Telok Ayer Conservation Area
Telok Ayer Conservation Area is a commercial building in District 1 · Singapore River, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 4.2. It is leasehold with roughly 24 years remaining. 2 transactions are on record since 1995, most recently in Jun 2012. ACRA records 0 live company registrations at this address.
What are the key facts about Telok Ayer Conservation Area?
- Asset class
- Commercial
- Land-use zone
- HOTEL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 56,58 South Bridge Road
- Land area
- —
- Completed
- Not on record
- Storeys
- 4 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Telok Ayer Conservation Area
Telok Ayer Conservation Area is a commercial conservation area in Singapore River (District 01). It is located along South Bridge Road, Singapore 058689.
Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 4.2. 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 24 years remaining on the lease.
2 transactions have been recorded here, at a median of S$2,890 psf. The most recent was in June 2012.
The nearest MRT is Clarke Quay MRT, 206 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 43 m away (about a 1-minute walk).
What is Telok Ayer Conservation Area zoned as?
- Land-use zone
- HOTEL
- Gross plot ratio
- 4.2
- Conservation area
- Upper Circular Road
- Conserved building
- Yes
- Urban design area
- Udga
- Central Area
- Yes
What has Telok Ayer Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jun 2012 | Shop House | S$9.70M | 3,045 sqft | $3,185 |
| Aug 2010 | Shop House | S$7.90M | 3,045 sqft | $2,594 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Telok Ayer Conservation Area rent for?
Retail space on South Bridge Road
Street level · 2026Q3S$ per sq ft per month · median -27.6% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) 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. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
Office space on South Bridge Road
Street level · 2026Q3S$ per sq ft per month · median +2.4% on a year earlier
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 1 retail
Region band · 2026Q3S$ 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 1 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).
Market context around Telok Ayer Conservation Area
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
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.
What's been approved at Telok Ayer Conservation Area?
- 27 Aug 2014ApprovedAdditions & alterations
Regularisation and amendment to approved additions and alterations of 2 units of 6-storey conserved building with rear extension and change of use from office, food court and residential unit to hotel
- 12 Aug 2013ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations of 2 units of 6-storey conserved building(56 58 south bridge road) , on lots 99318m, 99319w, ts 07 south bridge road (singapore
- 5 Sept 2012ApprovedAdditions & alterations
Proposed additions and alterations of 2 units of 6-storey conserved building with rear extension and change of use from office, food court, and residential unit to hotel
- 26 Nov 2010ApprovedAdditions & alterations
Proposed amendment to approved conservation & a&a to the existing 6-storey building & change of use from shop to food court at 1st storey & from residential units to office from 2nd to 5th storey with residential unit at 6th storey
- 26 Mar 2010ApprovedAdditions & alterations
Prop conservation & a&a to the existing 6-sty building & change of use from shop to food court at 1st sty & from residential units to office from 2nd to 5th storey with resi unit at 6th sty ......
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$54.50 per unit).
How does South Bridge Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Telok Ayer Conservation Area?
Indicative area yield — District 1 retail
An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 1 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 2 & 3 · 30 & Below | $82.69 | $99.35 | $120.39 |
| Level 1 · 30 & Below | $172.73 | $245.52 | $332.57 |
| B1 & Below · 30 & Below | $87.33 | $172.91 | $321.72 |
| Level 2 & 3 · >30 - 100 | $77.43 | $95.09 | $183.52 |
| Level 1 · >30 - 100 | $106.77 | $168.33 | $217.05 |
| B1 & Below · >30 - 100 | $117.40 | $198.29 | $365.38 |
| Level 1 · >100 - 300 | $115.69 | $148.57 | $187.43 |
| B1 & Below · >100 - 300 | $148.73 | $233.33 | $396.56 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Category 2 · 100 & Below | $54.65 | $69.39 | $88.80 |
| Category 1 · 100 & Below | $103.62 | $122.24 | $132.43 |
| Category 1 · >100 - 200 | $116.28 | $126.99 | $148.35 |
| Category 2 · >100 - 200 | $65.57 | $82.87 | $97.63 |
| Category 1 · >200 - 500 | $114.67 | $128.09 | $145.77 |
| Category 2 · >200 - 500 | $64.83 | $82.57 | $94.73 |
| Category 1 · >500 - 1000 | $106.56 | $137.78 | $148.23 |
| Category 2 · >500 - 1000 | $85.04 | $89.34 | $109.80 |
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.
What is near Telok Ayer Conservation Area?
Getting around
- Clarke Quay MRT206 m · ~3 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Telok Ayer Conservation Area
nearest MRT/LRT Clarke Quay (NE5) 206 m, about 31,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 14, about 25,000 taps a weekday; Singapore River: 18,341 resident workers (Census 2020, by workplace); about 11,000 residents within 1 km (June 2026); 12 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Clarke Quay (NE5)206 m · about 31,000 weekday taps
- Raffles Place (EW14 / NS26)456 m · about 133,000 weekday taps
- Chinatown (NE4 / DT19)470 m · about 97,000 weekday taps
- Telok Ayer (DT18)540 m · about 37,000 weekday taps
- Fort Canning (DT20)700 m · about 14,000 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Telok Ayer Conservation Area. Transfers between lines don't tap, so interchanges read low.
Bus
14 bus stops within 400 m, with about 25,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Hongkong St - Carpenter St) (URA)25 m
- Carpenter St (URA)79 mS$1.20 per half-hour at midday on a weekday · 35 car lots
- Carpenter St Off St (URA)84 mS$1.50 per half-hour at midday on a weekday · 69 car lots
- Hong Kong St (URA)88 mS$1.20 per half-hour at midday on a weekday · 32 car lots
- Backlane (North Canal Rd - Circular Rd) (URA)103 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 1.0 km away, S$80/month.
Public car parks only, by straight-line distance, with the operator's published rates. Telok Ayer Conservation Area's own car park, if it has one, and its charges are not in the open data.
Who's registered at Telok Ayer Conservation Area?
- Wholesale and retail trade0
- Manufacturing0
- Other services0
- Industry not stated0
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.
What is Telok Ayer Conservation Area's BCA building profile?
- BCA building type
- Hotel
- Green Mark
- NA (NA)
- Energy use intensity
- 184 kWh/m²·yr
Frequently asked questions about Telok Ayer Conservation Area
Where is Telok Ayer Conservation Area?⌄
Telok Ayer Conservation Area is at 56,58 South Bridge Road, Singapore 058689, in the Singapore River planning area.
What is Telok Ayer Conservation Area zoned as?⌄
Telok Ayer Conservation Area sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 4.2.
What is the tenure of Telok Ayer Conservation Area?⌄
Telok Ayer Conservation Area is leasehold. About 24 years remain on the lease.
Is Telok Ayer Conservation Area a conserved property?⌄
Yes. Telok Ayer Conservation Area falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Telok Ayer Conservation Area sold for?⌄
Across 2 recorded transactions, the median price is S$2,890 psf. The latest was in June 2012.
What is the nearest MRT station to Telok Ayer Conservation Area?⌄
Clarke Quay MRT is the closest, 206 m away (about a 3-minute walk).
The facts are here — now get the verdict on Telok Ayer Conservation Area.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.