The Arcade

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

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*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
The Arcade is a leasehold (99 yrs from 1979, 99 yrs from 1980, 999 yrs from 1826) commercial property. The development occupies a land area of 2,037 sqm and a Gross Floor Area of 28,234 sqm.

THE ARCADE is located along Collyer Quay in Downtown Core, in District 1. It is accessible through the nearest MRTs including Raffles Place NS26, EW14 and Telok Ayer DT18. Other nearby amenities include: 3 Grocerie(s): AL MARCHE PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, AP HOUSE PTE. LTD., and 3 Shopping Mall(s): THE ARCADE, CLIFFORD CENTRE, CHANGE ALLEY.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 4,008 psf in Sep 2023 for a 2,196 sqft unit for Office, S$ 6,999 psf in Mar 2024 for a 161 sqft unit for Shop. Its lowest recorded transaction was S$ 4,008 psf in Sep 2023 for a 2,196 sqft unit for Office, S$ 6,999 psf in Mar 2024 for a 161 sqft unit for Shop.

Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.

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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3
"1st floor has money changers and food stalls. 2nd floor has POSB ATM, 4D & Toto place, money changers and other small stalls. 3rd floor has a nice makan place, hairdressers. 5th floor onwards are offices."
K**** K****
Google Review     |   28 Jul 2022
5
"two floors of money changers. so very convenient"
I*** H*
Google Review     |   06 Jul 2022
4
"The best money exchangers are gathered here, competing for your business. It is more likely that you will get the best rates here than anywhere else."
S** S***
Google Review     |   10 May 2022
2
"Nice and quiet on a weekday afternoon. Watch out for the many smokers at the roadside."
K* L***
Google Review     |   01 May 2022
5
"The Arcade is a 20-storey office and retail tower with 3 levels of retail space, located at Raffles Place. It has an elegant office lobby to welcome tenants and visitors, and boasts excellent sea views from the office units. In addition to housing a wide array of shops, services, restaurants, cafes and confectioneries, The Arcades location in the financial and business heart of Singapore places it in close proximity to banks, financial institutions and reputable hotels. The Arcade is easily accessible via Raffles Place MRT station and also has numerous bus stops and taxi stands located nearby."
H***** A****
Google Review     |   20 Feb 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Sales Transaction of Collyer Quay (Limited to 10)

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Asking Price of THE ARCADE

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

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Rental Transactions of Collyer Quay

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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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Completion Date
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Listings

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thumb-images
10
$4,000,000

      • Shop
      • 99 years
      • S$ 10,600 psf
      • 11 Collyer Quay
      Alvin Chua Chua
      send_enquiry
      thumb-images
      9
      $4,408,000

          • Office
          • D1
          • 99 years
          • S$ 2,750 psf
          • Collyer Quay
          Blanche ONG
          send_enquiry

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          Property News

          Collective sale tender submission deadline for The Arcade extended

          Property News

          JUST SOLD: Ground-floor shop at The Arcade sold for $32,516 psf

          FAQs about THE ARCADE

          What is the nearest MRT Station to THE ARCADE ?
          The nearest MRT Station from THE ARCADE is Raffles Place EW14,NS26,DT18 MRT

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