Downtown Core · central

Phillip

S$14.62 per sqft a month, asking shop rent134,424 taps a working day at RAFFLES PLACE (EW14 + NS26), 172m to Exit G

The published record for this corner: measured numbers with their receipts, named absences where the record is empty. No scores, no forecasts, nothing invented.

Asking shop rent here
S$14.62per sqft, a month asking as of 2026-08

the darker band is Downtown Core, the lighter one the island; the mark is this corner

Half of Downtown Core’s 13 shopfront-led corners rent between S$9.47–17.39 psf. Half the island’s 229 fall between S$6.89–13.33 psf.
ihow this figure was read
n=1
This rests on 1 unit. URA prints no median under 3 contracts: its own disclosure floor, read from its panel. Read it as one landlord's number rather than a market.
unchanged since Dec 2025 · 230 days
This asking price was posted 2025-12-16 and had stood 230 days when the listings were read. It is the landlord's own date, carried from the portal, and it is known for every listing behind this figure. An age measured on a minority of a pool is not that pool's age, so a row that cannot say is not given one.
units of 1,560 sqft
The unit behind this figure is 1,560 sqft (145 sqm). It is the portal's own published floor area, the same denominator the per-sqm figure was divided by, and the number that decides which of URA's size bands this row is weighed against.
source
listings.srx.postal-ask:carried · measured at subzone grain · :carried = aggregated up from finer measurements (streets, postals, doors) into this grain, never a direct reading at it · as of 2026-08-03 · a census: all 1 sources known in this subzone answered · 1 unit, 1 agent. One ask: a point, not a range · units of 1,560 sqft · unchanged since Dec 2025 · 230 days
This thin ask sits in the upper middle (at or above the median, at or below the 75th percentile) of the cell it was weighed against: S$7.20–17.10 psf, median S$11.97 psf. It falls at or below that cell’s p75, so it keeps the head of this card over 100 to 300 sqm
The plan zones 42% of this corner for uses that can hold a shopfront; its largest single use is commercial at 42%, a plurality, not a majority
665 taps in and out on a working day · 186 on a weekend or public holiday (buses only, no rail in this number)
Served by RAFFLES PLACE (EW14 + NS26), 134,424 taps a working day, 172m to Exit G; also CHINATOWN (NE4 + DT19) 231m to Exit F, TELOK AYER (DT18) 178m to Exit B, CLARKE QUAY (NE5) 190m to Exit A
residents: withheld at source. The publisher printed a dash here, and a dash is not a zero · 332,600 work here daytime (planning area)
No HDB flats here. This corner is outside HDB's register, not empty of homes
Spend: withheld at source. The publisher printed a dash here, and a dash is not a zero
No income figure for this planning area: SingStat pools it into "Others"
Home rents: a residential rent is not published here yet. That is a gap on our side, not a zero
Home sales: home sale is not published here yet. That is a gap on our side, not a zero
Pick what you sell in the app to count competitors. 7 of the 62 trades carry a counted register; a food format without one gets the licensed-food bound instead; the rest say why no count exists.
NEA lists no hawker centre in this corner. Nearest on its list is Market Street Hawker Centre, 48m away (53 stalls)
3 rent readings measured here do not lead this card: not shop space
Office space: S$11.15 psf, n=3, quarter to 2026-06 not shop space
All strata pooled: S$10.45 psf, n=2, as of 2026-08, unchanged since Jun 2026 · 36 days, units of 1,969–2,422 sqft not shop space
Office space: S$12.00 psf, n=17, as of 2026-08, unchanged since Dec 2025 · 219 days, units of 600–3,975 sqft not shop space

The app draws this corner’s buildings, shows it on the island map, checks a rent you were quoted against this record and runs your own numbers.

Open Phillip in the app →

This page never scores a door and never predicts a business. You know your margin, staffing and opex; we publish what the ground measures. (The one number that pretended to score was withdrawn on 2026-08-05.)

Every receipt for this corner ↓ What this is

surface written 2026-10-12. Every figure on this page is read from that one file

Phillip: every published receipt

How to read a row: the bold figure is the middle of its range and the figures either side are the range’s ends; “carried” means aggregated up from finer measurements (streets, postals, doors) into this corner, never a direct reading at it. The n is the count behind the figure: contracts, awards, units or taps, by instrument. An absent row carries a code and a side, never an instrument or a date, because nothing was measured. Every rent row was measured per square metre a month by its publisher (URA’s street medians, HDB’s awards over their printed floor area, the portals’ asks) and is printed here per square foot, divided once by this record’s own bridge of 10.76 sqft per sqm.

