CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Oue Downtown 1 & 2

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Oue Downtown 1 & 2 is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 13.0. It is leasehold with roughly 40 years remaining. ACRA records 1,235 live company registrations at this address.

1

What are the key facts about Oue Downtown 1 & 2?

Key takeawayOue Downtown 1 & 2 is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
13.0
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
Land area
8,352 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
1,235

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

About Oue Downtown 1 & 2

Oue Downtown 1 & 2 is a commercial building in Downtown Core (District 01). It is located along Shenton Way, Singapore 068809.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 13. It lies inside the Central Area.

The site is leasehold, with about 40 years remaining on the lease. It occupies roughly 8,352 sqm of land with about 116,055 sqm of gross floor area.

1,235 businesses are currently registered at this address with ACRA.

The nearest MRT is Shenton Way MRT, 233 m away (about a 4-minute walk). The closest bus stop (Aft Capital Twr) is 100 m away (about a 2-minute walk). Icon Village is 479 m away (about a 8-minute walk).

3

What is Oue Downtown 1 & 2 zoned as?

Key takeawayOue Downtown 1 & 2 sits on land zoned COMMERCIAL with a gross plot ratio of 13.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
13.0
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 108,576 sqm · built 116,055 sqm · headroom -7,479 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 →

4

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.

5

What do commercial rents run near Oue Downtown 1 & 2?

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 near Oue Downtown 1 & 2?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 233 m away.

Getting around

Amenities nearby

Sw1 Clinic · 23 mAft Capital Twr · 100 mTanjong Pagar MRT Exit E · 167 mTanjong Pagar Pk · 204 mPlace Of Worship · 215 mAp House Pte. Ltd. · 301 mHotel · 336 mAmoy Street Food Centre · 361 mIcon Village · 479 mKreta Ayer Community Club · 761 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Oue Downtown 1 & 2?

Key takeawayACRA records 1,235 live company registrations at this address, 306 of them in the last three years.
Live registrations
1,235
Registered last 3 years
306
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.

8

What is Oue Downtown 1 & 2's BCA building profile?

BCA building type
Office
Green Mark
Certified (2017)
Energy use intensity
181 kWh/m²·yr
9

Frequently asked questions about Oue Downtown 1 & 2

Where is Oue Downtown 1 & 2?

Oue Downtown 1 & 2 is at Shenton Way, Singapore 068809, in the Downtown Core planning area.

What is Oue Downtown 1 & 2 zoned as?

Oue Downtown 1 & 2 sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 13.

What is the tenure of Oue Downtown 1 & 2?

Oue Downtown 1 & 2 is leasehold. About 40 years remain on the lease.

Have there been any recorded transactions at Oue Downtown 1 & 2?

No caveats have been lodged for Oue Downtown 1 & 2 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 Downtown 1 & 2?

Shenton Way MRT is the closest, 233 m away (about a 4-minute walk).

How many businesses are registered at Oue Downtown 1 & 2?

1,235 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

The facts are here — now get the verdict on Oue Downtown 1 & 2.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Oue Downtown 1 & 2 — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp