Bukit Panjang Plaza
Bukit Panjang Plaza is a commercial building in District 23 · Bukit Panjang, on land zoned COMMERCIAL under the URA Master Plan. It is leasehold with roughly 67 years remaining. 94 transactions are on record since 1995, at a median S$2,027 psf, most recently in Jan 2026. ACRA records 9 live company registrations at this address.
What are the key facts about Bukit Panjang Plaza?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Leasehold
- District / Area
- District 23 · Bukit Panjang
- Address
- 1 Jelebu Road
- Land area
- 11,499 sqm
- Completed
- Not on record
- Storeys
- 4 (© OpenStreetMap contributors)
- Strata units (MCST)
- 91
- Managing agent
- CBRE PTE LTD
- Strata formed
- 2001 (MCST 2533)
- Owner
- CapitaLand Integrated Commercial Trust (part of the strata) (SGX filings)
- Car-park lots
- 317 (the owner's annual report (as filed on SGX))
- Submarket
- Suburban
- Units with a recorded sale
- At least 84
- Transactions on record
- 94 (records start 1995)
- Live listings
- None
- ACRA registrations
- 9
Who owns Bukit Panjang Plaza, and what is it valued at?
- Committed occupancy
- 99.9% (as of 31 Dec 2025)
- Tenants
- 120
- Car-park lots
- 317
- Land tenure
- Leasehold tenure of 99 years with effect from 1 December 1994
- Green Mark
- EDGE
- Major tenants
- National Library Board, NTUC Enterprise Co-Operative Ltd, Pan Pacific Retail Management (Singapore) Pte Ltd
- Announced 14 Jan 2026 · completed 27 Feb 2026Vendor sold Bukit Panjang Plaza for S$428 million (sale price) to Purchaser.
Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.
About Bukit Panjang Plaza
Bukit Panjang Plaza is a commercial building in Bukit Panjang (District 23). It is located along Jelebu Road, Singapore 677743.
Under the URA Master Plan it sits on land zoned commercial.
The site is leasehold, with about 67 years remaining on the lease. It occupies roughly 11,499 sqm of land with about 22,998 sqm of gross floor area.
94 transactions have been recorded here, at a median of S$2,027 psf. The most recent was in January 2026.
19 businesses are currently registered at this address with ACRA.
The nearest MRT is Bukit Panjang LRT, 303 m away (about a 5-minute walk). The closest bus stop (Bt Panjang Plaza) is 50 m away (about a 1-minute walk).
What is Bukit Panjang Plaza zoned as?
- 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.
What has Bukit Panjang Plaza sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jan 2026 | Retail | S$428.00M | 143,409 sqft | $2,984 |
| Jan 2010 | Retail | S$244.24M | 143,409 sqft | $1,703 |
| Nov 2003 | Retail | S$1.20M | 689 sqft | $1,737 |
| Nov 2003 | Retail | S$948k | 344 sqft | $2,751 |
| Nov 2003 | Retail | S$806k | 450 sqft | $1,791 |
| Nov 2003 | Retail | S$1.39M | 915 sqft | $1,520 |
| Nov 2003 | Retail | S$4.39M | 6,060 sqft | $724 |
| Nov 2003 | Retail | S$1.35M | 517 sqft | $2,607 |
| Nov 2003 | Retail | S$3.43M | 5,404 sqft | $634 |
| Nov 2003 | Retail | S$864k | 397 sqft | $2,175 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter
What does space at Bukit Panjang Plaza rent for?
Retail space on Jelebu Road
Street level · 2026Q3S$ per sq ft per month · median +8.6% on a year earlier
URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.
Source: URA rental statistics by street (IRAS-stamped contracts).
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 Bukit Panjang Plaza
- 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 Bukit Panjang Plaza?
