CommercialCOMMERCIALConservationLeaseholdDistrict 2 · Outram

Tanjong Pagar Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2008
Quick Summary

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 67 years remaining. 1 transaction is on record since 1995, most recently in Jun 2008. ACRA records 0 live company registrations at this address.

1

What are the key facts about Tanjong Pagar Conservation Area?

Key takeawayTanjong Pagar Conservation Area is a commercial building in District 2 · Outram, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Leasehold
District / Area
District 2 · Outram
Address
41 Tras Street
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
0
2

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 078980.

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 67 years remaining on the lease.

1 transaction has been recorded here, at a median of S$2,439 psf. The most recent was in June 2008.

The nearest MRT is Tanjong Pagar MRT, 232 m away (about a 4-minute walk). The closest bus stop (Bef Craig Rd) is 114 m away (about a 2-minute walk).

3

What is Tanjong Pagar Conservation Area zoned as?

Key takeawayTanjong Pagar 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 (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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Tanjong Pagar Conservation Area sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jun 2008 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2008Shop HouseS$2.40M984 sqft$2,439

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 Tras Street price?

Strata sales on the street (5y)
1

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 Tanjong Pagar 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 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

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 band25th pctMedian75th 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 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 near Tanjong Pagar Conservation Area?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 232 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Heals Clinic · 16 mHotel · 22 mBef Craig Rd · 114 mPlace Of Worship · 161 mTanjong Pagar MRT Exit A · 211 mTras Link Pk · 220 mKreta Ayer Community Club · 367 mEducational Institution · 518 mOutram Polyclinic · 704 mOutram Community Hospital · 1.0 km

Competing premises nearby

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

Lotte Mart Pte. Ltd. · 69 mAmoy Street Food Centre · 219 mIcon Village · 346 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Tanjong Pagar 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.

9

Frequently asked questions about Tanjong Pagar Conservation Area

Where is Tanjong Pagar Conservation Area?

Tanjong Pagar Conservation Area is at 41 Tras Street, Singapore 078980, 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 67 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 1 recorded transaction, the median price is S$2,439 psf. The latest was in June 2008.

What is the nearest MRT station to Tanjong Pagar Conservation Area?

Tanjong Pagar MRT is the closest, 232 m away (about a 4-minute walk).

For agents · in the PropKaki app

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.

PropKaki
Tell me about Tanjong Pagar Conservation Area — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…
Chat on WhatsApp