CommercialHOTELConservationLeaseholdDistrict 1 · Singapore River

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

Reviewed by Nathan TangUpdated 24 September 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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