Sgx Centre 2
Sgx Centre 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 11.2. It is leasehold with roughly 68 years remaining. 4 transactions are on record since 1995, most recently in Apr 2025. 20 units are currently listed for rent. ACRA records 452 live company registrations at this address.
What are the key facts about Sgx Centre 2?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 11.2
- Tenure
- Leasehold
- District / Area
- District 1 · Downtown Core
- Address
- 4 Shenton Way
- Land area
- 5,798 sqm
- Completed
- 2001 (per Wikipedia)
- Storeys
- 30 (per Wikipedia)
- Strata units (MCST)
- 59
- Managing agent
- SINGLAND MANAGEMENT SERVICES PTE LTD
- Strata formed
- 2002 (MCST 2675)
- Owner
- Singapore Land Group (SGX filings)
- Submarket
- Shenton Way / Tanjong Pagar
- Units with a recorded sale
- At least 3
- Listed as
- Office, Other Retail
- Transactions on record
- 4 (records start 1995)
- Live listings
- 20
- ACRA registrations
- 452
Who owns Sgx Centre 2, and what is it valued at?
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 Sgx Centre 2
Sgx Centre 2 is a commercial building in Downtown Core (District 01). It is located along Shenton Way, Singapore 068807.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 11.2. It lies inside the Central Area.
The site is leasehold, with about 68 years remaining on the lease. It occupies roughly 5,798 sqm of land with about 71,413 sqm of gross floor area.
4 transactions have been recorded here, at a median of S$2,046 psf. The most recent was in April 2025.
465 businesses are currently registered at this address with ACRA.
The nearest MRT is Shenton Way MRT, 162 m away (about a 2-minute walk). The closest bus stop (UIC Bldg) is 98 m away (about a 2-minute walk). Republic Plaza is 515 m away (about a 8-minute walk).
What is Sgx Centre 2 zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 11.2
- Urban design area
- Udga
- Central Area
- Yes
What has Sgx Centre 2 sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2025 | Office | S$12.65M | 4,812 sqft | $2,629 |
| Apr 2025 | Office | S$26.85M | 10,215 sqft | $2,628 |
| May 1998 | Office | S$7.65M | 6,372 sqft | $1,200 |
| May 1998 | Office | S$13.83M | 9,440 sqft | $1,465 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Sgx Centre 2 rent for?
Office space on Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +8% on a year earlier
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 Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +16.3% on a year earlier
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 · 2026Q3S$ 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 Sgx Centre 2
- Islandwide: Vacancy 5%
- Islandwide (Grade B): Rent S$8.35 psf/mth
- Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m sq ft
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.
How fast units move at Sgx Centre 2
Rent: between 6 Aug 2026 and 28 Aug 2026, 4 new listings appeared and 1 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.
What's been approved at Sgx Centre 2?
- 24 Feb 2023ApprovedChange of use: lobby → cafe
Proposed change of use of unit #01-XX from lobby to cafe at part of 1st storey at 4 shenton way sgx centre 2 singapore 068807
- 25 Apr 2006ApprovedAdditions & alterations
Proposed additions & alterations at roof level (upper water tank level) sgx centre 2
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$54.50 per unit).
How does Shenton Way price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Sgx Centre 2?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 available at Sgx Centre 2 right now?
For rent (20)
- SGX CentreS$4k/mo · 180 sqft
- SGX Centre2 agentsS$46k/mo · 4,812 sqft
- SGX CentreS$12k/mo · 1,231 sqft
- SGX Centre2 agentsS$16k/mo · 1,709 sqft
What is near Sgx Centre 2?
Getting around
- Shenton Way MRT162 m · ~3 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Sgx Centre 2
nearest MRT/LRT Shenton Way (TE19) 118 m, about 32,000 taps a weekday; 10 more stations within 1 km; bus stops within 400 m: 10, about 23,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 15,000 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
- Shenton Way (TE19)118 m · about 32,000 weekday taps
- Tanjong Pagar (EW15)322 m · about 85,000 weekday taps
- Downtown (DT17)326 m · about 51,000 weekday taps
- Telok Ayer (DT18)348 m · about 37,000 weekday taps
- Raffles Place (EW14 / NS26)426 m · about 133,000 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 Sgx Centre 2. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with about 23,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Boon Tat St - Mccallum St) (URA)135 m
- Stanley St (URA)228 mS$1.20 per half-hour at midday on a weekday · 20 car lots
- Backlane (Mccallum St) (URA)254 m
- Mccallum St (URA)255 mS$1.20 per half-hour at midday on a weekday · 11 car lots
- Telok Ayer St (URA)291 mS$1.20 per half-hour at midday on a weekday · 49 car lots
Nearest URA season parking: Blair Road-Everton Roa D Area, 1.4 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Sgx Centre 2's own car park, if it has one, and its charges are not in the open data.
Who's registered at Sgx Centre 2?
- Financial and insurance197
- Professional, scientific and technical services78
- Wholesale and retail trade62
- Information and communications38
- Transportation and storage25
- Administrative and support services13
- Manufacturing11
- Health and social services6
- Other services5
- Education5
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.
What is Sgx Centre 2's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 332 kWh/m²·yr
Frequently asked questions about Sgx Centre 2
Where is Sgx Centre 2?⌄
Sgx Centre 2 is at 4 Shenton Way, Singapore 068807, in the Downtown Core planning area.
What is Sgx Centre 2 zoned as?⌄
Sgx Centre 2 sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 11.2.
What is the tenure of Sgx Centre 2?⌄
Sgx Centre 2 is leasehold. About 68 years remain on the lease.
What have units at Sgx Centre 2 sold for?⌄
Across 4 recorded transactions, the median price is S$2,046 psf. The latest was in April 2025.
What is the nearest MRT station to Sgx Centre 2?⌄
Shenton Way MRT is the closest, 162 m away (about a 2-minute walk).
How many businesses are registered at Sgx Centre 2?⌄
465 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.
The facts are here — now get the verdict on Sgx Centre 2.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.