Type

Units

Min Area

Price Range

Studio

1065 sqft

S$1.4M

Other

969 sqft

S$1.4M – S$1.5M

Type

Units

Min Area

Price Range

Other

312 sqft

S$3,650/mo

Property Highlights

Commercial development with 5 units currently available.
Prices currently range from S$3,650 to S$1.5M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$730 on this acquisition.
80% of current units are for sale, from S$1.4M; 20% are for rent, from S$3,650/mo.
Located 3 min (260 m) from DT23 Bendemeer MRT Station.

Price Trends & Rental Yield

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CT Hub 2: Premium B1 Industrial Space in Lavender's Prime Location

CT Hub 2 represents a compelling proposition for businesses and investors seeking professional-grade industrial accommodation in one of Singapore's most accessible commercial precincts. Located at 114 Lavender Street, this development delivers fully fitted B1 space positioned at the gateway between the central business district and emerging business clusters, offering the rare combination of strategic location, modern infrastructure, and immediate occupancy readiness.

The development's positioning along Lavender Street places occupants within a three-minute walk of Bendemeer MRT Station on the Downtown Line, a critical advantage for companies requiring seamless staff connectivity and client access. This proximity to transit infrastructure, combined with convenient access to major expressway networks, positions CT Hub 2 as a hub for businesses that prioritise logistical efficiency and employee commute times. The surrounding precinct has evolved into a thriving mixed-use zone, with retailers, service providers, and dining establishments creating a dynamic commercial ecosystem.

Fully Fitted Interiors and Professional Infrastructure

Each unit at CT Hub 2 arrives as a complete workspace, eliminating the substantial lead time and capital expenditure associated with traditional fit-out projects. The standard inclusions—comprising a dedicated reception area, functional meeting room, and private pantry—have been integrated into the design to reflect the working practices of contemporary enterprises. High ceilings and strategic positioning on elevated floors maximise natural light and create an impression of spaciousness, essential qualities for businesses seeking to project corporate credibility to clients and staff alike.

The internal layout reflects thoughtful space planning, with efficient workflows between client-facing areas and operational zones. This design philosophy makes the units particularly suitable for e-business enterprises, creative media firms, and professional services that require a polished corporate environment without the overhead burden of managing bespoke renovations. The move-in-ready status means occupants can transition to their new premises within weeks rather than months, a material advantage for growing companies operating under tight timelines.

Building Facilities and Security Standards

CT Hub 2 integrates modern building management systems and security protocols that meet institutional investor standards. Round-the-clock security presence, climate control through building air conditioning, and dedicated loading bays for logistics operations create an environment that supports both agile startups and established corporate tenants. The availability of on-site parking and efficient vehicle circulation routes reduces operational friction for companies managing regular goods movement or client visits.

These facility standards reflect an understanding that premium industrial space must deliver more than raw square footage—it must provide the operational backbone that allows tenants to focus on their core business activities. The building's infrastructure also appeals to investment buyers, as these standardised facilities and security measures enhance tenant retention and rental stability, translating into more predictable income streams for ownership.

Strategic Appeal for Multiple Buyer Profiles

The development attracts diverse buyer cohorts, each with distinct motivations. Owner-operators in e-commerce, logistics technology, and media production view CT Hub 2 as a branded headquarters location that strengthens their corporate positioning. The fully fitted specification eliminates customisation delays, allowing these operators to scale operations immediately without extended downtime.

Investment buyers, particularly those with experience in B1 industrial leasing, recognise the yield potential inherent in a location that commands premium rental rates due to its MRT proximity and CBD fringe positioning. The pre-fitted condition also broadens the tenant pool, as prospective renters can occupy the space faster than partially fitted or bare shells, reducing landlord vacancy risk. Corporate buyers seeking to consolidate multiple leased spaces into a single owned asset also find value in the turnkey specification, as it allows them to redeploy capital towards operational growth rather than construction management.

