Shenton Way & Tanjong Pagar (prime, ~S$11.5/sqft/mo · ≈ $102 PSF/yr USD) is one of 6 Singapore Class A submarkets we track.

  • Shenton Way & Tanjong Pagar sits at prime tier.
  • Average rent S$11.5/sqft/mo · ≈ $102 PSF/yr USD vs city average 11.5.
  • Compared submarkets: Marina Bay (trophy), Raffles Place (trophy), Orchard (established).

Shenton Way & Tanjong Pagar vs other Singapore submarkets

Shenton Way & Tanjong Pagar (prime, ~S$11.5/sqft/mo · ≈ $102 PSF/yr USD) is one of 6 Singapore Class A submarkets we track.

TL;DR

  • Shenton Way & Tanjong Pagar sits at prime tier.
  • Average rent S$11.5/sqft/mo · ≈ $102 PSF/yr USD vs city average 11.5.
  • Compared submarkets: Marina Bay (trophy), Raffles Place (trophy), Orchard (established).

Side-by-side with peers

**Marina Bay** (trophy, S$14.5/sqft/mo · ≈ $129 PSF/yr USD) — Singapore's trophy office quarter. **Raffles Place** (trophy, S$13.2/sqft/mo · ≈ $117 PSF/yr USD) — The historic financial core. **Orchard** (established, S$11.8/sqft/mo · ≈ $105 PSF/yr USD) — Boutique HQ market on Singapore's premier retail spine. **One-North** (prime, S$8.5/sqft/mo · ≈ $75.5 PSF/yr USD) — Tech and biomed campus west of the CBD. **Bugis & Beach Road** (emerging, S$10.2/sqft/mo · ≈ $90.6 PSF/yr USD) — Northeast CBD frontier.

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 other submarkets compete with Shenton Way & Tanjong Pagar in Singapore?
Marina Bay, Raffles Place, Orchard

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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