CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Suntec Tower Two

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2024
Quick Summary

Suntec Tower Two 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. 92 transactions are on record since 1995, most recently in May 2024. 45 units are currently listed for sale or rent. ACRA records 1,289 live company registrations at this address.

1

What are the key facts about Suntec Tower Two?

Key takeawaySuntec Tower Two is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.1
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
9 Temasek Boulevard
Land area
116,620 sqm
Transactions on record
92 (records start 1995)
Live listings
45
ACRA registrations
1,289
2

About Suntec Tower Two

Suntec Tower Two is a commercial building in Downtown Core (District 01). It is located along Temasek Boulevard, Singapore 038989.

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.

92 transactions have been recorded here, at a median of S$2,290 psf. The most recent was in May 2024.

1,289 businesses are currently registered at this address with ACRA.

The nearest MRT is Promenade MRT, 235 m away (about a 4-minute walk). The closest bus stop (Suntec Twr Two) is 45 m away (about a 1-minute walk). Suntec City is 38 m away (about a 1-minute walk).

3

What is Suntec Tower Two zoned as?

Key takeawaySuntec Tower Two 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 →

4

What has Suntec Tower Two sold for?

Key takeawayAcross 92 recorded transactions since 1995, the median price is about S$10.32M, most recently in May 2024.
DateUsePriceAreaPSF
May 2024OfficeS$5.30M1,389 sqft$3,817
Dec 2023OfficeS$7.30M2,196 sqft$3,324
Nov 2023OfficeS$8.20M2,336 sqft$3,511
Jul 2023OfficeS$16.52M7,029 sqft$2,350
Jul 2023OfficeS$11.61M3,746 sqft$3,100
May 2023OfficeS$12.57M4,349 sqft$2,890
Mar 2023OfficeS$8.60M3,003 sqft$2,864
Dec 2022OfficeS$17.12M5,188 sqft$3,300
Aug 2022OfficeS$41.15M12,282 sqft$3,350
Aug 2022OfficeS$10.44M2,928 sqft$3,565

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 Temasek Boulevard price?

Key takeawayAcross 55 strata sales on Temasek Boulevard in the last 5 years, the median is $3,280 psf.
Strata sales on the street (5y)
55
Street median PSF (strata)
$3,280

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

6

What do commercial rents run near Suntec Tower Two?

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 Suntec Tower Two right now?

Key takeaway45 units are currently listed at Suntec Tower Two6 for sale and 39 for rent. One row per unit; several agents often market the same unit.

For sale (6)

  • Suntec City Tower3 agentsS$11.50M · 3,928 sqft
  • Suntec City TowerS$39.75M · 12,045 sqft
  • Suntec City TowerS$20.00M · 6,400 sqft
  • Suntec City TowerS$10.00M · 3,509 sqft

For rent (39)

  • Suntec City TowerS$49k/mo · 3,823 sqft
  • Suntec Tower 22 agentsS$28k/mo · 2,200 sqft
  • Suntec City Tower2 agentsS$11k/mo · 969 sqft
  • Suntec City TowerS$28k/mo · 2,443 sqft

Browse every listing at this building →

8

What is near Suntec Tower Two?

Key takeawayThe nearest MRT/LRT is Promenade MRT, about 235 m away.

Getting around

Amenities nearby

Suntec City · 38 mBethesda Medical Centre · 38 mCold Storage Singapore (1983) Pte Ltd · 38 mSuntec Twr Two · 45 mHotel · 179 mPromenade MRT Exit C · 218 mRaffles Hospital · 643 mPlace Of Worship · 667 mEducational Institution · 690 mAlbert Centre Market & Food Centre · 816 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Suntec Tower Two?

Key takeawayACRA records 1,289 live company registrations at this address, 464 of them in the last three years.
Live registrations
1,289
Registered last 3 years
464
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 Suntec Tower Two

Where is Suntec Tower Two?

Suntec Tower Two is at 9 Temasek Boulevard, Singapore 038989, in the Downtown Core planning area.

What is Suntec Tower Two zoned as?

Suntec Tower Two 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 Two?

Suntec Tower Two is leasehold. About 62 years remain on the lease.

What have units at Suntec Tower Two sold for?

Across 92 recorded transactions, the median price is S$2,290 psf. The latest was in May 2024.

What is the nearest MRT station to Suntec Tower Two?

Promenade MRT is the closest, 235 m away (about a 4-minute walk).

How many businesses are registered at Suntec Tower Two?

1,289 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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