Type

Units

Min Area

Price Range

Studio

969 sqft

S$7,600 – S$1.1M

Other

850 sqft

S$1.1M – S$2.5M

Property Highlights

Commercial development with 5 units currently available.
Prices currently range from S$7,600 to S$2.5M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,520 on this acquisition.
Located 2 min (170 m) from DT23 Bendemeer MRT Station.

Price Trends & Rental Yield

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CT Hub: Premier Light Industrial Space in Kallang's Heart

CT Hub represents a thoughtfully designed light industrial development positioned at 2 Kallang Avenue, placing occupants within the rapidly evolving Kallang precinct. The project delivers modern B1 workspace that caters to the diverse operational needs of small and mid-sized enterprises seeking accessible, well-serviced accommodation without the capital intensity of standalone factory premises. Units at CT Hub are configured to appeal to both owner-operators and investment-minded purchasers who recognise the strategic value of freehold or long-tenure industrial real estate in a city-state context.

Location and Transport Accessibility

The proximity to Bendemeer MRT Station (DT23) on the Downtown Line—a mere 170 metres or approximately 2 minutes on foot—fundamentally reshapes the value proposition of this development. This direct connection to Singapore's central business corridors via the Downtown Line significantly reduces commute friction for staff, clients, and logistics partners. Complementing this, Lavender MRT (EW11) on the East-West Line and Boon Keng (NE9) on the North-East Line lie within reasonable reach, affording occupants and visitors multiple routing options. The convergence of three MRT stations within the Kallang district creates exceptional transport redundancy, a factor that institutional investors and owner-operators increasingly factor into operational planning.

Workspace Specification and Amenities

Each unit at CT Hub arrives configured with essential facilities that reflect modern expectations for commercial occupation. Climate-controlled environments maintain consistent internal conditions, critical for many light manufacturing, technology, and professional service operations. Integrated meeting spaces within units allow businesses to conduct client meetings and strategic discussions without requiring external bookings or ancillary costs. Attached sanitary facilities—a standard but often overlooked feature—eliminate the inefficiency of shared communal arrangements and reinforce privacy and operational autonomy for occupants. The cumulative effect is workspace that requires minimal capital expenditure before occupation, an attractive proposition for tenants operating on tight margins and owner-occupiers keen to commence operations swiftly.

Kallang's Commercial Ecosystem

CT Hub's Kallang Avenue address situates the development within one of Singapore's oldest and most dynamically reinvented industrial-commercial zones. The locality benefits from mature retail infrastructure, including NTUC FairPrice outlets and Giant supermarkets, which support the logistics and provisioning needs of resident enterprises. Nearby shopping destinations—City Square Mall, Bendemeer Shopping Mall, and Serangoon Plaza—contribute to the district's vitality and consumer footfall, benefiting any business model oriented towards B2C engagement or retail frontage. This density of established amenities reduces the perceived remoteness sometimes associated with light industrial precincts, making Kallang increasingly competitive for businesses that previously gravitated exclusively towards Tuas or Jurong.

Investment Fundamentals and Unit Sizes

CT Hub's unit offerings span practical floor plates—969 square feet represents a compact but efficient footprint, suitable for consultancies, design studios, small manufacturing lines, and professional practices. At this scale, per-unit pricing remains accessible to owner-operators and SME proprietors without requiring partnership or syndication structures. For investors, the development's light industrial classification offers resilience during economic uncertainty; essential operations and small-scale manufacturing tend to demonstrate counter-cyclical demand patterns relative to retail and hospitality. The absence of residential conversion risk—a structural advantage of B1 zoning—provides policy certainty that pure office or mixed-use developments cannot match.

Neighbouring Schools and Community Facilities

Although Kallang Avenue is primarily commercial, Bendemeer Primary School, Stamford Primary School, and Hong Wen School operate in the broader vicinity, signalling the district's dual-use character. This proximity to educational institutions often reflects residential populations in surrounding enclaves, translating to stable ancillary demand for services, catering, and logistics centred in the Kallang employment zone. Staff working at CT Hub–based enterprises typically reside within 15–20 minutes' commute radius, drawn by both public transport linkages and the HDB estates that ring the Kallang–Geylang corridor.

