Office Space for Rent

City Hall / Marina Centre, Bugis & Beach Road

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All rates shown are Official Asking Rates in S$ per sq ft per month inclusive of service charge. These rates are negotiable.

1. Top Premium Office Space For Rent in Beach Road / Marina Centre
S$10.00 - $14.00 psf / per month

Looking for premium CBD offices for rent but not restricted to the prime Raffles Place / Downtown area? If so, then the Marina Bay / Beach Road district has some great choices of top quality office space for lease. Centennial Tower has long been the premier office building in the Marina Bay area but some of the new schemes on Beach Road have world-class in standards.

The Offices

This location has become established as a significant part of the Financial District and is dominated by the massive mixed use scheme of Suntec City. This development includes 4 x 45-storey offices towers and one 18-storey tower, providing a total of 2.3 million sq ft of prime office space for rent. The other important office buildings in this location include Millenia Tower, Centennial Tower and Raffles Link. There is also office space for rent in Marina Centre but this is predominately co-working space / serviced offices.

The offices for rent in Suntec City provide good quality, practical office space for lease with efficient layout. The interior finishing within all 5 tower towers has recently undergone a major make-over. Designed by Tsao & McKown Architects, with emphasis on Chinese feng shui, there are 4 convention office towers plus the smaller Tower 5 positioned in the shape of a hand, which is holding a golden ring i.e. The Fountain of Wealth. This probably compensates for the fact the development was built on reclaimed land. The low-rise floors have a 14,000 sq ft floor plate, mid-rise floors 12,000 sq ft and high-rise floors 10,000 sq ft. Millenia Tower, which was built in 1996, has a larger floor plate of 18,000 sq ft with higher specification including raised flooring, excellent natural lighting and astonishing sea views. Centennial Tower, completed in 1998, also with an 18,000 sq ft floor plate, has the highest specification of all the buildings in this area, having efficient column free design, raised flooring, full height windows and superb East Coast views.

The Amenities

The area is now served by 2 MRT stations, namely Promenade and Esplanade, with City Hall also within walking distance. The area is also a retail hub with Suntec City being one of the largest malls in Singapore, comprising of 4-storey retail mall providing some 880,000 sq ft (the largest in Singapore until the opening of Vivo City in 2016) plus a 1 Million sq ft exhibition center. The other retail malls include Marina Square and Millenia Walk. There are ample car parking within Suntec City, providing a massive 3,200 parking spaces and the design is based on Disneyland cark park, which is colour and image coordinated. Other car parks can be found at Millenia Walk and Marina Square.

There are many high quality hotels in the area including The Ritz Carlton, The Conrad Centennial, The Pan Pacific, The Marina Mandarin and The Mandarin Oriental.

The History

The 106-hectare Marina Centre, the earliest to be developed, is the smallest of the three plots of reclaimed land around Marina Bay. In 1978, the Urban Redevelopment Authority (URA) launched the inaugural sale of land in Marina Centre and, for the first time, foreign developers were invited to participate in the tender. By 1985, the Marina Square shopping complex was opened, followed by a string of hotels: Marina Mandarin, Pan Pacific Singapore and Mandarin Oriental Singapore. In the subsequent decades, Millenia Walk, Suntec City and the Singapore Flyer were added to the area.

Suntec City was always intended to be an extension of the financial district but was very slow to ‘take off’ or be accepted / recognized. Tower 5 was the first tower to be completed in 1994. It was originally designed for hotel use and then it was decided that the massive 30,000 sq ft floor plates could be of interest to banks, which were seeking very large footprints but were unable to find suitable options on the core of the financial district. And so it was, after a very slow launch, the first tenant was Swiss Bank UBS who secured 4 floors. This was the catalyst that put Suntec City ‘on the map’ and the leasing activity accelerated and the rest, as they say, ‘is history’. Towers 1 & 2 were completed in phase 2 in 1995 and the final phase 3 including Towers 3 & 4 were completed in 1996.

2. Prime Offices for Rent in City Hall / Marina Centre and Bugis
S$8.00 - $10.00 psf / per month

This district is made up of the civic area of City Hall, the business hub of the Marina Bay area and the fringe CBD location of Bugis. If looking for office space for lease in the best address in City Hall, then Raffles City Tower should be the building of choice. If seeking to be located in a major business hub offering good ‘value for money’ commercial office space for rent, then the 5 towers at Suntec City is a good option. If looking for corporate office space for lease at affordable rates, on the edge of the CBD then both Bugis Junction Towers and Parkview Square are excellent choices.

The Offices

This location is still classed as being within the Financial District although is less dominated by financial institutions, compared with the ‘Golden Shoe’ area of Raffles Place /Shenton Way/Tanjong Pagar. Raffles City Tower is the landmark office tower in this area and other well established buildings include Peninsular Plaza, The Adelphi and Odeon Towers. These buildings are popular with lawyers because of the close proximity of the law courts (High Court and Supreme Court). The area is often referred to as The Civic District, as it houses many Government bodies. The Treasury Department has its own building on High Street, along with the Ministry of Trade and Industry and the Economic Development Council is located in Raffles City Tower. A string of Government agencies have secured space in the recently completed Funan Centre next to Peninsula Plaza, including The Department of Statistics, The Attorney General’s Office and the Smart Nation and Digital Government Office (SNDGO).

