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Raffles Place is a commercial space located at the south of Singapore River. Known as the heart of Singapore’s Financial District, Raffles Place is occupied with skyscrapers like the UOB Plaza which is known to hold exhibitions, Change Alley where travellers can get their currency changed, and the Lau Pa Sat from where one can buy art and craft items and enjoy some cultural performances.
Raffles Place was Singapore’s earliest commercial buildings in 1820 known as Commercial Square. It was renamed as Raffles Place in 1858. Featured as one of the tallest buildings of Singapore and being of high real estate value, it had been declared a historical site by the National Heritage Board in September 1997. Some of the most prominent establishments at Raffles Place includes the very famous mall One Raffles Place, the UOB Plaza, Republic Plaza and the OCBC Centre. Singapore's signature icon, the Merlion, the finely crafted Durian-shaped art centre Esplanade Theatre and the Fullerton Hotel-Singapore are all located at the Raffles Place. Being the financial hub of the country, Raffles Place also has Singapore's stock exchange located in its vicinity. Important institutions like the Parliament House, the Supreme Court and the City Hall, are all situated towards the north of the river nearby.