CommercialCOMMERCIALConservation999-year leaseholdDistrict 1 · Singapore River

Boat Quay Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2018
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. 2 transactions are on record since 1995, most recently in Dec 2018. 3 units are currently listed for sale or rent. ACRA records 1 live company registration 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
49,49a,49b South Bridge Road
Land area
Transactions on record
2 (records start 1995)
Live listings
3
ACRA registrations
1
2

About Boat Quay Conservation Area

Boat Quay Conservation Area is a commercial conservation area in Singapore River (District 01). It is located along South Bridge Road, Singapore 058681.

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 804 years remaining on the lease.

2 transactions have been recorded here, at a median of S$7,076 psf. The most recent was in December 2018.

1 business is currently registered at this address with ACRA.

The nearest MRT is Clarke Quay MRT, 245 m away (about a 4-minute walk). The closest bus stop (Boat Quay) is 34 m away (about a 0-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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway2 transactions are on record since 1995, most recently in Dec 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2018Shop HouseS$13.80M1,418 sqft$9,735
Mar 2013Shop HouseS$6.26M1,418 sqft$4,416

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 South Bridge Road price?

Strata sales on the street (5y)
8

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 available at Boat Quay Conservation Area right now?

Key takeaway3 units are currently listed at Boat Quay Conservation Area2 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • 中央商业区黄金地段第 1邮区,驳船码头保护区,饮食业店屋出售! 999年地契,无需买家而外印花税!海外投资者可以购买!S$16.00M · 2,888 sqft
  • South Bridge RoadS$38.00M · 10,503 sqft

For rent (1)

  • South Bridge Road3 agentsS$7k/mo · 1,549 sqft

Browse every listing at this building →

8

What is near Boat Quay Conservation Area?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 245 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 33 mBoat Quay · 34 mCosmopolitan Clinic · 86 mHong Lim Pk · 189 mClarke Quay MRT Exit E · 248 mPlace Of Worship · 296 mEducational Institution · 747 mKreta Ayer Community Club · 906 mSingapore General Hospital · 1.5 km

Competing premises nearby

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

Clarke Quay Central · 273 mHong Lim Market & Food Centre · 366 mCold Storage Singapore (1983) Pte Ltd · 455 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Boat Quay Conservation Area?

Key takeawayACRA records 1 live company registration at this address.
Live registrations
1
Registered last 3 years
0
Most common type
Local Company

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.

10

Frequently asked questions about Boat Quay Conservation Area

Where is Boat Quay Conservation Area?

Boat Quay Conservation Area is at 49,49A,49B South Bridge Road, Singapore 058681, 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 804 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 2 recorded transactions, the median price is S$7,076 psf. The latest was in December 2018.

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

Clarke Quay MRT is the closest, 245 m away (about a 4-minute walk).

How many businesses are registered at Boat Quay Conservation Area?

1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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