CommercialWHITELeaseholdDistrict 1 · Singapore River

The Central

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2026
Quick Summary

The Central is a commercial building in District 1 · Singapore River, on land zoned WHITE under the URA Master Plan with a gross plot ratio of 5.6. It is leasehold with roughly 74 years remaining. 144 transactions are on record since 1995, at a median S$1,528 psf, most recently in Sept 2026. 115 units are currently listed for sale or rent. ACRA records 122 live company registrations at this address.

1

What are the key facts about The Central?

Key takeawayThe Central is a commercial building in District 1 · Singapore River, zoned WHITE, held leasehold.
Asset class
Commercial
Land-use zone
WHITE
Gross plot ratio
5.6
Tenure
Leasehold
District / Area
District 1 · Singapore River
Address
12 Eu Tong Sen Street
Land area
—
Completed
Not on record
Storeys
25 (© OpenStreetMap contributors)
Strata lots (whole development, MCST)
791
Managing agent
CBRE PTE LTD
Strata formed
2009 (MCST 3515)
Submarket
City Fringe
Units with a recorded sale
At least 58
Transactions on record
144 (records start 1995)
Live listings
115
ACRA registrations
122
2

About The Central

The Central is a mixed-use building in Singapore River (District 01). It is located along Eu Tong Sen Street, Singapore 059819.

Under the URA Master Plan it sits on land zoned white with a gross plot ratio of 5.6. It lies inside the Central Area.

The site is leasehold, with about 74 years remaining on the lease.

143 transactions have been recorded here, at a median of S$1,512 psf. The most recent was in May 2026.

139 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 50 m away (about a 1-minute walk). The closest bus stop (Clarke Quay Stn Exit E) is 62 m away (about a 1-minute walk).

3

What is The Central zoned as?

Key takeawayThe Central sits on land zoned WHITE with a gross plot ratio of 5.6, inside the Central Area.
Land-use zone
WHITE
Gross plot ratio
5.6
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: built 66,474 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 →

4

What has The Central sold for?

Key takeawayAcross 144 recorded transactions since 1995, the median price is about S$1.01M, most recently in Sept 2026.
DateUsePriceAreaPSF
Sept 2026OfficeS$3.88M1,378 sqft$2,812
May 2026OfficeS$1.78M635 sqft$2,803
Apr 2026OfficeS$1.91M624 sqft$3,056
Apr 2026RetailS$1.50M635 sqft$2,362
Feb 2025RetailS$1.48M635 sqft$2,330
Jan 2025OfficeS$1.88M624 sqft$3,011
Mar 2024OfficeS$1.46M635 sqft$2,299
Nov 2023OfficeS$1.50M635 sqft$2,362
Jun 2023OfficeS$1.48M635 sqft$2,330
Oct 2022OfficeS$1.40M635 sqft$2,204

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

5

What does space at The Central rent for?

Key takeawayNo rent is published for The Central itself. On its street, Eu Tong Sen Street, office space rented at a median of $7.61 psf a month in 2026Q3, with the middle half of leases between $7.28 and $9.94. That is not this building's own rent, and never a quote for a particular unit.

Office space on Eu Tong Sen Street

Street level · 2026Q3
25th pct
$7.28
$78.41 psm
Median
$7.61
$81.90 psm
75th pct
$9.94
$106.94 psm

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

2023Q4 · $79.78 psm2026Q3 · $81.90 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 Eu Tong Sen Street

Street level · 2026Q3
25th pct
$8.30
$89.36 psm
Median
$11.05
$118.95 psm
75th pct
$14.55
$156.62 psm

S$ per sq ft per month · median +32.3% on a year earlier

2023Q4 · $88.35 psm2026Q3 · $118.95 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 The Central

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.

7

How fast units move at The Central

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 53 units for rent; 62 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 10 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, 7 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 The Central?

Key takeawayURA has approved 6 changes of use at The Central 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. 27 Feb 2025ApprovedFloor 6
    Change of use to beauty salon

    Proposed change of use of #06-XX (the central) to beauty salon

  2. 26 Sept 2023ApprovedFloor 7
    Change of use to massage establishment

    Proposed change of use of unit #07-XX to massage establishment

  3. 25 Nov 2021ApprovedFloor 8
    Change of use to shop

    Proposed change of use of unit #08-XX to shop

  4. 23 Dec 2020ApprovedFloor 6
    Change of use to medical clinic

    Proposed change of use of unit #06-XX to medical clinic - the central

  5. 4 Aug 2015ApprovedFloor 7
    Change of use: office → physiotherapy services

    Proposed change of use of unit #07-XX from office to physiotherapy services on lot 00278x ts07 at 12 eu tong sen street - the central (singapore river planning area)

  6. 8 May 2012ApprovedFloor 5
    Change of use to health centre

    Change of use of part of the unit #05-XX to health centre at the central

  7. 9 Apr 2009Approved
    Additions & alterations

    Proposed amendment to approved additions and alterations to the central (basement to 4th storey

  8. 20 Aug 2008Approved
    Additions & alterations

    Proposed additions and alterations at basement to 5th storey of the central (shopping centre

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 Eu Tong Sen Street price?

