Type

Units

Min Area

Price Range

4 BR

5242 sqft

S$10M

5 BR

6674 sqft

S$13.7M

Type

Units

Min Area

Price Range

4 BR

5640 sqft

S$20,000/mo

Property Highlights

Condo development with 3 units currently available.
Prices currently range from S$20,000 to S$13.7M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$4,000 on this acquisition.
Located 3 min (230 m) from TE19 Shenton Way MRT Station.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

One Shenton: Prestige Living in Singapore's Premier Financial Hub

One Shenton stands as a landmark residential development at the heart of Singapore's Central Business District, commanding an enviable position at 1 Shenton Way. This prime address has become synonymous with luxury living in one of Asia's most dynamic financial centres, where soaring office towers meet sophisticated residential spaces designed for discerning buyers seeking both convenience and exclusivity.

The development's location represents a rare convergence of professional and lifestyle amenities. Situated merely 230 metres from Shenton Way MRT Station (TE19), residents enjoy seamless connectivity to Singapore's extensive transport network without compromising on the tranquility of elevated living. The immediate vicinity hosts Singapore's most prestigious financial institutions, multinational corporations, and professional services firms, making this address particularly appealing to senior executives and entrepreneurs who value minimal commute times and maximum accessibility to their workplaces.

Architectural Excellence and Residential Design

One Shenton presents a carefully curated selection of residential units that blend contemporary architecture with refined interior spaces. The development encompasses a range of configurations, accommodating diverse buyer profiles from compact studios through to expansive multi-bedroom residences. Each unit benefits from meticulous attention to spatial planning, with floor-to-ceiling windows maximising natural light and offering commanding views across the cityscape and towards the Singapore River precinct.

The architectural approach emphasises vertical living at its finest, with premium finishes and high-quality building materials evident throughout the development. Generous ceiling heights, open-plan living areas, and thoughtfully positioned bedrooms create living environments that transcend the typical urban apartment experience. The development's design philosophy prioritises both functionality and aesthetic appeal, recognising that CBD professionals demand homes that reflect their success and provide genuine respite from demanding work schedules.

Amenities and Lifestyle Integration

Residents of One Shenton gain access to a curated portfolio of facilities that elevate the residential experience beyond standard condominium offerings. The development incorporates wellness amenities, recreational spaces, and social areas designed to foster a vibrant community atmosphere despite the urban setting. This balanced approach ensures that living in the CBD need not mean sacrificing lifestyle quality or access to leisure facilities typically associated with suburban residential enclaves.

The immediate surroundings offer unparalleled dining and entertainment options, with some of Singapore's finest restaurants, cafés, and bars operating within walking distance. The Raffles Place precinct, Marina Bay developments, and the Singapore River district provide residents with world-class shopping, cultural venues, and recreational destinations. This integration of work, living, and leisure spaces represents a genuine urban lifestyle advantage unavailable in peripheral locations.

Investment Fundamentals and Capital Appreciation

One Shenton occupies a strategic position within Singapore's residential investment landscape, offering compelling fundamentals for both owner-occupiers and portfolio investors. The CBD location ensures sustained demand from high-income professionals, multinational expatriates, and institutional investors seeking prime real estate exposure. Limited developable land in the central business district constrains new supply, providing structural support for property valuations and long-term capital appreciation prospects.

Historical performance of comparable CBD residential developments demonstrates consistent capital value growth, with properties in this precinct outperforming island-wide averages during both expansionary and consolidation market cycles. The development's emphasis on premium finishes and generous spatial configurations appeals to the upper tier of Singapore's residential market, where buyer psychology emphasises enduring value and prestige rather than transient market trends.

Connectivity and Transportation Advantages

The proximity to Shenton Way MRT Station represents a substantial competitive advantage for One Shenton residents. The station provides direct access to the Thomson-East Coast Line (TE19), enabling rapid connectivity to numerous districts across the island. For professionals working in the financial district, the three-minute walking distance eliminates reliance on private vehicles or ride-sharing services for daily commutes, representing genuine lifestyle and economic advantages.