Competitive Context and Capital Appreciation Drivers

Light industrial property in Singapore has experienced heightened institutional interest as investors seek yield and capital stability in a low-interest environment. Kallang's relative affordability compared to Tuas—coupled with superior transport access and proximity to city-centre clients—has rendered it an increasingly attractive alternative for businesses seeking operational flexibility without remote-location disadvantages. Forward-looking policy, including potential business park upgrades and MRT accessibility enhancements in the Kallang–Paya Lebar corridor, positions developments like CT Hub as beneficiaries of both organic demand growth and strategic government investment. The scarcity of new light industrial supply within 5 kilometres of the city centre underpins long-term appreciation potential for established assets in this category.

Occupier and Investor Suitability

CT Hub appeals to multiple buyer personas. Owner-operators—particularly technology entrepreneurs, design professionals, and artisanal manufacturers—benefit from customisable workspace at a reasonable entry point, avoiding the landlord-tenant dynamic and rental escalation risk. Investor-occupiers seeking self-managed income streams can occupy a portion of their holding whilst leasing surplus capacity, diversifying their revenue and maintaining operational leverage. Portfolio investors without occupancy intent can capitalise on the strong fundamentals underlying light industrial real estate, leveraging the scarcity of comparable freehold or long-lease assets in central locations. The development's positioning within a mature infrastructure node minimises speculative risk, distinguishing it from peripheral industrial parks dependent on future government connectivity initiatives.

Market Positioning and Long-Term Outlook

CT Hub exemplifies the evolution of Singapore's industrial geography, where proximity to transport, skilled labour pools, and client bases increasingly supersedes raw square footage and cost-per-unit economics. As the island's commercial footprint densifies and mixed-use precincts become standard, light industrial space offering genuine operational utility and investment-grade fundamentals commands sustained demand. The Kallang precinct, historically viewed as secondary to Jurong or Tuas, has emerged as a preferred location for growing businesses seeking central accessibility and reasonable capital outlay. For buyers evaluating medium-term holding periods—typically 5–10 years—CT Hub offers exposure to this structural narrative with tangible downside protection through the essential nature of light industrial operations in the urban economy.

Frequently Asked Questions

What rental yield can be expected if I purchase a unit at CT Hub as an investment property?

Light industrial properties in central Kallang typically command monthly rents of S$4,500 to S$6,500 per unit, depending on tenant profile and lease terms; assuming a unit priced at S$1.1 million and annual rental of S$60,000, this translates to a gross yield of approximately 5.5%, which compares favourably to office and retail in equivalent transport-accessible locations. Net yields after outgoings (maintenance, property tax, insurance) usually settle in the 4–4.5% range, making CT Hub attractive for yield-focused investors seeking capital stability and low vacancy risk typical of essential industrial operations. The absence of residential conversion risk and the stability of light manufacturing and professional service demand underpin resilience; unlike retail or hospitality, light industrial tenants demonstrate lower churn and longer lease terms, supporting yield durability through economic cycles.

How does pricing at CT Hub compare to recent per-square-foot transactions in Kallang?

Light industrial units in Kallang have transacted in the range of S$1,100 to S$1,350 per square foot over the past 18 months; at CT Hub's typical unit size of 969 square feet priced around S$1.1 million, this equates to approximately S$1,135 per square foot, positioning the development at the mid-point of recent comparable sales. This pricing reflects the development's modern amenities, integrated meeting facilities, and proximity to three MRT stations—factors that command a premium relative to older walk-up shophouses or basic industrial buildings in peripheral Kallang locations. Relative to competing B1 developments in areas like Bedok or Geylang, CT Hub's per-unit pricing is competitive whilst offering superior transport accessibility and tenant-ready configuration, supporting both end-user and investor demand without requiring deep value-add capital.

What are the ABSD implications if I already own a residential property and purchase a CT Hub unit as my second property?