Lavender Precinct: Maturing Commercial Hub

Lavender has transitioned from a traditionally industrial zone into a mixed-use commercial corridor, a shift that has elevated rental values and capital appreciation potential across the precinct. The completion of various commercial projects, combined with improved MRT accessibility, has attracted multinational firms, technology startups, and professional services providers seeking affordable yet well-connected premises relative to central district alternatives.

This transition creates tailwinds for CT Hub 2 investors, as the continued influx of quality tenants supports both rental escalation and sustained occupancy rates. The precinct's maturation also benefits from the successful densification of residential neighbourhoods in adjacent areas, creating a larger local workforce pool and reducing commute friction for tenant employees.

Financial Considerations and Investment Returns

Prospective buyers should evaluate CT Hub 2 units against the broader B1 industrial market, considering both yield generation and medium-term capital appreciation. The location's MRT accessibility typically commands rental premiums relative to less-connected industrial zones, translating into gross yields that attract yield-focused investors. However, detailed financial modelling should account for prevailing tenant demand in the e-commerce and media sectors, seasonal variations in occupancy, and the impact of economic cycles on renewal rates.

Owner-occupiers should factor lease structure and tenure into their cost-benefit analysis relative to long-term leasing alternatives. The fully fitted condition means that future tenants benefit from reduced move-in friction, supporting rental competitiveness and occupancy stability. Financing headroom should be assessed conservatively, as commercial property lending standards typically demand stronger equity positions and cash-flow documentation than residential purchases, particularly for investment-grade buyers seeking leverage.

Location and Accessibility Framework

The three-minute walk to Bendemeer MRT Station represents a material differentiator in the Singapore industrial market. Downtown Line connectivity provides direct access to Tampines and Bukit Panjang, linking occupants to distributed employment clusters across the eastern and western corridors. The station also functions as an interchange node, with bus routes extending the effective catchment area for client visits and staff recruitment.

Expressway access via the Central Expressway and arterial road networks enhances logistics efficiency for businesses managing regular freight movement or client site visits. This combination of public transport and vehicular accessibility creates a compelling proposition for companies balancing cost control with operational convenience.

CT Hub 2 stands as a strategically positioned asset for investors and operators seeking professional-grade industrial accommodation within an improving commercial precinct. The combination of fully fitted interiors, modern building standards, and uncompromised location accessibility creates multiple value propositions across different buyer cohorts. Prospective purchasers should conduct thorough due diligence on tenant demand patterns, rental rate benchmarks, and their own operational or investment objectives before proceeding.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at CT Hub 2 as an investment?

B1 industrial units at CT Hub 2, given their proximity to Bendemeer MRT and CBD fringe positioning, typically command rental rates between S$5.50 and S$7.00 per square foot per month for fully fitted space. Based on unit sizes ranging around 1,000–1,200 sqft, this translates to gross monthly rents of S$5,500 to S$8,400, or annual gross yields of 4.6% to 7.1% on purchase prices from S$1.4M upwards. Actual yield realisation depends on tenant quality, lease duration, and prevailing market conditions in the e-commerce and media sectors. Investors should model downside scenarios with 85–90% occupancy rates to account for inter-tenant turnover and potential market softness, and should engage a property manager experienced in B1 industrial leasing to optimise tenant sourcing and retention.

How do CT Hub 2 transaction prices compare to recent psf values for B1 space in the Lavender corridor?

Recent B1 transactions in the Lavender area have traded at price points ranging from S$1,300 to S$1,550 per sqft, with fully fitted specifications commanding the upper end of that range. CT Hub 2's pricing sits competitively within this band, typically reflecting the fully fitted condition, high-floor positioning, and standardised building amenities. Comparable nearby developments have seen psf values rise 3–4% annually over the past two years as the precinct matures and tenant demand from logistics technology and e-commerce firms increases. Buyers evaluating CT Hub 2 should benchmark against recent arm's-length transactions and factor in the turnkey specification, which saves purchasers 6–12 months of fit-out lead time and an estimated S$150,000–S$300,000 in construction and design costs for a typical unit.

