CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

The Arcade

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2026

Quick Summary

The Arcade is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 15.0. It is leasehold with roughly 52 years remaining. 68 transactions are on record since 1995, at a median S$3,692 psf, most recently in Jul 2026. 21 units are currently listed for sale or rent. ACRA records 976 live company registrations at this address.

The facts are here — now get the verdict on The Arcade.

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What are the key facts about The Arcade?

Key takeawayThe Arcade is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 15.0
Tenure: Leasehold
District / Area: District 1 · Downtown Core
Address: 11 Collyer Quay
Land area: 2,035 sqm
Completed: Not on record
Storeys: 20 (© OpenStreetMap contributors)
Strata units (MCST): 126
Managing agent: SAVILLS PROPERTY MANAGEMENT PTE LTD
Strata formed: 1983 (MCST 0689)
Submarket: Raffles Place
Units with a recorded sale: At least 47
Listed as: Office, Shop / Shophouse, Food & Beverage
Transactions on record: 68 (records start 1995)
Live listings: 21
ACRA registrations: 976

About The Arcade

The Arcade is a commercial building in Downtown Core (District 01). It is located along Collyer Quay, Singapore 049317.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.

The site is leasehold, with about 52 years remaining on the lease. It occupies roughly 2,035 sqm of land with about 30,531 sqm of gross floor area.

68 transactions have been recorded here, at a median of S$3,692 psf. The most recent was in July 2026.

1,179 businesses are currently registered at this address with ACRA.

The nearest MRT is Raffles Place MRT, 87 m away (about a 1-minute walk). The closest bus stop (OUE Bayfront) is 136 m away (about a 2-minute walk).

What is The Arcade zoned as?

Key takeawayThe Arcade sits on land zoned COMMERCIAL with a gross plot ratio of 15.0, inside the Central Area.

Land-use zone: COMMERCIAL
Gross plot ratio: 15.0
Urban design area: Udga
Central Area: Yes

BCA-verified envelope: allowable GFA 30,525 sqm · built 19,928 sqm · headroom 10,597 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 The Arcade sold for?

Key takeawayAcross 68 recorded transactions since 1995, the median price is about S$1.52M, most recently in Jul 2026.

Date	Use	Price	Area	PSF
Jul 2026	Retail	S$1.70M	366 sqft	$4,645
Sept 2025	Retail	S$1.13M	280 sqft	$4,038
Jul 2025	Office	S$3.75M	1,604 sqft	$2,338
Nov 2024	Retail	S$5.89M	2,357 sqft	$2,500
Sept 2024	Retail	S$2.80M	506 sqft	$5,535
Mar 2024	Retail	S$1.13M	161 sqft	$6,999
Sept 2023	Office	S$8.80M	2,196 sqft	$4,008
Jun 2021	Retail	S$825k	65 sqft	$12,774
Feb 2021	Office	S$2.07M	1,055 sqft	$1,962
Feb 2021	Retail	S$1.33M	344 sqft	$3,850

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 The Arcade rent for?

Key takeawayNo rent is published for The Arcade itself. On its street, Collyer Quay, office space rented at a median of $11.00 psf a month in 2026Q3, with the middle half of leases between $9.80 and $13.30. That is not this building's own rent, and never a quote for a particular unit.

Office space on Collyer Quay

Street level · 2026Q3

25th pct

$9.80

$105.49 psm

Median

$11.00

$118.40 psm

75th pct

$13.30

$143.16 psm

S$ per sq ft per month · median -10.5% on a year earlier

2023Q4 · $130.79 psm2026Q3 · $118.40 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 Collyer Quay

Street level · 2026Q3

25th pct

$10.09

$108.62 psm

Median

$15.73

$169.33 psm

75th pct

$19.68

$211.82 psm

S$ per sq ft per month · median +16% on a year earlier

2023Q4 · $191.60 psm2026Q3 · $169.33 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 The Arcade

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

CBRE, 2Q 2026

Prime office: Capital value S$3,200 psf · Net yield 3.7%
Core CBD (Grade A): Rent S$12.50 psf/mth · Vacancy 3.3%
Core CBD (Grade B): Rent S$9.15 psf/mth
Core CBD: Rent S$9.40 psf/mth · Vacancy 4.5%

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m 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.

How fast units move at The Arcade

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 12 units for rent; 9 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 2 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, 2 new listings 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 The Arcade?

Key takeawayURA has approved 9 changes of use at The Arcade 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.

