CommercialCOMMERCIALConservationLeaseholdDistrict 1 · Singapore River

31 Hongkong Street

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2015
Quick Summary

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.

1

What are the key facts about 31 Hongkong Street?

Key takeaway31 Hongkong Street is a commercial building in District 1 · Singapore River, zoned COMMERCIAL, held leasehold.
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
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
1
2

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).

3

What is 31 Hongkong Street zoned as?

Key takeaway31 Hongkong Street sits on land zoned COMMERCIAL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
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 31 Hongkong Street sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2015 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2015Shop HouseS$14.45M1,747 sqft$8,271
Sept 2009Shop HouseS$7.20M1,792 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.

5

What do commercial rents run near 31 Hongkong Street?

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.

6

What is near 31 Hongkong Street?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 110 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 38 mClarke Quay MRT Exit A · 129 mHong Lim Pk · 132 mBoat Quay · 136 mJade Medical Clinic · 139 mPlace Of Worship · 279 mEducational Institution · 736 mKreta Ayer Community Club · 832 mSingapore General Hospital · 1.4 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Clarke Quay Central · 156 mHong Lim Market & Food Centre · 282 mNTUC Fairprice Co-operative Ltd · 383 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 31 Hongkong Street?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Local Company

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.

8

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.

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