CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 21 · Bukit Timah

Bukit Timah Plaza

Reviewed by Nathan TangUpdated 10 November 2026Data through Jun 2026
Quick Summary

Bukit Timah Plaza is a commercial building in District 21 · Bukit Timah, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 49 years remaining. 191 transactions are on record since 1995, at a median S$1,403 psf, most recently in Jun 2026. 45 units are currently listed for sale or rent. ACRA records 117 live company registrations at this address.

1

What are the key facts about Bukit Timah Plaza?

Key takeawayBukit Timah Plaza is a commercial building in District 21 · Bukit Timah, zoned COMMERCIAL & RESIDENTIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Leasehold
District / Area
District 21 · Bukit Timah
Address
1 Jalan Anak Bukit
Land area
17,253 sqm
Completed
1979 (per EdgeProp listings)
Storeys
14 (© OpenStreetMap contributors)
Strata lots (whole development, MCST)
454
Managing agent
ASIA PROPERTIES & ASSETS CONSULTANCY PTE LTD
Strata formed
1982 (MCST 0568)
Submarket
City Fringe
Units with a recorded sale
At least 106
Transactions on record
191 (records start 1995)
Live listings
45
ACRA registrations
117
2

About Bukit Timah Plaza

Bukit Timah Plaza is a mixed-use building in Bukit Timah (District 21). It is located along Jalan Anak Bukit, Singapore 588996.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.

The site is leasehold, with about 49 years remaining on the lease. It occupies roughly 17,253 sqm of land with about 51,759 sqm of gross floor area.

191 transactions have been recorded here, at a median of S$1,403 psf. The most recent was in June 2026.

185 businesses are currently registered at this address with ACRA.

The nearest MRT is Beauty World MRT, 423 m away (about a 7-minute walk). The closest bus stop (Pei Hwa Presby Pr Sch) is 182 m away (about a 3-minute walk).

3

What is Bukit Timah Plaza zoned as?

Key takeawayBukit Timah Plaza sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Urban design area
Beauty World Ud Area
BCA-verified envelope: allowable GFA 51,759 sqm · built 25,772 sqm · headroom 25,987 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Bukit Timah Plaza sold for?

Key takeawayAcross 191 recorded transactions since 1995, the median price is about S$690k, most recently in Jun 2026.
DateUsePriceAreaPSF
Jun 2026RetailS$1.38M603 sqft$2,289
Feb 2026RetailS$65.40M44,811 sqft$1,459
Nov 2025RetailS$1.05M312 sqft$3,364
Oct 2025OfficeS$1.05M323 sqft$3,252
Aug 2025RetailS$430k140 sqft$3,073
Jun 2025RetailS$1.00M366 sqft$2,732
Jun 2025RetailS$1.62M538 sqft$3,006
Jun 2025RetailS$1.42M614 sqft$2,314
Mar 2024RetailS$8.09M3,854 sqft$2,100
Mar 2024RetailS$2.13M969 sqft$2,198

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

5

What does space at Bukit Timah Plaza rent for?

Key takeawayNo rent is published for Bukit Timah Plaza itself. On its street, Jalan Anak Bukit, office space rented at a median of $15.97 psf a month in 2024Q4. That is not this building's own rent, and never a quote for a particular unit.

Office space on Jalan Anak Bukit

Street level · 2024Q4
25th pct
—
— psm
Median
$15.97
$171.88 psm
75th pct
—
— psm

S$ per sq ft per month (median only published)

URA's percentiles of OFFICE rents 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. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space on Jalan Anak Bukit

Street level · 2026Q3
25th pct
$10.10
$108.70 psm
Median
$10.75
$115.76 psm
75th pct
$12.16
$130.87 psm

S$ per sq ft per month · median -8.7% on a year earlier

2023Q4 · $113.20 psm2026Q3 · $115.76 psm median

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 21 retail

Region band · 2026Q3
25th pct
$6.85
$73.69 psm
Median
$9.06
$97.54 psm
75th pct
$12.39
$133.41 psm

S$ 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 21 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).

