One Raffles Quay

Property Statistics As at 30 September 2019
Market Valuation
Market Valuation
S$1.3 billion1,2
NLA
Total Net Lettable Area
0.4 million sq ft1
Commited Occupancy
Committed Occupancy
97.0%
Net Property Income
Net Income Contribution
S$18.4 million
Location 1 Raffles Quay, Singapore 048583
Ownership Interest 33.3%
Title Leasehold 99 years from 2001
Purchase Price S$941.5 million
Car Park Lots 713

Notes:

  1. Reflects Suntec REIT's interest in the property.
  2. Based on the valuation as at 31 December 2018.

One Raffles Quay is a prime landmark commercial development located in the Marina Bay precinct comprising a 50-storey office tower (the “North Tower”) and a 29-storey office tower (the “South Tower”).

An underground pedestrian network connects the development to the Downtown and Raffles Place MRT stations with excellent connectivity and accessibility along the Downtown, North-South and East-West MRT lines.