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Merchants thought that it was a waste to use the prime location of the city for military instead of trading purpose, which would have prevented Singapore from generating more revenue and boosting its trading business.They were also worried that they would be in the direct line of fire if there were any attacks on the fort because the offices along the Singapore River were situated within close proximity to the fort.There was also a lighthouse on the Fullerton Building, called the Fullerton Light, which was used to guide the ships ashore and to anchor along the piers.It was built to replace the Fort Canning Light, which was decommissioned in 1979 since it was gradually blocked because of globalization and the construction of more high-rise buildings in Singapore .The Fullerton Building was built with Grandeur, Class and being the biggest structure built in Singapore displaying the authority and power of the British Colonial rule.In addition, The Fullerton Building operated with tax payers money meant as a government building, housed the Club for the Colonial Elite which was an exclusive club that took up almost 7,000 sq m of the upper floors which further elaborated the position and authority that the British has in Singapore.

The basement was linked to a 35-metre subway, also called the GPO tunnel that ran underneath Fullerton Road to a pier.The fort consisted of an Artillery Barrack, a house for the officers, barracks for soldiers and a 68-pounder gun guarding the entrance to the river which used to stand on the location known as Fullerton square.In 1843, the fort was extended after a sandstone monolith, the Singapore Stone, with an inscription possibly dating back to the 13th century was demolished.The building had five founding tenants: the General Post Office, The Exchange, Singapore Club (now Singapore Town Club), the Marine Department, and the Import and Export Department (later the Ministry of Trade and Industry)..The building was designed to utilize natural ventilation, thus has four internal air-wells to cool the interiors.

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Fullerton Square was an important commerce area in Singapore attracting many European immigrants and soon became the core of major business activity.

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