- 24 Sept 2026ApprovedFloor 2Change of use to restaurant
Proposed change of use of units #02-XX and #02-XX to restaurant at bukit panjang plaza
- 9 Jul 2026ApprovedFloor 2Change of use to restaurant
Proposed change of use to restaurant at units #02-XX at bukit panjang plaza
- 3 Nov 2025ApprovedFloor 3Change of use to amusement centre
Proposed change of use of unit #03-XX to amusement centre at bukit panjang plaza
- 11 Aug 2025ApprovedFloor 1Change of use to medical clinic
Proposed change of use (cou) of existing shop (unit#01-XX) to medical clinic at 1st storey of the existing 4-storey shopping & entertainment complex (bukit panjang plaza) on lots 860v mk14 at 1 jelebu road (bukit panjang planning area)
- 29 Oct 2024RenewedFloor 4Continued use as massage establishment
Continued use of unit #04-XX as massage establishment at bukit panjang plaza
- 14 Oct 2024RenewedChange of use
Continued use of 3 car parking lots (lot nos. 25a, 25b & 25c) on lot 00860v mk14 at 1 jelebu road basement 1 for car polishing and waxing service
- 12 Sept 2024RenewedFloor 1Continued use as massage establishment
Continued use of unit #01-XX to massage establishment at bukit panjang plaza
- 19 Jul 2024ApprovedFloor 3Change of use to supermarket
Proposed change of use (cou) of existing shop (unit #03-XX) to supermarket at 3rd storey of the existing 4-storey shopping & entertainment complex (bukit panjang plaza) on lots 860v mk14 at 1 jelebu road (bukit panjang planning area)
- 29 Sept 2022ApprovedChange of use: customer service counter → shop
Proposed change of use of unit #02-XX from customer service counter to shop at bukit panjang plaza
- 22 Apr 2022ApprovedFloor 3Change of use to commercial school
Proposed change of use of units #03-XX, #03-XX, #03-XX, #03-XX & #03-XX to commercial school at bukit panjang plaza
- 22 Dec 2021RenewedChange of use
Continued use of 3 car parking lots (lot nos. 25a, 25b & 25c) on lot 00860v mk14 at 1 jelebu road basement 1 for car polishing and waxing service (bukit panjang planning area)
- 13 Dec 2021ApprovedFloor 1Change of use to massage establishment
Proposed change of use of unit #01-XX to massage establishment at bukit panjang plaza
56 earlier change-of-use and A&A decisions are on record since 2000.
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$54.50 per unit).
How does Jelebu Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Bukit Panjang Plaza?
Indicative area yield — District 23 retail
An INDICATIVE AREA yield for District 23 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 23 ($ 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 Bukit Panjang Plaza?
Getting around
- Bukit Panjang LRT303 m · ~5 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.
Getting there and parking at Bukit Panjang Plaza
nearest MRT/LRT Bukit Panjang (BP6/DT1) 288 m, about 85,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 19, about 80,000 taps a weekday; Bukit Panjang: 9,091 resident workers (Census 2020, by workplace); about 91,000 residents within 1 km (June 2026); 2 other malls 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
- Bukit Panjang (BP6 / DT1)288 m · about 85,000 weekday taps
- Senja (BP13)304 m · 2,482 weekday taps
- Petir (BP7)427 m · 2,349 weekday taps
- Phoenix (BP5)669 m · 4,095 weekday taps
- Jelapang (BP12)695 m · 6,292 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 Bukit Panjang Plaza. Transfers between lines don't tap, so interchanges read low.
Bus
19 bus stops within 400 m, with about 80,000 boardings and alightings on an average weekday.
Public car parks within 500 m
- Bt Panjang Plaza (development car park)99 mrates not published as open data
- Blk 177A Lompang Road (HDB)115 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 497 car lots
- Blk 181A Jelebu Road (HDB)136 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 553 car lots
- Blk 185A Jelebu Road (HDB)214 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 319 car lots
- Blk 180A Lompang Road (HDB)234 mS$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 232 car lots
HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.
Nearest URA season parking: Service Rd (Choa Chu K Ang Ave 1), 2.1 km away, S$90/month.
Public car parks only, by straight-line distance, with the operator's published rates. Bukit Panjang Plaza's own car park, if it has one, and its charges are not in the open data.
Who's registered at Bukit Panjang Plaza?
- Accommodation and food services4
- Other services3
- Manufacturing1
- Professional, scientific and technical services1
- Wholesale and retail trade0
Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.
Frequently asked questions about Bukit Panjang Plaza
Where is Bukit Panjang Plaza?⌄
Bukit Panjang Plaza is at 1 Jelebu Road, Singapore 677743, in the Bukit Panjang planning area.
What is Bukit Panjang Plaza zoned as?⌄
Bukit Panjang Plaza sits on land zoned commercial under the URA Master Plan.
What is the tenure of Bukit Panjang Plaza?⌄
Bukit Panjang Plaza is leasehold. About 67 years remain on the lease.
What have units at Bukit Panjang Plaza sold for?⌄
Across 94 recorded transactions, the median price is S$2,027 psf. The latest was in January 2026.
What is the nearest MRT station to Bukit Panjang Plaza?⌄
Bukit Panjang LRT is the closest, 303 m away (about a 5-minute walk).
How many businesses are registered at Bukit Panjang Plaza?⌄
19 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 Bukit Panjang Plaza.
Ask what a unit here would fetch, what the zone allows, or how it compares.
Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
