IndustrialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 8 · Kallang

18,18a,18b,18c Penhas Road

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2021

Quick Summary

18,18a,18b,18c Penhas Road is a industrial building in District 8 · Kallang, 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. 1 transaction is on record since 1995, most recently in Jul 2021. ACRA records 13 live company registrations at this address.

The facts are here — now get the verdict on 18,18a,18b,18c Penhas Road.

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What are the key facts about 18,18a,18b,18c Penhas Road?

Key takeaway18,18a,18b,18c Penhas Road is a industrial building in District 8 · Kallang, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.

Asset class: Industrial
Land-use zone: RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio: 3.0
Tenure: Freehold
District / Area: District 8 · Kallang
Address: 18,18a,18b,18c Penhas Road
Land area: —
Completed: Not on record
Storeys: Not on record
Transactions on record: 1 (records start 1995)
Live listings: None
ACRA registrations: 13

About 18,18a,18b,18c Penhas Road

18,18A,18B,18C Penhas Road is an industrial property in Kallang (District 08). It is located along Penhas Road, Singapore 208182.

Under the URA Master Plan the site is zoned Residential With Commercial At 1St Storey with a gross plot ratio of 3.

The site is freehold.

1 transaction has been recorded here, at a median of S$1,921 psf. The most recent was in July 2021.

The nearest port or airport land is about 4.2 km away. The closest business-park zone is about 4.2 km away. The nearest MRT is Lavender MRT, 255 m away (about a 4-minute walk). The closest bus stop (Aft Kallang Rd) is 94 m away (about a 2-minute walk).

13 businesses are currently registered at this address with ACRA.

What is 18,18a,18b,18c Penhas Road zoned as?

Key takeaway18,18a,18b,18c Penhas Road 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 18,18a,18b,18c Penhas Road sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jul 2021 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jul 2021	Multiple-user Factory	S$8.60M	4,478 sqft	$1,921

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

Market context around 18,18a,18b,18c Penhas Road

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Factory (ground floor): Rent S$1.81 psf/mth
Factory (upper floor): Rent S$1.41 psf/mth
Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
Warehouse (ground floor): Rent S$1.91 psf/mth
Warehouse (upper floor): Rent S$1.39 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026 (island-wide)

Factory - Ground Floor: Rent S$1.79 psf/mth
Factory - Upper Floor: Rent S$1.57 psf/mth
High-Tech: Rent S$3.56 psf/mth
Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
Warehouse - Ground Floor: Rent S$1.81 psf/mth
Warehouse - Upper Floor: Rent S$1.49 psf/mth

Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp 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.

What's been approved at 18,18a,18b,18c Penhas Road?

Key takeawayURA's planning decisions at 18,18a,18b,18c Penhas Road since 2000 are below. 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.

4 Jan 2023Approved
Additions & alterations
Proposed amendment to approved additions & alterations of existing 4-storey with mezzanine building (with proposed change of use from residential to serviced apartments at 3rd & 4th storey) on lot 01346a ts17 at 18 penhas road
31 May 2022Approved
Additions & alterations
Proposed additions & alterations of existing 4-storey with mezzanine building with proposed change of use from residential to serviced apartments at 3rd & 4th storey ts17 on lot 01346a at 18 penhas road (kallang planning area)

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 is near 18,18a,18b,18c Penhas Road?

Key takeawayThe nearest MRT/LRT is Lavender MRT, about 255 m away.

Getting around

Lavender MRT255 m · ~4 min

Amenities nearby

Aft Kallang Rd · 94 mBelief Family Clinic · 167 mLavender MRT Exit B · 228 mEducational Institution · 417 mNorth Bridge Road Market & Food Centre · 469 mFarrer Park Hospital · 1.0 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 18,18a,18b,18c Penhas Road

Key takeawayThe nearest station is Lavender (EW11), 228 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 34 public car parks are within 500 m; the cheapest URA season parking nearby is S$100 a month.

Foot traffic: busier than 98% of industrial buildings

nearest MRT/LRT Lavender (EW11) 228 m, about 39,000 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 7, about 21,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 30,000 residents within 1 km (June 2026). Ranked against 8,225 industrial 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), not a count of people.

Stations within 1 km

Lavender (EW11)228 m · about 39,000 weekday taps
Bendemeer (DT23)428 m · about 11,000 weekday taps
Farrer Park (NE8)772 m · about 57,000 weekday taps
Boon Keng (NE9)943 m · about 51,000 weekday taps
Jalan Besar (DT22)949 m · about 21,000 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 18,18a,18b,18c Penhas Road. Transfers between lines don't tap, so interchanges read low.

Bus

7 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Service Rd (Penhas Rd) (URA)16 m
S$0.60 per half-hour at midday on a weekday · 6 car lots
Penhas Rd (URA)36 m
S$0.60 per half-hour at midday on a weekday · 23 car lots
Penhas Rd - Lavender S T Off St (URA)37 m
S$0.60 per half-hour at midday on a weekday · 29 car lots
King George'S Ave - Ho Rne Rd Off St (URA)88 m
S$0.75 per half-hour at midday on a weekday · 61 car lots
Horne Rd (URA)113 m
S$0.60 per half-hour at midday on a weekday · 34 car lots

Public car parks only, by straight-line distance, with the operator's published rates. 18,18a,18b,18c Penhas Road's own car park, if it has one, and its charges are not in the open data.

Who's registered at 18,18a,18b,18c Penhas Road?

Key takeaway13 live companies (and LLPs and branches; sole proprietors are not counted) list 18,18a,18b,18c Penhas Road as their registered address. These are registered businesses, not who occupies the space.

Professional, scientific and technical services
4
Administrative and support services
3
Wholesale and retail trade
2
Education
1
Construction
1
Information and communications
1
Arts, entertainment and recreation
1
Other services
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. ACRA, as of 2026-09-16.

Frequently asked questions about 18,18a,18b,18c Penhas Road

Where is 18,18A,18B,18C Penhas Road?⌄

18,18A,18B,18C Penhas Road is at 18,18A,18B,18C Penhas Road, Singapore 208182, in the Kallang planning area.

What is 18,18A,18B,18C Penhas Road zoned as?⌄

18,18A,18B,18C Penhas Road is zoned Residential With Commercial At 1St Storey under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of 18,18A,18B,18C Penhas Road?⌄

18,18A,18B,18C Penhas Road is freehold.

What have units at 18,18A,18B,18C Penhas Road sold for?⌄

Across 1 recorded transaction, the median is S$1,921 psf. The latest was in July 2021.

What is the nearest MRT station to 18,18A,18B,18C Penhas Road?⌄

Lavender MRT is the closest, 255 m away (about a 4-minute walk).

How many businesses are registered at 18,18A,18B,18C Penhas Road?⌄

13 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

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.

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 URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model — 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.