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| Location: |
Strategically located above and linked to Raffles Place MRT Station with high accessibility, wide connectivity and maximum visibility. |
| Lease type: |
Retail, F&B, lifestyle |
| Highlights: |
In the heart of the financial district, the former OUB Centre bears the prestigious address of 1 Raffles Place. The building affords excellent external connectivity to surrounding prime grade A offices and its mall enjoys significantly high foot traffic with direct link to the Raffles Place MRT Interchange via Raffles Xchange.
The area caters to a critical mass of well-heeled and high-income PMEBs.
One Raffles Place represents the only retail mall in Raffles Place that provides the ambience and scale akin to a shopping mall. Wide frontages overlook Raffles Place Park, offering maximum brand visibility. |
| Development: |
The existing six-storey mall (B1, L1 to L5) will have its external building facade revamped and extended, increasing retail NLA to showcase exciting new brands.
Interior finishes and the atrium will be refurbished to elevate shopping ambience.
Reconfigured layouts will improve circulation and inject more retail variety and offerings.
A new direct link will connect its office Tower 2 to the retail mall via level 4.
More F&B spaces will be introduced on higher floors to house new trendy cafes and restaurants. |
| Nett lettable area (NLA): |
Retail NLA : 99,000 sq ft (post revamp)
Office NLA : 860,000 sq ft (Tower 1: 63 storeys; Tower 2: 38 storeys) |
| Catchment: |
Sophisticated working professionals and PMEBs: current daily captive catchment of 340,000*, projected to be about 360,000 by 2014
High net work residents: existing residential population of 9,300, projected to increase to approximately 13,450 by 2014
Well-heeled international tourists: an estimated pool of 9,250 business and leisure travelers, expected to increase to 11,350 with more hotel developments by 2014
* Catchment figures above based on both primary & secondary trade areas within a radius of 1km |
|
| Contact: |
Adeline Tan
Associate Director
CEA Reg No.: R003865F |
Letty Lee
Director
CEA Reg No.: R003920B |
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