CommercialCOMMERCIALConservation999-year leaseholdDistrict 1 · Singapore River

Boat Quay Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2014
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 Jun 2014. 1 unit is currently listed for 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
57 South Bridge Road
Land area
—
Completed
Not on record
Storeys
6 (© OpenStreetMap contributors)
Submarket
City Fringe
Listed as
Shop / Shophouse
Transactions on record
2 (records start 1995)
Live listings
1
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 058688.

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$4,602 psf. The most recent was in June 2014.

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 15 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Jun 2014 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2014Shop HouseS$7.10M1,369 sqft$5,186
Jan 2013Shop HouseS$5.50M1,369 sqft$4,017

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 rent is published for Boat Quay Conservation Area itself. On its street, South Bridge Road, retail space rented at a median of $4.73 psf a month in 2026Q3, with the middle half of leases between $4.20 and $4.99. That is not this building's own rent, and never a quote for a particular unit.

Retail space on South Bridge Road

Street level · 2026Q3
25th pct
$4.20
$45.22 psm
Median
$4.73
$50.92 psm
75th pct
$4.99
$53.72 psm

S$ per sq ft per month · median -27.6% on a year earlier

2023Q2 · $43.57 psm2026Q3 · $50.92 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on South Bridge Road

Street level · 2026Q3
25th pct
$4.36
$46.94 psm
Median
$4.99
$53.74 psm
75th pct
$8.75
$94.19 psm

S$ per sq ft per month · median +2.4% on a year earlier

2023Q4 · $46.43 psm2026Q3 · $53.74 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

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's planning decisions at Boat Quay Conservation Area since 2000 are below. 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. 18 Sept 2025Renewed
    Continued use as restaurant

    Continued use of the 1st storey (unit 57 and part of unit 61) of the integrated development comprising a 2-storey conserved shophouse with roof mezzanine and a 6-storey conserved building as restaurant at 57 and 61 south bridge road on lot 99668w, 00526p ts04 at 57 south bridge road, 61 south bridge road (boat quay conservation area)d

  2. 22 Feb 2023Renewed
    Continued use as restaurant

    Continued use of the 1st storey (unit 57 and part of unit 61) of the integrated development comprising a 2-storey conserved shophouse with roof mezzanine and a 6-storey conserved building as restaurant at 57 and 61 south bridge road

  3. 1 Dec 2021Renewed
    Continued use as restaurant

    Continued use of the 1st storey (unit 57 and part of unit 61) of the integrated development comprising a 2-storey conserved shophouse with roof mezzanine and a 6-storey conserved building as restaurant at 57 and 61 south bridge road

  4. 1 Jun 2020Renewed
    Continued use as restaurant

    Continued use of the 1st storey of the integrated development comprising a 2-storey conserved shophouse with roof mezzanine and a 6-storey conserved building as restaurant at 57 and 61 south bridge road

  5. 7 Jun 2019Renewed
    Continued use as restaurant

    Continued use of the 1st storey of the integrated development comprising a 2-storey conserved shophouse with roof mezzanine and a 6-storey conserved building at 57 and 61 south bridge road as restaurant

  6. 18 Sept 2017Approved
    Additions & alterations

    Proposed amendment to approved integrated development comprising proposed additions and alterations of an existing 2-storey conserved shophouse with roof mezzanine and an existing 6-storey conserved building for hotel use (total 41 rooms) on upper storey and 1st storey for restaurant use at 57 and 61 south bridge road on lot 99668w & 00526p ts04

  7. 20 Oct 2016Approved
    Additions & alterations

    Proposed amendment to approved integrated development comprising proposed additions and alterations of an existing 2-storey conserved shophouse with roof mezzanine and an existing 6-storey conserved building for hotel use (total 41 rooms) on upper storey and 1st storey for restaurant use at 57 and 61 south bridge road on lot 99668w & 00526p ts04

  8. 19 Nov 2015Approved
    Additions & alterations

    Proposed amendment to approved integrated development comprising proposed additions and alterations of an existing 2-storey conserved shophouse with roof mezzanine and an existing 6-storey conserved building for hotel use (total 42 rooms) on upper storey and 1st storey for restaurant use at 57 and 61 south bridge road on lot 99668w & 00526p ts04

  9. 28 May 2015Approved
    Additions & alterations

    An integrated development comprising proposed additions and alterations to the existing 2-storey conserved shophouse with roof mezzanine and an existing 6-storey conserved building for hotel use (total 43 rooms) on upper storey and 1st storey for restaurant use at 57 and 61 south bridge road on lot 99668w & 00526p ts04

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 South Bridge Road price?

Strata sales on the street (5y)
7

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)

  • South bridge road nightclub with no takeover fees!S$20k/mo · 1,400 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 245 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Boat Quay · 15 mHotel · 46 mCosmopolitan Clinic · 72 mHong Lim Pk · 162 mClarke Quay MRT Exit A · 251 mPlace Of Worship · 278 mEducational Institution · 772 mKreta Ayer Community Club · 877 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 · 278 mHong Lim Market & Food Centre · 339 mNTUC Fairprice Co-operative 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 Clarke Quay (NE5), 245 m away — a moderately busy station, with about 31,000 taps in and out on an average weekday. 19 public car parks are within 500 m.
Foot traffic: busier than 75% of retail buildings

nearest MRT/LRT Clarke Quay (NE5) 245 m, about 31,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 11, about 19,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 11,000 residents within 1 km (June 2026); 12 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

  • Clarke Quay (NE5)245 m · about 31,000 weekday taps
  • Raffles Place (EW14 / NS26)419 m · about 133,000 weekday taps
  • Chinatown (NE4 / DT19)443 m · about 97,000 weekday taps
  • Telok Ayer (DT18)493 m · about 37,000 weekday taps
  • Fort Canning (DT20)749 m · about 14,000 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

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

Public car parks within 500 m

  • Backlane (North Canal Rd - Circular Rd) (URA)53 m
  • Lor Telok (URA)53 m
    S$1.20 per half-hour at midday on a weekday · 21 car lots
  • Backlane (Hongkong St - Carpenter St) (URA)77 m
  • North Canal Rd (URA)99 m
    S$1.20 per half-hour at midday on a weekday · 24 car lots
  • Hong Kong St (URA)114 m
    S$1.20 per half-hour at midday on a weekday · 32 car lots

Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.0 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 takeaway1 live company (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

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 57 South Bridge Road, Singapore 058688, 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$4,602 psf. The latest was in June 2014.

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.

For agents · in the PropKaki app

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