IndustrialBUSINESS 1 - WHITEDistrict 12 · Kallang

Pico Creative Centre

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Pico Creative Centre 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. 1 unit is currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Pico Creative Centre?

Key takeawayPico Creative Centre is a industrial building in District 12 · Kallang, zoned BUSINESS 1 - WHITE.
Asset class
Industrial
Land-use zone
BUSINESS 1 - WHITE
Gross plot ratio
3.0
Tenure
Not on record
District / Area
District 12 · Kallang
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
Listed as
Light Industrial (B1)
Transactions on record
None recorded
Live listings
1
ACRA registrations
0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Pico Creative Centre

Pico Creative Centre is an industrial building in Kallang (District 12). It is located along Kallang Avenue.

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

Across JTC's rental returns for Kallang Avenue, the median rent for industrial space on this street works out to about S$1.99 psf per month over 106 observations. Observed medians on the street span S$1.00 to S$3.69 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 4.2 km away. The closest business-park zone is about 4.1 km away. The nearest MRT is Lavender MRT, 347 m away (about a 5-minute walk). The closest bus stop (Aft Kallang Rd) is 178 m away (about a 3-minute walk).

3

What is Pico Creative Centre zoned as?

Key takeawayPico Creative Centre 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 does space at Pico Creative Centre rent for?

Key takeawayNo rent is published for Pico Creative Centre itself. On its street, Kallang Avenue, strata factory space rented at a median of $3.38 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Strata factory space on Kallang Avenue

Street level · 2026Q3
25th pct
—
— psm
Median
$3.38
$36.40 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median -0.5% on a year earlier

2023Q4 · $31.12 psm2026Q3 · $36.40 psm median

This is the MEDIAN of JTC-published rents across leases on this street in the stated quarter, not the asking or contracted rent of any particular unit. Streets with too few leases are suppressed by JTC and appear as no value -- suppressed is not zero.

Source: JTC J-SPACE, rental of industrial space by street.

5

Market context around Pico Creative Centre

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.

6

How fast units move at Pico Creative Centre

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 1 unit for rent.

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.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What's been approved at Pico Creative Centre?

Key takeawayURA has approved 1 change of use at Pico Creative Centre since 2000, most recently in 2020. 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.
  1. 26 May 2026Agency works
    Additions & alterations

    Proposed additions and alterations to the existing pico creative centre involving additions of a 2-storey production support annexe building and a single-storey storage building for m/s pico art international pte ltd (kallang planning area)

  2. 19 Feb 2020Approved
    Change of use to industrial canteen

    Proposed change of use of part of 1st storey premises to industrial canteen - pico creative centre

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).

8

How does Kallang Avenue price?

Key takeawayKallang Avenue's current JTC street rent is S$36.40 psm/month (2026Q3), which against the street's strata sale median works out to an indicative gross yield of 4.1% (3.7% net of property tax).
Strata sales on the street (5y)
51
Street median PSF (strata)
$950
Indicative street yield
4.1% gross
3.7% 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.

9

What is available at Pico Creative Centre right now?

Key takeaway1 unit is currently listed at Pico Creative Centre. One row per unit; several agents often market the same unit.

For rent (1)

  • Pico Creative CentreS$45k/mo · 10,356 sqft

Browse every listing at this building →

10

What is near Pico Creative Centre?

Key takeawayThe nearest MRT/LRT is Lavender MRT, about 347 m away.

Getting around

Amenities nearby

The Clinic @ Aperia · 148 mAft Kallang Rd · 179 mLavender MRT Exit B · 340 mNorth Bridge Road Market & Food Centre · 444 mEducational Institution · 510 mRaffles Hospital · 1.3 km

Straight-line distances. Source: PropKaki amenities data.

11

Getting there and parking at Pico Creative Centre

Key takeawayThe nearest station is Lavender (EW11), 340 m away — a moderately busy station, with about 39,000 taps in and out on an average weekday. 19 public car parks are within 500 m; the cheapest URA season parking nearby is S$90 a month.
Foot traffic: busier than 96% of industrial buildings

nearest MRT/LRT Lavender (EW11) 340 m, about 39,000 taps a weekday; 2 more stations within 1 km; bus stops within 400 m: 8, about 16,000 taps a weekday; Kallang: 63,333 resident workers (Census 2020, by workplace); about 28,000 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)340 m · about 39,000 weekday taps
  • Bendemeer (DT23)495 m · about 11,000 weekday taps
  • Kallang (EW10)734 m · about 24,000 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 Pico Creative Centre. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Kallang Ave (URA)220 m
    S$0.60 per half-hour at midday on a weekday · 80 car lots
  • Kampong Bugis (URA)229 m
    S$0.60 per half-hour at midday on a weekday · 16 car lots
  • Penhas Rd (URA)264 m
    S$0.60 per half-hour at midday on a weekday · 23 car lots
  • Penhas Rd - Lavender S T Off St (URA)267 m
    S$0.60 per half-hour at midday on a weekday · 29 car lots
  • Service Rd (Penhas Rd) (URA)285 m
    S$0.60 per half-hour at midday on a weekday · 6 car lots

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

12

How many companies are registered at Pico Creative Centre?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

13

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$21.41 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$21.41 psm/mo
Observed range
S$10.77 – S$39.74

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.

14

Frequently asked questions about Pico Creative Centre

Where is Pico Creative Centre?⌄

Pico Creative Centre is at Kallang Avenue, in the Kallang planning area.

What is Pico Creative Centre zoned as?⌄

Pico Creative Centre is zoned Business 1 - White under the URA Master Plan, with a gross plot ratio of 3.

Have there been any recorded transactions at Pico Creative Centre?⌄

No caveats have been lodged for Pico Creative Centre in the records we track. That is common for single-owner industrial buildings, which never generate strata transactions.

What does industrial space near Pico Creative Centre rent for?⌄

JTC's rental returns for Kallang Avenue put the median at about S$1.99 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Kallang Avenue, not a rent quoted for Pico Creative Centre itself.

What is the nearest MRT station to Pico Creative Centre?⌄

Lavender MRT is the closest, 347 m away (about a 5-minute walk).

For agents · in the PropKaki app

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