CommercialHOTEL999-year leaseholdDistrict 6 · Downtown Core

Peninsula Shopping Complex

Reviewed by Nathan TangUpdated 8 November 2026Data through Mar 2026
Quick Summary

Peninsula Shopping Complex is a commercial building in District 6 · Downtown Core, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 7.0. It is 999-year leasehold. 133 transactions are on record since 1995, at a median S$1,659 psf, most recently in Mar 2026. 23 units are currently listed for sale or rent. ACRA records 742 live company registrations at this address.

1

What are the key facts about Peninsula Shopping Complex?

Key takeawayPeninsula Shopping Complex is a commercial building in District 6 · Downtown Core, zoned HOTEL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
7.0
Tenure
999-year leasehold
District / Area
District 6 · Downtown Core
Address
3 Coleman Street
Land area
3,000 sqm
Completed
Not on record
Storeys
22 (© OpenStreetMap contributors)
Submarket
City Hall / Bugis
Units with a recorded sale
At least 88
Listed as
Other Retail, Mall Shop, Shop / Shophouse
Transactions on record
133 (records start 1995)
Live listings
23
ACRA registrations
742
2

About Peninsula Shopping Complex

Peninsula Shopping Complex is a commercial building in Downtown Core (District 06). It is located along Coleman Street, Singapore 179804.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 7. It lies inside the Central Area.

The site is 999-year leasehold, with about 801 years remaining on the lease. It occupies roughly 3,000 sqm of land with about 29,490 sqm of gross floor area.

133 transactions have been recorded here, at a median of S$1,659 psf. The most recent was in March 2026.

1,009 businesses are currently registered at this address with ACRA.

The nearest MRT is City Hall MRT, 295 m away (about a 5-minute walk). The closest bus stop (Grand Pk City Hall) is 108 m away (about a 2-minute walk).

3

What is Peninsula Shopping Complex zoned as?

Key takeawayPeninsula Shopping Complex sits on land zoned HOTEL with a gross plot ratio of 7.0, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
7.0
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 21,000 sqm · built 51,487 sqm · headroom -30,487 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

What has Peninsula Shopping Complex sold for?

Key takeawayAcross 133 recorded transactions since 1995, the median price is about S$670k, most recently in Mar 2026.
DateUsePriceAreaPSF
Mar 2026RetailS$730k312 sqft$2,339
Mar 2026RetailS$725k291 sqft$2,495
Mar 2026RetailS$725k301 sqft$2,406
Mar 2026RetailS$1.00M420 sqft$2,382
Dec 2025RetailS$2.18M1,227 sqft$1,777
Jul 2025RetailS$650k334 sqft$1,948
May 2024RetailS$2.82M1,496 sqft$1,883
Aug 2023RetailS$920k301 sqft$3,053
Jul 2023RetailS$3.65M1,464 sqft$2,493
Mar 2023RetailS$938k420 sqft$2,234

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

5

What does space at Peninsula Shopping Complex rent for?

Key takeawayNo rent is published for Peninsula Shopping Complex itself. On its street, Coleman Street, office space rented at a median of $7.20 psf a month in 2026Q3, with the middle half of leases between $7.11 and $8.13. That is not this building's own rent, and never a quote for a particular unit.

Office space on Coleman Street

Street level · 2026Q3
25th pct
$7.11
$76.50 psm
Median
$7.20
$77.55 psm
75th pct
$8.13
$87.50 psm

S$ per sq ft per month · median +20.6% on a year earlier

2023Q4 · $67.79 psm2026Q3 · $77.55 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 Coleman Street

Street level · 2026Q3
25th pct
$6.72
$72.29 psm
Median
$7.93
$85.37 psm
75th pct
$9.29
$100.00 psm

S$ per sq ft per month · median +4.9% on a year earlier

2023Q4 · $70.37 psm2026Q3 · $85.37 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 6 retail

Region band · 2026Q3
25th pct
$8.45
$90.91 psm
Median
$11.11
$119.62 psm
75th pct
$14.88
$160.15 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 6 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 Peninsula Shopping Complex

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% 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

How fast units move at Peninsula Shopping Complex

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 12 units for rent; 11 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 5 new listings appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 2 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.

