CommercialCOMMERCIALConservationFreeholdDistrict 2 · Outram

Hotel 1929

Reviewed by Nathan TangUpdated 8 November 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
Completed
Not on record
Storeys
3 (© OpenStreetMap contributors)
Submarket
City Fringe
Listed as
Shop / Shophouse
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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. sqm ↔ sq ft converter

5

What does space at Hotel 1929 rent for?

Key takeawayNo street- or building-level rent is published here. Across District 2 retail, retail space rented at a median of $8.70 psf a month in 2026Q3, with the middle half of leases between $7.84 and $9.99. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 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 2 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 Hotel 1929

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 Hotel 1929

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units 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 Hotel 1929?

Key takeawayURA's planning decisions at Hotel 1929 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. 6 Feb 2003Approved
    Additions & alterations

    Proposed amendments to approved a/a to existing 3 sty bldg & roof mezzanine & use as hotel with provision of restaurant at 1st sty (decision 210502-15f1 dated 21-6-2002)

  2. 21 Jun 2002Approved
    Additions & alterations

    Proposed additions/alterations to existing 3 storey building with roof mezzanine and use as hotel with provision of restaurant at 1st storey.

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 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.

10

What do commercial rents run near Hotel 1929?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

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 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)

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

Browse every listing at this building →

12

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.

13

Getting there and parking at Hotel 1929

Key takeawayThe nearest station is Maxwell (TE18), 141 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 42 public car parks are within 500 m.
Foot traffic: busier than 97% of retail buildings

nearest MRT/LRT Maxwell (TE18) 141 m, about 23,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 13, about 32,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 26,000 residents within 1 km (June 2026); 4 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

  • Maxwell (TE18)141 m · about 23,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)173 m · about 78,000 weekday taps
  • Chinatown (NE4 / DT19)389 m · about 97,000 weekday taps
  • Tanjong Pagar (EW15)595 m · about 85,000 weekday taps
  • Telok Ayer (DT18)666 m · about 37,000 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 Hotel 1929. Transfers between lines don't tap, so interchanges read low.

Bus

13 bus stops within 400 m, with about 32,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Keong Saik R D - Neil Rd) (URA)17 m
  • Teck Lim Rd (URA)56 m
    S$1.20 per half-hour at midday on a weekday · 14 car lots
  • Backlane (Jiak Chuan R D - Teck Lim Rd) (URA)79 m
  • Keong Saik Rd (URA)88 m
    S$1.20 per half-hour at midday on a weekday · 68 car lots
  • Teo Hong Rd - New Brid Ge Rd Off St (URA)106 m
    S$1.20 per half-hour at midday on a weekday · 31 car lots

Nearest URA season parking: Blair Road-Everton Roa D Area, 725 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Hotel 1929's own car park, if it has one, and its charges are not in the open data.

14

Who's registered at Hotel 1929?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list Hotel 1929 as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    2
  • Manufacturing
    1
  • Wholesale and retail trade
    1
  • Financial and insurance
    0
  • Real estate
    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.

15

What is Hotel 1929's BCA building profile?

BCA building type
Hotel
Green Mark
NA (NA)
Energy use intensity
192 kWh/m²·yr
16

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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