CommercialCOMMERCIALConservationLeaseholdDistrict 1 · Singapore River

33 North Canal Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2009
Quick Summary

33 North Canal Road 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 21 years remaining. 1 transaction is on record since 1995, most recently in Sept 2009. ACRA records 0 live company registrations at this address.

1

What are the key facts about 33 North Canal Road?

Key takeaway33 North Canal Road 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
33 North Canal Road
Land area
—
Completed
Not on record
Storeys
4 (© OpenStreetMap contributors)
Submarket
City Fringe
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 33 North Canal Road

33 North Canal Road is a commercial property in Singapore River (District 01). It is located along North Canal Road, Singapore 059289.

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 21 years remaining on the lease.

1 transaction has been recorded here, at a median of S$1,701 psf. The most recent was in September 2009.

The nearest MRT is Clarke Quay MRT, 174 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 100 m away (about a 2-minute walk).

3

What is 33 North Canal Road zoned as?

Key takeaway33 North Canal Road 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 33 North Canal Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Sept 2009 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2009Shop HouseS$2.77M1,628 sqft$1,701

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

5

What does space at 33 North Canal Road rent for?

Key takeawayNo street- or building-level rent is published here. Across District 1 retail, retail space rented at a median of $10.02 psf a month in 2026Q3, with the middle half of leases between $8.23 and $15.92. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 psm

S$ 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).

6

Market context around 33 North Canal Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

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.

7

What's been approved at 33 North Canal Road?

Key takeawayURA's planning decisions at 33 North Canal Road since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 11 Jun 2014Approved
    Additions & alterations

    Proposed amendment to approved major additions and alterations to the existing 4-storey conservation shophouse involving a 6-storey rear extension with roof terrace on lot(s) 99341p ts 7 at 33 north canal road (singapore river planning area)

  2. 22 Nov 2013Approved
    Additions & alterations

    Proposed amendment to approved major additions and alterations to the existing 4-storey conservation shophouse involving a 6-storey rear extension with roof terrace

  3. 29 Jul 2013Approved
    Additions & alterations

    Proposed additions and alterations to the existing 4-storey conservation shophouse involving a 6-storey rear extension with roof terrace on lot 99341p ts 7 at 33 north canal road (singapore river planning area)

  4. 29 Feb 2012Approved
    Additions & alterations

    Proposed regularisation of gfa and amendments to approved additions and alterations to the existing 4-storey conservation shophouse involving a 6-storey rear extension with roof terrace on lot(s) 99341p ts 7 at 33 north canal road (singapore river planning area)

  5. 8 Sept 2011Approved
    Additions & alterations

    Proposed additions and alterations to the existing 4-storey conservation shophouse involving a 6-storey rear extension with roof terrace on lot(s) 99341p ts 7 at 33 north canal road (singapore river planning area)

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).

8

What do commercial rents run near 33 North Canal Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
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, 2026Q3)

Floor level · size band25th pctMedian75th 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 band25th pctMedian75th 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.

9

What is near 33 North Canal Road?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 174 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 19 mHong Lim Pk · 81 mBoat Quay · 100 mThe Clinic @ One George Street · 132 mClarke Quay MRT Exit A · 139 mPlace Of Worship · 320 mEducational Institution · 786 mKreta Ayer Community Club · 803 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 · 219 mHong Lim Market & Food Centre · 252 mNTUC Fairprice Co-operative Ltd · 367 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at 33 North Canal Road

Key takeawayThe nearest station is Clarke Quay (NE5), 139 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 22 public car parks are within 500 m.
Foot traffic: busier than 91% of retail buildings

nearest MRT/LRT Clarke Quay (NE5) 139 m, about 31,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 13, about 34,000 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)139 m · about 31,000 weekday taps
  • Chinatown (NE4 / DT19)367 m · about 97,000 weekday taps
  • Telok Ayer (DT18)480 m · about 37,000 weekday taps
  • Raffles Place (EW14 / NS26)514 m · about 133,000 weekday taps
  • Fort Canning (DT20)692 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 33 North Canal Road. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 34,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Hong Kong St (URA)56 m
    S$1.20 per half-hour at midday on a weekday · 32 car lots
  • Hong Lim Park Off St (URA)68 m
    S$1.20 per half-hour at midday on a weekday · 23 car lots
  • Backlane (North Canal Rd - Circular Rd) (URA)112 m
  • Backlane (Hongkong St - Carpenter St) (URA)117 m
  • Carpenter St (URA)135 m
    S$1.20 per half-hour at midday on a weekday · 35 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 947 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. 33 North Canal Road's own car park, if it has one, and its charges are not in the open data.

11

Who's registered at 33 North Canal Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 33 North Canal Road as their registered address. These are registered businesses, not who occupies the space.
  • Wholesale and retail trade
    0
  • Administrative and support services
    0

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.

12

Frequently asked questions about 33 North Canal Road

Where is 33 North Canal Road?⌄

33 North Canal Road is at 33 North Canal Road, Singapore 059289, in the Singapore River planning area.

What is 33 North Canal Road zoned as?⌄

33 North Canal Road sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of 33 North Canal Road?⌄

33 North Canal Road is leasehold. About 21 years remain on the lease.

Is 33 North Canal Road a conserved property?⌄

Yes. 33 North Canal Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 33 North Canal Road sold for?⌄

Across 1 recorded transaction, the median price is S$1,701 psf. The latest was in September 2009.

What is the nearest MRT station to 33 North Canal Road?⌄

Clarke Quay MRT is the closest, 174 m away (about a 3-minute walk).

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