CommercialCOMMERCIAL & RESIDENTIALDistrict 23 · Bukit Panjang

Greenridge Shopping Centre

Reviewed by Nathan TangUpdated 8 November 2026

Quick Summary

Greenridge Shopping Centre is a commercial building in District 23 · Bukit Panjang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan. ACRA records 0 live company registrations at this address.

The facts are here — now get the verdict on Greenridge Shopping Centre.

Ask PropKaki

What are the key facts about Greenridge Shopping Centre?

Key takeawayGreenridge Shopping Centre is a commercial building in District 23 · Bukit Panjang, zoned COMMERCIAL & RESIDENTIAL.

Asset class: Commercial
Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: Subject to Evaluation
Tenure: Not on record
District / Area: District 23 · Bukit Panjang
Address: 524a Jelapang Road
Land area: 11,149 sqm
Completed: 2000 (HDB Property Information)
Storeys: 3 (HDB Property Information)
Submarket: Suburban
Transactions on record: None recorded
Live listings: None
ACRA registrations: 0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

About Greenridge Shopping Centre

Greenridge Shopping Centre is a commercial building in Bukit Panjang (District 23). It is located along 524AJelapang Road, Singapore 671524.

Under the URA Master Plan it sits on land zoned commercial & residential.

It occupies roughly 11,149 sqm of land with about 7,533 sqm of gross floor area.

23 businesses are currently registered at this address with ACRA.

The nearest MRT is Jelapang LRT, 260 m away (about a 4-minute walk). The closest bus stop (Blk 506) is 192 m away (about a 3-minute walk). Bukit Panjang Plaza is 677 m away (about a 11-minute walk).

What is Greenridge Shopping Centre zoned as?

Key takeawayGreenridge Shopping Centre sits on land zoned COMMERCIAL & RESIDENTIAL.

Land-use zone: COMMERCIAL & RESIDENTIAL
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 Do not quote a plot ratio, and do not compute buildable GFA from it.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 →

What does space at Greenridge Shopping Centre rent for?

Key takeawayNo street- or building-level rent is published here. Across District 23 retail, retail space rented at a median of $23.77 psf a month in 2026Q3, with the middle half of leases between $22.95 and $25.51. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 23 retail

Region band · 2026Q3

25th pct

$22.95

$247.02 psm

Median

$23.77

$255.89 psm

75th pct

$25.51

$274.59 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 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 Greenridge Shopping Centre

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m 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.

What's been approved at Greenridge Shopping Centre?

Key takeawayURA has approved 9 changes of use at Greenridge Shopping Centre since 2000, most recently in 2024. 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.

17 Dec 2025Approved
Additions & alterations
Proposed a&a works to existing 3-storey greenridge shopping centre involving a new covered public space on lot 01092p & 01093t mk 14 at 524a jelapang rd, singapore 671524 (bukit panjang planning area)
23 Oct 2024ApprovedFloor 3
Change of use to betting outlet
Proposed change of use of unit #03-XX to betting outlet at greenridge shopping centre
20 May 2015Approved
Change of use to shop on the existing 2nd storey of greenridge shopping centre
Proposed change of use of common area to shop on the existing 2nd storey of greenridge shopping centre on lot 01093t mk 14 at 524a jelapang road (bukit panjang planning area)
2 Dec 2008Approved
Additions & alterations
Proposed addition and alteration works to existing 2nd & 3rd storey of greenbridge shopping centre
25 Jul 2002ApprovedFloor 3
Change of use
Proposed change of use of part of unit #03-XX from supermarket to 4d/ toto booth
8 May 2002ApprovedFloor 3
Change of use: shop → student care centre
Proposed change of use of unit #03-XX from shop to student care centre
14 May 2001ApprovedFloor 3
Change of use to commercial school
Proposed use of unit #03-XX as commercial school (enrichment school)
13 Mar 2001ApprovedFloor 3
Change of use to commercial school
Proposed use of unit #03-XX as commercial school (music school)
16 Oct 2000ApprovedFloor 3
Change of use to internet services and computer games
Proposed use of unit #03-XX as internet services and computer games
24 Aug 2000Approved
Change of use to foodcourt
Proposed use of circulation area as foodcourt
16 Jun 2000ApprovedFloor 3
Change of use to supermarket
Proposed use of unit #03-XX as supermarket

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).