Key takeawayAcross 102 strata sales on Eu Tong Sen Street in the last 5 years, the median is $2,787 psf.
Strata sales on the street (5y)
102
Street median PSF (strata)
$2,787

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

10

What do commercial rents run near The Central?

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 The Central right now?

Key takeaway115 units are currently listed at The Central — 62 for sale and 53 for rent. One row per unit; several agents often market the same unit.

For sale (62)

  • The CentralS$1.68M · 624 sqft
  • The CentralS$1.59M · 624 sqft
  • The CentralS$1.75M · 614 sqft
  • The CentralS$2.57M · 872 sqft

For rent (53)

  • The Central2 agentsS$12k/mo · 1,216 sqft
  • The CentralS$6k/mo · 900 sqft
  • The CentralS$10k/mo · 1,141 sqft
  • The CentralS$5k/mo · 646 sqft

Browse every listing at this building →

12

What is near The Central?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 50 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Jade Medical Clinic · 18 mClarke Quay MRT Exit G · 40 mHotel · 59 mClarke Quay Stn Exit E · 62 mPlace Of Worship · 252 mHong Lim Pk · 284 mEducational Institution · 610 mKreta Ayer Community Club · 935 mSingapore General Hospital · 1.4 km

Competing premises nearby

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

Clarke Quay Central · 0 mHong Lim Market & Food Centre · 402 mCold Storage Singapore (1983) Pte Ltd · 448 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at The Central

Key takeawayThe nearest station is Clarke Quay (NE5), 40 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 18 public car parks are within 500 m.
Foot traffic: busier than 74% of retail buildings

nearest MRT/LRT Clarke Quay (NE5) 40 m, about 31,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 13, about 21,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 13,000 residents within 1 km (June 2026); 11 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

  • Clarke Quay (NE5)40 m · about 31,000 weekday taps
  • Fort Canning (DT20)475 m · about 14,000 weekday taps
  • Chinatown (NE4 / DT19)484 m · about 97,000 weekday taps
  • Raffles Place (EW14 / NS26)690 m · about 133,000 weekday taps
  • Telok Ayer (DT18)691 m · about 37,000 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 Central. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Carpenter - Upp Circular Rd) (URA)133 m
  • Carpenter St (URA)161 m
    S$1.20 per half-hour at midday on a weekday · 35 car lots
  • Hong Kong St (URA)174 m
    S$1.20 per half-hour at midday on a weekday · 32 car lots
  • Upp Circular Rd (URA)177 m
    S$1.20 per half-hour at midday on a weekday · 22 car lots
  • Carpenter St Off St (URA)191 m
    S$1.50 per half-hour at midday on a weekday · 69 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 776 m away, S$80/month.

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

14

Who's registered at The Central?

Key takeaway122 live companies (and LLPs and branches; sole proprietors are not counted) list The Central as their registered address. These are registered businesses, not who occupies the space.
  • Professional, scientific and technical services
    34
  • Information and communications
    29
  • Wholesale and retail trade
    18
  • Financial and insurance
    18
  • Administrative and support services
    4
  • Health and social services
    4
  • Real estate
    4
  • Other services
    3
  • Manufacturing
    3
  • Education
    2

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

What is The Central's BCA building profile?

BCA building type
Mixed Development
Green Mark
NA (NA)
Energy use intensity
327 kWh/m²·yr
16

Frequently asked questions about The Central

Where is The Central?⌄

The Central is at 12 Eu Tong Sen Street, Singapore 059819, in the Singapore River planning area.

What is The Central zoned as?⌄

The Central sits on land zoned white under the URA Master Plan, with a gross plot ratio of 5.6.

What is the tenure of The Central?⌄

The Central is leasehold. About 74 years remain on the lease.

What have units at The Central sold for?⌄

Across 143 recorded transactions, the median price is S$1,512 psf. The latest was in May 2026.

What is the nearest MRT station to The Central?⌄

Clarke Quay MRT is the closest, 50 m away (about a 1-minute walk).

How many businesses are registered at The Central?⌄

139 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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This development is also registered as the residential project The Central.