31 Hongkong Street
31 Hongkong Street is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 24 years remaining. 2 transactions are on record since 1995, most recently in Jul 2015. ACRA records 1 live company registration at this address.
What are the key facts about 31 Hongkong Street?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 31 Hongkong Street
- Land area
- —
- Completed
- Not on record
- Storeys
- 4 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 1
About 31 Hongkong Street
31 Hongkong Street is a commercial property in Singapore River (District 01). It is located along Hongkong Street, Singapore 059670.
Under the URA Master Plan it sits on land zoned commercial 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 24 years remaining on the lease.
2 transactions have been recorded here, at a median of S$6,144 psf. The most recent was in July 2015.
1 business is currently registered at this address with ACRA.
The nearest MRT is Clarke Quay MRT, 110 m away (about a 2-minute walk). The closest bus stop (Boat Quay) is 136 m away (about a 2-minute walk).
What is 31 Hongkong Street zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Conservation area
- Upper Circular Road
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
What has 31 Hongkong Street sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2015 | Shop House | S$14.45M | 1,747 sqft | $8,271 |
| Sept 2009 | Shop House | S$7.20M | 1,792 sqft | $4,017 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 31 Hongkong Street rent for?
Retail space on Hongkong Street
Street level · 2023Q1S$ 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 · 2024Q3S$ per sq ft per month (median only published)
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 · 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 31 Hongkong Street
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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.
What's been approved at 31 Hongkong Street?
- 8 Jul 2026RenewedFloor 1Continued use as restaurant
Continued use of units #01-XX and #01-XX as restaurant
- 21 Jun 2024RenewedContinued use as serviced apartment
Continued use of the 4th and 5th storey offices as serviced apartment
- 14 Jul 2023RenewedFloor 1Continued use as restaurant
Continued use of units #01-XX and #01-XX as restaurant
- 17 Jun 2022RenewedContinued use as serviced apartment
Continued use of the 4th and 5th storey offices as serviced apartment
- 2 Sept 2020ApprovedFloor 1Change of use to restaurant
Proposed change of use of units #01-XX and #01-XX to restaurant
- 26 Jun 2020RenewedContinued use as serviced apartment
Continued use of the 4th and 5th storey offices as serviced apartment
- 14 Nov 2019RenewedContinued use as restaurant and rear portion as take-away food shop
Continued use of the 1st storey shop unit - the front portion as restaurant and rear portion as take-away food shop
- 31 Aug 2018RenewedContinued use as serviced apartment
Continued use of the 4th and 5th storey offices as serviced apartment on lot 00363t ts07 on lot at 31 hongkong street (singapore river planning area)
- 20 Dec 2017RenewedContinued use as restaurant and rear portion as take-away food shop
Continued use of the 1st storey shop unit - the front portion as restaurant and rear portion as take-away food shop on lot 00363t ts07 at 31 hongkong street (singapore river planning area)
- 30 Nov 2017RefusedChange of use to serviced apartment as an extension to existing approved serviced apartments on t
Proposed change of use of the 3rd storey office to serviced apartment as an extension to existing approved serviced apartments on the 4th and 5th storey (approved on temporary permission, valid till 2 aug 2018) on lot 00363t ts07 at 31 hongkong street (singapore river planning area)
- 2 Aug 2016ApprovedChange of use: offices → serviced apartment
Change of use of the 4th and 5th storey from offices to serviced apartment
- 15 Feb 2016RefusedChange of use to restaurant
Proposed change of use of the 2nd storey unit to restaurant at 31 hongkong street (singapore river planning area)
3 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$54.50 per unit).
What do commercial rents run near 31 Hongkong Street?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 31 Hongkong Street?
Getting around
- Clarke Quay MRT110 m · ~2 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 31 Hongkong Street
nearest MRT/LRT Clarke Quay (NE5) 110 m, about 31,000 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 13, about 32,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 13,000 residents within 1 km (June 2026); 10 other malls within 1 km. Ranked against 12,856 retail 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, and competing malls), not a count of people.
Stations within 1 km
- Clarke Quay (NE5)110 m · about 31,000 weekday taps
- Chinatown (NE4 / DT19)400 m · about 97,000 weekday taps
- Telok Ayer (DT18)539 m · about 37,000 weekday taps
- Raffles Place (EW14 / NS26)567 m · about 133,000 weekday taps
- Fort Canning (DT20)629 m · about 14,000 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 31 Hongkong Street. Transfers between lines don't tap, so interchanges read low.
Bus
13 bus stops within 400 m, with about 32,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Hong Kong St (URA)39 mS$1.20 per half-hour at midday on a weekday · 32 car lots
- Carpenter St (URA)109 mS$1.20 per half-hour at midday on a weekday · 35 car lots
- Backlane (Hongkong St - Carpenter St) (URA)119 m
- Hong Lim Park Off St (URA)128 mS$1.20 per half-hour at midday on a weekday · 23 car lots
- Backlane (Carpenter - Upp Circular Rd) (URA)146 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 892 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. 31 Hongkong Street's own car park, if it has one, and its charges are not in the open data.
Who's registered at 31 Hongkong Street?
- Professional, scientific and technical services1
- Transportation and storage0
- Accommodation and food services0
- Financial and insurance0
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 31 Hongkong Street
Where is 31 Hongkong Street?⌄
31 Hongkong Street is at 31 Hongkong Street, Singapore 059670, in the Singapore River planning area.
What is 31 Hongkong Street zoned as?⌄
31 Hongkong Street sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of 31 Hongkong Street?⌄
31 Hongkong Street is leasehold. About 24 years remain on the lease.
Is 31 Hongkong Street a conserved property?⌄
Yes. 31 Hongkong Street falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at 31 Hongkong Street sold for?⌄
Across 2 recorded transactions, the median price is S$6,144 psf. The latest was in July 2015.
What is the nearest MRT station to 31 Hongkong Street?⌄
Clarke Quay MRT is the closest, 110 m away (about a 2-minute walk).
How many businesses are registered at 31 Hongkong Street?⌄
1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on 31 Hongkong Street.
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.