Commercial buildings in District 23
PropKaki tracks 531 commercial buildings in District 23. Most sit on RESIDENTIAL land, with COMMERCIAL next. Across 12 recorded transactions in the last 5 years, the median price is about S$1.20M (S$2,868 psf). 52 units are listed for sale and 136 for rent.
Which commercial buildings are in District 23?
531 buildings are tracked in District 23 — the 60 most transacted are listed here.
- Bukit Panjang PlazaCOMMERCIAL · 94 txns
- MayspringsRESIDENTIAL · 15 txns
- The Dairy FarmRESIDENTIAL · 13 txns
- Hillview RegencyRESIDENTIAL · 9 txns
- Narra Residences4 txns
- Palm GardensRESIDENTIAL · 3 txns
- The PetalsRESIDENTIAL · 3 txns
- Hillview Garden EstateRESIDENTIAL · 2 txns
- 2 Phoenix RoadRESIDENTIAL · 2 txns
- Lot One Shoppers' MallCOMMERCIAL · 2 txns
- Bamboo Grove ParkRESIDENTIAL · 2 txns
- Phoenix HeightsRESIDENTIAL · 1 txn
- Hillview Garden EstateRESIDENTIAL · 1 txn
- Comfort GardenRESIDENTIAL · 1 txn
- Yewtee PointCOMMERCIAL & RESIDENTIAL · 1 txn
- Hazel Park CondoRESIDENTIAL · 1 txn
- Hillview Garden EstateRESIDENTIAL · 1 txn
- The Rail MallRESIDENTIAL · 1 txn
- The Rail MallRESIDENTIAL · 1 txn
- 4 Phoenix RoadRESIDENTIAL · 1 txn
- HillstaRESIDENTIAL · 1 txn
- 784 Upper Bukit Timah RoadRESIDENTIAL · 1 txn
- 8,8a Woodlands Road1 txn
- 808 Upper Bukit Timah RoadRESIDENTIAL · 1 txn
- 810 Upper Bukit Timah RoadRESIDENTIAL · 1 txn
- 826-834/A Upper Bukit Timah Road1 txn
- 10 Teck Whye AvenueRESIDENTIAL · no sales on record
- 103 Bukit Batok CentralRESIDENTIAL · no sales on record
- 103 Gangsa RoadRESIDENTIAL · no sales on record
- 103 Teck Whye LaneRESIDENTIAL · no sales on record
Showing 30 of 60 tracked buildings.
What do commercial properties in District 23 sell for?
Across 12 recorded transactions in the last 5 years, the median price is about S$1.20M (S$2,868 psf) — 5 deals of those in the last 12 months.
Transactions (12m)
5
URA/JTC records
Transactions (5y)
12
URA/JTC records
Median price (5y)
S$1.20M
last 5 years
Median PSF (5y)
S$2,868 psf
strata & land mix
| Use type | Transactions | Median PSF |
|---|---|---|
| Retail | 11 | S$2,984 psf |
| Shop House | 1 | — |
Only 12 transactions in the last 5 years for this scope. Treat as indicative at best; widen the area or the use type for a firmer read.
What is for sale or rent in District 23?
52 units are listed for sale and 136 for rent in District 23, one row per unit.
For sale
52
deduplicated units
For rent
136
deduplicated units
What are the most recent commercial deals in District 23?
The latest recorded deal in District 23 closed in Feb 2026 at S$1.20M (Narra Residences).
| Date | Property | Use | Price | PSF |
|---|---|---|---|---|
| Feb 2026 | Narra Residences | Retail | S$1.20M | $3,172 |
| Feb 2026 | Narra Residences | Retail | S$1.20M | $3,172 |
| Feb 2026 | Narra Residences | Retail | S$1.30M | $3,457 |
| Feb 2026 | Narra Residences | Retail | S$1.30M | $3,457 |
| Jan 2026 | Bukit Panjang Plaza | Retail | S$428.00M | $2,984 |
| Jun 2024 | The Rail Mall | Shop House | S$78.50M | $744 |
| Jun 2024 | Hillview Regency | Retail | S$382k | $2,730 |
| Nov 2023 | Maysprings | Retail | S$550k | $1,597 |
The latest recorded URA/JTC deals in District 23. Strata and land deals mix in one list — their PSF is not comparable.
What do retail rents run in District 23?
URA's contracted-rent percentiles for District 23 (2026Q2) — the benchmark an asking rent in District 23 should be weighed against.
| Floor level · size band | 25th pct | Median | 75th 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 |
$ psm/month, URA REALIS rental contracts. District 23is where most of this area's recent deals sit — a district benchmark, not a rent for any particular unit. Retail only; office rents are dimensioned by URA location, not district.
What is commercial land in District 23 zoned as?
Most tracked buildings in District 23 sit on RESIDENTIAL land, followed by COMMERCIAL (URA Master Plan).
Frequently asked questions
Which commercial buildings are in District 23?⌄
PropKaki tracks 531 commercial buildings in District 23, across Bukit Batok, Choa Chu Kang, Bukit Panjang, including Bukit Panjang Plaza, Maysprings, The Dairy Farm, Hillview Regency, Narra Residences.
What do commercial properties in District 23 sell for?⌄
Across 12 recorded transactions in the last 5 years, the median price in District 23 is about S$1.20M (S$2,868 psf). Strata and land deals are not directly comparable, so treat the median as context rather than a valuation.
What is commercial land in District 23 zoned as?⌄
Of the tracked buildings in District 23, 53 sit on RESIDENTIAL land, 2 sit on COMMERCIAL land, 1 sits on COMMERCIAL & RESIDENTIAL land, 1 sits on RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY land under the URA Master Plan.
Found the unit? Now check the asking price against the evidence.
PropKaki reads the same listings, then weighs them against recorded deals and rent benchmarks.
PropKakiUbi B1 asking rents cluster around the low-$2s psf for standard units — $6.50 would be at the very top of the range, so check what the unit offers.