CommercialCOMMERCIALConservationFreeholdDistrict 2 · Outram

12,12a Keong Saik Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2022
Quick Summary

12,12a Keong Saik Road is a commercial building in District 2 · Outram, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 2 transactions are on record since 1995, most recently in Dec 2022. 1 unit is currently listed for rent. ACRA records 1 live company registration at this address.

1

What are the key facts about 12,12a Keong Saik Road?

Key takeaway12,12a Keong Saik Road is a commercial building in District 2 · Outram, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 2 · Outram
Address
12,12a Keong Saik Road
Land area
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
1
2

About 12,12a Keong Saik Road

12,12A Keong Saik Road is a commercial property in Outram (District 02). It is located along Keong Saik Road, Singapore 089119.

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 freehold.

2 transactions have been recorded here, at a median of S$12,610 psf. The most recent was in December 2022.

1 business is currently registered at this address with ACRA.

The nearest MRT is Maxwell MRT, 266 m away (about a 4-minute walk). The closest bus stop (Opp Maxwell Stn Exit 3) is 114 m away (about a 2-minute walk).

3

What is 12,12a Keong Saik Road zoned as?

Key takeaway12,12a Keong Saik Road 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 (Bukit Pasoh)
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 12,12a Keong Saik Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Dec 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2022Shop HouseS$17.00M1,090 sqft$15,591
Jul 2018Shop HouseS$10.50M1,090 sqft$9,630

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.

5

How does Keong Saik Road price?

Strata sales on the street (5y)
1

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.

6

What do commercial rents run near 12,12a Keong Saik Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$98.21 psm/mo
2026Q2
Price side (strata, 5y)
$2,762 psf
13 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$117.18$135.69$145.64
Level 4 & Above · 30 & Below$133.48$175.00$176.97
Level 2 & 3 · 30 & Below$88.69$92.35$103.79
B1 & Below · >30 - 100$182.74$186.04$189.76
Level 1 · >30 - 100$92.17$98.21$149.16
Level 2 & 3 · >30 - 100$83.42$86.12$95.80
Level 1 · >100 - 300$32.29$69.32$110.19

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

7

What is available at 12,12a Keong Saik Road right now?

Key takeaway1 unit is currently listed at 12,12a Keong Saik Road. One row per unit; several agents often market the same unit.

For rent (1)

  • Keong Saik RoadS$15k/mo · 1,432 sqft

Browse every listing at this building →

8

What is near 12,12a Keong Saik Road?

Key takeawayThe nearest MRT/LRT is Maxwell MRT, about 266 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 94 mOpp Maxwell Stn Exit 3 · 114 mLee Clinic & Surgery · 136 mOutram Park MRT Exit 4 · 143 mPlace Of Worship · 144 mDuxton Plain Pk · 149 mKreta Ayer Community Club · 222 mOutram Polyclinic · 363 mEducational Institution · 384 mSingapore General Hospital · 684 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Hong Heng Seng · 256 mChinatown Complex Market & Hawker Centre · 330 m100 Am · 583 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 12,12a Keong Saik Road?

Key takeawayACRA records 1 live company registration at this address, 1 of them in the last three years.
Live registrations
1
Registered last 3 years
1
Most common type
Local Company

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.

10

Frequently asked questions about 12,12a Keong Saik Road

Where is 12,12A Keong Saik Road?

12,12A Keong Saik Road is at 12,12A Keong Saik Road, Singapore 089119, in the Outram planning area.

What is 12,12A Keong Saik Road zoned as?

12,12A Keong Saik Road sits on land zoned commercial under the URA Master Plan.

What is the tenure of 12,12A Keong Saik Road?

12,12A Keong Saik Road is freehold.

Is 12,12A Keong Saik Road a conserved property?

Yes. 12,12A Keong Saik Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 12,12A Keong Saik Road sold for?

Across 2 recorded transactions, the median price is S$12,610 psf. The latest was in December 2022.

What is the nearest MRT station to 12,12A Keong Saik Road?

Maxwell MRT is the closest, 266 m away (about a 4-minute walk).

How many businesses are registered at 12,12A Keong Saik Road?

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.

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