CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 1 · Singapore River

The Riverside Piazza

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2025
Quick Summary

The Riverside Piazza is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is leasehold with roughly 65 years remaining. 35 transactions are on record since 1995, most recently in Aug 2025. 6 units are currently listed for sale or rent. ACRA records 363 live company registrations at this address.

1

What are the key facts about The Riverside Piazza?

Key takeawayThe Riverside Piazza is a commercial building in District 1 · Singapore River, zoned COMMERCIAL & RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
2.8
Tenure
Leasehold
District / Area
District 1 · Singapore River
Address
11 Keng Cheow Street
Land area
2,941 sqm
Transactions on record
35 (records start 1995)
Live listings
6
ACRA registrations
363
2

About The Riverside Piazza

The Riverside Piazza is a mixed-use building in Singapore River (District 01). It is located along Keng Cheow Street, Singapore 059608.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 2.8. It lies inside the Central Area.

The site is leasehold, with about 65 years remaining on the lease. It occupies roughly 2,941 sqm of land with about 8,234 sqm of gross floor area.

35 transactions have been recorded here, at a median of S$1,199 psf. The most recent was in August 2025.

363 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 289 m away (about a 4-minute walk). The closest bus stop (Ctrl Sq) is 110 m away (about a 2-minute walk).

3

What is The Riverside Piazza zoned as?

Key takeawayThe Riverside Piazza sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 2.8, inside the Central Area.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
2.8
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 8,235 sqm · built 3,263 sqm · headroom 4,972 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 Riverside Piazza sold for?

Key takeawayAcross 35 recorded transactions since 1995, the median price is about S$1.35M, most recently in Aug 2025.
DateUsePriceAreaPSF
Aug 2025OfficeS$1.35M829 sqft$1,629
Mar 2021OfficeS$2.42M1,561 sqft$1,551
Jun 2020RetailS$1.25M764 sqft$1,636
Jun 2020OfficeS$1.35M829 sqft$1,629
Mar 2018RetailS$2.06M1,421 sqft$1,450
Mar 2018RetailS$2.62M1,808 sqft$1,450
Jul 2017RetailS$1.15M657 sqft$1,751
Jun 2017OfficeS$1.78M1,475 sqft$1,207
Dec 2016OfficeS$2.18M1,561 sqft$1,397
Oct 2014RetailS$1.42M624 sqft$2,275

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 Keng Cheow Street price?

Strata sales on the street (5y)
1

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.

6

What do commercial rents run near The Riverside Piazza?

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 Riverside Piazza right now?

Key takeaway6 units are currently listed at The Riverside Piazza1 for sale and 5 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • The Riverside Piazza2 agentsS$6.00M · 3,584 sqft

For rent (5)

  • The Riverside Piazza2 agentsS$5k/mo · 753 sqft
  • The Riverside PiazzaS$7k/mo · 1,281 sqft
  • The Riverside PiazzaS$4k/mo · 764 sqft
  • Food Kiosk at Clarke QuayS$4k/mo · 322 sqft

Browse every listing at this building →

8

What is near The Riverside Piazza?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 289 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 42 mPlace Of Worship · 45 mCtrl Sq · 110 mClarke Quay MRT Exit B · 230 mHuan Clinic · 245 mHong Lim Pk · 421 mEducational Institution · 737 mKreta Ayer Community Club · 820 mSingapore General Hospital · 1.1 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 · 291 mSheng Siong Supermarket Pte Ltd · 310 mHong Lim Market & Food Centre · 414 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at The Riverside Piazza?

Key takeawayACRA records 363 live company registrations at this address, 112 of them in the last three years.
Live registrations
363
Registered last 3 years
112
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 Riverside Piazza's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
275 kWh/m²·yr
11

Frequently asked questions about The Riverside Piazza

Where is The Riverside Piazza?

The Riverside Piazza is at 11 Keng Cheow Street, Singapore 059608, in the Singapore River planning area.

What is The Riverside Piazza zoned as?

The Riverside Piazza sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of The Riverside Piazza?

The Riverside Piazza is leasehold. About 65 years remain on the lease.

What have units at The Riverside Piazza sold for?

Across 35 recorded transactions, the median price is S$1,199 psf. The latest was in August 2025.

What is the nearest MRT station to The Riverside Piazza?

Clarke Quay MRT is the closest, 289 m away (about a 4-minute walk).

How many businesses are registered at The Riverside Piazza?

363 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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