The Downtown Core is the historical and downtown centre of the
city-state
A city-state is an independent sovereign city which serves as the center of political, economic, and cultural life over its contiguous territory. They have existed in many parts of the world throughout history, including cities such as Rome, ...
of
Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
and the main commercial area in Singapore excluding reclaimed lands with two
integrated resorts such as the
Marina Bay Sands, one of the most expensive buildings in the world, with a luxurious standalone casino at Bayfront Avenue. There are many skyscrapers in Raffles Place, Tanjong Pagar and Marina Bay CBD with a height limit of 280m. It is one of the eleven
planning area
Planning is the process of thinking regarding the activities required to achieve a desired goal. Planning is based on foresight, the fundamental capacity for mental time travel. Some researchers regard the evolution of forethought - the capaci ...
s located within the most urbanised
Central Area,
forming the latter's dense urban core. It is bounded by
Rochor
Rochor ( or ) is a Planning Areas of Singapore, planning area located within the Central Area, Singapore, Central Area of the Central Region, Singapore, Central Region of Singapore. Rochor shares boundaries with the following planning areas � ...
to the north,
Kallang
Kallang ( ) is a Planning Areas of Singapore, planning area and New towns of Singapore, residential zone located in the Central Region, Singapore, Central Region of Singapore.
Development of the town is centered around the Kallang River, the l ...
to the northeast,
Marina East and
Marina South to the east,
Straits View to the southeast,
Bukit Merah
Bukit Merah, also known as Redhill, is a Planning Areas of Singapore, planning area and New towns of Singapore, new town situated in the southernmost part of the Central Region, Singapore, Central Region of Singapore. The planning area borders T ...
to the south, as well as
Outram,
Museum
A museum is an institution dedicated to displaying or Preservation (library and archive), preserving culturally or scientifically significant objects. Many museums have exhibitions of these objects on public display, and some have private colle ...
and
Singapore River to the west.
As the financial Heart of Singapore, the Downtown Core houses the headquarters and offices of numerous corporations, as well as the
Singapore Exchange
Singapore Exchange Limited (SGX Group) is a Singapore-based exchange conglomerate, operating Equity (finance), equity, fixed income, currency and commodity markets. It provides a range of listing, trading, clearing, settlement, depository and ...
. The area is also home to many governmental institutions, notably the seat of
Parliament
In modern politics and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...
and the
Supreme Court of Singapore.
Singapore's modern history began in this area, when
Stamford Raffles
Sir Thomas Stamford Bingley Raffles (5 July 1781 – 5 July 1826) was a British Colonial Office, colonial official who served as the List of governors of the Dutch East Indies, governor of the Dutch East Indies between 1811 and 1816 and lieut ...
and representatives of the
British East India Company
The East India Company (EIC) was an English, and later British, joint-stock company that was founded in 1600 and dissolved in 1874. It was formed to Indian Ocean trade, trade in the Indian Ocean region, initially with the East Indies (South A ...
landed along the banks of the
Singapore River to set up a free port in
Southeast Asia
Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Au ...
. As the old harbour grew along the mouth of the river bank, the city naturally expanded around it, creating what is now the Central Area.
The name "Downtown Core" remains relatively unheard of and the term Central Business District (CBD) is commonly used in conversation instead. However, the area known as the CBD actually comprises a smaller area within the Downtown Core itself, taking up the south-western and western portions of the planning area, consisting largely of many skyscrapers. It is made up of eight subzones,
Anson, Cecil,
Clifford Pier, Maxwell, Phillip,
Raffles Place and
Tanjong Pagar and
Marina Centre.
[ The core of the CBD has since extended well beyond its boundaries and the term is even often at times used to refer to the Central Area as a whole.
]
History
As a fledgling colony, the area which is now known as the Downtown Core was the financial
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
, administrative and commercial centre of the colony. In 1823, Singapore was reorganised according to the Raffles Plan of Singapore by Sir Stamford Raffles, which specified elements like the ''Commercial Square'' (now Raffles Place) and the ''European Town'' as well as various other commercial and administrative entities located between them. This area later became the Downtown Core.
References
External links
Draft Master Plan 2003 - Central Region
{{Authority control
Downtown Core (Singapore)
Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...