CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 11 · Bukit Timah

24 Greenwood Avenue

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026
Quick Summary

24 Greenwood Avenue is a commercial building in District 11 · Bukit Timah, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is freehold. 3 transactions are on record since 1995, most recently in Jul 2026. 1 unit is currently listed for sale. ACRA records 0 live company registrations at this address.

1

What are the key facts about 24 Greenwood Avenue?

Key takeaway24 Greenwood Avenue is a commercial building in District 11 · Bukit Timah, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
Gross plot ratio
Subject to Evaluation
Tenure
Freehold
District / Area
District 11 · Bukit Timah
Address
24 Greenwood Avenue
Land area
Transactions on record
3 (records start 1995)
Live listings
1
ACRA registrations
0
2

About 24 Greenwood Avenue

24 Greenwood Avenue is a commercial property in Bukit Timah (District 11). It is located along Greenwood Avenue, Singapore 289221.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.

The site is freehold.

3 transactions have been recorded here, at a median of S$3,248 psf. The most recent was in July 2026.

The nearest MRT is Tan Kah Kee MRT, 679 m away (about a 11-minute walk). The closest bus stop (Natl JC) is 474 m away (about a 7-minute walk).

3

What is 24 Greenwood Avenue zoned as?

Key takeaway24 Greenwood Avenue sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
Land-use zone
RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 24 Greenwood Avenue sold for?

Key takeaway3 transactions are on record since 1995, most recently in Jul 2026 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2026Shop HouseS$7.10M1,539 sqft$4,613
Jan 2016Shop HouseS$5.00M1,539 sqft$3,248
May 2015Shop HouseS$4.45M1,539 sqft$2,891

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 Greenwood Avenue price?

Strata sales on the street (5y)
2

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 24 Greenwood Avenue?

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

Indicative area yield — District 11 retail

Gross yield (area)
4.7%
4.2% net of property tax
Rent side (median of bands)
$181.99 psm/mo
2026Q2
Price side (strata, 5y)
$4,308 psf
16 sales

An INDICATIVE AREA yield for District 11 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 11 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$209.50$233.33$255.44
Level 2 & 3 · 30 & Below$203.49$216.36$290.21
Level 4 & Above · >30 - 100$71.01$88.21$93.52
Level 2 & 3 · >30 - 100$226.95$269.50$279.52
Level 1 · >30 - 100$127.05$257.53$297.99
Level 2 & 3 · >100 - 300$128.21$147.61$168.11
Level 1 · >100 - 300$93.30$123.56$133.45
B1 & Below · >300$74.32$85.03$88.43

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 24 Greenwood Avenue right now?

Key takeaway1 unit is currently listed at 24 Greenwood Avenue. One row per unit; several agents often market the same unit.

For sale (1)

  • Ground Floor Shop House for SaleS$8.00M · 1,539 sqft

Browse every listing at this building →

8

What is near 24 Greenwood Avenue?

Key takeawayThe nearest MRT/LRT is Tan Kah Kee MRT, about 679 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Educational Institution · 84 mWatten Heights Pg · 163 mNatl JC · 475 mTan Kah Kee MRT Exit B · 616 mPlace Of Worship · 750 mCrawfurd Hospital · 905 m

Competing premises nearby

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

Cold Storage Singapore (1983) Pte Ltd · 14 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at 24 Greenwood Avenue?

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 24 Greenwood Avenue

Where is 24 Greenwood Avenue?

24 Greenwood Avenue is at 24 Greenwood Avenue, Singapore 289221, in the Bukit Timah planning area.

What is 24 Greenwood Avenue zoned as?

24 Greenwood Avenue sits on land zoned residential with commercial at 1st storey under the URA Master Plan.

What is the tenure of 24 Greenwood Avenue?

24 Greenwood Avenue is freehold.

What have units at 24 Greenwood Avenue sold for?

Across 3 recorded transactions, the median price is S$3,248 psf. The latest was in July 2026.

What is the nearest MRT station to 24 Greenwood Avenue?

Tan Kah Kee MRT is the closest, 679 m away (about a 11-minute walk).

For agents · in the PropKaki app

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