Raffles Xchange
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.
What are the key facts about Raffles Xchange?
- 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
- Completed
- Not on record
- Storeys
- Not on record
- Listed as
- Food & Beverage, Other Retail
- 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.
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).
What is Raffles Xchange zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 15.0
- Urban design area
- Udga
- Central Area
- Yes
What does space at Raffles Xchange rent for?
Retail space — District 1 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 1 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 Xchange
- Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
How fast units move at Raffles Xchange
Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.
What do commercial rents run near Raffles Xchange?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $82.69 | $99.35 | $120.39 |
| Level 1 · 30 & Below | $172.73 | $245.52 | $332.57 |
| B1 & Below · 30 & Below | $87.33 | $172.91 | $321.72 |
| Level 2 & 3 · >30 - 100 | $77.43 | $95.09 | $183.52 |
| Level 1 · >30 - 100 | $106.77 | $168.33 | $217.05 |
| B1 & Below · >30 - 100 | $117.40 | $198.29 | $365.38 |
| Level 1 · >100 - 300 | $115.69 | $148.57 | $187.43 |
| B1 & Below · >100 - 300 | $148.73 | $233.33 | $396.56 |
Office rents — Central Area ($ 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 Xchange right now?
For rent (1)
- Raffles XchangeS$24k/mo · 2,200 sqft
What is near Raffles Xchange?
Getting around
- Raffles Place MRT14 m · ~0 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Raffles Xchange
nearest MRT/LRT Raffles Place (EW14/NS26) 14 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 8, about 18,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 8,377 residents within 1 km (June 2026); 8 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.
Stations within 1 km
- Raffles Place (EW14 / NS26)14 m · about 133,000 weekday taps
- Telok Ayer (DT18)343 m · about 37,000 weekday taps
- Downtown (DT17)479 m · about 51,000 weekday taps
- Chinatown (NE4 / DT19)669 m · about 97,000 weekday taps
- Clarke Quay (NE5)682 m · about 31,000 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 Xchange. Transfers between lines don't tap, so interchanges read low.
Bus
8 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Cecil St - M Arket St) (URA)180 m
- Backlane (Synagogue St - Church St) (URA)269 m
- Backlane (Lor Telok - Circular Rd) (URA)355 m
- Circular Rd (URA)374 mS$1.20 per half-hour at midday on a weekday · 34 car lots
- Backlane (Synagogue St ) (URA)383 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.5 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Raffles Xchange's own car park, if it has one, and its charges are not in the open data.
How many companies are registered at Raffles Xchange?
- 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.
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).
The facts are here — now get the verdict on Raffles Xchange.
Ask what a unit here would fetch, what the zone allows, or how it compares.
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