Tung Centre
Tung Centre is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 15.0. It is leasehold with roughly 58 years remaining. ACRA records 1,017 live company registrations at this address.
What are the key facts about Tung Centre?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Tenure
- Leasehold
- District / Area
- District 1 · Downtown Core
- Address
- —
- Land area
- 2,273 sqm
- Completed
- Not on record
- Storeys
- Not on record
- Submarket
- Raffles Place
- Transactions on record
- None recorded
- Live listings
- None
- ACRA registrations
- 1,017
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.
About Tung Centre
Tung Centre is a commercial building in Downtown Core (District 01). It is located along Collyer Quay, Singapore 049319.
Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.
The site is leasehold, with about 58 years remaining on the lease. It occupies roughly 2,273 sqm of land with about 34,102 sqm of gross floor area.
1,047 businesses are currently registered at this address with ACRA.
The nearest MRT is Raffles Place MRT, 148 m away (about a 2-minute walk). The closest bus stop (OUE Bayfront) is 69 m away (about a 1-minute walk). One Raffles Place is 181 m away (about a 3-minute walk).
What is Tung Centre zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Urban design area
- Udga
- Central Area
- Yes
What does space at Tung Centre rent for?
Office space on Collyer Quay
Street level · 2026Q3S$ per sq ft per month · median -10.5% on a year earlier
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 Collyer Quay
Street level · 2026Q3S$ per sq ft per month · median +16% on a year earlier
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 · 2026Q3S$ 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 Tung Centre
- Prime office: Capital value S$3,200 psf · Net yield 3.7%
- Core CBD (Grade A): Rent S$12.50 psf/mth · Vacancy 3.3%
- Core CBD (Grade B): Rent S$9.15 psf/mth
- Core CBD: Rent S$9.40 psf/mth · Vacancy 4.5%
- Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m sq ft
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.
What's been approved at Tung Centre?
- 12 Sept 2022ApprovedFloor 8Change of use to medical clinic
Proposed change of use of unit #08-XX to medical clinic at tung centre
- 25 Apr 2022ApprovedFloor 23Change of use to offfice & commercial school
Proposed change of use of unit #23-XX to offfice & commercial school at 20 collyer quay
- 13 Apr 2022Agency worksFloor 23Change of use to commercial school
Lodgment for proposed use of part of unit #23-XX as commercial school
- 22 Oct 2018ApprovedFloor 2Change of use: commercial school → office
Proposed change of use of unit #02-XX from commercial school to office at 20 collyer quay
- 25 Jun 2018ApprovedFloor 1Change of use: restaurant → cafe & office
Proposed change of use of unit #01-XX from restaurant to cafe & office at 20 collyer quay
- 4 Apr 2018ApprovedFloor 1Change of use: bank → restaurant
Proposed change of use of unit #01-XX from bank to restaurant at 20 collyer quay
- 17 Mar 2017ApprovedFloor 2Change of use: office → commercial school
Proposed change of use of unit #02-XX from office to commercial school at 20 collyer quay
- 25 Feb 2009ApprovedAdditions & alterations
Retention of additions and alteration to the existing 24-storey commercial building with 3 level basement (tung centre)
- 2 Mar 2004ApprovedAdditions & alterations
Proposed 6th extn of temp wp for the appd a/a to the existing gable wall at 22nd, 23rd and 24th storey of tung centre building as depicted on appd plan (d) in dc592/64-3
- 15 Mar 2002ApprovedAdditions & alterations
Proposed 5th extension of temporary permisision for retention of additions & alterations to the existing gable wall at 22nd, 23rd & 24th storeys of tung centre as depicted on approved plan (d) in dc592/64-3
- 29 Feb 2000ApprovedAdditions & alterations
Proposed 4th extension of temporary permission for retention of additioons & alterations to the existing gable wall at 22nd, 23re & 24th storeys of tung centre as depicted on approved plan (d) in dc592/64-3
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$54.50 per unit).
How does Collyer Quay price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Tung Centre?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 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 near Tung Centre?
Getting around
- Raffles Place MRT148 m · ~2 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Tung Centre
nearest MRT/LRT Raffles Place (EW14/NS26) 132 m, about 133,000 taps a weekday; 13 more stations within 1 km; bus stops within 400 m: 6, about 13,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 6,024 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
- Raffles Place (EW14 / NS26)132 m · about 133,000 weekday taps
- Telok Ayer (DT18)496 m · about 37,000 weekday taps
- Downtown (DT17)544 m · about 51,000 weekday taps
- Bayfront (CC34 / DT16)755 m · about 56,000 weekday taps
- Bayfront (CE1 / DT16)755 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 Tung Centre. Transfers between lines don't tap, so interchanges read low.
Bus
6 bus stops within 400 m, with about 13,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Cecil St - M Arket St) (URA)313 m
- Backlane (Synagogue St - Church St) (URA)393 m
- Backlane (Lor Telok - Circular Rd) (URA)429 m
- Circular Rd (URA)438 mS$1.20 per half-hour at midday on a weekday · 34 car lots
- Backlane (Synagogue St ) (URA)483 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.6 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Tung Centre's own car park, if it has one, and its charges are not in the open data.
Who's registered at Tung Centre?
- Professional, scientific and technical services273
- Financial and insurance207
- Information and communications183
- Wholesale and retail trade179
- Administrative and support services40
- Transportation and storage38
- Manufacturing22
- Education22
- Health and social services12
- Real estate9
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. ACRA, as of 2026-09-16.
What is Tung Centre's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 189 kWh/m²·yr
Frequently asked questions about Tung Centre
Where is Tung Centre?⌄
Tung Centre is at Collyer Quay, Singapore 049319, in the Downtown Core planning area.
What is Tung Centre zoned as?⌄
Tung Centre sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.
What is the tenure of Tung Centre?⌄
Tung Centre is leasehold. About 58 years remain on the lease.
Have there been any recorded transactions at Tung Centre?⌄
No caveats have been lodged for Tung Centre 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 Tung Centre?⌄
Raffles Place MRT is the closest, 148 m away (about a 2-minute walk).
How many businesses are registered at Tung Centre?⌄
1,047 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.
The facts are here — now get the verdict on Tung Centre.
Ask what a unit here would fetch, what the zone allows, or how it compares.
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