Commercial439 buildingsKallang · Novena · Toa Payoh

Commercial buildings in District 12

Reviewed by Nathan TangUpdated 24 September 2026
Quick Summary

PropKaki tracks 439 commercial buildings in District 12. Most sit on COMMERCIAL & RESIDENTIAL land, with RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY next. Across 119 recorded transactions in the last 5 years, the median price is about S$1.47M (S$2,230 psf). 301 units are listed for sale and 448 for rent.

1

Which commercial buildings are in District 12?

Key Takeaway

439 buildings are tracked in District 12 — the 60 most transacted are listed here.

Showing 30 of 60 tracked buildings.

2

What do commercial properties in District 12 sell for?

Key Takeaway

In the last 12 months, 18 transactions in District 12 closed at a median of about S$1.06M (S$1,701 psf); over five years the median is S$1.47M across 119 deals.

Transactions (12m)

18

URA/JTC records

Transactions (5y)

119

URA/JTC records

Median price (12m)

S$1.06M

recent deals

Median PSF (12m)

S$1,701 psf

strata & land mix

Use typeTransactionsMedian PSF
Retail52S$2,767 psf
Office41S$1,725 psf
Shop House26S$2,565 psf
3

What is for sale or rent in District 12?

Key Takeaway

301 units are listed for sale and 448 for rent in District 12, one row per unit.

For sale

301

deduplicated units

For rent

448

deduplicated units

Browse rentals in District 12 · Browse sales →

4

What are the most recent commercial deals in District 12?

Key Takeaway

The latest recorded deal in District 12 closed in Aug 2026 at S$3.85M (N.a.).

DatePropertyUsePricePSF
Aug 2026N.a.Shop HouseS$3.85M$3,606
Jul 2026The MezzoOfficeS$1.60M$1,652
Jul 2026One Dusun ResidencesOfficeS$310k$3,600
Jul 2026Balestier PointOfficeS$1.25M$2,323
Jul 2026N.a.Shop HouseS$3.98M$2,571
Jun 2026N.a.Shop HouseS$8.50M$3,841
Jun 2026Pek Chuan BuildingOfficeS$715k$1,107
Jun 2026OkioRetailS$4.88M$2,070

The latest recorded URA/JTC deals in District 12. Strata and land deals mix in one list — their PSF is not comparable.

5

What do retail rents run in District 12?

Key Takeaway

URA's contracted-rent percentiles for District 12 (2026Q2) — the benchmark an asking rent in District 12 should be weighed against.

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

$ psm/month, URA REALIS rental contracts. District 12 is where most of this area's recent deals sit — a district benchmark, not a rent for any particular unit. Retail only; office rents are dimensioned by URA location, not district.

6

What is commercial land in District 12 zoned as?

Key Takeaway

Most tracked buildings in District 12 sit on COMMERCIAL & RESIDENTIAL land, followed by RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY (URA Master Plan).

COMMERCIAL & RESIDENTIAL · 31RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY · 19RESIDENTIAL · 3COMMERCIAL · 2BUSINESS 1 - WHITE · 1WHITE · 1HOTEL · 1
7

Frequently asked questions

Which commercial buildings are in District 12?

PropKaki tracks 439 commercial buildings in District 12, across Kallang, Novena, Toa Payoh, including One Dusun Residences, Balestier Point, The Mezzo, Ct Hub 2, Royal Square At Novena.

What do commercial properties in District 12 sell for?

Across 119 recorded transactions in the last 5 years, the median price in District 12 is about S$1.47M (S$2,230 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.

What is commercial land in District 12 zoned as?

Of the tracked buildings in District 12, 31 sit on COMMERCIAL & RESIDENTIAL land, 19 sit on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land, 3 sit on RESIDENTIAL land, 2 sit on COMMERCIAL land under the URA Master Plan.

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