The Riverwalk
The Riverwalk is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.9. It is leasehold with roughly 53 years remaining. 13 transactions are on record since 1995, most recently in Apr 2012. 10 units are currently listed for sale or rent. ACRA records 343 live company registrations at this address.
What are the key facts about The Riverwalk?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.9
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 20 Upper Circular Road
- Land area
- 6,894 sqm
- Transactions on record
- 13 (records start 1995)
- Live listings
- 10
- ACRA registrations
- 343
About The Riverwalk
The Riverwalk is a commercial building in Singapore River (District 01). It is located along Upper Circular Road, Singapore 058416.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.9. It lies inside the Central Area.
The site is leasehold, with about 53 years remaining on the lease. It occupies roughly 6,894 sqm of land with about 33,781 sqm of gross floor area.
13 transactions have been recorded here, at a median of S$960 psf. The most recent was in April 2012.
343 businesses are currently registered at this address with ACRA.
The nearest MRT is Clarke Quay MRT, 218 m away (about a 3-minute walk). The closest bus stop (Opp High St Ctr) is 98 m away (about a 2-minute walk).
What is The Riverwalk zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.9
- Urban design area
- Udga
- Central Area
- Yes
What has The Riverwalk sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Apr 2012 | Retail | S$533k | 258 sqft | $2,063 |
| Mar 2012 | Retail | S$600k | 334 sqft | $1,798 |
| May 2010 | Office | S$17.80M | 20,161 sqft | $883 |
| Aug 2008 | Office | S$17.55M | 20,161 sqft | $870 |
| Oct 2006 | Office | S$11.00M | 20,161 sqft | $546 |
| Apr 2005 | Office | S$5.90M | 20,161 sqft | $293 |
| Apr 2005 | Retail | S$630k | 1,163 sqft | $542 |
| Jan 1998 | Retail | S$235k | 226 sqft | $1,038 |
| Aug 1997 | Retail | S$5.06M | 5,511 sqft | $918 |
| Jul 1997 | Retail | S$3.08M | 3,089 sqft | $997 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near The Riverwalk?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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 band | 25th pct | Median | 75th 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.
What is available at The Riverwalk right now?
For sale (5)
- Brand New 5 Storey Office Shophouse Building for Sale No ABSD No SSD Full CommercialS$22.00M · 7,011 sqft
- The Riverwalk3 agentsS$6.70M · 3,050 sqft
- The Riverwalk2 agentsS$5.95M · 2,700 sqft
- The Riverwalk / Riverwalk ApartmentsS$650k · 226 sqft
For rent (5)
- The Riverwalk2 agentsS$5k/mo · 667 sqft
- The Riverwalk2 agentsS$18k/mo · 3,095 sqft
- The Riverwalk2 agentsS$10k/mo · 1,768 sqft
- The Riverwalk2 agentsS$2k/mo · 302 sqft
What is near The Riverwalk?
Getting around
- Clarke Quay MRT218 m · ~3 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at The Riverwalk?
- Live registrations
- 343
- Registered last 3 years
- 103
- 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.
Frequently asked questions about The Riverwalk
Where is The Riverwalk?⌄
The Riverwalk is at 20 Upper Circular Road, Singapore 058416, in the Singapore River planning area.
What is The Riverwalk zoned as?⌄
The Riverwalk sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.9.
What is the tenure of The Riverwalk?⌄
The Riverwalk is leasehold. About 53 years remain on the lease.
What have units at The Riverwalk sold for?⌄
Across 13 recorded transactions, the median price is S$960 psf. The latest was in April 2012.
What is the nearest MRT station to The Riverwalk?⌄
Clarke Quay MRT is the closest, 218 m away (about a 3-minute walk).
How many businesses are registered at The Riverwalk?⌄
343 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.
The facts are here — now get the verdict on The Riverwalk.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project The Riverwalk.