CommercialLeaseholdDistrict 2 · Outram

Tanjong Pagar Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2011
Quick Summary

Tanjong Pagar Conservation Area is a commercial building in District 2 · Outram. It is leasehold with roughly 65 years remaining. 1 transaction is on record since 1995, most recently in Apr 2011. 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, held leasehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Leasehold
District / Area
District 2 · Outram
Address
47,49,51 Tanjong Pagar Road
Land area
—
Completed
Not on record
Storeys
Not on record
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 Tanjong Pagar Road, Singapore 088468.

The site is leasehold, with about 65 years remaining on the lease.

1 transaction has been recorded here, at a median of S$3,646 psf. The most recent was in April 2011.

3

What has Tanjong Pagar Conservation Area sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2011 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Apr 2011Shop HouseS$12.50M3,428 sqft$3,646

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. sqm ↔ sq ft converter

4

What does space at Tanjong Pagar Conservation Area rent for?

Key takeawayNo rent is published for Tanjong Pagar Conservation Area itself. On its street, Tanjong Pagar Road, office space rented at a median of $5.50 psf a month in 2025Q3. That is not this building's own rent, and never a quote for a particular unit.

Office space on Tanjong Pagar Road

Street level · 2025Q3
25th pct
—
— psm
Median
$5.50
$59.20 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 2 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

5

Market context around Tanjong Pagar Conservation Area

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

6

What's been approved at Tanjong Pagar Conservation Area?

Key takeawayURA has approved 3 changes of use at Tanjong Pagar Conservation Area since 2000, most recently in 2022. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
F&B and nightlife here

No new bars, pubs, nightclubs or karaoke lounges (a Historic Conservation Area).

Per URA's Use of Buildings in Conservation Areas. A planning guideline for the area, not a decision on any unit; it applies to new eating houses and bars, not to one already approved.

  1. 29 Jul 2026Renewed
    Continued use as karaoke lounge

    Continued use at the 1st storey unit of the 4-storey building ts03 on lot 98427w at 51 tanjong pagar road (formerly units 47, 49 & 51 tanjong pagar road) as karaoke lounge (chinatown (tanjong pagar) conservation area)

  2. 4 May 2026Renewed
    Continued use as karaoke lounge

    Continued use at the 2nd, 3rd & 4th storey units of the 4-storey buildings ts03 on lot 98427w at 51 tanjong pagar road (formerly known as 47, 49 & 51 tanjong pagar road) as karaoke lounge (chinatown (tanjong pagar) conservation area)

  3. 25 Sept 2025Approved
    Additions & alterations

    Proposed additions & alterations to existing 4-storey conservation building on lot 98427w ts03 at 47, 49, & 51 tanjong pagar road (chinatown (tanjong pagar) conservation area)

  4. 17 Sept 2024Renewed
    Continued use as karaoke lounge

    Continued use at the 1st storey unit of the 4-storey building ts03 on lot 98427w at 51 tanjong pagar road (formerly units 47, 49 & 51 tanjong pagar road) as karaoke lounge (chinatown (tanjong pagar) conservation area)

  5. 6 May 2024Renewed
    Continued use as karaoke lounge

    Continued use at 2nd, 3rd & 4th storey units of the 4-storey buildings ts03 on lot 98427w at 51 tanjong pagar road (formerly units 47, 49 & 51 tanjong pagar road) as karaoke lounge (chinatown (tanjong pagar) conservation area)

  6. 27 Dec 2023Renewed
    Continued use as karaoke lounge

    Continued use at 2nd, 3rd & 4th storey units of the 4-storey buildings ts03 on lot 98427w at 51 tanjong pagar road (formerly units 47, 49 & 51 tanjong pagar road) as karaoke lounge (chinatown (tanjong pagar) conservation area)

  7. 13 Sept 2023Renewed
    Continued use as karaoke lounge

    Continued use at 1st storey unit of the 4-storey buildings on lot 98427w ts03 at 51 tanjong pagar road (formerly units 47, 49 & 51 tanjong pagar road) as karaoke lounge (chinatown (tanjong pagar) conservation area)

  8. 20 Sept 2022Approved
    Change of use to karaoke lounge

    Change of use at 1st storey unit of the 4-storey buildings on lot 98427w ts03 at 51 tanjong pagar road (formerly units 47, 49 & 51 tanjong pagar road) to karaoke lounge (chinatown (tanjong pagar) conservation area)

  9. 25 Apr 2022Renewed
    Continued use as karaoke lounge

    Continued use at 2nd, 3rd & 4th storey unit of the 4-storey buildings ts 03 on lot 98427w at 51 tanjong pagar road (formerly units 47, 49 & 51 tanjong pagar road) as karaoke lounge (chinatown (tanjong pagar) conservation area)

  10. 25 Apr 2022Approved
    Change of use to restaurant with live entertainment

    Change of use at 1st storey unit of the 4-storey buildings on lot 98427w ts03 at 51 tanjong pagar road�(formerly units 47, 49 & 51 tanjong pagar road)�to restaurant with live entertainment (chinatown (tanjong pagar) conservation area)

  11. 6 Jan 2022Approved
    Change of use to restaurant

    Change of use at 1st storey unit of the 4-storey buildings ts 03 on lot 98427w at 49 tanjong pagar road to restaurant (chinatown (tanjong pagar) conservation area)

  12. 26 Jan 2021Renewed
    Continued use as karaoke lounge

    Continued use at the 1st, 2nd, 3rd and 4th storey units of the 4-storey buildings ts03 on lot 98427w at 47, 49 & 51 tanjong pagar road as karaoke lounge (chinatown (tanjong pagar) conservation area)

17 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

7

What do commercial rents run near Tanjong Pagar Conservation Area?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

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.

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 47,49,51 Tanjong Pagar Road, Singapore 088468, in the Outram planning area.

What is the tenure of Tanjong Pagar Conservation Area?⌄

Tanjong Pagar Conservation Area is leasehold. About 65 years remain on the lease.

What have units at Tanjong Pagar Conservation Area sold for?⌄

Across 1 recorded transaction, the median price is S$3,646 psf. The latest was in April 2011.

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