Getting around

Amenities nearby

Place Of Worship · 28 mOCBC Ctr · 59 mThe Medical Clinic · 67 mMarket Street Hawker Centre · 151 mHotel · 201 mMarket Street Park · 208 mOne Raffles Place · 223 mRaffles Place MRT Exit G · 258 mNTUC Fairprice Co-operative Ltd · 496 mKreta Ayer Community Club · 800 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Ocbc Centre

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 257 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 25 public car parks are within 500 m.
Foot traffic: busier than 69% of office buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 257 m, about 133,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 7, about 10,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 11,000 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

  • Raffles Place (EW14 / NS26)257 m · about 133,000 weekday taps
  • Telok Ayer (DT18)278 m · about 37,000 weekday taps
  • Clarke Quay (NE5)406 m · about 31,000 weekday taps
  • Chinatown (NE4 / DT19)418 m · about 97,000 weekday taps
  • Maxwell (TE18)654 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 Ocbc Centre. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Backlane (Synagogue St - Church St) (URA)38 m
  • Backlane (Synagogue St ) (URA)109 m
  • Backlane (Lor Telok - Circular Rd) (URA)129 m
  • North Canal Rd (URA)153 m
    S$1.20 per half-hour at midday on a weekday · 24 car lots
  • Circular Rd (URA)162 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, 1.2 km away, S$80/month.

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

12

Who's registered at Ocbc Centre?

Key takeaway894 live companies (and LLPs and branches; sole proprietors are not counted) list Ocbc Centre as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    257
  • Wholesale and retail trade
    193
  • Professional, scientific and technical services
    182
  • Information and communications
    82
  • Transportation and storage
    69
  • Education
    31
  • Real estate
    20
  • Administrative and support services
    20
  • Manufacturing
    12
  • Accommodation and food services
    7

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

What is Ocbc Centre's BCA building profile?

BCA building type
Office
Green Mark
Gold (2016)
Energy use intensity
199 kWh/m²·yr
14

Frequently asked questions about Ocbc Centre

Where is Ocbc Centre?⌄

Ocbc Centre is at 65 Chulia Street, Singapore 049513, in the Downtown Core planning area.

What is Ocbc Centre zoned as?⌄

Ocbc Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 8.4.

Have there been any recorded transactions at Ocbc Centre?⌄

No caveats have been lodged for Ocbc Centre 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 Ocbc Centre?⌄

Raffles Place MRT is the closest, 272 m away (about a 4-minute walk).

How many businesses are registered at Ocbc Centre?⌄

908 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.

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