CommercialCOMMERCIALLeaseholdDistrict 12 · Kallang

Pek Chuan Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Jun 2026

Quick Summary

Pek Chuan Building is a commercial building in District 12 · Kallang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 2.5. It is leasehold with roughly 51 years remaining. 22 transactions are on record since 1995, at a median S$884 psf, most recently in Jun 2026. 4 units are currently listed for sale or rent. ACRA records 72 live company registrations at this address.

The facts are here — now get the verdict on Pek Chuan Building.

Ask PropKaki

What are the key facts about Pek Chuan Building?

Key takeawayPek Chuan Building is a commercial building in District 12 · Kallang, zoned COMMERCIAL, held leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL
Gross plot ratio: 2.5
Tenure: Leasehold
District / Area: District 12 · Kallang
Address: 116 Lavender Street
Land area: 2,666 sqm
Completed: Not on record
Storeys: 4 (© OpenStreetMap contributors)
Strata units (MCST): 42
Managing agent: BOX MANAGEMENT PTE LTD
Strata formed: 1984 (MCST 0814)
Submarket: City Fringe
Units with a recorded sale: At least 14
Listed as: Office, Food & Beverage, Light Industrial (B1)
Transactions on record: 22 (records start 1995)
Live listings: 4
ACRA registrations: 72

About Pek Chuan Building

Pek Chuan Building is a commercial building in Kallang (District 12). It is located along Lavender Street, Singapore 338730.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 2.5.

The site is leasehold, with about 51 years remaining on the lease. It occupies roughly 2,666 sqm of land with about 6,666 sqm of gross floor area.

22 transactions have been recorded here, at a median of S$884 psf. The most recent was in June 2026.

86 businesses are currently registered at this address with ACRA.

The nearest MRT is Bendemeer MRT, 211 m away (about a 3-minute walk). The closest bus stop (Aft Kallang Bahru) is 52 m away (about a 1-minute walk).

What is Pek Chuan Building zoned as?

Key takeawayPek Chuan Building sits on land zoned COMMERCIAL with a gross plot ratio of 2.5.

Land-use zone: COMMERCIAL
Gross plot ratio: 2.5

Run the full zoning report for this building →

What has Pek Chuan Building sold for?

Key takeawayAcross 22 recorded transactions since 1995, the median price is about S$1.04M, most recently in Jun 2026.

Date	Use	Price	Area	PSF
Jun 2026	Office	S$715k	646 sqft	$1,107
Apr 2026	Office	S$1.43M	1,313 sqft	$1,089
Apr 2026	Office	S$715k	646 sqft	$1,107
Dec 2025	Office	S$718k	646 sqft	$1,112
Oct 2022	Retail	S$1.48M	1,313 sqft	$1,127
Oct 2021	Office	S$1.33M	1,313 sqft	$1,013
Oct 2020	Office	S$1.35M	1,313 sqft	$1,028
Apr 2018	Office	S$1.25M	1,313 sqft	$952
Apr 2018	Office	S$1.25M	1,324 sqft	$944
Aug 2017	Office	S$1.10M	1,313 sqft	$838

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 Pek Chuan Building rent for?

Key takeawayNo rent is published for Pek Chuan Building itself. On its street, Lavender Street, office space rented at a median of $4.03 psf a month in 2026Q3, with the middle half of leases between $3.61 and $4.67. That is not this building's own rent, and never a quote for a particular unit.

Office space on Lavender Street

Street level · 2026Q3

25th pct

$3.61

$38.83 psm

Median

$4.03

$43.41 psm

75th pct

$4.67

$50.25 psm

S$ per sq ft per month · median -19.4% on a year earlier

2022Q4 · $34.51 psm2026Q3 · $43.41 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on Lavender Street

Street level · 2026Q3

25th pct

$8.05

$86.67 psm

Median

$10.81

$116.38 psm

75th pct

$14.19

$152.78 psm

S$ per sq ft per month · median -20.7% on a year earlier

2022Q4 · $131.46 psm2026Q3 · $116.38 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

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 Pek Chuan Building

Key takeawayCollective sale: A collective sale tender launched 15 Sep 2026 at a guide price of S$77 million closed 7 Oct 2026; no outcome was reported. EdgeProp Singapore A collective sale needs the owners' consent and may still fail.Brokers' 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).

Earlier: A collective sale tender launched Mar 2026 at a guide price of S$80 million was relaunched later; no sale was reported. Tracy Goh (PropNex) en bloc tracker
Earlier: A collective sale attempt launched Oct 2025 at a guide price of S$80 million did not go through. EdgeProp Singapore

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 Pek Chuan Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent; 3 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, 1 new listing 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 Pek Chuan Building?

Key takeawayURA has approved 15 changes of use at Pek Chuan Building 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.

