Raffles City Shopping Centre
Raffles City Shopping Centre is a commercial building in District 6 · Downtown Core, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 9.9. It is leasehold with roughly 52 years remaining. 1 transaction is on record since 1995, most recently in Jul 2006. 2 units are currently listed for rent. ACRA records 36 live company registrations at this address.
What are the key facts about Raffles City Shopping Centre?
- Asset class
- Commercial
- Land-use zone
- HOTEL
- Gross plot ratio
- 9.9
- Tenure
- Leasehold
- District / Area
- District 6 · Downtown Core
- Address
- 252 North Bridge Road
- Land area
- 30,816 sqm
- Transactions on record
- 1 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 36
About Raffles City Shopping Centre
Raffles City Shopping Centre is a commercial building in Downtown Core (District 06). It is located along North Bridge Road, Singapore 179103.
Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 9.9. It lies inside the Central Area.
The site is leasehold, with about 52 years remaining on the lease. It occupies roughly 30,816 sqm of land with about 320,490 sqm of gross floor area.
1 transaction has been recorded here, at a median of S$4,532 psf. The most recent was in July 2006.
36 businesses are currently registered at this address with ACRA.
The nearest MRT is City Hall MRT, 122 m away (about a 2-minute walk). The closest bus stop (Raffles Hotel) is 122 m away (about a 2-minute walk).
What is Raffles City Shopping Centre zoned as?
- Land-use zone
- HOTEL
- Gross plot ratio
- 9.9
- Urban design area
- Udga
- Central Area
- Yes
What has Raffles City Shopping Centre sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2006 | Retail | S$1672.63M | 369,055 sqft | $4,532 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does North Bridge Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Raffles City Shopping Centre?
Indicative area yield — District 6 retail
An INDICATIVE AREA yield for District 6 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 6 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $86.96 | $108.49 | $236.67 |
| Level 4 & Above · 30 & Below | $77.75 | $80.77 | $86.46 |
| Level 2 & 3 · 30 & Below | $48.39 | $78.51 | $106.03 |
| B1 & Below · 30 & Below | $77.78 | $100.00 | $179.77 |
| B1 & Below · >30 - 100 | $81.98 | $164.17 | $201.38 |
| Level 2 & 3 · >30 - 100 | $65.32 | $97.17 | $161.47 |
| Level 1 · >30 - 100 | $126.07 | $150.69 | $209.01 |
| Level 4 & Above · >30 - 100 | $64.90 | $77.38 | $97.45 |
Office rents — Central Area ($ psm/month, 2026Q2)
| Building class · size band | 25th pct | Median | 75th 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.
What is available at Raffles City Shopping Centre right now?
For rent (2)
- Raffles City Shopping Centre2 agentsS$42k/mo · 2,215 sqft
- City Hall | High Floor | Beautiful Sea And Bay View | Modern Fit-Out2 agentsS$42k/mo · 3,080 sqft
What is near Raffles City Shopping Centre?
Getting around
- City Hall MRT122 m · ~2 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Raffles City Shopping Centre?
- Live registrations
- 36
- Registered last 3 years
- 6
- 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.
Frequently asked questions about Raffles City Shopping Centre
Where is Raffles City Shopping Centre?⌄
Raffles City Shopping Centre is at 252 North Bridge Road, Singapore 179103, in the Downtown Core planning area.
What is Raffles City Shopping Centre zoned as?⌄
Raffles City Shopping Centre sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 9.9.
What is the tenure of Raffles City Shopping Centre?⌄
Raffles City Shopping Centre is leasehold. About 52 years remain on the lease.
What have units at Raffles City Shopping Centre sold for?⌄
Across 1 recorded transaction, the median price is S$4,532 psf. The latest was in July 2006.
What is the nearest MRT station to Raffles City Shopping Centre?⌄
City Hall MRT is the closest, 122 m away (about a 2-minute walk).
How many businesses are registered at Raffles City Shopping Centre?⌄
36 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.
The facts are here — now get the verdict on Raffles City Shopping Centre.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.