CommercialHOTELConservation999-year leaseholdDistrict 7 · Downtown Core

Hotel Kai

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

Hotel Kai is a commercial building in District 7 · Downtown Core, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 4.2. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in Jan 2022. 2 units are currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Hotel Kai?

Key takeawayHotel Kai is a commercial building in District 7 · Downtown Core, zoned HOTEL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
4.2
Tenure
999-year leasehold
District / Area
District 7 · Downtown Core
Address
14 Purvis Street
Land area
187 sqm
Transactions on record
2 (records start 1995)
Live listings
2
ACRA registrations
0
2

About Hotel Kai

Hotel Kai is a commercial building in Downtown Core (District 07). It is located along Purvis Street, Singapore 188593.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 4.2. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines. It lies inside the Central Area.

The site is 999-year leasehold, with about 808 years remaining on the lease. It occupies roughly 187 sqm of land with about 787 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$7,914 psf. The most recent was in January 2022.

The nearest MRT is Esplanade MRT, 320 m away (about a 5-minute walk). The closest bus stop (Aft Beach Rd) is 64 m away (about a 1-minute walk).

3

What is Hotel Kai zoned as?

Key takeawayHotel Kai sits on land zoned HOTEL with a gross plot ratio of 4.2, with conservation status, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
4.2
Conservation area
Beach Road
Conserved building
Yes
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What has Hotel Kai sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jan 2022 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2022Shop HouseS$28.00M2,017 sqft$13,881
Jun 2009Shop HouseS$4.00M2,056 sqft$1,946

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

What do commercial rents run near Hotel Kai?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 7 retail

Gross yield (area)
5.0%
4.5% net of property tax
Rent side (median of bands)
$106.44 psm/mo
2026Q2
Price side (strata, 5y)
$2,353 psf
231 sales

An INDICATIVE AREA yield for District 7 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 7 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$65.63$77.77$101.79
B1 & Below · 30 & Below$58.19$114.29$345.38
Level 4 & Above · 30 & Below$85.23$111.50$131.58
Level 1 · 30 & Below$86.33$95.24$110.00
Level 4 & Above · >30 - 100$59.29$108.48$136.75
Level 1 · >30 - 100$93.54$118.89$225.20
Level 2 & 3 · >30 - 100$65.50$89.70$119.75
B1 & Below · >30 - 100$69.36$86.33$409.96

Office rents — Central Area ($ psm/month, 2026Q2)

Building class · size band25th pctMedian75th pct
Category 1 · 100 & Below$91.40$96.39$119.48
Category 2 · 100 & Below$57.98$71.59$86.82
Category 1 · >100 - 200$113.24$120.54$144.36
Category 2 · >100 - 200$59.40$77.88$96.88
Category 2 · >200 - 500$69.97$89.34$97.94
Category 1 · >200 - 500$112.64$129.70$148.82
Category 1 · >500 - 1000$119.97$136.70$147.13
Category 2 · >500 - 1000$55.42$82.91$92.66

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.

6

What is available at Hotel Kai right now?

Key takeaway2 units are currently listed at Hotel Kai. One row per unit; several agents often market the same unit.

For rent (2)

  • 14 Purvis StreetS$6k/mo · 600 sqft
  • Beach Road Conservation AreaS$9k/mo · 1,722 sqft

Browse every listing at this building →

7

What is near Hotel Kai?

Key takeawayThe nearest MRT/LRT is Esplanade MRT, about 321 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 0 mAft Beach Rd · 64 mShalom Medical Group · 212 mPlace Of Worship · 277 mEsplanade MRT Exit F · 302 mEducational Institution · 322 mWar Memorial Pk · 416 mRaffles Hospital · 567 m

Competing premises nearby

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

Bugis Junction · 288 mCold Storage Singapore (1983) Pte Ltd · 357 mAlbert Centre Market & Food Centre · 529 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Hotel Kai?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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 Hotel Kai

Where is Hotel Kai?

Hotel Kai is at 14 Purvis Street, Singapore 188593, in the Downtown Core planning area.

What is Hotel Kai zoned as?

Hotel Kai sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of Hotel Kai?

Hotel Kai is 999-year leasehold. About 808 years remain on the lease.

Is Hotel Kai a conserved property?

Yes. Hotel Kai falls within a URA conservation area, so external works are subject to conservation guidelines.

What have units at Hotel Kai sold for?

Across 2 recorded transactions, the median price is S$7,914 psf. The latest was in January 2022.

What is the nearest MRT station to Hotel Kai?

Esplanade MRT is the closest, 320 m away (about a 5-minute walk).

For agents · in the PropKaki app

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