Tanjong Pagar Conservation Area
Tanjong Pagar Conservation Area is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 68 years remaining. 3 transactions are on record since 1995, most recently in Dec 2010. 1 unit is currently listed for rent. ACRA records 33 live company registrations at this address.
What are the key facts about Tanjong Pagar Conservation Area?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 2 · Outram
- Address
- 40 Tras Street
- Land area
- —
- Transactions on record
- 3 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 33
About Tanjong Pagar Conservation Area
Tanjong Pagar Conservation Area is a commercial conservation area in Outram (District 02). It is located along Tras Street, Singapore 078979.
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 leasehold, with about 68 years remaining on the lease.
3 transactions have been recorded here, at a median of S$1,713 psf. The most recent was in December 2010.
33 businesses are currently registered at this address with ACRA.
The nearest MRT is Maxwell MRT, 246 m away (about a 4-minute walk). The closest bus stop (Bef Craig Rd) is 95 m away (about a 2-minute walk).
What is Tanjong Pagar Conservation Area zoned as?
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Conservation area
- Chinatown (Tanjong Pagar)
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Tanjong Pagar Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2010 | Shop House | S$3.15M | 1,366 sqft | $2,306 |
| Aug 2009 | Shop House | S$2.34M | 1,366 sqft | $1,713 |
| Oct 2006 | Shop House | S$1.55M | 1,366 sqft | $1,135 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Tras Street price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Tanjong Pagar Conservation Area?
Indicative area yield — District 2 retail
An INDICATIVE AREA yield for District 2 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 2 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $117.18 | $135.69 | $145.64 |
| Level 4 & Above · 30 & Below | $133.48 | $175.00 | $176.97 |
| Level 2 & 3 · 30 & Below | $88.69 | $92.35 | $103.79 |
| B1 & Below · >30 - 100 | $182.74 | $186.04 | $189.76 |
| Level 1 · >30 - 100 | $92.17 | $98.21 | $149.16 |
| Level 2 & 3 · >30 - 100 | $83.42 | $86.12 | $95.80 |
| Level 1 · >100 - 300 | $32.29 | $69.32 | $110.19 |
Office rents — Central Area ($ psm/month, 2026Q2)
| Building class · size band | 25th pct | Median | 75th 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.
What is available at Tanjong Pagar Conservation Area right now?
For rent (1)
- ❤️️ Shophouse @ Tras St ❤️️S$15k/mo · 1,800 sqft
What is near Tanjong Pagar Conservation Area?
Getting around
- Maxwell MRT246 m · ~4 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Tanjong Pagar Conservation Area?
- Live registrations
- 33
- Registered last 3 years
- 20
- 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.
Frequently asked questions about Tanjong Pagar Conservation Area
Where is Tanjong Pagar Conservation Area?⌄
Tanjong Pagar Conservation Area is at 40 Tras Street, Singapore 078979, in the Outram planning area.
What is Tanjong Pagar Conservation Area zoned as?⌄
Tanjong Pagar Conservation Area sits on land zoned commercial under the URA Master Plan.
What is the tenure of Tanjong Pagar Conservation Area?⌄
Tanjong Pagar Conservation Area is leasehold. About 68 years remain on the lease.
Is Tanjong Pagar Conservation Area a conserved property?⌄
Yes. Tanjong Pagar Conservation Area falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Tanjong Pagar Conservation Area sold for?⌄
Across 3 recorded transactions, the median price is S$1,713 psf. The latest was in December 2010.
What is the nearest MRT station to Tanjong Pagar Conservation Area?⌄
Maxwell MRT is the closest, 246 m away (about a 4-minute walk).
How many businesses are registered at Tanjong Pagar Conservation Area?⌄
33 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.
The facts are here — now get the verdict on Tanjong Pagar Conservation Area.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.