CommercialHOTELConservationLeaseholdDistrict 1 · Singapore River

23,27,29,31,33 New Bridge Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2018
Quick Summary

23,27,29,31,33 New Bridge Road is a commercial building in District 1 · Singapore River, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 11 years remaining. 1 transaction is on record since 1995, most recently in Feb 2018. ACRA records 0 live company registrations at this address.

1

What are the key facts about 23,27,29,31,33 New Bridge Road?

Key takeaway23,27,29,31,33 New Bridge Road is a commercial building in District 1 · Singapore River, zoned HOTEL, held leasehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
4.2
Tenure
Leasehold
District / Area
District 1 · Singapore River
Address
23,27,29,31,33 New Bridge Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 23,27,29,31,33 New Bridge Road

23,27,29,31,33 New Bridge Road is a commercial property in Singapore River (District 01). It is located along New Bridge Road, Singapore 059394.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 4.2. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

The site is leasehold, with about 11 years remaining on the lease.

1 transaction has been recorded here, at a median of S$4,289 psf. The most recent was in February 2018.

The nearest MRT is Clarke Quay MRT, 104 m away (about a 2-minute walk). The closest bus stop (Opp Clarke Quay Stn) is 29 m away (about a 0-minute walk). Clarke Quay Central is 105 m away (about a 2-minute walk).

3

What is 23,27,29,31,33 New Bridge Road zoned as?

Key takeaway23,27,29,31,33 New Bridge Road sits on land zoned HOTEL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
4.2
Conservation area
Upper Circular Road
Conserved building
Yes
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 23,27,29,31,33 New Bridge Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Feb 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2018OfficeS$37.00M8,627 sqft$4,289

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.

5

How does New Bridge Road price?

Key takeawayAcross 21 strata sales on New Bridge Road in the last 5 years, the median is $1,800 psf.
Strata sales on the street (5y)
21
Street median PSF (strata)
$1,800

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near 23,27,29,31,33 New Bridge Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

7

What is near 23,27,29,31,33 New Bridge Road?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 104 m away.

Getting around

Amenities nearby

Hotel · 0 mOpp Clarke Quay Stn · 29 mClarke Quay MRT Exit E · 68 mJade Medical Clinic · 101 mClarke Quay Central · 105 mHong Lim Pk · 253 mPlace Of Worship · 336 mCold Storage Singapore (1983) Pte Ltd · 390 mHong Lim Market & Food Centre · 407 mEducational Institution · 613 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 23,27,29,31,33 New Bridge Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

9

Frequently asked questions about 23,27,29,31,33 New Bridge Road

Where is 23,27,29,31,33 New Bridge Road?

23,27,29,31,33 New Bridge Road is at 23,27,29,31,33 New Bridge Road, Singapore 059394, in the Singapore River planning area.

What is 23,27,29,31,33 New Bridge Road zoned as?

23,27,29,31,33 New Bridge Road sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of 23,27,29,31,33 New Bridge Road?

23,27,29,31,33 New Bridge Road is leasehold. About 11 years remain on the lease.

Is 23,27,29,31,33 New Bridge Road a conserved property?

Yes. 23,27,29,31,33 New Bridge Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 23,27,29,31,33 New Bridge Road sold for?

Across 1 recorded transaction, the median price is S$4,289 psf. The latest was in February 2018.

What is the nearest MRT station to 23,27,29,31,33 New Bridge Road?

Clarke Quay MRT is the closest, 104 m away (about a 2-minute walk).

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