One Raffles Place
Singapore

One Raffles Place

One Raffles Place, comprising One Raffles Place Tower 1, One Raffles Place Tower 2 and One Raffles Place Shopping Mall, is a prominent and iconic integrated commercial development with Grade A building specifications strategically located in the heart of Singapore's main financial district Raffles Place.

One of the tallest buildings in the Singapore central business district (“CBD”), One Raffles Place Tower 1 comprises a 62-storey Grade A office building, with a rooftop restaurant and observation deck offering panoramic views of the city skyline. One Raffles Place Tower 2 is a 38-storey Grade A office completed in 2012.

Offering a diverse range of shopping, dining and leisure options which cater to the needs of the working population in the CBD, One Raffles Place Shopping Mall is a six-storey retail podium that has undergone extensive refurbishment works which were completed in May 2014. In 2019, the mall completed an asset enhancement initiative which improved circulation areas and created more open retail space on its ground and second floors. It is currently the largest purpose-built shopping mall in Raffles Place.

Situated above and with a direct underground link to the Raffles Place MRT interchange station through the basement of its retail podium, One Raffles Place enjoys excellent connectivity along the North-South and East-West MRT lines, as well as easy accessibility to other developments within Raffles Place as well as Marina Bay.

One Raffles Place Tower 1 is certified Green Mark Gold by the Building and Construction Authority, while One Raffles Place Tower 2 is certified Green Mark Platinum.

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Title One Raffles Place Tower 1:
841-year leasehold title commencing
1 November 1985
One Raffles Place Tower 2:
99-year leasehold title commencing
26 May 1983
One Raffles Place Shopping Mall:
The retail podium straddles two land plots-
  • approximately 75% of the retail podium net lettable area is on a 99-year leasehold title commencing 1 November 1985
  • the balance 25% is on the 841-year leasehold title commencing 1 November 1985
Gross Floor Area (sq m) Approximately 119,614.4
Net Lettable Area (sq m) 65,465.5
Committed Occupancy 92.5%1
Valuation (S$) 1,799.7 million2
Location 1 Raffles Place, Singapore
Ownership Interest 83.33% interest in OUB Centre Limited, which owns 81.54% beneficial interest in One Raffles Place
  1. As at 31 December 2020
  2. Based on valuation of OUB Centre Limited’s 81.54% beneficial interest in One Raffles Place as at 31 December 2020