8

What's been approved at Peninsula Shopping Complex?

Key takeawayURA has approved 34 changes of use at Peninsula Shopping Complex since 2000, most recently in 2026, and refused 2. 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. 30 Sept 2026RenewedFloor 2
    Continued use as nightclub

    Continued use of unit #02-XX as nightclub

  2. 21 Jul 2026RenewedFloor 1
    Continued use as karaoke lounge

    Continued use of unit #01-XX as karaoke lounge

  3. 16 Jul 2026ApprovedFloor B1
    Change of use to dining area

    Proposed change of use of unit #B1-XX to dining area (as an expansion of restaurant unit #B1-XX) at peninsula shopping complex

  4. 16 Jul 2026ApprovedFloor B1
    Change of use to restaurant use

    Proposed change of use of units #B1-XX, #B1-XX and #B1-XX to restaurant use at peninsula shopping complex

  5. 30 Jun 2026ApprovedFloor B1
    Change of use to restaurant use

    Proposed change of use of units #B1-XX and #B1-XX to restaurant use at peninsula shopping complex

  6. 26 Mar 2026RenewedFloor 2
    Continued use as karaoke lounge

    Continued use of unit #02-XX as karaoke lounge at peninsula shopping complex

  7. 13 Jan 2026ApprovedFloor 2
    Change of use to nightclub

    Proposed change of use of unit #02-XX to nightclub at peninsula shopping complex

  8. 4 Nov 2025ApprovedFloor 3
    Change of use to nightclub

    Proposed change of use of shop units #03-XX, #03-XX and #03-XX to nightclub at peninsula shopping complex

  9. 9 Jul 2025RenewedFloor 2
    Change of use

    Continued use of units #02-XX and #02-XX for karaoke lounge use at peninsula shopping complex

  10. 2 Jun 2025RenewedFloor 3
    Continued use as karaoke lounge

    Continued use of shop unit #03-XX as karaoke lounge at peninsula shopping complex

  11. 25 Mar 2025RenewedFloor 2
    Continued use as karaoke lounge

    Continued use of #02-XX as karaoke lounge

  12. 27 Nov 2024RenewedFloor 2
    Continued use as karaoke lounge

    Continued use of the shop unit #02-XX as karaoke lounge

43 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).

9

How does Coleman Street price?

Key takeawayAcross 64 strata sales on Coleman Street in the last 5 years, the median is $2,572 psf.
Strata sales on the street (5y)
64
Street median PSF (strata)
$2,572

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

10

What do commercial rents run near Peninsula Shopping Complex?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 6 retail

Gross yield (area)
5.5%
5.0% net of property tax
Rent side (median of bands)
$119.62 psm/mo
2026Q3
Price side (strata, 5y)
$2,413 psf
100 sales

An INDICATIVE AREA yield for District 6 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 6 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$90.91$119.62$286.43
Level 1 · 30 & Below$81.61$93.33$107.01
Level 4 & Above · 30 & Below$80.57$83.33$94.29
Level 2 & 3 · 30 & Below$76.01$92.73$109.89
Level 4 & Above · >30 - 100$67.39$75.36$96.63
B1 & Below · >30 - 100$144.93$225.01$270.37
Level 2 & 3 · >30 - 100$66.18$87.34$123.84
Level 1 · >30 - 100$128.26$130.89$160.15

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.

11

What is available at Peninsula Shopping Complex right now?

Key takeaway23 units are currently listed at Peninsula Shopping Complex — 11 for sale and 12 for rent. One row per unit; several agents often market the same unit.

