CommercialRESIDENTIALLeaseholdDistrict 15 · Kallang

Costa Rhu

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2014

Quick Summary

Costa Rhu is a commercial building in District 15 · Kallang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. It is leasehold with roughly 67 years remaining. 8 transactions are on record since 1995, most recently in Jun 2014. 1 unit is currently listed for sale. ACRA records 5 live company registrations at this address.

The facts are here — now get the verdict on Costa Rhu.

Ask PropKaki

What are the key facts about Costa Rhu?

Key takeawayCosta Rhu is a commercial building in District 15 · Kallang, zoned RESIDENTIAL, held leasehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.8
Tenure: Leasehold
District / Area: District 15 · Kallang
Address: 7 Rhu Cross
Land area: 41,908 sqm
Completed: Not on record
Storeys: Not on record
Strata lots (whole development, MCST): 741
Strata formed: 1999 (MCST 2345)
Submarket: City Fringe
Units with a recorded sale: At least 4
Transactions on record: 8 (records start 1995)
Live listings: 1
ACRA registrations: 5

About Costa Rhu

Costa Rhu is a mixed-use building in Kallang (District 15). It is located along Rhu Cross, Singapore 437435.

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

The site is leasehold, with about 67 years remaining on the lease. It occupies roughly 41,908 sqm of land with about 133,273 sqm of gross floor area.

8 transactions have been recorded here, at a median of S$1,054 psf. The most recent was in June 2014.

7 businesses are currently registered at this address with ACRA.

The nearest MRT is Nicoll Highway MRT, 496 m away (about a 8-minute walk). The closest bus stop (Opp Costa Rhu Condo) is 134 m away (about a 2-minute walk).

What is Costa Rhu zoned as?

Key takeawayCosta Rhu 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 →

What has Costa Rhu sold for?

Key takeaway8 transactions are on record since 1995, most recently in Jun 2014 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jun 2014	Retail	S$950k	592 sqft	$1,605
Sept 2012	Retail	S$868k	592 sqft	$1,466
Jan 2012	Retail	S$918k	646 sqft	$1,421
Nov 2011	Retail	S$680k	646 sqft	$1,053
Nov 2011	Retail	S$1.80M	1,798 sqft	$1,001
Nov 2010	Retail	S$625k	592 sqft	$1,056
Aug 2010	Retail	S$545k	592 sqft	$921
Feb 2001	Retail	S$440k	646 sqft	$681

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 Costa Rhu rent for?

Key takeawayNo street- or building-level rent is published here. Across District 15 retail, retail space rented at a median of $9.14 psf a month in 2026Q3, with the middle half of leases between $7.55 and $14.01. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 15 retail

Region band · 2026Q3

25th pct

$7.55

$81.29 psm

Median

$9.14

$98.41 psm

75th pct

$14.01

$150.81 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 15 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 Costa Rhu

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 Costa Rhu

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

Sale: 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 Costa Rhu?

Key takeawayURA has approved 2 changes of use at Costa Rhu since 2000, most recently in 2017. 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.

19 Jul 2019RenewedFloor B1
Continued use as commercial school
Continued use of units #B1-XX and #B1-XX as commercial school
13 Jul 2017ApprovedFloor B1
Change of use to commercial school
Proposed change of use of units #B1-XX and #B1-XX to commercial school
16 Aug 2016RenewedFloor B1
Continued use as commercial school
Continued use of unit #B1-XX as commercial school
5 Jun 2015RenewedFloor B1
Continued use as commercial school
Continued use of unit #B1-XX as commercial school
10 Jun 2014ApprovedFloor B1
Change of use to commercial school
Proposed change of use of unit #B1-XX to commercial school - costa rhu
23 Mar 2010Approved
Additions & alterations
Proposed additions & alterations to the existing costa rhu condominium involving extension of the gymnasium on the basement

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 Costa Rhu?

