CommercialHOTELDistrict 2 · Downtown Core

Tower Fifteen

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Tower Fifteen is a commercial building in District 2 · Downtown Core, on land zoned HOTEL under the URA Master Plan. ACRA records 0 live company registrations at this address.

1

What are the key facts about Tower Fifteen?

Key takeawayTower Fifteen is a commercial building in District 2 · Downtown Core, zoned HOTEL.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 2 · Downtown Core
Address
—
Land area
3,638 sqm
Completed
Not on record
Storeys
Not on record
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

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

About Tower Fifteen

Tower Fifteen is a commercial building in Downtown Core (District 02). It is located along Hoe Chiang Road.

Under the URA Master Plan it sits on land zoned hotel. It lies inside the Central Area.

It occupies roughly 3,638 sqm of land with about 28,856 sqm of gross floor area.

The nearest MRT is Tanjong Pagar MRT, 499 m away (about a 8-minute walk). The closest bus stop (Aft Tanjong Pagar Rd) is 37 m away (about a 1-minute walk). 100 Am is 198 m away (about a 3-minute walk).

3

What is Tower Fifteen zoned as?

Key takeawayTower Fifteen sits on land zoned HOTEL, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
Subject to Evaluation
Urban design area
Udga
Central Area
Yes

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 23,546 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 does space at Tower Fifteen rent for?

Key takeawayNo rent is published for Tower Fifteen itself. On its street, Hoe Chiang Road, office space rented at a median of $14.47 psf a month in 2026Q3, with the middle half of leases between $13.73 and $14.50. That is not this building's own rent, and never a quote for a particular unit.

Office space on Hoe Chiang Road

Street level · 2026Q3
25th pct
$13.73
$147.82 psm
Median
$14.47
$155.72 psm
75th pct
$14.50
$156.06 psm

S$ per sq ft per month

2025Q4 · $146.09 psm2026Q3 · $155.72 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 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 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 2 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).

5

Market context around Tower Fifteen

Key takeawayBrokers' office figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Vacancy 5%
  • Islandwide (Grade B): Rent S$8.35 psf/mth
Singapore Figures 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.

6

What's been approved at Tower Fifteen?

Key takeawayURA's planning decisions at Tower Fifteen since 2000 are below. 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. 19 Mar 2026Approved
    Additions & alterations

    Proposed erection of part 3 storey, part 31 storey hotel (total 808 rooms) /service apartments (total 46 rooms) development with ancillary facilities and 2 basement carparks

  2. 19 Apr 2024Approved
    Additions & alterations

    Proposed erection of part 3 storey, part 30 storey hotel (total 808 rooms) /service apartments (total 37 rooms) development with ancillary facilities and 2 basement carparks

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).

7

What do commercial rents run near Tower Fifteen?

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

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th 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.

8

What is near Tower Fifteen?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 499 m away.

Getting around

Amenities nearby

Hotel · 0 mAft Tanjong Pagar Rd · 37 mCitymed Health Associates · 93 mNTUC Fairprice Co-operative Ltd · 198 m100 Am · 198 mEducational Institution · 225 mTanjong Pagar Community Club · 274 mBlk 6 Tanjong Pagar Plaza · 333 mPlace Of Worship · 341 mTras Link Pk · 346 m

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at Tower Fifteen

Key takeawayThe nearest station is Prince Edward Road (CC32), 385 m away — a quiet station, with 3,673 taps in and out on an average weekday. 14 public car parks are within 500 m.
Foot traffic: busier than 34% of office buildings

nearest MRT/LRT Prince Edward Road (CC32) 385 m, about 3,673 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 12, about 13,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 16,000 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

  • Prince Edward Road (CC32)385 m · 3,673 weekday taps
  • Cantonment (CC31)412 m · 3,987 weekday taps
  • Tanjong Pagar (EW15)414 m · about 85,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)646 m · about 78,000 weekday taps
  • Maxwell (TE18)718 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 Tower Fifteen. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

  • Yan Kit Rd - Cantonmen T Rd Off St (URA)120 m
    S$1.20 per half-hour at midday on a weekday · 15 car lots
  • Blk 1/6 Tanjong Pagar Mscp (HDB)189 m
    S$1.20 per half-hour at midday on a weekday · gantry 1.8 m · 384 car lots
  • Yan Kit Rd (URA)257 m
    S$1.20 per half-hour at midday on a weekday · 11 car lots
  • Keppel Rd Off St (URA)299 m
    S$1.20 per half-hour at midday on a weekday · 99 car lots
  • Blk 10 Cantonment Close (HDB)340 m
    S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 962 car lots

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Blair Road-Everton Roa D Area, 659 m away, S$80/month.

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

10

How many companies are registered at Tower Fifteen?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

11

What is Tower Fifteen's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
144 kWh/m²·yr
12

Frequently asked questions about Tower Fifteen

Where is Tower Fifteen?⌄

Tower Fifteen is at Hoe Chiang Road, in the Downtown Core planning area.

What is Tower Fifteen zoned as?⌄

Tower Fifteen sits on land zoned hotel under the URA Master Plan.

Have there been any recorded transactions at Tower Fifteen?⌄

No caveats have been lodged for Tower Fifteen 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 Tower Fifteen?⌄

Tanjong Pagar MRT is the closest, 499 m away (about a 8-minute walk).

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