CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Singapore Exchange Centre

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2007

Quick Summary

Singapore Exchange Centre 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. 16 transactions are on record since 1995, at a median S$1,200 psf, most recently in Feb 2007. ACRA records 556 live company registrations at this address.

The facts are here — now get the verdict on Singapore Exchange Centre.

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What are the key facts about Singapore Exchange Centre?

Key takeawaySingapore Exchange Centre 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: 2 Shenton Way
Land area: —
Completed: Not on record
Storeys: 30 (© OpenStreetMap contributors)
Submarket: Shenton Way / Tanjong Pagar
Units with a recorded sale: At least 15
Transactions on record: 16 (records start 1995)
Live listings: None
ACRA registrations: 556

About Singapore Exchange Centre

Singapore Exchange Centre is a commercial building in Downtown Core (District 01). It is located along Shenton Way, Singapore 068804.

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.

16 transactions have been recorded here, at a median of S$1,200 psf. The most recent was in February 2007.

573 businesses are currently registered at this address with ACRA.

The nearest MRT is Shenton Way MRT, 217 m away (about a 3-minute walk). The closest bus stop (80 Robinson Rd) is 74 m away (about a 1-minute walk). Republic Plaza is 432 m away (about a 7-minute walk).

What is Singapore Exchange Centre zoned as?

Key takeawaySingapore Exchange Centre 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

BCA-verified envelope: built 29,964 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 has Singapore Exchange Centre sold for?

Key takeawayAcross 16 recorded transactions since 1995, the median price is about S$12.26M, most recently in Feb 2007.

Date	Use	Price	Area	PSF
Feb 2007	Office	S$54.58M	38,869 sqft	$1,404
Feb 2007	Office	S$83.06M	84,777 sqft	$980
Feb 2007	Office	S$99.67M	71,505 sqft	$1,394
May 1998	Office	S$11.41M	9,505 sqft	$1,200
May 1998	Office	S$12.26M	10,215 sqft	$1,200
May 1998	Office	S$12.26M	10,215 sqft	$1,200
May 1998	Office	S$12.26M	10,215 sqft	$1,200
May 1998	Office	S$12.26M	10,215 sqft	$1,200
May 1998	Office	S$12.26M	10,215 sqft	$1,200
May 1998	Office	S$12.26M	10,215 sqft	$1,200

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 Singapore Exchange Centre rent for?

Key takeawayNo rent is published for Singapore Exchange Centre itself. On its street, Shenton Way, office space rented at a median of $9.02 psf a month in 2026Q3, with the middle half of leases between $6.56 and $9.85. That is not this building's own rent, and never a quote for a particular unit.

Office space on Shenton Way

Street level · 2026Q3

25th pct

$6.56

$70.61 psm

Median

$9.02

$97.04 psm

75th pct

$9.85

$106.03 psm

S$ per sq ft per month · median +8% on a year earlier

2023Q4 · $78.03 psm2026Q3 · $97.04 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 Shenton Way

Street level · 2026Q3

25th pct

$6.90

$74.28 psm

Median

$8.88

$95.59 psm

75th pct

$11.66

$125.56 psm

S$ per sq ft per month · median +16.3% on a year earlier

2023Q4 · $69.97 psm2026Q3 · $95.59 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 Singapore Exchange Centre

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Vacancy 5%
Islandwide (Grade B): Rent S$8.35 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m 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 Singapore Exchange Centre?

Key takeawayURA has approved 3 changes of use at Singapore Exchange Centre since 2000, most recently in 2026. 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.

