Telok Ayer Conservation Area

Telok Ayer Conservation Area is a leasehold (99 yrs from 1951, freehold, 999 yrs from 1827, 999 yrs from 1827, 999 yrs from 1884, 999 yrs from 1823, n.a., 999 yrs from 1829, 199 yrs from 2003, 999 yrs from 1833, 99 yrs from 1996, 999 yrs from 1832, na, 99 yrs from 1941, 999 yrs from 1833, 99 yrs from 1996, 99 yrs from 1996, 99 yrs from 1990, 999 yrs from 1828, 99 yrs from 1995, 99 yrs from 1992, 99 yrs from 1951, 99 yrs from 1990) commercial property. The development occupies a land area of 134 sqm.

TELOK AYER CONSERVATION AREA is located along Amoy Street in Outram, in District 1. It is accessible through the nearest MRTs including Chinatown DT19, NE4 and Maxwell TE18. Other nearby amenities include: 3 Grocerie(s): HONG HENG SENG, IROHA INTERNATIONAL PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): Cross Street Exchange, Far East Square, Lucky Chinatown.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 5,641 psf in Dec 2022 for a 1,516 sqft unit for Office, S$ 11,543 psf in May 2024 for a 1,429 sqft unit for Shop House. Its lowest recorded transaction was S$ 5,641 psf in Dec 2022 for a 1,516 sqft unit for Office, S$ 11,180 psf in Aug 2024 for a 1,185 sqft unit for Shop House.

Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.