CommercialCOMMERCIALDistrict 1 · Downtown Core

Suntec City

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Suntec City is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.1. 6 units are currently listed for sale or rent. ACRA records 5,140 live company registrations at this address.

1

What are the key facts about Suntec City?

Key takeawaySuntec City is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.1
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
—
Land area
116,620 sqm
Completed
1995 (per EdgeProp)
Storeys
Not on record
Owner
Suntec REIT (SGX filings)
Submarket
City Hall / Bugis
Listed as
Office
Transactions on record
None recorded
Live listings
6
ACRA registrations
5,140

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

Who owns Suntec City, and what is it valued at?

Key takeawaySuntec City is owned by Suntec REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
Suntec City Office Towers: Suntec REIT's annual report (2025)
Land tenure
Leasehold

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.

3

About Suntec City

Suntec City is a commercial building in Downtown Core (District 01). It is located along Temasek Boulevard, Singapore 038987.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.1. It lies inside the Central Area.

It occupies roughly 116,620 sqm of land with about 487,129 sqm of gross floor area.

3,533 businesses are currently registered at this address with ACRA.

The nearest MRT is Promenade MRT, 271 m away (about a 4-minute walk). The closest bus stop (Suntec City) is 76 m away (about a 1-minute walk). Suntec City is 90 m away (about a 1-minute walk).

4

What is Suntec City zoned as?

Key takeawaySuntec City sits on land zoned COMMERCIAL with a gross plot ratio of 4.1, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
4.1
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

5

What does space at Suntec City rent for?

Key takeawayNo rent is published for Suntec City itself. On its street, Temasek Boulevard, office space rented at a median of $11.20 psf a month in 2026Q3, with the middle half of leases between $10.80 and $11.61. That is not this building's own rent, and never a quote for a particular unit.

Office space on Temasek Boulevard

Street level · 2026Q3
25th pct
$10.80
$116.24 psm
Median
$11.20
$120.57 psm
75th pct
$11.61
$125.00 psm

S$ per sq ft per month · median +4.9% on a year earlier

2023Q4 · $114.08 psm2026Q3 · $120.57 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 Temasek Boulevard

Street level · 2026Q3
25th pct
$14.25
$153.39 psm
Median
$18.18
$195.66 psm
75th pct
$28.02
$301.61 psm

S$ per sq ft per month · median +0.7% on a year earlier

2023Q4 · $214.01 psm2026Q3 · $195.66 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).

6

Market context around Suntec City

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Fringe CBD: Vacancy 7.2%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • City Hall / Marina Centre: Rent S$11.36 psf/mth · Vacancy 3.2% · Planned / under construction 0.00m sq ft
  • Bugis: Rent S$12.12 psf/mth · Vacancy 11.9% · Planned / under construction 0.56m 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.

7

How fast units move at Suntec City

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units for rent; 2 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 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.

Sale: 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.

8

What's been approved at Suntec City?

Key takeawayURA has approved 2 changes of use at Suntec City since 2000, most recently in 2025. 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. 22 Oct 2025ApprovedFloor 11
    Change of use to gym/fitness centre

    Proposed change of use of part units #11-XX and #11-XX to gym/fitness centre at suntec tower one

  2. 24 Apr 2023ApprovedFloor 9
    Change of use to office

    Proposed change of use of unit #09-XX to office at suntec tower one

  3. 11 Nov 2019Approved
    Additions & alterations

    Proposed additions and alterations to 10th storey of suntec office tower 1

  4. 11 Jul 2018ApprovedFloor 19
    Additions & alterations

    Proposed additions and alterations to 19th storey of suntec tower 1 on lot 00904x ts11 at unit #19-XX 7 temasek boulevard

  5. 5 Dec 2012ApprovedFloor 14
    Additions & alterations

    Proposed additions and alterations to existing strata office unit #14-XX suntec city tower one

  6. 12 Aug 2010ApprovedFloors 20, 21
    Additions & alterations

    Proposed additions and alterations to unit #20-XX & #21-XX of an existing building

  7. 12 Oct 2007ApprovedFloors 20, 21
    Additions & alterations

    Proposed additions and alterations works to unit #20-XX and #21-XX of an existing building (suntec city tower 1)

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).

