CommercialRESIDENTIALDistrict 12 · Novena

16 Kim Keat Lane

Reviewed by Nathan TangUpdated 24 September 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)
3.9%
3.5% net of property tax
Rent side (median of bands)
$97.03 psm/mo
2026Q2
Price side (strata, 5y)
$2,767 psf
52 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on 16 Kim Keat Lane.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 16 Kim Keat Lane — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…