🇸🇬Singapore·Southeast Asia
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
Arrange Private ViewingRequest Full Details

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.