John Hancock Tower
John Hancock Tower 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. It is freehold. 27 transactions are on record since 1995, at a median S$1,223 psf, most recently in Jul 2024. 4 units are currently listed for rent. ACRA records 1,241 live company registrations at this address.
What are the key facts about John Hancock Tower?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 14.0
- Tenure
- Freehold
- District / Area
- District 1 · Downtown Core
- Address
- 6 Raffles Quay
- Land area
- 1,273 sqm
- Completed
- Not on record
- Storeys
- 27 (© OpenStreetMap contributors)
- Strata units (MCST)
- 20
- Managing agent
- SMART PROPERTY MANAGEMENT (SINGAPORE) PTE LTD
- Strata formed
- 1995 (MCST 1917)
- Submarket
- Raffles Place
- Units with a recorded sale
- At least 18
- Listed as
- Office
- Transactions on record
- 27 (records start 1995)
- Live listings
- 4
- ACRA registrations
- 1,241
What are the specs at John Hancock Tower?
- Facilities
- car park
- Source: CommercialGuru
About John Hancock Tower
John Hancock Tower is a commercial property in Downtown Core (District 01). It is located along Raffles Quay, Singapore 048580.
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 site is freehold. It occupies roughly 1,273 sqm of land with about 21,237 sqm of gross floor area.
27 transactions have been recorded here, at a median of S$1,223 psf. The most recent was in July 2024.
1,239 businesses are currently registered at this address with ACRA.
The nearest MRT is Raffles Place MRT, 257 m away (about a 4-minute walk). The closest bus stop (Raffles Pl Stn Exit F) is 65 m away (about a 1-minute walk). Republic Plaza is 206 m away (about a 3-minute walk).
What is John Hancock Tower zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 14.0
- Urban design area
- Udga
- Central Area
- Yes
What has John Hancock Tower sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2024 | Office | S$36.00M | 10,129 sqft | $3,554 |
| May 2016 | Office | S$28.00M | 10,129 sqft | $2,764 |
| Oct 2014 | Office | S$23.80M | 10,129 sqft | $2,350 |
| Jul 2008 | Office | S$22.00M | 10,129 sqft | $2,172 |
| Aug 2006 | Office | S$14.69M | 10,129 sqft | $1,450 |
| Mar 2006 | Office | S$13.27M | 10,129 sqft | $1,310 |
| Mar 2006 | Office | S$13.27M | 10,129 sqft | $1,310 |
| Mar 2006 | Office | S$13.27M | 10,129 sqft | $1,310 |
| Oct 2005 | Office | S$9.62M | 10,129 sqft | $950 |
| Nov 2004 | Office | S$4.65M | 4,306 sqft | $1,080 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at John Hancock Tower rent for?
Office space on Raffles Quay
Street level · 2026Q3S$ per sq ft per month · median +2.4% on a year earlier
URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space on Raffles Quay
Street level · 2026Q3S$ per sq ft per month · median -19.8% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 1 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 1 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around John Hancock Tower
- Prime office: Capital value S$3,200 psf · Net yield 3.7%
- Core CBD (Grade A): Rent S$12.50 psf/mth · Vacancy 3.3%
- Core CBD (Grade B): Rent S$9.15 psf/mth
- Core CBD: Rent S$9.40 psf/mth · Vacancy 4.5%
- Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m sq ft
Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
How fast units move at John Hancock Tower
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at John Hancock Tower?
