CommercialCOMMERCIALConservationFreeholdDistrict 1 · Outram

Telok Ayer Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2018
Quick Summary

Telok Ayer Conservation Area is a commercial building in District 1 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 4 transactions are on record since 1995, most recently in Oct 2018. 2 units are currently listed for rent. ACRA records 3 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 · Outram, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 1 · Outram
Address
10 Stanley Street
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
Listed as
Food & Beverage, Shop / Shophouse
Transactions on record
4 (records start 1995)
Live listings
2
ACRA registrations
3
2

About Telok Ayer Conservation Area

Telok Ayer Conservation Area is a commercial conservation area in Outram (District 01). It is located along Stanley Street, Singapore 068729.

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 freehold.

4 transactions have been recorded here, at a median of S$6,226 psf. The most recent was in October 2018.

4 businesses are currently registered at this address with ACRA.

The nearest MRT is Telok Ayer MRT, 224 m away (about a 4-minute walk). The closest bus stop (Aft Telok Ayer St) is 145 m away (about a 2-minute walk).

3

What is Telok Ayer Conservation Area zoned as?

Key takeawayTelok Ayer 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 (Telok Ayer)
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Telok Ayer Conservation Area sold for?

Key takeaway4 transactions are on record since 1995, most recently in Oct 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2018Shop HouseS$12.50M1,426 sqft$8,764
Jun 2016Shop HouseS$9.28M1,426 sqft$6,507
Feb 2012Shop HouseS$8.48M1,426 sqft$5,946
Mar 2010Shop HouseS$4.33M1,426 sqft$3,036

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

5

What does space at Telok Ayer Conservation Area rent for?

Key takeawayNo street- or building-level rent is published here. Across District 1 retail, retail space rented at a median of $10.02 psf a month in 2026Q3, with the middle half of leases between $8.23 and $15.92. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 1 retail

Region band · 2026Q3
25th pct
$8.23
$88.64 psm
Median
$10.02
$107.81 psm
75th pct
$15.92
$171.42 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 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).

6

Market context around Telok Ayer Conservation Area

Key takeawayBrokers' retail figures for this part of Singapore — 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
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.

7

How fast units move at Telok Ayer Conservation Area

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 2 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Telok Ayer Conservation Area?

Key takeawayURA has approved 4 changes of use at Telok Ayer Conservation Area since 2000, most recently in 2025. 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. 30 Apr 2025ApprovedFloor 2
    Change of use to restaurant

    Change of use at the 1st storey mezzanine unit #02-XX and 2nd storey unit #02-XX of the 3-storey building ts02 on lot 99890k at 10 stanley street to restaurant (chinatown (telok ayer) conservation area)

  2. 22 Aug 2024Renewed
    Continued use as restaurant

    Continued use at the 2nd storey unit of the 3-storey building ts02 on lot 99890k at 10 stanley street as restaurant (chinatown (telok ayer) conservation area)

  3. 23 Jan 2024Renewed
    Continued use as restaurant

    Continued use at the 1st storey unit of the 3-storey building ts02 on lot 99890k at 10 stanley street as restaurant (chinatown (telok ayer) conservation area)

  4. 6 Aug 2021Renewed
    Continued use as restaurant

    Continued use at the 2nd storey unit of the 3-storey building ts02 on lot 99890k at 10 stanley street as restaurant (chinatown (telok ayer) conservation area)

  5. 4 Feb 2021Renewed
    Continued use as restaurant

    Continued use at the 1st storey unit of the 3-storey building ts02 on lot 99890k at 10 stanley street as restaurant (chinatown (telok ayer) conservation area)

  6. 11 Sept 2020Approved
    Change of use to restaurant

    Change of use at the 2nd storey unit of the 3-storey building ts02 on lot 99890k at 10 stanley street to restaurant (chinatown (telok ayer) conservation area)

  7. 18 Feb 2020Approved
    Change of use to restaurant

    Change of use at the 1st storey unit of the 3-storey building ts02 on lot 99890k at 10 stanley street to restaurant (chinatown (telok ayer) conservation area)

  8. 31 Jan 2018Approved
    Change of use

    Change of use at the 1st and 2nd storey units of the 3-storey building ts02 on lot 99890k at 10 stanley street (chinatown (telok ayer) conservation area)

  9. 1 Jun 2011Approved
    Additions & alterations

    Proposed additions and alterations to an existing 3-storey shophouse with roof mezzanine and approved use as office at 1st, 2nd & 3rd storeys and roof mezzanine on lot 99890k-ts02 at no.10 stanley street (outram planning 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).