What is the Additional Buyer's Stamp Duty (ABSD) impact if I purchase a second residential property at CT Hub 2?

B1 industrial units at CT Hub 2 are classified as commercial property, not residential property, and therefore fall outside the Additional Buyer's Stamp Duty regime entirely. ABSD applies only to residential property purchases (apartments, condominiums, HDB units) by Singapore Citizens purchasing a second or subsequent residential property, at the current rate of 20%. Industrial B1 units are subject to the standard Buyer's Stamp Duty schedule based on purchase price—currently 1–3% depending on value brackets—with no additional ABSD surcharge. This commercial classification makes B1 industrial investment considerably more attractive for Singapore Citizens and permanent residents seeking portfolio diversification without triggering the 20% ABSD liability that would apply to a second residential acquisition.

Are there lease decay or resale value risks I should consider at CT Hub 2?

CT Hub 2 units are held on commercial B1 leasehold tenure; the specific lease duration (99 years, 999 years, or Freehold) should be verified directly with the developer or title documentation, as this materially affects long-term resale value. Industrial leasehold property in Singapore does experience lease decay effects, particularly as properties approach the 80–90 year mark, where refinancing and occupier confidence can diminish. However, the Lavender precinct's ongoing commercial densification and institutional investor interest provide some downside protection, as strong tenant demand and capital appreciation in the area can partially offset lease decay effects. Buyers should prioritise units with longer residual lease periods and factor potential lease extension costs (which can require collective agreement among co-owners) into their hold period analysis. Properties with 999-year or Freehold leases offer superior capital preservation and resale liquidity, and typically command 10–15% premiums relative to 99-year tenures on comparable units.

How does proximity to Bendemeer MRT Station affect demand and capital appreciation at CT Hub 2?

The three-minute walk to Bendemeer MRT Station (Downtown Line) is a primary demand driver for CT Hub 2, particularly for employers in e-commerce logistics, creative media, and professional services seeking to minimise employee commute friction. MRT proximity typically commands rental premiums of 15–20% relative to equivalent B1 space in less accessible locations, creating stronger cash-flow profiles for investor buyers. Capital appreciation has historically been more robust in MRT-proximate industrial zones, with such properties appreciating 3.5–5% annually versus 1.5–2.5% for peripheral locations, reflecting sustained tenant demand and reduced vacancy risk. The Bendemeer station also serves as a mobility hub linking Downtown, Tampines, and Bukit Panjang lines indirectly, broadening the geographic catchment for tenant recruitment and enhancing the property's attractiveness to potential occupiers during economic cycles. In downside scenarios, MRT-adjacent properties demonstrate greater rental resilience, as tenants prioritise accessibility during market contractions, providing a form of capital protection.

Is CT Hub 2 suitable for first-time industrial property buyers, or is it better suited to experienced investors?

CT Hub 2 can appeal to both first-time and experienced industrial property buyers, though for different reasons. First-time buyers benefit from the fully fitted specification, which eliminates complex construction management and tenant fit-out coordination—variables that can overwhelm novice owners. The move-in-ready condition also means prospective tenants evaluate the space quickly, reducing time-to-let and associated holding costs. However, first-time buyers should familiarise themselves with commercial lease structures, tenant credit underwriting, and market cycles in the e-commerce and media sectors before committing capital. Experienced investors recognise the yield-generation potential and MRT accessibility premium, and typically have existing property management relationships and tenant networks that accelerate occupancy cycles. Owner-operators—businesses seeking branded headquarters space—form a third cohort for whom the location and turnkey specification eliminate renovation delays, making CT Hub 2 particularly attractive regardless of industrial property experience.

What TDSR and financing headroom should I model for CT Hub 2 at typical price points?

