CommercialCOMMERCIALDistrict 5 · Queenstown

The Metropolis

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

The Metropolis is a commercial building in District 5 · Queenstown, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 6.3. 11 units are currently listed for rent. ACRA records 188 live company registrations at this address.

1

What are the key facts about The Metropolis?

Key takeawayThe Metropolis is a commercial building in District 5 · Queenstown, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
6.3
Tenure
Not on record
District / Area
District 5 · Queenstown
Address
9 North Buona Vista Drive
Land area
17,725 sqm
Completed
2013 (per EdgeProp)
Storeys
Not on record
Owner
Ho Bee Land (SGX filings)
Estate (JTC)
One-North
Submarket
one-north
Listed as
Office
Transactions on record
None recorded
Live listings
11
ACRA registrations
188

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.

2

Who owns The Metropolis, and what is it valued at?

Key takeawayThe Metropolis is owned by Ho Bee Land, listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
The Metropolis, 9 & 11 North Buona Vista Drive
Valued at S$2,213 million as at 31 Dec 2025, by Savills Valuation and Professional Services (S) Pte Ltd.
The Metropolis 9 & 11 North Buona Vista Drive
Valued at S$2,155 million as at 31 Dec 2022, by Savills Valuation and Professional Services (S) Pte Ltd.

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.

3

About The Metropolis

The Metropolis is a commercial building in Queenstown (District 05). It is located along North Buona Vista Drive, Singapore 138588.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 6.3.

It occupies roughly 17,725 sqm of land with about 115,363 sqm of gross floor area.

201 businesses are currently registered at this address with ACRA.

The nearest MRT is Buona Vista MRT, 59 m away (about a 1-minute walk). The closest bus stop (Buona Vista Stn Exit D) is 34 m away (about a 0-minute walk). The Star Vista is 304 m away (about a 5-minute walk).

4

What is The Metropolis zoned as?

Key takeawayThe Metropolis sits on land zoned COMMERCIAL with a gross plot ratio of 6.3.
Land-use zone
COMMERCIAL
Gross plot ratio
6.3
Urban design area
One North Ud Area
BCA-verified envelope: allowable GFA 111,668 sqm · built 100,096 sqm · headroom 11,572 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 →

5

What does space at The Metropolis rent for?

Key takeawayNo rent is published for The Metropolis itself. On its street, North Buona Vista Drive, retail space rented at a median of $9.41 psf a month in 2026Q1. That is not this building's own rent, and never a quote for a particular unit.

Retail space on North Buona Vista Drive

Street level · 2026Q1
25th pct
—
— psm
Median
$9.41
$101.24 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2021Q4 · $106.72 psm2026Q1 · $101.24 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).

Office space on North Buona Vista Drive

Street level · 2026Q3
25th pct
—
— psm
Median
$8.70
$93.63 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2021Q3 · $83.96 psm2026Q3 · $93.63 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 5 retail

Region band · 2026Q3
25th pct
$7.45
$80.17 psm
Median
$11.04
$118.89 psm
75th pct
$15.35
$165.18 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 5 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 Metropolis

Key takeawayFlexible workspace: JustCo lists a centre here, per the operator's public location list (10 Oct 2026).Brokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Decentralised: Vacancy 3.6%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban (all grades): Rent S$6.48 psf/mth · Vacancy 2.8% · Planned / under construction 0.46m 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.

7

How fast units move at The Metropolis

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 11 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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 Metropolis?

Key takeawayURA has approved 3 changes of use at The Metropolis since 2000, most recently in 2026. 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. 14 Jan 2026ApprovedFloor 1
    Change of use to restaurant with live entertainment

    Proposed change of use of units #01-XX & #01-XX to restaurant with live entertainment at the metropolis

  2. 27 Jan 2023ApprovedFloor 1
    Change of use to clinic

    Proposed change of use of unit #01-XX to clinic at the metropolis

  3. 1 Dec 2021ApprovedFloors 2, 3
    Additions & alterations

    Proposed addition of internal staircase to existing units #02-XX & #03-XX on 2nd storey & 3rd storey of metropolis tower 1

  4. 16 Jun 2021Approved
    Additions & alterations

    Proposed amendment to approved additions & alterations to basement 1 to 3 and 1st to 3rd storey (tower 1) of existing 21/23-storey metropolis building

  5. 8 Jan 2021Approved
    Additions & alterations

    Proposed amendment to approved additions & alterations to basement 1 to 3 and 1st to 3rd storey (tower 1) of existing 21/23-storey metropolis building

  6. 9 Jan 2020Approved
    Additions & alterations

    Proposed additions & alterations to basement 1 to 3 and 1st to 3rd storey (tower 1) of existing 21/23-storey metropolis building

  7. 3 Apr 2019Approved
    Additions & alterations

    Proposed additions & alterations to existing 21/23-storey metropolis building involving addition of takeaway food shop on 1st storey

  8. 7 Jul 2014Approved
    Additions & alterations

    Proposed additions and alteration works involving erection of a new internal staircase to existing unit on level 20 and 21 on lot 04761a mk 03 at no 9 north buona vista drive the metropolis 2 singapore 138588

