23,27,29,31,33 New Bridge Road
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.
What are the key facts about 23,27,29,31,33 New Bridge Road?
- 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
- —
- Completed
- Not on record
- Storeys
- 8 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
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).
What is 23,27,29,31,33 New Bridge Road zoned as?
- Land-use zone
- HOTEL
- Gross plot ratio
- 4.2
- Conservation area
- Upper Circular Road
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
What has 23,27,29,31,33 New Bridge Road sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Feb 2018 | Office | S$37.00M | 8,627 sqft | $4,289 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 23,27,29,31,33 New Bridge Road rent for?
Office space on New Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +0.2% on a year earlier
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 on New Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -17.8% on a year earlier
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).
Retail space — District 1 retail
Region band · 2026Q3S$ 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).
Market context around 23,27,29,31,33 New Bridge Road
- City Fringe (all grades): Rent S$7.83 psf/mth · Vacancy 2.5% · Planned / under construction 1.35m sq ft
Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% 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.
What's been approved at 23,27,29,31,33 New Bridge Road?
- 22 Feb 2024ApprovedFloor 4Change of use to shop
Proposed change of use of unit #04-XX to shop
- 7 Nov 2023ApprovedAdditions & alterations
Proposed amendment to approved additions & alterations to the existing 4 units of 4-storey conserved building with 6-storey rear extension with attic for hotel (44 rooms) on lot 99372p, 99373t, 99374a & 99375k ts07 at 27, 29, 31 & 33 new bridge road (singapore river planning area)
- 16 Mar 2023ApprovedAdditions & alterations
Proposed amendment to approved additions & alterations to the existing 4 units of 4-storey conserved building with 6-storey rear extension with attic for hotel (44 rooms) on lot 99372p, 99373t, 99374a & 99375k ts07 at 27, 29, 31 & 33 new bridge road (singapore river planning area)
- 10 Mar 2022ApprovedAdditions & alterations
1st extension written permission for proposed additions & alterations to the existing 4 units of 4-storey conserved building with 6-storey rear extension with attic for hotel (44 rooms)
- 12 Jan 2022ApprovedFloor 5Change of use to shop
Proposed change of use of unit #05-XX to shop
- 17 Aug 2021ApprovedFloor 4Change of use to gym/fitness centre
Proposed change of use of unit #04-XX to gym/fitness centre
- 21 Dec 2020ApprovedAdditions & alterations
Proposed regularisation of gfa and amendment to approved additions & alterations to the existing 4 units of 4-storey conserved building with 6-storey rear extension with attic for hotel (44 rooms) on lot 99372p, 99373t, 99374a & 99375k ts07 at 27, 29, 31 & 33 new bridge road (singapore river planning area)
- 18 Mar 2020ApprovedAdditions & alterations
Proposed additions & alterations to the existing 4 units of 4-storey conserved building with 6-storey rear extension with attic for hotel (44 rooms) on lot 99372p, 99373t, 99374a & 99375k ts07 at 27, 29, 31 & 33 new bridge road (singapore river planning area)
- 5 Mar 2019RefusedChange of use: office → serviced apartment
Proposed change of use of 4th and 5th storey from office to serviced apartment at 23 new bridge road (singapore river planning area)
- 9 Sept 2016ApprovedChange of use: shop → restaurant
Change of use of 1st storey units from shop to restaurant
- 12 Apr 2010ApprovedChange of use to fitness centre
Change of use of the 4th storey to fitness centre (imparting knowledge on gymnastic skills)
- 20 Feb 2006ApprovedChange of use: wine & cigar bars → office
Change of use of 1st & 2nd sty to restaurant, and 3rd & 4th sty from wine & cigar bars to office
5 earlier change-of-use and A&A decisions are on record since 2000.
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$54.50 per unit).
How does New Bridge Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near 23,27,29,31,33 New Bridge Road?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th 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 | $396.56 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 2 · 100 & Below | $54.65 | $69.39 | $88.80 |
| Category 1 · 100 & Below | $103.62 | $122.24 | $132.43 |
| Category 1 · >100 - 200 | $116.28 | $126.99 | $148.35 |
| Category 2 · >100 - 200 | $65.57 | $82.87 | $97.63 |
| Category 1 · >200 - 500 | $114.67 | $128.09 | $145.77 |
| Category 2 · >200 - 500 | $64.83 | $82.57 | $94.73 |
| Category 1 · >500 - 1000 | $106.56 | $137.78 | $148.23 |
| Category 2 · >500 - 1000 | $85.04 | $89.34 | $109.80 |
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.
What is near 23,27,29,31,33 New Bridge Road?
Getting around
- Clarke Quay MRT104 m · ~2 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 23,27,29,31,33 New Bridge Road
nearest MRT/LRT Clarke Quay (NE5) 67 m, about 31,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 12, about 22,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 12,000 residents within 1 km (June 2026). Ranked against 485 office buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.
Stations within 1 km
- Clarke Quay (NE5)67 m · about 31,000 weekday taps
- Chinatown (NE4 / DT19)518 m · about 97,000 weekday taps
- Fort Canning (DT20)557 m · about 14,000 weekday taps
- Raffles Place (EW14 / NS26)591 m · about 133,000 weekday taps
- Telok Ayer (DT18)653 m · about 37,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 23,27,29,31,33 New Bridge Road. Transfers between lines don't tap, so interchanges read low.
Bus
12 bus stops within 400 m, with about 22,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Carpenter - Upp Circular Rd) (URA)31 m
- Carpenter St (URA)63 mS$1.20 per half-hour at midday on a weekday · 35 car lots
- Upp Circular Rd (URA)80 mS$1.20 per half-hour at midday on a weekday · 22 car lots
- Carpenter St Off St (URA)86 mS$1.50 per half-hour at midday on a weekday · 69 car lots
- Backlane (Hongkong St - Carpenter St) (URA)117 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 880 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. 23,27,29,31,33 New Bridge Road's own car park, if it has one, and its charges are not in the open data.
Who's registered at 23,27,29,31,33 New Bridge Road?
- Professional, scientific and technical services0
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.
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).
The facts are here — now get the verdict on 23,27,29,31,33 New Bridge Road.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.