CommercialCOMMERCIALLeaseholdDistrict 1 · Downtown Core

Oxley @ Raffles

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2020
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. 4 transactions are on record since 1995, most recently in Jun 2020. 26 units are currently listed for rent. 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
30 Raffles Place
Land area
2,778 sqm
Transactions on record
4 (records start 1995)
Live listings
26
ACRA registrations
124
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.

4 transactions have been recorded here, at a median of S$10,696 psf. The most recent was in June 2020.

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).

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 has Oxley @ Raffles sold for?

Key takeaway4 transactions are on record since 1995, most recently in Jun 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2020RetailS$192.70M62,173 sqft$3,099
Jun 2020OfficeS$122.30M59,180 sqft$2,067
Dec 2017OfficeS$660.00M29,901 sqft$22,073
Sept 2010OfficeS$547.00M29,901 sqft$18,294

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

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.

6

What is available at Oxley @ Raffles right now?

Key takeaway26 units are currently listed at Oxley @ Raffles. One row per unit; several agents often market the same unit.

For rent (26)

  • 30 Raffles PlaceS$19k/mo · 1,763 sqft
  • CIMB PlazaS$16k/mo · 592 sqft
  • BNI TowerS$25k/mo · 1,800 sqft
  • Raffles PlaceS$10k/mo · 915 sqft

Browse every listing at this building →

7

What is near Oxley @ Raffles?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 59 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

K N Chin & Associates · 32 mRaffles Place MRT Exit A · 62 mRaffles Place Pk · 82 mOUE Bayfront · 125 mHotel · 162 mPlace Of Worship · 261 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

One Raffles Place · 105 mMarket Street Hawker Centre · 222 mAl Marche Pte Ltd · 383 m

Straight-line distances. Source: PropKaki amenities data.

8

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.

9

What is Oxley @ Raffles's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
223 kWh/m²·yr
10

Frequently asked questions about Oxley @ Raffles

Where is Oxley @ Raffles?

Oxley @ Raffles is at 30 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.

What have units at Oxley @ Raffles sold for?

Across 4 recorded transactions, the median price is S$10,696 psf. The latest was in June 2020.

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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