  9. 28 Jan 2014ApprovedFloor 1
    Change of use: restaurant → office cum training area

    Proposed change of use of units #01-XX & #01-XX from restaurant to office cum training area (central depository services) at 9 north buona vista drive

  10. 20 Dec 2013Approved
    Additions & alterations

    Proposed additions and alterations to 5th, 6th, 7th storey of the existing metropolis tower 2 on lot 04761a mk 03 at 9 north buona vista drive, singapore 138589 for m/s singapore exchange limited

  11. 13 Sept 2013Approved
    Additions & alterations

    Proposed additions and alterations to existing unit at 21st, 22nd and 23rd storey of the metropolis, tower 1 on lot mk03-04761a at 9 north buona vista drive for m/s modec offshore production system (singapore) pte ld

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

What do commercial rents run near The Metropolis?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 5 retail

Gross yield (area)
5.9%
5.3% net of property tax
Rent side (median of bands)
$118.89 psm/mo
2026Q3
Price side (strata, 5y)
$2,263 psf
32 sales

An INDICATIVE AREA yield for District 5 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 5 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$50.00$57.14$376.27
Level 1 · 30 & Below$56.83$66.67$120.03
Level 2 & 3 · >30 - 100$90.07$125.08$160.38
Level 1 · >30 - 100$70.27$112.69$126.27
Level 1 · >100 - 300$108.14$129.44$203.65
Level 2 & 3 · >100 - 300$116.31$143.20$169.97

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.

10

What is available at The Metropolis right now?

Key takeaway11 units are currently listed at The Metropolis. One row per unit; several agents often market the same unit.

For rent (11)

  • The MetropolisS$38k/mo · 4,166 sqft
  • The Metropolis4 agentsS$92k/mo · 10,021 sqft
  • The Metropolis3 agentsS$255k/mo · 27,739 sqft
  • The Metropolis2 agentsS$155k/mo · 16,824 sqft

Browse every listing at this building →

11

What is near The Metropolis?

Key takeawayThe nearest MRT/LRT is Buona Vista MRT, about 59 m away.

Getting around

Amenities nearby

Parkway Shenton Medical Clinic, The Metropolis · 15 mBuona Vista MRT Exit D · 26 mBuona Vista Stn Exit D · 34 mBusiness Park · 103 mOne-North Park · 246 mEducational Institution · 262 mBlk 44 Holland Drive · 267 mThe Star Vista · 304 mCold Storage Singapore (1983) Pte Ltd · 304 mBuona Vista Community Club · 356 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at The Metropolis

Key takeawayThe nearest station is Buona Vista (EW21 / CC22), 25 m away — a busy station, with about 64,000 taps in and out on an average weekday. 7 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 43% of office buildings

nearest MRT/LRT Buona Vista (EW21/CC22) 25 m, about 64,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 13, about 35,000 taps a weekday; Queenstown: 131,782 resident workers (Census 2020, by workplace); about 36,000 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

  • Buona Vista (EW21 / CC22)25 m · about 64,000 weekday taps
  • Holland Village (CC21)705 m · about 22,000 weekday taps
  • one-north (CC23)757 m · about 35,000 weekday taps
  • Commonwealth (EW20)861 m · about 29,000 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 Metropolis. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 35,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • North Buona Vista Road (HDB)232 m
    S$0.60 per half-hour at midday on a weekday · 136 car lots
  • Blk 43 Holland Drive (HDB)259 m
    S$0.60 per half-hour at midday on a weekday · gantry 9.99 m · 97 car lots
  • Blk 45/46/47 Holland Drive (HDB)298 m
    S$0.60 per half-hour at midday on a weekday · gantry 9.99 m · 31 car lots
  • Blk 10A Holland Drive (HDB)357 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 509 car lots
  • Tanglin Halt Close (URA)429 m
    S$0.60 per half-hour at midday on a weekday · season S$90/month · 36 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

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

13

Who's registered at The Metropolis?

Key takeaway188 live companies (and LLPs and branches; sole proprietors are not counted) list The Metropolis as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    44
  • Professional, scientific and technical services
    34
  • Wholesale and retail trade
    26
  • Information and communications
    23
  • Transportation and storage
    15
  • Real estate
    11
  • Manufacturing
    10
  • Administrative and support services
    10
  • Health and social services
    4
  • Accommodation and food services
    3

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.

14

What is The Metropolis's BCA building profile?

BCA building type
Office
Green Mark
Platinum (2013)
Energy use intensity
207 kWh/m²·yr
15

Frequently asked questions about The Metropolis

Where is The Metropolis?⌄

The Metropolis is at 9 North Buona Vista Drive, Singapore 138588, in the Queenstown planning area.

What is The Metropolis zoned as?⌄

The Metropolis sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 6.3.

Have there been any recorded transactions at The Metropolis?⌄

No caveats have been lodged for The Metropolis 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 Metropolis?⌄

Buona Vista MRT is the closest, 59 m away (about a 1-minute walk).

How many businesses are registered at The Metropolis?⌄

201 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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