Boat Quay Conservation Area
Boat Quay Conservation Area is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan. 2 transactions are on record since 1995, most recently in Oct 2000. ACRA records 1 live company registration at this address.
What are the key facts about Boat Quay Conservation Area?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Not on record
- District / Area
- District 1 · Singapore River
- Address
- 70,71 Boat Quay
- Land area
- —
- Completed
- Not on record
- Storeys
- 3 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 1
About Boat Quay Conservation Area
Boat Quay Conservation Area is a commercial conservation area in Singapore River (District 01). It is located along Boat Quay, Singapore 049858.
Under the URA Master Plan it sits on land zoned commercial. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.
2 transactions have been recorded here, at a median of S$2,541 psf. The most recent was in October 2000.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Clarke Quay MRT, 303 m away (about a 5-minute walk). The closest bus stop (Boat Quay) is 146 m away (about a 2-minute walk).
What is Boat Quay Conservation Area zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Boat Quay
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Boat Quay Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Oct 2000 | Shop House | S$6.20M | 2,460 sqft | $2,521 |
| Aug 2000 | Shop House | S$6.30M | 2,460 sqft | $2,561 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Boat Quay Conservation Area rent for?
Retail space — District 1 retail
Region band · 2026Q3S$ 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 Boat Quay Conservation Area
- 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 Boat Quay Conservation Area?
No new bars, pubs, nightclubs or karaoke lounges (a Historic Conservation Area).
Per URA's Use of Buildings in Conservation Areas. A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.
- 28 Sept 2026RenewedContinued use as restaurant
Continued use at the 1st storey of the 3-storey buildings as restaurant at 71 & 72 boat quay
- 7 Oct 2025RenewedContinued use as backpackers' hostel
Continued use at the 2nd & 3rd storey as backpackers' hostel at 70, 71 & 72 boat quay
- 31 Jul 2024RenewedContinued use as restaurant
Continued use at the 1st storey of the 3-storey buildings as restaurant at 71 & 72 boat quay
- 17 Jul 2024ApprovedAdditions & alterations
Proposed amendment to the approved additions and alterations to the existing 3-storey conserved buildings with roof mezzanine at 71 and 72 boat quay and the existing 3-storey conserved building at 70 boat quay on lots 99446v, 99449a, 99441x, 99444m, 99436k & 99439l ts04 at 70,71&72 boat quay, singapore (boat quay conservation area)
- 7 May 2024RenewedContinued use as backpackers' hostel
Continued use at the 2nd & 3rd storey as backpackers' hostel at 70, 71 & 72 boat quay
- 22 Sept 2023ApprovedAdditions & alterations
Proposed additions and alterations to the existing 3-storey conserved building with roof mezzanine at 71 boat quay and the existing 3-storey conserved buildings at 70 and 72 boat quay
- 18 May 2023ApprovedChange of use to backpackers' hostel
Proposed change of use at the 2nd & 3rd storey of 70 boat quay and 2nd, 3rd storey & mezzanine of 71 & 72 boat quay to backpackers' hostel
- 12 Jul 2022RenewedContinued use as restaurant
Continued use at the 1st and 2nd storey of the 3-storey buildings as restaurant at 71 & 72 boat quay
- 21 Jun 2021RenewedContinued use as restaurant
Continued use at the 1st and 2nd storey of the 3-storey buildings as restaurant at 71 & 72 boat quay
- 30 Jul 2020RenewedContinued use as restaurant
Continued use at the 1st and 2nd storey of the 3-storey buildings as restaurant at 71 & 72 boat quay
- 25 Sept 2019RenewedContinued use as restaurant
Continued use at the 1st and 2nd storey of the 3-storey buildings as restaurant at 71 & 72 boat quay
- 16 Jul 2018ApprovedChange of use to restaurant
Change of use at the 1st and 2nd storey of the 3-storey buildings to restaurant at 71 & 72 boat quay
8 earlier change-of-use and A&A decisions are on record since 2000.
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$54.50 per unit).
How does Boat Quay price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Boat Quay Conservation Area?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 Boat Quay Conservation Area?
Getting around
- Clarke Quay MRT303 m · ~5 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 Boat Quay Conservation Area
nearest MRT/LRT Clarke Quay (NE5) 273 m, about 31,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 11, about 21,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 8,656 residents within 1 km (June 2026); 12 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)273 m · about 31,000 weekday taps
- Raffles Place (EW14 / NS26)397 m · about 133,000 weekday taps
- Chinatown (NE4 / DT19)584 m · about 97,000 weekday taps
- Telok Ayer (DT18)606 m · about 37,000 weekday taps
- City Hall (NS25 / EW13)650 m · about 91,000 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 Boat Quay Conservation Area. Transfers between lines don't tap, so interchanges read low.
Bus
11 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Carpenter St Off St (URA)123 mS$1.50 per half-hour at midday on a weekday · 69 car lots
- Backlane (Hongkong St - Carpenter St) (URA)129 m
- Lor Telok (URA)152 mS$1.20 per half-hour at midday on a weekday · 21 car lots
- Upp Circular Rd (URA)154 mS$1.20 per half-hour at midday on a weekday · 22 car lots
- Carpenter St (URA)159 mS$1.20 per half-hour at midday on a weekday · 35 car lots
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.1 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Boat Quay Conservation Area's own car park, if it has one, and its charges are not in the open data.
Who's registered at Boat Quay Conservation Area?
- Accommodation and food services1
- Construction0
- Wholesale and retail trade0
- 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 Boat Quay Conservation Area
Where is Boat Quay Conservation Area?⌄
Boat Quay Conservation Area is at 70,71 Boat Quay, Singapore 049858, in the Singapore River planning area.
What is Boat Quay Conservation Area zoned as?⌄
Boat Quay Conservation Area sits on land zoned commercial under the URA Master Plan.
Is Boat Quay Conservation Area a conserved property?⌄
Yes. Boat Quay Conservation Area falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Boat Quay Conservation Area sold for?⌄
Across 2 recorded transactions, the median price is S$2,541 psf. The latest was in October 2000.
What is the nearest MRT station to Boat Quay Conservation Area?⌄
Clarke Quay MRT is the closest, 303 m away (about a 5-minute walk).
How many businesses are registered at Boat Quay Conservation Area?⌄
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.
The facts are here — now get the verdict on Boat Quay Conservation Area.
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.