Telok Ayer Conservation Area
Telok Ayer Conservation Area is a commercial building in District 1 · Singapore River. It is leasehold with roughly 14 years remaining. 2 transactions are on record since 1995, most recently in May 2013. ACRA records 0 live company registrations at this address.
What are the key facts about Telok Ayer Conservation Area?
- Asset class
- Commercial
- Land-use zone
- Not on record
- Gross plot ratio
- —
- Tenure
- Leasehold
- District / Area
- District 1 · Singapore River
- Address
- 66,68 South Bridge Road
- Land area
- —
- Completed
- Not on record
- Storeys
- Not on record
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
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 058696.
The site is leasehold, with about 14 years remaining on the lease.
2 transactions have been recorded here, at a median of S$2,076 psf. The most recent was in May 2013.
What has Telok Ayer Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| May 2013 | Office | S$13.50M | 3,973 sqft | $3,398 |
| Dec 2001 | Office | S$3.00M | 3,973 sqft | $755 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Telok Ayer Conservation Area rent for?
Office space on South Bridge Road
Street level · 2026Q3S$ 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 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).
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
- Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m 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.
What's been approved at Telok Ayer Conservation Area?
- 20 Aug 2025ApprovedFloor 1Change of use to gym/fitness centre
Proposed change of use of unit #01-XX to gym/fitness centre
- 17 Feb 2025ApprovedFloor 1Change of use to restaurant
Proposed change of use of #01-XX (chan brothers@68) to restaurant
- 27 Jan 2025RefusedFloor 1Change of use to restaurant and bar
Proposed change of use of #01-XX at chan brothers@68 to restaurant and bar
- 21 May 2024RenewedFloor 2Continued use as gym/fitness centre
Continued use of unit #02-XX as gym/fitness centre - chan brothers@68
- 27 Mar 2024RenewedFloor 3Continued use as gym/fitness centre
Continued use of unit #03-XX as gym/fitness centre - chan brothers@68
- 8 Mar 2022RenewedFloor 1Continued use as restaurant
Continued use of office unit #01-XX as restaurant
- 7 Aug 2021ApprovedFloor 2Change of use to gym/fitness centre
Proposed change of use of unit #02-XX to gym/fitness centre - chan brothers@68
- 18 Jun 2021ApprovedFloor 3Change of use to gym/fitness centre
Proposed change of use of unit #03-XX to gym/fitness centre - chan brothers@68
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 |
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.
Who's registered at Telok Ayer Conservation Area?
- Manufacturing0
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 66,68 South Bridge Road, Singapore 058696, in the Singapore River planning area.
What is the tenure of Telok Ayer Conservation Area?⌄
Telok Ayer Conservation Area is leasehold. About 14 years remain on the lease.
What have units at Telok Ayer Conservation Area sold for?⌄
Across 2 recorded transactions, the median price is S$2,076 psf. The latest was in May 2013.
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.