42,42a,42b,42c Hongkong Street
42,42a,42b,42c 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 21 years remaining. 2 transactions are on record since 1995, most recently in Jun 2021. ACRA records 3 live company registrations at this address.
What are the key facts about 42,42a,42b,42c Hongkong Street?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 42,42a,42b,42c Hongkong Street
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Submarket
- City Fringe
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 3
About 42,42a,42b,42c Hongkong Street
42,42A,42B,42C Hongkong Street is a commercial property in Singapore River (District 01). It is located along Hongkong Street, Singapore 059681.
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.
2 transactions have been recorded here, at a median of S$3,356 psf. The most recent was in June 2021.
3 businesses are currently registered at this address with ACRA.
The nearest MRT is Clarke Quay MRT, 168 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 73 m away (about a 1-minute walk).
What is 42,42a,42b,42c Hongkong Street zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Conservation area
- Upper Circular Road
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
What has 42,42a,42b,42c Hongkong Street sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2021 | Shop House | S$7.20M | 1,661 sqft | $4,335 |
| Apr 2010 | Shop House | S$3.95M | 1,661 sqft | $2,378 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at 42,42a,42b,42c Hongkong Street rent for?
Retail space on Hongkong Street
Street level · 2023Q1S$ per sq ft per month (median only published)
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Office space on Hongkong Street
Street level · 2024Q3S$ per sq ft per month (median only published)
URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Retail space — District 1 retail
Region band · 2026Q3S$ 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).
Market context around 42,42a,42b,42c Hongkong Street
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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.
What's been approved at 42,42a,42b,42c Hongkong Street?
- 6 Nov 2025ApprovedAdditions & alterations
Proposed additions and alterations to the existing 5-storey conserved shophouse with new 6-storey rear extension for restaurant and change of use of entire development into commercial on lot 99349m ts 07 at 42 hongkong street (singapore river planning area)
- 28 Jul 2025RefusedAdditions & alterations
Proposed additions and alterations to the existing 5-storey conserved shophouse with new 6-storey rear extension for restaurant at 1st storey and change of use of entire development into hotel on lot 99349m ts 07 at 42 hongkong street (singapore river planning area)
- 4 Oct 2024RenewedFloor 4Continued use as gym/ fitness centre
Continued use of unit #04-XX as gym/ fitness centre
- 4 Jan 2023RenewedFloor 4Continued use as gym/ fitness centre
Continued use of unit #04-XX as gym/ fitness centre
- 12 Jan 2022ApprovedChange of use to gym/ fitness centre
Proposed change of use of 3rd storey premises to gym/ fitness centre
- 11 Oct 2021RefusedAdditions & alterations
Proposed additions and alterations to the existing 5-storey conserved shophouses, new 6-storey rear extension and change of use of entire development into hotel on lot 99349m ts 07 at 42 hongkong street
- 6 Jan 2021ApprovedFloor 4Change of use to gym/fitness centre
Proposed change of use of unit #04-XX to gym/fitness centre
- 28 Apr 2016ApprovedChange of use to fitness centre
Proposed change of use of 2nd storey premises to fitness centre (barre/yoga/pilates studio)
- 5 Apr 2016ApprovedChange of use to fitness centre
Change of use of the 3rd storey unit to fitness centre (yoga studio)
- 23 Feb 2015ApprovedChange of use to restaurant use
Proposed change of use of the 1st storey premises to restaurant use
- 27 Sept 2002ApprovedChange of use to pub cum nightclub
Proposed change of use of the 1st storey shop to pub cum nightclub
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$54.50 per unit).
What do commercial rents run near 42,42a,42b,42c Hongkong Street?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th 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 band | 25th pct | Median | 75th 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.
What is near 42,42a,42b,42c Hongkong Street?
Getting around
- Clarke Quay MRT169 m · ~3 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 42,42a,42b,42c Hongkong Street
nearest MRT/LRT Clarke Quay (NE5) 168 m, about 31,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 13, about 32,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 12,000 residents within 1 km (June 2026); 11 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)168 m · about 31,000 weekday taps
- Chinatown (NE4 / DT19)404 m · about 97,000 weekday taps
- Raffles Place (EW14 / NS26)502 m · about 133,000 weekday taps
- Telok Ayer (DT18)506 m · about 37,000 weekday taps
- Fort Canning (DT20)684 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 42,42a,42b,42c Hongkong Street. Transfers between lines don't tap, so interchanges read low.
Bus
13 bus stops within 400 m, with about 32,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Hong Kong St (URA)34 mS$1.20 per half-hour at midday on a weekday · 32 car lots
- Backlane (Hongkong St - Carpenter St) (URA)79 m
- Hong Lim Park Off St (URA)97 mS$1.20 per half-hour at midday on a weekday · 23 car lots
- Carpenter St (URA)101 mS$1.20 per half-hour at midday on a weekday · 35 car lots
- Backlane (North Canal Rd - Circular Rd) (URA)104 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 957 m away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. 42,42a,42b,42c Hongkong Street's own car park, if it has one, and its charges are not in the open data.
Who's registered at 42,42a,42b,42c Hongkong Street?
- Accommodation and food services2
- Wholesale and retail trade1
- Professional, scientific and technical services0
- Administrative and support services0
- Manufacturing0
- Information and communications0
- Education0
- Arts, entertainment and recreation0
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.
Frequently asked questions about 42,42a,42b,42c Hongkong Street
Where is 42,42A,42B,42C Hongkong Street?⌄
42,42A,42B,42C Hongkong Street is at 42,42A,42B,42C Hongkong Street, Singapore 059681, in the Singapore River planning area.
What is 42,42A,42B,42C Hongkong Street zoned as?⌄
42,42A,42B,42C 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 42,42A,42B,42C Hongkong Street?⌄
42,42A,42B,42C Hongkong Street is leasehold. About 21 years remain on the lease.
Is 42,42A,42B,42C Hongkong Street a conserved property?⌄
Yes. 42,42A,42B,42C Hongkong Street falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at 42,42A,42B,42C Hongkong Street sold for?⌄
Across 2 recorded transactions, the median price is S$3,356 psf. The latest was in June 2021.
What is the nearest MRT station to 42,42A,42B,42C Hongkong Street?⌄
Clarke Quay MRT is the closest, 168 m away (about a 3-minute walk).
How many businesses are registered at 42,42A,42B,42C Hongkong Street?⌄
3 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.
The facts are here — now get the verdict on 42,42a,42b,42c Hongkong Street.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.