CommercialCOMMERCIALDistrict 1 · Downtown Core

Raffles Xchange

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

Raffles Xchange 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. 1 unit is currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Raffles Xchange?

Key takeawayRaffles Xchange is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
15.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
Land area
657 sqm
Transactions on record
None recorded
Live listings
1
ACRA registrations
0

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 Raffles Xchange

Raffles Xchange is a commercial building in Downtown Core (District 01). It is located along Raffles Place (Raffles Place MRT Station).

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

It occupies roughly 657 sqm of land with about 31,730 sqm of gross floor area.

The nearest MRT is Raffles Place MRT, 14 m away (about a 0-minute walk). The closest bus stop (OUE Bayfront) is 184 m away (about a 3-minute walk). One Raffles Place is 59 m away (about a 1-minute walk).

3

What is Raffles Xchange zoned as?

Key takeawayRaffles Xchange 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

Run the full zoning report for this building →

4

What do commercial rents run near Raffles Xchange?

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 available at Raffles Xchange right now?

Key takeaway1 unit is currently listed at Raffles Xchange. One row per unit; several agents often market the same unit.

For rent (1)

  • Raffles XchangeS$15k/mo · 186 sqft

Browse every listing at this building →

6

What is near Raffles Xchange?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 14 m away.

Getting around

Amenities nearby

Raffles Place MRT Exit A · 14 mRaffles Place Pk · 45 mDr Will Medical Clinic Pte Ltd · 58 mOne Raffles Place · 59 mMarket Street Hawker Centre · 163 mOUE Bayfront · 184 mHotel · 206 mPlace Of Worship · 208 mAl Marche Pte Ltd · 383 mKreta Ayer Community Club · 989 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Raffles Xchange?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

8

Frequently asked questions about Raffles Xchange

Where is Raffles Xchange?

Raffles Xchange is at Raffles Place (Raffles Place MRT Station), in the Downtown Core planning area.

What is Raffles Xchange zoned as?

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

Have there been any recorded transactions at Raffles Xchange?

No caveats have been lodged for Raffles Xchange 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 Xchange?

Raffles Place MRT is the closest, 14 m away (about a 0-minute walk).

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