One Shenton
One Shenton is a commercial building in District 1 · Downtown Core, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 11.2. It is leasehold with roughly 78 years remaining. 1 transaction is on record since 1995, most recently in Jun 2010. 2 units are currently listed for rent. ACRA records 43 live company registrations at this address.
What are the key facts about One Shenton?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 11.2
- Tenure
- Leasehold
- District / Area
- District 1 · Downtown Core
- Address
- 1 Shenton Way
- Land area
- 3,875 sqm
- Completed
- 2011 (per Wikipedia)
- Storeys
- 50 (per Wikipedia)
- Strata lots (whole development, MCST)
- 352
- Managing agent
- SAVILLS PROPERTY MANAGEMENT PTE LTD
- Strata formed
- 2012 (MCST 3748)
- Submarket
- Shenton Way / Tanjong Pagar
- Units with a recorded sale
- At least 1
- Transactions on record
- 1 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 43
About One Shenton
One Shenton is a mixed-use building in Downtown Core (District 01). It is located along Shenton Way, Singapore 068803.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 11.2. It lies inside the Central Area.
The site is leasehold, with about 78 years remaining on the lease. It occupies roughly 3,875 sqm of land with about 47,735 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$1,375 psf. The most recent was in June 2010.
52 businesses are currently registered at this address with ACRA.
The nearest MRT is Shenton Way MRT, 177 m away (about a 3-minute walk). The closest bus stop (80 Robinson Rd) is 145 m away (about a 2-minute walk). Republic Plaza is 466 m away (about a 7-minute walk).
What is One Shenton zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- 11.2
- Urban design area
- Udga
- Central Area
- Yes
What has One Shenton sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2010 | Office | S$459k | 334 sqft | $1,375 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at One Shenton rent for?
Office space on Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +8% 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 Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +16.3% 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 One Shenton
- Islandwide: Vacancy 5%
- Islandwide (Grade B): Rent S$8.35 psf/mth
- Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m 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 One Shenton
Rent: 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.
What's been approved at One Shenton?
- 17 Sept 2026ApprovedAdditions & alterations
Proposed amendment to approved addition and alteration to the existing outdoor refreshment area at 1st storey of one shenton on lot 00395n ts30 at one shenton way singapore 068803 (downtown core planning area)
- 17 Jun 2026ApprovedAdditions & alterations
Proposed addition and alteration involving amendment to the existing outdoor refreshment area at 1st storey of one shenton on lot 00395n ts30 at 1 shenton way (downtown core planning area)
- 4 Jun 2024ApprovedAdditions & alterations
Proposed amendment to the approved additions and alterations to the 1st storey of one shenton involving reconfiguration of outdoor refreshment area on lot 00395n ts 30 at one shenton way singapore 068803 (downtown core planning area)
- 30 Aug 2023ApprovedAdditions & alterations
Proposed additions and alterations to the 1st storey of one shenton involving reconfiguration of outdoor refreshment area on lot 00395n ts 30 at one shenton way singapore 068803 (downtown core planning area)
- 15 May 2023ApprovedAdditions & alterations
Regularisation of gfa and amendment to approved proposed addition and alteration to the existing 43/50 storey residential development with 1st storey commercial involving new facilities and reconfiguration of existing sky terraces at 24th & 25th storey at one shenton development (downtown core)
- 9 Jan 2023ApprovedAdditions & alterations
Proposed addition and alteration to the existing 43/50 storey residential development with 1st storey commercial involving new facilities and reconfiguration of existing sky terraces at 24th & 25th storey at one shenton development on lot 00395n ts30 at one shenton way singapore 068803 (downtown core)
- 28 May 2021ApprovedAdditions & alterations
Proposed green wall system to existing 1st storey columns and existing 2nd to 7th storey car park facade at one shenton condominium on lot 00395n ts30 at one shenton way singapore 068803
- 16 Oct 2020ApprovedFloor 1Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant at one shenton
- 21 Nov 2018ApprovedFloor 1Change of use: restaurant → massage establishment
Proposed change of use of unit #01-XX from restaurant to massage establishment at one shenton
- 19 Aug 2014ApprovedAdditions & alterations
Proposed amendment to approved oras of part of the covered walkways and through-block link as outdoor refreshment areas (oras) at 1 shenton way
- 22 May 2014ApprovedAdditions & alterations
Proposed oras of part of the covered walkways and through-block link as outdoor refreshment areas (oras) on lot 00395n ts 30 at 1 shenton way (downtown core planning area)
- 11 May 2012ApprovedAdditions & alterations
Proposed additions and alterations to 1st storey of one shenton
5 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$54.50 per unit).
How does Shenton Way price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near One Shenton?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 One Shenton right now?
For rent (2)
- One ShentonS$30k/mo · 2,339 sqft
- Shenton Way2 agentsS$2k/mo · 1,000 sqft
What is near One Shenton?
Getting around
- Shenton Way MRT177 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at One Shenton
nearest MRT/LRT Shenton Way (TE19) 168 m, about 32,000 taps a weekday; 12 more stations within 1 km; bus stops within 400 m: 12, about 25,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 13,000 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
- Shenton Way (TE19)168 m · about 32,000 weekday taps
- Downtown (DT17)215 m · about 51,000 weekday taps
- Raffles Place (EW14 / NS26)357 m · about 133,000 weekday taps
- Telok Ayer (DT18)367 m · about 37,000 weekday taps
- Tanjong Pagar (EW15)434 m · about 85,000 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 One Shenton. Transfers between lines don't tap, so interchanges read low.
Bus
12 bus stops within 400 m, with about 25,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Boon Tat St - Mccallum St) (URA)183 m
- Stanley St (URA)296 mS$1.20 per half-hour at midday on a weekday · 20 car lots
- Backlane (Boon Tat St) (URA)332 m
- Backlane (Mccallum St) (URA)347 m
- Mccallum St (URA)351 mS$1.20 per half-hour at midday on a weekday · 11 car lots
Nearest URA season parking: Blair Road-Everton Roa D Area, 1.5 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. One Shenton's own car park, if it has one, and its charges are not in the open data.
Who's registered at One Shenton?
- Professional, scientific and technical services18
- Wholesale and retail trade10
- Accommodation and food services6
- Information and communications3
- Financial and insurance2
- Other services2
- Administrative and support services1
- Real estate1
- Manufacturing0
- Transportation and storage0
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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.
Frequently asked questions about One Shenton
Where is One Shenton?⌄
One Shenton is at 1 Shenton Way, Singapore 068803, in the Downtown Core planning area.
What is One Shenton zoned as?⌄
One Shenton sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 11.2.
What is the tenure of One Shenton?⌄
One Shenton is leasehold. About 78 years remain on the lease.
What have units at One Shenton sold for?⌄
Across 1 recorded transaction, the median price is S$1,375 psf. The latest was in June 2010.
What is the nearest MRT station to One Shenton?⌄
Shenton Way MRT is the closest, 177 m away (about a 3-minute walk).
How many businesses are registered at One Shenton?⌄
52 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 One Shenton.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project One Shenton.