CommercialLeaseholdDistrict 1 · Singapore River

Telok Ayer Conservation Area

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2013
Quick Summary

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.

1

What are the key facts about Telok Ayer Conservation Area?

Key takeawayTelok Ayer Conservation Area is a commercial building in District 1 · Singapore River, held leasehold.
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
—
Transactions on record
2 (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 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.

3

What has Telok Ayer Conservation Area sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2013 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2013OfficeS$13.50M3,973 sqft$3,398
Dec 2001OfficeS$3.00M3,973 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.

4

How does South Bridge Road price?

Strata sales on the street (5y)
8

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.

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

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

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.

7

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.

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