CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 12 · Novena

Kim Keat House

Reviewed by Nathan TangUpdated 8 November 2026Data through Sept 2006

Quick Summary

Kim Keat House is a commercial building in District 12 · Novena, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 4 transactions are on record since 1995, most recently in Sept 2006. 5 units are currently listed for sale or rent. ACRA records 6 live company registrations at this address.

The facts are here — now get the verdict on Kim Keat House.

Ask PropKaki

What are the key facts about Kim Keat House?

Key takeawayKim Keat House is a commercial building in District 12 · Novena, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 3.0
Tenure: Freehold
District / Area: District 12 · Novena
Address: 60 Kim Keat Road
Land area: 1,343 sqm
Completed: Not on record
Storeys: 4 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 30
Managing agent: GKS STEVENSON MANAGEMENT AND CONSULTANCY
Strata formed: 2002 (MCST 2636)
Submarket: City Fringe
Units with a recorded sale: At least 3
Transactions on record: 4 (records start 1995)
Live listings: 5
ACRA registrations: 6

About Kim Keat House

Kim Keat House is a mixed-use building in Novena (District 12). It is located along Kim Keat Road, Singapore 328827.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 3.

The site is freehold. It occupies roughly 1,343 sqm of land with about 4,028 sqm of gross floor area.

4 transactions have been recorded here, at a median of S$478 psf. The most recent was in September 2006.

8 businesses are currently registered at this address with ACRA.

The closest bus stop (Bef Kim Keat Lane) is 123 m away (about a 2-minute walk).

What is Kim Keat House zoned as?

Key takeawayKim Keat House sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 3.0.

Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 3.0

Run the full zoning report for this building →

What has Kim Keat House sold for?

Key takeaway4 transactions are on record since 1995, most recently in Sept 2006 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Sept 2006	Retail	S$1.15M	2,476 sqft	$465
Dec 2001	Retail	S$1.53M	3,132 sqft	$490
Feb 2001	Retail	S$1.15M	2,476 sqft	$465
Feb 2000	Retail	S$1.21M	2,121 sqft	$570

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 Kim Keat House 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 Kim Keat House

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 Kim Keat House

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 3 units for rent; 2 units for sale.

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.

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 Kim Keat House?

Key takeawayURA has approved 5 changes of use at Kim Keat House since 2000, most recently in 2026. 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.

23 Jul 2026ApprovedFloor 1
Change of use to gym / fitness centre
Proposed change of use of unit #01-XX to gym / fitness centre
8 Oct 2019Agency worksFloor 1
Change of use to sports & recreation building
Lodgment for proposed use of unit #01-XX as sports & recreation building
14 Jan 2019RenewedFloor 1
Continued use as children's centre
Continued use of shop unit #01-XX as children's centre (daycare centre for sick children)
5 Jan 2017RenewedFloor 1
Continued use as children's centre
Continued use of shop unit #01-XX as children's centre (daycare centre for sick children)
23 Dec 2014RenewedFloor 1
Continued use as children's centre
Continued use of shop unit #01-XX as children's centre (daycare centre for sick children) on lot 07998k mk17 at 60 kim keat road (novena planning area)
8 Nov 2012RenewedFloor 1
Continued use as children�s centre
Continued use of shop unit #01-XX as children�s centre (daycare centre for sick children)
17 Jan 2011ApprovedFloor 1
Change of use to children’s centre
Change of use of shop unit #01-XX to children’s centre (daycare centre for sick children)
29 Jan 2002ApprovedFloor 1
Change of use: shop → new and used car showroom
Proposed change of use of unit #01-XX on 1st sty from shop to new and used car showroom
20 Mar 2001ApprovedFloor 1
Change of use to new car showroom
Change of use of the 1st storey shop (unit #01-XX) to new car showroom

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 Kim Keat House?

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 Kim Keat House right now?

Key takeaway5 units are currently listed at Kim Keat House — 2 for sale and 3 for rent. One row per unit; several agents often market the same unit.

For sale (2)

Kim Keat HouseS$14.00M · 3,131 sqft
Kim Keat HouseS$13.00M · 3,131 sqft

For rent (3)

Kim Keat House2 agentsS$13k/mo · 2,476 sqft
Kim Keat House4 agentsS$12k/mo · 2,500 sqft
Kim Keat House2 agentsS$15k/mo · 2,476 sqft

Browse every listing at this building →

What is near Kim Keat House?

Amenities nearby

Place Of Worship · 92 mBef Kim Keat Lane · 123 mPlushealth Medical Clinic & Surgery · 193 mHotel · 270 mWhampoa Community Club · 359 mEducational Institution · 482 mTan Tock Seng Hospital · 927 m

Competing premises nearby

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

Blks 91/92 Whampoa Drive # · 217 mNTUC Fairprice Co-operative Ltd · 255 mSquare 2 · 1.2 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Kim Keat House

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Boon Keng, 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 25% of retail buildings

no MRT/LRT within 1 km (nearest Boon Keng, 1.0 km); bus stops within 400 m: 11, about 22,000 taps a weekday; Novena: 42,829 resident workers (Census 2020, by workplace); about 65,000 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

11 bus stops within 400 m, with about 22,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 76/77 Lorong Limau (HDB)65 m
S$0.60 per half-hour at midday on a weekday · gantry 3 m · 127 car lots
Lor Ampas (URA)144 m
S$0.60 per half-hour at midday on a weekday · 5 car lots
Blk 78A Lorong Limau (HDB)190 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 355 car lots
Kim Keat Close (URA)200 m
S$0.60 per half-hour at midday on a weekday · season S$90/month · 22 car lots
Blk 111A Saint Michael Bus Terminal (HDB)217 m
S$0.60 per half-hour at midday on a weekday

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. Kim Keat House's own car park, if it has one, and its charges are not in the open data.

Who's registered at Kim Keat House?

Key takeaway6 live companies (and LLPs and branches; sole proprietors are not counted) list Kim Keat House as their registered address. These are registered businesses, not who occupies the space.

Construction
2
Wholesale and retail trade
1
Transportation and storage
1
Information and communications
1
Arts, entertainment and recreation
1
Administrative and support services
0
Manufacturing
0
Accommodation and food services
0
Financial and insurance
0
Education
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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

Frequently asked questions about Kim Keat House

Where is Kim Keat House?⌄

Kim Keat House is at 60 Kim Keat Road, Singapore 328827, in the Novena planning area.

What is Kim Keat House zoned as?⌄

Kim Keat House sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Kim Keat House?⌄

Kim Keat House is freehold.

What have units at Kim Keat House sold for?⌄

Across 4 recorded transactions, the median price is S$478 psf. The latest was in September 2006.

How many businesses are registered at Kim Keat House?⌄

8 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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This development is also registered as the residential project Kim Keat House.

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.

Managing agent: as BCA's MCST register names it; it can change between register updates.

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.

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.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

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, HDB car park information (data.gov.sg), URA car park data (URA Data Service), PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — 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.