Commercial999-year leaseholdDistrict 1 · Singapore River

Boat Quay Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2010
Quick Summary

Boat Quay Conservation Area is a commercial building in District 1 · Singapore River. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Nov 2010. 2 units are currently listed for sale. ACRA records 0 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, held 999-year leasehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
Tenure
999-year leasehold
District / Area
District 1 · Singapore River
Address
44,44a,44b/3 Circular Road/Canton Road
Land area
Transactions on record
1 (records start 1995)
Live listings
2
ACRA registrations
0
2

About Boat Quay Conservation Area

Boat Quay Conservation Area is a commercial conservation area in Singapore River (District 01). It is located along Circular Road/Canton Road, Singapore 049399.

The site is 999-year leasehold, with about 799 years remaining on the lease.

1 transaction has been recorded here, at a median of S$3,280 psf. The most recent was in November 2010.

3

What has Boat Quay Conservation Area sold for?

Key takeaway1 transaction is on record since 1995, most recently in Nov 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2010Shop HouseS$4.65M1,418 sqft$3,280

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.

4

What do commercial rents run near Boat Quay Conservation Area?

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

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.

5

What is available at Boat Quay Conservation Area right now?

Key takeaway2 units are currently listed at Boat Quay Conservation Area. One row per unit; several agents often market the same unit.

For sale (2)

  • 44 Circular Road, 049399S$30.00M · 4,402 sqft
  • 44 Circular Road, 049399S$23.00M · 7,011 sqft

Browse every listing at this building →

6

How many companies are registered at Boat Quay Conservation Area?

Key takeawayACRA records 0 live company registrations at this address.
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.

7

Frequently asked questions about Boat Quay Conservation Area

Where is Boat Quay Conservation Area?

Boat Quay Conservation Area is at 44,44A,44B/3 Circular Road/Canton Road, Singapore 049399, in the Singapore River planning area.

What is the tenure of Boat Quay Conservation Area?

Boat Quay Conservation Area is 999-year leasehold. About 799 years remain on the lease.

What have units at Boat Quay Conservation Area sold for?

Across 1 recorded transaction, the median price is S$3,280 psf. The latest was in November 2010.

For agents · in the PropKaki app

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