CommercialLeaseholdDistrict 7 · Rochor

Kampong Glam Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2005
Quick Summary

Kampong Glam Conservation Area is a commercial building in District 7 · Rochor. It is leasehold with roughly 10 years remaining. 2 transactions are on record since 1995, most recently in Dec 2005. ACRA records 0 live company registrations at this address.

1

What are the key facts about Kampong Glam Conservation Area?

Key takeawayKampong Glam Conservation Area is a commercial building in District 7 · Rochor, held leasehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Leasehold
District / Area
District 7 · Rochor
Address
54,56 Aliwal Street
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About Kampong Glam Conservation Area

Kampong Glam Conservation Area is a commercial conservation area in Rochor (District 07). It is located along Aliwal Street, Singapore 199930.

The site is leasehold, with about 10 years remaining on the lease.

2 transactions have been recorded here, at a median of S$262 psf. The most recent was in December 2005.

3

What has Kampong Glam Conservation Area sold for?

Key takeaway2 transactions are on record since 1995, most recently in Dec 2005 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2005Shop HouseS$690k2,579 sqft$268
Jan 2005Shop HouseS$660k2,579 sqft$256

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

4

What does space at Kampong Glam Conservation Area rent for?

Key takeawayNo street- or building-level rent is published here. Across District 7 retail, retail space rented at a median of $9.31 psf a month in 2026Q3, with the middle half of leases between $7.09 and $13.31. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 7 retail

Region band · 2026Q3
25th pct
$7.09
$76.30 psm
Median
$9.31
$100.25 psm
75th pct
$13.31
$143.24 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 7 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).

5

Market context around Kampong Glam Conservation Area

Key takeawayBrokers' retail figures for Singapore as a whole — 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 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.

6

What's been approved at Kampong Glam Conservation Area?

Key takeawayURA's planning decisions at Kampong Glam 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.
  1. 10 May 2007Approved
    Additions & alterations

    Proposed additions and alterations to 3 units of existing 2-storey conservation building with roof mezzanine and change of use to hotel on lots 296-4, 296-5 & 296-6 ts 14 at 54, 56 & 58 aliwal street (kampong glam conservation area)

  2. 18 Jan 2006Approved
    Additions & alterations

    Proposed additions & alterations to existing 2 storey building with new roof mezzanine and change of use from residential to office at 2nd storey and use of 1st storey as shop & roof mezzanine as office

  3. 2 Nov 2004Approved
    Additions & alterations

    Proposed additions & alterations to existing 2 storey building and change of use at 2nd storey from residential to office and use of 1st storey as shop and roof mezzanine as office

  4. 24 Nov 2003Approved
    Additions & alterations

    Proposed additions/ alterations to existing 2 storey building and change of use at 2nd storey from residential to office and use of 1st storey as shop and roof mezzanine as office on lot 296-5 & 296-6 ts 14 at 54 & 56 aliwal street

  5. 6 Nov 2002Approved
    Additions & alterations

    Extn of wp - proposed a/a to existing 2 storey building and change of use at 2nd storey from residential to office and use of 1st storey as shop and roof mezzanine as office

  6. 3 Nov 2000Approved
    Additions & alterations

    Proposed additions & alterations to existing 2-storey building and change of use at 2nd storey from residential to office and use of 1st-storey as shop and roof mazzanine as office

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).

7

How does Aliwal Street 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.

8

What do commercial rents run near Kampong Glam 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 7 retail

Gross yield (area)
4.8%
4.3% net of property tax
Rent side (median of bands)
$100.25 psm/mo
2026Q3
Price side (strata, 5y)
$2,348 psf
241 sales

An INDICATIVE AREA yield for District 7 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 7 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$93.33$113.33$165.94
Level 4 & Above · 30 & Below$69.42$79.17$140.05
B1 & Below · 30 & Below$94.66$392.16$721.70
Level 2 & 3 · 30 & Below$71.79$88.95$100.36
Level 1 · >30 - 100$84.41$129.03$192.55
Level 2 & 3 · >30 - 100$53.85$86.57$113.16
B1 & Below · >30 - 100$71.03$80.88$146.17
Level 4 & Above · >30 - 100$47.06$59.43$68.42

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.

9

How many companies are registered at Kampong Glam 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.

10

Frequently asked questions about Kampong Glam Conservation Area

Where is Kampong Glam Conservation Area?⌄

Kampong Glam Conservation Area is at 54,56 Aliwal Street, Singapore 199930, in the Rochor planning area.

What is the tenure of Kampong Glam Conservation Area?⌄

Kampong Glam Conservation Area is leasehold. About 10 years remain on the lease.

What have units at Kampong Glam Conservation Area sold for?⌄

Across 2 recorded transactions, the median price is S$262 psf. The latest was in December 2005.

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