Raffles City Shopping Centre

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Raffles City Shopping Centre is a leasehold (99 yrs from 1979) commercial property. The development occupies a land area of 30,816 sqm and a Gross Floor Area of 303,911 sqm.

RAFFLES CITY SHOPPING CENTRE is located along North Bridge Road in Downtown Core, in District 6. It is accessible through the nearest MRTs including City Hall EW13, NS25 and Esplanade CC3. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, SF (313) PTE. LTD., and 3 Shopping Mall(s): Raffles City, South Beach Avenue, Capitol Singapore.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 4,532 psf in Jul 2006 for a 369,055 sqft unit for Shop. Its lowest recorded transaction was S$ 4,532 psf in Jul 2006 for a 369,055 sqft unit for Shop.

Buyers and tenants are attracted to District 6, which consists of High Street, part of the Beach Road, City Hall and Clarke Quay areas. Most of the properties in this district are commercial in nature. Located within the Central Region and close to the Central Business District, District 6 is well-served by Singapore’s public transport network, with links to multiple MRT lines, namely the North-South line, East-West line, Downtown line, and North-East line. Residential land is extremely scarce in an area so close to the CBD and Downtown Core, so residential property in District 6 continue to enjoy strong demand from an upmarket crowd who wants to live, work and play within the city. Tourist attractions for both locals and tourists alike in the district include the City Hall, the Old Supreme Court, the Victoria Theatre and Concert Hall, the Asian Civilisations Museum and Parliament House. Shopping options are abundant within the district, with malls such as Raffles City and Bugis Junction. Clarke Quay also comes alive in the evening as diners frequent bars and restaurants located along the Singapore River, with wonderful views to match.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Very accessible. Just an escalator away from city hall mrt station. The mall has many relatively new stores opening this year; Paris baguette & marks&Spencer. There is a good variety of fast foods like subway mac's & many chocolate shops available to buy as gift like Royce, Godiva, awfully chocolate. There's also a water spurt fountain at the basement level good area to chill out."
C***** C****
Google Review     |   15 Jul 2022
4
"A nice place in which one could probably shop on almost anything. Food, cosmetics, jewellery, fashions and many more. Adequate parking lots and variety of authentic food outlets."
E***** C***
Google Review     |   05 Jul 2022
4
"Food basement has interesting options. Shopping is targeted towards the high end. Location is on the fringe of the city, but it also means that its less crowded and easier to walk around."
L***** T**
Google Review     |   05 Jun 2022
5
"This remains an upmarket shopping spot, as well as being known for medical services. The basement has many interesting restaurants. Besides the restaurants in the basement, there is a food court on top if you prefer local food. It's hard to find a seat during peak hours."
C**** L**
Google Review     |   28 Apr 2022
5
"Wide range of retail outlets as well locations for the discerning foody. Location for many of the high end brands. Proximity to the convention center and similar. Central. Go there and check it out for yourself!"
A**** T
Google Review     |   22 Mar 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of North Bridge Road

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Asking Price of RAFFLES CITY SHOPPING CENTRE

Source: URA, https://www.edgeprop.sg

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Rental Transactions of North Bridge Road

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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FAQs about RAFFLES CITY SHOPPING CENTRE

What is the nearest MRT Station to RAFFLES CITY SHOPPING CENTRE ?
The nearest MRT Station from RAFFLES CITY SHOPPING CENTRE is City Hall EW13,NS25,CC2,CC3 MRT

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