Raffles Place is the centre of the Financial District of Singapore and is located south of the mouth of the Singapore River. Managed by CapitaLand, Raffles City Singapore is a premier integrated complex comprising retail, commercial, hotels and convention centre space in the heart of Singapore. Raffles Place is a commercial space that includes buildings such as the Arcade, Clifford Centre, Straits Trading, Hong Kong Bank and OCBC Building — all situated within five minutes’ walking distance of one another. It was first planned and developed in the 1820s as Commercial Square to serve as the hub of the commercial zone of Singapore in the Raffles Town Plan. Located just above Raffles Place MRT, One Raffles Place shopping mall is designed to provide people living and working in Singapore’s business district with exciting shopping and dining options that they can enjoy every day. Because of its commercial character and high real estate value, Raffles Place has undergone many changes over more than 180 years, since its formation in the 1820s. However, it has remained the heart of Singapore’s financial district. The new downtown skyline includes buildings designed by world-famous architects such as I. M. Pei, Kenzo Tange, Philip Johnson, Helmut Jahn, Kevin Roche and Paul Rudolph.22 Raffles Place MRT station, with its three entrances, now occupies Raffles Place.
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