Who is here
Resident population
withheld at source

suppressed_at_source: withheld or not published at source. GHS 2025 printed a dash for this cell — small counts are withheld to prevent identification of individuals, and suppression is not a population of zero. The dash is denser in the age x sex strata than in the pooled total, which is what suppression of small cells looks like and is itself information

Resident households
withheld at source

suppressed_at_source: withheld or not published at source. GHS publishes no usable dwelling mix for this subzone — SingStat printed a dash, which its own footnotes define as nil OR negligible OR suppressed — three different worlds one glyph cannot distinguish, so this is recorded as the publisher withholding, never as zero. The household count here is the same divide as the spend weights, and with no residents-by-dwelling there is nothing to divide

Daytime workers by place of work (planning area) as of 2025-06-30
332,600 persons

GHS 2025: employed RESIDENTS by workplace planning area. Foreign-worker commuters are outside the frame entirely, so this is a FLOOR on true daytime workers; no-fixed-location (201,500) and work-from-home (82,200) sit in categories, not areas. Planning-area grain: the table publishes nothing finer, so every subzone in DOWNTOWN CORE with premises, taps or residents published at the corner shows this same figure.

singstat.ghs2025.C020148 · planningArea grain

Rent: every published stratum
propertyType: f-and-b · leads the card ask carried one ask as of 2026-08-03
S$14.62 psf n=1

a census: all 1 sources known in this subzone answered

listings.srx.postal-ask:carried · subzone grain

hdbTender rent
not yet published: our gap

not_yet_wired: a gap on OUR side of the pipeline. no hdb-tender fact, valued or absent, reached this subzone, and an unexplained gap is ours by rule

Held back (not shop space) · use: office carried quarter to 2026-06-30
S$11.15 psf n=3

a census: all 1 sources known in this subzone answered

the publisher's own facet types this row "office", which is not shop space. Measured over every per-sqm rent in this artifact, the median of the 804 shopfront rows sits at 1.5x the median of the 171 rows typed "office". Two markets, and this one is not the shop market. The figure is real for what it measures and it is not what a shop costs here

ura.pmi.street-median:carried · subzone grain · 2026-06-30 is the last day of the quarter URA's rental-contract table covers. The figure is the median of every contract signed across those three months, so this is the period the median describes and not a day any particular lease was signed

Held back (not shop space) · all strata pooled ask carried lowest–highest ask as of 2026-08-03
S$8.46–10.45–12.44 psf n=2

built from 1 of 2 sources known in this subzone (50%): a FLOOR, not a census

no class word rides this row's facet, so nothing says it is shop space. The shop-rent slot is led only by a row whose publisher's own facet SAYS shopfront. Written the other way round, a portal adding a new type word would leak straight into it, which is how an "Model: Food And Beverage" tag on a warehouse listing got there

listings.srx.street-ask:carried · subzone grain

Held back (not shop space) · propertyType: office ask carried lowest–highest ask as of 2026-08-03
S$9.50–12.00–15.88 psf n=17

a census: all 7 sources known in this subzone answered

the publisher's own facet types this row "office", which is not shop space. Measured over every per-sqm rent in this artifact, the median of the 804 shopfront rows sits at 1.5x the median of the 171 rows typed "office". Two markets, and this one is not the shop market. The figure is real for what it measures and it is not what a shop costs here

listings.srx.postal-ask:carried · subzone grain

residential rent
not yet published: our gap

not_yet_wired: a gap on OUR side of the pipeline. no residential-rent fact, valued or absent, reached this subzone, and an unexplained gap is ours by rule

Rent: the district’s stamped band, one row per size cell
District 01 · Level 1 (street level) · pooled across its size bands · ALL of this corner’s postals quarter to 2026-06-30
S$7.20–14.69–34.64 psf n=3

URA PMI district median at DISTRICT grain, not measured at this corner. ALL of this corner's geocoded postals sit in District 01. The stratum is Level 1 (street level), declared here because URA stamps no all-levels, all-bands district median: the 4 size bands pool UNWEIGHTED: lo the lowest of the bands' lows, hi the highest of their highs, mid the median of band medians, because URA publishes no contract counts to weight with; n=3 is its disclosure floor, not a sample size. Read the bands and match your own floor area.

ura.pmi.district-median · district grain · 2026-06-30 is the last day of the quarter URA's rental-contract table covers. The figure is the district median of every contract signed across those three months in the stratum, so this is the period the median describes and not a day any particular lease was signed

