CommercialCOMMERCIALConservation999-year leaseholdDistrict 1 · Outram

Telok Ayer Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Jan 2019
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 999-year leasehold. 2 transactions are on record since 1995, most recently in Jan 2019. 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 999-year leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
999-year leasehold
District / Area
District 1 · Outram
Address
87 Club Street
Land area
—
Completed
Not on record
Storeys
3 (© OpenStreetMap contributors)
Submarket
City Fringe
Listed as
Food & Beverage, Mall Shop, Shop / Shophouse
Transactions on record
2 (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 Club Street, Singapore 069455.

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 999-year leasehold, with about 800 years remaining on the lease.

2 transactions have been recorded here, at a median of S$5,014 psf. The most recent was in January 2019.

6 businesses are currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 242 m away (about a 4-minute walk). The closest bus stop (Opp Sri Mariamman Tp) is 77 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 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway2 transactions are on record since 1995, most recently in Jan 2019 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2019Shop HouseS$17.20M1,989 sqft$8,647
May 2006Shop HouseS$2.75M1,989 sqft$1,382

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 1 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 2 changes of use at Telok Ayer Conservation Area since 2000, most recently in 2003. 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). URA does not approve new eating houses (restaurants, coffee shops, cafes) here; an existing one's permission may be renewed.

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. 1 Dec 2008Renewed
    Continued use as cafe cum pub on ts03

    Continued use of the 1st storey (approved eating establishment) as cafe cum pub on ts03 on lot 00079m at 87 club street (chinatown (telok ayer))

  2. 6 Nov 2007Renewed
    Continued use as cafe cum pub on ts03

    Continued use of the 1st storey (approved eating establishment) as cafe cum pub on ts03 on lot 00079m at 87 club street (chinatown (telok ayer))

  3. 4 Oct 2006Renewed
    Continued use as caf� cum pub

    Continued use at 1st storey as caf� cum pub

  4. 7 Nov 2005Renewed
    Continued use as caf� cum pub

    Continued use at 1st storey as caf� cum pub.

  5. 29 Nov 2004Renewed
    Continued use as cafe cum pub

    Continued use at 1st sty as cafe cum pub

  6. 13 Nov 2003Approved
    Change of use: eating establishment → cafe cum pub

    Proposed change of use at 1st storey from eating establishment to cafe cum pub

  7. 2 Feb 2002Approved
    Additions & alterations

    Proposed additions / alterations to 1st storey only of existing 3-storey building and the use at 1st storey as restaurant and pub

  8. 22 Nov 2000Approved
    Additions & alterations

    Proposed additions and alterations to 1st storey only of existing 3 storey building and the approved use at 1st storey and part of 2nd storey as eating establishment (operate as restaurant in the day and pub at night)

  9. 2 Oct 2000Approved
    Change of use: approved offive → eating establishment

    Proposed change of use at 1st storey and part of 2nd storey from approved offive to eating establishment (operate restaurant in the day and pub at night)

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

How does Club Street price?

Strata sales on the street (5y)
1

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.

10

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.

11

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)

  • 87 Club Street, 069455S$6k/mo · 641 sqft
  • Retail Shop @ Icon Hotel @ Club StreetS$3k/mo · 267 sqft

Browse every listing at this building →

12

What is near Telok Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 242 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Vienna Medical Clinic · 63 mAnn Siang Hill Pk · 72 mOpp Sri Mariamman Tp · 77 mPlace Of Worship · 102 mHotel · 123 mMaxwell MRT Exit 2 · 124 mKreta Ayer Community Club · 309 mEducational Institution · 830 mOutram Polyclinic · 855 mSingapore General Hospital · 1.1 km

Competing premises nearby

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

Maxwell Food Centre · 182 mCross Street Exchange · 249 mHong Heng Seng · 264 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Telok Ayer Conservation Area

Key takeawayThe nearest station is Maxwell (TE18), 123 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 48 public car parks are within 500 m.
Foot traffic: busier than 85% of retail buildings

nearest MRT/LRT Maxwell (TE18) 123 m, about 23,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 8, about 19,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 20,000 residents within 1 km (June 2026); 8 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

  • Maxwell (TE18)123 m · about 23,000 weekday taps
  • Telok Ayer (DT18)227 m · about 37,000 weekday taps
  • Chinatown (NE4 / DT19)299 m · about 97,000 weekday taps
  • Tanjong Pagar (EW15)445 m · about 85,000 weekday taps
  • Raffles Place (EW14 / NS26)586 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

8 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Mohd Ali Lan E - Ann Siang Hill) (URA)46 m
  • Backlane (Ann Siang Rd - Erskine Rd) (URA)69 m
  • Ann Siang Rd (URA)81 m
    S$1.20 per half-hour at midday on a weekday · 26 car lots
  • Backlane (Temple St - Smith St) (URA)121 m
  • Amoy St (URA)168 m
    S$1.20 per half-hour at midday on a weekday · 81 car lots

Nearest URA season parking: Blair Road-Everton Roa D Area, 1.1 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.

14

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.
  • Administrative and support services
    1
  • Health and social services
    1
  • Information and communications
    1
  • Wholesale and retail trade
    0
  • Financial and insurance
    0
  • Manufacturing
    0
  • Construction
    0
  • Transportation and storage
    0
  • Professional, scientific and technical services
    0
  • Real estate
    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.

15

Frequently asked questions about Telok Ayer Conservation Area

Where is Telok Ayer Conservation Area?⌄

Telok Ayer Conservation Area is at 87 Club Street, Singapore 069455, 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 999-year leasehold. About 800 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$5,014 psf. The latest was in January 2019.

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

Maxwell MRT is the closest, 242 m away (about a 4-minute walk).

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

6 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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