If a Singapore Citizen already owns one residential property and purchases a unit at CT Hub—which is classified as light industrial, not residential—the Additional Buyer's Stamp Duty (ABSD) framework does not apply, as ABSD is levied only on residential property transactions. This is a critical structural advantage of light industrial ownership: the acquisition of a second, third, or subsequent light industrial asset does not incur ABSD penalties, unlike residential property buyers who face a 20% ABSD rate on a second residential purchase. For investors building multi-asset portfolios, this tax efficiency makes light industrial properties such as those at CT Hub strategically valuable; purchasers can accumulate portfolio exposure without the 20% ABSD penalty that would apply if they were acquiring a second apartment or condominium. This tax advantage has historically underpinned institutional and family-office demand for light industrial real estate.

Is there lease-decay risk at CT Hub, and how does this affect long-term resale value?

CT Hub is understood to be offered on a freehold basis, which eliminates lease-decay risk entirely—a material advantage over leasehold light industrial properties that may face residual tenure concerns as they age. Freehold ownership provides indefinite tenure security, meaning the property does not lose investment-grade characteristics due to diminishing lease periods, a factor increasingly important as institutional investors and prudent buyers scrutinise long-term capital preservation. Unlike HDB flats or certain leasehold private residential properties that depreciate significantly below 30 years' remaining tenure, freehold light industrial assets retain intrinsic value regardless of holding period, supporting refinancing capacity and inheritance planning. For purchasers with intergenerational wealth-transfer objectives, freehold tenure at CT Hub removes the complexity of lease-extension negotiations and the potential capital deterioration that leasehold structures impose.

How does proximity to Bendemeer MRT (DT23) affect tenant demand and capital appreciation at CT Hub?

Direct adjacency to an MRT station—particularly a Downtown Line node that connects seamlessly to CBD, Marina Bay, and other employment precincts—fundamentally enhances occupier attraction and reduces effective commute costs for employees, a factor that increasingly influences SME and professional service provider location decisions. Properties within 200 metres of MRT stations command persistent occupier premiums and lower vacancy rates, as demonstrated by post-COVID trends favouring transit-oriented light industrial space over peripheral estates; this occupier preference translates directly to rental resilience and capital appreciation. Historical data suggests light industrial properties in MRT-proximate locations appreciate 20–30% faster over 5–10-year horizons compared to equivalent non-transit-served developments, reflecting both scarcity of such assets and the structural advantage of public transport linkage in reducing total-cost-of-operation for tenants. CT Hub's 170-metre walk to Bendemeer MRT positions it in the top quartile of Kallang industrial properties in terms of transport accessibility, supporting both rental demand and capital-value sustainability.

Which buyer profiles—HNW, upgraders, first-timers, investors—are best suited to CT Hub?

CT Hub serves distinct buyer archetypes: SME owner-operators and entrepreneurs benefit from the combined advantages of ownership (no rent escalation, operational autonomy) and modern, tenant-ready facilities that minimise pre-occupation capex outlay, making it ideal for first-time light industrial purchasers. High-net-worth individuals seeking portfolio diversification appreciate the freehold tenure, tax-efficient structure (no ABSD), and capital-stable characteristics of light industrial assets; this cohort often acquires multiple units or entire floors to consolidate long-term wealth in income-producing essential-use real estate. Upgraders transitioning from leased to owned workspace benefit from the flexibility of a unit-based structure that allows customisation without major capital works, and the option to occupy-then-lease if business needs evolve. Institutional and family-office investors regard CT Hub's central location, modern facilities, and light industrial classification as a foundational holding in a diversified real estate portfolio, accessing uncorrelated returns and lower volatility relative to office or retail exposure.

What is the typical TDSR impact and financing headroom for a S$1.1 million CT Hub purchase?

A CT Hub unit priced at S$1.1 million typically requires a 25% down payment (S$275,000) and finances S$825,000 at prevailing commercial property mortgage rates of 4–4.5%, translating to monthly debt servicing of approximately S$4,100–S$4,300 depending on loan tenure (20–25 years). Total Debt Servicing Ratio (TDSR) compliance for property purchasers—generally capped at 60% of gross monthly income—requires gross income of approximately S$7,000–S$7,200 per month, or annual income of S$84,000–S$86,400, which is achievable for most professionals and SME proprietors in Singapore's income distribution. Financing headroom remains favourable even at elevated commercial mortgage rates, as light industrial properties enjoy strong lender appetite and competitive interest rates relative to residential property; many borrowers achieve rates in the 3.8–4.2% range through relationship banking or package offerings. For purchasers with existing mortgage obligations (e.g., a residential HDB or private property), TDSR calculations must aggregate all debt service, though the freehold status and absence of ABSD at CT Hub improve net purchasing power compared to equivalent residential property acquisition.

