CommercialHOTELConservationLeaseholdDistrict 1 · Singapore River

Telok Ayer Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2012
Quick Summary

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.

1

What are the key facts about Telok Ayer Conservation Area?

Key takeawayTelok Ayer Conservation Area is a commercial building in District 1 · Singapore River, zoned HOTEL, held leasehold.
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
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

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).

3

What is Telok Ayer Conservation Area zoned as?

Key takeawayTelok Ayer Conservation Area sits on land zoned HOTEL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
4.2
Conservation area
Upper Circular Road
Conserved building
Yes
Urban design area
Udga
Central Area
Yes
BCA-verified envelope: built 1,125 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Telok Ayer Conservation Area sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2012 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2012Shop HouseS$9.70M3,045 sqft$3,185
Aug 2010Shop HouseS$7.90M3,045 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.

5

How does South Bridge Road price?

Strata sales on the street (5y)
8

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 Telok Ayer 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 1 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$128.98 psm/mo
2026Q2
Price side (strata, 5y)
$3,561 psf
90 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$86.02$123.08$167.78
B1 & Below · 30 & Below$69.95$306.07$392.13
Level 1 · 30 & Below$142.92$214.69$372.85
Level 1 · >30 - 100$117.46$187.50$219.19
B1 & Below · >30 - 100$116.28$142.89$228.69
Level 4 & Above · >30 - 100$71.98$75.86$192.95
Level 2 & 3 · >30 - 100$73.23$95.24$167.06
Level 2 & 3 · >100 - 300$83.43$129.13$158.54

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 Telok Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Clarke Quay MRT, about 206 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mBoat Quay · 43 mCosmopolitan Clinic · 122 mHong Lim Pk · 182 mClarke Quay MRT Exit E · 210 mPlace Of Worship · 330 mEducational Institution · 722 mKreta Ayer Community Club · 906 mSingapore General Hospital · 1.5 km

Competing premises nearby

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

Clarke Quay Central · 234 mHong Lim Market & Food Centre · 360 mCold Storage Singapore (1983) Pte Ltd · 443 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Telok Ayer 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

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
10

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).

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