3 Aug 2026Agency worksFloor 1
Change of use to gym / fitness centre
Lodgment for proposed use of unit #01-XX as gym / fitness centre
1 Aug 2024ApprovedFloor 1
Change of use to shop
Proposed change of use of unit #01-XX to shop
14 Sept 2021ApprovedFloor 3
Change of use to shop cum fitness centre
Proposed change of use of office unit #03-XX to shop cum fitness centre at pek chuan building
19 Feb 2021ApprovedFloor 3
Change of use to commercial school
Proposed change of use of unit #03-XX to commercial school at pek chuan building
22 Dec 2020ApprovedFloor 3
Change of use to commercial school
Proposed change of use of unit #03-XX to commercial school - pek chuan building
28 Feb 2020ApprovedFloor 3
Change of use to commercial school
Proposed change of use of unit #03-XX to commercial school - pek chuan building
9 Jul 2019ApprovedFloor 2
Change of use to commercial school
Proposed change of use of unit #02-XX to commercial school - pek chuan building
20 Sept 2018ApprovedFloor 2
Change of use to commercial school
Proposed change of use of unit #02-XX to commercial school - pek chuan building
2 Apr 2018ApprovedFloor 3
Change of use to commercial school
Proposed change of use of unit #03-XX to commercial school - pek chuan building
2 Apr 2018ApprovedFloor 3
Change of use to commercial school
Proposed change of use of unit #03-XX to commercial school - pek chuan building
23 Aug 2017RenewedFloor 3
Continued use as association
Continued use of unit #03-XX as association
12 Aug 2015ApprovedFloor 3
Change of use to association
Proposed change of use of unit #03-XX to association

4 earlier change-of-use and A&A decisions are on record since 2000.

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).

How does Lavender Street price?

Key takeawayAcross 23 strata sales on Lavender Street in the last 5 years, the median is $1,934 psf.

Strata sales on the street (5y)

Street median PSF (strata)

$1,934

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

What do commercial rents run near Pek Chuan 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 Pek Chuan Building right now?

Key takeaway4 units are currently listed at Pek Chuan Building — 3 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (3)

Pek Chuan BuildingS$850k · 258 sqft
Pek Chuan BuildingS$980k · 344 sqft
Pek Chuan Building3 agentsS$1.53M · 1,313 sqft

For rent (1)

Pek Chuan BuildingS$5k/mo · 224 sqft

Browse every listing at this building →

What is near Pek Chuan Building?

Key takeawayThe nearest MRT/LRT is Bendemeer MRT, about 211 m away — and 3 competing retail premisess operate nearby.

Getting around

Bendemeer MRT211 m · ~3 min

Amenities nearby

Aft Kallang Bahru · 52 mHotel · 81 mBendemeer MRT Exit B · 202 mPlace Of Worship · 204 mThe Clinic @ Aperia · 259 mJalan Besar Community Club · 435 mSomme Rd Pg · 471 mEducational Institution · 650 mKallang Polyclinic · 679 mFarrer Park Hospital · 953 m

Competing premises nearby

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

Aperia Mall · 206 mCold Storage Singapore (1983) Pte Ltd · 324 mNorth Bridge Road Market & Food Centre · 714 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Pek Chuan Building

Key takeawayThe nearest station is Bendemeer (DT23), 202 m away — a quiet station, with about 11,000 taps in and out on an average weekday. 33 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.

Foot traffic: busier than 56% of retail buildings

nearest MRT/LRT Bendemeer (DT23) 202 m, about 11,000 taps a weekday; 3 more stations within 1 km; bus stops within 400 m: 10, about 22,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 37,000 residents within 1 km (June 2026); 2 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.

Stations within 1 km

Bendemeer (DT23)202 m · about 11,000 weekday taps
Lavender (EW11)474 m · about 39,000 weekday taps
Boon Keng (NE9)697 m · about 51,000 weekday taps
Farrer Park (NE8)698 m · about 57,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Pek Chuan Building. Transfers between lines don't tap, so interchanges read low.

Bus

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

Public car parks within 500 m

Hamilton Rd Off St (URA)72 m
S$0.60 per half-hour at midday on a weekday · 22 car lots
Service Rd (Hamilton R D - Cavan Rd) (URA)85 m
S$0.60 per half-hour at midday on a weekday · 11 car lots
Cavan Rd (URA)134 m
S$0.60 per half-hour at midday on a weekday · 7 car lots
Service Rd (King Georg E'S Ave) (URA)141 m
S$0.60 per half-hour at midday on a weekday · 17 car lots
Hamilton Rd (URA)155 m
S$0.60 per half-hour at midday on a weekday · 53 car lots

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

Who's registered at Pek Chuan Building?

Key takeaway72 live companies (and LLPs and branches; sole proprietors are not counted) list Pek Chuan Building as their registered address. These are registered businesses, not who occupies the space.

Construction
15
Professional, scientific and technical services
14
Wholesale and retail trade
10
Administrative and support services
9
Transportation and storage
8
Information and communications
4
Accommodation and food services
3
Manufacturing
2
Financial and insurance
2
Other services
1

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. Most registrations here are dead: this is a registered-office address (corporate secretaries), so the count says nothing about how busy the building is. ACRA, as of 2026-09-16.

Frequently asked questions about Pek Chuan Building

Where is Pek Chuan Building?⌄

Pek Chuan Building is at 116 Lavender Street, Singapore 338730, in the Kallang planning area.

What is Pek Chuan Building zoned as?⌄

Pek Chuan Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 2.5.

What is the tenure of Pek Chuan Building?⌄

Pek Chuan Building is leasehold. About 51 years remain on the lease.

What have units at Pek Chuan Building sold for?⌄

Across 22 recorded transactions, the median price is S$884 psf. The latest was in June 2026.

What is the nearest MRT station to Pek Chuan Building?⌄

Bendemeer MRT is the closest, 211 m away (about a 3-minute walk).

How many businesses are registered at Pek Chuan Building?⌄

86 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.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

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.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

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, URA car park data (URA Data Service), LTA DataMall passenger volumes, 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.