Raffles City Tower
Raffles City Tower 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. 7 units are currently listed for rent. ACRA records 254 live company registrations at this address.
What are the key facts about Raffles City Tower?
- Asset class
- Commercial
- Land-use zone
- HOTEL
- Gross plot ratio
- 9.9
- Tenure
- Not on record
- District / Area
- District 6 · Downtown Core
- Address
- 250 North Bridge Road
- Land area
- 30,816 sqm
- Completed
- 1986 (per Wikipedia)
- Storeys
- 42 (per Wikipedia)
- Owner
- CapitaLand Integrated Commercial Trust (SGX filings)
- Submarket
- City Hall / Bugis
- Listed as
- Office, Other Retail
- Transactions on record
- None recorded
- Live listings
- 7
- ACRA registrations
- 254
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.
Who owns Raffles City Tower, and what is it valued at?
- Net lettable area
- 788,100 sq ft
- Committed occupancy
- 98.4% (as of 31 Dec 2025)
- Tenants
- 290
- Car-park lots
- 991
- Land tenure
- Leasehold tenure of 99 years with effect from 16 July 1979
- Green Mark
- BCA Green Mark Platinum
- Major tenants
- Accenture Pte. Ltd., Economic Development Board, RC Hotels (Pte) Ltd
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Raffles City Tower
Raffles City Tower is a commercial building in Downtown Core (District 06). It is located along North Bridge Road, Singapore 179101.
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.
It occupies roughly 30,816 sqm of land with about 320,490 sqm of gross floor area.
262 businesses are currently registered at this address with ACRA.
The nearest MRT is City Hall MRT, 154 m away (about a 2-minute walk). The closest bus stop (Raffles Hotel) is 140 m away (about a 2-minute walk). Chijmes is 60 m away (about a 1-minute walk).
What is Raffles City Tower zoned as?
- Land-use zone
- HOTEL
- Gross plot ratio
- 9.9
- Urban design area
- Udga
- Central Area
- Yes
What does space at Raffles City Tower rent for?
Office space on North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +2.5% on a year earlier
URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space on North Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -6.6% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 6 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 6 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around Raffles City Tower
- City Hall / Marina Centre: Rent S$11.36 psf/mth · Vacancy 3.2% · Planned / under construction 0.00m sq ft
- Bugis: Rent S$12.12 psf/mth · Vacancy 11.9% · Planned / under construction 0.56m sq ft
Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
How fast units move at Raffles City Tower
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What's been approved at Raffles City Tower?
- 10 May 2019ApprovedFloor B2Change of use: shop → massage establishment and #b2-xx and #b2-xx from restaurant to massage establish
Proposed change of use to unit #B2-XX from shop to massage establishment and #B2-XX and #B2-XX from restaurant to massage establishment of the existing raffles city shopping centre
- 28 Apr 2016ApprovedAdditions & alterations
Proposed additional cooling towers and filtration system at existing raffles city tower
- 4 Nov 2014ApprovedAdditions & alterations
Proposed additions & alterations works to floors 38th and 39th of an existing building on lot 00482m ts 11 raffles city tower at no. 250 north bridge road. singapore 179101
- 16 Jan 2014Agency worksFloor B1Change of use to restaurant
Lodgment for proposed use of units #B1-XX & #B1-XX as restaurant at 250 & 252 north bridge road, 2 stamford road and 80 bras basah road - raffles city shopping centre
- 11 Mar 2013ApprovedAdditions & alterations
Proposed additions and alterations and change of use from toilet to fan room at basement 1 of existing raffles city
- 20 May 2011ApprovedAdditions & alterations
Proposed amendment to approved additions & alterations at basement 3, basement 2, 1st storey, 2nd storey & 3rd storey of existing raffles city shopping centre
- 15 Apr 2011RefusedAdditions & alterations
Proposed a&a works to the existing raffles hotel & arcade and proposed new extension to raffles courtyard wing and new bungalow wing suites block
- 19 Jan 2010ApprovedAdditions & alterations
Proposed amendment to approved additions & alterations to basement 1, basement 2, basement 3 and 1st storey of existing raffles city
- 14 Jul 2009ApprovedAdditions & alterations
Proposed additions and alterations to existing raffles city
- 11 Jun 2009ApprovedAdditions & alterations
Proposed amendment to approved additions & alterations to basement 1, basement 2, basement 3 and 1st storey of existing raffles city
- 28 Apr 2009ApprovedFloor 1Additions & alterations
Proposed additions & alterations and change of use from retail to restaurant at #01-XX, 1st storey and addition of carpark lots at basement 2 and basement 3 to existing raffles city
- 4 Mar 2009ApprovedAdditions & alterations
Proposed additions & alterations to basement 1, basement 2, basement 3 and 1st storey of existing raffles city
13 earlier change-of-use and A&A decisions are on record since 2000.