6

Market context around Bukit Timah Plaza

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Other City Areas: Rent S$21.21 psf/mth · Vacancy 7.4% (1Q 2026) · Planned / under construction 0.73m sq ft
Singapore Retail MarketBeat Q2 2026

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.

7

How fast units move at Bukit Timah Plaza

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 25 units for rent; 20 units for sale.

Rent: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 3 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

Sale: between 6 Aug 2026 and 28 Aug 2026, 3 new listings appeared and 3 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Bukit Timah Plaza?

Key takeawayURA has approved 86 changes of use at Bukit Timah Plaza since 2000, most recently in 2026. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 18 Sept 2026ApprovedFloor B2
    Change of use to massage establishment

    Proposed change of use of shop unit #B2-XX to massage establishment

  2. 28 Aug 2026Agency worksFloor B2
    Change of use to commercial school

    Lodgment for proposed use of unit #B2-XX as commercial school

  3. 7 May 2026ApprovedFloor 1
    Change of use to massage establishment

    Proposed change of use of units #01-XX, #01-XX & #01-XX to massage establishment at bukit timah plaza

  4. 16 Jan 2026Agency worksFloor 1
    Change of use to commercial school

    Lodgment for proposed use of part of unit #01-XX as commercial school

  5. 27 Nov 2025ApprovedFloor 1
    Change of use

    Proposed change of use of unit #01-XX to part student care centre and part restaurant at bukit timah plaza

  6. 17 Jun 2025ApprovedFloor 1
    Change of use to commercial school

    Proposed change of use of unit #01-XX to commercial school at bukit timah plaza

  7. 6 May 2025Approved
    Change of use to amusement centre

    Proposed change of use of #02-XX to amusement centre at bukit timah plaza

  8. 14 Mar 2025ApprovedFloor B1
    Change of use to shop

    Proposed change of use of #B1-XX to shop at bukit timah plaza

  9. 12 Feb 2025ApprovedFloor 2
    Change of use to massage establishment

    Proposed change of use of unit #02-XX to massage establishment at bukit timah plaza

  10. 12 Dec 2024Agency worksFloor 1
    Change of use to commercial school

    Proposed change of use of #01-XX to commercial school at bukit timah plaza

  11. 19 Nov 2024Agency worksFloor B1
    Change of use to gym/fitness centre

    Lodgment for proposed use of units #B1-XX, #B1-XX, #B1-XX, #B1-XX & #B1-XX as gym/fitness centre

  12. 12 Nov 2024ApprovedFloor 1
    Change of use to commercial school

    Proposed change of use of units #01-XX, #01-XX and #01-XX to commercial school at bukit timah plaza

85 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).

9

How does Jalan Anak Bukit price?

Key takeawayAcross 17 strata sales on Jalan Anak Bukit in the last 5 years, the median is $2,920 psf.
Strata sales on the street (5y)
17
Street median PSF (strata)
$2,920

Street figures cover strata deals only — land and strata PSF are not comparable.

10

What do commercial rents run near Bukit Timah Plaza?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 21 retail

Gross yield (area)
3.4%
3.1% net of property tax
Rent side (median of bands)
$97.54 psm/mo
2026Q3
Price side (strata, 5y)
$3,167 psf
78 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, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 4 & Above · 30 & Below$75.00$95.93$296.05
B1 & Below · 30 & Below$129.54$130.87$131.18
Level 2 & 3 · 30 & Below$72.37$91.30$135.64
Level 1 · 30 & Below$116.15$117.71$140.36
Level 2 & 3 · >30 - 100$81.25$90.65$96.86
Level 1 · >30 - 100$71.20$99.14$117.50
B1 & Below · >30 - 100$69.66$112.84$146.06
Level 1 · >100 - 300$71.86$89.37$105.73

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.

11

What is available at Bukit Timah Plaza right now?

