V On Shenton

Overview & Key Facts

V on Shenton is a 510-unit residential development at 5A Shenton Way in District 1, completed in 2017 by UIC Investments. It is part of a striking twin-tower complex designed by Dutch architecture firm UNStudio in collaboration with local practice Architects 61 — a 54-storey residential tower paired with a 23-storey office building, connected by a shared podium and landscaped sky terraces.

The architectural ambition is immediately apparent. The towers feature a fluid, sculptural facade that shifts in profile as you move around the building, a deliberate departure from the glass-and-steel uniformity of neighbouring CBD towers. The design earned attention at launch and continues to be one of the more distinctive silhouettes on the Shenton Way skyline.

At ~$1,959 psf average with a 4.1% rental yield, V on Shenton sits in a favourable position within the CBD residential market — priced below newer entrants like Marina One Residences while delivering a yield that outperforms most CCR leasehold peers. The buyer mix is notably international: 54.5% Singaporean, 15.5% PR, 26.4% foreign, and 3.6% corporate — reflecting the development’s appeal to the global professional class working in the financial district.

Location & Connectivity

V on Shenton’s address is its primary asset. Shenton Way is the spine of Singapore’s financial district, and the development sits roughly 300 metres from SGX Centre and 900 metres from Marina Bay Financial Centre. For professionals in banking, fund management, legal services, or fintech, this is a walk-to-work proposition — the kind of commute advantage that directly translates into lifestyle quality and rental demand.

MRT connectivity is excellent. Shenton Way MRT (TE19) on the Thomson-East Coast Line and Tanjong Pagar MRT (EW15) on the East-West Line are both within a short walk, providing two-line access. The Downtown MRT (DT16) is also reachable within about 10 minutes on foot, making this one of the better-connected residential addresses in the CBD.

After office hours, the neighbourhood transforms. Duxton Hill and Club Street — Singapore’s most concentrated bar and restaurant strip — are a 10-minute walk. Marina Bay Sands, Gardens by the Bay, and the waterfront promenade are all accessible on foot. For grocery shopping, a FairPrice outlet exists in the nearby UIC Building podium, and Tanjong Pagar Plaza wet market provides hawker-style meals and fresh produce.

Schools & Education

Facilities

The amenity deck is concentrated on Level 24, an elevated floor dedicated to communal living against a backdrop of the CBD skyline. The centrepiece is the Epicurean Dining space for private events, complemented by a sky lounge, infinity pool, gymnasium, and BBQ pavilion. The pool and gym face the sea and Marina Bay skyline — arguably among the more dramatic facility settings in Singapore’s residential landscape.

“Amazing pool and gym facing the sea. Very convenient to get to work in CBD. Quiet during weekends. Great facilities including gym, pool, and BBQ. Easily linked to Duxton Hill, Club Street, Marina Bay Sands, and Gardens by the Bay.”

— Resident review via PropertyGuru

The facility count is focused rather than extensive — there are no tennis courts, no children’s waterplay, and no dedicated kids’ zone. This is clearly a development designed for working professionals and couples, not families. The quality of what exists is high, but buyers expecting resort-scale facilities will be disappointed.

Unit Sizes & Layout

V on Shenton offers a wide range of configurations from 551 sqft one-bedrooms up to 3,918 sqft penthouses. The one- and two-bedroom units form the bulk of the inventory and are the most actively traded. One-bedrooms in the 550–650 sqft range are efficient but not cramped by CBD standards, while the two-bedrooms at 800–1,000 sqft provide a comfortable live-work space.

The 54-storey height means floor selection materially affects the living experience. Units below the 20th floor look into neighbouring office buildings; from the 30th floor upward, views open to Marina Bay, the sea, and the Sentosa skyline. Premium stacks facing south toward the future Greater Southern Waterfront command the highest prices and have the strongest long-term view protection thesis.

Pricing & Market Position

Across 94 recorded transactions (all-time), sale prices range from $900,000 to $4,318,000, averaging $2,284,587.

Over the last 12 months, transactions averaged $1,938 psf.

Rents range from $2,200 to $48,000 per month across 1,436 rental transactions. Current rental yield sits at approximately 3.0%.

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at V ON SHENTON typically rent harder per dollar of purchase price:

Price Appreciation

From 2021 to 2026, the average PSF has declined by 10.9% (from $2,135 to $1,902 psf).

Neighbourhood Comparison

Within the Shenton Way/Tanjong Pagar micro-cluster, One Shenton (341 units, 99-year from 2005) is the most direct comparison — older, slightly higher PSF, but with a more established track record. Wallich Residence at Tanjong Pagar Centre represents the ultra-premium tier with Guoco Tower amenities and the tallest residential address in Singapore, but at nearly $2,800+ psf it serves a different market segment entirely.

Marina One Residences (1,042 units) is the scale competitor, offering a larger facility deck and direct Marina Bay positioning at $2,300+ psf. For buyers who want CBD location at the lowest entry cost, V on Shenton’s sub-$2,000 psf pricing with a 4.1% yield is the clear value pick — provided they can tolerate the soundproofing limitations and a slightly less polished management experience.

Lease Decay Analysis

The 99-year lease runs from 2011, meaning approximately 15 years have already been consumed. Roughly 84 years remain — still comfortably within the range where most banks will offer full financing without restrictions.

For a buyer purchasing today with a 10-year horizon (exit around 2036), the lease situation is essentially a non-issue — you’d be selling a property with ~74 years remaining, which is still very bankable. The risk profile changes for longer holds.

ShiokNest Scores

Our proprietary scoring system evaluates V ON SHENTON across multiple dimensions.

What Residents Say

“Excellent choice for expats who want a quality home with one of the best MRT connectivity. Close to supermarkets and many food choices.”

— Resident review via PropertyGuru

“Very poor sound-proofing structure, inconsiderate residents, as well as incompetent and unresponsive management office.”

— Resident review via PropertyGuru

“Non-stop construction noise from a new condo on the other side of Shenton Lane. Constant false fire alarms in the middle of the night.”

— Resident review via PropertyGuru

The feedback pattern is consistent: location and rental convenience receive strong praise, while soundproofing and management responsiveness draw the sharpest criticism. The fire alarm complaints appear to have been a specific period issue rather than ongoing, but the acoustic concerns are structural and unlikely to be fully resolved.

Strengths & Weaknesses

Verdict

V on Shenton is arguably the best value proposition in the CBD residential market today. At ~$1,959 psf, it trades at a meaningful discount to Wallich Residence ($2,800+ psf), Marina One ($2,300+ psf), and One Shenton (~$2,200 psf). The 4.1% rental yield is the strongest among these competitors, driven by robust demand from financial-sector professionals seeking proximity to their offices.

The Greater Southern Waterfront narrative provides a credible medium-to-long-term appreciation catalyst, though the timeline stretches over decades. In the near term, the completed Thomson-East Coast Line station at Shenton Way improves connectivity further, adding a direct MRT link to the East Coast and Woodlands corridors.

The concerns are real but manageable. Soundproofing issues mean unit selection requires care. The weekend emptiness of the CBD can feel isolating for residents who want neighbourhood community. And the 99-year lease from 2010 (~83 years remaining) places V on Shenton in the same long-term tenure conversation as any CCR leasehold — though for a development this well-located, the rental income stream typically offsets the decay concern for most investment horizons.