Binjai Park
Binjai Park is a commercial building in District 21 · Bukit Timah, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is 999-year leasehold. 2 transactions are on record since 1995, most recently in Mar 2012. ACRA records 4 live company registrations at this address.
What are the key facts about Binjai Park?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- Subject to Evaluation
- Tenure
- 999-year leasehold
- District / Area
- District 21 · Bukit Timah
- Address
- 23 Binjai Park
- Land area
- —
- Transactions on record
- 2 (records start 1995)
- Live listings
- None
- ACRA registrations
- 4
About Binjai Park
Binjai Park is a mixed-use building in Bukit Timah (District 21). It is located along Binjai Park, Singapore 589828.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.
The site is 999-year leasehold, with about 848 years remaining on the lease.
2 transactions have been recorded here, at a median of S$1,766 psf. The most recent was in March 2012.
4 businesses are currently registered at this address with ACRA.
The nearest MRT is King Albert Park MRT, 402 m away (about a 6-minute walk). The closest bus stop (Opp The Nexus) is 211 m away (about a 3-minute walk).
What is Binjai Park zoned as?
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Binjai Park sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2012 | Shop House | S$3.00M | 1,302 sqft | $2,303 |
| Apr 2010 | Shop House | S$1.60M | 1,302 sqft | $1,228 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Binjai Park price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Binjai Park?
Indicative area yield — District 21 retail
An INDICATIVE AREA yield for District 21 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 21 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| B1 & Below · 30 & Below | $92.04 | $108.65 | $118.23 |
| Level 1 · 30 & Below | $100.70 | $111.11 | $125.37 |
| Level 4 & Above · 30 & Below | $64.71 | $83.33 | $230.77 |
| Level 2 & 3 · 30 & Below | $75.95 | $86.67 | $106.82 |
| Level 1 · >30 - 100 | $79.48 | $108.70 | $115.76 |
| Level 2 & 3 · >30 - 100 | $64.95 | $101.85 | $109.05 |
| B1 & Below · >30 - 100 | $82.35 | $117.71 | $125.00 |
| Level 1 · >100 - 300 | $48.88 | $54.71 | $55.32 |
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 Binjai Park?
Getting around
- King Albert Park MRT403 m · ~6 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Binjai Park?
- Live registrations
- 4
- Registered last 3 years
- 2
- 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.
Frequently asked questions about Binjai Park
Where is Binjai Park?⌄
Binjai Park is at 23 Binjai Park, Singapore 589828, in the Bukit Timah planning area.
What is Binjai Park zoned as?⌄
Binjai Park sits on land zoned residential with commercial at 1st storey under the URA Master Plan.
What is the tenure of Binjai Park?⌄
Binjai Park is 999-year leasehold. About 848 years remain on the lease.
What have units at Binjai Park sold for?⌄
Across 2 recorded transactions, the median price is S$1,766 psf. The latest was in March 2012.
What is the nearest MRT station to Binjai Park?⌄
King Albert Park MRT is the closest, 402 m away (about a 6-minute walk).
How many businesses are registered at Binjai Park?⌄
4 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 Binjai Park.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Binjai Park.