Asia Insurance Building

About

The former Asia Insurance Building (Chinese: 亚洲保险大厦; pinyin: Yàzhōu Bǎoxiǎn dàshà), now named Ascott Raffles Place, lies in the heart of the Central Business District of Singapore, at the corner of Finlayson Green and Raffles Quay. Standing at 270 feet (82 metres), it surpassed the Cathay Building to be the tallest tower in Singapore until the completion of Meritus Mandarin Tower 1 in 1971. Designed by one of Singapore's pioneer architects, Ng Keng Siang, the office building was completed in 1955 and served as the headquarters for the Asia Insurance Company, one of the first local insurance companies. In 2006, the building was acquired by the Ascott Group and the office tower has since been refurbished into a serviced apartment residence. Renamed as Ascott Raffles Place, the building sits on a 999-year leasehold site with a building footprint of about 950 square meters.