CommercialCOMMERCIALConservation999-year leaseholdDistrict 1 · Outram

Kreta Ayer Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2021
Quick Summary

Kreta Ayer Conservation Area is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in Aug 2021. 2 units are currently listed for rent. ACRA records 100 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, held 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
999-year leasehold
District / Area
District 1 · Outram
Address
202,204 South Bridge Road
Land area
Transactions on record
2 (records start 1995)
Live listings
2
ACRA registrations
100
2

About Kreta Ayer Conservation Area

Kreta Ayer Conservation Area is a commercial conservation area in Outram (District 01). It is located along South Bridge Road, Singapore 058751.

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 999-year leasehold, with about 850 years remaining on the lease.

2 transactions have been recorded here, at a median of S$7,798 psf. The most recent was in August 2021.

100 businesses are currently registered at this address with ACRA.

The nearest MRT is Chinatown MRT, 104 m away (about a 2-minute walk). The closest bus stop (Opp Chinatown Stn) is 77 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway2 transactions are on record since 1995, most recently in Aug 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2021Shop HouseS$35.00M2,455 sqft$14,255
May 2006Shop HouseS$3.29M2,455 sqft$1,340

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 South Bridge Road price?

Strata sales on the street (5y)
8

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 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.

7

What is available at Kreta Ayer Conservation Area right now?

Key takeaway2 units are currently listed at Kreta Ayer Conservation Area. One row per unit; several agents often market the same unit.

For rent (2)

  • Chinatown/Telok Ayer/AmoyS$4k/mo · 563 sqft
  • Kreta Ayer Conservation AreaS$18k/mo · 2,455 sqft

Browse every listing at this building →

8

What is near Kreta Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 104 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 37 mHotel · 58 mOpp Chinatown Stn · 77 mChinatown MRT Exit F · 88 mCross Street Medical Clinic · 104 mAnn Siang Hill Pk · 280 mKreta Ayer Community Club · 405 mEducational Institution · 927 mOutram Polyclinic · 938 mSingapore General Hospital · 1.1 km

Competing premises nearby

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

Cross Street Exchange · 121 mHong Lim Market & Food Centre · 193 mNTUC Fairprice Co-operative Ltd · 201 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Kreta Ayer Conservation Area?

Key takeawayACRA records 100 live company registrations at this address, 43 of them in the last three years.
Live registrations
100
Registered last 3 years
43
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

Frequently asked questions about Kreta Ayer Conservation Area

Where is Kreta Ayer Conservation Area?

Kreta Ayer Conservation Area is at 202,204 South Bridge Road, Singapore 058751, 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.

What is the tenure of Kreta Ayer Conservation Area?

Kreta Ayer Conservation Area is 999-year leasehold. About 850 years remain on the lease.

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 2 recorded transactions, the median price is S$7,798 psf. The latest was in August 2021.

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

Chinatown MRT is the closest, 104 m away (about a 2-minute walk).

How many businesses are registered at Kreta Ayer Conservation Area?

100 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.

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