[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"estate-page-about-55-market-street.html-main":3},{"data":4},{"building":5,"active_tab":24,"tabs":25,"seo":40,"content":43,"updated_at":45},{"slug":6,"url":7,"can_email":8,"name":9,"property_label":10,"season_parking_url":11,"managing_agent_url":12,"website_url":11,"redeveloped_into":13,"redeveloped_from":14,"structured":15,"photos":23},"55-market-street","\u002F55-market-street.html",false,"55 Market Street","Office · Retail",null,"\u002Fmanaging-agents\u002Fjones-lang-lasalle-property-consultants-pte-ltd",[],[],{"mcst_no":16,"development_name":9,"location":17,"district":18,"mc_contact":11,"mc_contact_note":11,"mc_contact_2":11,"mc_contact_3":11,"mc_contact_4":11,"security_contact":11,"concierge":11,"fire_command_centre":11,"mc_email":11,"fax":11,"mc_address":19,"developer":11,"managing_agent":20,"managing_agent_contact":21,"leasing_contact":11,"season_parking":11,"website":11,"uen":22},"4895","55 Market Street 048941","D01 — Raffles Place, Marina, Cecil","55 Market Street #01- Singapore 048941","Jones Lang Lasalle Property Consultants Pte Ltd","6536 8554","T24MC0023J",[],"about",[26,29,33,36],{"key":27,"label":28,"url":7},"main","Management Office",{"key":30,"label":31,"url":32,"sitemap":8},"directory","Directory","\u002Fdirectory\u002F55-market-street.html",{"key":24,"label":34,"url":35},"About","\u002Fabout-55-market-street.html",{"key":37,"label":38,"url":39,"sitemap":8},"listings","Listings","\u002Flistings-55-market-street.html",{"title":41,"description":42,"canonical":35,"robots":11},"About 55 Market Street, Singapore 048941 | 999-Year CBD Tower","55 Market Street is a 16-storey, 999-year leasehold office tower at Raffles Place, sold to a Kajima unit in 2022 for about $286.9 million. Facts and MRT.",{"about_html":44},"\u003Ch2>About 55 Market Street\u003C\u002Fh2>\u003Cp>55 Market Street is a 16-storey office building with retail space at 55 Market Street, Singapore 048941, in the Raffles Place financial district, District 1. It stands on a compact site of about 6,575 square feet held on a 999-year lease. Property reports give a completion year of 2006 and a net lettable area of a little over 83,000 square feet, with office floors above retail levels at the base.\u003C\u002Fp>\u003Cp>The building has changed hands several times as a whole. It was part of the portfolio of Frasers Commercial Trust until 2018, then owned by the fund manager AEW, and has belonged to a Singapore unit of Japan's Kajima Corporation since 2022. In September 2025 Bloomberg reported that the tower had been mostly empty for months while the owner sought a buyer, first for individual floors and later for the whole building. Occupancy may have changed since.\u003C\u002Fp>\u003Ch3>Interesting facts\u003C\u002Fh3>\u003Cul>\u003Cli>\u003Cp>Frasers Commercial Trust sold the building to AEW in 2018 for $216.8 million.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>AEW refurbished it, with works finished in early 2020, and reconfigured the layout to add more than 11,000 square feet of lettable space.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Kajima's unit agreed to buy it in February 2022 for about $286.9 million, or roughly $3,450 per square foot of lettable area.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Market Street appears on G. D. Coleman's 1836 map of the town. It was long associated with Chettiar moneylenders, whose shophouses were demolished in 1982 and 1983.\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Ch3>Nearby\u003C\u002Fh3>\u003Cp>Raffles Place MRT (North-South and East-West lines) is about 2 minutes' walk, and Telok Ayer MRT (Downtown Line) about 5 minutes. Neighbours include CapitaSpring, Republic Plaza, CapitaGreen and 137 Market Street. Food options include the Market Street Hawker Centre in CapitaSpring and Lau Pa Sat, about 5 minutes away. Boat Quay and the Singapore River are a short walk north.\u003C\u002Fp>\u003Ch3>Key facts\u003C\u002Fh3>\u003Cul>\u003Cli>\u003Cp>Address: 55 Market Street, Singapore 048941\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>District: 1\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Property type: Office with retail\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Completed: 2006 (as reported); refurbished 2020\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Tenure: 999-year leasehold\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Storeys: 16\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Floor area: about 83,000 sq ft net lettable; about 91,100 sq ft gross\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>Nearest MRT: Raffles Place (NS\u002FEW), Telok Ayer (DT)\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>MCST: 4895\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>","2026-09-21T04:33:42.000000Z"]