CommercialLeaseholdDistrict 1 · Singapore River

21,22 Hongkong Street

Reviewed by Nathan TangUpdated 8 November 2026Data through Feb 2010
Quick Summary

21,22 Hongkong Street is a commercial building in District 1 · Singapore River. It is leasehold with roughly 2 years remaining. 1 transaction is on record since 1995, most recently in Feb 2010. 1 unit is currently listed for sale. ACRA records 0 live company registrations at this address.

1

What are the key facts about 21,22 Hongkong Street?

Key takeaway21,22 Hongkong Street is a commercial building in District 1 · Singapore River, held leasehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Leasehold
District / Area
District 1 · Singapore River
Address
21,22 Hongkong Street
Land area
—
Completed
Not on record
Storeys
Not on record
Listed as
Office
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
0
2

About 21,22 Hongkong Street

21,22 Hongkong Street is a commercial property in Singapore River (District 01). It is located along Hongkong Street, Singapore 059665.

The site is leasehold, with about 2 years remaining on the lease.

1 transaction has been recorded here, at a median of S$1,773 psf. The most recent was in February 2010.

3

What has 21,22 Hongkong Street sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2010Shop HouseS$6.46M3,644 sqft$1,773

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

4

What does space at 21,22 Hongkong Street rent for?

Key takeawayNo rent is published for 21,22 Hongkong Street itself. On its street, Hongkong Street, retail space rented at a median of $8.08 psf a month in 2023Q1. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Hongkong Street

Street level · 2023Q1
25th pct
—
— psm
Median
$8.08
$86.96 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on Hongkong Street

Street level · 2024Q3
25th pct
—
— psm
Median
$7.08
$76.25 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2021Q4 · $56.35 psm2024Q3 · $76.25 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 1 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

5

Market context around 21,22 Hongkong Street

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

6

How fast units move at 21,22 Hongkong Street

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for sale.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What's been approved at 21,22 Hongkong Street?

Key takeawayURA's planning decisions at 21,22 Hongkong Street since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 25 Sept 2010Approved
    Additions & alterations

    Prop additions & alterations to an existing 6-sty conservation building at unit no. 20 together with the reconstruction of the adjoining units at no. 21 & 22 involving c/u to hotel (total: 101 guest rooms) with restaurant....

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

8

What do commercial rents run near 21,22 Hongkong Street?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
Price side (strata, 5y)
$3,561 psf
90 sales

An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 1 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$82.69$99.35$120.39
Level 1 · 30 & Below$172.73$245.52$332.57
B1 & Below · 30 & Below$87.33$172.91$321.72
Level 2 & 3 · >30 - 100$77.43$95.09$183.52
Level 1 · >30 - 100$106.77$168.33$217.05
B1 & Below · >30 - 100$117.40$198.29$365.38
Level 1 · >100 - 300$115.69$148.57$187.43
B1 & Below · >100 - 300$148.73$233.33$396.56

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

9

What is available at 21,22 Hongkong Street right now?

Key takeaway1 unit is currently listed at 21,22 Hongkong Street. One row per unit; several agents often market the same unit.

For sale (1)

  • 22 Hongkong Street, 059665S$22.00M · 7,011 sqft

Browse every listing at this building →

10

Who's registered at 21,22 Hongkong Street?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 21,22 Hongkong Street as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0
  • Manufacturing
    0
  • Professional, scientific and technical services
    0
  • Other services
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

11

Frequently asked questions about 21,22 Hongkong Street

Where is 21,22 Hongkong Street?⌄

21,22 Hongkong Street is at 21,22 Hongkong Street, Singapore 059665, in the Singapore River planning area.

What is the tenure of 21,22 Hongkong Street?⌄

21,22 Hongkong Street is leasehold. About 2 years remain on the lease.

What have units at 21,22 Hongkong Street sold for?⌄

Across 1 recorded transaction, the median price is S$1,773 psf. The latest was in February 2010.

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