CommercialCOMMERCIALConservationLeaseholdDistrict 1 · Singapore River

39 Hongkong Street

Reviewed by Nathan TangUpdated 24 September 2026Data through Mar 2015
Quick Summary

39 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 Mar 2015. 6 units are currently listed for sale or rent. ACRA records 2 live company registrations at this address.

1

What are the key facts about 39 Hongkong Street?

Key takeaway39 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
39 Hongkong Street
Land area
—
Transactions on record
2 (records start 1995)
Live listings
6
ACRA registrations
2
2

About 39 Hongkong Street

39 Hongkong Street is a commercial property in Singapore River (District 01). It is located along Hongkong Street, Singapore 059678.

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$5,305 psf. The most recent was in March 2015.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 152 m away (about a 2-minute walk). The closest bus stop (Boat Quay) is 94 m away (about a 2-minute walk).

3

What is 39 Hongkong Street zoned as?

Key takeaway39 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 39 Hongkong Street sold for?

Key takeaway2 transactions are on record since 1995, most recently in Mar 2015 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2015Shop HouseS$17.21M2,159 sqft$7,970
Jan 2011Shop HouseS$5.70M2,159 sqft$2,640

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 39 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 39 Hongkong Street right now?

Key takeaway6 units are currently listed at 39 Hongkong Street — 2 for sale and 4 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • 39 Hongkong Street, 059678S$23.08M · 7,210 sqft
  • 39 Hongkong Street, 059678S$32.00M · 8,800 sqft

For rent (4)

  • 39 Hongkong Street, 059678S$27k/mo · 3,885 sqft
  • Rare Fitted Shophouse Office Near Clarke Quay MRTS$15k/mo · 1,494 sqft
  • Hong Kong StreetS$13k/mo · 1,494 sqft
  • Hong Kong StreetS$14k/mo · 1,494 sqft

Browse every listing at this building →

7

What is near 39 Hongkong Street?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 152 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 23 mBoat Quay · 94 mHong Lim Pk · 113 mClarke Quay MRT Exit A · 152 mThe Clinic @ One George Street · 158 mPlace Of Worship · 320 mEducational Institution · 754 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 · 194 mHong Lim Market & Food Centre · 281 mNTUC Fairprice Co-operative Ltd · 392 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 39 Hongkong Street?

Key takeawayACRA records 2 live company registrations at this address, 2 of them in the last three years.
Live registrations
2
Registered last 3 years
2
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 39 Hongkong Street

Where is 39 Hongkong Street?⌄

39 Hongkong Street is at 39 Hongkong Street, Singapore 059678, in the Singapore River planning area.

What is 39 Hongkong Street zoned as?⌄

39 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 39 Hongkong Street?⌄

39 Hongkong Street is leasehold. About 24 years remain on the lease.

Is 39 Hongkong Street a conserved property?⌄

Yes. 39 Hongkong Street falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 39 Hongkong Street sold for?⌄

Across 2 recorded transactions, the median price is S$5,305 psf. The latest was in March 2015.

What is the nearest MRT station to 39 Hongkong Street?⌄

Clarke Quay MRT is the closest, 152 m away (about a 2-minute walk).

How many businesses are registered at 39 Hongkong Street?⌄

2 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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