9

What do commercial rents run near Telok Ayer 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 1 retail

Gross yield (area)
3.4%
3.0% net of property tax
Rent side (median of bands)
$107.81 psm/mo
2026Q3
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, 2026Q3)

Floor level · size band25th pctMedian75th 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 band25th pctMedian75th 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.

10

What is available at Telok Ayer Conservation Area right now?

Key takeaway2 units are currently listed at Telok Ayer Conservation Area. One row per unit; several agents often market the same unit.

For rent (2)

  • Stanley Street F&B For Lease!14 agentsS$15k/mo · 1,018 sqft
  • 10 Stanley Street3 agentsS$15k/mo · 1,018 sqft

Browse every listing at this building →

11

What is near Telok Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 224 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 57 mVivien @ Robinson Practice · 94 mTelok Ayer Green · 140 mAft Telok Ayer St · 145 mHotel · 192 mTelok Ayer MRT Exit A · 199 mKreta Ayer Community Club · 547 mEducational Institution · 939 mSingapore General Hospital · 1.3 km

Competing premises nearby

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

Amoy Street Food Centre · 207 mCross Street Exchange · 385 mAp House Pte. Ltd. · 398 m

Straight-line distances. Source: PropKaki amenities data.

12

Getting there and parking at Telok Ayer Conservation Area

Key takeawayThe nearest station is Telok Ayer (DT18), 199 m away — a moderately busy station, with about 37,000 taps in and out on an average weekday. 29 public car parks are within 500 m.
Foot traffic: busier than 90% of retail buildings

nearest MRT/LRT Telok Ayer (DT18) 199 m, about 37,000 taps a weekday; 11 more stations within 1 km; bus stops within 400 m: 9, about 21,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 17,000 residents within 1 km (June 2026); 7 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

  • Telok Ayer (DT18)199 m · about 37,000 weekday taps
  • Tanjong Pagar (EW15)289 m · about 85,000 weekday taps
  • Maxwell (TE18)336 m · about 23,000 weekday taps
  • Shenton Way (TE19)342 m · about 32,000 weekday taps
  • Raffles Place (EW14 / NS26)432 m · about 133,000 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

9 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Stanley St (URA)35 m
    S$1.20 per half-hour at midday on a weekday · 20 car lots
  • Backlane (Mccallum St) (URA)68 m
  • Mccallum St (URA)82 m
    S$1.20 per half-hour at midday on a weekday · 11 car lots
  • Amoy St Off St (URA)96 m
    S$1.50 per half-hour at midday on a weekday · 16 car lots
  • Backlane (Amoy St) (URA)101 m

Nearest URA season parking: Blair Road-Everton Roa D Area, 1.3 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.

13

Who's registered at Telok Ayer Conservation Area?

Key takeaway3 live companies (and LLPs and branches; sole proprietors are not counted) list Telok Ayer Conservation Area as their registered address. These are registered businesses, not who occupies the space.
  • Professional, scientific and technical services
    1
  • Accommodation and food services
    1
  • Other services
    1
  • Wholesale and retail trade
    0
  • Manufacturing
    0
  • Transportation and storage
    0
  • Construction
    0
  • Administrative and support services
    0
  • Health and social services
    0
  • Arts, entertainment and recreation
    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.

14

Frequently asked questions about Telok Ayer Conservation Area

Where is Telok Ayer Conservation Area?⌄

Telok Ayer Conservation Area is at 10 Stanley Street, Singapore 068729, in the Outram planning area.

What is Telok Ayer Conservation Area zoned as?⌄

Telok Ayer Conservation Area sits on land zoned commercial under the URA Master Plan.

What is the tenure of Telok Ayer Conservation Area?⌄

Telok Ayer Conservation Area is freehold.

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 4 recorded transactions, the median price is S$6,226 psf. The latest was in October 2018.

What is the nearest MRT station to Telok Ayer Conservation Area?⌄

Telok Ayer MRT is the closest, 224 m away (about a 4-minute walk).

How many businesses are registered at Telok Ayer Conservation Area?⌄

4 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.

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