CommercialCOMMERCIALConservationFreeholdDistrict 1 · Outram

Kreta Ayer Conservation Area

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2018
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 freehold. 1 transaction is on record since 1995, most recently in May 2018. 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, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 1 · Outram
Address
9 Trengganu 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 Trengganu Street, Singapore 058463.

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 freehold.

1 transaction has been recorded here, at a median of S$9,290 psf. The most recent was in May 2018.

The nearest MRT is Chinatown MRT, 166 m away (about a 3-minute walk). The closest bus stop (Opp Sri Mariamman Tp) is 143 m away (about a 2-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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway1 transaction is on record since 1995, most recently in May 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2018Shop HouseS$10.00M1,076 sqft$9,290

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 near Kreta Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Chinatown MRT, about 166 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 49 mChinatown MRT Exit A · 102 mFullerton Health @ OFC · 123 mOpp Sri Mariamman Tp · 143 mHotel · 187 mKreta Ayer Community Club · 244 mAnn Siang Hill Pk · 290 mOutram Polyclinic · 764 mEducational Institution · 799 mSingapore General Hospital · 927 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 · 144 mWan Siew Yoong · 205 mChinatown Point · 229 m

Straight-line distances. Source: PropKaki amenities data.

7

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.

8

Frequently asked questions about Kreta Ayer Conservation Area

Where is Kreta Ayer Conservation Area?⌄

Kreta Ayer Conservation Area is at 9 Trengganu Street, Singapore 058463, 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 freehold.

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$9,290 psf. The latest was in May 2018.

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

Chinatown MRT is the closest, 166 m away (about a 3-minute walk).

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