CommercialCOMMERCIALDistrict 1 · Downtown Core

Singapore Flyer

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Singapore Flyer is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. 3 units are currently listed for rent. ACRA records 8 live company registrations at this address.

1

What are the key facts about Singapore Flyer?

Key takeawaySingapore Flyer is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
30 Raffles Avenue
Land area
24,901 sqm
Completed
Not on record
Storeys
33 (© OpenStreetMap contributors)
Submarket
City Hall / Bugis
Listed as
Food & Beverage, Other Retail
Transactions on record
None recorded
Live listings
3
ACRA registrations
8

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.

2

About Singapore Flyer

Singapore Flyer is a commercial building in Downtown Core (District 01). It is located along Raffles Avenue, Singapore 039803.

Under the URA Master Plan it sits on land zoned commercial. It lies inside the Central Area.

It occupies roughly 24,901 sqm of land with about 91 sqm of gross floor area.

7 businesses are currently registered at this address with ACRA.

The nearest MRT is Promenade MRT, 570 m away (about a 9-minute walk). The closest bus stop (Aft S'pore Flyer) is 124 m away (about a 2-minute walk). Millenia Walk is 491 m away (about a 8-minute walk).

3

What is Singapore Flyer zoned as?

Key takeawaySingapore Flyer sits on land zoned COMMERCIAL, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Urban design area
Udga
Central Area
Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What does space at Singapore Flyer rent for?

Key takeawayNo rent is published for Singapore Flyer itself. On its street, Raffles Avenue, retail space rented at a median of $7.10 psf a month in 2024Q1. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Raffles Avenue

Street level · 2024Q1
25th pct
—
— psm
Median
$7.10
$76.44 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +2.2% on a year earlier

2021Q2 · $92.32 psm2024Q1 · $76.44 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).

5

Market context around Singapore Flyer

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.

6

How fast units move at Singapore Flyer

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 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.

7

What's been approved at Singapore Flyer?

Key takeawayURA has approved 16 changes of use at Singapore Flyer since 2000, most recently in 2023. 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. 1 Jul 2026Approved
    Additions & alterations

    Proposed 2 nos. of temporary toilet containers at existing 3-storey singapore flyer terminal building and existing 2-storey carpark building (downtown core planning area)

  2. 12 Aug 2025Approved
    Additions & alterations

    Proposed 1-storey temporary base kitchen at singapore flyer for singapore grand prix f1 2025

  3. 8 Sept 2023Approved
    Additions & alterations

    1st extension of written permission for proposed addition of a covered linkway along raffles avenue

  4. 27 Jan 2023ApprovedFloor 1
    Change of use: restaurant → shop

    Proposed change of use of unit #01-XX from restaurant to shop at singapore flyer

  5. 27 Jan 2023ApprovedFloor 2
    Change of use: health centre → shop

    Proposed change of use of #02-XX from health centre to shop at singapore flyer

  6. 27 Jan 2023ApprovedFloor 2
    Change of use: amusement centre → shop

    Proposed change of use of unit #02-XX from amusement centre to shop at singapore flyer

  7. 12 Apr 2021Approved
    Additions & alterations

    Proposed addition of a covered linkway along raffles avenue

  8. 26 Aug 2020Approved
    Additions & alterations

    Proposed addition and alteration to the existing outdoor refreshment area (ora) at the existing singapore flyer

  9. 16 Oct 2018ApprovedFloor 1
    Change of use to gallery

    Proposed change of use of unit #01-XX to gallery at singapore flyer

  10. 29 Sept 2017ApprovedFloor 1
    Change of use to shop

    Proposed change of use of unit #01-XX to shop at singapore flyer

  11. 1 Apr 2016ApprovedFloor 1
    Change of use: nightclub → restaurant

    Proposed change of use of units #01-XX & #01-XX from nightclub (discotheque) to restaurant at singapore flyer

  12. 7 Nov 2014ApprovedFloor 2
    Change of use: nightclub cum restaurant → ancillary office

    Proposed change of use of unit #02-XX from nightclub cum restaurant to ancillary office at 30 raffles avenue - singapore flyer

14 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).

8

What do commercial rents run near Singapore Flyer?

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 band25th pctMedian75th 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 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.

9

What is available at Singapore Flyer right now?

Key takeaway3 units are currently listed at Singapore Flyer. One row per unit; several agents often market the same unit.

For rent (3)

  • ⭐️Suntec / Millenia / Marina Sq⭐️ High Footfall. Prominent2 agentsS$26k/mo · 1,066 sqft
  • Prime Marina Bay Lifestyle Space | Ideal for Destination ConceptsS$30k/mo · 3,735 sqft
  • ⭐City Hall / Suntec / Millenia / Marina Sq⭐ Light F&B2 agentsS$12k/mo · 581 sqft

Browse every listing at this building →

10

What is near Singapore Flyer?

Key takeawayThe nearest MRT/LRT is Promenade MRT, about 570 m away.

Getting around

Amenities nearby

Aft S'pore Flyer · 124 mHotel · 245 mYouth Olympic Pk · 262 mPromenade MRT Exit A · 346 mRafflesMedical · 441 mMillenia Walk · 491 mRaffles Hospital · 1.4 km

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Singapore Flyer

Key takeawayThe nearest station is Promenade (CC4 / DT15), 346 m away — a busy station, with about 45,000 taps in and out on an average weekday. 3 public car parks are within 500 m.
Foot traffic: busier than 28% of retail buildings

nearest MRT/LRT Promenade (CC4/DT15) 346 m, about 45,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 2, about 728 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 783 residents within 1 km (June 2026); 4 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

  • Promenade (CC4 / DT15)346 m · about 45,000 weekday taps
  • Bayfront (CC34 / DT16)836 m · about 56,000 weekday taps
  • Bayfront (CE1 / DT16)836 m · about 23,000 weekday taps
  • Esplanade (CC3)839 m · about 15,000 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 Flyer. Transfers between lines don't tap, so interchanges read low.

Bus

2 bus stops within 400 m, with 728 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Singapore Flyer (development car park)24 m
    rates not published as open data
  • Raffles Boulevard Coac H Park (URA)273 m
  • Millenia Singapore (development car park)455 m
    rates not published as open data

Nearest URA season parking: Kampong Glam Area, 1.3 km away, S$125/month.

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

12

Who's registered at Singapore Flyer?

Key takeaway8 live companies (and LLPs and branches; sole proprietors are not counted) list Singapore Flyer as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    4
  • Accommodation and food services
    3
  • Arts, entertainment and recreation
    1
  • Professional, scientific and technical services
    0

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.

13

Frequently asked questions about Singapore Flyer

Where is Singapore Flyer?⌄

Singapore Flyer is at 30 Raffles Avenue, Singapore 039803, in the Downtown Core planning area.

What is Singapore Flyer zoned as?⌄

Singapore Flyer sits on land zoned commercial under the URA Master Plan.

Have there been any recorded transactions at Singapore Flyer?⌄

No caveats have been lodged for Singapore Flyer 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 Singapore Flyer?⌄

Promenade MRT is the closest, 570 m away (about a 9-minute walk).

How many businesses are registered at Singapore Flyer?⌄

7 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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