CommercialCOMMERCIALConservationLeaseholdDistrict 2 · Outram

Tanjong Pagar Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2022
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 73 years remaining. 6 transactions are on record since 1995, most recently in Nov 2022. 1 unit is currently listed for rent. 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
16,16a,18,18a Tanjong Pagar Road
Land area
184 sqm
Transactions on record
6 (records start 1995)
Live listings
1
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 088439.

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 73 years remaining on the lease. It occupies roughly 184 sqm of land.

6 transactions have been recorded here, at a median of S$2,032 psf. The most recent was in November 2022.

The nearest MRT is Maxwell MRT, 62 m away (about a 1-minute walk). The closest bus stop (Opp Fairfield Meth Ch) is 26 m away (about a 0-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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway6 transactions are on record since 1995, most recently in Nov 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2022Shop HouseS$13.00M1,976 sqft$6,578
Oct 2017Shop HouseS$8.26M1,976 sqft$4,182
Jan 2012Shop HouseS$5.55M1,976 sqft$2,808
Aug 2009Shop HouseS$2.48M1,976 sqft$1,255
Jun 2003Shop HouseS$1.33M1,976 sqft$676
Nov 1999Shop HouseS$1.63M1,976 sqft$823

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

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 available at Tanjong Pagar Conservation Area right now?

Key takeaway1 unit is currently listed at Tanjong Pagar Conservation Area. One row per unit; several agents often market the same unit.

For rent (1)

  • Tanjong Pagar RoadS$8k/mo · 1,000 sqft

Browse every listing at this building →

7

What is near Tanjong Pagar Conservation Area?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 62 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Opp Fairfield Meth Ch · 26 mPlace Of Worship · 31 mMaxwell MRT Exit 3 · 100 mGrace Clinic · 150 mKreta Ayer Community Club · 161 mHotel · 194 mAnn Siang Hill Pk · 285 mEducational Institution · 546 mOutram Polyclinic · 607 mSingapore General Hospital · 904 m

Competing premises nearby

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

Maxwell Food Centre · 113 mHong Heng Seng · 141 mCross Street Exchange · 525 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 16,16A,18,18A Tanjong Pagar Road, Singapore 088439, 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 73 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 6 recorded transactions, the median price is S$2,032 psf. The latest was in November 2022.

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

Maxwell MRT is the closest, 62 m away (about a 1-minute walk).

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