CommercialCOMMERCIALConservation999-year leaseholdDistrict 1 · Outram

Telok Ayer Conservation Area

Reviewed by Nathan TangUpdated 8 November 2026Data through Oct 2015
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. 1 transaction is on record since 1995, most recently in Oct 2015. 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 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
1 Ann Siang Hill
Land area
—
Completed
Not on record
Storeys
Not on record
Submarket
City Fringe
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 Outram (District 01). It is located along Ann Siang Hill, Singapore 069784.

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.

1 transaction has been recorded here, at a median of S$5,066 psf. The most recent was in October 2015.

The nearest MRT is Maxwell MRT, 203 m away (about a 3-minute walk). The closest bus stop (Opp Sri Mariamman Tp) is 54 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 takeaway1 transaction is on record since 1995, most recently in Oct 2015 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2015Shop HouseS$3.17M625 sqft$5,066

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

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 2024. 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. 10 Sept 2026Renewed
    Continued use as restaurant

    Continued use at the 1st and 2nd storey unit at the 2-storey building with roof mezzanine ts 03 on lot 99860x at 1 ann siang hill as restaurant (chinatown (telok ayer) conservation area)

  2. 12 Aug 2024Approved
    Change of use to restaurant

    Change of use at the 1st and 2nd storey unit at the 2-storey building with roof mezzanine ts 03 on lot 99860x at 1 ann siang hill to restaurant (chinatown (telok ayer) conservation area)

  3. 21 Oct 2019Approved
    Change of use to restaurant

    Change of use at the 1st and 2nd storey unit of the 2-storey building ts 03 on lot 99860x at 1 ann siang hill to restaurant (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).

8

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.

9

What is near Telok Ayer Conservation Area?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 203 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Vienna Medical Clinic · 24 mOpp Sri Mariamman Tp · 54 mPlace Of Worship · 82 mMaxwell MRT Exit 2 · 93 mAnn Siang Hill Pk · 104 mHotel · 141 mKreta Ayer Community Club · 264 mEducational Institution · 797 mOutram Polyclinic · 811 mSingapore General Hospital · 1.0 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 · 158 mHong Heng Seng · 219 mCross Street Exchange · 274 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at Telok Ayer Conservation Area

Key takeawayThe nearest station is Maxwell (TE18), 92 m away — a moderately busy station, with about 23,000 taps in and out on an average weekday. 51 public car parks are within 500 m.
Foot traffic: busier than 95% of retail buildings

nearest MRT/LRT Maxwell (TE18) 92 m, about 23,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 10, about 28,000 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)92 m · about 23,000 weekday taps
  • Telok Ayer (DT18)267 m · about 37,000 weekday taps
  • Chinatown (NE4 / DT19)291 m · about 97,000 weekday taps
  • Tanjong Pagar (EW15)461 m · about 85,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)575 m · about 78,000 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

10 bus stops within 400 m, with about 28,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Backlane (Mohd Ali Lan E - Ann Siang Hill) (URA)9 m
  • Backlane (Ann Siang Rd - Erskine Rd) (URA)32 m
  • Backlane (Temple St - Smith St) (URA)87 m
  • Ann Siang Rd (URA)97 m
    S$1.20 per half-hour at midday on a weekday · 26 car lots
  • Banda St - Sago Lane O Ff St (URA)167 m
    S$1.20 per half-hour at midday on a weekday · 29 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.

11

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.

12

Frequently asked questions about Telok Ayer Conservation Area

Where is Telok Ayer Conservation Area?⌄

Telok Ayer Conservation Area is at 1 Ann Siang Hill, Singapore 069784, 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 1 recorded transaction, the median price is S$5,066 psf. The latest was in October 2015.

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

Maxwell MRT is the closest, 203 m away (about a 3-minute walk).

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