CommercialBUSINESS 1 - WHITELeaseholdDistrict 12 · Kallang

Ct Hub 2

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2025
Quick Summary

Ct Hub 2 is a commercial building in District 12 · Kallang, on land zoned BUSINESS 1 - WHITE under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 49 years remaining. 60 transactions are on record since 1995, most recently in May 2025. 80 units are currently listed for sale or rent. ACRA records 1,414 live company registrations at this address.

1

What are the key facts about Ct Hub 2?

Key takeawayCt Hub 2 is a commercial building in District 12 · Kallang, zoned BUSINESS 1 - WHITE, held leasehold.
Asset class
Commercial
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.0
Tenure
Leasehold
District / Area
District 12 · Kallang
Address
114 Lavender Street
Land area
13,203 sqm
Transactions on record
60 (records start 1995)
Live listings
80
ACRA registrations
1,414
2

About Ct Hub 2

Ct Hub 2 is a commercial building in Kallang (District 12). It is located along Lavender Street, Singapore 338729.

Under the URA Master Plan it sits on land zoned business 1 - white with a gross plot ratio of 3.

The site is leasehold, with about 49 years remaining on the lease. It occupies roughly 13,203 sqm of land with about 42,822 sqm of gross floor area.

60 transactions have been recorded here, at a median of S$1,854 psf. The most recent was in May 2025.

1,414 businesses are currently registered at this address with ACRA.

The nearest MRT is Bendemeer MRT, 249 m away (about a 4-minute walk). The closest bus stop (Aft Kallang Bahru) is 114 m away (about a 2-minute walk).

3

What is Ct Hub 2 zoned as?

Key takeawayCt Hub 2 sits on land zoned BUSINESS 1 - WHITE with a gross plot ratio of 3.0.
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has Ct Hub 2 sold for?

Key takeawayAcross 60 recorded transactions since 1995, the median price is about S$1.03M, most recently in May 2025.
DateUsePriceAreaPSF
May 2025RetailS$856k355 sqft$2,410
May 2025RetailS$751k269 sqft$2,791
Nov 2023OfficeS$1.94M1,141 sqft$1,700
Oct 2023RetailS$1.54M581 sqft$2,649
Sept 2023OfficeS$1.35M635 sqft$2,130
Aug 2023RetailS$938k388 sqft$2,421
Aug 2023OfficeS$1.25M624 sqft$2,002
Jul 2023OfficeS$1.47M689 sqft$2,130
May 2023OfficeS$1.28M646 sqft$1,980
May 2023OfficeS$1.34M678 sqft$1,980

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 Lavender Street price?

Key takeawayAcross 28 strata sales on Lavender Street in the last 5 years, the median is $1,980 psf.
Strata sales on the street (5y)
28
Street median PSF (strata)
$1,980

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Ct Hub 2?

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.

7

What is available at Ct Hub 2 right now?

Key takeaway80 units are currently listed at Ct Hub 246 for sale and 34 for rent. One row per unit; several agents often market the same unit.

For sale (46)

  • CT Hub 22 agentsS$900k · 237 sqft
  • CT Hub 25 agentsS$1.50M · 969 sqft
  • CT Hub 22 agentsS$1.23M · 969 sqft
  • CT Hub 22 agentsS$2.21M · 1,894 sqft

For rent (34)

  • CT Hub 2S$5k/mo · 1,109 sqft
  • CT Hub 22 agentsS$4k/mo · 1,066 sqft
  • CT Hub 2S$4k/mo · 324 sqft
  • CT Hub 2S$19k/mo · 2,896 sqft

Browse every listing at this building →

8

What is near Ct Hub 2?

Key takeawayThe nearest MRT/LRT is Bendemeer MRT, about 249 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Aft Kallang Bahru · 114 mHotel · 128 mThe Clinic @ Aperia · 150 mBendemeer MRT Exit B · 224 mPlace Of Worship · 315 mJalan Besar Community Club · 426 mEducational Institution · 632 mKallang Polyclinic · 784 mFarrer Park Hospital · 1.1 km

Competing premises nearby

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

Aperia Mall · 90 mCold Storage Singapore (1983) Pte Ltd · 222 mNorth Bridge Road Market & Food Centre · 652 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Ct Hub 2?

Key takeawayACRA records 1,414 live company registrations at this address, 553 of them in the last three years.
Live registrations
1,414
Registered last 3 years
553
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.

10

Frequently asked questions about Ct Hub 2

Where is Ct Hub 2?

Ct Hub 2 is at 114 Lavender Street, Singapore 338729, in the Kallang planning area.

What is Ct Hub 2 zoned as?

Ct Hub 2 sits on land zoned business 1 - white under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Ct Hub 2?

Ct Hub 2 is leasehold. About 49 years remain on the lease.

What have units at Ct Hub 2 sold for?

Across 60 recorded transactions, the median price is S$1,854 psf. The latest was in May 2025.

What is the nearest MRT station to Ct Hub 2?

Bendemeer MRT is the closest, 249 m away (about a 4-minute walk).

How many businesses are registered at Ct Hub 2?

1,414 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 Ct Hub 2.

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

PropKaki
Tell me about Ct Hub 2 — 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…
Chat on WhatsApp