CommercialHOTELConservationFreeholdDistrict 8 · Kallang

2 Cavan Road

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2019

Quick Summary

2 Cavan Road is a commercial building in District 8 · Kallang, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 1 transaction is on record since 1995, most recently in May 2019. 1 unit is currently listed for rent. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on 2 Cavan Road.

Ask PropKaki

What are the key facts about 2 Cavan Road?

Key takeaway2 Cavan Road is a commercial building in District 8 · Kallang, zoned HOTEL, held freehold.

Asset class: Commercial
Land-use zone: HOTEL
Gross plot ratio: 3.0
Tenure: Freehold
District / Area: District 8 · Kallang
Address: 2 Cavan Road
Land area: —
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Listed as: Shop / Shophouse
Transactions on record: 1 (records start 1995)
Live listings: 1
ACRA registrations: 0

About 2 Cavan Road

2 Cavan Road is a commercial property in Kallang (District 08). It is located along Cavan Road, Singapore 209843.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.

The site is freehold.

1 transaction has been recorded here, at a median of S$1,926 psf. The most recent was in May 2019.

The nearest MRT is Lavender MRT, 388 m away (about a 6-minute walk). The closest bus stop (Bef Kallang Bahru) is 140 m away (about a 2-minute walk).

What is 2 Cavan Road zoned as?

Key takeaway2 Cavan Road sits on land zoned HOTEL with a gross plot ratio of 3.0, with conservation status.

Land-use zone: HOTEL
Gross plot ratio: 3.0
Conservation area: Jalan Besar
Conserved building: Yes

Run the full zoning report for this building →

What has 2 Cavan Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in May 2019 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
May 2019	Shop House	S$38.71M	20,101 sqft	$1,926

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. sqm ↔ sq ft converter

What does space at 2 Cavan Road rent for?

Key takeawayNo rent is published for 2 Cavan Road itself. On its street, Cavan Road, retail space rented at a median of $6.72 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Cavan Road

Street level · 2026Q3

25th pct

—

— psm

Median

$6.72

$72.34 psm

75th pct

—

— psm

S$ per sq ft per month (median only published) · median -5.4% on a year earlier

2021Q2 · $51.43 psm2026Q3 · $72.34 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 8 retail

Region band · 2026Q3

25th pct

$6.30

$67.76 psm

Median

$8.25

$88.77 psm

75th pct

$9.03

$97.19 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 8 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around 2 Cavan Road

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Rent S$28.15 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at 2 Cavan Road

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What's been approved at 2 Cavan Road?

Key takeawayURA's planning decisions at 2 Cavan Road since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

21 Aug 2025Approved
Additions & alterations
Proposed erection of a block of 8-storey hotel with swimming pool, ancillary facilities including conversion of existing 3-storey conserved warehouse to hotel ancillary facilities
2 Apr 2024Approved
Additions & alterations
Proposed gfa regularisation and amendment to approved erection of a block of 8-storey hotel with swimming pool, ancillary facilities including conversion of existing 3- storey conserved warehouse to hotel ancillary facilities on lot 00267p, 01909k pt, 01912k pt, 98666n pt & 98549c pt ts17 at 2 cavan road (kallang planning area)
31 Jul 2023Approved
Additions & alterations
Proposed erection of a block of 8-storey hotel with swimming pool, ancillary facilities including conversion of existing 3- storey conserved warehouse to hotel ancillary facilities on lot 00267p, 01909k pt, 01912k pt, 98666n pt & 98549c pt ts17 at 2 cavan road (kallang planning area)

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

What do commercial rents run near 2 Cavan Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 8 retail

Gross yield (area)

3.6%

3.3% net of property tax

Rent side (median of bands)

$88.77 psm/mo

2026Q3

Price side (strata, 5y)

$2,744 psf

59 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$67.76	$96.11	$143.21
Level 1 · 30 & Below	$76.14	$92.59	$171.04
B1 & Below · 30 & Below	$90.68	$93.21	$137.37
Level 2 & 3 · >30 - 100	$46.15	$61.63	$86.96
Level 1 · >30 - 100	$73.94	$90.91	$97.19
B1 & Below · >30 - 100	$82.17	$88.77	$163.62
Level 1 · >100 - 300	$59.57	$69.55	$95.87
Level 2 & 3 · >100 - 300	$43.92	$47.03	$64.17

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.

