CommercialCOMMERCIALConservationDistrict 1 · Singapore River

Boat Quay Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2001
Quick Summary

Boat Quay Conservation Area is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan. 1 transaction is on record since 1995, most recently in Sept 2001. 1 unit is currently listed for rent. ACRA records 4 live company registrations at this address.

1

What are the key facts about Boat Quay Conservation Area?

Key takeawayBoat Quay Conservation Area is a commercial building in District 1 · Singapore River, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 1 · Singapore River
Address
51,51a,51b Boat Quay
Land area
—
Completed
Not on record
Storeys
3 (© OpenStreetMap contributors)
Submarket
City Fringe
Listed as
Food & Beverage
Transactions on record
1 (records start 1995)
Live listings
1
ACRA registrations
4
2

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 049840.

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.

1 transaction has been recorded here, at a median of S$2,371 psf. The most recent was in September 2001.

4 businesses are currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 341 m away (about a 5-minute walk). The closest bus stop (Boat Quay) is 122 m away (about a 2-minute walk).

3

What is Boat Quay Conservation Area zoned as?

Key takeawayBoat Quay Conservation Area sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Boat Quay Conservation Area sold for?

Key takeaway1 transaction is on record since 1995, most recently in Sept 2001 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Sept 2001Shop HouseS$2.70M1,139 sqft$2,371

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

5

What does space at Boat Quay Conservation Area rent for?

Key takeawayNo street- or building-level rent is published here. Across District 1 retail, retail space rented at a median of $10.02 psf a month in 2026Q3, with the middle half of leases between $8.23 and $15.92. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 psm

S$ 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).

6

Market context around Boat Quay Conservation Area

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

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.

7

How fast units move at Boat Quay Conservation Area

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Boat Quay Conservation Area?

Key takeawayURA has approved 7 changes of use at Boat Quay Conservation Area since 2000, most recently in 2022. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
F&B and nightlife here

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.

  1. 6 Aug 2024Renewed
    Continued use as restaurant and bar with live entertainment

    Continued use of the 1st storey of the 3-storey building as restaurant and bar with live entertainment at 51 boat quay

  2. 7 Jun 2024Renewed
    Continued use as office with ancillary cafe

    Continued use at the 3rd storey of the 3-storey building with roof mezzanine as office with ancillary cafe at 51 boat quay

  3. 2 Aug 2023Renewed
    Continued use as office with ancillary cafe

    Continued use at the 3rd storey of the 3-storey building with roof mezzanine as office with ancillary cafe at 51 boat quay

  4. 27 Jul 2023Renewed
    Continued use as restaurant and bar with live entertainment

    Continued use of the 1st storey of the 3-storey building as restaurant and bar with live entertainment at 51 boat quay

  5. 1 Jul 2022Approved
    Change of use: restaurant → gym/fitness centre

    Proposed change of use at the 2nd storey of the 3-storey building from restaurant to gym/fitness centre at 51 boat quay

  6. 30 May 2022Approved
    Change of use: office → office with ancillary cafe

    Proposed change of use at the 3rd storey of the 3-storey building with roof mezzanine from office to office with ancillary cafe at 51 boat quay on lot 99527x ts04 at 51 boat quay (boat quay conservation area)

  7. 24 May 2022Renewed
    Continued use as restaurant and bar with live entertainment

    Continued use of the 1st storey of the 3-storey building as restaurant and bar with live entertainment at 51 boat quay

  8. 28 Jul 2021Renewed
    Continued use as restaurant and bar with live entertainment

    Continued use of the 1st storey of the 3-storey building as restaurant and bar with live entertainment at 51 boat quay

  9. 9 Feb 2021Renewed
    Continued use as boarding house

    Continued use of the 2nd & 3rd storey of the 3-storey building as boarding house (44 beds) at 51 boat quay

  10. 21 Jul 2020Approved
    Change of use to restaurant and bar with live entertainment

    Proposed change of use of the 1st storey of the 3-storey building as restaurant and bar with live entertainment at 51 boat quay

  11. 13 Feb 2020Renewed
    Continued use as boarding house

    Continued use of the 2nd & 3rd storey of the 3-storey building as boarding house (44 beds) at 51 boat quay

  12. 25 Sept 2018Renewed
    Continued use as nightclub

    Continued use of the 1st storey of the 3-storey building as nightclub at 51 boat quay

9 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).

9

How does Boat Quay price?

Strata sales on the street (5y)
1

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.

10

What do commercial rents run near Boat Quay Conservation Area?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
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, 2026Q3)

Floor level · size band25th pctMedian75th 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 band25th pctMedian75th 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.

11

What is available at Boat Quay Conservation Area right now?

Key takeaway1 unit is currently listed at Boat Quay Conservation Area. One row per unit; several agents often market the same unit.

For rent (1)

  • Boat Quay Conservation AreaS$35k/mo · 1,950 sqft

Browse every listing at this building →

12

What is near Boat Quay Conservation Area?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 341 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Cosmopolitan Clinic · 80 mBoat Quay · 122 mHotel · 128 mParliament Promenade · 192 mPlace Of Worship · 254 mRaffles Place MRT Exit H · 324 mEducational Institution · 784 mKreta Ayer Community Club · 950 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Market Street Hawker Centre · 355 mOne Raffles Place · 356 mCold Storage Singapore (1983) Pte Ltd · 462 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Boat Quay Conservation Area

Key takeawayThe nearest station is Raffles Place (EW14 / NS26), 324 m away — one of the busiest stations, with about 133,000 taps in and out on an average weekday. 18 public car parks are within 500 m.
Foot traffic: busier than 74% of retail buildings

nearest MRT/LRT Raffles Place (EW14/NS26) 324 m, about 133,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 10, about 19,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 9,217 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

  • Raffles Place (EW14 / NS26)324 m · about 133,000 weekday taps
  • Clarke Quay (NE5)335 m · about 31,000 weekday taps
  • Telok Ayer (DT18)505 m · about 37,000 weekday taps
  • Chinatown (NE4 / DT19)523 m · about 97,000 weekday taps
  • City Hall (NS25 / EW13)740 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

10 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Circular Rd (URA)67 m
    S$1.20 per half-hour at midday on a weekday · 34 car lots
  • Lor Telok (URA)81 m
    S$1.20 per half-hour at midday on a weekday · 21 car lots
  • Backlane (Lor Telok - Circular Rd) (URA)100 m
  • North Canal Rd (URA)124 m
    S$1.20 per half-hour at midday on a weekday · 24 car lots
  • Backlane (North Canal Rd - Circular Rd) (URA)128 m

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.

14

Who's registered at Boat Quay Conservation Area?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list Boat Quay Conservation Area as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    1
  • Arts, entertainment and recreation
    1
  • Information and communications
    1
  • Health and social services
    1
  • Financial and insurance
    0
  • Wholesale and retail trade
    0

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.

15

Frequently asked questions about Boat Quay Conservation Area

Where is Boat Quay Conservation Area?⌄

Boat Quay Conservation Area is at 51,51A,51B Boat Quay, Singapore 049840, 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 1 recorded transaction, the median price is S$2,371 psf. The latest was in September 2001.

What is the nearest MRT station to Boat Quay Conservation Area?⌄

Clarke Quay MRT is the closest, 341 m away (about a 5-minute walk).

How many businesses are registered at Boat Quay Conservation Area?⌄

4 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.

For agents · in the PropKaki app

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