Boat Quay Conservation Area
Boat Quay Conservation Area is a commercial building in District 1 · Downtown Core. 1 transaction is on record since 1995, most recently in Aug 1997. ACRA records 0 live company registrations at this address.
What are the key facts about Boat Quay Conservation Area?
- Asset class
- Commercial
- Land-use zone
- Not on record
- Gross plot ratio
- —
- Tenure
- Not on record
- District / Area
- District 1 · Downtown Core
- Address
- 39,39a,39b,39c South Bridge Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Boat Quay Conservation Area
Boat Quay Conservation Area is a commercial conservation area in Downtown Core (District 01). It is located along South Bridge Road.
1 transaction has been recorded here, at a median of S$3,216 psf. The most recent was in August 1997.
What has Boat Quay Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 1997 | Shop House | S$7.00M | 2,176 sqft | $3,216 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Boat Quay Conservation Area rent for?
Retail space on South Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -27.6% on a year earlier
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 South Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +2.4% on a year earlier
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 Boat Quay Conservation Area
- Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.
- 4 Oct 2025RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd, 3rd and 4th storey of the 4-storey building as backpackers' hostel (72 beds) at 39 & 41 south bridge road
- 26 Oct 2022RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd, 3rd, 4th storeys & roof terrace of the 4-storey building as backpackers' hostel (72 beds) at 39 & 41 south bridge road
- 20 Oct 2021RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd, 3rd, 4th storeys & roof terrace of the 4-storey building as backpackers' hostel (72 beds) at 39 & 41 south bridge road
- 15 Oct 2020RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd, 3rd, 4th storeys & roof terrace of the 4-storey building as backpackers' hostel (72 beds) at 39 & 41 south bridge road
- 8 Nov 2019ApprovedAdditions & alterations
Proposed addition & alteration to the existing 4-storey conserved building with roof terrace for a backpackers' hostel development (72 beds) at 39 & 41 south bridge road
- 6 May 2019ApprovedChange of use: office → backpacker's hostel
Change of use of the 4-storey conserved building with roof terrace from office to backpacker's hostel (105 beds) at 39 & 41 south bridge road
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$54.50 per unit).
How does South Bridge Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Boat Quay Conservation Area?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ 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 |
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.
How many companies are registered at Boat Quay Conservation Area?
- 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.
Frequently asked questions about Boat Quay Conservation Area
Where is Boat Quay Conservation Area?⌄
Boat Quay Conservation Area is at 39,39A,39B,39C South Bridge Road, in the Downtown Core planning area.
What have units at Boat Quay Conservation Area sold for?⌄
Across 1 recorded transaction, the median price is S$3,216 psf. The latest was in August 1997.
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.