Office Space in Raffles Place With Monthly Rental Rates Guide

One of the areas with the greatest concentration of office buildings in Singapore CBD is Raffles Place, which is also popularly known as the financial hub of the city. There is a high demand for office space in Raffles Place, particularly from MNCs. Due to their highly prestigious business address within the CBD, Raffles Place office rentals are popular with firms such as banks, service offices, financial institutions, insurance companies, and firms offering professional services, as well as firms in new technologies.

Click here to view a full list of office space available for rent near Raffles MRT station

Being the financial core of Singapore, Raffles Place has some of the tallest buildings and landmarks in Singapore. The three tallest office buildings in Raffles Place are namely One Raffles Place Tower 1 having 62 floors, Republic Plaza with 66 floors and UOB Plaza I consists of 67 floors. All three buildings have an equal height of 280 meters and are ranked 123 among the tallest building in the world.

Raffles Place office rental options

Although Raffles Place office rental rates are among the highest in town, it offers a wide range of traditional office spaces that cater to businesses with various rental budgets and space requirements.

Raffles Place office rentals start at $6.50 per square foot in several of the smaller buildings, which makes it practically impossible not to find an appropriate Raffles Place office rental for any business.

For those looking for office space with a good corporate image, Raffles Place offers a range of grade A buildings like Ocean Financial Centre, Six Battery Road, One Raffles Place, Bank of Singapore, MYP Centre, 20 Collyer Quay, and Republic Plaza.

Additionally, there are several serviced offices and coworking spaces available for those who do not wish to commit to long-term leases. You can save money and start working as soon as you move into a serviced office or coworking space in Raffles Place, complete with office facilities and support services.

A few of the notable Raffles Place serviced offices are Servcorp @ Six Battery Road, The Executive Centre @ Ocean Financial Centre, Regus @ One Raffles Place, and Justco @ OCBC Centre.

Amazing Office Space By The Singapore River

At the north end of Raffles Place is the Singapore River. Battery Road, one of the main streets in Raffles Place, is lined with office buildings next to the Singapore River. These buildings have office spaces that offer a stunning view of the river.

If you find offices on Battery Road too expensive, you might consider Boat Quay. The Boat Quay area is next to Raffles Place, an iconic belt of shophouses with excellent dining and drinking options by the Singapore River. In addition to being the most popular after hours hang out spot for people working in nearby office buildings, Boat Quay also offers shophouse offices overlooking the Singapore River at very affordable rates.

► READ: Singapore Office Space in CBD with The Latest Rental Rates

Raffles Place MRT Station

Located underground, right at the heart of the commercial hub of Raffles Place is the Raffles MRT station. The station is an interchange of the East-West Line and North-South Line. It comprises 10 exits with underground linked way connecting the station to most of the major office buildings near Raffles Place.

Office Buildings near Raffles Place MRT Station

With the complex underground linked way from the Raffles Place MRT station to the office buildings around it, it can be a daunting task for someone to decide where to locate the new office space near Raffles Place MRT station. To overcome this, we have group the office space near Raffles Place  MRT station into two, with the first group consisting office space in the heart of Raffles place and the other on the fringe of Raffles Place MRT station.

Office Space in Raffles Place With Monthly Rental Rates Guide

This table provides the average monthly rental rates of office space near Raffles Place MRT station. You may use the rates to estimate your monthly rental budget for a Raffles Place office space using the average rental rate of respective building in the table multiply by the required floor area.

Updated on 06 July 2019

The data in this table is for reference only. We suggest you consult a real estate professional before making a transaction. for a recommendation of an office space finding expert, please click here. The service is absolutely FREE. 

► READ: Most Searched Singapore Office Space For Rent on Office Finder

Office Buildings in The Heart of Raffles place

There are a total of 18 office buildings located in the heart of Raffles Place bounded by Singapore River, Market Street, a short portion of Church Street and Cecil Street, and collyer Quay. There are well served by 7 exits from the underground Raffles MRT station excluding the direct linked way to some of the buildings sit above the station. These office buildings are the most sought after with some of the most prestigious business addresses in town. These include Raffles Place, Collyer quay, Battery Road and market Street. If you are considering office space near Raffles MRT station, these are the first group of buildings you should be exploring. Let’s look at the details of each building.