- 2 Apr 2026ApprovedFloor 14Change of use to commercial school
Proposed change of use of unit #14-XX to commercial school
- 2 Sept 2025ApprovedFloor 15Change of use to foreign system school
Proposed change of use of unit #15-XX to foreign system school
- 9 May 2025ApprovedFloor 15Change of use to commercial school
Proposed change of use of unit #15-XX to commercial school
- 29 Nov 2023Agency worksFloors 1, 2Change of use to gym/fitness centre
Lodgment for proposed use of units #01-XX and #02-XX as gym/fitness centre
- 23 Nov 2023ApprovedAdditions & alterations
Proposed retention of escalator within unit #01/02-02 in the existing 25 storey office development with basement on lot 00566k ts01 at 6 raffles quay singapore 048580 (downtown core planning area)
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
How does Raffles Quay price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near John Hancock Tower?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $82.69 | $99.35 | $120.39 |
| Level 1 · 30 & Below | $172.73 | $245.52 | $332.57 |
| B1 & Below · 30 & Below | $87.33 | $172.91 | $321.72 |
| Level 2 & 3 · >30 - 100 | $77.43 | $95.09 | $183.52 |
| Level 1 · >30 - 100 | $106.77 | $168.33 | $217.05 |
| B1 & Below · >30 - 100 | $117.40 | $198.29 | $365.38 |
| Level 1 · >100 - 300 | $115.69 | $148.57 | $187.43 |
| B1 & Below · >100 - 300 | $148.73 | $233.33 | $396.56 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 2 · 100 & Below | $54.65 | $69.39 | $88.80 |
| Category 1 · 100 & Below | $103.62 | $122.24 | $132.43 |
| Category 1 · >100 - 200 | $116.28 | $126.99 | $148.35 |
| Category 2 · >100 - 200 | $65.57 | $82.87 | $97.63 |
| Category 1 · >200 - 500 | $114.67 | $128.09 | $145.77 |
| Category 2 · >200 - 500 | $64.83 | $82.57 | $94.73 |
| Category 1 · >500 - 1000 | $106.56 | $137.78 | $148.23 |
| Category 2 · >500 - 1000 | $85.04 | $89.34 | $109.80 |
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.
What is available at John Hancock Tower right now?
For rent (4)
- Center of CBD, High Floor, Connected to MRT, Squarish LayoutS$13k/mo · 1,365 sqft
- Raffles Quay Offices - Various Sizes AvailableS$5k/mo · 204 sqft
- 6 Raffles Quay6 agentsS$12k/mo · 1,450 sqft
- Heart of Raffles PlaceS$9k/mo · 958 sqft
What is near John Hancock Tower?
Getting around
- Raffles Place MRT257 m · ~4 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at John Hancock Tower
nearest MRT/LRT Raffles Place (EW14/NS26) 63 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 10, about 18,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 10,000 residents within 1 km (June 2026). Ranked against 485 office buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.
Stations within 1 km
- Raffles Place (EW14 / NS26)63 m · about 133,000 weekday taps
- Downtown (DT17)252 m · about 51,000 weekday taps
- Telok Ayer (DT18)287 m · about 37,000 weekday taps
- Shenton Way (TE19)463 m · about 32,000 weekday taps
- Marina Bay (NS27 / CC33 / TE20)603 m · about 13,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to John Hancock Tower. Transfers between lines don't tap, so interchanges read low.
Bus
10 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Cecil St - M Arket St) (URA)92 m
- Backlane (Boon Tat St - Mccallum St) (URA)320 m
- Backlane (Boon Tat St) (URA)352 m
- Boon Tat St (URA)369 mS$1.20 per half-hour at midday on a weekday · 17 car lots
- Backlane (Boon Tat St - Amoy St) (URA)389 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.7 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. John Hancock Tower's own car park, if it has one, and its charges are not in the open data.
Who's registered at John Hancock Tower?
- Wholesale and retail trade404
- Financial and insurance227
- Information and communications212
- Professional, scientific and technical services198
- Real estate77
- Transportation and storage47
- Administrative and support services22
- Manufacturing17
- Education9
- Health and social services8
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
What is John Hancock Tower's BCA building profile?
- BCA building type
- Office
- Green Mark
- NA (NA)
- Energy use intensity
- 256 kWh/m²·yr
Frequently asked questions about John Hancock Tower
Where is John Hancock Tower?⌄
John Hancock Tower is at 6 Raffles Quay, Singapore 048580, in the Downtown Core planning area.
What is John Hancock Tower zoned as?⌄
John Hancock Tower sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.
What is the tenure of John Hancock Tower?⌄
John Hancock Tower is freehold.
What have units at John Hancock Tower sold for?⌄
Across 27 recorded transactions, the median price is S$1,223 psf. The latest was in July 2024.
What is the nearest MRT station to John Hancock Tower?⌄
Raffles Place MRT is the closest, 257 m away (about a 4-minute walk).
How many businesses are registered at John Hancock Tower?⌄
1,239 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on John Hancock Tower.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.