CommercialCOMMERCIALFreeholdDistrict 8 · Kallang

Spa Building

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2007
Quick Summary

Spa Building is a commercial building in District 8 · Kallang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. It is freehold. 13 transactions are on record since 1995, most recently in May 2007. ACRA records 14 live company registrations at this address.

1

What are the key facts about Spa Building?

Key takeawaySpa Building is a commercial building in District 8 · Kallang, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
Freehold
District / Area
District 8 · Kallang
Address
5 Verdun Road
Land area
894 sqm
Transactions on record
13 (records start 1995)
Live listings
None
ACRA registrations
14
2

About Spa Building

Spa Building is a mixed-use building in Kallang (District 08). It is located along Verdun Road, Singapore 207274.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2.

The site is freehold. It occupies roughly 894 sqm of land with about 3,756 sqm of gross floor area.

13 transactions have been recorded here, at a median of S$801 psf. The most recent was in May 2007.

14 businesses are currently registered at this address with ACRA.

The nearest MRT is Farrer Park MRT, 340 m away (about a 5-minute walk). The closest bus stop (Bef Tai Hoe Hotel) is 169 m away (about a 3-minute walk).

3

What is Spa Building zoned as?

Key takeawaySpa Building sits on land zoned COMMERCIAL with a gross plot ratio of 4.2.
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
BCA-verified envelope: allowable GFA 3,755 sqm · built 4,259 sqm · headroom -504 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Spa Building sold for?

Key takeawayAcross 13 recorded transactions since 1995, the median price is about S$870k, most recently in May 2007.
DateUsePriceAreaPSF
May 2007RetailS$1.10M1,055 sqft$1,047
Mar 2007OfficeS$1.09M1,087 sqft$1,000
Feb 2006RetailS$480k1,055 sqft$455
Dec 2005RetailS$655k818 sqft$801
Dec 2005OfficeS$888k893 sqft$994
Oct 2005OfficeS$450k893 sqft$504
Oct 2005OfficeS$220k431 sqft$511
Feb 2000RetailS$1.24M1,970 sqft$628
Jun 1999RetailS$1.13M980 sqft$1,149
Jan 1996OfficeS$785k893 sqft$879

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 Spa 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 8 retail

Gross yield (area)
3.0%
2.7% net of property tax
Rent side (median of bands)
$73.77 psm/mo
2026Q2
Price side (strata, 5y)
$2,744 psf
57 sales

An INDICATIVE AREA yield for District 8 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 8 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$92.22$107.29$134.61
Level 2 & 3 · 30 & Below$60.38$67.06$71.17
Level 1 · >30 - 100$65.65$79.01$105.39
Level 2 & 3 · >30 - 100$53.41$58.43$108.12
B1 & Below · >30 - 100$185.86$205.31$205.79
Level 1 · >100 - 300$43.81$68.53$71.93
Level 4 & Above · >100 - 300$86.62$94.73$108.30
B1 & Below · >300$50.00$59.34$62.68

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 near Spa Building?

Key takeawayThe nearest MRT/LRT is Farrer Park MRT, about 340 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Hotel · 20 mT & T Family Health Clinic & Surgery · 69 mBef Tai Hoe Hotel · 169 mPlace Of Worship · 184 mFarrer Park MRT Exit I · 193 mCity Green · 202 mFarrer Park Hospital · 380 mEducational Institution · 554 mPek Kio Community Centre · 605 mKallang Polyclinic · 815 m

Competing premises nearby

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

Mustafa Holdings Pte Ltd · 38 mCity Square Mall · 174 mBerseh Food Centre · 319 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Spa Building?

Key takeawayACRA records 14 live company registrations at this address, 5 of them in the last three years.
Live registrations
14
Registered last 3 years
5
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.

8

What is Spa Building's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
133 kWh/m²·yr
9

Frequently asked questions about Spa Building

Where is Spa Building?

Spa Building is at 5 Verdun Road, Singapore 207274, in the Kallang planning area.

What is Spa Building zoned as?

Spa Building sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

What is the tenure of Spa Building?

Spa Building is freehold.

What have units at Spa Building sold for?

Across 13 recorded transactions, the median price is S$801 psf. The latest was in May 2007.

What is the nearest MRT station to Spa Building?

Farrer Park MRT is the closest, 340 m away (about a 5-minute walk).

How many businesses are registered at Spa Building?

14 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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This development is also registered as the residential project Spa Building.

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