CommercialCOMMERCIALDistrict 1 · Downtown Core

Oue Downtown 2

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Oue Downtown 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. ACRA records 0 live company registrations at this address.

1

What are the key facts about Oue Downtown 2?

Key takeawayOue Downtown 2 is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
13.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
Land area
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

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 2

Oue Downtown 2 is a commercial building in Downtown Core (District 01). It is located along Shenton Way.

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 nearest MRT is Shenton Way MRT, 156 m away (about a 2-minute walk). The closest bus stop (UIC Bldg) is 59 m away (about a 1-minute walk). Icon Village is 609 m away (about a 10-minute walk).

3

What is Oue Downtown 2 zoned as?

Key takeawayOue Downtown 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

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 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 2?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 156 m away.

Getting around

Amenities nearby

Trinity Medical (Shenton) · 0 mUIC Bldg · 59 mShenton Way MRT Exit 6 · 98 mHotel · 182 mAp House Pte. Ltd. · 196 mPlace Of Worship · 224 mTelok Ayer Pk · 263 mAmoy Street Food Centre · 342 mIcon Village · 609 mKreta Ayer Community Club · 749 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Oue Downtown 2?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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

Frequently asked questions about Oue Downtown 2

Where is Oue Downtown 2?

Oue Downtown 2 is at Shenton Way, in the Downtown Core planning area.

What is Oue Downtown 2 zoned as?

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

Have there been any recorded transactions at Oue Downtown 2?

No caveats have been lodged for Oue Downtown 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 2?

Shenton Way MRT is the closest, 156 m away (about a 2-minute walk).

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