CommercialCOMMERCIALFreeholdDistrict 1 · Downtown Core

The Octagon

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

The Octagon is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 11.2. It is freehold. 37 transactions are on record since 1995, most recently in Apr 2024. 22 units are currently listed for sale or rent. ACRA records 2,047 live company registrations at this address.

1

What are the key facts about The Octagon?

Key takeawayThe Octagon is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
11.2
Tenure
Freehold
District / Area
District 1 · Downtown Core
Address
105 Cecil Street
Land area
839 sqm
Transactions on record
37 (records start 1995)
Live listings
22
ACRA registrations
2,047
2

About The Octagon

The Octagon is a commercial building in Downtown Core (District 01). It is located along Cecil Street, Singapore 069534.

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

The site is freehold. It occupies roughly 839 sqm of land with about 9,394 sqm of gross floor area.

37 transactions have been recorded here, at a median of S$1,800 psf. The most recent was in April 2024.

2,047 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 183 m away (about a 3-minute walk). The closest bus stop (80 Robinson Rd) is 71 m away (about a 1-minute walk). Republic Plaza is 364 m away (about a 6-minute walk).

3

What is The Octagon zoned as?

Key takeawayThe Octagon sits on land zoned COMMERCIAL with a gross plot ratio of 11.2, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
11.2
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 9,397 sqm · built 16,222 sqm · headroom -6,825 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 Octagon sold for?

Key takeawayAcross 37 recorded transactions since 1995, the median price is about S$5.70M, most recently in Apr 2024.
DateUsePriceAreaPSF
Apr 2024OfficeS$3.95M1,302 sqft$3,033
Sept 2021OfficeS$15.47M6,189 sqft$2,500
Jul 2021OfficeS$15.47M6,189 sqft$2,500
Jan 2019OfficeS$45.49M18,568 sqft$2,450
Nov 2018OfficeS$9.42M3,843 sqft$2,450
Oct 2018OfficeS$5.62M2,293 sqft$2,450
May 2018OfficeS$30.33M12,379 sqft$2,450
Aug 2017OfficeS$2.87M1,302 sqft$2,204
Nov 2016OfficeS$14.20M6,189 sqft$2,294
Sept 2016OfficeS$13.50M6,189 sqft$2,181

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 Cecil Street price?

Key takeawayAcross 112 strata sales on Cecil Street in the last 5 years, the median is $3,451 psf.
Strata sales on the street (5y)
112
Street median PSF (strata)
$3,451

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

6

What do commercial rents run near The Octagon?

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 The Octagon right now?

Key takeaway22 units are currently listed at The Octagon5 for sale and 17 for rent. One row per unit; several agents often market the same unit.

For sale (5)

  • The Octagon2 agentsS$7.50M · 2,443 sqft
  • The Octagon3 agentsS$18.30M · 6,189 sqft
  • The OctagonS$11.60M · 3,843 sqft
  • The Octagon2 agentsS$6.62M · 2,293 sqft

For rent (17)

  • The Octagon2 agentsS$9k/mo · 1,346 sqft
  • The Octagon2 agentsS$17k/mo · 2,443 sqft
  • The OctagonS$2k/mo · 170 sqft
  • The Octagon2 agentsS$31k/mo · 3,843 sqft

Browse every listing at this building →

8

What is near The Octagon?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 183 m away.

Getting around

Amenities nearby

RafflesMedical (Robinson) · 54 mHotel · 71 m80 Robinson Rd · 71 mTelok Ayer MRT Exit A · 171 mPlace Of Worship · 173 mTelok Ayer Green · 202 mAp House Pte. Ltd. · 311 mAmoy Street Food Centre · 358 mRepublic Plaza · 364 mKreta Ayer Community Club · 691 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at The Octagon?

Key takeawayACRA records 2,047 live company registrations at this address, 875 of them in the last three years.
Live registrations
2,047
Registered last 3 years
875
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

What is The Octagon's BCA building profile?

BCA building type
Office
Green Mark
Certified (2016)
Energy use intensity
113 kWh/m²·yr
11

Frequently asked questions about The Octagon

Where is The Octagon?

The Octagon is at 105 Cecil Street, Singapore 069534, in the Downtown Core planning area.

What is The Octagon zoned as?

The Octagon sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 11.2.

What is the tenure of The Octagon?

The Octagon is freehold.

What have units at The Octagon sold for?

Across 37 recorded transactions, the median price is S$1,800 psf. The latest was in April 2024.

What is the nearest MRT station to The Octagon?

Telok Ayer MRT is the closest, 183 m away (about a 3-minute walk).

How many businesses are registered at The Octagon?

2,047 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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