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

Indicative area yield — District 15 retail

Gross yield (area)

3.7%

3.3% net of property tax

Rent side (median of bands)

$98.41 psm/mo

2026Q3

Price side (strata, 5y)

$2,956 psf

85 sales

An INDICATIVE AREA yield for District 15 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 15 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
B1 & Below · 30 & Below	$121.08	$139.73	$241.82
Level 1 · 30 & Below	$69.23	$85.38	$86.21
Level 2 & 3 · 30 & Below	$47.87	$67.50	$87.18
Level 1 · >30 - 100	$73.94	$87.91	$101.01
Level 2 & 3 · >30 - 100	$57.08	$76.47	$184.13
B1 & Below · >30 - 100	$88.64	$163.41	$259.82
Level 2 & 3 · >100 - 300	$93.30	$107.29	$126.41
Level 1 · >100 - 300	$69.67	$89.53	$113.56

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 Costa Rhu right now?

Key takeaway1 unit is currently listed at Costa Rhu. One row per unit; several agents often market the same unit.

For sale (1)

Costa Rhu4 agentsS$3.00M · 646 sqft

Browse every listing at this building →

What is near Costa Rhu?

Key takeawayThe nearest MRT/LRT is Nicoll Highway MRT, about 496 m away — and 2 competing retail premisess operate nearby.

Getting around

Nicoll Highway MRT496 m · ~8 min

Amenities nearby

Opp Costa Rhu Condo · 134 mEast Coast Park Area A · 422 mNicoll Highway MRT Exit B · 449 mHotel · 686 mKampong Glam Community Club · 776 mPlace Of Worship · 799 mEducational Institution · 998 mRaffles Hospital · 1.2 km

Competing premises nearby

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

Golden Mile Food Centre · 798 mSuntec City · 861 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Costa Rhu

Key takeawayThe nearest station is Nicoll Highway (CC5), 449 m away — a quiet station, with about 10,000 taps in and out on an average weekday. No public car park we hold is within 500 m; the nearest is Raffles Boulevard Coac H Park (URA), 728 m away; the nearest URA season parking is Kampong Glam Area, 806 m away (S$125/month).

Foot traffic: busier than 7% of retail buildings

nearest MRT/LRT Nicoll Highway (CC5) 449 m, about 10,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 3, about 1,522 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 8,882 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

Nicoll Highway (CC5)449 m · about 10,000 weekday taps
Tanjong Rhu (TE23)750 m · 5,889 weekday taps
Promenade (CC4 / DT15)765 m · about 45,000 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 Costa Rhu. Transfers between lines don't tap, so interchanges read low.

Bus

3 bus stops within 400 m, with 1,522 boardings and alightings on an average weekday.

Who's registered at Costa Rhu?

Key takeaway5 live companies (and LLPs and branches; sole proprietors are not counted) list Costa Rhu as their registered address. These are registered businesses, not who occupies the space.

Education
2
Wholesale and retail trade
1
Accommodation and food services
1
Other services
1
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 Costa Rhu

Where is Costa Rhu?⌄

Costa Rhu is at 7 Rhu Cross, Singapore 437435, in the Kallang planning area.

What is Costa Rhu zoned as?⌄

Costa Rhu sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

What is the tenure of Costa Rhu?⌄

Costa Rhu is leasehold. About 67 years remain on the lease.

What have units at Costa Rhu sold for?⌄

Across 8 recorded transactions, the median price is S$1,054 psf. The latest was in June 2014.

What is the nearest MRT station to Costa Rhu?⌄

Nicoll Highway MRT is the closest, 496 m away (about a 8-minute walk).

How many businesses are registered at Costa Rhu?⌄

7 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

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Tell me about Costa Rhu — 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.

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This development is also registered as the residential project Costa Rhu.

Read the figures right

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

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

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.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

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.

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 BCA's MCST register, PropKaki's submarket map, URA planning decisions, 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.