CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Oue Bayfront/Oue Tower/Oue Link

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Oue Bayfront/Oue Tower/Oue Link is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 80 years remaining. ACRA records 206 live company registrations at this address.

1

What are the key facts about Oue Bayfront/Oue Tower/Oue Link?

Key takeawayOue Bayfront/Oue Tower/Oue Link is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
—
Land area
6,448 sqm
Completed
Not on record
Storeys
Not on record
Owner
OUE REIT (50% interest) (SGX filings)
Submarket
Raffles Place
Transactions on record
None recorded
Live listings
None
ACRA registrations
206

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

Who owns Oue Bayfront/Oue Tower/Oue Link, and what is it valued at?

Key takeawayOUE REIT holds a 50% interest in Oue Bayfront/Oue Tower/Oue Link. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
OUE Bayfront comprising: OUE Bayfront OUE Tower OUE Link
Valued at S$1,422 million for its 50% interest (S$1,422 million for the whole property) as at 31 Dec 2025, by Savills Valuation and Professional Services (S) Pte Ltd.
OUE REIT’s 50% interest in OUE Bayfront held through OUE Allianz Bayfront LLP amounts to S$711,000,000.
OUE BAYFRONT
Valued at S$1,422 million for its 50% interest as at 31 Dec 2025.
from its annual report (2025)
OUE BAYFRONT: OUE REIT's annual report (2025)
NLA (its 50% share)
423,641 sq ft
Committed occupancy
99%
WALE
2.8 years
Tenants
41
Car-park lots
245
Land tenure
99-year lease from 12 Nov 2007
Green Mark
Green Mark Platinum Award
Major tenants
Bank of America, Aramco Asia Singapore, Allen & Overy LLP, Warburg Pincus Singapore, XTX Markets
per OUE REIT's annual report (SGX), 27 Mar 2026, page 14 — figures for OUE BAYFRONT as a whole

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.

3

About Oue Bayfront/Oue Tower/Oue Link

Oue Bayfront/Oue Tower/Oue Link is a commercial building in Downtown Core (District 01). It is located along Collyer Quay, Singapore 049321.

Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.

The site is leasehold, with about 80 years remaining on the lease. It occupies roughly 6,448 sqm of land with about 48,792 sqm of gross floor area.

207 businesses are currently registered at this address with ACRA.

The nearest MRT is Raffles Place MRT, 206 m away (about a 3-minute walk). The closest bus stop (OUE Bayfront) is 131 m away (about a 2-minute walk). One Raffles Place is 256 m away (about a 4-minute walk).

4

What is Oue Bayfront/Oue Tower/Oue Link zoned as?

Key takeawayOue Bayfront/Oue Tower/Oue Link sits on land zoned COMMERCIAL, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Urban design area
Udga
Central Area
Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 40,450 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 →

5

What does space at Oue Bayfront/Oue Tower/Oue Link rent for?

Key takeawayNo rent is published for Oue Bayfront/Oue Tower/Oue Link itself. On its street, Collyer Quay, office space rented at a median of $11.00 psf a month in 2026Q3, with the middle half of leases between $9.80 and $13.30. That is not this building's own rent, and never a quote for a particular unit.

Office space on Collyer Quay

Street level · 2026Q3
25th pct
$9.80
$105.49 psm
Median
$11.00
$118.40 psm
75th pct
$13.30
$143.16 psm

S$ per sq ft per month · median -10.5% on a year earlier

2023Q4 · $130.79 psm2026Q3 · $118.40 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 on Collyer Quay

Street level · 2026Q3
25th pct
$10.09
$108.62 psm
Median
$15.73
$169.33 psm
75th pct
$19.68
$211.82 psm

S$ per sq ft per month · median +16% on a year earlier

2023Q4 · $191.60 psm2026Q3 · $169.33 psm median

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 · 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).

6

Market context around Oue Bayfront/Oue Tower/Oue Link

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.

7

What's been approved at Oue Bayfront/Oue Tower/Oue Link?

Key takeawayURA has approved 2 changes of use at Oue Bayfront/Oue Tower/Oue Link since 2000, most recently in 2021. 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. 4 Jun 2026Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations to the existing 18-storey office building (oue bayfront) involving a new heat exchanger room for district cooling connection at basement 1 and new catwalk at 3rd storey on lot 00404k ts 30 at 50 collyer quay (downtown core planning area)

  2. 18 Mar 2026Approved
    Additions & alterations

    Proposed addition and alteration to basements 4,3,2,1, 1st, 17th, 18th storey and roof levels of existing oue bayfront and change of use of 17th storey from m&e to office on lot 00404k ts30 at 50 collyer quay (downtown core planning area)

  3. 1 Dec 2025RenewedFloor 18
    Change of use

    Continued ancillary bar use at the existing outdoor refreshment area (ora) and ancillary live entertainment (indoors) use at the unit #18-XX restaurant

