Kreta Ayer Conservation Area
Kreta Ayer Conservation Area is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. 1 transaction is on record since 1995, most recently in Nov 1998. ACRA records 2 live company registrations at this address.
What are the key facts about Kreta Ayer Conservation Area?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Not on record
- District / Area
- District 1 · Outram
- Address
- 58,58a Smith Street
- Land area
- —
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 2
About Kreta Ayer Conservation Area
Kreta Ayer Conservation Area is a commercial conservation area in Outram (District 01). It is located along Smith Street, Singapore 058962.
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.
1 transaction has been recorded here, at a median of S$1,382 psf. The most recent was in November 1998.
2 businesses are currently registered at this address with ACRA.
The nearest MRT is Chinatown MRT, 245 m away (about a 4-minute walk). The closest bus stop (New Bridge Ctr) is 92 m away (about a 1-minute walk).
What is Kreta Ayer Conservation Area zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Chinatown (Kreta Ayer)
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Kreta Ayer Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 1998 | Shop House | S$1.50M | 1,085 sqft | $1,382 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
What do commercial rents run near Kreta Ayer Conservation Area?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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 band | 25th pct | Median | 75th 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.
What is near Kreta Ayer Conservation Area?
Getting around
- Chinatown MRT245 m · ~4 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Kreta Ayer Conservation Area?
- Live registrations
- 2
- Registered last 3 years
- 0
- Most common type
- Sole Proprietorship/ Partnership
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.
Frequently asked questions about Kreta Ayer Conservation Area
Where is Kreta Ayer Conservation Area?⌄
Kreta Ayer Conservation Area is at 58,58A Smith Street, Singapore 058962, in the Outram planning area.
What is Kreta Ayer Conservation Area zoned as?⌄
Kreta Ayer Conservation Area sits on land zoned commercial under the URA Master Plan.
Is Kreta Ayer Conservation Area a conserved property?⌄
Yes. Kreta Ayer Conservation Area falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Kreta Ayer Conservation Area sold for?⌄
Across 1 recorded transaction, the median price is S$1,382 psf. The latest was in November 1998.
What is the nearest MRT station to Kreta Ayer Conservation Area?⌄
Chinatown MRT is the closest, 245 m away (about a 4-minute walk).
How many businesses are registered at Kreta Ayer Conservation Area?⌄
2 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.
The facts are here — now get the verdict on Kreta Ayer Conservation Area.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.