Beyond public transport accessibility, the location offers walking distance access to major CBD thoroughfares, with excellent road connectivity to the Central Expressway, East Coast Parkway, and other major arterial routes. This multifaceted transport integration ensures residents can reach virtually any location on the island with minimal friction, whether travelling for business, leisure, or family commitments.

Market Context and Competitive Positioning

One Shenton competes within the elite tier of Singapore's residential market, alongside other prominent developments in the CBD and Marina Bay precinct. The development distinguishes itself through its location along Shenton Way, offering proximity to Singapore's traditional financial heartland rather than the newer waterfront developments that have emerged in recent years. This positioning appeals to investors and buyers who value establishment, professional networks, and the enduring prestige associated with Singapore's original business district.

Recent transactions in comparable developments demonstrate consistent absorption of units across various price points, reflecting sustained appetite for CBD residential properties among qualified buyers. The development benefits from international visibility and appeal, with particular strength in demand from Asian expatriate professionals and investors seeking Singapore real estate exposure.

Ownership Considerations and Financial Planning

Prospective purchasers should understand the financial implications of acquiring residential property at this price point in Singapore. Additional Buyer's Stamp Duty applies to second residential property acquisitions by Singapore Citizens at the current rate of 20 per cent, representing a material additional cost beyond standard acquisition fees. First-time buyers and Singapore-based companies may benefit from preferential duty treatment, meriting detailed discussion with legal and financial advisors before proceeding with transactions.

Mortgage financing for CBD developments like One Shenton typically involves standard institutional lending practices, with banks offering loans up to 75 per cent of purchase price for residential properties. The Total Debt Servicing Ratio framework requires buyers to demonstrate sufficient income to support mortgage obligations comfortably, with most financial institutions expecting buyers to qualify at conservative interest rate assumptions.

Future Outlook and Long-Term Value Considerations

The CBD's enduring role as Singapore's primary financial and business centre supports long-term rental and capital value prospects for properties within this precinct. Whilst new residential supply in the wider central region remains relatively constrained, the scarcity of available sites for residential development near Shenton Way provides structural support for property valuations. The development appeals to buyers with sufficient conviction in Singapore's continued prosperity and the financial sector's centrality to the nation's economic future.

One Shenton represents not merely a property purchase but an acquisition of a carefully positioned asset within Singapore's most prestigious business district, offering convenience, prestige, and the enduring appeal of principal location addresses in the heart of a global financial centre.

Frequently Asked Questions

What rental yield might an investor realistically expect from acquiring a unit at One Shenton?

Properties in the CBD precinct typically generate gross rental yields ranging between 3 and 4.5 per cent, depending on unit configuration, exact floor level, and view characteristics. One Shenton's premium positioning, proximity to Shenton Way MRT Station, and appeal to high-income expatriate professionals support rental demand at competitive price points relative to the acquisition cost. However, investors should note that furnished units command higher rental income than unfurnished equivalents, and properties positioned for corporate short-let rentals may achieve higher absolute yields at the expense of longer average vacancy periods between tenancies. Given the development's CBD location and demonstrated demand from multinational employers seeking furnished accommodation for seconded staff, investors targeting corporate rental segments may outperform the broader residential average, though this strategy requires active asset management and understanding of the corporate housing market.

How does the price per square foot at One Shenton compare to recent market transactions in the CBD area?

CBD residential developments have historically traded between S$1,800 and S$2,400 per square foot depending on unit configuration, floor level, and specific building prestige, with One Shenton positioned within the premium segment reflecting its Shenton Way address and proximity to the MRT station. Recent transactions in comparable nearby developments suggest consistent market pricing for properties offering similar amenities and location characteristics, with properties demonstrating view premiums of 10 to 15 per cent relative to comparable units facing less desirable directions. The development's emphasis on generous unit sizes and premium finishes positions it towards the upper end of market price scales, reflecting both the scarcity of available CBD supply and the development's positioning for the high-net-worth and executive buyer segments. Prospective purchasers should benchmark against specific comparable transactions rather than relying on district-wide averages, as significant variation exists based on micro-location factors and individual unit specifications.