What do commercial rents run near Greenridge Shopping Centre?

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

Indicative area yield — District 23 retail

Gross yield (area)

9.6%

8.6% net of property tax

Rent side (median of bands)

$255.89 psm/mo

2026Q3

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, 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 Greenridge Shopping Centre?

Key takeawayThe nearest MRT/LRT is Jelapang LRT, about 260 m away.

Getting around

Jelapang LRT260 m · ~4 min

Amenities nearby

Healthsprings Medical Clinic · 39 mCold Storage Singapore (1983) Pte Ltd · 44 mPlace Of Worship · 51 mEducational Institution · 75 mBlk 506 · 192 mJelapang LRT Exit A · 252 mSenja-Cashew Community Centre · 488 mSenja Hawker Centre · 636 mBukit Panjang Plaza · 677 mBukit Panjang Polyclinic · 781 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Greenridge Shopping Centre

Key takeawayThe nearest station is Jelapang (BP12), 234 m away — a quiet station, with 6,292 taps in and out on an average weekday. 22 public car parks are within 500 m.

Foot traffic: busier than 18% of retail buildings

nearest MRT/LRT Jelapang (BP12) 234 m, about 6,292 taps a weekday; 6 more stations within 1 km; bus stops within 400 m: 12, about 9,668 taps a weekday; Bukit Panjang: 9,091 resident workers (Census 2020, by workplace); about 91,000 residents within 1 km (June 2026); 3 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

Jelapang (BP12)234 m · 6,292 weekday taps
Segar (BP11)443 m · 7,358 weekday taps
Fajar (BP10)505 m · 6,675 weekday taps
Senja (BP13)517 m · 2,482 weekday taps
Petir (BP7)851 m · 2,349 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 Greenridge Shopping Centre. Transfers between lines don't tap, so interchanges read low.

Bus

12 bus stops within 400 m, with 9,668 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 524A Jelapang Road (HDB)17 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 140 car lots
Blk 525A Jelapang Road (HDB)138 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 140 car lots
Blk 518A Jelapang Road (HDB)151 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 484 car lots
Blk 505A Jelapang Road (HDB)170 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 664 car lots
Blk 529A Jelapang Road (HDB)171 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 512 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Service Rd (Choa Chu K Ang Ave 1), 2.5 km away, S$90/month.

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

Who's registered at Greenridge Shopping Centre?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list Greenridge Shopping Centre as their registered address on its shop floor. These are registered businesses, not who occupies the space.

Wholesale and retail trade
0
Accommodation and food services
0

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. HDB block: only the shop floor (level 1 and basements) is counted; the flats above are homes. ACRA, as of 2026-09-16.

Frequently asked questions about Greenridge Shopping Centre

Where is Greenridge Shopping Centre?⌄

Greenridge Shopping Centre is at 524A Jelapang Road, Singapore 671524, in the Bukit Panjang planning area.

What is Greenridge Shopping Centre zoned as?⌄

Greenridge Shopping Centre sits on land zoned commercial & residential under the URA Master Plan.

Have there been any recorded transactions at Greenridge Shopping Centre?⌄

No caveats have been lodged for Greenridge Shopping Centre in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Greenridge Shopping Centre?⌄

Jelapang LRT is the closest, 260 m away (about a 4-minute walk).

How many businesses are registered at Greenridge Shopping Centre?⌄

23 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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Read the figures right

Completion year: the year HDB records the block as completed (HDB Property Information).

Storeys: the block's highest floor level as HDB records it.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

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.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Tenure is not recorded for this building. Commercial tenure coverage is roughly 40% (industrial is far better at ~90%).

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from HDB Property Information, PropKaki's submarket map, URA planning decisions, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.