CommercialLeaseholdDistrict 2 · Outram

Tanjong Pagar Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2004
Quick Summary

Tanjong Pagar Conservation Area is a commercial building in District 2 · Outram. It is leasehold with roughly 65 years remaining. 2 transactions are 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 · Outram, held leasehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Leasehold
District / Area
District 2 · Outram
Address
34,36 Tanjong Pagar Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
2 (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 088457.

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

2 transactions have been recorded here, at a median of S$748 psf. The most recent was in April 2004.

3

What has Tanjong Pagar Conservation Area sold for?

Key takeaway2 transactions are 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$2.06M2,659 sqft$776
Nov 1999Shop HouseS$1.92M2,659 sqft$721

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 2 changes of use at Tanjong Pagar Conservation Area since 2000, most recently in 2023. 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 2013Approved
    Additions & alterations

    Amendment to approved proposed a&a to an existing 3 units of 2 storey conserved shophouses wtih new roof mezzanine and change of use on 2nd storey from office to restaurant, use of 1st storey as restaurant and new roof mezzanine as office at 34, 36 & 38 tanjong pagar road on lot 00701w, ts05 , singapore 088457 (chinatown -tanjong pagar)

  2. 18 Jan 2013Approved
    Additions & alterations

    Proposed additions & alterations to existing 3 units of 2-storey conserved shophouses with new roof mezzanine and change of use on 2nd storey from office to restaurant, use of 1st storey as restaurant and new roof mezzanine as office at 34, 36 and 38 tanjong pagar road on lot 00701w ts05 (chinatown -tanjong pagar conservation area)

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

Who's registered at Tanjong Pagar Conservation Area?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Tanjong Pagar Conservation Area as their registered address. These are registered businesses, not who occupies the space.
  • Transportation and storage
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

9

Frequently asked questions about Tanjong Pagar Conservation Area

Where is Tanjong Pagar Conservation Area?⌄

Tanjong Pagar Conservation Area is at 34,36 Tanjong Pagar Road, Singapore 088457, 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 2 recorded transactions, the median price is S$748 psf. The latest was in April 2004.

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