What is available at 2 Cavan Road right now?

Key takeaway1 unit is currently listed at 2 Cavan Road. One row per unit; several agents often market the same unit.

For rent (1)

Jalan besar walk to MRTS$20k/mo · 2,700 sqft

Browse every listing at this building →

What is near 2 Cavan Road?

Key takeawayThe nearest MRT/LRT is Lavender MRT, about 388 m away — and 3 competing retail premisess operate nearby.

Getting around

Lavender MRT388 m · ~6 min

Amenities nearby

Hotel · 0 mPlace Of Worship · 108 mBef Kallang Bahru · 140 mBelief Family Clinic · 259 mJalan Besar Community Club · 288 mLavender MRT Exit B · 358 mSomme Rd Pg · 368 mEducational Institution · 501 mKallang Polyclinic · 750 mFarrer Park Hospital · 867 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 195 mAperia Mall · 291 mBerseh Food Centre · 609 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 2 Cavan Road

Key takeawayThe nearest station is Lavender (EW11), 358 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 42 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.

Foot traffic: busier than 66% of retail buildings

nearest MRT/LRT Lavender (EW11) 358 m, about 39,000 taps a weekday; 4 more stations within 1 km; bus stops within 400 m: 11, about 31,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 34,000 residents within 1 km (June 2026); 2 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Lavender (EW11)358 m · about 39,000 weekday taps
Bendemeer (DT23)387 m · about 11,000 weekday taps
Farrer Park (NE8)600 m · about 57,000 weekday taps
Boon Keng (NE9)822 m · about 51,000 weekday taps
Jalan Besar (DT22)882 m · about 21,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 2 Cavan Road. Transfers between lines don't tap, so interchanges read low.

Bus

11 bus stops within 400 m, with about 31,000 boardings and alightings on an average weekday.

Public car parks within 500 m

King George'S Ave Off St (URA)39 m
S$0.60 per half-hour at midday on a weekday · 22 car lots
Cavan Rd (URA)52 m
S$0.60 per half-hour at midday on a weekday · 7 car lots
Horne Road Area (URA)60 m
season S$100/month
Service Rd (King Georg E'S Ave) (URA)64 m
S$0.60 per half-hour at midday on a weekday · 17 car lots
King George'S Ave - Ho Rne Rd Off St (URA)92 m
S$0.75 per half-hour at midday on a weekday · 61 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 2 Cavan Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 2 Cavan Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 2 Cavan Road as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
0
Real estate
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about 2 Cavan Road

Where is 2 Cavan Road?⌄

2 Cavan Road is at 2 Cavan Road, Singapore 209843, in the Kallang planning area.

What is 2 Cavan Road zoned as?⌄

2 Cavan Road sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 2 Cavan Road?⌄

2 Cavan Road is freehold.

Is 2 Cavan Road a conserved property?⌄

Yes. 2 Cavan Road falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at 2 Cavan Road sold for?⌄

Across 1 recorded transaction, the median price is S$1,926 psf. The latest was in May 2019.

What is the nearest MRT station to 2 Cavan Road?⌄

Lavender MRT is the closest, 388 m away (about a 6-minute walk).

For agents · in the PropKaki app

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Year of completion is not on record for this building. Building age cannot be stated.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Season parking: the cheapest URA car season rate (commercial ticket) at a public car park within 500 m, per month. HDB's season rates depend on a zone we don't have, so they are shown as HDB's tiers.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from PropKaki's submarket map, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.