Key takeaway45 units are currently listed at Bukit Timah Plaza — 20 for sale and 25 for rent. One row per unit; several agents often market the same unit.

For sale (20)

  • Bukit Timah Plaza2 agentsS$820k · 248 sqft
  • Bukit Timah PlazaS$1.76M · 474 sqft
  • Bukit Timah PlazaS$2.20M · 614 sqft
  • Bukit Timah Plaza2 agentsS$6.00M · 1,856 sqft

For rent (25)

  • Bukit Timah PlazaS$10k/mo · 1,206 sqft
  • Bukit Timah PlazaS$11k/mo · 1,206 sqft
  • Bukit Timah PlazaS$9k/mo · 678 sqft
  • Bukit Timah PlazaS$12k/mo · 1,206 sqft

Browse every listing at this building →

12

What is near Bukit Timah Plaza?

Key takeawayThe nearest MRT/LRT is Beauty World MRT, about 423 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Chang Clinic · 9 mEducational Institution · 163 mPei Hwa Presby Pr Sch · 183 mRailway Corridor Rifle Range Connector · 317 mBeauty World MRT Exit C · 348 mPlace Of Worship · 509 mBukit Timah Community Club · 791 m

Competing premises nearby

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

NTUC Fairprice Co-operative Ltd · 14 mKap Mall · 215 mBukit Timah Market · 445 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Bukit Timah Plaza

Key takeawayThe nearest station is Beauty World (DT5), 348 m away — a moderately busy station, with about 33,000 taps in and out on an average weekday. 2 public car parks are within 500 m.
Foot traffic: busier than 24% of retail buildings

nearest MRT/LRT Beauty World (DT5) 348 m, about 33,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 8, about 21,000 taps a weekday; Bukit Timah: 21,362 resident workers (Census 2020, by workplace); about 15,000 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

  • Beauty World (DT5)348 m · about 33,000 weekday taps
  • King Albert Park (DT6)602 m · about 16,000 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 Timah Plaza. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 21,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Blk 1A Toh Yi Drive (HDB)480 m
    S$0.60 per half-hour at midday on a weekday · gantry 1.9 m
  • Jln Seh Chuan - Lor Ki Lat Off St (URA)497 m
    S$0.60 per half-hour at midday on a weekday · 7 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: Hillview Terrace, 2.8 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Bukit Timah Plaza's own car park, if it has one, and its charges are not in the open data.

14

Who's registered at Bukit Timah Plaza?

Key takeaway117 live companies (and LLPs and branches; sole proprietors are not counted) list Bukit Timah Plaza as their registered address. These are registered businesses, not who occupies the space.
  • Education
    36
  • Wholesale and retail trade
    14
  • Professional, scientific and technical services
    13
  • Other services
    12
  • Financial and insurance
    12
  • Accommodation and food services
    10
  • Health and social services
    6
  • Information and communications
    5
  • Arts, entertainment and recreation
    3
  • Administrative and support services
    2

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. Homes share this postal code, so some registrations are home-based. ACRA, as of 2026-09-16.

15

What is Bukit Timah Plaza's BCA building profile?

BCA building type
Retail
Green Mark
Gold (2012)
Energy use intensity
366 kWh/m²·yr
16

Frequently asked questions about Bukit Timah Plaza

Where is Bukit Timah Plaza?⌄

Bukit Timah Plaza is at 1 Jalan Anak Bukit, Singapore 588996, in the Bukit Timah planning area.

What is Bukit Timah Plaza zoned as?⌄

Bukit Timah Plaza sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Bukit Timah Plaza?⌄

Bukit Timah Plaza is leasehold. About 49 years remain on the lease.

What have units at Bukit Timah Plaza sold for?⌄

Across 191 recorded transactions, the median price is S$1,403 psf. The latest was in June 2026.

What is the nearest MRT station to Bukit Timah Plaza?⌄

Beauty World MRT is the closest, 423 m away (about a 7-minute walk).

How many businesses are registered at Bukit Timah Plaza?⌄

185 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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