CommercialCOMMERCIALFreeholdDistrict 1 · Downtown Core

John Hancock Tower

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2024
Quick Summary

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, most recently in Jul 2024. 4 units are currently listed for rent. ACRA records 1,239 live company registrations at this address.

1

What are the key facts about John Hancock Tower?

Key takeawayJohn Hancock Tower is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held freehold.
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
Transactions on record
27 (records start 1995)
Live listings
4
ACRA registrations
1,239
2

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).

3

What is John Hancock Tower zoned as?

Key takeawayJohn Hancock Tower 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
BCA-verified envelope: allowable GFA 17,822 sqm · built 16,105 sqm · headroom 1,717 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has John Hancock Tower sold for?

Key takeawayAcross 27 recorded transactions since 1995, the median price is about S$12.15M, most recently in Jul 2024.
DateUsePriceAreaPSF
Jul 2024OfficeS$36.00M10,129 sqft$3,554
May 2016OfficeS$28.00M10,129 sqft$2,764
Oct 2014OfficeS$23.80M10,129 sqft$2,350
Jul 2008OfficeS$22.00M10,129 sqft$2,172
Aug 2006OfficeS$14.69M10,129 sqft$1,450
Mar 2006OfficeS$13.27M10,129 sqft$1,310
Mar 2006OfficeS$13.27M10,129 sqft$1,310
Mar 2006OfficeS$13.27M10,129 sqft$1,310
Oct 2005OfficeS$9.62M10,129 sqft$950
Nov 2004OfficeS$4.65M4,306 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.

5

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.

6

What do commercial rents run near John Hancock Tower?

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.

7

What is available at John Hancock Tower right now?

Key takeaway4 units are currently listed at John Hancock Tower. One row per unit; several agents often market the same unit.

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$5k/mo · 571 sqft

Browse every listing at this building →

8

What is near John Hancock Tower?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 257 m away.

Getting around

Amenities nearby

The Medical Centre Clinic (Hong Leong) · 61 mRaffles Place MRT Exit I · 64 mRaffles Pl Stn Exit F · 65 mAl Marche Pte Ltd · 183 mHotel · 185 mRaffles Place Pk · 199 mRepublic Plaza · 207 mMarket Street Hawker Centre · 278 mPlace Of Worship · 340 mKreta Ayer Community Club · 932 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at John Hancock Tower?

Key takeawayACRA records 1,239 live company registrations at this address, 626 of them in the last three years.
Live registrations
1,239
Registered last 3 years
626
Most common type
Local Company

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.

10

What is John Hancock Tower's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
256 kWh/m²·yr
11

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.

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