Telok Ayer Conservation Area
Telok Ayer Conservation Area is a commercial building in District 1 · Singapore River, on land zoned COMMERCIAL 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 May 2007. 2 units are currently listed for sale or rent. ACRA records 1 live company registration at this address.
What are the key facts about Telok Ayer Conservation Area?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- 4.2
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 62 South Bridge Road
- Land area
- —
- Completed
- Not on record
- Storeys
- 4 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Listed as
- Food & Beverage, Shop / Shophouse
- Transactions on record
- 2 (records start 1995)
- Live listings
- 2
- ACRA registrations
- 1
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 058692.
Under the URA Master Plan it sits on land zoned commercial 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$1,032 psf. The most recent was in May 2007.
1 business is currently registered at this address with ACRA.
The nearest MRT is Clarke Quay MRT, 200 m away (about a 3-minute walk). The closest bus stop (Boat Quay) is 38 m away (about a 1-minute walk).
What is Telok Ayer Conservation Area zoned as?
- Land-use zone
- COMMERCIAL
- 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 |
|---|---|---|---|---|
| May 2007 | Shop House | S$2.25M | 1,495 sqft | $1,505 |
| Aug 2005 | Shop House | S$835k | 1,495 sqft | $558 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Telok Ayer Conservation Area rent for?
Retail space on South Bridge Road
Street level · 2026Q3S$ 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.
How fast units move at Telok Ayer Conservation Area
Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.
Sale: 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.
What's been approved at Telok Ayer Conservation Area?
- 7 Jul 2025ApprovedAdditions & alterations
Proposed amendment to approved additions and alterations to conserved 5-storey shophouse at 62 south bridge road and reconstruction to existing 5-storey shophouse at 64 south bridge road with new erection of 6 storey extension on lots 99316l & 99315x ts 07 at 62 & 64 south bridge road (singapore river planning area)
- 20 Mar 2025ApprovedAdditions & alterations
Proposed additions and alterations to conserved 5-storey shophouse at 62 south bridge road and reconstruction to existing 5-storey shophouse at 64 south bridge road with new erection of 6 storey extension on lots 99316l & 99315x ts 07 at 62 & 64 south bridge road (singapore river planning area)
- 6 Jun 2023RenewedContinued use as restaurant
Continued use of 1st storey premises as restaurant
- 14 Apr 2020ApprovedChange of use to restaurant
Proposed change of use of 1st storey premises to restaurant
- 2 May 2017ApprovedChange of use to tattoo shop
Proposed change of use of the 2nd storey to tattoo shop on lot 99316l ts 07 at 62 south bridge road (singapore river planning area)
- 4 Nov 2016ApprovedAdditions & alterations
Proposed major conservation works and addition & alteration to existing 5-storey shophouse with extension to the rear and change of use to office and restaurant on the 1st storey ts07 on lot 99316l, 62 south bridge road (singapore river planning area)
- 25 Jun 2013RefusedAdditions & alterations
Proposed major conservation works and addition & alteration to existing 5-storey shophouse with extension to the rear and change of use to office and restaurant on the 1st storey
- 15 Oct 2010ApprovedAdditions & alterations
Proposed major conservation works and addition & alteration to existing 5-storey shophouse with extension to the rear and change of use to office and restaurant on the 1st storey
- 2 Mar 2002ApprovedChange of use: shop → restaurant
Change of use of the 1st storey of the 5-storey building from shop to restaurant
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 available at Telok Ayer Conservation Area right now?
For sale (1)
- Telok Ayer Conservation AreaS$23.00M · 4,500 sqft
For rent (1)
- Telok Ayer Conservation AreaS$12k/mo · 1,055 sqft
What is near Telok Ayer Conservation Area?
Getting around
- Clarke Quay MRT200 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) 199 m, about 31,000 taps a weekday; 8 more stations within 1 km; bus stops within 400 m: 13, about 23,000 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)199 m · about 31,000 weekday taps
- Chinatown (NE4 / DT19)458 m · about 97,000 weekday taps
- Raffles Place (EW14 / NS26)462 m · about 133,000 weekday taps
- Telok Ayer (DT18)532 m · about 37,000 weekday taps
- Fort Canning (DT20)699 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
13 bus stops within 400 m, with about 23,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Hongkong St - Carpenter St) (URA)30 m
- Hong Kong St (URA)77 mS$1.20 per half-hour at midday on a weekday · 32 car lots
- Carpenter St (URA)80 mS$1.20 per half-hour at midday on a weekday · 35 car lots
- Carpenter St Off St (URA)91 mS$1.50 per half-hour at midday on a weekday · 69 car lots
- Backlane (North Canal Rd - Circular Rd) (URA)97 m
Nearest URA season parking: Mohd Sultan-River Vall Ey Road Area, 997 m 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?
- Administrative and support services1
- Wholesale and retail trade0
- Other services0
- Transportation and storage0
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.
Frequently asked questions about Telok Ayer Conservation Area
Where is Telok Ayer Conservation Area?⌄
Telok Ayer Conservation Area is at 62 South Bridge Road, Singapore 058692, in the Singapore River planning area.
What is Telok Ayer Conservation Area zoned as?⌄
Telok Ayer Conservation Area sits on land zoned commercial 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$1,032 psf. The latest was in May 2007.
What is the nearest MRT station to Telok Ayer Conservation Area?⌄
Clarke Quay MRT is the closest, 200 m away (about a 3-minute walk).
How many businesses are registered at Telok Ayer Conservation Area?⌄
1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
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.