RAFFLES CITY SINGAPORE Raffles City Singapore is a prime landmark within the Civic and Cultural District and one of Singapore’s largest integrated developments. The development is served by the North-South Line, North-East Line and Circle Line, with direct access to City Hall MRT station and Esplanade MRT station. It comprises the 42-storey Raffles City Tower, 5-storey Raffles City Shopping Centre, Raffles City Convention Centre, the 73-storey Swissôtel The Stamford Singapore and the 28-storey twin-towers Fairmont Singapore. As at 31 December 2023 2024 Valuation (S$ million) 3,216.0 3,332.0 Gross Floor Area (sq ft) 3,449,700 3,449,700 Net Lettable Area (sq ft) Total Retail Office 788,100 406,600 381,500 787,900 406,400 381,500 Number of Tenants 290 290 Committed Occupancy (%) Total Retail Office 98.7 97.4 100 99.5 99.5 99.4 Gross Revenue1 (S$ million) 238.6 248.3 Trade Mix2 (%) Hospitality & Leisure 36.2 Food & Beverages 14.4 Fashion & Accessories 7.8 Beauty & Health 7.7 Government 6.3 IT & Telecommunications 5.8 Banking, Insurance & 4.8 Financial Services Books, Stationery & Gifts/ 3.0 Hobbies/ Sports Jewellery & Watches 2.7 Multi-Concepts 1.6 Supermarket 1.4 Other Office4 4.2 Other Retail4 4.1 Property Information Address 250 & 252 North Bridge Road, 2 Stamford Road and 80 Bras Basah Road Land Tenure Leasehold tenure of 99 years with effect from 16 July 1979 Purchase Price in 2006 S$2,166.0 million Carpark Lots 991 Bicycle Lots 12 Green Ratings BCA Green Mark GoldPlus Lease Expiry Profile2 (%) 19.0 16.1 4.5 3.1 36.5 2025 2026 2027 2028 2029 2030 and beyond 20.8 Major Tenants3 Accenture Pte. Ltd. Economic Development Board RC Hotels (Pte) Ltd 1 Gross revenue comprises gross rental income, car park income and other income for the respective financial year. 2 As at 31 December 2024, based on committed gross rental income which excludes gross turnover rent. 3 Based on gross rental income for the month of December 2024 which excludes gross turnover rent. 4 Other Office and Retail trade categories include: Energy & Natural Resources (1.5%), Distribution & Trading (1.5%), Home & Living (1.1%), Services (0.8%), Shoes & Bags (0.9%), Business Consultancy (0.9%), Digital & Appliance (0.5%), Kids (0.4%), Leisure & Entertainment (0.4%), Logistics & Supply Chain Management (0.2%), and Real Estate & Property Services (0.1%). 67 Annual Report 2024
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