CommercialCOMMERCIALConservationLeaseholdDistrict 2 · Outram

Tanjong Pagar Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2018
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. 5 transactions are on record since 1995, most recently in Nov 2018. 7 units are currently listed for rent. ACRA records 2 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
33,35,37 Tras Street
Land area
131 sqm
Transactions on record
5 (records start 1995)
Live listings
7
ACRA registrations
2
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 078973.

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. It occupies roughly 131 sqm of land.

5 transactions have been recorded here, at a median of S$1,461 psf. The most recent was in November 2018.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 243 m away (about a 4-minute walk). The closest bus stop (Bef Craig Rd) is 132 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway5 transactions are on record since 1995, most recently in Nov 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Nov 2018Shop HouseS$21.20M4,450 sqft$4,764
Aug 2010Shop HouseS$7.80M4,450 sqft$1,753
Jun 2009Shop HouseS$5.60M4,450 sqft$1,258
Oct 2007Shop HouseS$6.50M4,450 sqft$1,461
Jan 2004Shop HouseS$4.92M4,450 sqft$1,106

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 available at Tanjong Pagar Conservation Area right now?

Key takeaway7 units are currently listed at Tanjong Pagar Conservation Area. One row per unit; several agents often market the same unit.

For rent (7)

  • Prime Corner Shophouse (Level 2) Restaurant Space @ Tras Street2 agentsS$40k/mo · 4,500 sqft
  • Rare 4500 sq ft Single Floorplate Space For F&B, Retail, Office 祖师公口路二楼店屋出租 For LeaseS$51k/mo · 4,500 sqft
  • Tanjong Pagar Road22 agentsS$54k/mo · 4,500 sqft
  • Super Rare Very High Ceiling Space @ Tras Street2 agentsS$53k/mo · 4,500 sqft

Browse every listing at this building →

8

What is near Tanjong Pagar Conservation Area?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 243 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 19 mHeals Clinic · 37 mBef Craig Rd · 132 mPlace Of Worship · 141 mTanjong Pagar MRT Exit A · 231 mTelok Ayer Pk · 234 mKreta Ayer Community Club · 352 mEducational Institution · 532 mOutram Polyclinic · 707 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. · 82 mAmoy Street Food Centre · 202 mIcon Village · 367 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Tanjong Pagar Conservation Area?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
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.

10

Frequently asked questions about Tanjong Pagar Conservation Area

Where is Tanjong Pagar Conservation Area?

Tanjong Pagar Conservation Area is at 33,35,37 Tras Street, Singapore 078973, 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 5 recorded transactions, the median price is S$1,461 psf. The latest was in November 2018.

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

Maxwell MRT is the closest, 243 m away (about a 4-minute walk).

How many businesses are registered at Tanjong Pagar Conservation Area?

2 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

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