CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYDistrict 20 · Bishan

23 Sin Ming Road

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

23 Sin Ming Road is a commercial building in District 20 · Bishan, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 25 live company registrations at this address.

1

What are the key facts about 23 Sin Ming Road?

Key takeaway23 Sin Ming Road is a commercial building in District 20 · Bishan, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 20 · Bishan
Address
Land area
12,625 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
25

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 23 Sin Ming Road

23 Sin Ming Road is a commercial building in Bishan (District 20). It is located along Sin Ming Road, Singapore 570023.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey with a gross plot ratio of 2.8.

It occupies roughly 12,625 sqm of land with about 35,350 sqm of gross floor area.

25 businesses are currently registered at this address with ACRA.

The nearest MRT is Upper Thomson MRT, 325 m away (about a 5-minute walk). The closest bus stop (Blk 23) is 64 m away (about a 1-minute walk). Thomson Plaza is 546 m away (about a 8-minute walk).

3

What is 23 Sin Ming Road zoned as?

Key takeaway23 Sin Ming Road sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
2.8

Run the full zoning report for this building →

4

How does Sin Ming Road price?

Key takeawayAcross 10 strata sales on Sin Ming Road in the last 5 years, the median is $3,129 psf.
Strata sales on the street (5y)
10
Street median PSF (strata)
$3,129

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

5

What do commercial rents run near 23 Sin Ming Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 20 retail

Gross yield (area)
6.7%
6.0% net of property tax
Rent side (median of bands)
$209.87 psm/mo
2026Q2
Price side (strata, 5y)
$3,493 psf
20 sales

An INDICATIVE AREA yield for District 20 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

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

Retail rents — District 20 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$71.06$617.70$698.19
Level 1 · 30 & Below$100.00$178.57$195.95
Level 2 & 3 · >30 - 100$142.31$189.39$218.01
Level 1 · >30 - 100$199.25$211.77$239.11
B1 & Below · >30 - 100$267.96$348.70$384.97
Level 2 & 3 · >100 - 300$151.86$207.96$270.18

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

6

What is near 23 Sin Ming Road?

Key takeawayThe nearest MRT/LRT is Upper Thomson MRT, about 325 m away.

Getting around

Amenities nearby

Blk 23 · 64 mDr Chen And Partners Medical Clinic · 130 mThomson Pk · 162 mPlace Of Worship · 167 mUpper Thomson MRT Exit 3 · 212 mSheng Siong Supermarket Pte Ltd · 280 mBlk 320 Shunfu Road · 288 mThomson Community Club · 354 mThomson Plaza · 546 mEducational Institution · 645 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at 23 Sin Ming Road?

Key takeawayACRA records 25 live company registrations at this address, 8 of them in the last three years.
Live registrations
25
Registered last 3 years
8
Most common type
Local Company

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.

8

Frequently asked questions about 23 Sin Ming Road

Where is 23 Sin Ming Road?

23 Sin Ming Road is at Sin Ming Road, Singapore 570023, in the Bishan planning area.

What is 23 Sin Ming Road zoned as?

23 Sin Ming Road sits on land zoned residential with commercial at 1st storey under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 23 Sin Ming Road?

No caveats have been lodged for 23 Sin Ming Road in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to 23 Sin Ming Road?

Upper Thomson MRT is the closest, 325 m away (about a 5-minute walk).

How many businesses are registered at 23 Sin Ming Road?

25 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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