CommercialRESIDENTIAL999-year leaseholdDistrict 23 · Bukit Panjang

Hazel Park Condo

Reviewed by Nathan TangUpdated 10 August 2026Data through Jan 2004
Quick Summary

Hazel Park Condo is a commercial building in District 23 · Bukit Panjang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 2.1. It is 999-year leasehold. 1 transaction is on record since 1995, most recently in Jan 2004. ACRA records 2 live company registrations at this address.

1

What are the key facts about Hazel Park Condo?

Key takeawayHazel Park Condo is a commercial building in District 23 · Bukit Panjang, zoned RESIDENTIAL, held 999-year leasehold.
Asset class
Commercial
Land-use zone
RESIDENTIAL
Gross plot ratio
2.1
Tenure
999-year leasehold
District / Area
District 23 · Bukit Panjang
Address
23 Hazel Park Terrace
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
2
2

About Hazel Park Condo

Hazel Park Condo is a mixed-use building in Bukit Panjang (District 23). It is located along Hazel Park Terrace, Singapore 678947.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 2.1.

The site is 999-year leasehold, with about 855 years remaining on the lease.

1 transaction has been recorded here, at a median of S$978 psf. The most recent was in January 2004.

2 businesses are currently registered at this address with ACRA.

The nearest MRT is Cashew MRT, 454 m away (about a 7-minute walk). The closest bus stop (Aft Cashew Terr) is 300 m away (about a 5-minute walk).

3

What is Hazel Park Condo zoned as?

Key takeawayHazel Park Condo sits on land zoned RESIDENTIAL with a gross plot ratio of 2.1.
Land-use zone
RESIDENTIAL
Gross plot ratio
2.1

Run the full zoning report for this building →

4

What has Hazel Park Condo sold for?

Key takeaway1 transaction is on record since 1995, most recently in Jan 2004 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jan 2004RetailS$200k205 sqft$978

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

What do commercial rents run near Hazel Park Condo?

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.

6

What is near Hazel Park Condo?

Key takeawayThe nearest MRT/LRT is Cashew MRT, about 455 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Educational Institution · 122 mCashew Rd Interim Pk · 290 mPlace Of Worship · 292 mAft Cashew Terr · 301 mPetir LRT Exit A · 450 mPetir Family Clinic · 467 mBukit Panjang Community Club · 620 m

Competing premises nearby

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

Hillion Mall · 615 mBukit Panjang Hawker Centre & Market · 870 m

Straight-line distances. Source: PropKaki amenities data.

7

How many companies are registered at Hazel Park Condo?

Key takeawayACRA records 2 live company registrations at this address, 1 of them in the last three years.
Live registrations
2
Registered last 3 years
1
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.

8

Frequently asked questions about Hazel Park Condo

Where is Hazel Park Condo?

Hazel Park Condo is at 23 Hazel Park Terrace, Singapore 678947, in the Bukit Panjang planning area.

What is Hazel Park Condo zoned as?

Hazel Park Condo sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 2.1.

What is the tenure of Hazel Park Condo?

Hazel Park Condo is 999-year leasehold. About 855 years remain on the lease.

What have units at Hazel Park Condo sold for?

Across 1 recorded transaction, the median price is S$978 psf. The latest was in January 2004.

What is the nearest MRT station to Hazel Park Condo?

Cashew MRT is the closest, 454 m away (about a 7-minute walk).

How many businesses are registered at Hazel Park Condo?

2 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.

For agents · in the PropKaki app

The facts are here — now get the verdict on Hazel Park Condo.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about Hazel Park Condo — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…

This development is also registered as the residential project Hazel Park Condo.

Chat on WhatsApp