Can you provide information on commercial properties in Singapore

Commercial Properties in Singapore

Categories of Commercial Developments

Commercial developments in Singapore can broadly be categorized as:

1. Commercial Buildings:
- Office blocks
- Shopping complexes
- Convention/exhibition centers
- Food centers
- Mixed commercial developments (e.g., shopping podium with an office tower block)

2. Mixed Commercial & Residential Buildings:
- Developments with up to 40% of total GFA used for commercial activities (e.g., shopping podium with an apartment tower block)

3. Residential with Commercial Use on the 1st Storey Only:
- Shop houses
- Developments with shops on the 1st storey and flats above

Types of Commercial Buildings

Commercial buildings include:

• Office blocks
• Shopping complexes
• Convention/exhibition centers
• Commercial schools/banks
• Market/food centers/restaurants
• Cinemas
• Entertainment and trade missions

These buildings can be:
- Free-standing developments
- Podium/tower arrangements
- Pure tower blocks
- Party wall developments

Zoning and Subdivision

• Commercial buildings are allowed on land zoned "Commercial" in the Master Plan 2008.
• They may also be strata subdivided.

Real Estate Information System (REALIS)

REALIS is an internet-based system by URA that provides comprehensive information on the Singapore property market, including:

• Price and rental indices
• Median prices
• Stock and vacancy rates
• Supply in the pipeline
• Sales and launches
• Project details (e.g., planning approval status, size, construction status, expected date of completion)
• Transaction records (e.g., address, type of sale, tenure, unit size, transacted price, date of transaction)
• Stock database (e.g., vacancy rate, available floor space, occupied floor space, median rental by location)

Property Price Index

The URA Property Price Index reflects broad price trends in Singapore's property market. Price statistics are released quarterly by URA and HDB.

Submarkets

The commercial/industrial properties cover the following submarkets:

• Residential
• Office
• Retail

This information provides a comprehensive overview of commercial properties in Singapore, including their types, zoning, and available data through REALIS.