Square Foot Research Singapore

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THE CENTRAL

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Project Information

Project Name

THE CENTRAL

Street Name

Eu Tong Sen Street

Property Type

Office / Shop

Tenure

99 Yrs FROM 2001

District / Planning Area

D1 / Singapore River

Completion

Unknown

Indicative price range / Average*

Office: S$ 2,523 - S$ 2,838 psf / S$ 2,716 psf
Shop: S$ 3,046 - S$ 3,048 psf / S$ 3,047 psf

Indicative rental range / Average#

Office: S$ 0.00 - S$ 0.00 psf pm / S$ 7.85 psf pm
Shop: S$ 0.00 - S$ 0.00 psf pm / S$ 8.21 psf pm

Implied rental yield

Office: 3.47%
Shop: 3.23%

Historical high

Office: S$ 3,312 psf in Apr 2021 for a 646-sqft unit
Shop: S$ 3,048 psf in Jan 2023 for a 1,206-sqft unit

Indicative average price from historical high

Office: -18.0%
Shop: -0.0%

Historical low

Office: S$ 577 psf in Jun 2004 for a 1,270-sqft unit
Shop: S$ 2,855 psf in May 2013 for a 872-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.

Location

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Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: https://www.squarefoot.com.sg
Marker Project Type Tenure Distance
(m)
Lowest
price*
(S$ psf)
Average
price*
(S$ psf)
Highest
price*
(S$ psf)
Rental
25th*
(S$ psf pm)
Median
Rental*
(S$ psf pm)
Rental
75th*
(S$ psf pm)
Rental yield
(%)
THE CENTRAL Office 99 Yrs FROM 2001 - 2,523 2,716 2,838 - 7.85 - 3.5
THE CENTRAL Shop 99 Yrs FROM 2001 - 3,046 3,047 3,048 - 8.21 - 3.2
HAVELOCK2 Office 99 Yrs FROM 1983 245 1,589 1,623 1,642 - 7.30 - 5.4
HAVELOCK2 Shop 99 Yrs FROM 1983 245 1,760 1,760 1,760 - 10.75 - 7.3
MERCHANTS BUILDING Office Freehold 253 3,753 21,628 25,270 - 3.90 - 0.2
BOAT QUAY CONSERVATION AREA Shop 999 Yrs FROM 1826 284 4,627 4,627 4,627 - - - -
BOAT QUAY CONSERVATION AREA Shop House 999 Yrs FROM 1826 284 8,193 8,193 8,193 - 6.54 - 1.0
THE RIVERSIDE PIAZZA Office 99 Yrs FROM 1992 306 1,551 1,551 1,551 - 4.29 - 3.3
THE RIVERSIDE PIAZZA Shop 99 Yrs FROM 1992 306 1,636 1,636 1,636 - 3.46 - 2.5
HIGH STREET CENTRE Office 99 Yrs FROM 1969 323 1,669 1,669 1,669 - 5.98 - 4.3

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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