CommercialRESIDENTIALConservationDistrict 2 · Bukit Merah

Tanjong Pagar Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2004
Quick Summary

Tanjong Pagar Conservation Area is a commercial building in District 2 · Bukit Merah, on land zoned RESIDENTIAL under the URA Master Plan. 1 transaction is on record since 1995, most recently in Apr 2004. 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 · Bukit Merah, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 2 · Bukit Merah
Address
137 Neil Road
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 mixed-use conservation area in Bukit Merah (District 02). It is located along Neil Road, Singapore 088866.

Under the URA Master Plan it sits on land zoned residential. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

1 transaction has been recorded here, at a median of S$942 psf. The most recent was in April 2004.

The nearest MRT is Outram Park MRT, 484 m away (about a 8-minute walk). The closest bus stop (Blk 3) is 58 m away (about a 1-minute walk).

3

What is Tanjong Pagar Conservation Area zoned as?

Key takeawayTanjong Pagar Conservation Area sits on land zoned RESIDENTIAL, with conservation status.
Land-use zone
RESIDENTIAL
Gross plot ratio
Subject to Evaluation
Conservation area
Blair Plain
Conserved building
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Apr 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2004Shop HouseS$1.50M1,593 sqft$942

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 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

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 Tanjong Pagar Conservation Area?

Key takeawayThe nearest MRT/LRT is Outram Park MRT, about 484 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

A Medical Clinic · 25 mBlk 3 · 58 mEducational Institution · 177 mOutram Park MRT Exit 6 · 214 mOutram Polyclinic · 269 mOutram Community Hospital · 273 mHotel · 326 mTanjong Pagar Community Club · 425 mPlace Of Worship · 480 mBusiness Park · 624 m

Competing premises nearby

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

Blk 6 Tanjong Pagar Plaza · 587 m100 Am · 677 m

Straight-line distances. Source: PropKaki amenities data.

7

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.

8

Frequently asked questions about Tanjong Pagar Conservation Area

Where is Tanjong Pagar Conservation Area?

Tanjong Pagar Conservation Area is at 137 Neil Road, Singapore 088866, in the Bukit Merah planning area.

What is Tanjong Pagar Conservation Area zoned as?

Tanjong Pagar Conservation Area sits on land zoned residential under the URA Master Plan.

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$942 psf. The latest was in April 2004.

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

Outram Park MRT is the closest, 484 m away (about a 8-minute walk).

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