Raffles Place is best-fit for banking, professional services, fund managers, regional hqs.

• Tier: trophy.
• Tenant fit: Banking, professional services, fund managers, regional HQs.
• Average rent S$13.2/sqft/mo · ≈ $117 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant fit: Banking, professional services, fund managers, regional HQs.
• Average rent S$13.2/sqft/mo · ≈ $117 PSF/yr USD.

Best fit

Banking, professional services, fund managers, regional HQs.

Less good fit

Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.

Key facts

Frequently asked questions

Is Raffles Place the right fit for my office?

Banking, professional services, fund managers, regional HQs. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

• Raffles Place — submarket overview
• Singapore — full city profile
• Singapore submarkets — all
• Raffles Place — Rents
• Raffles Place — Tenants
• Raffles Place — Transit
• Raffles Place — Amenity

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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