CommercialCOMMERCIALConservationFreeholdDistrict 2 · Outram

Hotel 1929

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2013
Quick Summary

Hotel 1929 is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 1 transaction is on record since 1995, most recently in Aug 2013. 2 units are currently listed for rent. ACRA records 4 live company registrations at this address.

1

What are the key facts about Hotel 1929?

Key takeawayHotel 1929 is a commercial building in District 2 · Outram, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 2 · Outram
Address
50 Keong Saik Road
Land area
305 sqm
Transactions on record
1 (records start 1995)
Live listings
2
ACRA registrations
4
2

About Hotel 1929

Hotel 1929 is a commercial building in Outram (District 02). It is located along Keong Saik Road, Singapore 089154.

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 freehold. It occupies roughly 305 sqm of land.

1 transaction has been recorded here, at a median of S$10,668 psf. The most recent was in August 2013.

4 businesses are currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 232 m away (about a 4-minute walk). The closest bus stop (Opp Blk 333) is 52 m away (about a 1-minute walk).

3

What is Hotel 1929 zoned as?

Key takeawayHotel 1929 sits on land zoned COMMERCIAL, with conservation status, inside the Central Area.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Chinatown (Bukit Pasoh)
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

BCA-verified envelope: built 1,278 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Hotel 1929 sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2013 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2013Shop HouseS$35.00M3,281 sqft$10,668

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 Keong Saik Road 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 Hotel 1929?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

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 Hotel 1929 right now?

Key takeaway2 units are currently listed at Hotel 1929. One row per unit; several agents often market the same unit.

For rent (2)

  • Keong Saik RoadS$70k/mo · 4,624 sqft
  • 50 Keong Saik Road, 089154S$4k/mo · 650 sqft

Browse every listing at this building →

8

What is near Hotel 1929?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 232 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 30 mOpp Blk 333 · 52 mDuxton Plain Pk · 55 mGrace Clinic · 89 mHotel · 136 mKreta Ayer Community Club · 141 mMaxwell MRT Exit 3 · 141 mOutram Polyclinic · 409 mEducational Institution · 498 mSingapore General Hospital · 667 m

Competing premises nearby

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

Wan Siew Yoong · 163 mChinatown Complex Market & Hawker Centre · 226 mChinatown Point · 564 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Hotel 1929?

Key takeawayACRA records 4 live company registrations at this address.
Live registrations
4
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

What is Hotel 1929's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
192 kWh/m²·yr
11

Frequently asked questions about Hotel 1929

Where is Hotel 1929?

Hotel 1929 is at 50 Keong Saik Road, Singapore 089154, in the Outram planning area.

What is Hotel 1929 zoned as?

Hotel 1929 sits on land zoned commercial under the URA Master Plan.

What is the tenure of Hotel 1929?

Hotel 1929 is freehold.

Is Hotel 1929 a conserved property?

Yes. Hotel 1929 falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Hotel 1929 sold for?

Across 1 recorded transaction, the median price is S$10,668 psf. The latest was in August 2013.

What is the nearest MRT station to Hotel 1929?

Maxwell MRT is the closest, 232 m away (about a 4-minute walk).

How many businesses are registered at Hotel 1929?

4 businesses are 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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