Telok Ayer Conservation Area
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 Jul 2010. 1 unit is currently listed for sale. ACRA records 1 live company registration at this address.
What are the key facts about Telok Ayer Conservation Area?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- 999-year leasehold
- District / Area
- District 1 · Outram
- Address
- 259 South Bridge Road
- Land area
- —
- Completed
- Not on record
- Storeys
- 2 (© OpenStreetMap contributors)
- Submarket
- City Fringe
- Listed as
- Shop / Shophouse
- Transactions on record
- 2 (records start 1995)
- Live listings
- 1
- ACRA registrations
- 1
About Telok Ayer Conservation Area
Telok Ayer Conservation Area is a commercial conservation area in Outram (District 01). It is located along South Bridge Road, Singapore 058808.
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$1,863 psf. The most recent was in July 2010.
1 business is currently registered at this address with ACRA.
The nearest MRT is Chinatown MRT, 236 m away (about a 4-minute walk). The closest bus stop (Opp Sri Mariamman Tp) is 17 m away (about a 0-minute walk).
What is Telok Ayer Conservation Area zoned as?
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Telok Ayer Conservation Area sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2010 | Shop House | S$3.60M | 1,463 sqft | $2,461 |
| Sept 2003 | Shop House | S$1.85M | 1,463 sqft | $1,265 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Telok Ayer Conservation Area rent for?
Retail space on South Bridge Road
Street level · 2026Q3S$ 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).
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 — 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
- Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m 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.
How fast units move at Telok Ayer Conservation Area
Sale: between 6 Aug 2026 and 28 Aug 2026, 0 new listings 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.
What's been approved at Telok Ayer Conservation Area?
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.
- 16 Dec 2024ApprovedChange of use to backpacker’s hostel with ancillary cafe
Change of use as backpacker’s hostel with ancillary cafe at the 1st storey and backpacker’s hostel at the 2nd and 3rd storey of the 3-storey conserved building ts03 on lot 99879v at 259 south bridge road (chinatown (telok ayer) conservation area)
- 28 Oct 2022ApprovedChange of use: shop → backpacker’s hostel with ancillary cafe
Change of use from shop to backpacker’s hostel with ancillary cafe at the 1st storey and office to backpacker’s hostel at the 2nd and 3rd storey of the 3 storey conserved building ts03 on lot 99879v at 259 south bridge road (chinatown (telok ayer) conservation area)
- 12 Jun 2020ApprovedChange of use
Proposed backpackers’ hostel (42 beds) at the 3-storey building with ancillary restaurant at 1st storey ts03 on lot 99879v at 259 south bridge road (chinatown (telok ayer) conservation area)
- 5 Aug 2019RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd & 3rd storey units of the 3-storey building ts03 on lot 99879v at 259 south bridge road as backpackers' hostel (40 beds) (chinatown (telok ayer) conservation area)
- 26 Oct 2018RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd & 3rd storey units of the 3-storey building ts03 on lot 99879v at 259 south bridge road as backpackers' hostel (40 beds) (chinatown (telok ayer) conservation area)
- 7 Dec 2017RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd & 3rd storey units of the 3-storey building ts03 on lot 99879v at 259 south bridge road as backpackers' hostel (40 beds) (chinatown (telok ayer) conservation area)
- 8 Jun 2015RenewedContinued use as backpackers' hostel
Continued use at the 1st, 2nd & 3rd storey units of the 3-storey building ts03 on lot 99879v at 259 south bridge road as backpackers' hostel (chinatown (telok ayer) conservation area)
- 9 Jun 2014RenewedContinued use as backpackers' hostel
Continued use at the 3-storey building ts03 on lot 99879v at 259 south bridge road as backpackers' hostel (chinatown (telok ayer) conservation area)
- 15 May 2013RenewedContinued use as backpackers' hostel
Continued use of existing 3-storey shophouse as backpackers' hostel on lot 99879v ts 03 at 259 south bridge road (chinatown -telok ayer conservation area)
- 18 Jul 2012ApprovedAdditions & alterations
Proposed additions & alterations and change of use of existing 3-storey shophouse to backpackers' hostel
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 | $396.56 |
Office rents — Central Area ($ psm/month, 2026Q3)
| Building class · size band | 25th pct | Median | 75th 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.
What is available at Telok Ayer Conservation Area right now?
For sale (1)
- ❤️ PRIME! Renovated Investment Shophouse Tenanted2 agentsS$18.00M · 3,258 sqft
What is near Telok Ayer Conservation Area?
Getting around
- Chinatown MRT236 m · ~4 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at Telok Ayer Conservation Area
nearest MRT/LRT Maxwell (TE18) 146 m, about 23,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 10, about 34,000 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)146 m · about 23,000 weekday taps
- Chinatown (NE4 / DT19)236 m · about 97,000 weekday taps
- Telok Ayer (DT18)238 m · about 37,000 weekday taps
- Tanjong Pagar (EW15)511 m · about 85,000 weekday taps
- Clarke Quay (NE5)536 m · about 31,000 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 34,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Backlane (Mohd Ali Lan E - Ann Siang Hill) (URA)47 m
- Backlane (Temple St - Smith St) (URA)62 m
- Backlane (Ann Siang Rd - Erskine Rd) (URA)87 m
- Ann Siang Rd (URA)145 mS$1.20 per half-hour at midday on a weekday · 26 car lots
- Temple St (URA)164 mS$1.20 per half-hour at midday on a weekday · 61 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.
Who's registered at Telok Ayer Conservation Area?
- Accommodation and food services1
- Financial and insurance0
- Wholesale and retail trade0
- Arts, entertainment and recreation0
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 259 South Bridge Road, Singapore 058808, 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$1,863 psf. The latest was in July 2010.
What is the nearest MRT station to Telok Ayer Conservation Area?⌄
Chinatown MRT is the closest, 236 m away (about a 4-minute walk).
How many businesses are registered at Telok Ayer Conservation Area?⌄
1 business is currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
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.