CommercialCOMMERCIALDistrict 1 · Downtown Core

Republic Plaza

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Republic Plaza is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 14.0. 83 units are currently listed for sale or rent. ACRA records 5,170 live company registrations at this address.

1

What are the key facts about Republic Plaza?

Key takeawayRepublic Plaza is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
9 Raffles Place
Land area
820 sqm
Completed
1998 (per Wikipedia)
Storeys
66 (per Wikipedia)
Submarket
Raffles Place
Listed as
Office, Food & Beverage, Shop / Shophouse
Transactions on record
None recorded
Live listings
83
ACRA registrations
5,170

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 Republic Plaza

Republic Plaza is a commercial building in Downtown Core (District 01). It is located along Raffles Place, Singapore 048619.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 14. It lies inside the Central Area.

It occupies roughly 820 sqm of land with about 102,875 sqm of gross floor area.

5,389 businesses are currently registered at this address with ACRA.

The nearest MRT is Raffles Place MRT, 169 m away (about a 3-minute walk). The closest bus stop (Raffles Pl Stn Exit F) is 80 m away (about a 1-minute walk). Republic Plaza is 128 m away (about a 2-minute walk).

3

What is Republic Plaza zoned as?

Key takeawayRepublic Plaza sits on land zoned COMMERCIAL with a gross plot ratio of 14.0, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
14.0
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: allowable GFA 11,480 sqm · built 102,356 sqm · headroom -90,876 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 does space at Republic Plaza rent for?

Key takeawayNo rent is published for Republic Plaza itself. On its street, Raffles Place, office space rented at a median of $11.60 psf a month in 2026Q3, with the middle half of leases between $11.00 and $12.20. That is not this building's own rent, and never a quote for a particular unit.

Office space on Raffles Place

Street level · 2026Q3
25th pct
$11.00
$118.40 psm
Median
$11.60
$124.87 psm
75th pct
$12.20
$131.33 psm

S$ per sq ft per month · median +7.4% on a year earlier

2023Q4 · $116.78 psm2026Q3 · $124.87 psm median

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 Raffles Place

Street level · 2026Q3
25th pct
$12.24
$131.70 psm
Median
$20.21
$217.57 psm
75th pct
$34.88
$375.40 psm

S$ per sq ft per month · median +8.7% on a year earlier

2023Q4 · $230.33 psm2026Q3 · $217.57 psm median

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 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 psm

S$ 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).

5

Market context around Republic Plaza

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Prime office: Capital value S$3,200 psf · Net yield 3.7%
  • Core CBD (Grade A): Rent S$12.50 psf/mth · Vacancy 3.3%
  • Core CBD (Grade B): Rent S$9.15 psf/mth
  • Core CBD: Rent S$9.40 psf/mth · Vacancy 4.5%
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Raffles Place: Rent S$11.54 psf/mth · Vacancy 4.5% · Planned / under construction 0.36m sq ft
Singapore Office MarketBeat Q2 2026

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.

6

How fast units move at Republic Plaza

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 81 units for rent; 2 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 8 new listings appeared and 11 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 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.

7

What's been approved at Republic Plaza?

Key takeawayURA has approved 12 changes of use at Republic Plaza since 2000, most recently in 2026. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 9 Jul 2026ApprovedFloor 1
    Change of use to restaurant and bar with live entertainment

    Proposed change of use of unit #01-XX to restaurant and bar with live entertainment at republic plaza

  2. 19 May 2026Renewed
    Continued use as bar/pub

    Continued use of part of 64th storey lounge as bar/pub

  3. 14 May 2026RenewedFloor 2
    Continued use as restaurant and bar with live entertainment

    Continued use of unit #02-XX and #02-XX from restaurant to restaurant and bar with live entertainment at republic plaza

  4. 17 Nov 2025ApprovedFloor 9
    Change of use to office

    Proposed change of use of units #09-XX, #09-XX, #09-XX and #09-XX to office at republic plaza

  5. 24 Jul 2024ApprovedFloor 2
    Change of use: restaurant → restaurant and bar with live entertainment

    Proposed change of use of unit #02-XX and #02-XX from restaurant to restaurant and bar with live entertainment at republic plaza

  6. 5 Feb 2024Approved
    Additions & alterations

    Proposed additions & alterations works to existing republic plaza involving new perforated screening at rooftop on lot 00596a ts01 at 9, raffles place

  7. 14 Jul 2023Renewed
    Continued use as bar/pub

    Continued use of part of 64th storey lounge as bar/pub

  8. 29 May 2023ApprovedFloor 6
    Change of use: office → office with ancillary cafe

    Proposed change of use of 6th storey (unit #06-XX) from office to office with ancillary cafe at republic plaza

