🇸🇬Singapore·Southeast AsiaASEAN
Institutional Advisory23 Active Mandates
grade a officeAvailable
One Raffles Place Tower 2
1 Raffles Place, Singapore 048616
Price
S$320,000,000
PSF
S$2,950
Net Yield
4.2%
Cap Rate
3.65%
Executive Summary
One Raffles Place Tower 2 is a premier Grade A office building located at the epicentre of Singapore's financial district. Connected to Raffles Place MRT interchange and surrounded by the headquarters of major international banks. The asset offers rare single-ownership scale in the most liquid commercial market in Southeast Asia.
Investment Highlights
- 97% occupancy — effectively full
- Direct underground connection to Raffles Place MRT
- Raffles Place retail podium at podium level
- Recently upgraded lobby and common areas (2024)
Asset Specifications
Efficient floor plates: 14,000 – 16,000 sq ft
Raised flooring system throughout
Dedicated lift lobby for tenant floors
Secure bicycle parking with showers
Smart building management system
Financial Summary
Asking PriceS$320,000,000
Price per sqftS$2,950
Net Lettable Area108,474 sqft (10,078 sqm)
Gross Yield4.2%
Capitalisation Rate3.65%
Occupancy Rate97%
WALE3.8 years
Year Built2000
Last Refurbished2024
Location
Map — 1.2842, 103.851
Raffles Place (NS26/EW14)Telok Ayer (DT18)
Exclusive Mandate
Direct representation by Murivest
Total Area
108,474 sqft
Documents
Mandated Advisor
Victoria Chen
singapore@murivest.com
+65 6123 4568
All information is confidential and provided for qualified investors only. Past performance is not indicative of future returns. All figures are indicative and subject to final due diligence. Murivest Realty Pte Ltd — Licensed Real Estate Agency.