CommercialRESIDENTIAL WITH COMMERCIAL AT 1ST STOREYFreeholdDistrict 11 · Bukit Timah

Hillcrest Park

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2001
Quick Summary

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. 1 transaction is on record since 1995, most recently in Dec 2001. ACRA records 3 live company registrations at this address.

1

What are the key facts about Hillcrest Park?

Key takeawayHillcrest Park is a commercial building in District 11 · Bukit Timah, zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY, held freehold.
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
14 Greenwood Avenue
Land area
Transactions on record
1 (records start 1995)
Live listings
None
ACRA registrations
3
2

About Hillcrest Park

Hillcrest Park is a mixed-use building in Bukit Timah (District 11). It is located along Greenwood Avenue, Singapore 289206.

Under the URA Master Plan it sits on land zoned residential with commercial at 1st storey.

The site is freehold.

1 transaction has been recorded here, at a median of S$664 psf. The most recent was in December 2001.

3 businesses are currently registered at this address with ACRA.

The nearest MRT is Tan Kah Kee MRT, 652 m away (about a 10-minute walk). The closest bus stop (Natl JC) is 483 m away (about a 8-minute walk).

3

What is Hillcrest Park zoned as?

Key takeawayHillcrest Park sits on land zoned RESIDENTIAL WITH COMMERCIAL AT 1ST STOREY.
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 Do not quote a plot ratio, and do not compute buildable GFA from it.

Run the full zoning report for this building →

4

What has Hillcrest Park sold for?

Key takeaway1 transaction is on record since 1995, most recently in Dec 2001 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Dec 2001Shop HouseS$1.00M1,507 sqft$664

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

How does Greenwood Avenue price?

Strata sales on the street (5y)
2

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.

6

What do commercial rents run near Hillcrest Park?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 11 retail

Gross yield (area)
4.7%
4.2% net of property tax
Rent side (median of bands)
$181.99 psm/mo
2026Q2
Price side (strata, 5y)
$4,308 psf
16 sales

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 band25th pctMedian75th 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.

7

What is near Hillcrest Park?

Key takeawayThe nearest MRT/LRT is Tan Kah Kee MRT, about 652 m away — and 1 competing retail premises operate nearby.

Getting around

Amenities nearby

Educational Institution · 83 mWatten Heights Pg · 141 mNatl JC · 483 mTan Kah Kee MRT Exit B · 587 mPlace Of Worship · 718 mCrawfurd Hospital · 873 m

Competing premises nearby

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

Cold Storage Singapore (1983) Pte Ltd · 20 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Hillcrest Park?

Key takeawayACRA records 3 live company registrations at this address, 2 of them in the last three years.
Live registrations
3
Registered last 3 years
2
Most common type
Sole Proprietorship/ Partnership

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.

9

Frequently asked questions about Hillcrest Park

Where is Hillcrest Park?

Hillcrest Park is at 14 Greenwood Avenue, Singapore 289206, 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 1 recorded transaction, the median price is S$664 psf. The latest was in December 2001.

What is the nearest MRT station to Hillcrest Park?

Tan Kah Kee MRT is the closest, 652 m away (about a 10-minute walk).

How many businesses are registered at Hillcrest Park?

3 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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This development is also registered as the residential project Hillcrest Park.

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