CommercialCOMMERCIALConservationLeaseholdDistrict 1 · Singapore River

32,32a,32b,32c Hongkong Street

Reviewed by Nathan TangUpdated 24 September 2026Data through Apr 2010
Quick Summary

32,32a,32b,32c 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 15 years remaining. 1 transaction is on record since 1995, most recently in Apr 2010. 2 units are currently listed for sale. ACRA records 5 live company registrations at this address.

1

What are the key facts about 32,32a,32b,32c Hongkong Street?

Key takeaway32,32a,32b,32c 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
32,32a,32b,32c Hongkong Street
Land area
—
Transactions on record
1 (records start 1995)
Live listings
2
ACRA registrations
5
2

About 32,32a,32b,32c Hongkong Street

32,32A,32B,32C Hongkong Street is a commercial property in Singapore River (District 01). It is located along Hongkong Street, Singapore 059671.

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 15 years remaining on the lease.

1 transaction has been recorded here, at a median of S$2,621 psf. The most recent was in April 2010.

5 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 115 m away (about a 2-minute walk). The closest bus stop (Boat Quay) is 132 m away (about a 2-minute walk).

3

What is 32,32a,32b,32c Hongkong Street zoned as?

Key takeaway32,32a,32b,32c 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
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has 32,32a,32b,32c Hongkong Street sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2010Shop HouseS$4.50M1,717 sqft$2,621

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 32,32a,32b,32c 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 available at 32,32a,32b,32c Hongkong Street right now?

Key takeaway2 units are currently listed at 32,32a,32b,32c Hongkong Street. One row per unit; several agents often market the same unit.

For sale (2)

  • HongKong StreetS$23.08M · 7,210 sqft
  • Hongkong Street 5-Storey Boutique Commercial BuildingS$22.35M · 7,211 sqft

Browse every listing at this building →

7

What is near 32,32a,32b,32c Hongkong Street?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 115 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 33 mHong Lim Pk · 128 mClarke Quay MRT Exit A · 129 mBoat Quay · 132 mJade Medical Clinic · 144 mPlace Of Worship · 283 mEducational Institution · 740 mKreta Ayer Community Club · 830 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 · 161 mHong Lim Market & Food Centre · 280 mNTUC Fairprice Co-operative Ltd · 382 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 32,32a,32b,32c Hongkong Street?

Key takeawayACRA records 5 live company registrations at this address, 1 of them in the last three years.
Live registrations
5
Registered last 3 years
1
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.

9

Frequently asked questions about 32,32a,32b,32c Hongkong Street

Where is 32,32A,32B,32C Hongkong Street?⌄

32,32A,32B,32C Hongkong Street is at 32,32A,32B,32C Hongkong Street, Singapore 059671, in the Singapore River planning area.

What is 32,32A,32B,32C Hongkong Street zoned as?⌄

32,32A,32B,32C 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 32,32A,32B,32C Hongkong Street?⌄

32,32A,32B,32C Hongkong Street is leasehold. About 15 years remain on the lease.

Is 32,32A,32B,32C Hongkong Street a conserved property?⌄

Yes. 32,32A,32B,32C Hongkong Street falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 32,32A,32B,32C Hongkong Street sold for?⌄

Across 1 recorded transaction, the median price is S$2,621 psf. The latest was in April 2010.

What is the nearest MRT station to 32,32A,32B,32C Hongkong Street?⌄

Clarke Quay MRT is the closest, 115 m away (about a 2-minute walk).

How many businesses are registered at 32,32A,32B,32C Hongkong Street?⌄

5 businesses are 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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