Tanjong Pagar grew up around the docks. The name belongs to the wharves and the godowns that made this the working edge of the port, and the street pattern still shows it — narrow blocks, long rows of shophouses, and a grid that predates the towers standing over it.
What sits there now is different in kind but continuous in character. Banking, shipping, law, accountancy and, more recently, technology firms occupy the district alongside the conserved shophouse frontages. It is a working part of the city rather than a showpiece, and an address there is read accordingly: central, established, unremarkable in the best sense.
For a company without an office, that legibility is the point. An address is one of the few things a bank, a client or a counterparty can check before they know anything else about you. A central one places the business without argument.