Suntec Tower One
Suntec Tower One 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. It is leasehold with roughly 62 years remaining. 191 transactions are on record since 1995, at a median S$2,097 psf, most recently in Jul 2026. 33 units are currently listed for sale or rent. ACRA records 3,016 live company registrations at this address.
What are the key facts about Suntec Tower One?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.1
- Tenure
- Leasehold
- District / Area
- District 1 · Downtown Core
- Address
- 7 Temasek Boulevard
- Land area
- 116,620 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Owner
- Suntec REIT (SGX filings)
- Submarket
- City Hall / Bugis
- Units with a recorded sale
- At least 115
- Listed as
- Office
- Transactions on record
- 191 (records start 1995)
- Live listings
- 33
- ACRA registrations
- 3,016
Who owns Suntec Tower One, and what is it valued at?
- Land tenure
- Leasehold
- NLA (its 66.3% share)
- 2,119,747 sq ft
- Tenants
- 657
- Car-park lots
- 3,066
- Land tenure
- Leasehold 99 years from 1989 (Remaining lease term of 63 years)
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 Suntec Tower One
Suntec Tower One 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.
The site is leasehold, with about 62 years remaining on the lease. It occupies roughly 116,620 sqm of land with about 487,129 sqm of gross floor area.
191 transactions have been recorded here, at a median of S$2,097 psf. The most recent was in July 2026.
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).
What is Suntec Tower One zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.1
- Urban design area
- Udga
- Central Area
- Yes
What has Suntec Tower One sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2026 | Office | S$10.17M | 3,498 sqft | $2,907 |
| Jul 2026 | Office | S$8.94M | 3,929 sqft | $2,275 |
| Jun 2026 | Office | S$10.31M | 4,295 sqft | $2,400 |
| Jul 2025 | Office | S$8.10M | 2,196 sqft | $3,689 |
| Jul 2025 | Office | S$33.97M | 10,097 sqft | $3,364 |
| Jun 2025 | Office | S$32.31M | 10,097 sqft | $3,200 |
| Apr 2025 | Office | S$12.34M | 3,789 sqft | $3,257 |
| Apr 2025 | Office | S$15.50M | 4,758 sqft | $3,257 |
| Apr 2025 | Office | S$12.16M | 3,735 sqft | $3,257 |
| Mar 2025 | Office | S$6.30M | 2,131 sqft | $2,956 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Suntec Tower One rent for?
Office space on Temasek Boulevard
Street level · 2026Q3S$ per sq ft per month · median +4.9% 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 Temasek Boulevard
Street level · 2026Q3S$ per sq ft per month · median +0.7% 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 Suntec Tower One
- 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
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 Suntec Tower One
Rent: between 6 Aug 2026 and 28 Aug 2026, 6 new listings appeared and 3 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, 1 new listing appeared and 2 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 Suntec Tower One?
- 22 Oct 2025ApprovedFloor 11Change 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
- 24 Apr 2023ApprovedFloor 9Change of use to office
Proposed change of use of unit #09-XX to office at suntec tower one
- 11 Nov 2019ApprovedAdditions & alterations
Proposed additions and alterations to 10th storey of suntec office tower 1
- 11 Jul 2018ApprovedFloor 19Additions & alterations
Proposed additions and alterations to 19th storey of suntec tower 1 on lot 00904x ts11 at unit #19-XX 7 temasek boulevard
- 5 Dec 2012ApprovedFloor 14Additions & alterations
Proposed additions and alterations to existing strata office unit #14-XX suntec city tower one
- 12 Aug 2010ApprovedFloors 20, 21Additions & alterations
Proposed additions and alterations to unit #20-XX & #21-XX of an existing building
- 12 Oct 2007ApprovedFloors 20, 21Additions & 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$54.50 per unit).
How does Temasek Boulevard price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Suntec Tower One?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 Suntec Tower One right now?
For sale (11)
- Suntec Tower OneS$39.90M · 11,732 sqft
- Suntec City TowerS$14.00M · 3,638 sqft
- Suntec City Tower2 agentsS$19.90M · 6,168 sqft
- Suntec City TowerS$8.00M · 2,142 sqft
For rent (22)
- Suntec Tower OneS$29k/mo · 2,800 sqft
- Suntec Tower OneS$18k/mo · 1,550 sqft
- Suntec Tower OneS$49k/mo · 3,800 sqft
- Suntec Tower OneS$49k/mo · 4,424 sqft
What is near Suntec Tower One?
Getting around
- Promenade MRT271 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Suntec Tower One
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 Tower One. 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 mrates not published as open data
- Backlane (Purvis St) (URA)326 m
- Liang Seah St (URA)371 mS$1.20 per half-hour at midday on a weekday · 45 car lots
- Purvis St (URA)372 mS$1.20 per half-hour at midday on a weekday · 43 car lots
- Millenia Singapore (development car park)376 mrates 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 Tower One's own car park, if it has one, and its charges are not in the open data.
Who's registered at Suntec Tower One?
- Professional, scientific and technical services745
- Wholesale and retail trade635
- Information and communications610
- Financial and insurance343
- Administrative and support services154
- Transportation and storage139
- Education100
- Manufacturing55
- Construction50
- Real estate48
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.
Frequently asked questions about Suntec Tower One
Where is Suntec Tower One?⌄
Suntec Tower One is at 7 Temasek Boulevard, Singapore 038987, in the Downtown Core planning area.
What is Suntec Tower One zoned as?⌄
Suntec Tower One sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.1.
What is the tenure of Suntec Tower One?⌄
Suntec Tower One is leasehold. About 62 years remain on the lease.
What have units at Suntec Tower One sold for?⌄
Across 191 recorded transactions, the median price is S$2,097 psf. The latest was in July 2026.
What is the nearest MRT station to Suntec Tower One?⌄
Promenade MRT is the closest, 271 m away (about a 4-minute walk).
How many businesses are registered at Suntec Tower One?⌄
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.
The facts are here — now get the verdict on Suntec Tower One.
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.