Commercial999-year leaseholdDistrict 1 · Singapore River

Boat Quay Conservation Area

Reviewed by Nathan TangUpdated 8 November 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. 1 unit is 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
—
Completed
Not on record
Storeys
Not on record
Listed as
Shop / Shophouse
Transactions on record
1 (records start 1995)
Live listings
1
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. sqm ↔ sq ft converter

4

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).

5

Market context around Boat Quay Conservation Area

Key takeawayBrokers' retail figures for Singapore as a whole — 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 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.

6

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 sale.

Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 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.

7

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

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.

8

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 sale (1)

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

Browse every listing at this building →

9

Who's registered at Boat Quay Conservation Area?

Key takeaway0 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.
  • Manufacturing
    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.

10

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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