  9. 20 Sept 2022ApprovedFloor 2
    Change of use to medical clinic

    Proposed change of use of unit #02-XX and circulation corridor at part 2nd storey to medical clinic at republic plaza

  10. 29 Apr 2022Approved
    Additions & alterations

    Proposed addition and alteration works involving removal of inter-tenancy staircase and new slab at 25th and 26th storey of republic plaza at 9 raffles place on lot 00194t, 00200m, 00292c, 00376x, 00378c, 00380l, 00382m, 00596a, 00597k, 99252x, 99255m, 99257v, 99260v, 99262t, 99263a, 99268c, 99270l, 99271c, 99272m, 99438a ts01 at 9 raffles place

  11. 19 Jun 2020Renewed
    Continued use as bar/pub

    Continued use of part of 64th storey lounge as bar/pub

  12. 27 Apr 2020Approved
    Additions & alterations

    Proposed additions and alterations to 63rd storey & decanment of gfa of m&e rooms of existing republic plaza on lots 292c, 380l, 382m, 99252x, 99255m, 99257v, 99260v, 99262t, 99263a, 99268c, 99270l, 99271c, 99272m, 99438a, 376x, 378c, 596a, 597k, 200m, 194t ts 01 at 9 raffles place (downtown core planning area)

17 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).

8

What do commercial rents run near Republic Plaza?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
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, 2026Q3)

Floor level · size band25th pctMedian75th 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 band25th pctMedian75th 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.

9

What is available at Republic Plaza right now?

Key takeaway83 units are currently listed at Republic Plaza — 2 for sale and 81 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • Republic PlazaS$28.00M · 5,260 sqft
  • CBD Shophouse I Many Unit I Restaurant & Co-living I 1 call view 6unitS$28.00M · 4,400 sqft

For rent (81)

  • Republic PlazaS$18k/mo · 1,706 sqft
  • Republic PlazaS$17k/mo · 1,507 sqft
  • Republic PlazaS$11k/mo · 947 sqft
  • Republic PlazaS$18k/mo · 1,582 sqft

Browse every listing at this building →

10

What is near Republic Plaza?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 169 m away.

Getting around

Amenities nearby

Raffles Place MRT Exit J · 5 mRaffles Pl Stn Exit F · 80 mShenton Medical Group (Republic Plaza) · 89 mRaffles Place Pk · 111 mRepublic Plaza · 129 mHotel · 169 mMarket Street Hawker Centre · 206 mAl Marche Pte Ltd · 252 mPlace Of Worship · 269 mKreta Ayer Community Club · 938 m

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Republic Plaza

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 4 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 15 public car parks are within 500 m.
Foot traffic: busier than 96% of office buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 4 m, about 133,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 9, about 18,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 9,768 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

  • Raffles Place (EW14 / NS26)4 m · about 133,000 weekday taps
  • Telok Ayer (DT18)280 m · about 37,000 weekday taps
  • Downtown (DT17)336 m · about 51,000 weekday taps
  • Shenton Way (TE19)545 m · about 32,000 weekday taps
  • Chinatown (NE4 / DT19)679 m · about 97,000 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 Republic Plaza. Transfers between lines don't tap, so interchanges read low.

Bus

9 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)50 m
  • Backlane (Synagogue St - Church St) (URA)332 m
  • Backlane (Boon Tat St) (URA)374 m
  • Backlane (Boon Tat St - Mccallum St) (URA)378 m
  • Boon Tat St (URA)385 m
    S$1.20 per half-hour at midday on a weekday · 17 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.6 km away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Republic Plaza's own car park, if it has one, and its charges are not in the open data.

12

Who's registered at Republic Plaza?

Key takeaway5,170 live companies (and LLPs and branches; sole proprietors are not counted) list Republic Plaza as their registered address. These are registered businesses, not who occupies the space.
  • Financial and insurance
    2,164
  • Professional, scientific and technical services
    887
  • Wholesale and retail trade
    693
  • Information and communications
    560
  • Transportation and storage
    195
  • Administrative and support services
    195
  • Real estate
    128
  • Manufacturing
    111
  • Accommodation and food services
    45
  • Education
    41

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.

13

What is Republic Plaza's BCA building profile?

BCA building type
Office
Green Mark
Platinum (2018)
Energy use intensity
183 kWh/m²·yr
14

Frequently asked questions about Republic Plaza

Where is Republic Plaza?⌄

Republic Plaza is at 9 Raffles Place, Singapore 048619, in the Downtown Core planning area.

What is Republic Plaza zoned as?⌄

Republic Plaza sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 14.

Have there been any recorded transactions at Republic Plaza?⌄

No caveats have been lodged for Republic Plaza 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 Republic Plaza?⌄

Raffles Place MRT is the closest, 169 m away (about a 3-minute walk).

How many businesses are registered at Republic Plaza?⌄

5,389 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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