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CT HUB 2

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Project Information

Project Name

CT HUB 2

Street Name

Lavender Street

Property Type

Factory (All Types) / Shop / Office

Tenure

99 Yrs FROM 1976

District / Planning Area

D12 / Kallang

Completion

2015

Indicative price range / Average*

Factory (All Types): S$ 911 - S$ 1,146 psf / S$ 1,018 psf
Office: S$ 1,800 - S$ 1,800 psf / S$ 1,800 psf
Shop: S$ 2,108 - S$ 2,108 psf / S$ 2,108 psf
Shop House: -

Indicative rental range / Average#

Factory (All Types): S$ 2.99 - S$ 4.07 psf pm / S$ 3.72 psf pm
Office: S$ 0.00 - S$ 0.00 psf pm / S$ 9.08 psf pm
Shop: S$ 0.00 - S$ 0.00 psf pm / S$ 9.75 psf pm
Shop House: S$ 0.00 - S$ 0.00 psf pm / S$ 4.80 psf pm

Implied rental yield

Factory (All Types): 4.39%
Office: 6.05%
Shop: 5.55%
Shop House: -

Historical high

Factory (All Types): S$ 1,801 psf in Aug 2022 for a 657-sqft unit
Office: S$ 1,941 psf in Sep 2015 for a 678-sqft unit
Shop: S$ 3,737 psf in Sep 2013 for a 269-sqft unit
Shop House: S$ 1,900 psf in Jun 2021 for a 312-sqft unit

Indicative average price from historical high

Factory (All Types): -43.5%
Office: -7.3%
Shop: -43.6%
Shop House: -

Historical low

Factory (All Types): S$ 558 psf in Sep 2014 for a 3,208-sqft unit
Office: S$ 1,599 psf in Oct 2017 for a 710-sqft unit
Shop: S$ 1,488 psf in Jul 2021 for a 398-sqft unit
Shop House: S$ 1,900 psf in Jun 2021 for a 312-sqft unit

Note: *Based on transactions in the last 6 months. #Based on the street rental data in the last 6 months, may not be representative.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months. *Prices and rents are based on data in the past 6 months. Rents are based on street names and may not be representative of the subject property.
Source: https://www.squarefoot.com.sg
Marker Project Type Tenure Distance
(m)
Lowest
price*
(S$ psf)
Average
price*
(S$ psf)
Highest
price*
(S$ psf)
Rental
25th*
(S$ psf pm)
Median
Rental*
(S$ psf pm)
Rental
75th*
(S$ psf pm)
Rental yield
(%)
CT HUB 2 Factory 99 Yrs FROM 1976 - 911 1,018 1,146 2.99 3.72 4.07 4.4
CT HUB 2 Office 99 Yrs FROM 1976 - 1,800 1,800 1,800 - 9.08 - 6.1
CT HUB 2 Shop 99 Yrs FROM 1976 - 2,108 2,108 2,108 - 9.75 - 5.6
PEK CHUAN BUILDING Office 99 Yrs FROM 1978 48 1,013 1,013 1,013 - 9.08 - 10.8
PEK CHUAN BUILDING Shop 99 Yrs FROM 1978 48 1,127 1,127 1,127 - 9.75 - 10.4
CT HUB Factory 99 Yrs FROM 1979 82 908 952 1,026 3.08 3.80 4.00 4.8
CT HUB Office 99 Yrs FROM 1979 82 938 938 938 - - - -
ANN CHUAN INDUSTRIAL BUILDING Factory Freehold 108 1,100 1,100 1,100 - - - -
KING GEORGE'S BUILDING Factory Freehold 126 811 811 811 - - - -
TYRWHITT 139 Shop Freehold 297 3,596 3,596 3,596 - 10.96 - 3.7

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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