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Commercial Building Details

Raffles City Singapore is a commercial property located at 252, North Bridge Road, 179103 in District 06. It being an iconic landmark, is an integrated development comprising the 42-storey Raffles City Tower office tower, a total Net Lettable Area of 74,376 square meters Raffles City Shopping Centre with 3-level basement parking providing more than 1,000 lots., the 73-storey hotel SwissĂ´tel The Stamford, the two 28-storey twin towers hotels Fairmont Singapore, as well as Raffles City Convention Centre.

The 42-storey office tower projects an image of modern sophistication. The office tower offers space that is almost totally column-free facilitating the flexibility of office design and layout and providing a total office space of 35,000 square metres. Office tenants have the benefit of 12 microprocessor-control high-speed passenger lifts, which are grouped into 3 banks i.e. low-rise, mid-rise and high-rise.

The fire-protection and life security systems for Raffles City Tower and the rest of Raffles City are fully computerised and manned on a 24-hour basis. A fully computerised Building Automation System interlinks the fire-protection and life security systems for Raffles City Tower, while also ensuring the highest level of energy efficiency in running all the operating systems essential in a modern complex of such magnitude.

The office tower, an integral part of Raffles City offers the complete business environment. It shares in all the facilities available within Raffles City and yet, in no way is inconvenienced by visitors to the hotels, convention centre and shopping centre. The office tower is served by its own exclusive lobby and a private driveway off North Bridge Road for the exclusive use of its tenants. The ideal location and the choicest services and facilities make Raffles City Tower, a prestigious office address among corporations.

Raffles City is officially opened in 1986 and it is linked to City Hall MRT interchange and the Esplanade MRT station on Circle Line. Its convenient location and diversified retail outlets make it a destination where locals and tourists converge.

Raffles City is jointly owned by CapitaCommercial Trust (CCT), Singapore's first commercial real estate investment trust (REIT), and CapitaMall Trust (CMT), Singapore's first and largest REIT by asset size and market capitalization, through an unlisted special purpose sub-trust, RCS Trust, with CCT and CMT holding an interest of 60.0% and 40.0% respectively.

Logo

Logo

CARPARK RATES

Mon – Fri: $2.20 1st hr

$0.55 for next subsequent 15mins from 8am to 6pm

Mon – Fri: $3/entry from 6 pm – 8 am next day

Sat: $2.20 for 1st 2hrs

S$0.40 for subsequent 15 mins during the 3rd and 4th hour

S$0.60 for subsequent 15 mins from the 5th hour onwards

Sun/ Public holidays: Same as Saturdays

Season parking @ $224.70/mth

Commercial Building Location

Raffles City Tower is strategically located in Central Business District. It is within walking distance to City Hall Mrt station via a sheltered pathway. Other nearby Mrt stations are Raffles Place and EsplanadeMrt stations. For vehicle owners, driving from here to either the business hub or the vibrant Orchard Road shopping district takes below 10 minutes. Major expressways such as CTE and ECP allow drivers easy access to any part of Singapore.

Raffles City Tower

Raffles City Tower

Amenities around

There is nothing more energizing and exciting than reveling in the pulse of the city. There is a cluster of exciting amenities around here:

Malls: Nearby mega malls like Bras Basah Complex, CityLink Mall, Funan DigitaLife Mall, Shaw Towers, Marina Square, Esplanade Mall, Marina Bay Sands and Suntec City Mall, Marina Bay Sands Shoppes, Esplanade and many more others which have a myriad of amenities like eateries, retail shops, supermarkets and banks. For more shopping, dining and entertainment purposes you can head down to the Orchard shopping district and Marina Bay District which is about less than 5 minutes’ drive away.

Restaurants: For more dining options to satisfy your taste buds, head down to the restaurants along Raffles Place, Circular Road, Market Street and Collyer Quay. For hawker food lovers, you can head down to Tanjong Pagar Plaza Market & Food Center, Lau Pat Sat, Maxwell Road Food Centre, Golden Shoe Hawker Centre, Market Street Food Centre and China Square Food Centre.

