CommercialCOMMERCIALDistrict 1 · Downtown Core

Hong Leong Finance Building

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Hong Leong Finance Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 14.0. ACRA records 0 live company registrations at this address.

1

What are the key facts about Hong Leong Finance Building?

Key takeawayHong Leong Finance Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
Land area
Transactions on record
None recorded
Live listings
None
ACRA registrations
0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Hong Leong Finance Building

Hong Leong Finance Building is a commercial building in Downtown Core (District 01). It is located along Raffles Quay.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 14. It lies inside the Central Area.

The nearest MRT is Downtown MRT, 278 m away (about a 4-minute walk). The closest bus stop (One Raffles Quay) is 40 m away (about a 1-minute walk). Republic Plaza is 242 m away (about a 4-minute walk).

3

What is Hong Leong Finance Building zoned as?

Key takeawayHong Leong Finance Building sits on land zoned COMMERCIAL with a gross plot ratio of 14.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

How does Raffles Quay price?

Strata sales on the street (5y)
1

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

5

What do commercial rents run near Hong Leong Finance Building?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 1 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

6

What is near Hong Leong Finance Building?

Key takeawayThe nearest MRT/LRT is Downtown MRT, about 278 m away.

Getting around

Amenities nearby

The Medical Centre Clinic (Hong Leong) · 36 mOne Raffles Quay · 40 mRaffles Place MRT Exit I · 105 mAl Marche Pte Ltd · 165 mHotel · 198 mRaffles Place Pk · 240 mRepublic Plaza · 242 mMarket Street Hawker Centre · 311 mPlace Of Worship · 371 mKreta Ayer Community Club · 925 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Hong Leong Finance Building?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

8

Frequently asked questions about Hong Leong Finance Building

Where is Hong Leong Finance Building?

Hong Leong Finance Building is at Raffles Quay, in the Downtown Core planning area.

What is Hong Leong Finance Building zoned as?

Hong Leong Finance Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.

Have there been any recorded transactions at Hong Leong Finance Building?

No caveats have been lodged for Hong Leong Finance Building in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Hong Leong Finance Building?

Downtown MRT is the closest, 278 m away (about a 4-minute walk).

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