CommercialRESIDENTIALDistrict 12 · Novena

16 Kim Keat Lane

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2021
Quick Summary

16 Kim Keat Lane is a commercial building in District 12 · Novena, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. 2 transactions are on record since 1995, most recently in May 2021. ACRA records 9 live company registrations at this address.

1

What are the key facts about 16 Kim Keat Lane?

Key takeaway16 Kim Keat Lane is a commercial building in District 12 · Novena, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 12 · Novena
Address
16 Kim Keat Lane
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
9
2

About 16 Kim Keat Lane

16 Kim Keat Lane is a mixed-use property in Novena (District 12). It is located along Kim Keat Lane, Singapore 328874.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

2 transactions have been recorded here, at a median of S$870 psf. The most recent was in May 2021.

9 businesses are currently registered at this address with ACRA.

The nearest MRT is Boon Keng MRT Exit A, 963 m away (about a 15-minute walk). The closest bus stop (Bef Kim Keat Lane) is 94 m away (about a 2-minute walk).

3

What is 16 Kim Keat Lane zoned as?

Key takeaway16 Kim Keat Lane sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What has 16 Kim Keat Lane sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2021 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2021OfficeS$1.13M1,324 sqft$852
Mar 1997Shop HouseS$1.18M1,324 sqft$887

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

What do commercial rents run near 16 Kim Keat Lane?

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

Indicative area yield — District 12 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$97.03 psm/mo
2026Q2
Price side (strata, 5y)
$2,689 psf
57 sales

An INDICATIVE AREA yield for District 12 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 12 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$62.49$64.71$66.54
Level 1 · 30 & Below$63.21$75.71$98.74
Level 1 · >30 - 100$112.99$125.25$147.17
Level 1 · >100 - 300$102.41$118.35$120.63

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.

6

What is near 16 Kim Keat Lane?

Amenities nearby

Bef Kim Keat Lane · 94 mHotel · 128 mPlace Of Worship · 130 mChua Clinic · 158 mWhampoa Community Club · 409 mEducational Institution · 410 mTan Tock Seng Hospital · 787 mBoon Keng MRT Exit A · 963 mKallang Polyclinic · 965 m

Competing premises nearby

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

Blks 91/92 Whampoa Drive # · 61 mSemper Fidelis Fine Foods Private Limited · 195 mSquare 2 · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 16 Kim Keat Lane?

Key takeawayACRA records 9 live company registrations at this address.
Live registrations
9
Registered last 3 years
0
Most common type
Sole Proprietorship/ Partnership

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.

8

Frequently asked questions about 16 Kim Keat Lane

Where is 16 Kim Keat Lane?

16 Kim Keat Lane is at 16 Kim Keat Lane, Singapore 328874, in the Novena planning area.

What is 16 Kim Keat Lane zoned as?

16 Kim Keat Lane sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What have units at 16 Kim Keat Lane sold for?

Across 2 recorded transactions, the median price is S$870 psf. The latest was in May 2021.

What is the nearest MRT station to 16 Kim Keat Lane?

Boon Keng MRT Exit A is the closest, 963 m away (about a 15-minute walk).

How many businesses are registered at 16 Kim Keat Lane?

9 businesses are 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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