CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Shenton House

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2023
Quick Summary

Shenton House 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 42 years remaining. 174 transactions are on record since 1995, most recently in Nov 2023. 1 unit is currently listed for rent. ACRA records 638 live company registrations at this address.

1

What are the key facts about Shenton House?

Key takeawayShenton House is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
11.2
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
3 Shenton Way
Land area
3,368 sqm
Transactions on record
174 (records start 1995)
Live listings
1
ACRA registrations
638
2

About Shenton House

Shenton House is a commercial building in Downtown Core (District 01). It is located along Shenton Way, Singapore 068805.

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 42 years remaining on the lease. It occupies roughly 3,368 sqm of land with about 47,148 sqm of gross floor area.

174 transactions have been recorded here, at a median of S$1,500 psf. The most recent was in November 2023.

638 businesses are currently registered at this address with ACRA.

The nearest MRT is Shenton Way MRT, 95 m away (about a 2-minute walk). The closest bus stop (UIC Bldg) is 75 m away (about a 1-minute walk).

3

What is Shenton House zoned as?

Key takeawayShenton House sits on land zoned COMMERCIAL with a gross plot ratio of 11.2, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
11.2
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Shenton House sold for?

Key takeawayAcross 174 recorded transactions since 1995, the median price is about S$1.01M, most recently in Nov 2023.
DateUsePriceAreaPSF
Nov 2023OfficeS$538.00M4,747 sqft$113,337
Jun 2023OfficeS$839k441 sqft$1,900
Nov 2022OfficeS$3.18M1,755 sqft$1,812
Jun 2022RetailS$1.30M710 sqft$1,830
Feb 2022OfficeS$1.16M560 sqft$2,069
Jan 2022OfficeS$2.28M1,141 sqft$1,998
Jan 2022OfficeS$2.37M1,356 sqft$1,750
Jan 2022OfficeS$2.44M1,356 sqft$1,795
Dec 2021OfficeS$2.70M1,507 sqft$1,792
Nov 2021OfficeS$1.08M560 sqft$1,921

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.

5

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.

6

What do commercial rents run near Shenton House?

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.

7

What is available at Shenton House right now?

Key takeaway1 unit is currently listed at Shenton House. One row per unit; several agents often market the same unit.

For rent (1)

  • Shenton House2 agentsS$6k/mo · 1,830 sqft

Browse every listing at this building →

8

What is near Shenton House?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 95 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Shenton Way MRT Exit 6 · 69 mUIC Bldg · 75 mTrinity Medical (Shenton) · 119 mHotel · 133 mPlace Of Worship · 334 mTelok Ayer Pk · 378 mKreta Ayer Community Club · 839 m

Competing premises nearby

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

Ap House Pte. Ltd. · 88 mAmoy Street Food Centre · 441 mRepublic Plaza · 555 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Shenton House?

Key takeawayACRA records 638 live company registrations at this address, 151 of them in the last three years.
Live registrations
638
Registered last 3 years
151
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.

10

Frequently asked questions about Shenton House

Where is Shenton House?

Shenton House is at 3 Shenton Way, Singapore 068805, in the Downtown Core planning area.

What is Shenton House zoned as?

Shenton House sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 11.2.

What is the tenure of Shenton House?

Shenton House is leasehold. About 42 years remain on the lease.

What have units at Shenton House sold for?

Across 174 recorded transactions, the median price is S$1,500 psf. The latest was in November 2023.

What is the nearest MRT station to Shenton House?

Shenton Way MRT is the closest, 95 m away (about a 2-minute walk).

How many businesses are registered at Shenton House?

638 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

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