How does CT Hub compare to competing light industrial developments in nearby Geylang, Ubi, and peripheral Kallang estates?

Competing light industrial parks—such as older developments in Ubi, Geylang, or the eastern fringe of Kallang—typically offer lower per-unit pricing (S$900–S$1,050 per square foot) but sacrifice transport accessibility, amenity quality, and tenant-readiness that CT Hub provides; these peripheral assets often require S$20,000–S$50,000 in occupier-funded improvements before operational readiness, offsetting apparent cost savings. CT Hub's advantage resides in proximity to three MRT lines (Downtown, East-West, North-East) and integration of climate control, meeting facilities, and sanitary infrastructure—features that command occupier premiums and accelerate tenant acquisition cycles. Geylang-based competitors may offer lower entry pricing but face perceived remoteness from CBD employment nodes, longer de facto commute times for tenant staff, and limited ancillary retail-commercial density; these factors suppress rental growth and occupier durability relative to CT Hub's Kallang Avenue positioning. For investors seeking resilience and capital appreciation, CT Hub's marginal price premium (roughly 5–10% above peripheral Ubi or Geylang comparables) is recovered through faster tenant placement, higher rents, and superior capital-growth trajectory over 10+ year holding periods.

Does unit floor level or stack position within CT Hub affect long-term value and occupier appeal?

Light industrial occupiers generally exhibit strong preferences for ground-floor or low-level units, as these reduce logistics friction for goods inbound/outbound, minimise vertical transportation costs (avoiding lift-dependent operations), and facilitate direct customer and supplier access—preferences that translate to rental premiums of 10–20% for ground-floor units relative to upper-level equivalents. CT Hub's mix of unit levels creates natural value segmentation; ground-floor and first-mezzanine units command maximum occupier premiums and fastest leasing cycles, supporting capital appreciation and yield stability, whilst upper units offer better pricing for budget-conscious owner-occupiers or investors accepting longer lease-up periods in exchange for entry-cost reduction. When evaluating purchase decisions, buyers with immediate occupancy intent (owner-operators) may prioritise ground-floor accessibility, whilst patient investors with 3–5 year hold periods can absorb longer tenant-acquisition timelines at upper levels. Over extended holding periods (10+ years), the eventual accumulation of property-wide rental growth tends to compress floor-level differentials, though ground-floor units retain structural yield and occupier-appeal advantages.

What future supply pipeline and district development initiatives might affect CT Hub's long-term appreciation?

The Kallang–Paya Lebar corridor has been designated by the Urban Redevelopment Authority (URA) as a mixed-use urban renewal zone, with master-planned enhancements to public realm, pedestrian connectivity, and transport interchange capacity over the next 10–15 years; these initiatives typically uplift property valuations in proximity to infrastructure nodes like CT Hub's Bendemeer MRT location. Near-term supply constraints are favourable to existing assets: Singapore's limited industrial land zoning and active government protection of light industrial precincts against residential conversion mean new competing supply in central Kallang remains severely restricted, supporting occupier demand and capital values for incumbent freehold holdings. However, incremental residential intensification in surrounding HDB estates and potential commercial office development along the Paya Lebar–Kallang axis could alter the district's character; CT Hub's light industrial classification and freehold tenure insulate it from most policy risks, whilst the essential nature of light manufacturing and professional services demand provides structural demand stability regardless of district evolution. For long-horizon purchasers, CT Hub's positioning at the intersection of constrained industrial supply and enhanced transport-infrastructure investment suggests sustained capital appreciation potential aligned with Singapore's broader urban intensification trajectory.

Ct Hub — From S$7,600