CommercialCOMMERCIALConservationDistrict 1 · Downtown Core

Telok Ayer Conservation Area

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 1996
Quick Summary

Telok Ayer Conservation Area is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL under the URA Master Plan. 1 transaction is on record since 1995, most recently in Feb 1996. 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 · Downtown Core, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Not on record
District / Area
District 1 · Downtown Core
Address
188 Telok Ayer Street
Land area
Transactions on record
1 (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 Downtown Core (District 01). It is located along Telok Ayer Street, Singapore 068633.

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.

1 transaction has been recorded here, at a median of S$1,741 psf. The most recent was in February 1996.

The nearest MRT is Telok Ayer MRT, 241 m away (about a 4-minute walk). The closest bus stop (Aft Telok Ayer St) is 175 m away (about a 3-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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway1 transaction is on record since 1995, most recently in Feb 1996 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Feb 1996Shop HouseS$2.05M1,178 sqft$1,741

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

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.

6

What is near Telok Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Telok Ayer MRT, about 241 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 2 mVivien @ Robinson Practice · 50 mTelok Ayer Green · 125 mAft Telok Ayer St · 175 mTelok Ayer MRT Exit A · 215 mHotel · 256 mKreta Ayer Community Club · 478 mEducational Institution · 890 mOutram Polyclinic · 994 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 · 166 mCross Street Exchange · 352 mHong Heng Seng · 433 m

Straight-line distances. Source: PropKaki amenities data.

7

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.

8

Frequently asked questions about Telok Ayer Conservation Area

Where is Telok Ayer Conservation Area?

Telok Ayer Conservation Area is at 188 Telok Ayer Street, Singapore 068633, in the Downtown Core planning area.

What is Telok Ayer Conservation Area zoned as?

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

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 1 recorded transaction, the median price is S$1,741 psf. The latest was in February 1996.

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

Telok Ayer MRT is the closest, 241 m away (about a 4-minute walk).

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