143 Cecil Street: A Comprehensive Guide to the Iconic Singapore Landmark
History of 143 Cecil Street
Standing tall in the heart of Singapore's Central Business District (CBD), 143 Cecil Street is a historical landmark that has witnessed the city's transformation from a trading post to a global financial hub.
1970s: Construction and Early Years
- Completed in 1976, 143 Cecil Street was one of the tallest buildings in Singapore at the time.
- It was designed by famed architect IM Pei (I.M. Pei & Partners) and developed by City Developments Limited (CDL).
- The building's modern glass and steel façade stood in stark contrast to the traditional colonial architecture of the surrounding area.
1980s-1990s: Growth and Expansion
- 143 Cecil Street quickly became a sought-after address for businesses and financial institutions.
- It attracted major tenants, including HSBC, Citibank, and Standard Chartered Bank.
- The building underwent several renovations and expansions to accommodate the growing demand.
21st Century: Transformation and Rejuvenation
- In 2010, CDL embarked on a major redevelopment of 143 Cecil Street to transform it into a state-of-the-art office tower.
- The building was renamed One Raffles Place Tower and received a Green Mark Platinum certification for its sustainability features.
- Today, 143 Cecil Street continues to be a prominent landmark in Singapore's financial district, housing a mix of corporate headquarters, financial institutions, and other businesses.
Architectural Features of 143 Cecil Street
Unique Façade
- The building's striking glass and steel façade is composed of 3,000 tinted glass panels.
- This innovative design reflects the tropical sun while maximizing natural light, reducing energy consumption.
Luminous Canopy
- A luminous canopy illuminates the top of the building at night, creating a beacon visible throughout the city.
- The canopy consists of 50,000 LED lights and can display various colors and patterns.
Sustainable Design
- 143 Cecil Street has received a Green Mark Platinum certification for its sustainability features.
- These features include solar panels, rainwater harvesting, and energy-efficient lighting systems.
- The building is one of the most sustainable skyscrapers in Singapore.
Office Spaces and Amenities at 143 Cecil Street
Flexible Floor Plans
- 143 Cecil Street offers flexible floor plans, allowing businesses to customize their office spaces to suit their needs.
- The building has column-free floor plates, providing unobstructed views and efficient use of space.
Modern Amenities
- Tenants have access to a range of modern amenities, including high-speed internet, advanced security systems, and 24/7 access.
- The building also features a sky garden with lush greenery and panoramic city views.
Concierge Services
- A dedicated concierge provides a range of services, including reception, mail handling, and maintenance support.
- This allows businesses to focus on their core operations and enhance employee productivity.
Location and Accessibility of 143 Cecil Street
Central Location
- 143 Cecil Street is strategically located in the heart of Singapore's CBD, providing convenient access to major financial institutions, government agencies, and other businesses.
- It is adjacent to Raffles Place MRT station, connecting tenants to the city's extensive public transportation network.
Walkability and Amenities
- The building is within walking distance of numerous amenities, including shopping malls, eateries, and parks.
- This provides employees with a convenient and vibrant work environment.
Public Transportation
- Raffles Place MRT station is directly connected to 143 Cecil Street, offering access to the East-West Line and North-South Line.
- Several bus stops are also located nearby, providing additional transportation options.
Rent and Leasing Information
Competitive Rental Rates
- Rental rates at 143 Cecil Street are competitive within the CBD market.
- The building offers a range of leasing options to meet the varying needs of businesses.
Flexible Lease Terms
- Tenants can negotiate flexible lease terms, including short-term and long-term contracts.
- This allows businesses to adapt their office space requirements as needed.
Tenancy Profile of 143 Cecil Street
Diverse Mix of Tenants
- 143 Cecil Street houses a diverse mix of tenants, including financial institutions, multinational corporations, tech startups, and professional services firms.
- This creates a vibrant and dynamic work environment.
Prestigious Corporate Headquarters
- Several prominent companies have chosen 143 Cecil Street as their corporate headquarters, including DBS Bank, Standard Chartered Bank, and Singapore Exchange (SGX).
- This reflects the building's reputation as a prestigious and sought-after address within the CBD.
Advantages and Disadvantages of Leasing at 143 Cecil Street
Advantages
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Prime location in the heart of Singapore's CBD
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State-of-the-art office spaces with flexible floor plans and modern amenities
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Sustainable design with Green Mark Platinum certification
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Easy accessibility via Raffles Place MRT station and public transportation
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Competitive rental rates and flexible lease terms
Disadvantages
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Potential for higher traffic in the CBD area
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Limited parking availability in the immediate vicinity
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Premium rental rates compared to some other CBD locations
Frequently Asked Questions (FAQs)
1. What is the address of 143 Cecil Street?
143 Cecil Street, Singapore 069543
2. Who designed 143 Cecil Street?
I.M. Pei & Partners (architect) and City Developments Limited (developer)
3. When was 143 Cecil Street completed?
1976
4. How many floors does 143 Cecil Street have?
44 floors
5. What type of businesses occupy 143 Cecil Street?
A diverse mix of tenants, including financial institutions, multinational corporations, tech startups, and professional services firms
6. Does 143 Cecil Street have green features?
Yes, it has received a Green Mark Platinum certification for its sustainable design features.
7. Is 143 Cecil Street connected to public transportation?
Yes, it is directly connected to Raffles Place MRT station (East-West Line and North-South Line).
8. How do I lease office space at 143 Cecil Street?
Contact the building management or a commercial real estate agent who specializes in the CBD market.
Conclusion
143 Cecil Street is a landmark building in Singapore's CBD that offers a range of benefits to businesses seeking prime office space in a prestigious address. Its modern design, state-of-the-art amenities, and convenient location make it an attractive choice for companies of all sizes. While rental rates may be higher than some other CBD locations, the advantages of leasing at 143 Cecil Street often outweigh the costs, making it a smart investment for businesses looking to establish or expand their presence in Singapore's financial hub.
Tables
Table 1: Key Figures of 143 Cecil Street
Feature |
Figure |
Height |
228 meters (748 feet) |
Number of floors |
44 |
Floor plates |
1,500 square meters (16,000 square feet) |
Glass panels on façade |
3,000 |
LED lights in canopy |
50,000 |
Green Mark certification |
Platinum |
Table 2: Rental Rates at 143 Cecil Street
Grade |
Rent per square meter per month |
Grade A |
S$8-10 |
Grade B |
S$6-8 |
Grade C |
S$4-6 |
Table 3: Leasing Options at 143 Cecil Street
Lease Type |
Term |
Short-term lease |
1-3 years |
Long-term lease |
3-10 years |
Flexible lease |
Allows for space expansion or contraction during the lease term |