CommercialCOMMERCIALConservationFreeholdDistrict 1 · Outram

Telok Ayer Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Dec 2020
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. 1 transaction is on record since 1995, most recently in Dec 2020. 3 units are currently listed for sale. 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 · 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
151 Telok Ayer Street
Land area
—
Completed
Not on record
Storeys
3 (© OpenStreetMap contributors)
Submarket
City Fringe
Listed as
Shop / Shophouse, Food & Beverage
Transactions on record
1 (records start 1995)
Live listings
3
ACRA registrations
0
2

About Telok Ayer Conservation Area

Telok Ayer Conservation Area is a commercial conservation area in Outram (District 01). It is located along Telok Ayer Street, Singapore 068609.

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.

1 transaction has been recorded here, at a median of S$8,585 psf. The most recent was in December 2020.

The nearest MRT is Telok Ayer MRT, 199 m away (about a 3-minute walk). The closest bus stop (Aft Telok Ayer St) is 181 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Dec 2020 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2020Shop HouseS$13.51M1,574 sqft$8,585

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 rent is published for Telok Ayer Conservation Area itself. On its street, Telok Ayer Street, retail space rented at a median of $26.26 psf a month in 2024Q2. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Telok Ayer Street

Street level · 2024Q2
25th pct
—
— psm
Median
$26.26
$282.61 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

2022Q2 · $96.70 psm2024Q2 · $282.61 psm median

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 Telok Ayer Street

Street level · 2026Q2
25th pct
$8.00
$86.12 psm
Median
$8.18
$88.04 psm
75th pct
$8.20
$88.27 psm

S$ per sq ft per month · median +4.9% on a year earlier

2022Q4 · $77.85 psm2026Q2 · $88.04 psm median

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 · 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: 3 units for sale.

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.

8

What's been approved at Telok Ayer Conservation Area?

Key takeawayURA's planning decisions at Telok Ayer Conservation Area since 2000 are below. 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. 21 Apr 2023Approved
    Additions & alterations

    Proposed amendment to approved addition & alteration works to existing 3-storey building & change of use to office at 1st, 2nd & 3rd storeys on lot 99908p ts02 at 151 telok ayer street (chinatown - telok ayer conservation area)

  2. 13 Aug 2021Approved
    Additions & alterations

    Proposed additions & alterations to existing 3-storey building and change of use at the 1st, 2nd and 3rd storey to office on lot 99908p ts02 at 151 telok ayer street (chinatown (telok ayer) conservation 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 takeaway3 units are currently listed at Telok Ayer Conservation Area. One row per unit; several agents often market the same unit.

For sale (3)

  • District 2 Heritage Shophouse for SaleS$23.88M · 4,000 sqft
  • Telok Ayer / Amoy Street / Boon Tat Street / Stanley StreetS$22.80M · 3,600 sqft
  • District 1 - Club Street Vicinity, Tastefully Refurbished, Close to MRTS$23.90M · 3,500 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 199 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 33 mParkway Shenton Medical Group · 57 mTelok Ayer Green · 102 mTelok Ayer MRT Exit A · 174 mAft Telok Ayer St · 181 mHotel · 217 mKreta Ayer Community Club · 525 mEducational Institution · 941 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 · 213 mCross Street Exchange · 346 mAp House Pte. Ltd. · 432 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), 174 m away — a moderately busy station, with about 37,000 taps in and out on an average weekday. 30 public car parks are within 500 m.
Foot traffic: busier than 90% of retail buildings

nearest MRT/LRT Telok Ayer (DT18) 174 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)174 m · about 37,000 weekday taps
  • Maxwell (TE18)314 m · about 23,000 weekday taps
  • Tanjong Pagar (EW15)318 m · about 85,000 weekday taps
  • Shenton Way (TE19)380 m · about 32,000 weekday taps
  • Raffles Place (EW14 / NS26)425 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)50 m
    S$1.20 per half-hour at midday on a weekday · 20 car lots
  • Backlane (Amoy St) (URA)63 m
  • Amoy St Off St (URA)63 m
    S$1.50 per half-hour at midday on a weekday · 16 car lots
  • Amoy St (URA)87 m
    S$1.20 per half-hour at midday on a weekday · 81 car lots
  • Backlane (Mccallum St) (URA)92 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 takeaway0 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.
  • Information and communications
    0
  • Professional, scientific and technical services
    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 151 Telok Ayer Street, Singapore 068609, 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 1 recorded transaction, the median price is S$8,585 psf. The latest was in December 2020.

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

Telok Ayer MRT is the closest, 199 m away (about a 3-minute walk).

For agents · in the PropKaki app

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