What Additional Buyer's Stamp Duty implications apply to second-property acquisitions at One Shenton?

Singapore Citizens acquiring a second residential property are subject to Additional Buyer's Stamp Duty at the current rate of 20 per cent of the purchase price, representing a material cost component that must be factored into overall acquisition pricing. For a property valued at S$13.7 million, this duty would amount to approximately S$2.74 million in additional acquisition costs, substantially exceeding the standard Buyer's Stamp Duty and significantly impacting total outlay. First-time residential property buyers and non-citizen purchasers are exempt from this duty, making the property considerably more attractive from a financial planning perspective for these buyer profiles. Investors should carefully model the after-cost returns on acquisition, as the 20 per cent ABSD represents a significant drag on investment returns and substantially increases the holding period required to break even relative to equivalent properties in other districts.

Does One Shenton carry lease decay risk, and how might this affect long-term resale value?

One Shenton operates under standard Singapore condominium tenure structures, and properties in the CBD have historically maintained robust demand and capital values throughout their lifecycle, with lease maturity creating minimal valuation pressure for properties still carrying 70+ years of remaining tenure. However, prospective buyers should verify the exact lease length at point of acquisition, as properties approaching 80 years of age may attract reduced valuations from certain institutional buyers and mortgage lenders despite strong underlying demand. The strength of the CBD location and the development's premium positioning provide confidence that the property will maintain value throughout the typical holding period of owner-occupiers and professional investors. For investors with extended time horizons exceeding 40 years, lease length becomes a material consideration requiring explicit factoring into long-term return calculations, though for most purchasers with typical 10-20 year holding periods, lease decay presents negligible practical impact on investment viability.

How does proximity to Shenton Way MRT Station influence demand and capital appreciation potential?

Direct MRT access represents a substantial demand driver for residential properties, as Singapore's affluent professionals increasingly prioritise convenience and reduced commute times, making the 230-metre walking distance to TE19 Shenton Way Station a significant competitive advantage. Historical analysis of CBD properties demonstrates that properties within 5-minute walking distance of MRT stations command premiums of 8 to 12 per cent relative to equivalent properties requiring longer walks or reliance on other transport modes, reflecting the tangible economic value buyers place on transport convenience. The Thomson-East Coast Line designation adds future-proofing value, as the station benefits from ongoing investment and integration improvements within Singapore's broader transport master plan. Investors should anticipate that demand for properties at One Shenton will remain resilient across market cycles, as the MRT proximity appeals to both owner-occupiers seeking reduced commute friction and corporate hirers seeking convenient locations for expatriate talent, supporting both rental demand and capital value preservation.

Which buyer profiles are best suited to One Shenton, and how does it appeal to each segment?

High-net-worth individuals seeking primary residences in prestigious addresses find One Shenton compelling due to its exclusivity, location prestige, and alignment with the CBD's image of success and financial achievement, often viewing the property as a principal residence reflecting personal status rather than purely as a financial investment. Upgrading homeowners seeking to consolidate wealth into a single trophy property or reduce property portfolio complexity gravitate towards One Shenton for its comprehensive amenities and location convenience, particularly those working in the financial district who can justify the acquisition on lifestyle and commute reduction grounds. First-time buyers represent a less likely demographic for One Shenton, as the development's price point and market positioning target established, high-income purchasers rather than entry-level market participants, though occasional first-time acquisitions do occur among exceptionally high-earning professionals. Institutional and individual investors favour One Shenton for rental yield and long-term capital appreciation, though this segment typically exhibits greater price sensitivity than owner-occupiers and requires detailed yield modelling to justify acquisition costs relative to alternative investments.

What Total Debt Servicing Ratio headroom might buyers expect at typical One Shenton price points?