Night Entertainment: Singapore’s number one nightlife entertainment area around Robertson Quay, Clarke Quay and along Mohammed Sultan is just 10-15 minutes’ drive away.

Hotels: Nearby international luxurious hotels include The Ritz Carlton Hotel, Carlton Hotel Singapore, Raffles Hotel, Swissotel The Stamford Singapore, Conrad Centennial Singapore, The Fullerton Hotel Singapore, The Fullerton Bay Hotel and Marina Bay Sands Hotel.

Condominiums: There are also several prestigious residential buildings like Skysuites at Anson, Sail at Marina Bay, Marina Bay Residences, Marina One Residences and Spottiswoode Residences which are highly sought after by locals and expats.

Supermarkets: The nearest supermarkets is Market Place Supermarket at Raffles City Shopping Centre, Sheng Siong at The Verge, and Cold Storage at Funan DigitaLife Mall and NTUC FairPrice at Rochor Road.

Healthcare: General Practitioner Clinics, Outram Polyclinic, Raffles hospital, Singapore General Hospital, National Heart Centre, National Heart Centre and Singapore National Eye Centre in the area to provide specialist healthcare services for the residents.

Education: The nearby educational institutions include Singapore Management University, DUKE Nus and Stamford Primary School.

Recreational facilities: There are many recreational facilities around here include Kampong Glam Bras Basah Complex RC, Singapore Recreation Club, Esplanade, Fort Canning Park, Marina Bay Sands, Marina Barrage and Art Science Museum.

Places of worship: For places of worship in this multi-racial and religion society, one can head to Masjid Omar Kampong Melaka Mosque at 10 Keng Chow Street, Sri Krishnan Temple at 152 Waterloo Street, Kwan Im Thong Hood Cho Temple at 178 Waterloo Street, Hong San See Temple at 29 Mohamed Sultan Rd and St Andrew's Cathedral at 11 St Andrew's Rd.

Conclusion

Raffles City Tower is definitely a highly sought after commercial building as it is centrally located near to Singapore’s Financial Central Business District. There are a myriad of facilities in-house and nearby to cater for all your needs. For more details, please contact the relevant personnel.

Night View

Night View


Net Lettable Area

Retail: 421,676 sq ft Non-Retail: 380,320 sq ft Total: 801,996 sq ft

Number Of Leases

Retail: 224 Office: 51 Hotels & Convention Centre: 1

Car Park Lots

1046

Title

Leasehold tenure of 99 years with effect from 16 July 1979

Purchase Price in 2006

S$866.4 million (40.0% interest) S$2,166.0 million (100.00% interest)

Valuation

S$2,833.0 million (100.0% interest) S$1,133.2 million (40.00% interest)

Gross Revenue

S$86.8 million (40.0% interest)

Net Property Income

S$63.5 million (40.0% interest)

Committed Occupancy

Retail: 100.0% Office: 97.7% Total: 98.9%

Shopper Traffic In 2011

36.8 million

Key Retail Tenants

Robinson & Co., Wing Tai Clothing, Jay Gee Enterprises, TES 07 Pte Ltd, Food Junction

Raffles City Tower

Raffles City Tower

Did You Know?

1. Malacca street which connects Market Street to D ‘Almeida street is one of the oldest street in Singapore that exist before 1836. It was named after the Malaccan city in Malaysia for unknown reasons. Previously this street is a commercial area lined with single or double-storeyed shophouses , home to many merchants and brokers. Today, it reserved its role as a commercial area lined with many commercial building in the financial hub.

2. Telok Ayer Street during the immigrant days , it was lined with religious institutions such as the Al Abrar Mosque, Nagore Durgha Mosque, Thien Hock Keng Temple and Fu Tak Chi Temple. Here the immigrants offer their prayers to thank their gods for their safe journey here.

3. Raffles House in Fort Canning was where the founder of Singapore Sir Stamford Raffles stay in. He built this house in 1823. Currently this historical site is a heritage place visited by many.

4. The "long bar" found in Raffles Hotel is where the famous Singapore Cocktail " Singapore Sling " was first mixed.