CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Oxley @ Raffles

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Oxley @ Raffles is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 15.0. It is leasehold with roughly 62 years remaining. ACRA records 124 live company registrations at this address.

1

What are the key facts about Oxley @ Raffles?

Key takeawayOxley @ Raffles is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
15.0
Tenure
Leasehold
District / Area
District 1 · Downtown Core
Address
Land area
2,778 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
124

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 Oxley @ Raffles

Oxley @ Raffles is a commercial building in Downtown Core (District 01). It is located along Raffles Place, Singapore 048622.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 15. It lies inside the Central Area.

The site is leasehold, with about 62 years remaining on the lease. It occupies roughly 2,778 sqm of land with about 40,391 sqm of gross floor area.

124 businesses are currently registered at this address with ACRA.

The nearest MRT is Raffles Place MRT, 59 m away (about a 1-minute walk). The closest bus stop (OUE Bayfront) is 125 m away (about a 2-minute walk). One Raffles Place is 105 m away (about a 2-minute walk).

3

What is Oxley @ Raffles zoned as?

Key takeawayOxley @ Raffles sits on land zoned COMMERCIAL with a gross plot ratio of 15.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
15.0
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 41,670 sqm · built 37,129 sqm · headroom 4,541 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 do commercial rents run near Oxley @ Raffles?

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.

5

What is near Oxley @ Raffles?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 59 m away.

Getting around

Amenities nearby

Drs Thompson & Thomson Radlink Medicare · 32 mRaffles Place MRT Exit A · 62 mRaffles Place Pk · 82 mOne Raffles Place · 105 mOUE Bayfront · 125 mHotel · 162 mMarket Street Hawker Centre · 222 mPlace Of Worship · 261 mAl Marche Pte Ltd · 383 m

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at Oxley @ Raffles?

Key takeawayACRA records 124 live company registrations at this address, 51 of them in the last three years.
Live registrations
124
Registered last 3 years
51
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.

7

What is Oxley @ Raffles's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
223 kWh/m²·yr
8

Frequently asked questions about Oxley @ Raffles

Where is Oxley @ Raffles?

Oxley @ Raffles is at Raffles Place, Singapore 048622, in the Downtown Core planning area.

What is Oxley @ Raffles zoned as?

Oxley @ Raffles sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 15.

What is the tenure of Oxley @ Raffles?

Oxley @ Raffles is leasehold. About 62 years remain on the lease.

Have there been any recorded transactions at Oxley @ Raffles?

No caveats have been lodged for Oxley @ Raffles 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 Oxley @ Raffles?

Raffles Place MRT is the closest, 59 m away (about a 1-minute walk).

How many businesses are registered at Oxley @ Raffles?

124 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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