CommercialCOMMERCIALConservationDistrict 1 · Outram

Kreta Ayer Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2010
Quick Summary

Kreta Ayer Conservation Area is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. 3 transactions are on record since 1995, most recently in Oct 2010. 2 units are currently listed for sale or rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Kreta Ayer Conservation Area?

Key takeawayKreta Ayer Conservation Area is a commercial building in District 1 · Outram, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 1 · Outram
Address
3 Temple Street
Land area
Transactions on record
3 (records start 1995)
Live listings
2
ACRA registrations
0
2

About Kreta Ayer Conservation Area

Kreta Ayer Conservation Area is a commercial conservation area in Outram (District 01). It is located along Temple Street, Singapore 058556.

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.

3 transactions have been recorded here, at a median of S$1,187 psf. The most recent was in October 2010.

The nearest MRT is Chinatown MRT, 215 m away (about a 3-minute walk). The closest bus stop (Opp Sri Mariamman Tp) is 51 m away (about a 1-minute walk).

3

What is Kreta Ayer Conservation Area zoned as?

Key takeawayKreta Ayer 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
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Kreta Ayer Conservation Area sold for?

Key takeaway3 transactions are on record since 1995, most recently in Oct 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2010Shop HouseS$600k1,011 sqft$594
May 2005Shop HouseS$1.25M1,011 sqft$1,237
Oct 2000Shop HouseS$1.20M1,011 sqft$1,187

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

What do commercial rents run near Kreta Ayer Conservation Area?

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

Indicative area yield — District 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
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, 2026Q2)

Floor level · size band25th pctMedian75th 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 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.

6

What is available at Kreta Ayer Conservation Area right now?

Key takeaway2 units are currently listed at Kreta Ayer Conservation Area1 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (1)

  • Temple StreetS$22.00M · 3,000 sqft

For rent (1)

  • Near 2 MRTs - Chinatown 3 Shophouse Spaces For Rent!S$5k/mo · 980 sqft

Browse every listing at this building →

7

What is near Kreta Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 215 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 21 mOpp Sri Mariamman Tp · 51 mVienna Medical Clinic · 71 mHotel · 133 mMaxwell MRT Exit 2 · 155 mAnn Siang Hill Pk · 196 mKreta Ayer Community Club · 240 mOutram Polyclinic · 786 mEducational Institution · 817 mSingapore General Hospital · 985 m

Competing premises nearby

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

Chinatown Complex Market & Hawker Centre · 183 mHong Heng Seng · 203 mCross Street Exchange · 262 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Kreta Ayer 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.

9

Frequently asked questions about Kreta Ayer Conservation Area

Where is Kreta Ayer Conservation Area?

Kreta Ayer Conservation Area is at 3 Temple Street, Singapore 058556, 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 3 recorded transactions, the median price is S$1,187 psf. The latest was in October 2010.

What is the nearest MRT station to Kreta Ayer Conservation Area?

Chinatown MRT is the closest, 215 m away (about a 3-minute walk).

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