Commercial property financing at price points from S$1.4M upwards typically attracts bank loan-to-value ratios of 50–60%, compared to 75–80% for residential property, reflecting stricter commercial lending underwriting. A S$1.4M unit purchase with 55% LTV would require approximately S$630,000 in equity, with the remaining S$770,000 financed. At current prime lending rates (around 4% per annum), monthly interest on a 25-year term would be approximately S$3,460, or S$41,500 annually. Bank Total Debt Service Ratio (TDSR) limits for commercial property typically cap total monthly obligations at 60% of gross monthly income, though qualification thresholds are often tighter for investment-property purchasers. An investor generating S$6,500 monthly rental income would theoretically support S$3,900 in total monthly debt service, providing approximately S$440 headroom above interest costs if other debts exist. Owner-occupiers benefit from operational cash-flow visibility, but should stress-test vacancy scenarios and factor business rates, maintenance levies, and property tax into affordability models.

How do nearby competing B1 developments compare to CT Hub 2 in the Lavender precinct?

CT Hub 2 competes directly with several B1 developments in the surrounding Lavender and Geylang Lorong areas, including converted industrial parks and purpose-built business centres. Comparable properties typically offer either bare-shell pricing (S$1.1M–S$1.3M) with buyer-led fit-out, or fully fitted specifications (S$1.5M–S$1.8M) with premium finishes. CT Hub 2 positions itself in the middle of this spectrum—fully fitted at competitive pricing relative to newer developments, but without premium fit-out overheads. Many competing developments lack the unified building management and 24-hour security standards that CT Hub 2 provides, making the latter more attractive to corporate tenants and institution investors concerned with duty-of-care and operational standards. However, some nearby developments offer larger floor plates (1,500–2,000 sqft) suited to growing teams, whereas CT Hub 2's units typically range 900–1,200 sqft, making them ideal for smaller, agile teams. Buyers should inspect finishes and building condition across competing sites, and verify tenant rosters and occupancy rates to ensure CT Hub 2's rental market assumptions align with peer developments.

Are specific unit stacks or floor levels at CT Hub 2 likely to provide superior value or appreciation?

High-floor units at CT Hub 2—typically 4th floor and above—command rental premiums of 5–10% relative to lower floors, reflecting greater natural light, reduced street noise, and enhanced corporate perception for client-facing businesses. These units attract tenants in creative media and professional services more readily than lower floors, translating to faster leasing cycles and stronger tenant retention. Mid-floor units (2nd–3rd floor) often provide the best value proposition for buyers balancing capital outlay against yield generation, as rental discounts are modest (2–5%) relative to high floors, yet purchase prices may be 3–8% lower. Ground and first-floor units typically offer accessibility advantages for logistics-heavy businesses requiring frequent goods movement, and can attract industrial occupiers willing to accept lower prestige in exchange for operational efficiency. Capital appreciation, however, tends to be strongest for high-floor units, as they retain premium rental characteristics through market cycles and appeal to broader tenant demographics. Buyers prioritising yield should target mid-floor units; those prioritising capital appreciation and corporate-grade positioning should target high floors, accepting modestly higher entry prices.

What is the future supply pipeline for B1 industrial space in the Lavender and Geylang Lorong districts?

The Lavender precinct has experienced moderate new B1 and commercial supply over the past 3–5 years, with several purpose-built business centres and converted industrial projects coming to market. Government land sales data suggests limited large-scale industrial land releases in the immediate Lavender locality over the next 2–3 years, though several small-scale developments are under construction in adjacent Geylang Lorong areas. The broader Eastern Singapore industrial corridor—encompassing Changi, Tampines, and Macpherson zones—continues to absorb logistics and e-commerce demand, potentially moderating rental growth in Lavender but also providing indirect support through spillover tenant interest. Regulatory land-use planning increasingly favours mixed-use redevelopment over pure industrial, meaning future supply is likely to comprise smaller B1 units rather than large-format warehouses, supporting continued premium pricing for fully fitted, professional-grade space like CT Hub 2. Investors should monitor government industrial land tender pipelines and monitor local planning authority announcements for potential supply influxes that could pressure rental rates. The medium-term outlook (3–5 years) remains supportive of existing stock values, given constrained near-term supply and sustained e-commerce and media sector demand.

Light Industrial At 114 Lavender Street — From S$3,650