The Amenities

The area is served by City Hall MRT on the original East West line and is just one stop from Raffles Place. There are many hotels in the district from the high end Raffles Hotel and JW Marriott Hotel at South Beach, with upper range choices being Swissotel and Fairmont Hotel. Affordable options include Grand Park Hotel & Carlton Hotel, with the economy option being Peninsular Excelsior Hotel. The retail scene in City Hall is bustling with a modern 5-storey shopping center at Raffles City Shopping Centre, 4-storey retail mall at Funan, 5-storey retail podium at Peninsula Plaza and other retail outlets in The Adelphi, High Street Centre and Bras Basah Complex. Evening entertainment is focused on Chijmes and the bars along Seah Street.

The History

Raffles City Complex was built on the former site of Raffles Institute on North Bridge Road. This road is the main thoroughfare running through the City Hall district. It is one of the oldest roads in Singapore and was constructed by GD Coleman between 1833 and 1835, and built by convict labour. The road was a route for trams, trolley buses and was called the "Big Horseway" in the past. The road is crossed by Stamford Road, which was named after the modern founder of Singapore, Thomas Stamford Raffles. It was formerly known as Hospital Street. In Hokkien, it was formerly known as lau chui khe or "flowing water road", due to the high tide of the now covered up Stamford Canal, which often overflowed its banks. The road used to house the Saint Andrew's School from the late 19th century till 1941 when it moved to Woodsville Hill. The site was taken by the now demolished National Library in 1960 until it was demolished in 2005 to make way for the new Fort Canning Tunnel.

The area is the location of the famous Raffles Hotel, which started as a privately owned beach house built in the early 1830s. It first became Emerson's Hotel when Dr. Charles Emerson leased the building in 1878. Upon his death in 1883, the hotel closed, and the Raffles Institution stepped in to use the building as a boarding house until Dr. Emerson's lease expired in September 1887.

Almost immediately after the first lease expired, the Sarkies Brothers leased the property from Syed Mohamed Alsagoff, its owner, with the intention of turning it into a high-end hotel. A few months later, on December 1, 1887, the ten-room Raffles Hotel opened. Its proximity to the beach and its reputation for high standards in services and accommodations made the hotel popular with wealthy clientele.

3. Affordable / Low Cost Offices for Lease in Beach Road
S$6.00 - $8.00 psf / per month

Other than Tanjong Pagar, this is the location that offers some of the most competitive office space for rent in Singapore. The Gateway and The Concourse are both situated just outside the CBD buit within esy access of an MRT station. Beach Centre is the home of the original/first WeWork facility to open in Singapore and Odeon Towers is worthy of note but is actually a City Hall location.

The Offices

This location is a growing commercial office district on the edge of CBD, with a number of significant commercial developments completed in recent years. These included South Beach Tower (500,000 sq ft of office space) and Duo Tower (570,000 sq ft of office space) and another major mixed use scheme, Gucco Midtown (650,000 sq ft of office space) is scheduled for completion in 2022. Shaw Tower is due to be redeveloped in the coming years, that will further enhance this location as a business address. Other important office buildings in this area include The Gateway designed by IM Pei and the distinctive looking office tower The Concourse. Paul Rudolph designed The Concourse as a "Tropical Skyscraper". His use of solar shading, wide overhangs, and communal gardens and external balconies has some similarities with the ideas advanced by Ken Yeang for the bioclimatic skyscraper. Other office space can also be found in this location in buildings such as The Plaza, Beach Centre and Bulk Haul House. A number of multinational companies have their own stand-alone buildings, such as Diners Club and Great Eastern Life Insurance. Beach Road is dissected by Rochor Road on the CBD boundary. Those properties to the East of Rochor Road are outside the CBD and those to the West are inside the CBD.

The Amenities

Beach Road is a long road which is served by 4 MRT stations. Those buildings to the far West would use either Esplanade or City Hall MRT stations, those buildings in the middle would use Bugis MRT station and those buildings at the East of Beach Road, would use Nichol Highway MRT station. There are numerous bus routes servicing this district, as it is a main feeder route to the core of financial district. There are several high end hotels in the area including JW Marriott at South Beach and the Hyatt Andaz Hotel at Duo Tower. Mid-range hotels would include The Plaza Hotel and there are many budget / boutique hotels in this location. There ample eateries in the vicinity with many using either Suntec City Bugis Junction or Golden Mile Food Centre as their destination of choice for lunch. There are residential schemes in Duo Tower, The Concourse, City Gate and The Plaza.

The History

Beach Road is a road located within the planning areas of Kallang and Rochor. It starts at its junction with Crawford Street and runs in a generally southerly direction. It enters the CBD at its junction with Rochor Road and ends at its junction with Stamford Road and St. Andrew's Road to the south. As its name implies, Beach Road used to run along Singapore's southern coast, before land reclamation took place in the Kallang Basin area.

The first land reclamation beyond the foreshore line was in 1843 alongside Beach Road which provided land to build the Alhambra and Marlborough Cinemas, a police station and the Singapore Volunteer Corps Headquarters and Drill Hall (later converted to the Singapore Infantry Regiment Headquarters). Further land reclamation began around the 1880s, gradually robbing Beach Road of its sea frontage. Over the years, Nicoll Highway and later Marina Square and Suntec City were all built on reclaimed land, pushing Beach Road even further inland.

Leasing Options by District

Offices for rent in Raffles Place / Downtown
Office space for rent in Shenton Way / Tanjong Pagar
Offices for rent in City Hall / Marina Centre / Bugis
Office Rentals Orchard / Dhoby Ghaut
Office space for rent on Edge of CBD
Office space for rent Outside CBD
Singapore Office District Guide

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