District 01 · Level 1 (street level) · 30 sqm and below quarter to 2026-06-30
S$13.28–19.95–34.64 psf n=3

ura.pmi.district-median · district grain · 2026-06-30 is the last day of the quarter URA's rental-contract table covers. The figure is the district median of every contract signed across those three months in the stratum, so this is the period the median describes and not a day any particular lease was signed

District 01 · Level 1 (street level) · over 30 to 100 sqm quarter to 2026-06-30
S$10.91–17.42–20.36 psf n=3

ura.pmi.district-median · district grain · 2026-06-30 is the last day of the quarter URA's rental-contract table covers. The figure is the district median of every contract signed across those three months in the stratum, so this is the period the median describes and not a day any particular lease was signed

District 01 · Level 1 (street level) · over 100 to 300 sqm quarter to 2026-06-30
S$7.20–11.97–17.10 psf n=3

ura.pmi.district-median · district grain · 2026-06-30 is the last day of the quarter URA's rental-contract table covers. The figure is the district median of every contract signed across those three months in the stratum, so this is the period the median describes and not a day any particular lease was signed

District 01 · Level 1 (street level) · over 300 sqm quarter to 2026-06-30
S$7.38–8.46–10.59 psf n=3

ura.pmi.district-median · district grain · 2026-06-30 is the last day of the quarter URA's rental-contract table covers. The figure is the district median of every contract signed across those three months in the stratum, so this is the period the median describes and not a day any particular lease was signed

Footfall: every measured window
daywindowmodedirtaps/dayn
weekdayam-peakbusin523
weekdayam-peakbusout36123
weekend-holidayam-peakbusin28
weekend-holidayam-peakbusout398
weekdaypm-peakbusin2323
weekdaypm-peakbusout5123
weekend-holidaypm-peakbusin28
weekend-holidaypm-peakbusout328
weekdayall-daybusin6623
weekdayall-daybusout59923
weekend-holidayall-daybusin138
weekend-holidayall-daybusout1738

this subzone, all trades: BUS taps only per gazetted day (no rail is counted in this number) a census: all 1 sources known in this subzone answered

lta.pv.per-day:carried · subzone grain · month to 2026-07-31 · 2026-07-31 is the last day of the month LTA's passenger-volume table covers. The figure is a per-day rate over that whole month's taps, so it names the month, not a day anything was counted

Stations: every one within 400m, or the nearest beyond it
stationtaps/dayfrom the corner’s edgeexits known
RAFFLES PLACE (EW14 + NS26)134,424172m to Exit G10
CHINATOWN (NE4 + DT19)98,075231m to Exit F6
TELOK AYER (DT18)37,359178m to Exit B5
CLARKE QUAY (NE5)31,472190m to Exit A6

ENTRIES AND EXITS SUMMED on an average weekday, all day. Not boardings: a reader who takes it for boardings is out by roughly half. Each station carries ITS OWN measured weekday taps and its own measured distance to this corner. Nothing is re-allocated and no share is invented, so a station that serves several corners appears on several cards. Distance is straight-line from this corner to the station's NEAREST PUBLISHED EXIT (LTA, 613 exit points), not to a representative address, and not a walking route: the real walk is longer wherever a road, canal or rail line stands in the way, and an underground link reads as its street doorway. Every station within 400m is listed, busiest first. The radius is the only cut. Where an interchange spans two codes the taps are summed and every code is named.

lta.pv.per-day · station grain · month to 2026-07-31 · 2026-07-31 is the last day of the month LTA's passenger-volume table covers. The figure is a per-day rate over that whole month's taps, so it names the month, not a day anything was counted

Hawker centres: NEA’s registry, placed in this corner
Centres in this corner
0 a measured zero, not an absence
nearest, outside this cornerstallsstatusdistance
Market Street Hawker Centre53Existing (replacement)48m

NEA lists NO hawker centre in this corner. Its registry is a census of 129 centres, each carrying its own point, and every one of them was placed (none fell outside a subzone), so this is a measured zero rather than a corner nobody looked at. The nearest is Market Street Hawker Centre, 48m from this corner's edge, and it is named for the same reason the nearest station is: a centre just over the boundary is not a centre that does not exist, and a straight "none here" would be a binary answer to a continuous question. Straight-line to its published point, not a walking route, and no claim is made that it sits in this corner.

nea.ssot.hawker-centres · subzone grain · as of 2026-03-13 · 2026-03-13 is NEA's own last-refresh stamp (FMEL_UPD_D) on the freshest row in this registry extract, not a survey date. A measured zero is only as current as the census behind it, and this is that census's date

Household spend: the bridge
Household spend
withheld at source

suppressed_at_source: withheld or not published at source. GHS publishes no usable dwelling mix for this subzone, so the bridge has no weights: a dash that means nil OR suppressed, and a bridge without weights would be the national number wearing a subzone's name. What is withheld is the dwelling MIX: a resident population may still publish above

What households earn: SingStat’s bands, at planning-area grain
Household income (planning area)
not published here

not_published: withheld or not published at source. SingStat publishes the GHS 2025 household income distribution by PLANNING AREA and names 29 of them; DOWNTOWN CORE is not one, so the households here sit inside the table's "Others" row together with 25 other planning areas. That row is an aggregate, not a place, and splitting it would mean inventing a share nobody published. This is the publisher pooling a small resident population, never a statement that households here earn little or that nobody counted them.

