CommercialCOMMERCIALLeaseholdDistrict 12 · Kallang

Pek Chuan Building

Reviewed by Nathan TangUpdated 10 August 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, most recently in Jun 2026. 3 units are currently listed for sale or rent. ACRA records 86 live company registrations at this address.

1

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
Transactions on record
22 (records start 1995)
Live listings
3
ACRA registrations
86
2

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).

3

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 →

4

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.
DateUsePriceAreaPSF
Jun 2026OfficeS$715k646 sqft$1,107
Apr 2026OfficeS$1.43M1,313 sqft$1,089
Apr 2026OfficeS$715k646 sqft$1,107
Dec 2025OfficeS$718k646 sqft$1,112
Oct 2022RetailS$1.48M1,313 sqft$1,127
Oct 2021OfficeS$1.33M1,313 sqft$1,013
Oct 2020OfficeS$1.35M1,313 sqft$1,028
Apr 2018OfficeS$1.25M1,313 sqft$952
Apr 2018OfficeS$1.25M1,324 sqft$944
Aug 2017OfficeS$1.10M1,313 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.

5

How does Lavender Street price?

Key takeawayAcross 28 strata sales on Lavender Street in the last 5 years, the median is $1,980 psf.
Strata sales on the street (5y)
28
Street median PSF (strata)
$1,980

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

6

What do commercial rents run near Pek Chuan Building?

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

Indicative area yield — District 12 retail

Gross yield (area)
4.0%
3.6% net of property tax
Rent side (median of bands)
$97.03 psm/mo
2026Q2
Price side (strata, 5y)
$2,689 psf
57 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, 2026Q2)

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

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.

7

What is available at Pek Chuan Building right now?

Key takeaway3 units are currently listed at Pek Chuan Building2 for sale and 1 for rent. One row per unit; several agents often market the same unit.

For sale (2)

  • Pek Chuan Building2 agentsS$1.53M · 1,313 sqft
  • Pek Chuan BuildingS$850k · 258 sqft

For rent (1)

  • Pek Chuan BuildingS$5k/mo · 224 sqft

Browse every listing at this building →

8

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

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.

9

How many companies are registered at Pek Chuan Building?

Key takeawayACRA records 86 live company registrations at this address, 14 of them in the last three years.
Live registrations
86
Registered last 3 years
14
Most common type
Local Company

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.

10

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.

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