CommercialCOMMERCIALFreeholdDistrict 20 · Bishan

232,232a Upper Thomson Road

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2010
Quick Summary

232,232a Upper Thomson Road is a commercial building in District 20 · Bishan, on land zoned COMMERCIAL under the URA Master Plan. It is freehold. 2 transactions are on record since 1995, most recently in Oct 2010. 1 unit is currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about 232,232a Upper Thomson Road?

Key takeaway232,232a Upper Thomson Road is a commercial building in District 20 · Bishan, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 20 · Bishan
Address
232,232a Upper Thomson Road
Land area
Transactions on record
2 (records start 1995)
Live listings
1
ACRA registrations
0
2

About 232,232a Upper Thomson Road

232,232A Upper Thomson Road is a commercial property in Bishan (District 20). It is located along Upper Thomson Road, Singapore 574363.

Under the URA Master Plan it sits on land zoned commercial.

The site is freehold.

2 transactions have been recorded here, at a median of S$1,228 psf. The most recent was in October 2010.

The nearest MRT is Upper Thomson MRT, 286 m away (about a 4-minute walk). The closest bus stop (Sin Ming Plaza) is 83 m away (about a 1-minute walk).

3

What is 232,232a Upper Thomson Road zoned as?

Key takeaway232,232a Upper Thomson Road sits on land zoned COMMERCIAL.
Land-use zone
COMMERCIAL
Gross plot ratio
Subject to Evaluation

URA has not published a fixed plot ratio for this site — the Master Plan records "EVA" (Subject to Evaluation), meaning intensity is decided case by case on application. Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has 232,232a Upper Thomson Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in Oct 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Oct 2010Shop HouseS$2.73M1,886 sqft$1,448
Jul 2009Shop HouseS$1.90M1,886 sqft$1,008

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Upper Thomson Road price?

Strata sales on the street (5y)
8

Too few strata sales on this street to support a median — the count is shown without one.

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

6

What do commercial rents run near 232,232a Upper Thomson 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.

7

What is available at 232,232a Upper Thomson Road right now?

Key takeaway1 unit is currently listed at 232,232a Upper Thomson Road. One row per unit; several agents often market the same unit.

For rent (1)

  • Thomson Garden EstateS$12k/mo · 1,700 sqft

Browse every listing at this building →

8

What is near 232,232a Upper Thomson Road?

Key takeawayThe nearest MRT/LRT is Upper Thomson MRT, about 286 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Chong's Clinic · 16 mSin Ming Plaza · 83 mUpper Thomson MRT Exit 4 · 152 mThomson Pk · 158 mPlace Of Worship · 185 mThomson Community Club · 248 mEducational Institution · 755 mMount Alvernia Hospital · 1.3 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Sheng Siong Supermarket Pte Ltd · 173 mBlk 320 Shunfu Road · 238 mThomson Plaza · 497 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 232,232a Upper Thomson Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

10

Frequently asked questions about 232,232a Upper Thomson Road

Where is 232,232A Upper Thomson Road?

232,232A Upper Thomson Road is at 232,232A Upper Thomson Road, Singapore 574363, in the Bishan planning area.

What is 232,232A Upper Thomson Road zoned as?

232,232A Upper Thomson Road sits on land zoned commercial under the URA Master Plan.

What is the tenure of 232,232A Upper Thomson Road?

232,232A Upper Thomson Road is freehold.

What have units at 232,232A Upper Thomson Road sold for?

Across 2 recorded transactions, the median price is S$1,228 psf. The latest was in October 2010.

What is the nearest MRT station to 232,232A Upper Thomson Road?

Upper Thomson MRT is the closest, 286 m away (about a 4-minute walk).

For agents · in the PropKaki app

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