A long leasehold interest in one of Singapore’s best-known conservation districts.
Boat Quay was gazetted for conservation in 1989 and remains part of the Singapore River historic district.
Raffles Place and Clarke Quay MRT stations provide convenient access for occupiers, customers and staff.
The external staircase arrangement can support separate occupation of different levels, subject to approved use and tenancy terms.
This approximately 3,770 sqft conservation shophouse at Boat Quay is offered for sale. The property has a 999-year tenure and the current listing information states that an F&B tenant occupies Level 1.
Boat Quay is one of Singapore’s Historic Conservation Areas. URA records that the area was gazetted for conservation on 7 July 1989 and is characterised by the restored shophouses and warehouses lining the Singapore River. Buyers should note that conservation guidelines apply to additions, alterations and changes of use.
The property sits beside the Raffles Place financial district and within walking distance of both Raffles Place MRT and Clarke Quay MRT. Boat Quay also has a strong mix of restaurants, bars and services serving the CBD and Singapore River precinct.
The external staircase serving the upper levels may allow different floors to be occupied separately. This can provide leasing flexibility, although buyers should verify the existing tenancy schedule, approved uses, access arrangements and any conservation or planning requirements before relying on a particular configuration.
The shophouse is marketed as a commercial property. Potential F&B, retail or office use should always be checked against the approved use for the specific premises and current URA requirements rather than assumed from surrounding businesses.
This Boat Quay shophouse may appeal to investors seeking a long-tenure conservation asset, owner-occupiers wanting a distinctive CBD address, and buyers who value the ability to manage more than one occupier across different levels.
Interested in this shophouse?
Request the tenancy details, floorplan and latest sale information.
Train Stations
Raffles Place
Clarke Quay
Food & Amenities
Boat Quay dining
Raffles Place amenities
Carpark
Nearby public and commercial parking
Approved Use
Commercial
Specific use subject to approval
Tenure
999 Years
What is the tenure of this Boat Quay shophouse?
The current listing states a 999-year tenure. Buyers should confirm the title particulars as part of the legal due-diligence process.
Is Boat Quay a conservation area?
Yes. URA identifies Boat Quay as a Historic Conservation Area and records that it was gazetted for conservation on 7 July 1989.
Is the shophouse currently tenanted?
The current listing information states that an F&B tenant occupies Level 1. Buyers should review the full tenancy schedule, rent, lease expiry, deposits and renewal terms before making an offer.
Can the different floors have separate tenants?
The external staircase may support separate access to different levels. Any leasing arrangement should be checked against the approved use, fire-safety requirements, building layout and tenancy documentation.
Which MRT stations are near Boat Quay?
Raffles Place MRT and Clarke Quay MRT are the two most useful stations for the Boat Quay precinct.
Is ABSD payable on a commercial shophouse?
ABSD applies to residential property. A solely non-residential commercial property is generally not subject to ABSD, although Buyer’s Stamp Duty, GST where applicable, legal fees and other transaction costs may still apply.
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