CommercialCOMMERCIALDistrict 1 · Downtown Core

One Raffles Quay

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

One Raffles Quay 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. 19 units are currently listed for rent. ACRA records 454 live company registrations at this address.

1

What are the key facts about One Raffles Quay?

Key takeawayOne Raffles Quay 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
1 Raffles Quay
Land area
11,367 sqm
Transactions on record
None recorded
Live listings
19
ACRA registrations
454

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 One Raffles Quay

One Raffles Quay is a commercial building in Downtown Core (District 01). It is located along Raffles Quay, Singapore 048583.

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

It occupies roughly 11,367 sqm of land with about 147,698 sqm of gross floor area.

454 businesses are currently registered at this address with ACRA.

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 One Raffles Quay zoned as?

Key takeawayOne Raffles Quay 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 159,138 sqm · built 144,109 sqm · headroom 15,029 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

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 One Raffles Quay?

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 available at One Raffles Quay right now?

Key takeaway19 units are currently listed at One Raffles Quay. One row per unit; several agents often market the same unit.

For rent (19)

  • One Raffles QuayS$34k/mo · 2,487 sqft
  • One Raffles QuayS$45k/mo · 3,000 sqft
  • One Raffles QuayS$30k/mo · 2,000 sqft
  • One Raffles QuayS$38k/mo · 2,500 sqft

Browse every listing at this building →

7

What is near One Raffles Quay?

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.

8

How many companies are registered at One Raffles Quay?

Key takeawayACRA records 454 live company registrations at this address, 104 of them in the last three years.
Live registrations
454
Registered last 3 years
104
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.

9

What is One Raffles Quay's BCA building profile?

BCA building type
Office
Green Mark
Platinum (2016)
Energy use intensity
250 kWh/m²·yr
10

Frequently asked questions about One Raffles Quay

Where is One Raffles Quay?

One Raffles Quay is at 1 Raffles Quay, Singapore 048583, in the Downtown Core planning area.

What is One Raffles Quay zoned as?

One Raffles Quay sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.

Have there been any recorded transactions at One Raffles Quay?

No caveats have been lodged for One Raffles Quay 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 One Raffles Quay?

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

How many businesses are registered at One Raffles Quay?

454 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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