CommercialCOMMERCIALConservationLeaseholdDistrict 2 · Outram

Tanjong Pagar Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2023
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. 2 transactions are on record since 1995, most recently in Feb 2023. ACRA records 65 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
45 Tras Street
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
65
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 078984.

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.

2 transactions have been recorded here, at a median of S$5,590 psf. The most recent was in February 2023.

65 businesses are currently registered at this address with ACRA.

The nearest MRT is Tanjong Pagar MRT, 223 m away (about a 4-minute walk). The closest bus stop (Bef Craig Rd) is 109 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway2 transactions are on record since 1995, most recently in Feb 2023 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 2023Shop HouseS$11.90M1,333 sqft$8,930
Jul 2007Shop HouseS$3.00M1,333 sqft$2,251

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 223 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Heals Clinic · 5 mHotel · 19 mBef Craig Rd · 109 mPlace Of Worship · 172 mTanjong Pagar MRT Exit A · 201 mTras Link Pk · 211 mKreta Ayer Community Club · 377 mEducational Institution · 516 mOutram Polyclinic · 708 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. · 70 mAmoy Street Food Centre · 224 mIcon Village · 336 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Tanjong Pagar Conservation Area?

Key takeawayACRA records 65 live company registrations at this address, 44 of them in the last three years.
Live registrations
65
Registered last 3 years
44
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.

9

Frequently asked questions about Tanjong Pagar Conservation Area

Where is Tanjong Pagar Conservation Area?

Tanjong Pagar Conservation Area is at 45 Tras Street, Singapore 078984, 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 2 recorded transactions, the median price is S$5,590 psf. The latest was in February 2023.

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

Tanjong Pagar MRT is the closest, 223 m away (about a 4-minute walk).

How many businesses are registered at Tanjong Pagar Conservation Area?

65 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.

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