CommercialCOMMERCIALDistrict 1 · Downtown Core

Prudential Towers

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Prudential Towers is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 14.0. ACRA records 435 live company registrations at this address.

The facts are here — now get the verdict on Prudential Towers.

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What are the key facts about Prudential Towers?

Key takeawayPrudential Towers is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 14.0
Tenure: Not on record
District / Area: District 1 · Downtown Core
Address: 30 Cecil Street
Land area: —
Completed: Not on record
Storeys: 30 (© OpenStreetMap contributors)
Strata units (MCST): 32
Managing agent: CBRE PTE LTD
Strata formed: 1999 (MCST 2340)
Submarket: Raffles Place
Transactions on record: None recorded
Live listings: None
ACRA registrations: 435

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.

Who owns Prudential Towers, and what is it valued at?

Key takeawayNo REIT or listed company holds Prudential Towers today on its latest filings. Earlier SGX filings about it are below, each with its date.

Whole-building deals

Announced 15 May 2014 · completed 26 Sep 2014
Keppel REIT sold a 92.8% interest in Prudential Tower for S$512 million (aggregate sale consideration) to the Purchasers.
At the time: NLA 221,080 sq ft
Announcement on SGX · completion notice

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.

About Prudential Towers

Prudential Towers is a commercial building in Downtown Core (District 01). It is located along Cecil Street, Singapore 049712.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 14. It lies inside the Central Area.

467 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 151 m away (about a 2-minute walk). The closest bus stop (Prudential Twr) is 14 m away (about a 0-minute walk). Republic Plaza is 123 m away (about a 2-minute walk).

What is Prudential Towers zoned as?

Key takeawayPrudential Towers sits on land zoned COMMERCIAL with a gross plot ratio of 14.0, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 14.0
Urban design area: Udga
Central Area: Yes

BCA-verified envelope: built 27,699 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 →

What does space at Prudential Towers rent for?

Key takeawayNo rent is published for Prudential Towers itself. On its street, Cecil Street, office space rented at a median of $6.56 psf a month in 2026Q3, with the middle half of leases between $6.06 and $7.28. That is not this building's own rent, and never a quote for a particular unit.

Office space on Cecil Street

Street level · 2026Q3

25th pct

$6.06

$65.25 psm

Median

$6.56

$70.62 psm

75th pct

$7.28

$78.32 psm

S$ per sq ft per month · median -0.4% on a year earlier

2023Q4 · $63.69 psm2026Q3 · $70.62 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 Cecil Street

Street level · 2026Q3

25th pct

$6.05

$65.10 psm

Median

$7.12

$76.63 psm

75th pct

$11.98

$128.92 psm

S$ per sq ft per month · median -37.8% on a year earlier

2023Q1 · $209.46 psm2026Q3 · $76.63 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).

Market context around Prudential Towers

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.

What's been approved at Prudential Towers?

Key takeawayURA has approved 2 changes of use at Prudential Towers since 2000, most recently in 2018. 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.

29 Nov 2018Approved
Additions & alterations
Proposed additions and alterations to 16th storey of existing 30-storey office building
29 Oct 2018Approved
Change of use to office
Proposed change of use of 1st storey and 1st storey mezzanine to office at prudential tower
27 Mar 2018Approved
Change of use: bank → restaurant cum bar
Proposed change of use of 1st storey and 1st storey mezzanine from bank to restaurant cum bar at prudential tower
3 Dec 2014Approved
Additions & alterations
Proposed additions & alterations to 10th,11th,16th,18th to 21st,23rd,24th & 28th storey of the existing 30-storey office building
24 Jul 2013Approved
Additions & alterations
Proposed additions & alterations to 1st storey of existing 30-storey office building (addition of a take-away food shop kiosk)
19 Jul 2013Approved
Additions & alterations
Proposed additions and alterations works involving internal staircase at 13th to 15th storey to the existing 30-storey office building
9 Feb 2012Approved
Additions & alterations
Proposed retention of additions & alterations to 2nd storey of existing 30-storey office building

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).

How does Cecil Street price?

Key takeawayAcross 117 strata sales on Cecil Street in the last 5 years, the median is $3,881 psf.

Strata sales on the street (5y)

117

Street median PSF (strata)

$3,881

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

What do commercial rents run near Prudential Towers?

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 band	25th pct	Median	75th 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 band	25th pct	Median	75th 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.

What is near Prudential Towers?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 151 m away.

Getting around

Telok Ayer MRT151 m · ~2 min

Amenities nearby

Hotel · 12 mPrudential Twr · 14 mFullerton Health @ OFC · 81 mMarket Street Park · 101 mRaffles Place MRT Exit F · 120 mRepublic Plaza · 123 mMarket Street Hawker Centre · 143 mPlace Of Worship · 189 mAl Marche Pte Ltd · 371 mKreta Ayer Community Club · 779 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Prudential Towers

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 124 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 24 public car parks are within 500 m.

Foot traffic: busier than 90% of office buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 124 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 8, about 17,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 12,000 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)124 m · about 133,000 weekday taps
Telok Ayer (DT18)127 m · about 37,000 weekday taps
Downtown (DT17)439 m · about 51,000 weekday taps
Chinatown (NE4 / DT19)517 m · about 97,000 weekday taps
Shenton Way (TE19)543 m · about 32,000 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 Prudential Towers. Transfers between lines don't tap, so interchanges read low.

Bus

8 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)119 m
Backlane (Synagogue St - Church St) (URA)218 m
Backlane (Boon Tat St - Amoy St) (URA)244 m
Backlane (Boon Tat St) (URA)250 m
Boon Tat St (URA)252 m
S$1.20 per half-hour at midday on a weekday · 17 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.5 km away, S$80/month.

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

Who's registered at Prudential Towers?

Key takeaway435 live companies (and LLPs and branches; sole proprietors are not counted) list Prudential Towers as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
150
Professional, scientific and technical services
69
Transportation and storage
61
Wholesale and retail trade
55
Information and communications
27
Administrative and support services
25
Real estate
14
Electricity, gas and air-conditioning supply
13
Other services
6
Manufacturing
5

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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

What is Prudential Towers's BCA building profile?

BCA building type: Office
Green Mark: GoldPlus (2017)
Energy use intensity: 137 kWh/m²·yr

Frequently asked questions about Prudential Towers

Where is Prudential Towers?⌄

Prudential Towers is at 30 Cecil Street, Singapore 049712, in the Downtown Core planning area.

What is Prudential Towers zoned as?⌄

Prudential Towers sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.

Have there been any recorded transactions at Prudential Towers?⌄

No caveats have been lodged for Prudential Towers 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 Prudential Towers?⌄

Telok Ayer MRT is the closest, 151 m away (about a 2-minute walk).

How many businesses are registered at Prudential Towers?⌄

467 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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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.