CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREY999-year leaseholdDistrict 21 · Bukit Timah

Binjai Park

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2013
Quick Summary

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 Jun 2013. ACRA records 2 live company registrations at this address.

1

What are the key facts about Binjai Park?

Key takeawayBinjai Park is a commercial building in District 21 · Bukit Timah, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held 999-year leasehold.
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
5 Binjai Park
Land area
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
2
2

About Binjai Park

Binjai Park is a mixed-use building in Bukit Timah (District 21). It is located along Binjai Park, Singapore 589820.

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$2,480 psf. The most recent was in June 2013.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is King Albert Park MRT, 358 m away (about a 6-minute walk). The closest bus stop (The Nexus) is 163 m away (about a 2-minute walk).

3

What is Binjai Park zoned as?

Key takeawayBinjai Park 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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 Binjai Park sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jun 2013 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jun 2013Shop HouseS$3.40M1,270 sqft$2,677
Mar 2013Shop HouseS$2.90M1,270 sqft$2,283

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 Binjai Park price?

Strata sales on the street (5y)
1

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 Binjai Park?

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

Indicative area yield — District 21 retail

Gross yield (area)
3.7%
3.3% net of property tax
Rent side (median of bands)
$105.25 psm/mo
2026Q2
Price side (strata, 5y)
$3,204 psf
87 sales

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 band25th pctMedian75th 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.

7

What is near Binjai Park?

Key takeawayThe nearest MRT/LRT is King Albert Park MRT, about 358 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

C.M.C. Wong Binjai Clinic · 79 mThe Nexus · 163 mHua Guan Crescent Pg · 215 mKing Albert Park MRT Exit B · 229 mEducational Institution · 388 m

Competing premises nearby

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

Century Global Pte. Ltd. · 0 mKap Mall · 819 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Binjai Park?

Key takeawayACRA records 2 live company registrations at this address.
Live registrations
2
Registered last 3 years
0
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.

9

Frequently asked questions about Binjai Park

Where is Binjai Park?

Binjai Park is at 5 Binjai Park, Singapore 589820, 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$2,480 psf. The latest was in June 2013.

What is the nearest MRT station to Binjai Park?

King Albert Park MRT is the closest, 358 m away (about a 6-minute walk).

How many businesses are registered at Binjai Park?

2 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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This development is also registered as the residential project Binjai Park.

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