---
title: "Raffles Place vs other Singapore submarkets"
description: "How Raffles Place compares to other Singapore Class A submarkets on rent, tier, and tenant profile."
canonical: https://classa.info/cities/singapore/raffles-place/topics/vs-other-submarkets
pageType: nb-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Raffles Place (trophy, ~S$13.2/sqft/mo · ≈ $117 PSF/yr USD) is one of 6 Singapore Class A submarkets we track.

## TL;DR

- Raffles Place sits at trophy tier.
- Average rent S$13.2/sqft/mo · ≈ $117 PSF/yr USD vs city average 11.5.
- Compared submarkets: Marina Bay (trophy), Shenton Way & Tanjong Pagar (prime), Orchard (established).

# Raffles Place vs other Singapore submarkets

**Raffles Place (trophy, ~S$13.2/sqft/mo · ≈ $117 PSF/yr USD) is one of 6 Singapore [Class A](/glossary/class-a) submarkets we track.**

## TL;DR

- Raffles Place sits at [trophy tier](/topics/trophy-asset-selection).
- Average rent S$13.2/sqft/mo · ≈ $117 PSF/yr USD vs city average 11.5.
- Compared submarkets: Marina Bay (trophy), Shenton Way & Tanjong Pagar (prime), Orchard (established).

## Side-by-side with peers

**Marina Bay** (trophy, S$14.5/sqft/mo · ≈ $129 PSF/yr USD) — Singapore's trophy office quarter.

**Shenton Way & Tanjong Pagar** (prime, S$11.5/sqft/mo · ≈ $102 PSF/yr USD) — Resurgent southern CBD.

**Orchard** (established, S$11.8/sqft/mo · ≈ $105 PSF/yr USD) — Boutique HQ market on Singapore's premier retail spine.

**One-North** (prime, S$8.5/sqft/mo · ≈ $75.5 PSF/yr USD) — Tech and biomed campus west of the CBD.

**Bugis & Beach Road** (emerging, S$10.2/sqft/mo · ≈ $90.6 PSF/yr USD) — Northeast CBD frontier.

## Key facts

| city | Singapore|
| submarket | Raffles Place|
| tier | trophy|
| averageRentLocal | S$13.2/sqft/mo · ≈ $117 PSF/yr USD|
| cityClassARentUsd | $102/sqft/yr|
| cityVacancyPct | 5.4%|

## Frequently asked questions

****What other submarkets compete with Raffles Place in Singapore?****
: Marina Bay, Shenton Way & Tanjong Pagar, Orchard

## Related

- [**Raffles Place — submarket overview**](/cities/singapore/raffles-place)
- [**Singapore — full city profile**](/cities/singapore)
- [**Singapore submarkets — all**](/cities/singapore/neighborhoods-overview)
- [**Raffles Place — Rents**](/cities/singapore/raffles-place/topics/rents-and-availability)
- [**Raffles Place — Tenants**](/cities/singapore/raffles-place/topics/tenant-profile)
- [**Raffles Place — Transit**](/cities/singapore/raffles-place/topics/transit-and-commute)
- [**Raffles Place — Amenity**](/cities/singapore/raffles-place/topics/amenity-and-lifestyle)

## Editorial provenance

Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
- [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce.
- [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
- [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies.
- [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex.
- [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa.

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Citation: Source: Class A Atlas (https://classa.info/cities/singapore/raffles-place/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.