Ocean Financial Centre
Ocean Financial 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 15.0. 22 units are currently listed for rent. ACRA records 944 live company registrations at this address.
What are the key facts about Ocean Financial Centre?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Tenure
- Not on record
- District / Area
- District 1 · Downtown Core
- Address
- 10 Collyer Quay
- Land area
- 6,109 sqm
- Completed
- 2011 (per Wikipedia)
- Storeys
- 43 (per Wikipedia)
- Owner
- Keppel REIT (79.9% interest) (SGX filings)
- Net lettable area
- 877,635 sq ft (the owner's SGX filings)
- Submarket
- Raffles Place
- Listed as
- Office
- Transactions on record
- None recorded
- Live listings
- 22
- ACRA registrations
- 944
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.
Who owns Ocean Financial Centre, and what is it valued at?
- NLA (its 79.9% share)
- 695,996 sq ft
- Land tenure
- Leasehold 99 years
- Major tenants
- The Executive Centre, BNP Paribas, DBS Bank, Standard Chartered
- Announced 29 Nov 2018Keppel REIT sold a 20% interest in Ocean Financial Centre for S$537.3 million (agreed property value) to Allianz Real Estate (on behalf of several Allianz companies, collectively “Allianz”).At the time: NLA 877,635 sq ft
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Ocean Financial Centre
Ocean Financial Centre is a commercial building in Downtown Core (District 01). It is located along Collyer Quay, Singapore 049315.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.
It occupies roughly 6,109 sqm of land with about 95,321 sqm of gross floor area.
961 businesses are currently registered at this address with ACRA.
The nearest MRT is Raffles Place MRT, 118 m away (about a 2-minute walk). The closest bus stop (OUE Bayfront) is 171 m away (about a 3-minute walk). Republic Plaza is 159 m away (about a 2-minute walk).
What is Ocean Financial Centre zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Urban design area
- Udga
- Central Area
- Yes
What does space at Ocean Financial Centre rent for?
Office space on Collyer Quay
Street level · 2026Q3S$ per sq ft per month · median -10.5% 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 Collyer Quay
Street level · 2026Q3S$ per sq ft per month · median +16% 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 1 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 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).
Market context around Ocean Financial Centre
- 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%
- Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m 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.
How fast units move at Ocean Financial Centre
Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing 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.
What's been approved at Ocean Financial Centre?
- 9 Oct 2026ApprovedAdditions & alterations
Proposed additions and alteration works to the existing 43 storey building (ocean financial centre) with 3 basement carparks involving works at 1st, 2nd, 3rd storey and lower roof of the car park block and basements 1 & 2 (downtown core planning area)
- 9 Sept 2026ApprovedAdditions & alterations
Proposed additions & alterations to 1st storey and covered plaza of existing 43-storey office building (ocean financial centre) with 3 basement carparks on lot 00340p ts01 at 10 collyer quay (downtown core planning area)
- 2 Sept 2026RenewedFloor 43Continued use as restaurant cum nightclub use
Continued use of 6 units (#43-XX to #43-XX) as restaurant cum nightclub use at the existing 43-storey building (ocean financial centre)
- 31 Aug 2026RenewedFloor 20Continued use as ancillary bar/pub and staff lounge with pantry
Continued use of unit #20-XX and #20-XX from part office to ancillary bar/pub and staff lounge with pantry at ocean financial centre
- 30 Jul 2026ApprovedChange of use
Proposed mobile food trucks at ocean financial centre
- 22 May 2026ApprovedAdditions & alterations
Proposed additions and alterations to 2nd storey including facade and 17th storey facade of existing ocean financial centre (downtown core planning area)
- 16 Jan 2026ApprovedAdditions & alterations
Proposed additions and alterations to existing 43- storey office building (ocean financial centre) with 3 basements carparks involving gfa decantment (downtown core planing area)
- 13 Oct 2025ApprovedFloor 17Change of use to office
Proposed change of use of part m&e room and part corridor to office (extension to office unit #17-XX) at ocean financial centre
- 9 Aug 2025ApprovedFloor 4Change of use: office → ancillary staff refreshment area
Proposed change of use of part unit #04-XX from office to ancillary staff refreshment area at ocean financial centre
- 9 Aug 2025ApprovedFloor 37Change of use: office → ancillary staff refreshment area
Proposed change of use of part unit #37-XX from office to ancillary staff refreshment area at ocean financial centre
- 8 Aug 2025ApprovedFloor 40Change of use: office → ancillary cafe
Proposed change of use of part unit #40-XX from office to ancillary cafe at ocean financial centre
- 27 Sept 2024ApprovedChange of use: office → ancillary cafe
Proposed change of use of part 22nd storey from office to ancillary cafe at ocean financial centre
24 earlier change-of-use and A&A decisions are on record since 2000.
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$54.50 per unit).
How does Collyer Quay price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Ocean Financial Centre?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th 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 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 available at Ocean Financial Centre right now?
For rent (22)
- Ocean Financial Centre2 agentsS$61k/mo · 4,500 sqft
- Ocean Financial Centre2 agentsS$41k/mo · 3,000 sqft
- Ocean Financial CentreS$20k/mo · 1,500 sqft
- Ocean Financial Centre2 agentsS$108k/mo · 8,000 sqft
What is near Ocean Financial Centre?
Getting around
- Raffles Place MRT118 m · ~2 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Ocean Financial Centre
nearest MRT/LRT Raffles Place (EW14/NS26) 37 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 8, about 18,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 8,291 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)37 m · about 133,000 weekday taps
- Telok Ayer (DT18)353 m · about 37,000 weekday taps
- Downtown (DT17)397 m · about 51,000 weekday taps
- Shenton Way (TE19)637 m · about 32,000 weekday taps
- Chinatown (NE4 / DT19)717 m · about 97,000 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 Ocean Financial Centre. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Cecil St - M Arket St) (URA)140 m
- Backlane (Synagogue St - Church St) (URA)334 m
- Backlane (Lor Telok - Circular Rd) (URA)437 m
- Backlane (Synagogue St ) (URA)458 m
- Circular Rd (URA)458 mS$1.20 per half-hour at midday on a weekday · 34 car lots
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.6 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Ocean Financial Centre's own car park, if it has one, and its charges are not in the open data.
Who's registered at Ocean Financial Centre?
- Financial and insurance534
- Professional, scientific and technical services127
- Information and communications87
- Wholesale and retail trade71
- Administrative and support services32
- Transportation and storage22
- Real estate21
- Manufacturing13
- Arts, entertainment and recreation12
- Other services8
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 Ocean Financial Centre's BCA building profile?
- BCA building type
- Office
- Green Mark
- Platinum (2016)
- Energy use intensity
- 201 kWh/m²·yr
Frequently asked questions about Ocean Financial Centre
Where is Ocean Financial Centre?⌄
Ocean Financial Centre is at 10 Collyer Quay, Singapore 049315, in the Downtown Core planning area.
What is Ocean Financial Centre zoned as?⌄
Ocean Financial Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.
Have there been any recorded transactions at Ocean Financial Centre?⌄
No caveats have been lodged for Ocean Financial 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 Ocean Financial Centre?⌄
Raffles Place MRT is the closest, 118 m away (about a 2-minute walk).
How many businesses are registered at Ocean Financial Centre?⌄
961 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 Ocean Financial Centre.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