Homes: every published sale price
Home sale price (URA caveats)
not yet published: our gap

not_yet_wired: a gap on OUR side of the pipeline. no home-prices fact, valued or absent, reached this subzone, and an unexplained gap is ours by rule

What stands here: every counted stock row
premises.withinContainer carried as of 2026-08-13
0 premises n=3

a census: all 3 sources known in this subzone answered

sfa.trackrecord.by-postal:carried · subzone grain · 2026-08-13 is the night SFA's register was read: the crawl receipt where one was written, else the observation stamp a snapshot froze from the file's write time. Not a date SFA gives; a carried total wears the newest night among its postals

What the plan permits: the zoning, by use class
Zoned land whose use class can hold a shopfront Master Plan 2025 with amendments, published 2026-09-21
42% 16,468 of 39,432 zoned sqm, 19 parcels, mean plot ratio 8.4
largest use classesshare of zoned land
commercial42%
road40%
utility11%

Counted as shopfront-capable: commercial, commercial & residential, residential with commercial at 1st storey, white, business park - white, hotel.

ZONING IS PERMISSION, NOT SUPPLY. This is the share of this corner's zoned land whose use class can hold a shopfront (COMMERCIAL, COMMERCIAL & RESIDENTIAL, RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, WHITE, BUSINESS PARK - WHITE, HOTEL) under the Master Plan 2025 with amendments. Not floor space that exists, not units for rent, and not a promise any particular unit is licensed for your trade. A low share means the plan gives a shopfront little room here; a high share does not mean anything is built. Each parcel is counted whole in the subzone holding its centroid.

ura.masterplan2025.landuse · subzone grain · published 2026-09-21 · 2026-09-21 is the day URA published this layer on data.gov.sg (Amendment to Master Plan 2025 Land Use Layer, d_7a03324bed531cdff76a16239b0e84e1, URA's stamp 2026-09-21T13:51:24+08:00): the Master Plan 2025, gazetted on 2025-12-01, with URA's amendments in it. A zone URA changes after this date is not in this figure until URA publishes the layer again and this figure is rebuilt

Competitors: every register that reaches here
Hawker stall (cooked food) carried as of 2026-08-13
0 premises n=3

a census: all 3 sources known in this subzone answered

sfa.trackrecord.by-postal:carried · subzone grain · 2026-08-13 is the night SFA's register was read: the crawl receipt where one was written, else the observation stamp a snapshot froze from the file's write time. Not a date SFA gives; a carried total wears the newest night among its postals

GP clinic carried as of 2026-08-03
1 premises n=1

a census: all 1 sources known in this subzone answered

moh.chas.clinic:carried · subzone grain

Childcare / preschool (single centre) carried updated 2026-05-07
1 premises n=1

a census: all 1 sources known in this subzone answered

ecda.centres.licensed:carried · subzone grain · 2026-05-07 is ECDA's own last_updated stamp on the newest register row counted here: the day a row of the register was last touched, not a licence date and not an opening day

Remittance (cross-border) carried as of 2026-08-17
2 premises n=2

a census: all 2 sources known in this subzone answered

mas.fid.payments:carried · subzone grain

All licensed food premises (container) carried as of 2026-08-30, the oldest part as of 2026-08-13
8 premises n=8

a census: all 8 sources known in this subzone answered

sfa.trackrecord.by-postal:carried · subzone grain · 2026-08-30 is the newest night SFA's register was read among the 8 postals pooled here; the oldest postal's night is 2026-08-13. Each postal's count is the register as it stood on its own night, so this total spans more than one reading and no single night describes it

What was withheld or unreachable here: the ledger
quantitycodesiderows
people.countsuppressed_at_sourcetheirs59
householdSpend.monthlysuppressed_at_sourcetheirs513
commercialRent.psmsuppressed_at_sourcetheirs1

Every absent fact carries a reason and a side. "Ours" is our pipeline's backlog; "theirs" is the publisher withholding. Only one of them is fixable by us.