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
How does North Bridge Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Raffles City Tower?
Indicative area yield — District 6 retail
An INDICATIVE AREA yield for District 6 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 6 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| B1 & Below · 30 & Below | $90.91 | $119.62 | $286.43 |
| Level 1 · 30 & Below | $81.61 | $93.33 | $107.01 |
| Level 4 & Above · 30 & Below | $80.57 | $83.33 | $94.29 |
| Level 2 & 3 · 30 & Below | $76.01 | $92.73 | $109.89 |
| Level 4 & Above · >30 - 100 | $67.39 | $75.36 | $96.63 |
| B1 & Below · >30 - 100 | $144.93 | $225.01 | $270.37 |
| Level 2 & 3 · >30 - 100 | $66.18 | $87.34 | $123.84 |
| Level 1 · >30 - 100 | $128.26 | $130.89 | $160.15 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 2 · 100 & Below | $54.65 | $69.39 | $88.80 |
| Category 1 · 100 & Below | $103.62 | $122.24 | $132.43 |
| Category 1 · >100 - 200 | $116.28 | $126.99 | $148.35 |
| Category 2 · >100 - 200 | $65.57 | $82.87 | $97.63 |
| Category 1 · >200 - 500 | $114.67 | $128.09 | $145.77 |
| Category 2 · >200 - 500 | $64.83 | $82.57 | $94.73 |
| Category 1 · >500 - 1000 | $106.56 | $137.78 | $148.23 |
| Category 2 · >500 - 1000 | $85.04 | $89.34 | $109.80 |
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 Tower right now?
For rent (7)
- Raffles City TowerS$14k/mo · 1,000 sqft
- Raffles City TowerS$12k/mo · 1,022 sqft
- Raffles City TowerS$11k/mo · 1,000 sqft
- Raffles City TowerS$10k/mo · 823 sqft
What is near Raffles City Tower?
Getting around
- City Hall MRT154 m · ~2 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Raffles City Tower
nearest MRT/LRT City Hall (NS25/EW13) 101 m, about 91,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 15, about 27,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 4,961 residents within 1 km (June 2026). Ranked against 485 office buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.
Stations within 1 km
- City Hall (NS25 / EW13)101 m · about 91,000 weekday taps
- Esplanade (CC3)184 m · about 15,000 weekday taps
- Bras Basah (CC2)381 m · about 10,000 weekday taps
- Bencoolen (DT21)605 m · about 20,000 weekday taps
- Bugis (EW12 / DT14)682 m · about 109,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Raffles City Tower. Transfers between lines don't tap, so interchanges read low.
Bus
15 bus stops within 400 m, with about 27,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Raffles City (development car park)33 mrates not published as open data
- Seah St (URA)265 mS$1.20 per half-hour at midday on a weekday · 8 car lots
- Blk 231 Bras Basah Basement Car Park (HDB)280 mS$1.20 per half-hour at midday on a weekday · gantry 1.9 m · 219 car lots
- Backlane (Seah St) (URA)294 m
- Purvis St (URA)337 mS$1.20 per half-hour at midday on a weekday · 43 car lots
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.
Nearest URA season parking: Kampong Glam Area, 1.1 km away, S$125/month.
Public car parks only, by straight-line distance, with the operator's published rates. Raffles City Tower's own car park, if it has one, and its charges are not in the open data.
Who's registered at Raffles City Tower?
- Financial and insurance176
- Wholesale and retail trade21
- Professional, scientific and technical services16
- Information and communications13
- Administrative and support services7
- Transportation and storage5
- Health and social services5
- Education3
- Manufacturing3
- Accommodation and food services3
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
Frequently asked questions about Raffles City Tower
Where is Raffles City Tower?⌄
Raffles City Tower is at 250 North Bridge Road, Singapore 179101, in the Downtown Core planning area.
What is Raffles City Tower zoned as?⌄
Raffles City Tower sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 9.9.
Have there been any recorded transactions at Raffles City Tower?⌄
No caveats have been lodged for Raffles City Tower 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 Raffles City Tower?⌄
City Hall MRT is the closest, 154 m away (about a 2-minute walk).
How many businesses are registered at Raffles City Tower?⌄
262 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 Tower.
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