One Raffles Quay

One Raffles Quay
Name	One Raffles Quay
Status	Completed
Location	Raffles Place, Singapore
Architect	Kohn Pedersen Fox
Owner	Chevron Corporation (original anchor), Keppel Land (developer)
Floor count	50
Building type	Commercial offices
Opened	2005

One Raffles Quay One Raffles Quay is a commercial office complex in the central business district of Singapore near Raffles Place and Marina Bay. The complex sits adjacent to landmarks such as the Marina Bay Sands, Esplanade – Theatres on the Bay, Fullerton Hotel Singapore and the Singapore River, and it occupies a strategic site close to institutions like the Monetary Authority of Singapore, Singapore Exchange, Asian Development Bank regional offices and multinational corporations including Standard Chartered, HSBC, J.P. Morgan, Goldman Sachs and Morgan Stanley.

Introduction

One Raffles Quay comprises two towers developed on a reclaimed waterfront parcel at Marina Boulevard in the Downtown Core, a precinct that includes Raffles Place MRT station, Marina Bay Financial Centre, Clifford Pier and the historic Boat Quay. The project was initiated by developer Keppel Land in collaboration with international firms such as Kohn Pedersen Fox and financial partners that included Chevron Corporation and regional investors like CapitaLand-linked entities, positioning the complex within Singapore’s skyline alongside structures like UOB Plaza, OCBC Centre and Republic Plaza.

Architecture and design

The architectural concept was designed by Kohn Pedersen Fox with structural engineering input from firms that have worked on landmark projects including Petronas Towers and One World Trade Center-adjacent consultants; the towers exhibit a modernist glass-and-steel aesthetic similar to contemporaries such as Commerzbank Tower and The Shard. The complex incorporates a podium linking the twin blocks, engineered systems influenced by standards from LEED and regional guidelines adopted by the Building and Construction Authority of Singapore, and façade treatments that respond to the tropical climate like solutions used at Marina Bay Financial Centre and Asia Square Tower 1.

Facilities and amenities

The podium-level retail and dining cluster serves tenants and visitors with outlets comparable to precincts at ION Orchard, Raffles City and Marina Bay Sands Shoppes, while basement levels provide parking, bicycle facilities and services akin to those at Suntec City and VivoCity. The complex includes conference facilities, tenant-only fitness centres, and building management operations coordinated with municipal services such as those of the Urban Redevelopment Authority and Land Transport Authority for precinct planning and integrated utility management similar to collaborations at Changi Business Park.

Tenants and occupancy

Major financial and energy-sector tenants historically anchored occupancy, with multinational firms like Chevron Corporation having established regional offices and financial institutions including Standard Chartered Bank, HSBC, J.P. Morgan, Goldman Sachs, Morgan Stanley, Bank of America and Deutsche Bank occupying floors in patterns resembling tenancy mixes at One Raffles Place and Marina Bay Financial Centre. Law firms, professional services groups, and corporate headquarters for entities such as Baker McKenzie, Ernst & Young, KPMG and regional trading houses have also leased space, reflecting tenant profiles comparable to Shenton House and Asia Square.

Ownership and development

The development was led by Keppel Land with strategic partnerships and financing involving regional and global investors, following precedents set by consortium-led projects such as Marina Bay Financial Centre and Mapletree Business City. Ownership interests and asset management have evolved with corporate real estate transactions similar to those executed by CapitaLand, Ascendas, Temasek Holdings-linked funds and international real estate investment trusts like BlackRock-managed vehicles and GIC co-investments in Singapore office assets.

Transportation and access

One Raffles Quay benefits from multimodal access via proximate stations on the North South Line, East West Line and Circle Line through Raffles Place MRT station and pedestrian links to Marina Bay MRT station, with bus services converging along major corridors including Shenton Way and the Esplanade Drive network. The complex is integrated into the Downtown Core road system that connects to expressways such as the Ayer Rajah Expressway and East Coast Parkway and supports riverfront promenades linking to the Helix Bridge and Merlion Park tourist precinct.

Incidents and notable events

The site and towers have been featured in business coverage alongside major financial events like regional listings at the Singapore Exchange and corporate announcements from firms including Chevron Corporation, Standard Chartered and Goldman Sachs. The complex has also been a backdrop for urban planning discussions involving the Urban Redevelopment Authority and high-profile corporate moves similar to tenant relocations reported for Marina Bay Financial Centre and One Raffles Place; occasional service disruptions have triggered coordinated responses involving agencies such as the Singapore Civil Defence Force and Land Transport Authority.

Category:Skyscrapers in Singapore