20 Mar 2026Agency worksFloor 1
Change of use to gym / fitness centre
Lodgment for proposed use of unit #01-XX as gym / fitness centre
13 Dec 2023Approved
Additions & alterations
Proposed new canopy at 1st storey and overhead bridge entrance & new glass rain screens to the taxi stand canopy at sgx centre 2 on lots 00168k ,00679c pt ts 30 at no 2 shenton way singapore 068804 (downtown core planning area)
9 Mar 2015Approved
Additions & alterations
Proposed regularisation of gfa to the approved additions and alterations to the existing 1st storey forecourt, (tower 1) singapore exchange centre at 2 shenton way
16 Dec 2014ApprovedFloor 25
Change of use: office → cafe
Proposed change of use of part of the unit #25-XX from office to cafe at 2 shenton way - sgx centre 1
6 May 2014Approved
Additions & alterations
Proposed additions and alterations to the existing 1st storey forecourt, (tower 1) singapore exchange centre on lot 00168k ts 30 at 2 shenton way
4 Dec 2013Approved
Additions & alterations
Proposed additions and alterations to the existing basement 1, basement 2, 2nd storey (podium level), 3rd & 4th storey (tower 1) at singapore exchange centre
12 Sept 2007Approved
Additions & alterations
Proposed additions & alterations at roof level (upper water tank level)

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?

Key takeawayAcross 27 strata sales on Shenton Way in the last 5 years, the median is $2,393 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$2,393

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

What do commercial rents run near Singapore Exchange Centre?

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 Singapore Exchange Centre?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 217 m away.

Getting around

Shenton Way MRT217 m · ~3 min

Amenities nearby

Hotel · 25 mShenton Medical Group (Robinson Rd) · 49 m80 Robinson Rd · 75 mAp House Pte. Ltd. · 180 mShenton Way MRT Exit 6 · 190 mPlace Of Worship · 300 mTelok Ayer Green · 333 mAmoy Street Food Centre · 426 mRepublic Plaza · 432 mKreta Ayer Community Club · 797 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Singapore Exchange Centre

Key takeawayThe nearest station is Shenton Way (TE19), 190 m away — a moderately busy station, with about 32,000 taps in and out on an average weekday. 16 public car parks are within 500 m.

Foot traffic: busier than 97% of office buildings

nearest MRT/LRT Shenton Way (TE19) 190 m, about 32,000 taps a weekday; 12 more stations within 1 km; bus stops within 400 m: 11, about 24,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 14,000 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)190 m · about 32,000 weekday taps
Downtown (DT17)269 m · about 51,000 weekday taps
Telok Ayer (DT18)301 m · about 37,000 weekday taps
Raffles Place (EW14 / NS26)339 m · about 133,000 weekday taps
Tanjong Pagar (EW15)398 m · about 85,000 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 Singapore Exchange Centre. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 24,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Backlane (Boon Tat St - Mccallum St) (URA)112 m
Stanley St (URA)226 m
S$1.20 per half-hour at midday on a weekday · 20 car lots
Backlane (Boon Tat St) (URA)262 m
Backlane (Mccallum St) (URA)284 m
Mccallum St (URA)289 m
S$1.20 per half-hour at midday on a weekday · 11 car lots

Nearest URA season parking: Blair Road-Everton Roa D Area, 1.5 km away, S$80/month.

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

Who's registered at Singapore Exchange Centre?

Key takeaway556 live companies (and LLPs and branches; sole proprietors are not counted) list Singapore Exchange Centre as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
201
Professional, scientific and technical services
123
Wholesale and retail trade
85
Information and communications
85
Manufacturing
14
Transportation and storage
14
Construction
8
Administrative and support services
7
Education
5
Health and social services
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. ACRA, as of 2026-09-16.

What is Singapore Exchange Centre's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 291 kWh/m²·yr

Frequently asked questions about Singapore Exchange Centre

Where is Singapore Exchange Centre?⌄

Singapore Exchange Centre is at 2 Shenton Way, Singapore 068804, in the Downtown Core planning area.

What is Singapore Exchange Centre zoned as?⌄

Singapore Exchange Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 11.2.

What is the tenure of Singapore Exchange Centre?⌄

Singapore Exchange Centre is leasehold. About 68 years remain on the lease.

What have units at Singapore Exchange Centre sold for?⌄

Across 16 recorded transactions, the median price is S$1,200 psf. The latest was in February 2007.

What is the nearest MRT station to Singapore Exchange Centre?⌄

Shenton Way MRT is the closest, 217 m away (about a 3-minute walk).

How many businesses are registered at Singapore Exchange Centre?⌄

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

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.

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 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.

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.