CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 1 · Downtown Core

The Clift

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

The Clift is a commercial building in District 1 · Downtown Core, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 11.2. 1 unit is currently listed for rent. ACRA records 22 live company registrations at this address.

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

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What are the key facts about The Clift?

Key takeawayThe Clift is a commercial building in District 1 · Downtown Core, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.

Asset class: Commercial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 11.2
Tenure: Not on record
District / Area: District 1 · Downtown Core
Address: 21 Mccallum Street
Land area: 1,819 sqm
Completed: 2011 (per EdgeProp)
Storeys: 43 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 317
Managing agent: EDMUND TIE & COMPANY PROPERTY MANAGEMENT SERVICES PTE LTD
Strata formed: 2012 (MCST 3764)
Submarket: Shenton Way / Tanjong Pagar
Transactions on record: None recorded
Live listings: 1
ACRA registrations: 22

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.

About The Clift

The Clift is a mixed-use building in Downtown Core (District 01). It is located along Mccallum Street, Singapore 069047.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 11.2. It lies inside the Central Area.

It occupies roughly 1,819 sqm of land with about 20,377 sqm of gross floor area.

35 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 331 m away (about a 5-minute walk). The closest bus stop (Aft Telok Ayer St) is 72 m away (about a 1-minute walk). Cross Street Exchange is 465 m away (about a 7-minute walk).

What is The Clift zoned as?

Key takeawayThe Clift sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 11.2, inside the Central Area.

Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 11.2
Urban design area: Udga
Central Area: Yes

Run the full zoning report for this building →

What does space at The Clift rent for?

Key takeawayNo rent is published for The Clift itself. On its street, Mccallum Street, office space rented at a median of $8.35 psf a month in 2025Q4, with the middle half of leases between $8.30 and $8.50. That is not this building's own rent, and never a quote for a particular unit.

Office space on Mccallum Street

Street level · 2025Q4

25th pct

$8.30

$89.33 psm

Median

$8.35

$89.88 psm

75th pct

$8.50

$91.50 psm

S$ per sq ft per month

2021Q3 · $76.54 psm2025Q4 · $89.88 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 — 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 Clift

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.

How fast units move at The Clift

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: 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.

What's been approved at The Clift?

Key takeawayURA has approved 3 changes of use at The Clift since 2000, most recently in 2023, and refused 1. 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.

18 Aug 2023ApprovedFloor 1
Change of use to restaurant
Proposed change of use unit #01-XX and #01-XX to restaurant at the clift
2 Jul 2018RefusedFloor 1
Change of use: restaurant → bar/pub with live performances
Proposed change of use of units #01-XX, #01-XX, #01-XX & #01-XX from restaurant to bar/pub with live performances at the clift
11 Jun 2018RenewedFloor 1
Continued use as outdoor refreshment area
Continued use of the 1st storey covered walkway fronting restaurant units #01-XX & #01-XX as outdoor refreshment area (ora) at 21 mccallum street
12 Jun 2017RenewedFloor 1
Continued use as outdoor refreshment area
Continued use of the 1st storey covered walkway fronting restaurant units #01-XX & #01-XX as outdoor refreshment area (ora) at 21 mccallum street
16 Jun 2016RenewedFloor 1
Change of use
Continued use of outdoor refreshment area (ora) on the covered walkway for the restaurant units #01-XX & #01-XX
30 May 2016RenewedFloor 1
Continued use as outdoor refreshment area
Continued use of the 1st storey covered walkway fronting restaurant units #01-XX & #01-XX as outdoor refreshment area (ora) at 21 mccallum street
29 May 2015RenewedFloor 1
Change of use
Continued use of outdoor refreshment area (ora) on the covered walkway for the restaurant units #01-XX & #01-XX at 21 mccallum street
29 May 2015RenewedFloor 1
Continued use as outdoor refreshment area
Continued use of the 1st storey covered walkway fronting restaurant units #01-XX & #01-XX as outdoor refreshment area (ora) at 21 mccallum street
11 Jun 2014ApprovedFloor 1
Change of use
Retention of outdoor refreshment area (ora) on the covered walkway for the restaurant units #01-XX & #01-XX at 21 mccallum street
11 Jun 2014ApprovedFloor 1
Change of use to outdoor refreshment area
Change of use of part of the 1st storey covered walkway fronting restaurant units #01-XX & #01-XX to outdoor refreshment area (ora) at 21 mccallum street

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 Mccallum Street 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 Clift?

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 Clift right now?

Key takeaway1 unit is currently listed at The Clift. One row per unit; several agents often market the same unit.

For rent (1)

The CliftS$20k/mo · 1,259 sqft

Browse every listing at this building →

What is near The Clift?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 331 m away.

Getting around

Telok Ayer MRT331 m · ~5 min

Amenities nearby

Urban Medical Centre · 67 mAft Telok Ayer St · 72 mPlace Of Worship · 90 mAmoy Street Food Centre · 126 mTelok Ayer Pk · 154 mTanjong Pagar MRT Exit G · 184 mHotel · 248 mLotte Mart Pte. Ltd. · 402 mCross Street Exchange · 465 mKreta Ayer Community Club · 520 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at The Clift

Key takeawayThe nearest station is Tanjong Pagar (EW15), 184 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. 33 public car parks are within 500 m.

Foot traffic: busier than 86% of retail buildings

nearest MRT/LRT Tanjong Pagar (EW15) 184 m, about 85,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 9, about 18,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 18,000 residents within 1 km (June 2026); 6 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

Tanjong Pagar (EW15)184 m · about 85,000 weekday taps
Telok Ayer (DT18)306 m · about 37,000 weekday taps
Maxwell (TE18)319 m · about 23,000 weekday taps
Shenton Way (TE19)328 m · about 32,000 weekday taps
Raffles Place (EW14 / NS26)534 m · about 133,000 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 Clift. Transfers between lines don't tap, so interchanges read low.

Bus

9 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Mccallum St (URA)26 m
S$1.20 per half-hour at midday on a weekday · 11 car lots
Telok Ayer St (URA)33 m
S$1.20 per half-hour at midday on a weekday · 49 car lots
Backlane (Mccallum St) (URA)41 m
Stanley St (URA)139 m
S$1.20 per half-hour at midday on a weekday · 20 car lots
Amoy St Off St (URA)155 m
S$1.50 per half-hour at midday on a weekday · 16 car lots

Nearest URA season parking: Blair Road-Everton Roa D Area, 1.2 km away, S$80/month.

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

Who's registered at The Clift?

Key takeaway22 live companies (and LLPs and branches; sole proprietors are not counted) list The Clift as their registered address. These are registered businesses, not who occupies the space.

Accommodation and food services
9
Professional, scientific and technical services
4
Financial and insurance
3
Other services
2
Wholesale and retail trade
1
Information and communications
1
Administrative and support services
1
Arts, entertainment and recreation
1
Manufacturing
0
Construction
0

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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

Frequently asked questions about The Clift

Where is The Clift?⌄

The Clift is at 21 Mccallum Street, Singapore 069047, in the Downtown Core planning area.

What is The Clift zoned as?⌄

The Clift sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 11.2.

Have there been any recorded transactions at The Clift?⌄

No caveats have been lodged for The Clift 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 The Clift?⌄

Telok Ayer MRT is the closest, 331 m away (about a 5-minute walk).

How many businesses are registered at The Clift?⌄

35 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 Clift.

Read the figures right

Completion year: as EdgeProp states it, not checked against an official record. Sales records start in 1995, which says nothing about when a building was built.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

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 EdgeProp, 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.