9

How does Temasek Boulevard price?

Key takeawayAcross 53 strata sales on Temasek Boulevard in the last 5 years, the median is $3,300 psf.
Strata sales on the street (5y)
53
Street median PSF (strata)
$3,300

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

10

What do commercial rents run near Suntec City?

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.

11

What is available at Suntec City right now?

Key takeaway6 units are currently listed at Suntec City — 2 for sale and 4 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • Suntec CityS$11.50M · 3,925 sqft
  • Suntec CityS$10.55M · 2,930 sqft

For rent (4)

  • Suntec CityS$28k/mo · 2,800 sqft
  • Suntec CityS$43k/mo · 3,925 sqft
  • Suntec CityS$49k/mo · 3,823 sqft
  • Suntec CityS$14k/mo · 1,211 sqft

Browse every listing at this building →

12

What is near Suntec City?

Key takeawayThe nearest MRT/LRT is Promenade MRT, about 271 m away.

Getting around

Amenities nearby

Crawfurd Medical Centre · 34 mSuntec City · 76 mCold Storage Singapore (1983) Pte Ltd · 90 mSuntec City · 90 mHotel · 176 mPromenade MRT Exit C · 254 mWar Memorial Pk · 490 mPlace Of Worship · 618 mRaffles Hospital · 648 mEducational Institution · 670 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Suntec City

Key takeawayThe nearest station is Promenade (CC4 / DT15), 253 m away — a busy station, with about 45,000 taps in and out on an average weekday. 8 public car parks are within 500 m.
Foot traffic: busier than 48% of office buildings

nearest MRT/LRT Promenade (CC4/DT15) 253 m, about 45,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 14, about 14,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 5,817 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

  • Promenade (CC4 / DT15)253 m · about 45,000 weekday taps
  • Esplanade (CC3)324 m · about 15,000 weekday taps
  • Bugis (EW12 / DT14)419 m · about 109,000 weekday taps
  • City Hall (NS25 / EW13)644 m · about 91,000 weekday taps
  • Nicoll Highway (CC5)758 m · about 10,000 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 Suntec City. Transfers between lines don't tap, so interchanges read low.

Bus

14 bus stops within 400 m, with about 14,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Suntec City (development car park)229 m
    rates not published as open data
  • Backlane (Purvis St) (URA)326 m
  • Liang Seah St (URA)371 m
    S$1.20 per half-hour at midday on a weekday · 45 car lots
  • Purvis St (URA)372 m
    S$1.20 per half-hour at midday on a weekday · 43 car lots
  • Millenia Singapore (development car park)376 m
    rates not published as open data

Nearest URA season parking: Kampong Glam Area, 669 m away, S$125/month.

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

14

Who's registered at Suntec City?

Key takeaway5,140 live companies (and LLPs and branches; sole proprietors are not counted) list Suntec City as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    1,223
  • Professional, scientific and technical services
    1,053
  • Wholesale and retail trade
    991
  • Information and communications
    820
  • Transportation and storage
    270
  • Administrative and support services
    205
  • Education
    132
  • Real estate
    115
  • Manufacturing
    76
  • Construction
    64

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.

15

Frequently asked questions about Suntec City

Where is Suntec City?⌄

Suntec City is at Temasek Boulevard, Singapore 038987, in the Downtown Core planning area.

What is Suntec City zoned as?⌄

Suntec City sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.1.

Have there been any recorded transactions at Suntec City?⌄

No caveats have been lodged for Suntec City 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 Suntec City?⌄

Promenade MRT is the closest, 271 m away (about a 4-minute walk).

How many businesses are registered at Suntec City?⌄

3,533 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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