CommercialDistrict 1 · Outram

Kreta Ayer Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2001
Quick Summary

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.

1

What are the key facts about Kreta Ayer Conservation Area?

Key takeawayKreta Ayer Conservation Area is a commercial building in District 1 · Outram.
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
Transactions on record
1 (records start 1995)
Live listings
None
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 Pagoda Street, Singapore 059211.

1 transaction has been recorded here, at a median of S$493 psf. The most recent was in August 2001.

3

What has Kreta Ayer Conservation Area sold for?

Key takeaway1 transaction is on record since 1995, most recently in Aug 2001 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Aug 2001Shop HouseS$1.59M3,224 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.

4

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

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.

5

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.

6

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.

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