CommercialRESIDENTIALDistrict 12 · Novena

Fu Tsu Building

Reviewed by Nathan TangUpdated 10 November 2026

Quick Summary

Fu Tsu Building is a commercial building in District 12 · Novena, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. 4 units are currently listed for rent. ACRA records 200 live company registrations at this address.

The facts are here — now get the verdict on Fu Tsu Building.

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What are the key facts about Fu Tsu Building?

Key takeawayFu Tsu Building is a commercial building in District 12 · Novena, zoned RESIDENTIAL.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 2.8
Tenure: Not on record
District / Area: District 12 · Novena
Address: 19 Kim Keat Road
Land area: 1,720 sqm
Completed: Not on record
Storeys: Not on record
Submarket: City Fringe
Transactions on record: None recorded
Live listings: 4
ACRA registrations: 200

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Fu Tsu Building

Fu Tsu Building is a mixed-use building in Novena (District 12). It is located along Kim Keat Road, Singapore 328804.

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

It occupies roughly 1,720 sqm of land with about 4,299 sqm of gross floor area.

212 businesses are currently registered at this address with ACRA.

The closest bus stop (Bef Kim Keat Lane) is 57 m away (about a 1-minute walk). Square 2 is 1.1 km away (about a 16-minute walk).

What is Fu Tsu Building zoned as?

Key takeawayFu Tsu Building 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 does space at Fu Tsu Building rent for?

Key takeawayNo street- or building-level rent is published here. Across District 12 retail, retail space rented at a median of $6.71 psf a month in 2026Q3, with the middle half of leases between $5.52 and $8.97. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 12 retail

Region band · 2026Q3

25th pct

$5.52

$59.42 psm

Median

$6.71

$72.22 psm

75th pct

$8.97

$96.57 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 12 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 Fu Tsu Building

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 Fu Tsu Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 4 units 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 do commercial rents run near Fu Tsu Building?

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

Indicative area yield — District 12 retail

Gross yield (area)

2.9%

2.6% net of property tax

Rent side (median of bands)

$72.22 psm/mo

2026Q3

Price side (strata, 5y)

$2,767 psf

54 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, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 1 · 30 & Below	$52.08	$72.22	$91.29
Level 2 & 3 · 30 & Below	$101.58	$129.23	$143.22
Level 2 & 3 · >30 - 100	$59.42	$63.94	$96.57
Level 1 · >30 - 100	$74.07	$96.87	$116.31
Level 1 · >100 - 300	$48.14	$55.10	$60.66

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 Fu Tsu Building right now?

Key takeaway4 units are currently listed at Fu Tsu Building. One row per unit; several agents often market the same unit.

For rent (4)

Fu Tsu BuildingS$5k/mo · 1,800 sqft
Fu Tsu BuildingS$1k/mo · 220 sqft
Fu Tsu BuildingS$1k/mo · 300 sqft
Fu Tsu BuildingS$3k/mo · 710 sqft

Browse every listing at this building →

What is near Fu Tsu Building?

Amenities nearby

Bef Kim Keat Lane · 57 mPlace Of Worship · 69 mHotel · 146 mBlks 91/92 Whampoa Drive # · 203 mNTUC Fairprice Co-operative Ltd · 207 mmydoctor@Balestier · 207 mWhampoa Community Club · 491 mEducational Institution · 508 mTan Tock Seng Hospital · 779 mSquare 2 · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Fu Tsu Building

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Novena, 1.0 km away. 27 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 19% of retail buildings

no MRT/LRT within 1 km (nearest Novena, 1.0 km); bus stops within 400 m: 9, about 18,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 61,000 residents within 1 km (June 2026); 0 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.

Bus

9 bus stops within 400 m, with about 18,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Kim Keat Close (URA)122 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 22 car lots
Lor Ampas (URA)159 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Blk 76/77 Lorong Limau (HDB)202 m
S$0.60 per half-hour at midday on a weekday · gantry 3 m · 127 car lots
Blk 92 Whampoa Drive (HDB)206 m
S$0.60 per half-hour at midday on a weekday · 131 car lots
Martaban Rd (URA)221 m
S$0.60 per half-hour at midday on a weekday · 16 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

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

Who's registered at Fu Tsu Building?

Key takeaway200 live companies (and LLPs and branches; sole proprietors are not counted) list Fu Tsu Building as their registered address. These are registered businesses, not who occupies the space.

Wholesale and retail trade
63
Professional, scientific and technical services
37
Information and communications
35
Construction
13
Manufacturing
10
Accommodation and food services
10
Transportation and storage
9
Financial and insurance
7
Electricity, gas and air-conditioning supply
4
Administrative and support services
3

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 Fu Tsu Building

Where is Fu Tsu Building?⌄

Fu Tsu Building is at 19 Kim Keat Road, Singapore 328804, in the Novena planning area.

What is Fu Tsu Building zoned as?⌄

Fu Tsu Building sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at Fu Tsu Building?⌄

No caveats have been lodged for Fu Tsu Building in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

How many businesses are registered at Fu Tsu Building?⌄

212 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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Read the figures right

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.

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.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

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), PropKaki's foot-traffic model — see our methodology. Last updated 10 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.