CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 1 · Singapore River

The Riverside Piazza

Reviewed by Nathan TangUpdated 8 November 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, at a median S$1,199 psf, most recently in Aug 2025. 9 units are currently listed for sale or rent. ACRA records 342 live company registrations at this address.

The facts are here — now get the verdict on The Riverside Piazza.

Ask PropKaki

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
Completed: Not on record
Storeys: 7 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 64
Managing agent: TEAMS STRATA MANAGEMENT SERVICES PTE LTD
Strata formed: 1997 (MCST 2098)
Submarket: City Fringe
Units with a recorded sale: At least 18
Transactions on record: 35 (records start 1995)
Live listings: 9
ACRA registrations: 342

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).

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 →

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.

Date	Use	Price	Area	PSF
Aug 2025	Office	S$1.35M	829 sqft	$1,629
Mar 2021	Office	S$2.42M	1,561 sqft	$1,551
Jun 2020	Retail	S$1.25M	764 sqft	$1,636
Jun 2020	Office	S$1.35M	829 sqft	$1,629
Mar 2018	Retail	S$2.62M	1,808 sqft	$1,450
Mar 2018	Retail	S$2.06M	1,421 sqft	$1,450
Jul 2017	Retail	S$1.15M	657 sqft	$1,751
Jun 2017	Office	S$1.78M	1,475 sqft	$1,207
Dec 2016	Office	S$2.18M	1,561 sqft	$1,397
Oct 2014	Retail	S$1.42M	624 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. sqm ↔ sq ft converter

What does space at The Riverside Piazza rent for?

Key takeawayNo rent is published for The Riverside Piazza itself. On its street, Keng Cheow Street, office space rented at a median of $3.73 psf a month in 2023Q4, with the middle half of leases between $3.17 and $4.20. That is not this building's own rent, and never a quote for a particular unit.

Office space on Keng Cheow Street

Street level · 2023Q4

25th pct

$3.17

$34.08 psm

Median

$3.73

$40.14 psm

75th pct

$4.20

$45.16 psm

S$ per sq ft per month

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 Keng Cheow Street

Street level · 2023Q2

25th pct

$4.55

$49.02 psm

Median

$5.58

$60.04 psm

75th pct

$6.94

$74.74 psm

S$ per sq ft per month

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).

Market context around The Riverside Piazza

Key takeawayBrokers' 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

City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m 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.

How fast units move at The Riverside Piazza

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 8 units for rent; 1 unit for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 4 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.

Sale: 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 Riverside Piazza?

Key takeawayURA has approved 18 changes of use at The Riverside Piazza since 2000, most recently in 2026, and refused 5. 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.

16 Sept 2026ApprovedFloor 1
Change of use to gym/fitness centre
Proposed change of use of unit #01-XX to gym/fitness centre
15 May 2026ApprovedFloor 1
Change of use to gym/fitness centre
Proposed change of use of shop unit #01-XX to gym/fitness centre
7 Apr 2026ApprovedFloor 2
Change of use to gym/fitness centre
Proposed change of use of unit #02-XX to gym/fitness centre
17 Mar 2026ApprovedFloor 1
Change of use to showroom
Proposed change of use of units #01-XX and #01-XX to showroom
7 Feb 2025RefusedFloor 1
Change of use to karaoke lounge
Proposed change of use of #01-XX (riverside piazza) to karaoke lounge
6 Feb 2025RefusedFloor 1
Continued use as pub cum cafe
Continued use of pub at units #01-XX and #01-XX as pub cum cafe
9 Jul 2024RenewedFloor 1
Continued use as restaurant
Continued use of shop unit #01-XX as restaurant
2 Jul 2024RenewedFloor 1
Continued use as restaurant
Continued use of unit #01-XX as restaurant
27 May 2024RefusedFloor 1
Change of use: restaurant → bar
Proposed change of use of unit #01-XX from restaurant to bar
21 Mar 2024ApprovedFloor 1
Change of use: shop → laundromat
Proposed change of use of unit #01-XX from shop to laundromat
24 Jan 2024RenewedFloor 1
Continued use as pub cum cafe
Continued use of pub at units #01-XX and #01-XX as pub cum cafe
30 Nov 2023RenewedFloor 1
Continued use as restaurant
Continued use of units #01-XX and #01-XX as restaurant

25 earlier change-of-use and A&A decisions are on record since 2000.

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 Keng Cheow 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 Riverside Piazza?

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 Riverside Piazza right now?

Key takeaway9 units are currently listed at The Riverside Piazza — 1 for sale and 8 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 (8)

The Riverside PiazzaS$5k/mo · 860 sqft
The Riverside Piazza2 agentsS$4k/mo · 753 sqft
The Riverside PiazzaS$7k/mo · 1,281 sqft
The Riverside PiazzaS$4k/mo · 764 sqft

Browse every listing at this building →

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

Clarke Quay MRT289 m · ~5 min

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.

Getting there and parking at The Riverside Piazza

Key takeawayThe nearest station is Clarke Quay (NE5), 230 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 17 public car parks are within 500 m.

Foot traffic: busier than 52% of office buildings

nearest MRT/LRT Clarke Quay (NE5) 230 m, about 31,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 11, about 30,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 19,000 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

Clarke Quay (NE5)230 m · about 31,000 weekday taps
Chinatown (NE4 / DT19)351 m · about 97,000 weekday taps
Fort Canning (DT20)432 m · about 14,000 weekday taps
Telok Ayer (DT18)758 m · about 37,000 weekday taps
Maxwell (TE18)834 m · about 23,000 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 Riverside Piazza. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 30,000 boardings and alightings on an average weekday.

Public car parks within 500 m

New Market Rd (URA)171 m
Blk 34 Upper Cross Street Car Park (HDB)312 m
S$1.20 per half-hour at midday on a weekday
Blk 54 Chin Swee Road Mscp (HDB)333 m
S$0.60 per half-hour at midday on a weekday · gantry 1.9 m · 260 car lots
CQ @ Clarke Quay (development car park)368 m
rates not published as open data
Blk 33 Park Crescent Mscp (HDB)390 m
S$1.20 per half-hour at midday on a weekday · gantry 2.15 m · 576 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.

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 547 m away, S$80/month.

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

Who's registered at The Riverside Piazza?

Key takeaway342 live companies (and LLPs and branches; sole proprietors are not counted) list The Riverside Piazza as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
93
Professional, scientific and technical services
84
Information and communications
41
Financial and insurance
40
Accommodation and food services
16
Administrative and support services
12
Transportation and storage
10
Arts, entertainment and recreation
9
Manufacturing
8
Education
8

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.

What is The Riverside Piazza's BCA building profile?

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

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.

For agents · in the PropKaki app

The facts are here — now get the verdict on The Riverside Piazza.

Ask what a unit here would fetch, what the zone allows, or how it compares.

Ask PropKaki Try on WhatsApp

PropKaki

Tell me about The Riverside Piazza — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

This development is also registered as the residential project The Riverside Piazza.

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

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 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.