Hillcrest Park
Hillcrest Park is a commercial building in District 11 · Bukit Timah, on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY under the URA Master Plan. It is freehold. 4 transactions are on record since 1995, most recently in Jul 2019. ACRA records 0 live company registrations at this address.
What are the key facts about Hillcrest Park?
- Asset class
- Commercial
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- Gross plot ratio
- Subject to Evaluation
- Tenure
- Freehold
- District / Area
- District 11 · Bukit Timah
- Address
- 12 Greenwood Avenue
- Land area
- —
- Transactions on record
- 4 (records start 1995)
- Live listings
- None
- ACRA registrations
- 0
About Hillcrest Park
Hillcrest Park is a mixed-use building in Bukit Timah (District 11). It is located along Greenwood Avenue, Singapore 289204.
Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.
The site is freehold.
4 transactions have been recorded here, at a median of S$1,182 psf. The most recent was in July 2019.
The nearest MRT is Tan Kah Kee MRT, 639 m away (about a 10-minute walk). The closest bus stop (Natl JC) is 487 m away (about a 8-minute walk).
What is Hillcrest Park zoned as?
- Land-use zone
- RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY
- 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 Do not quote a plot ratio, and do not compute buildable GFA from it.
What has Hillcrest Park sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Jul 2019 | Shop House | S$710k | 2,325 sqft | $305 |
| May 2012 | Shop House | S$5.10M | 2,325 sqft | $2,194 |
| Jul 2007 | Shop House | S$3.50M | 2,325 sqft | $1,505 |
| Mar 2004 | Shop House | S$2.00M | 2,325 sqft | $860 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Greenwood Avenue price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Hillcrest Park?
Indicative area yield — District 11 retail
An INDICATIVE AREA yield for District 11 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 11 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| B1 & Below · 30 & Below | $209.50 | $233.33 | $255.44 |
| Level 2 & 3 · 30 & Below | $203.49 | $216.36 | $290.21 |
| Level 4 & Above · >30 - 100 | $71.01 | $88.21 | $93.52 |
| Level 2 & 3 · >30 - 100 | $226.95 | $269.50 | $279.52 |
| Level 1 · >30 - 100 | $127.05 | $257.53 | $297.99 |
| Level 2 & 3 · >100 - 300 | $128.21 | $147.61 | $168.11 |
| Level 1 · >100 - 300 | $93.30 | $123.56 | $133.45 |
| B1 & Below · >300 | $74.32 | $85.03 | $88.43 |
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 Hillcrest Park?
Getting around
- Tan Kah Kee MRT639 m · ~10 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Hillcrest Park?
- Live registrations
- 0
- Registered last 3 years
- 0
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.
Frequently asked questions about Hillcrest Park
Where is Hillcrest Park?⌄
Hillcrest Park is at 12 Greenwood Avenue, Singapore 289204, in the Bukit Timah planning area.
What is Hillcrest Park zoned as?⌄
Hillcrest Park sits on land zoned residential with commercial at 1st storey under the URA Master Plan.
What is the tenure of Hillcrest Park?⌄
Hillcrest Park is freehold.
What have units at Hillcrest Park sold for?⌄
Across 4 recorded transactions, the median price is S$1,182 psf. The latest was in July 2019.
What is the nearest MRT station to Hillcrest Park?⌄
Tan Kah Kee MRT is the closest, 639 m away (about a 10-minute walk).
The facts are here — now get the verdict on Hillcrest Park.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Hillcrest Park.