17 Jul 2025ApprovedFloor 1
Change of use to restaurant
Proposed change of use of unit #01-XX to restaurant at 11 collyer quay - the arcade
5 May 2025ApprovedFloor 3
Change of use to massage establishment
Proposed change of use of unit #03-XX to massage establishment at the arcade
21 Jun 2024Agency worksFloor 7
Change of use to commercial school
Lodgment for proposed use of unit #07-XX as commercial school
5 Jan 2024Agency worksFloor 18
Change of use to commercial school
Lodgment for proposed use of unit #18-XX as commercial school
14 Aug 2023Agency worksFloor 18
Change of use to commercial school
Lodgment for proposed use of units #18-XX, #18-XX, #18-XX and #18-XX as commercial school
5 May 2021Agency worksFloor 7
Change of use to commercial school
Lodgment for proposed use of unit #07-XX as commercial school
5 Apr 2021Agency worksFloor 20
Change of use to sports & recreation building
Lodgment for proposed use of unit #20-XX as sports & recreation building
7 Apr 2015Agency worksFloor 1
Change of use to restaurant
Lodgment for proposed use of unit #01-XX as restaurant at 11 collyer quay - the arcade
28 Jul 2000ApprovedFloor 1
Change of use to eating house
Proposed use of unit #01-XX as eating house

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 Collyer Quay price?

Strata sales on the street (5y)

Too few strata sales on this street to support a median — the count is shown without one.

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

What do commercial rents run near The Arcade?

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 available at The Arcade right now?

Key takeaway21 units are currently listed at The Arcade — 9 for sale and 12 for rent. One row per unit; several agents often market the same unit.

For sale (9)

The ArcadeS$4.68M · 400 sqft
The ArcadeS$27.00M · 8,029 sqft
The ArcadeS$2.25M · 291 sqft
The ArcadeS$3.80M · 409 sqft

For rent (12)

The ArcadeS$10k/mo · 1,561 sqft
The ArcadeS$7k/mo · 1,050 sqft
The ArcadeS$3k/mo · 315 sqft
The ArcadeS$3k/mo · 363 sqft

Browse every listing at this building →

What is near The Arcade?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 87 m away — and 3 competing retail premisess operate nearby.

Getting around

Raffles Place MRT87 m · ~1 min

Amenities nearby

Shenton Medical Group (Arcade) · 28 mRaffles Place MRT Exit C · 55 mRaffles Place Pk · 62 mOUE Bayfront · 136 mHotel · 214 mPlace Of Worship · 283 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

One Raffles Place · 136 mMarket Street Hawker Centre · 230 mAl Marche Pte Ltd · 324 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at The Arcade

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 55 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 7 public car parks are within 500 m.

Foot traffic: busier than 88% of office buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 55 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 7, about 17,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 7,666 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

Raffles Place (EW14 / NS26)55 m · about 133,000 weekday taps
Telok Ayer (DT18)386 m · about 37,000 weekday taps
Downtown (DT17)427 m · about 51,000 weekday taps
Shenton Way (TE19)673 m · about 32,000 weekday taps
Chinatown (NE4 / DT19)737 m · about 97,000 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 The Arcade. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 17,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Backlane (Cecil St - M Arket St) (URA)180 m
Backlane (Synagogue St - Church St) (URA)344 m
Backlane (Lor Telok - Circular Rd) (URA)432 m
Circular Rd (URA)451 m
S$1.20 per half-hour at midday on a weekday · 34 car lots
Backlane (Synagogue St ) (URA)461 m

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.6 km away, S$80/month.

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

Who's registered at The Arcade?

Key takeaway976 live companies (and LLPs and branches; sole proprietors are not counted) list The Arcade as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
240
Professional, scientific and technical services
197
Wholesale and retail trade
187
Information and communications
125
Transportation and storage
76
Administrative and support services
28
Construction
22
Real estate
21
Accommodation and food services
20
Manufacturing
18

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 The Arcade's BCA building profile?

BCA building type: Office
Green Mark: NA (NA)
Energy use intensity: 227 kWh/m²·yr

Frequently asked questions about The Arcade

Where is The Arcade?⌄

The Arcade is at 11 Collyer Quay, Singapore 049317, in the Downtown Core planning area.

What is The Arcade zoned as?⌄

The Arcade sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.

What is the tenure of The Arcade?⌄

The Arcade is leasehold. About 52 years remain on the lease.

What have units at The Arcade sold for?⌄

Across 68 recorded transactions, the median price is S$3,692 psf. The latest was in July 2026.

What is the nearest MRT station to The Arcade?⌄

Raffles Place MRT is the closest, 87 m away (about a 1-minute walk).

How many businesses are registered at The Arcade?⌄

1,179 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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Read the figures right

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

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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 BCA's MCST register, 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.