CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 8 · Kallang

32 Penhas Road

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

32 Penhas Road is a commercial building in District 8 · Kallang, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY 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 Mar 2022. ACRA records 4 live company registrations at this address.

1

What are the key facts about 32 Penhas Road?

Key takeaway32 Penhas Road is a commercial building in District 8 · Kallang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 8 · Kallang
Address
32 Penhas Road
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
4
2

About 32 Penhas Road

32 Penhas Road is a commercial property in Kallang (District 08). It is located along Penhas Road, Singapore 208191.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

The site is freehold.

1 transaction has been recorded here, at a median of S$1,051 psf. The most recent was in March 2022.

4 businesses are currently registered at this address with ACRA.

The nearest MRT is Lavender MRT, 238 m away (about a 4-minute walk). The closest bus stop (Aft Kallang Rd) is 134 m away (about a 2-minute walk). Aperia Mall is 239 m away (about a 4-minute walk).

3

What is 32 Penhas Road zoned as?

Key takeaway32 Penhas Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has 32 Penhas Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Mar 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Mar 2022OfficeS$8.60M8,181 sqft$1,051

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 Penhas 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 32 Penhas 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 8 retail

Gross yield (area)
3.0%
2.7% net of property tax
Rent side (median of bands)
$73.77 psm/mo
2026Q2
Price side (strata, 5y)
$2,744 psf
57 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$92.22$107.29$134.61
Level 2 & 3 · 30 & Below$60.38$67.06$71.17
Level 1 · >30 - 100$65.65$79.01$105.39
Level 2 & 3 · >30 - 100$53.41$58.43$108.12
B1 & Below · >30 - 100$185.86$205.31$205.79
Level 1 · >100 - 300$43.81$68.53$71.93
Level 4 & Above · >100 - 300$86.62$94.73$108.30
B1 & Below · >300$50.00$59.34$62.68

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 near 32 Penhas Road?

Key takeawayThe nearest MRT/LRT is Lavender MRT, about 238 m away.

Getting around

Amenities nearby

Hotel · 18 mBelief Family Clinic · 130 mMahota Food Pte. Ltd. · 130 mAft Kallang Rd · 134 mJalan Besar Community Club · 172 mLavender MRT Exit B · 209 mAperia Mall · 239 mPlace Of Worship · 270 mEducational Institution · 385 mNorth Bridge Road Market & Food Centre · 462 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at 32 Penhas Road?

Key takeawayACRA records 4 live company registrations at this address, 3 of them in the last three years.
Live registrations
4
Registered last 3 years
3
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.

9

Frequently asked questions about 32 Penhas Road

Where is 32 Penhas Road?

32 Penhas Road is at 32 Penhas Road, Singapore 208191, in the Kallang planning area.

What is 32 Penhas Road zoned as?

32 Penhas Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 32 Penhas Road?

32 Penhas Road is freehold.

What have units at 32 Penhas Road sold for?

Across 1 recorded transaction, the median price is S$1,051 psf. The latest was in March 2022.

What is the nearest MRT station to 32 Penhas Road?

Lavender MRT is the closest, 238 m away (about a 4-minute walk).

How many businesses are registered at 32 Penhas Road?

4 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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