CommercialRESIDENTIALDistrict 20 · Bishan

231 Bishan Street 23

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

231 Bishan Street 23 is a commercial building in District 20 · Bishan, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 8 live company registrations at this address.

1

What are the key facts about 231 Bishan Street 23?

Key takeaway231 Bishan Street 23 is a commercial building in District 20 · Bishan, zoned RESIDENTIAL.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8
Tenure
Not on record
District / Area
District 20 · Bishan
Address
Land area
46,908 sqm
Transactions on record
None recorded
Live listings
None
ACRA registrations
8

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 231 Bishan Street 23

231 Bishan Street 23 is a mixed-use building in Bishan (District 20). It is located along Bishan Street 23, Singapore 570231.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.

It occupies roughly 46,908 sqm of land with about 131,342 sqm of gross floor area.

8 businesses are currently registered at this address with ACRA.

The nearest MRT is Bishan MRT, 759 m away (about a 12-minute walk). The closest bus stop (Opp Bishan Nth Shop Mall) is 113 m away (about a 2-minute walk). Junction 8 is 824 m away (about a 13-minute walk).

3

What is 231 Bishan Street 23 zoned as?

Key takeaway231 Bishan Street 23 sits on land zoned RESIDENTIAL with a gross plot ratio of 2.8.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.8

Run the full zoning report for this building →

4

What do commercial rents run near 231 Bishan Street 23?

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.

5

What is near 231 Bishan Street 23?

Key takeawayThe nearest MRT/LRT is Bishan MRT, about 759 m away.

Getting around

Amenities nearby

Educational Institution · 83 mOpp Bishan Nth Shop Mall · 113 mRafflesMedical (Bishan) · 200 mNTUC Fairprice Co-operative Ltd · 229 mBishan North Community Centre · 399 mBishan-Ang Mo Kio Park (River Plains) · 492 mPlace Of Worship · 559 mBishan MRT Exit B · 745 mBlk 341 Ang Mo Kio Ave 1 · 803 mJunction 8 · 824 m

Straight-line distances. Source: PropKaki amenities data.

6

How many companies are registered at 231 Bishan Street 23?

Key takeawayACRA records 8 live company registrations at this address, 4 of them in the last three years.
Live registrations
8
Registered last 3 years
4
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.

7

Frequently asked questions about 231 Bishan Street 23

Where is 231 Bishan Street 23?

231 Bishan Street 23 is at Bishan Street 23, Singapore 570231, in the Bishan planning area.

What is 231 Bishan Street 23 zoned as?

231 Bishan Street 23 sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.8.

Have there been any recorded transactions at 231 Bishan Street 23?

No caveats have been lodged for 231 Bishan Street 23 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 231 Bishan Street 23?

Bishan MRT is the closest, 759 m away (about a 12-minute walk).

How many businesses are registered at 231 Bishan Street 23?

8 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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