To view details, map, photos and available office space in these buildings, please click on the building name.

1) Ocean Financial Centre

Ocean Financial Centre is one of the newest grade A office building sitting above the Raffles MRT station. The building was completed in year 2011 and consists of 43 floors. It is served by Exit c and E of the Raffles MRT station.

2) Republic Plaza

Republic Plaza is one of the tallest office buildings in Raffles Place. The building was completed in year 1995 and underwent retrofitting works to enhance the energy efficiency of the building. The 66 floors grade A office building has a direct connection from the Raffles MRT station via Exit D.

3) MYP Centre

MYP Centre, formerly known as Straits Trading Building is another grade A office building located at Raffles Place. The building was redeveloped in year 2009 with 28 floors. It consists of two open terraces and 4 floors of car parking facility. MYP Centre is accessible via Exit B of the Raffles MRT station.

4) 20 Collyer Quay

20 Collyer quay, also known as Tung Centre is one of the few office buildings at Raffles place with open views towards the Marina Bay. The building was completed in year 1984 and underwent major refurbishment works in year 2008. The 24 floors grade A office building is accessible via Exit B of Raffles MRT station and underground connection at Change Alley.

5) Bank of Singapore Centre

Another notable office space near Raffles MRT station is Bank of Singapore Centre. The building completed major refurbishment works in year 2011 and is one of the premium office buildings in the Raffles Place area. Spreading over 22 floors, bank of Singapore Centre is easily accessible via Exit A of the Raffles MRT station. There is sheltered walkway if you choose to get to the MRT station via One Raffles Place.

6) Six Battery Road

Named after its address, Six battery Road is one of the four office buildings located by the Singapore River at Raffles place. The 42 floors grade A office building was completed in 1984 and underwent a $92 million refurbishment works which completed in 2013. It is accessible via Exit H of Raffles MRT station which located at the corner of the building.

7) One Raffles Place

Bearing the prestigious business address of 1 Raffles Place, One Raffles Place is one of the most sought after office space near Raffles MRT station. Being one of the tallest buildings in Raffles place, One Raffles place offers grade A office space with panoramic views of the Singapore skyline. The building comprises a twin office towers of 62 and 38 floors and are integrated with a 5-storey retail mall. The office towers are accessible via Exit B of Raffles MRT station and the sheltered direct linked way at basement 1 of its mall.

8) UOB Plaza I & II

Strategically located by the Singapore River, UOB Plaza I & II were completed in year 1992 and 1995 respectively. The riverfront twin office towers offer exceptional views of the Singapore skyline and river. UOB Plaza is accessible via Exit G of Raffles MRT station located at the building.

9) Income @ Raffles

Another sought after office space near Raffles MRT station is Income @ Raffles. This is a 37 floors prime office building completed in year 1992. The building is fronting the Marina bay offering spectacular views. It is easily accessible via the retail podium connecting Chevron House which has a direct underground connection to Raffles MRT station at basement level.

10) Chevron House

Another office building that sits above Raffles MRT station is Chevron House. The building comprises 33 floors was completed in year 1993. It shares a 4-storey retail podium with Income @ Raffles. The building has a direct underground assess to the Raffles MRT station via the basement retail level.

11) Singapore Land Tower

Located adjacent to Chevron house is Singapore Land Tower. This 44-storey office building was completed in year 1980. The building underwent major refurbishment works in 2003. Singapore Land Tower is one of the few office buildings with the Raffles place address of 50, Raffles Place.

12) GSH Plaza

GSH Plaza, formerly known as Equity plaza, is a newly refurbished strata office building located adjacent to Republic Plaza. The 28 floors office building consists of 2 retail levels completed major refurbishment works in 2016. It is accessible via Exit D of Raffles MRT station.

13) 55 Market Street

55 Market Street is a prime office building located between One Raffles Place and bank of Singapore Centre. The 16-storey office building underwent major refurbishment work in 2006. It offers affordable rent for businesses seeking an office space near Raffles MRT station.

14) The Arcade

The Arcade is one of the office buildings offering affordable office space near Raffles MRT station. This 20-storey office building has an integrated 3 levels retail podium and was completed in year 1980. Apart from the affordable rent, it offers small office space from 450 square feet. The building is accessible via Exit A of Raffles MRT station and the sheltered linked way via Change Alley.

