CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

One George Street

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2021
Quick Summary

One George Street 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. It is leasehold with roughly 76 years remaining. 1 transaction is on record since 1995, most recently in Nov 2021. 27 units are currently listed for rent. ACRA records 453 live company registrations at this address.

1

What are the key facts about One George Street?

Key takeawayOne George Street is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
8.4
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
1 George Street
Land area
Transactions on record
1 (records start 1995)
Live listings
27
ACRA registrations
453
2

About One George Street

One George Street is a commercial building in Downtown Core (District 01). It is located along George Street, Singapore 049145.

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.

The site is leasehold, with about 76 years remaining on the lease.

1 transaction has been recorded here, at a median of S$21,272 psf. The most recent was in November 2021.

453 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 334 m away (about a 5-minute walk). The closest bus stop (Opp One Upp Pickering) is 167 m away (about a 3-minute walk). Cross Street Exchange is 256 m away (about a 4-minute walk).

3

What is One George Street zoned as?

Key takeawayOne George Street 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

Run the full zoning report for this building →

4

What has One George Street sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2021OfficeS$1281.49M60,243 sqft$21,272

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.

5

What do commercial rents run near One George Street?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

6

What is available at One George Street right now?

Key takeaway27 units are currently listed at One George Street. One row per unit; several agents often market the same unit.

For rent (27)

  • One George Street2 agentsS$69k/mo · 5,770 sqft
  • One George StreetS$31k/mo · 2,700 sqft
  • One George Street2 agentsS$30k/mo · 2,500 sqft
  • One George Street2 agentsS$48k/mo · 4,000 sqft

Browse every listing at this building →

7

What is near One George Street?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 334 m away.

Getting around

Amenities nearby

The Clinic @ One George Street · 34 mHotel · 96 mHong Lim Pk · 113 mOpp One Upp Pickering · 167 mPlace Of Worship · 185 mHong Lim Market & Food Centre · 224 mClarke Quay MRT Exit A · 238 mCross Street Exchange · 256 mNTUC Fairprice Co-operative Ltd · 354 mKreta Ayer Community Club · 727 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at One George Street?

Key takeawayACRA records 453 live company registrations at this address, 119 of them in the last three years.
Live registrations
453
Registered last 3 years
119
Most common type
Local Company

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.

9

Frequently asked questions about One George Street

Where is One George Street?

One George Street is at 1 George Street, Singapore 049145, in the Downtown Core planning area.

What is One George Street zoned as?

One George Street sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 8.4.

What is the tenure of One George Street?

One George Street is leasehold. About 76 years remain on the lease.

What have units at One George Street sold for?

Across 1 recorded transaction, the median price is S$21,272 psf. The latest was in November 2021.

What is the nearest MRT station to One George Street?

Clarke Quay MRT is the closest, 334 m away (about a 5-minute walk).

How many businesses are registered at One George Street?

453 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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