BOAT QUAY CONSERVATION AREA is a 999 yrs lease commencing from 1826 development along BOAT QUAY in District 1 (CBD (Raffles Place, Marina, Cecil)), part of the RCR segment of Singapore's private residential market. The project comprises a compact unit count and is an established secondary-market project.
This profile draws on 1 recorded transaction from URA to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 1 (CBD (Raffles Place, Marina, Cecil)), the immediate context for BOAT QUAY CONSERVATION AREA is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 1 sale and 0 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BOAT QUAY CONSERVATION AREA dashboard.
- Average sale price: $6,130,000 across 1 transaction
- District 1 PSF ranking: Premium tier (top 11%)
- 999 yrs lease commencing from 1826 · RCR · D1
About BOAT QUAY CONSERVATION AREA
BOAT QUAY CONSERVATION AREA is a 999 yrs lease commencing from 1826 condominium, located at BOAT QUAY in District 1 (Raffles Place, Marina, Cecil, People's Park) (Rest of Central Region).
Sales Market Overview
BOAT QUAY CONSERVATION AREA has recorded 1 sale transaction with an average transaction price of $6,130,000, ranging from $6,130,000 to $6,130,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2022 | 1 | $5,695 psf | $6,130,000 | — |
BOAT QUAY CONSERVATION AREA ranks in the top 11% of condos in District 1 by average PSF.
Compared to the RCR average of $2,049 psf, BOAT QUAY CONSERVATION AREA trades 177.9% above the segment benchmark.
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Competing Condos in District 1
Side-by-side comparison against the most actively traded condos in District 1 (Raffles Place, Marina, Cecil, People's Park):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| ONE MARINA GARDENS | 99 yrs lease commencing from 2023 | 937 | $2,957 psf | 633 |
| THE SAIL @ MARINA BAY | 99-year leasehold | 1111 | $2,011 psf | 268 |
| MARINA ONE RESIDENCES | 99 yrs lease commencing from 2011 | 1042 | $2,320 psf | 209 |
| UNION SQUARE RESIDENCES | 99 yrs lease commencing from 2024 | 366 | $3,149 psf | 155 |
| ONE SHENTON | 99 yrs lease commencing from 2005 | 341 | $1,774 psf | 104 |
Location Map
Map shows BOAT QUAY CONSERVATION AREA (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BOAT QUAY CONSERVATION AREA
- Clarke Quay MRT
- Chinatown MRT
- Chinatown MRT
- Raffles Place MRT
- Raffles Place MRT
- Singapore Management University
- School of the Arts
- Fairfield Methodist School (Primary)
Nearby MRT Stations
BOAT QUAY CONSERVATION AREA is 260m from Clarke Quay MRT (North-East Line), with 28 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Clarke Quay | NE5 | North-East Line | 260m |
| Chinatown | NE4 | North-East Line | 470m |
| Chinatown | DT19 | Downtown Line | 470m |
| Raffles Place | NS26 | North-South Line | 510m |
| Raffles Place | EW14 | East-West Line | 510m |
| Telok Ayer | DT18 | Downtown Line | 530m |
| Fort Canning | DT20 | Downtown Line | 760m |
| City Hall | NS25 | North-South Line | 810m |
Nearby Schools
There are 7 schools within 2 km of BOAT QUAY CONSERVATION AREA.
| School | Type | Distance |
|---|---|---|
| Singapore Management University | Tertiary | 1.1 km |
| School of the Arts | Jc | 1.2 km |
| Fairfield Methodist School (Primary) | Primary | 1.2 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.3 km |
| Outram Secondary School | Secondary | 1.4 km |
| Kheng Cheng School | Primary | 1.8 km |
| Cantonment Primary School | Primary | 1.9 km |
Genuine walk-to-MRT access. Clarke Quay sits about 0.26km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
School-belt proximity. Singapore Management University sits about 1.09km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Mature streetscape and amenity coverage. The immediate neighbourhood has the daily-living amenity profile of an established residential precinct — hawker centres, supermarkets, clinics, parks within a short walk or drive. The convenience compounds over a hold, even if no single amenity is a headline feature.
Thin transaction history. With only 1 recorded sale, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
- ⚠️ Young couple, first home: Lease horizon constrains long-hold optionality
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ✅ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ⚠️ Long-term hold (10+ yr): Plan exit timing around lease-decay thresholds
Composite assessment: BOAT QUAY CONSERVATION AREA benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 1 transaction in URA provides the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for BOAT QUAY CONSERVATION AREA?
What is the rental yield for BOAT QUAY CONSERVATION AREA?
Is BOAT QUAY CONSERVATION AREA freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 1 transaction analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for BOAT QUAY CONSERVATION AREA
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 420 condo transactions recorded in District 1 over the last 12 months, 59% new sale, 41% resale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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HDB Alternatives Nearby
Weighing BOAT QUAY CONSERVATION AREA against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (330m away), an upgrader gap of about $5,050,000
- Kallang/whampoa — 4-room average $882,887 (1.3 km away), an upgrader gap of about $5,250,000
- Bukit Merah — 4-room average $894,787 (1.4 km away), an upgrader gap of about $5,250,000