CommercialCOMMERCIALConservation999-year leaseholdDistrict 1 · Singapore River

Boat Quay Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2006
Quick Summary

Boat Quay Conservation Area is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL under the URA Master Plan. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Aug 2006. 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, zoned COMMERCIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
999-year leasehold
District / Area
District 1 · Singapore River
Address
33 Boat Quay
Land area
Transactions on record
1 (records start 1995)
Live listings
None
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 Boat Quay, Singapore 049822.

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.

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$2,894 psf. The most recent was in August 2006.

The nearest MRT is Raffles Place MRT, 297 m away (about a 5-minute walk). The closest bus stop (Boat Quay) is 201 m away (about a 3-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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Aug 2006 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2006Shop HouseS$4.15M1,434 sqft$2,894

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.

5

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.

6

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

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

7

What is near Boat Quay Conservation Area?

Key takeawayThe nearest MRT/LRT is Raffles Place MRT, about 297 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Cosmopolitan Clinic · 120 mPlace Of Worship · 171 mBoat Quay · 201 mHotel · 221 mRaffles Place MRT Exit G · 232 mParliament Promenade · 270 mEducational Institution · 883 mKreta Ayer Community Club · 928 m

Competing premises nearby

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

One Raffles Place · 251 mMarket Street Hawker Centre · 254 m

Straight-line distances. Source: PropKaki amenities data.

8

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.

9

Frequently asked questions about Boat Quay Conservation Area

Where is Boat Quay Conservation Area?

Boat Quay Conservation Area is at 33 Boat Quay, Singapore 049822, 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.

What is the tenure of Boat Quay Conservation Area?

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

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$2,894 psf. The latest was in August 2006.

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

Raffles Place MRT is the closest, 297 m away (about a 5-minute walk).

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