242 Bukit Panjang Ring Road
242 Bukit Panjang Ring Road is a commercial building in District 23 · Bukit Panjang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.8. ACRA records 9 live company registrations at this address.
What are the key facts about 242 Bukit Panjang Ring Road?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
- Tenure
- Not on record
- District / Area
- District 23 · Bukit Panjang
- Address
- —
- Land area
- 60,363 sqm
- Completed
- 1987 (HDB Property Information)
- Storeys
- 12 (HDB Property Information)
- Submarket
- Suburban
- Transactions on record
- None recorded
- Live listings
- None
- ACRA registrations
- 9
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.
About 242 Bukit Panjang Ring Road
242 Bukit Panjang Ring Road is a mixed-use building in Bukit Panjang (District 23). It is located along Bukit Panjang Ring Road, Singapore 670242.
Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.8.
It occupies roughly 60,363 sqm of land with about 165,026 sqm of gross floor area.
9 businesses are currently registered at this address with ACRA.
The nearest MRT is Bangkit LRT, 91 m away (about a 1-minute walk). The closest bus stop (Opp Bangkit Stn) is 58 m away (about a 1-minute walk). Bukit Panjang Plaza is 831 m away (about a 13-minute walk).
What is 242 Bukit Panjang Ring Road zoned as?
- Land-use zone
- RESIDENTIAL
- Gross plot ratio
- 2.8
What does space at 242 Bukit Panjang Ring Road rent for?
Retail space — District 23 retail
Region band · 2026Q3S$ per sq ft per month
A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 23 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.
Source: URA REALIS retail rental analysis (district × floor × size grid).
Market context around 242 Bukit Panjang Ring Road
- Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft
Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).
Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.
What's been approved at 242 Bukit Panjang Ring Road?
- 12 May 2014ApprovedAdditions & alterations
Proposed neighbourhood renewal programme comprising erection of new drop-off porches, covered linkways, pavilions, electrical substations, upgrading of residents' corner and park facilities at blk 234 to 245 , bukit panjang ring road
- 27 Jul 2009ApprovedAdditions & alterations
Prop extn of written permission for appd a/a to ext'g public housing development, blks 234 to 245 with new lifts/lift lobbies at bukit panjang n2c6, 7 & 7a at bukit panjang ring road (lift upgrading programme)
- 1 Mar 2007ApprovedAdditions & alterations
Propsed additions & alterations to ext'g public housing development, blks 234 to 245 with new lifts/lift lobbies at bukit panjang n2c6,6a,7 &7a at bukit panjang ring road (lift upgrading programme )
Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).
What do commercial rents run near 242 Bukit Panjang Ring Road?
Indicative area yield — District 23 retail
An INDICATIVE AREA yield for District 23 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 23 ($ psm/month, 2026Q3)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| B1 & Below · 30 & Below | $301.00 | $351.50 | $421.39 |
| Level 1 · 30 & Below | $337.00 | $386.49 | $398.56 |
| Level 4 & Above · >30 - 100 | $247.02 | $248.59 | $265.90 |
| Level 1 · >30 - 100 | $146.69 | $255.89 | $274.59 |
| B1 & Below · >30 - 100 | $312.82 | $320.00 | $323.19 |
| Level 2 & 3 · >30 - 100 | $168.47 | $207.40 | $244.22 |
| Level 1 · >100 - 300 | $87.55 | $123.10 | $164.64 |
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.
What is near 242 Bukit Panjang Ring Road?
Getting around
- Bangkit LRT91 m · ~1 min
Amenities nearby
Straight-line distances. Source: PropKaki amenities data.
Getting there and parking at 242 Bukit Panjang Ring Road
nearest MRT/LRT Bangkit (BP9) 87 m, about 4,558 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 13, about 19,000 taps a weekday; Bukit Panjang: 9,091 resident workers (Census 2020, by workplace); about 77,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.
A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.
Stations within 1 km
- Bangkit (BP9)87 m · 4,558 weekday taps
- Pending (BP8)423 m · 4,221 weekday taps
- Fajar (BP10)505 m · 6,675 weekday taps
- Petir (BP7)624 m · 2,349 weekday taps
- Segar (BP11)893 m · 7,358 weekday taps
Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to 242 Bukit Panjang Ring Road. Transfers between lines don't tap, so interchanges read low.
Bus
13 bus stops within 400 m, with about 19,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Blk 242-245 Bukit Panjang Ring Road (HDB)77 mS$0.60 per half-hour at midday on a weekday · 100 car lots
- Blk 234A Bukit Panjang Ring Road (HDB)107 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 356 car lots
- Blk 234-241 Bukit Panjang Ring Road (HDB)181 mS$0.60 per half-hour at midday on a weekday · gantry 4.5 m · 269 car lots
- Blk 443 Fajar Road (HDB)220 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 1,640 car lots
- Blk 257 Bangkit Road (HDB)224 mS$0.60 per half-hour at midday on a weekday · 63 car lots
HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.
Nearest URA season parking: Service Rd (Choa Chu K Ang Ave 1), 3.0 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. 242 Bukit Panjang Ring Road's own car park, if it has one, and its charges are not in the open data.
How many companies are registered at 242 Bukit Panjang Ring Road?
- Live registrations
- 9
- Registered last 3 years
- 5
- Most common type
- Sole Proprietorship/ Partnership
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.
Frequently asked questions about 242 Bukit Panjang Ring Road
Where is 242 Bukit Panjang Ring Road?⌄
242 Bukit Panjang Ring Road is at Bukit Panjang Ring Road, Singapore 670242, in the Bukit Panjang planning area.
What is 242 Bukit Panjang Ring Road zoned as?⌄
242 Bukit Panjang Ring Road 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 242 Bukit Panjang Ring Road?⌄
No caveats have been lodged for 242 Bukit Panjang Ring 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 242 Bukit Panjang Ring Road?⌄
Bangkit LRT is the closest, 91 m away (about a 1-minute walk).
How many businesses are registered at 242 Bukit Panjang Ring Road?⌄
9 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.
The facts are here — now get the verdict on 242 Bukit Panjang Ring Road.
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