IndustrialBUSINESS 1 - WHITELeaseholdDistrict 12 · Kallang

Ct Hub 2

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

Ct Hub 2 is a industrial building in District 12 · Kallang, on land zoned BUSINESS 1 - WHITE under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 49 years remaining. 426 transactions are on record since 1995, most recently in May 2026. 80 units are currently listed for sale or rent. ACRA records 1,414 live company registrations at this address.

1

What are the key facts about Ct Hub 2?

Key takeawayCt Hub 2 is a industrial building in District 12 · Kallang, zoned BUSINESS 1 - WHITE, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.0
Tenure
Leasehold
District / Area
District 12 · Kallang
Address
114 Lavender Street
Land area
13,203 sqm
Transactions on record
426 (records start 1995)
Live listings
80
ACRA registrations
1,414
2

About Ct Hub 2

Ct Hub 2 is an industrial building in Kallang (District 12). It is located along Lavender Street, Singapore 338729.

Under the URA Master Plan the site is zoned Business 1 - White with a gross plot ratio of 3.

The site is leasehold, with about 49 years left to run. It sits on about 13,203 sqm of land with roughly 42,822 sqm of gross floor area.

426 transactions have been recorded here, at a median of S$880 psf. The most recent was in May 2026.

Across JTC's rental returns for Lavender Street, the median rent for industrial space on this street works out to about S$3.11 psf per month over 44 observations. Observed medians on the street span S$2.38 to S$4.50 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

The nearest port or airport land is about 4.4 km away. The closest business-park zone is about 4.0 km away. The nearest MRT is Bendemeer MRT, 249 m away (about a 4-minute walk). The closest bus stop (Aft Kallang Bahru) is 114 m away (about a 2-minute walk).

1,414 businesses are currently registered at this address with ACRA.

3

What is Ct Hub 2 zoned as?

Key takeawayCt Hub 2 sits on land zoned BUSINESS 1 - WHITE with a gross plot ratio of 3.0.
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.0

Run the full zoning report for this building →

4

What has Ct Hub 2 sold for?

Key takeawayAcross 426 recorded transactions since 1995, the median price is about S$939k, most recently in May 2026.
DateUsePriceAreaPSF
May 2026Multiple-user FactoryS$1.30M969 sqft$1,342
Apr 2026Multiple-user FactoryS$1.85M1,894 sqft$977
Mar 2026Multiple-user FactoryS$1.24M969 sqft$1,280
Mar 2026Multiple-user FactoryS$1.40M1,130 sqft$1,239
Mar 2026Multiple-user FactoryS$1.18M969 sqft$1,218
Mar 2026Multiple-user FactoryS$1.30M1,098 sqft$1,184
Mar 2026Multiple-user FactoryS$1.25M969 sqft$1,285
Mar 2026Multiple-user FactoryS$1.22M969 sqft$1,259
Feb 2026Multiple-user FactoryS$1.20M969 sqft$1,239
Feb 2026Multiple-user FactoryS$2.82M1,927 sqft$1,464

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 takeawayLavender Street's current JTC street rent is S$48.40 psm/month (2026Q2), which against the street's strata sale median works out to an indicative gross yield of 4.6% (4.1% net of property tax).
Strata sales on the street (5y)
83
Street median PSF (strata)
$1,135
Indicative street yield
4.6% gross
4.1% net of property tax

An INDICATIVE street-level yield, not a yield for any particular unit: the current-quarter JTC street rent divided by the street's strata sale PSF median.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

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

6

What is available at Ct Hub 2 right now?

Key takeaway80 units are currently listed at Ct Hub 246 for sale and 34 for rent. One row per unit; several agents often market the same unit.

For sale (46)

  • CT Hub 22 agentsS$900k · 237 sqft
  • CT Hub 25 agentsS$1.50M · 969 sqft
  • CT Hub 22 agentsS$1.23M · 969 sqft
  • CT Hub 22 agentsS$2.21M · 1,894 sqft

For rent (34)

  • CT Hub 2S$5k/mo · 1,109 sqft
  • CT Hub 22 agentsS$4k/mo · 1,066 sqft
  • CT Hub 2S$4k/mo · 324 sqft
  • CT Hub 2S$19k/mo · 2,896 sqft

Browse every listing at this building →

7

What is near Ct Hub 2?

Key takeawayThe nearest MRT/LRT is Bendemeer MRT, about 249 m away.

Getting around

Amenities nearby

Aft Kallang Bahru · 114 mHotel · 128 mThe Clinic @ Aperia · 150 mBendemeer MRT Exit B · 224 mPlace Of Worship · 315 mJalan Besar Community Club · 426 mEducational Institution · 632 mKallang Polyclinic · 784 mFarrer Park Hospital · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Ct Hub 2?

Key takeawayACRA records 1,414 live company registrations at this address, 553 of them in the last three years.
Live registrations
1,414
Registered last 3 years
553

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.

9

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$33.44 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$33.44 psm/mo
Observed range
S$25.66 – S$48.40

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

10

Frequently asked questions about Ct Hub 2

Where is Ct Hub 2?

Ct Hub 2 is at 114 Lavender Street, Singapore 338729, in the Kallang planning area.

What is Ct Hub 2 zoned as?

Ct Hub 2 is zoned Business 1 - White under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Ct Hub 2?

Ct Hub 2 is leasehold. About 49 years remain on the lease.

What have units at Ct Hub 2 sold for?

Across 426 recorded transactions, the median is S$880 psf. The latest was in May 2026.

What does industrial space near Ct Hub 2 rent for?

JTC's rental returns for Lavender Street put the median at about S$3.11 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Lavender Street, not a rent quoted for Ct Hub 2 itself.

What is the nearest MRT station to Ct Hub 2?

Bendemeer MRT is the closest, 249 m away (about a 4-minute walk).

How many businesses are registered at Ct Hub 2?

1,414 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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