  4. 6 Oct 2025Approved
    Additions & alterations

    Proposed additions and alterations to the existing 18-storey office building (oue bayfront) involving a new heat exchanger room for district cooling connection at basement 1 and new catwalk at 3rd storey on lot 00404k ts 30 at 50 collyer quay (downtown core planning area)

  5. 20 May 2025Approved
    Additions & alterations

    2nd extension of written permission for the approved addition/alteration works involving conversion of existing passenger lift to fire lift with fire lobby of existing oue bayfront building

  6. 8 Aug 2023Approved
    Additions & alterations

    Proposed amendment to approved additions & alteration works involving conversion of existing passenger lift to fire lift with fire lobby of existing oue bayfront building (downtown planning area)

  7. 5 Jul 2023Approved
    Additions & alterations

    1st extension of written permission for the approved addition/alteration works involving conversion of existing passenger lift to fire lift with fire lobby of existing oue bayfront building

  8. 26 Jan 2023RenewedFloor 18
    Change of use

    Continued ancillary bar use at the existing outdoor refreshment area (ora) and ancillary live entertainment (indoors) use at the unit #18-XX restaurant

  9. 15 Jun 2021Approved
    Additions & alterations

    Proposed additions & alteration works involving conversion of existing passenger lift to fire lift with fire lobby of existing oue bayfront building on lot ts30-00404k at 50 collyer quay (downtown core planning area)

  10. 10 May 2021Approved
    Change of use: electric meter room → store room

    Proposed change of use of part of the 19th storey from electric meter room to store room at oue bayfront

  11. 20 Feb 2020RenewedFloor 18
    Change of use

    Continued ancillary bar use at the existing outdoor refreshment area (ora) and ancillary live entertainment (indoors) use at the unit #18-XX restaurant

  12. 18 Mar 2019Approved
    Additions & alterations

    Proposed additions & alterations to rooftop restaurant extension of oue bayfront building on lot ts30-00404k at 50 collyer quay (downtown planning area)

7 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).

8

How does Collyer Quay price?

Strata sales on the street (5y)
8

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.

9

What do commercial rents run near Oue Bayfront/Oue Tower/Oue Link?

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.

10

What is near Oue Bayfront/Oue Tower/Oue Link?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 206 m away.

Getting around

Amenities nearby

ParkwayHealth Primary Care Network · 92 mOUE Bayfront · 131 mRaffles Place MRT Exit E · 163 mRaffles Place Pk · 175 mHotel · 221 mOne Raffles Place · 256 mAl Marche Pte Ltd · 259 mMarket Street Hawker Centre · 344 mPlace Of Worship · 400 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Oue Bayfront/Oue Tower/Oue Link

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 163 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 2 public car parks are within 500 m.
Foot traffic: busier than 77% of office buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 163 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 7, about 17,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 6,283 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)163 m · about 133,000 weekday taps
  • Downtown (DT17)369 m · about 51,000 weekday taps
  • Telok Ayer (DT18)470 m · about 37,000 weekday taps
  • Shenton Way (TE19)637 m · about 32,000 weekday taps
  • Bayfront (CC34 / DT16)645 m · about 56,000 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 Oue Bayfront/Oue Tower/Oue Link. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Cecil St - M Arket St) (URA)241 m
  • Backlane (Synagogue St - Church St) (URA)462 m

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.7 km away, S$80/month.

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

12

Who's registered at Oue Bayfront/Oue Tower/Oue Link?

Key takeaway206 live companies (and LLPs and branches; sole proprietors are not counted) list Oue Bayfront/Oue Tower/Oue Link as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    153
  • Accommodation and food services
    16
  • Professional, scientific and technical services
    12
  • Real estate
    12
  • Wholesale and retail trade
    8
  • Information and communications
    2
  • Water supply, sewerage and waste management
    2
  • Administrative and support services
    1
  • Manufacturing
    0
  • Transportation and storage
    0

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 Oue Bayfront/Oue Tower/Oue Link's BCA building profile?

BCA building type
Office
Green Mark
Gold (2015)
Energy use intensity
289 kWh/m²·yr
14

Frequently asked questions about Oue Bayfront/Oue Tower/Oue Link

Where is Oue Bayfront/Oue Tower/Oue Link?⌄

Oue Bayfront/Oue Tower/Oue Link is at Collyer Quay, Singapore 049321, in the Downtown Core planning area.

What is Oue Bayfront/Oue Tower/Oue Link zoned as?⌄

Oue Bayfront/Oue Tower/Oue Link sits on land zoned commercial under the URA Master Plan.

What is the tenure of Oue Bayfront/Oue Tower/Oue Link?⌄

Oue Bayfront/Oue Tower/Oue Link is leasehold. About 80 years remain on the lease.

Have there been any recorded transactions at Oue Bayfront/Oue Tower/Oue Link?⌄

No caveats have been lodged for Oue Bayfront/Oue Tower/Oue Link 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 Oue Bayfront/Oue Tower/Oue Link?⌄

Raffles Place MRT is the closest, 206 m away (about a 3-minute walk).

How many businesses are registered at Oue Bayfront/Oue Tower/Oue Link?⌄

207 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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