CommercialMRT / LRT1.2 km radius

Commercial buildings near Raffles Place MRT

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

PropKaki tracks 200 commercial buildings within 1.2 km of Raffles Place MRT, the nearest being Raffles Xchange (~14 m). Most sit on COMMERCIAL land, with HOTEL next. Across 686 recorded transactions in the last 5 years, the median price is about S$2.01M (S$2,771 psf).

1

Which commercial buildings are near Raffles Place MRT?

Key Takeaway

200 buildings are tracked within 1.2 km of Raffles Place MRT, the nearest being Raffles Xchange (~14 m).

Showing 30 of 200 tracked buildings.

Straight-line distances from Raffles Place MRT.

2

What do commercial properties in Downtown Core sell for?

Key Takeaway

In the last 12 months, 141 transactions in Downtown Core closed at a median of about S$1.45M (S$2,495 psf); over five years the median is S$2.01M across 686 deals.

Transactions (12m)

141

URA/JTC records

Transactions (5y)

686

URA/JTC records

Median price (12m)

S$1.45M

recent deals

Median PSF (12m)

S$2,495 psf

strata & land mix

Figures describe Downtown Core, the planning area most of these buildings sit in — approximate for the station's radius, which has no exact transaction boundary.

Use typeTransactionsMedian PSF
Office492S$2,703 psf
Retail188S$3,036 psf
Shop House6—
3

What is commercial land within 1.2 km of Raffles Place MRT zoned as?

Key Takeaway

Most tracked buildings within 1.2 km of Raffles Place MRT sit on COMMERCIAL land, followed by HOTEL (URA Master Plan).

COMMERCIAL · 175HOTEL · 8WHITE · 7RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 3
4

Frequently asked questions

Which commercial buildings are near Raffles Place MRT?⌄

PropKaki tracks 200 commercial buildings within 1.2 km of Raffles Place MRT, the nearest being Raffles Xchange (~14 m). Distances are straight-line from the station.

What is commercial land near Raffles Place MRT zoned as?⌄

Of the tracked buildings within 1.2 km of Raffles Place MRT, 175 sit on COMMERCIAL land, 8 sit on HOTEL land, 7 sit on WHITE land, 3 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land under the URA Master Plan.

For agents · in the PropKaki app

Found the unit? Now check the asking price against the evidence.

PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.

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Is $6.50 psf a fair monthly rent for a B1 factory unit in Ubi?

Ubi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.

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