15) Clifford Centre

Clifford Centre is another office building offering affordable office space near Raffles MRT station. Completed in 1980s, the 29-storey building comprises a 3 floor retail space is suitable for companies with lower budget and require a presence in Raffles Place. The building is accessible via Exit A and E of Raffles MRT station.

16) RB Capital Building

Located adjacent to the retail mall of One Raffles Place is RB Capital Building. The refurbished office building has a total floor count of 16. It offers small floor space office space near Raffles MRT station at reasonable rates. The building is accessible via Exit A of Raffles MRT station.

17) Malacca Centre

Malacca Centre is a 16 floors office building near Raffles MRT station. It comprises two levels of retail space on level 1 and basement level. Malacca Centre is one of the smallest office buildings at Raffles Place and offer affordable office space near Raffles MRT station. The building is accessible via Exit A of Raffles MRT station.

18) Bharat Building

Being one of the smallest office buildings at Raffles Place, Bharat Building offers affordable office space near Raffles MRT station. It is strategically located at 3 Raffles Place, adjacent to Exit D of Raffles MRT station.

► READ: Singapore Office Rental Rates Guide By District

Office Buildings on The Fringe of Raffles MRT Station

If for some reasons you did not find an ideal office space in the above list, here is another 10 office buildings with office space near Raffles MRT station for your consideration. These office buildings are surrounding the heart of Raffles Place and easily accessible via the Raffles MRT station.

19) OCBC Centre

OCBC Centre is a 52 floors office building with panoramic views of the city skyline. The building was completed in year 1976 and having two extended buildings namely OCBC Centre East and OCBC Centre South completed at a later date. The building is about 5 minutes’ walk from Exit B of Raffles MRT station.

20) Royal Group Building

Royal Group Building is a 19 floors prime office building. The building offers affordable office space near Raffles MRT station. It is about 5 minutes’ walk from Exit B of Raffles MRT station.

21) Royal One Philip

Located adjacent to Royal Group Building is Royal One Philip. This 16-storey office building is located at the junction of Philip Street and Chulia Street. It is about 3 minutes’ walk from Exit B of Raffles MRT station.

22) Samsung Hub

Samsung Hub is a prime office building located opposite GSH Plaza. The 30-storey office building offers quality office space near Raffles MRT station. The building is about 5 minutes’ walk from Exit F of Raffles MRT station.

23) Prudential Tower

Located adjacent to Samsung Hub is Prudential Tower. This is another prime office building with close proximity to Raffles place MRT station. The 30-storey office building is about 3 minutes’ walk from Exit F of Raffles MRT station.

24) CapitaGreen

Located 3 minutes away from Exit F of Raffles MRT station is the mega office tower known as CapitaGreen. This is a 40-storey grade A office building with large floor plate of up to 25,000 square feet. It is one of the most sought after office buildings in this area. The building is ideal for MNCs to house their regional head office.

25) Grace Global Raffles

The office building located next to Exit F of Raffles MRT station is Grace Global Raffles. This is a 15-storey office building completed its major refurbishment works in 2010.

26) Lucrum Capital Building

Sits above Exit I of Raffles MRT station is Lucrum Capital Building. This 19-storey prime office building is prominently located at the junction of Raffles Place and Marina bay. It was completed in year 1994 and completed its major refurbishment works in year 2008.

27) One Marina Boulevard

Located adjacent to OUE Bayfront is the prominent One marina Boulevard. This 32-storey grade A office building was completed in year 2003. It offers premium office space with views of Marina bay and the Singapore Coastal line. It has a direct underground linked way from Raffles MRT station.

28) OUE Bayfront

One of the most sought after office buildings with marina bay views is OUE Bayfront. The 18-storey grade A office building sits by the bay. The building is connected to other office buildings in Raffles Place via the OUE Link, a overhead bridge with retail space. It is also accessible via the underground linked way from Raffles MRT station.

We hope the above list is helpful to you when finding an office space near Raffles MRT station. If you like this article, please share it on your social media now.

To view a full list of available office space near Raffles MRT station, please click here. If you need help in finding an office space, let us recommend an office real estate agent with expertise in finding office space near Raffles MRT station.