At representative acquisition prices within One Shenton's range, typical mortgage financing assumes 75 per cent loan-to-value ratios with 25-year repayment tenors, resulting in monthly debt servicing obligations that require household incomes of approximately S$800,000 to S$1.2 million annually to satisfy standard TDSR thresholds (typically 60 per cent of gross income maximum). Buyers at this price point typically demonstrate substantial financial capacity and often structure acquisitions through company vehicles or investment holdings rather than individual personal mortgages, potentially accessing preferential financing terms or alternative capital structures unavailable to standard residential purchasers. The TDSR framework essentially becomes irrelevant for most One Shenton acquirers, as qualified buyers typically exceed lending institution risk thresholds across multiple dimensions (income, net worth, credit history), and mortgage approval becomes a formality rather than a binding constraint. Prospective purchasers should discuss financing structuring with specialist banking advisors, as multiple mortgage vehicles and cross-border financing arrangements may offer tax or liability benefits beyond what standard Singapore residential financing provides.

How does One Shenton compare to other notable CBD developments like Marina Bay Residences or other nearby alternatives?

One Shenton's Shenton Way address positions it within Singapore's traditional financial heartland, differentiating it from newer Marina Bay developments that emphasise waterfront lifestyle and contemporary resort-style amenities, appealing to buyers who value establishment location and professional networks over waterfront aesthetics. Properties at One Shenton typically trade at price points comparable to Marina Bay equivalents, though specific differentials depend on unit configuration, view characteristics, and amenity preferences, with some buyers demonstrating willingness to pay premiums for the Shenton Way address reflecting its historical significance and professional associations. The development faces indirect competition from other CBD-adjacent residential projects in the Raffles Place area and beyond, each offering distinct positioning based on architectural character, amenity offerings, and specific location characteristics within the broader central business district. Investors should conduct careful comparative analysis of absorbed units, transaction velocities, and achieved price levels across competing developments to ensure One Shenton's pricing reflects genuine market value rather than premium positioning that may not be sustained across future market cycles.

Which unit stacks or floor levels at One Shenton offer the strongest value proposition for buyers?

Mid-range floor levels (approximately 10-25 storeys) typically offer superior value relative to ground and very high floors, balancing view quality, wind exposure, and acquisition premium, whilst offering sufficient height to command desirable sightlines across the CBD and river precinct without incurring the top-floor pricing premiums. Even-numbered floors and units positioned at the development's corners or mid-block sections often demonstrate pricing efficiency relative to odd-floor units with identical specifications, reflecting buyer psychology rather than material differences in amenity or view quality, creating potential value opportunities for disciplined investors. Units with easterly or southerly aspects command modest premiums reflecting Singapore's tropical climate preferences for morning light and afternoon shade, though these differentials typically amount to 3-5 per cent rather than the 10+ per cent premiums occasionally observed for iconic view exposures. Prospective buyers should examine specific unit positioning, surrounding development patterns (existing and planned), and individual floor plan configurations rather than relying on generalised tier-based pricing, as micro-location factors often create pricing discontinuities that savvy acquirers can exploit.

What new residential supply pipeline exists in the CBD and surrounding central area that might affect One Shenton's future value?

The Central Area Plan emphasises mixed-use intensification with limited dedicated residential supply allocations compared to suburban growth areas, structural constraint that supports long-term property valuations across the CBD precinct and limits potential for material new supply competing directly with One Shenton. Urban redevelopment sites within the CBD remain heavily concentrated on commercial and mixed-use projects rather than standalone residential developments, reflecting the district's primary role as Singapore's business centre and the superior economic returns available from office space deployment. Marina Bay and surrounding precincts have absorbed most of Singapore's recent luxury residential supply, with limited remaining capacity and development sites shifting towards Marina South and other peripheral central locations rather than core financial district areas like Shenton Way. Investors should feel confidence that One Shenton benefits from constrained supply dynamics supporting long-term value preservation, though prospective purchasers should monitor Urban Redevelopment Authority publications and strategic planning updates to identify any potential new supply announcements that might alter competitive dynamics or growth assumptions underlying investment analysis.

[For Sale / Rent] One Shenton — From S$20,000