For sale (11)

  • Peninsula Shopping ComplexS$1.45M · 624 sqft
  • Peninsula Shopping ComplexS$1.33M · 527 sqft
  • Peninsula Shopping CentreS$1.29M · 269 sqft
  • Peninsula Shopping Centre2 agentsS$950k · 260 sqft

For rent (12)

  • Peninsula Shopping ComplexS$9k/mo · 1,486 sqft
  • Peninsula Shopping ComplexS$19k/mo · 3,552 sqft
  • Peninsula Shopping CentreS$3k/mo · 280 sqft
  • Peninsula Shopping Centre2 agentsS$21k/mo · 2,100 sqft

Browse every listing at this building →

12

What is near Peninsula Shopping Complex?

Key takeawayThe nearest MRT/LRT is City Hall MRT, about 295 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mMyat Saydanar Medical Center · 32 mGrand Pk City Hall · 108 mPlace Of Worship · 122 mCity Hall MRT Exit B · 243 mArmenian Street (Fcp) · 302 mEducational Institution · 308 mRaffles Hospital · 1.3 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Funan Mall · 59 mCold Storage Singapore (1983) Pte Ltd · 87 mHong Lim Market & Food Centre · 874 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Peninsula Shopping Complex

Key takeawayThe nearest station is City Hall (NS25 / EW13), 243 m away — one of the busiest stations, with about 91,000 taps in and out on an average weekday. 9 public car parks are within 500 m.
Foot traffic: busier than 82% of retail buildings

nearest MRT/LRT City Hall (NS25/EW13) 243 m, about 91,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 14, about 22,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 5,279 residents within 1 km (June 2026); 16 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.

Stations within 1 km

  • City Hall (NS25 / EW13)243 m · about 91,000 weekday taps
  • Clarke Quay (NE5)433 m · about 31,000 weekday taps
  • Bras Basah (CC2)468 m · about 10,000 weekday taps
  • Esplanade (CC3)563 m · about 15,000 weekday taps
  • Fort Canning (DT20)648 m · about 14,000 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 Peninsula Shopping Complex. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 22,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Funan Mall (development car park)83 m
    rates not published as open data
  • National Gallery (development car park)242 m
    rates not published as open data
  • Armenian St Off St (URA)272 m
    S$1.40 per half-hour at midday on a weekday · 45 car lots
  • Raffles City (development car park)401 m
    rates not published as open data
  • Upp Circular Rd (URA)406 m
    S$1.20 per half-hour at midday on a weekday · 22 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.1 km away, S$80/month.

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

14

Who's registered at Peninsula Shopping Complex?

Key takeaway742 live companies (and LLPs and branches; sole proprietors are not counted) list Peninsula Shopping Complex as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    226
  • Professional, scientific and technical services
    154
  • Information and communications
    127
  • Financial and insurance
    40
  • Health and social services
    39
  • Administrative and support services
    25
  • Education
    25
  • Manufacturing
    21
  • Arts, entertainment and recreation
    18
  • Construction
    16

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.

15

What is Peninsula Shopping Complex's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
392 kWh/m²·yr
16

Frequently asked questions about Peninsula Shopping Complex

Where is Peninsula Shopping Complex?⌄

Peninsula Shopping Complex is at 3 Coleman Street, Singapore 179804, in the Downtown Core planning area.

What is Peninsula Shopping Complex zoned as?⌄

Peninsula Shopping Complex sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 7.

What is the tenure of Peninsula Shopping Complex?⌄

Peninsula Shopping Complex is 999-year leasehold. About 801 years remain on the lease.

What have units at Peninsula Shopping Complex sold for?⌄

Across 133 recorded transactions, the median price is S$1,659 psf. The latest was in March 2026.

What is the nearest MRT station to Peninsula Shopping Complex?⌄

City Hall MRT is the closest, 295 m away (about a 5-minute walk).

How many businesses are registered at Peninsula Shopping Complex?⌄

1,009 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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