CommercialHOTELConservationLeaseholdDistrict 1 · Singapore River

37 North Canal Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2025
Quick Summary

37 North Canal 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 87 years remaining. 3 transactions are on record since 1995, most recently in Dec 2025. 1 unit is currently listed for sale. ACRA records 0 live company registrations at this address.

1

What are the key facts about 37 North Canal Road?

Key takeaway37 North Canal Road is a commercial building in District 1 · Singapore River, zoned HOTEL, held leasehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
4.2
Tenure
Leasehold
District / Area
District 1 · Singapore River
Address
37 North Canal Road
Land area
Transactions on record
3 (records start 1995)
Live listings
1
ACRA registrations
0
2

About 37 North Canal Road

37 North Canal Road is a commercial property in Singapore River (District 01). It is located along North Canal Road, Singapore 059293.

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 87 years remaining on the lease.

3 transactions have been recorded here, at a median of S$10,406 psf. The most recent was in December 2025.

The nearest MRT is Clarke Quay MRT, 158 m away (about a 2-minute walk). The closest bus stop (Boat Quay) is 121 m away (about a 2-minute walk).

3

What is 37 North Canal Road zoned as?

Key takeaway37 North Canal Road sits on land zoned HOTEL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.
Land-use zone
HOTEL
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 37 North Canal Road sold for?

Key takeaway3 transactions are on record since 1995, most recently in Dec 2025 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2025Shop HouseS$23.89M1,730 sqft$13,810
Jun 2015Shop HouseS$18.00M1,730 sqft$10,406
Sept 2011Shop HouseS$4.61M1,778 sqft$2,592

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 37 North Canal Road?

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 37 North Canal Road right now?

Key takeaway1 unit is currently listed at 37 North Canal Road. One row per unit; several agents often market the same unit.

For sale (1)

  • North canal roadS$40.00M · 7,944 sqft

Browse every listing at this building →

7

What is near 37 North Canal Road?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 158 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mHong Lim Pk · 84 mClarke Quay MRT Exit A · 118 mBoat Quay · 121 mThe Clinic @ One George Street · 149 mPlace Of Worship · 297 mEducational Institution · 783 mKreta Ayer Community Club · 796 mSingapore General Hospital · 1.3 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 · 205 mHong Lim Market & Food Centre · 245 mNTUC Fairprice Co-operative Ltd · 355 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 37 North Canal Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 37 North Canal Road

Where is 37 North Canal Road?

37 North Canal Road is at 37 North Canal Road, Singapore 059293, in the Singapore River planning area.

What is 37 North Canal Road zoned as?

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

What is the tenure of 37 North Canal Road?

37 North Canal Road is leasehold. About 87 years remain on the lease.

Is 37 North Canal Road a conserved property?

Yes. 37 North Canal Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 37 North Canal Road sold for?

Across 3 recorded transactions, the median price is S$10,406 psf. The latest was in December 2025.

What is the nearest MRT station to 37 North Canal Road?

Clarke Quay MRT is the closest, 158 m away (about a 2-minute walk).

For agents · in the PropKaki app

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