Kreta Ayer Conservation Area
Kreta Ayer Conservation Area is a commercial building in District 1 · Outram. 1 transaction is on record since 1995, most recently in Aug 2001. ACRA records 0 live company registrations at this address.
What are the key facts about Kreta Ayer Conservation Area?
- Asset class
- Commercial
- Land-use zone
- Not on record
- Gross plot ratio
- —
- Tenure
- Not on record
- District / Area
- District 1 · Outram
- Address
- 52 Pagoda Street
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Transactions on record
- 1 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Kreta Ayer Conservation Area
Kreta Ayer Conservation Area is a commercial conservation area in Outram (District 01). It is located along Pagoda Street, Singapore 059211.
1 transaction has been recorded here, at a median of S$493 psf. The most recent was in August 2001.
What has Kreta Ayer Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Aug 2001 | Shop House | S$1.59M | 3,224 sqft | $493 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Kreta Ayer Conservation Area rent for?
Retail space — District 1 retail
Region band · 2026Q3S$ 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 1 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).
Market context around Kreta Ayer Conservation Area
- Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
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.
What's been approved at Kreta Ayer Conservation Area?
- 21 Nov 2024ApprovedChange of use: shop → fitness centre
Change of use at 2nd & 3rd storey unit of the conserved 3-storey shophouse ts06 on lot 99608a at 52 pagoda street from shop to fitness centre (yoga) (chinatown (kreta ayer) conservation area)
- 30 Mar 2023ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations to existing 3-storey conserved shophouse with change of use from shop to restaurant on 1st storey and backpacker hostel to shop on 2nd & 3rd storey on lot 99607t & 99608a ts06 at 52 pagoda street, s-059211 (chinatown - kreta ayer conservation area)
- 5 Oct 2022ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations to existing 3-storey conserved shophouse with change of use from shop to restaurnat on 1st storey and backpacker hostel to shop on 2nd and 3rd storey on lot 99607t & 99608a ts06 at 52 pagoda street, s-059211 (chinatown-kreta ayer conservation area) on lot 99607t, 99608a ts06 at 52 pagoda street (chinatown-kreta ayer conservation area)
- 11 Aug 2021RenewedContinued use as backpackers' hostel
Continued use at 2nd & 3rd storey units of the 3-storey building ts06 on lot 99608a at 52 pagoda street as backpackers' hostel (38 beds) (chinatown (kreta ayer) conservation area)
- 17 Feb 2021ApprovedAdditions & alterations
Proposed additions and alterations to existing 3-storey conserved shophouse on lot 99608a ts06 at 52 pagoda street (chinatown - kreta ayer conservation area)
- 19 Oct 2020ApprovedChange of use to backpackers' hostel
Change of use at 2nd storey unit of the 3-storey building ts06 on lot 99608a at 52 pagoda street to backpackers' hostel (38 beds) (chinatown (kreta ayer) conservation area)
- 23 Aug 2017RenewedContinued use as boarding house
Continued use at 2nd and 3rd storey of the 3-storey building ts06 on lot 99608a at 52 pagoda street as boarding house (13 rooms & 38 beds) (chinatown (kreta ayer) conservation area)
- 1 Aug 2016RenewedContinued use as boarding house
Continued use at 2nd and 3rd storey of the 3-storey building ts06 on lot 99608a at 52 pagoda street as boarding house (13 rooms & 38 beds) (chinatown (kreta ayer) conservation area)
- 5 Aug 2015RenewedContinued use as boarding house
Continued use at 2nd and 3rd storey of the 3-storey building ts06 on lot 99608a at 52 pagoda street as boarding house (chinatown (kreta ayer) conservation area)
- 4 Sept 2013RenewedContinued use as boarding house
Continued use at 2nd and 3rd storey of the existing 3-storey building from shop to boarding house at 52 pagoda street (chinatown - kreta ayer conservation area)
- 21 Oct 2002ApprovedAdditions & alterations
Proposed additions & alterations to the 1st storey of an existing 3-storey building and use of 1st storey as restaurant, 2nd and 3rd storey as office.
- 18 Jul 2002ApprovedChange of use: shop → restaurant
Proposed change of use of 1st storey from shop to restaurant
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$54.50 per unit).
What do commercial rents run near Kreta Ayer Conservation Area?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $82.69 | $99.35 | $120.39 |
| Level 1 · 30 & Below | $172.73 | $245.52 | $332.57 |
| B1 & Below · 30 & Below | $87.33 | $172.91 | $321.72 |
| Level 2 & 3 · >30 - 100 | $77.43 | $95.09 | $183.52 |
| Level 1 · >30 - 100 | $106.77 | $168.33 | $217.05 |
| B1 & Below · >30 - 100 | $117.40 | $198.29 | $365.38 |
| Level 1 · >100 - 300 | $115.69 | $148.57 | $187.43 |
| B1 & Below · >100 - 300 | $148.73 | $233.33 | $396.56 |
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.
Who's registered at Kreta Ayer Conservation Area?
- Wholesale and retail trade0
- Accommodation and food services0
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.
Frequently asked questions about Kreta Ayer Conservation Area
Where is Kreta Ayer Conservation Area?⌄
Kreta Ayer Conservation Area is at 52 Pagoda Street, Singapore 059211, in the Outram planning area.
What have units at Kreta Ayer Conservation Area sold for?⌄
Across 1 recorded transaction, the median price is S$493 psf. The latest was in August 2001.
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.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
