CommercialCOMMERCIALLeaseholdDistrict 23 · Bukit Panjang

Bukit Panjang Plaza

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

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, most recently in Jan 2026. ACRA records 19 live company registrations at this address.

1

What are the key facts about Bukit Panjang Plaza?

Key takeawayBukit Panjang Plaza is a commercial building in District 23 · Bukit Panjang, zoned COMMERCIAL, held leasehold.
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
Transactions on record
94 (records start 1995)
Live listings
None
ACRA registrations
19
2

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).

3

What is Bukit Panjang Plaza zoned as?

Key takeawayBukit Panjang Plaza sits on land zoned COMMERCIAL.
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Bukit Panjang Plaza sold for?

Key takeawayAcross 94 recorded transactions since 1995, the median price is about S$730k, most recently in Jan 2026.
DateUsePriceAreaPSF
Jan 2026RetailS$428.00M143,409 sqft$2,984
Jan 2010RetailS$244.24M143,409 sqft$1,703
Nov 2003RetailS$698k344 sqft$2,025
Nov 2003RetailS$2.62M786 sqft$3,330
Nov 2003RetailS$1.20M517 sqft$2,317
Nov 2003RetailS$1.48M538 sqft$2,751
Nov 2003RetailS$179k334 sqft$537
Nov 2003RetailS$1.01M777 sqft$1,301
Nov 2003RetailS$2.09M2,013 sqft$1,040
Nov 2003RetailS$616k353 sqft$1,744

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 Jelebu Road 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 Bukit Panjang Plaza?

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

Indicative area yield — District 23 retail

Gross yield (area)
8.3%
7.5% net of property tax
Rent side (median of bands)
$223.62 psm/mo
2026Q2
Price side (strata, 5y)
$2,984 psf
11 sales

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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$217.43$258.33$409.02
B1 & Below · 30 & Below$426.37$606.36$660.99
B1 & Below · >30 - 100$166.59$191.19$276.37
Level 1 · >30 - 100$175.38$223.62$277.64
Level 2 & 3 · >30 - 100$304.63$312.50$351.45
Level 2 & 3 · >100 - 300$109.86$166.97$213.74
Level 1 · >300$102.88$140.80$182.81

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 Bukit Panjang Plaza?

Key takeawayThe nearest MRT/LRT is Bukit Panjang LRT, about 303 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Bt Panjang Plaza · 50 mDr W K Koo & Associates · 73 mSenja-Cashew Community Centre · 148 mBukit Panjang LRT Exit D · 288 mPlace Of Worship · 359 mEducational Institution · 469 mBukit Panjang Polyclinic · 487 m

Competing premises nearby

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

Bukit Panjang Plaza · 80 mNTUC Fairprice Co-operative Ltd · 80 mSenja Hawker Centre · 808 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Bukit Panjang Plaza?

Key takeawayACRA records 19 live company registrations at this address, 3 of them in the last three years.
Live registrations
19
Registered last 3 years
3
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 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.

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