Shenton Way & Tanjong Pagar is a prime-tier Singapore submarket with average asking rent around S$11.5/sqft/mo · ≈ $102 PSF/yr USD.

  • Average asking rent: S$11.5/sqft/mo · ≈ $102 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: S$11.5/sqft/mo · ≈ $102 PSF/yr USD ($102 USD).
  • Citywide vacancy: 5.4% — submarket-level availability is typically tighter at prime tier.

Shenton Way & Tanjong Pagar, Singapore office rents and availability

Shenton Way & Tanjong Pagar is a prime-tier Singapore submarket with average asking rent around S$11.5/sqft/mo · ≈ $102 PSF/yr USD.

TL;DR

  • Average asking rent: S$11.5/sqft/mo · ≈ $102 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: S$11.5/sqft/mo · ≈ $102 PSF/yr USD ($102 USD).
  • Citywide vacancy: 5.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Shenton Way & Tanjong Pagar averages around S$11.5/sqft/mo · ≈ $102 PSF/yr USD for Class A, against a citywide Class A index of 11.5. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Resurgent southern CBD. Energy and shipping HQs, professional services, technology platforms.

Key facts

citySingapore
submarketShenton Way & Tanjong Pagar
tierprime
averageRentLocalS$11.5/sqft/mo · ≈ $102 PSF/yr USD
cityClassARentUsd$102/sqft/yr
cityVacancyPct5.4%

Frequently asked questions

What is the average Class A rent in Shenton Way & Tanjong Pagar, Singapore?
Around S$11.5/sqft/mo · ≈ $102 PSF/yr USD. The citywide Class A index sits at S$11.5/sqft/mo · ≈ $102 PSF/yr USD.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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