Uic Building
Uic Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 11.2. It is leasehold with roughly 42 years remaining. 7 transactions are on record since 1995, most recently in Jan 2008. ACRA records 971 live company registrations at this address.
What are the key facts about Uic Building?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 11.2
- Tenure
- Leasehold
- District / Area
- District 1 · Downtown Core
- Address
- 5 Shenton Way
- Land area
- 6,065 sqm
- Completed
- Not on record
- Storeys
- 54 (© OpenStreetMap contributors)
- Strata units (MCST)
- 526
- Strata formed
- 2018
- Owner
- Singapore Land Group (SGX filings)
- Submarket
- Shenton Way / Tanjong Pagar
- Units with a recorded sale
- At least 2
- Transactions on record
- 7 (records start 1995)
- Live listings
- None
- ACRA registrations
- 971
Who owns Uic Building, and what is it valued at?
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Uic Building
Uic Building is a commercial building in Downtown Core (District 01). It is located along Shenton Way, Singapore 068808.
Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 11.2. It lies inside the Central Area.
The site is leasehold, with about 42 years remaining on the lease. It occupies roughly 6,065 sqm of land with about 86,782 sqm of gross floor area.
7 transactions have been recorded here, at a median of S$738 psf. The most recent was in January 2008.
998 businesses are currently registered at this address with ACRA.
The nearest MRT is Shenton Way MRT, 109 m away (about a 2-minute walk). The closest bus stop (UIC Bldg) is 68 m away (about a 1-minute walk).
What is Uic Building zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 11.2
- Urban design area
- Udga
- Central Area
- Yes
What has Uic Building sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2008 | Office | S$15.87M | 9,375 sqft | $1,692 |
| Nov 2004 | Office | S$651k | 1,033 sqft | $630 |
| Jul 2002 | Office | S$1.60M | 2,164 sqft | $738 |
| Jun 2001 | Office | S$1.07M | 1,421 sqft | $750 |
| Oct 2000 | Office | S$12.98M | 19,106 sqft | $679 |
| Oct 2000 | Office | S$17.52M | 27,330 sqft | $641 |
| Oct 1996 | Retail | S$2.53M | 1,948 sqft | $1,300 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Uic Building rent for?
Office space on Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +8% 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 Shenton Way
Street level · 2026Q3S$ per sq ft per month · median +16.3% 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 Uic Building
- Islandwide: Vacancy 5%
- Islandwide (Grade B): Rent S$8.35 psf/mth
- Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m 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 Uic Building?
- 22 Nov 2024ApprovedAdditions & alterations
Proposed minor additions and alterations works comprising of installation of new glass rainscreen panels facing park street at 1st and 2nd storeys of existing uic building (downtown core planning area)
- 17 Mar 2021ApprovedFloor 2Change of use: restaurant → fitness centre
Proposed change of use of unit #02-XX from restaurant to fitness centre at uic building
- 17 Dec 2019ApprovedAdditions & alterations
Proposed catwalks at the level 9 office tower of the existing uic building on lot 00573n ts 30 at no. 5 shenton way, singapore 068808 (downtown core planning area)
- 19 Feb 2019ApprovedChange of use: office → commercial school
Proposed change of use of part of 10th storey from office to commercial school at uic building
- 4 Jul 2017ApprovedChange of use: office → caf�
Proposed change of use of part of the 10th storey from office to caf� at v on shenton
- 26 Oct 2005ApprovedAdditions & alterations
Retention of temporary outdoor refreshment area (ora) extension and extension of temporary steel roof over the ora extension of unit 01-07
- 19 Oct 2005RenewedFloor 1Change of use
Extension of temporary permission for the approved temporary steel roof over the ora at unit #01-XX
- 10 Nov 2004ApprovedFloor 1Additions & alterations
Proposed addition of a temporary steel roof over the existing ora at #01-XX
- 12 Mar 2001ApprovedFloor 2Change of use to training centre
Proposed use of units #02-XX, #02-XX & #02-XX as training centre
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$54.50 per unit).
How does Shenton Way price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Uic Building?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 Uic Building?
Getting around
- Shenton Way MRT109 m · ~2 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.
Getting there and parking at Uic Building
nearest MRT/LRT Shenton Way (TE19) 73 m, about 32,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 8, about 16,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 14,000 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
- Shenton Way (TE19)73 m · about 32,000 weekday taps
- Tanjong Pagar (EW15)276 m · about 85,000 weekday taps
- Downtown (DT17)410 m · about 51,000 weekday taps
- Telok Ayer (DT18)501 m · about 37,000 weekday taps
- Prince Edward Road (CC32)532 m · 3,673 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 Uic Building. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Boon Tat St - Mccallum St) (URA)290 m
- Prince Edward Rd - She Nton Way Off St (URA)294 mS$1.50 per half-hour at midday on a weekday · 84 car lots
- Marina View Off St (URA)314 mS$1.20 per half-hour at midday on a weekday · 44 car lots
- Mccallum St (URA)327 mS$1.20 per half-hour at midday on a weekday · 11 car lots
- Backlane (Mccallum St) (URA)334 m
Nearest URA season parking: Blair Road-Everton Roa D Area, 1.4 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Uic Building's own car park, if it has one, and its charges are not in the open data.
Who's registered at Uic Building?
- Financial and insurance430
- Transportation and storage157
- Professional, scientific and technical services128
- Information and communications91
- Wholesale and retail trade89
- Administrative and support services35
- Manufacturing14
- Education9
- Construction6
- Real estate5
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.
Frequently asked questions about Uic Building
Where is Uic Building?⌄
Uic Building is at 5 Shenton Way, Singapore 068808, in the Downtown Core planning area.
What is Uic Building zoned as?⌄
Uic Building sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 11.2.
What is the tenure of Uic Building?⌄
Uic Building is leasehold. About 42 years remain on the lease.
What have units at Uic Building sold for?⌄
Across 7 recorded transactions, the median price is S$738 psf. The latest was in January 2008.
What is the nearest MRT station to Uic Building?⌄
Shenton Way MRT is the closest, 109 m away (about a 2-minute walk).
How many businesses are registered at Uic Building?⌄
998 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 Uic Building.
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.