CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYLeaseholdDistrict 1 · Downtown Core

One Shenton

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2010
Quick Summary

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 52 live company registrations at this address.

1

What are the key facts about One Shenton?

Key takeawayOne Shenton is a commercial building in District 1 · Downtown Core, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held leasehold.
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
Transactions on record
1 (records start 1995)
Live listings
2
ACRA registrations
52
2

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).

3

What is One Shenton zoned as?

Key takeawayOne Shenton sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 11.2, inside the Central Area.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
11.2
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has One Shenton sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2010OfficeS$459k334 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.

5

How does Shenton Way price?

Key takeawayAcross 30 strata sales on Shenton Way in the last 5 years, the median is $2,348 psf.
Strata sales on the street (5y)
30
Street median PSF (strata)
$2,348

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near One Shenton?

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.

7

What is available at One Shenton right now?

Key takeaway2 units are currently listed at One Shenton. One row per unit; several agents often market the same unit.

For rent (2)

  • Shenton Way2 agentsS$2k/mo · 1,000 sqft
  • One ShentonS$30k/mo · 2,339 sqft

Browse every listing at this building →

8

What is near One Shenton?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 177 m away.

Getting around

Amenities nearby

RafflesMedical · 94 mHotel · 96 mAp House Pte. Ltd. · 122 m80 Robinson Rd · 145 mShenton Way MRT Exit 6 · 169 mPlace Of Worship · 370 mTelok Ayer Green · 404 mRepublic Plaza · 466 mAmoy Street Food Centre · 484 mKreta Ayer Community Club · 864 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at One Shenton?

Key takeawayACRA records 52 live company registrations at this address, 20 of them in the last three years.
Live registrations
52
Registered last 3 years
20
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.

10

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.

For agents · in the PropKaki app

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This development is also registered as the residential project One Shenton.

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