Parking in the Heart of the CBD
Finding affordable parking in Singapore's bustling CBD and Raffles Place region can feel like a challenge, but with the right strategy, you can avoid the premium rates of prime office towers. Whether you are heading to a meeting in Shenton Way or grabbing dinner at Boat Quay, knowing where to park is key to saving money.
Budget-Friendly Options & Street Parking
For those looking to keep costs low, URA and HDB-managed carparks are your best bet. While they fill up quickly during peak hours, they offer significantly lower rates than private commercial buildings.
Lau Pa Sat (Boon Tat Street URA)
- Rate: Mon-Sat 7:00am-5:00pm: $1.20 per 30 mins; Mon-Sat 5:00pm-7:00am: $0.60 per 30 mins; Sun & PH: $0.60 per 30 mins
- Free parking: Free parking on single yellow lines along Boon Tat Street after 7pm on weekdays/Saturdays and all day Sunday.
- Location: 18 Raffles Quay, Singapore 048582
- Walk to landmark: 2 minutes to Lau Pa Sat food centre.
Chinatown Complex (HDB CK12)
- Rate: Mon-Sat 7:00am-5:00pm: $1.20 per 30 mins; Mon-Sat 5:00pm-10:30pm: $0.60 per 30 mins; Sun & PH: Free (7:00am-10:30pm)
- Free parking: Free Parking Scheme (FPS) on Sundays and Public Holidays from 7:00am to 10:30pm.
- Location: 335 Smith Street, Singapore 050335
- Walk to landmark: 5 minutes to the Buddha Tooth Relic Temple.
Pro Tip: Always check for single yellow lines in the Boat Quay and Cecil Street areas after 7pm; they often become free parking zones, but ensure you are not blocking traffic or fire hydrants.
Evening & After-6pm Strategies
If you are visiting the area for dinner or drinks, many private buildings offer flat-rate evening parking that is much cheaper than their daytime hourly rates.
One George Street
- Rate: Mon-Fri 6:00 PM-7:00 AM $3.60 per entry; Sat After 1:00 PM $3.60 per entry; Sun/PH: $3.60 per entry
- Free parking: None
- Location: 1 George Street, Singapore 049145
- Walk to landmark: 3 minutes to Raffles Place MRT.
Oasia Hotel Downtown
- Rate: Mon-Fri 1700-0700 $3.00 per entry; Sat After 1300 $3.00 per entry; Sun/PH: $3.00 per entry
- Free parking: Complimentary one-time exit parking coupon for direct hotel bookings.
- Location: 100 Peck Seah Street, Singapore 079333
- Walk to landmark: 4 minutes to Tanjong Pagar MRT.
Quick Comparison
| Carpark | Daytime Rate | Evening Rate | Free Sundays? | Best For |
|---|---|---|---|---|
| Lau Pa Sat (URA) | $2.40/hr | $1.20/hr | Yes (Street) | Foodies |
| Chinatown Complex | $2.40/hr | $1.20/hr | Yes | Weekend Visits |
| One George Street | $5.00/hr | $3.60/entry | No | CBD Meetings |
| Oasia Hotel | $5.00/hr | $3.00/entry | No | Tanjong Pagar |
Check our Parking Promos page for the latest updates on mall rebates and credit card discounts.
The Bottom Line
For the best value in the CBD, prioritize URA and HDB carparks like Chinatown Complex or the street parking near Boon Tat Street for weekend visits. If you are working late or dining in the area, look for flat-rate evening entries at buildings like One George Street or Oasia Hotel to keep your costs under $4.00. Always plan your route ahead of time to avoid the high-cost private office towers.
Rates verified as of 2026-10-04. Always check on-site signage for the most current rates, as carpark operators may revise pricing without notice.
